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AI music sending traditional industry into ‘panic,’ says new AI music platform CEO

Artificial intelligence (AI) has been making waves in various industries across the globe. However, the conflict between its usefulness and its ability to infringe on intellectual property (IP) has been a particular struggle in the creative industries.Major players in the music industry, from artists and record labels to institutions like

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Bitwave Acquires Gilded for Undisclosed Amount to Solidify Its Dominance in Web3 Payment Industry

Following the successful acquisition, Gilded CTO Ken Gaulter will be joining the engineering team at Bitwave to ensure a smooth transition. Bitwave, a San Francisco-based tech company that focuses on enterprise accounting for the crypto industry, announced a strategic acquisition of Gilded Finance, a leading provider of Web3-focused accounting and financial

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SEC’s Gensler accuses crypto industry of ‘wide-ranging non-compliance’

In written remarks submitted ahead of a hearing before the US Senate Banking Committee, SEC Chair Gary Gensler has once again reiterated his stance on crypto. The US Securities and Exchange Commission (SEC) Chairman, Gary Gensler, doesn’t seem to change his mind on crypto despite the recent challenges the regulator faced

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Shopify and Amazon Partners to Strengthen E-commerce Industry, SHOP Shares Spike Over 10%

Amazon will release an application on the Shopify ecosystem to enable US-based Amazon merchants to add Buy with Prime into their Shopify Checkout. Shopify Inc (NYSE: SHOP) shares closed Thursday, end of August 2023, trading at  $66.49, up 10.80 percent from the day’s opening price. Yesterday’s gains cemented Shopify’s impressive performance

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KC Fed tracks healthy growth of crypto ATM industry despite predatory operators

The crypto ATM business is thriving in the United States, despite criticism for illegal or predatory behavior, according to a report released by the Federal Reserve Bank of Kansas City. Crypto ATMs have a growing customer base that could sometimes benefit from better education about crypto, the report concluded.Crypto ATMs

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How can the synergy of AI and blockchain disrupt the music industry?

The synergy of AI and blockchain can revolutionize the music industry by enhancing artists' creative capabilities while preserving transparency and fair revenue distribution among creators. AI is increasingly being used as a tool for creating new songs or imitating existing music content.  That is why distinguishing human-generated music from AI-generated content is

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