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Music is back on the blockchain. Audius, a streaming service that connects music fans directly with artists, has raised $3.1 million in a strategic round co-led by Multicoin Capital and Blockchange Ventures, with participation from Pantera Capital and Coinbase Ventures. Audius has now raised a total of $8.6 million as the platform
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A survey conducted by pioneering digital music store eMusic revealed that most of their service’s users were open to paying with crypto if it allowed artists to earn more.The survey — shared exclusively with Cryptox — revealed that 65% of eMusic customers would use cryptocurrency if it was for the
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The Royal Canadian Mounted Police, or RCMP, is investigating two Bitcoin (BTC) scams in Strathcona County in Alberta, Canada. They allege that fraudsters impersonated the local authorities in order to extort their victims for money.According to The Sherwood Park News on June 16, one of the victims received a call by
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Pioneering digital music store eMusic has launched its eMU token to help musicians earn more royalties.According to an announcement published by eMusic on May 26, the firm launched its token with the aim of creating a sustainable music ecosystem. The eMU crypto asset is a payment method designed to allow
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The transition of royalty payments into the blockchain should empower artists in the music industry by increasing their bargaining power for asking higher payouts, claims a report that blockchain-based digital music platform, OPUS has shared with Cointelegraph.According to OPUS’ study, given the novelty of introducing blockchain to the digital music
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