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South Korea’s CJ Corp Taps Amazon’s Blockchain for Music Copyrights

An IT arm of South Korea’s major conglomerate CJ Corp is using Amazon’s blockchain tech to improve music copyright management.CJ Corp implementing Amazon Managed BlockchainCJ OliveNetworks has implemented Amazon Managed Blockchain in its new digital copyright system for recording and tracking music in broadcast content, local news agency Yonhap

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UK Hacker Arrested for Stealing Unreleased Music and Selling It for Cryptocurrency

On Friday, London police arrested a 19-year-old hacker who allegedly targeted artists and their music recording by stealing their unreleased songs from their web archives and sold them for cryptocurrency on the dark web.The Manhattan District Attorney’s office in New York has received several complaints from management companies of recording

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UK Police Arrest Teen for Hacking Unreleased Music to Sell for Crypto

City of London Police have arrested a 19-year-old citizen suspected of hacking major music acts in a bid to steal unreleased songs and sell them for digital currency, Canadian daily newspaper The Vancouver Sun reported on Sept. 13.The Manhattan District Attorney’s office initiated an investigation after receiving complaints from

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Warner Music to Build Token on New Blockchain by CryptoKitties Creator

Global media giant Warner Music Group will be creating digital assets using new public blockchain backed by CryptoKitties creator.Warner Music’s to create assets on FlowAccording to a Forbes report on Sept. 12, Warner Music has joined an $11.2 million investment in CryptoKitties creator Dapper Labs in order to collaborate

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South Korean Music Titan SM Entertainment to Develop Cryptocurrency

South Korea’s biggest entertainment company SM Entertainment revealed that it will be launching its own cryptocurrency in collaboration with the tech organization CTIA Labs.SM Entertainment is popularly crowned as the largest South Korean entertainment company with an estimated annual revenue of $350 million. These figures for public introspection on the

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Terra Stablecoin Alliance Adds South Korean Music Streaming Platform

Blockchain payment system and stablecoin issuer Terra has added South Korean music streaming platform Bugs to its e-commerce alliance. As CoinDesk reported Aug. 14, there are now 25 partners in the Singapore-based company’s South Korea-focused payment ecosystem.The Terra Alliance uses payment solutions provider CHAI as its front-end. CHAI incorporates a

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Bitcoin Giant Bitfury Enters Music Industry with Its New Blockchain-Based Platform

Photo: Bitfury SurroundGames, shopping, healthcare, and other spheres of our life have already adopted blockchain, but the music industry is something new. Some companies attempted to make waves there, but the most significant initiative has been introduced by a major player in the blockchain world.BitFury, the largest private Bitcoin Blockchain infrastructure

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Bitfury Enters Music Industry With Blockchain-Based Open Source Platform Launch

Blockchain and Bitcoin mining manufacturer Bitfury announced the launch of a dedicated venture to open source the music industry in a blog post on Jan. 16.The spin-off, dubbed Bitfury Surround, aims to tackle the complex and often unfairly proportioned flows of revenue between artists, fans and middlemen using blockchain technology.The

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