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Yusuf/Cat Stevens Signs With WME
WME has signed Rock & Roll Hall of Famer Yusuf/Cat Stevens in all areas. Yusuf is embarking on a global tour in 2023 and is working on myriad other creative endeavors, including a new album that will mark his first set of new music since 2017’s Grammy-nominated The Laughing Apple. Over the last few years, Yusuf has focused on revisiting his catalog as projects reach their 50th anniversary. In 2020, he released a re-recorded version of 1970’s Tea for the Tillerman as Tea for The Tillerman 2 and put out a boxset heralding the album, which includes his breakthrough U.S. hit, “Wild World.” Following the release of 50th-anniversary boxsets for Mona Bone Jakon and Teaser and the Firecat, a newly remastered 50th-anniversary edition of his 1972...
Amazon Music Now Offers 100 Million Songs to Prime Members
Amazon Music will expand its ad-free offering for Prime members from 2 million songs to more than 100 million songs, the company announced on Tuesday (November 1). There is one caveat, however: Prime members can only listen on shuffle, unless they upgrade to Amazon Music Unlimited. Along with the increased access to music, Amazon announced that Prime members will also have access to a wide-selection of ad-free podcasts, plus a newly launched Podcast Previews feature that lets listeners easily test snippets of episodes to see if they like them. “When Amazon Music first launched for Prime members, we offered an ad-free catalog of 2 million songs, which was completely unique for music streaming at the time,” Steve Boom, vp of Amazon Music, said in a statement. “We continue… to bring eve...
Will Metacade (MCADE) Rise More Than PancakeSwap (CAKE) and Polkadot (DOT)?
During the bull market run of 2020 and 2021, several tokens came onto the market that quickly saw great success. This new influx of crypto projects, alongside bored investors stuck at home during the pandemic led to some dramatic gains, particularly with projects like PancakeSwap (CAKE) and Polkadot (DOT). If you missed out on being an early investor in PancakeSwap and Polkadot, don’t panic. You might still have a second chance with a new token from Metacade (MCADE). So let’s dive in and see why investors are talking about it. What is PancakeSwap (CAKE)? PancakeSwap is a decentralised exchange (commonly known as a dex) that uses the BNB Chain. Decentralised exchanges were created as an alternative to traditional centralised exchanges, which left their users’ accounts susceptible to hacking...
Scary stats: $3B stolen in 2022 as of ‘Hacktober,’ doubling 2021
The month of October has broken all records for crypto exploits and the amount of digital loot pilfered — living up to its new moniker of “Hacktober” — according to the latest figures. On Oct. 31, blockchain security firm PeckShield tweeted some scary statistics for the month, reporting a total of $2.98 billion in stolen digital assets as of Oct. 31, 2022, which is nearly double the $1.55 billion lost in all of 2021. “Hacktober” saw around 44 exploits affecting 53 protocols, it added. Malicious actors made off with a whopping $760 million in the month, however, $100 million had been returned. #PeckShieldAlert ~44 exploits (53 protocols affected) grabbed ~$760.2M in Oct. 2022, and ~$100M already returned the exploited protocols (Total loss: $657.2M)As of Octobe...
I’m the captain now: Musk chops Twitter board, becomes sole director
Crypto-friendly billionaire Elon Musk has become the sole director of Twitter, following the dissolution of nine former board members, according to newly filed documents. In an SEC filing dated Oct. 27, the “consummation” of Musk’s takeover of Twitter came with the dissolution of Twitter’s board members, including Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li and Mimi Alemayehou. “On October 27, 2022, and as a result of the consummation of the Merger, Mr. Musk became the sole director of Twitter,” the filing reads. The Tesla CEO later tweeted in a response to a Twitter user that the arrangement was “just temporary.” Previously, Musk has said the platform under his ownership will focus on free speech, eli...
Nifty News: GameStop NFT market goes live, Hong Kong’s NFT concept and more
The nonfungible token (NFT) marketplace for American video game retailer GameStop has officially gone live on Ethereum layer-2 blockchain ImmutableX, all part of the latest Web3 push from the gaming retailer. The pair first partnered in February to build the marketplace offering a $100 million grant for NFT content creators and tech developers before a public beta of the NFT marketplace debuted in July. With the Oct. 31 announcement of the full launch, GameStop’s market will allow for popular Web3 games on ImmutableX such as the role-playing game Illuvium and Gods Unchained to be accessed by users. GameStop has worked to launch a series of Web3-powered products over the past year, with a beta self-custody crypto wallet released in May that integrates with its NFT marketplace. In Marc...
Twitter monetization and free speech drove Binance’s $500M injection: CZ
Binance CEO Changpeng “CZ” Zhao has explained the reasoning behind its $500 million co-investment into Elon Musk’s Twitter, citing monetization potential, crypto community free speech, and the opportunity to eventually “help bring Twitter into Web3.” CZ’s comments came from an Oct. 31 CNBC Squawk Box segment, where he explained what drove his co-investment with Elon Musk to acquire the social media platform noting: “I believe Twitter has not been monetized well, it has not grown well, there’s many tactical problems like bots that spam my comments, there’s scammer accounts on there, it’s not been run well.” “But I think the platform has huge value in itself, and especially now with Elon at the helm, we’re very confident,” he added. Binance has not wavered...
Ex-WMG Innovation Chief Scott Cohen Named CEO of Music Investing Platform
Former Warner Music Group executive and the Orchard co-founder Scott Cohen said on Tuesday (Nov. 1) he is taking a new job as chief executive officer of a fintech platform aimed at selling fractional shares in song catalogs. Cohen, who stepped down from his role as chief innovation officer at WMG in September, said the aim of the new venture is to “fractionalize ownership of music royalties.” Fractional shares are a familiar concept in finance, and brokerages like Robinhood and Fidelity Investments sell them as a way to buy a slice of a share for less than the price of the whole stock. The market for buying and investing in music publishing rights has traditionally been open to only the world’s largest music companies and, more recently, money managers. Introducing fractional shares could ...
Biden bashes oil sector for ‘war profiteering,’ warns of windfall tax on profits
He reiterated his call for the oil industry to use the surging profits to increase its oil production and refining capacity, and said it was time they looked beyond “the narrow self-interest” of their executives and shareholders. “If they don’t they are going to pay a higher tax on their excess profits and face other restrictions,” he said. “It’s time for these companies to stop war profiteering, meet their responsibility to this country, give the American people a break and still do very well.” Oil majors Exxon Mobil, Chevron and Shell Oil alone reported quarterly profits last week totaling about $40 billion. Biden did not endorse any specific proposal, which could frustrate Democrats in Congress who’ve proposed legislation months ago to tax the “windfall” profits of large oil and gas com...
RealFevr Raises €10 Million to Build the Ultimate Web3 GameFi Sports Ecosystem
Lisbon, Portugal, 31st October, 2022, Chainwire The Web3 Portuguese startup is boosting the Sports GameFi & NFT space through product and market innovation, including solving the speculative and utility issues in the digital collectibles industry. Since 2021, RealFevr has released its token ($FEVR), launched the first soccer video NFT marketplace, closed partnerships with organizations such as Liga Portugal, Portuguese Football Federation, Torino FC and Beach Soccer Worldwide, and signed multiple world-class athletes. RealFevr has sold out all its NFT collection pack drops to date. Packs have featured moments from players such as RealFevr Global Ambassador and shareholder Bruno Fernandes, Cristiano Ronaldo, Casillas, Ibrahimović, Di María, Ronaldinho, Cantona, Totti, and others. RealFe...
Ethereum flashes a classic bullish pattern in its Bitcoin pair, hinting at 50% upside
Ethereum’s native token, Ether (ETH), looks poised to log a major price rally versus its top rival, Bitcoin (BTC), in the days leading toward early 2023. Ether has a 61% chance of breaking out versus Bitcoin The bullish cues emerge primarily from a classic technical setup dubbed a “cup-and-handle” pattern. It forms when the price undergoes a U-shaped recovery (cup) followed by a slight downward shift (handle) — all while maintaining a common resistance level (neckline). Traditional analysts perceive the cup and handle as a bullish setup, with veteran Tom Bulkowski noting that the pattern meets its profit target 61% of all time. Theoretically, a cup-and-handle pattern’s profit target is measured by adding the distance between its neckline and lowest point to the neckline level. The Ether-to...
Singapore’s MAS says no urgent case for retail CBDC, but launches 4 fast trials of it
The Monetary Authority of Singapore (MAS) has wrapped up the first stage of its Project Orchid examination of a retail central bank digital currency (CBDC). According to the white paper released on Oct. 31, there is no “urgent case” for a retail CBDC in Singapore, but the study envisioned the infrastructure required in case a need arose. It also conceptualized a new model for digital currency — purpose-bound money — and pulled large Singaporean banks and government agencies into the research with a series of trials. Singaporean consumers do not need a retail digital dollar at present because of the high quality of services already available, the authors wrote. They indicated, however, that the most foreseeable use case may be for the benefit of the MAS rather than users: “Electro...
