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Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound

Polygon (MATIC) emerged as one of the best performers among high-ranking cryptocurrencies on Jan. 26 as the price rose nearly 17% to reach an intraday high at $1.825. The gains surfaced amid a synchronous rebound across the crypto market that started on Jan. 24. In detail, investors and traders poured in over $250 billion across digital assets, benefiting Bitcoin (BTC), Ether (ETH) and many others in the process. Performance of the top-fifteen cryptocurrencies in the last 15 days. Source: TradingView Polygon, a secondary scaling solution for the Ethereum blockchain, also cashed in on the crypto market rebound. The valuation of its native token, MATIC, rose from as low as $9.77 billion on Jan.24 to as high as $13.58 billion two days later. Meanwhile, its price jumped from $1....

YouTube CEO hints that NFTs could be added to creator platform

YouTube’s CEO, Susan Wojcicki, addressed YouTube’s priorities for 2022 in a letter published Tuesday on the company blog. Among those priorities is the possibility of adding nonfungible token, or NFT, features for the platform’s video creators. there’s *so much* to in 2022: @SusanWojcicki shares the future of YouTube → https://t.co/uL2WIbLwXK pic.twitter.com/JEW8yzqh7e — YouTube (@YouTube) January 25, 2022 What this could look like is yet to be determined, however. No additional details were provided in Wojcicki’s statement aside from the claim that the YouTube team will use developments in the Web3 space “as a source of inspiration.” “The past year in the world of crypto, nonfungible tokens (NFTs), and even decentralized autonomous organizations (DAOs) h...

Crypto YouTubers fall victim to hacking and scamming attempt

Hackers attacked a number of popular crypto YouTuber accounts at some point during the afternoon of Jan. 23. The accounts posted unauthorized videos with text directing viewers to send money to the hacker’s wallet. Accounts who appear to have been targeted by the attack include: ‘BitBoy Crypto’, ‘Altcoin Buzz’, ‘Box Mining’, ‘Floyd Mayweather’, ‘Ivan on Tech’, and ‘The Moon’ among others. BREAKING: Dozens of Crypto YouTubers have had their accounts hijacked by hackers promoting a fake crypto giveaway scam. Hacked accounts include:@IvanOnTech@boxmining@aantonop@themooncarl@Bitboy_Crypto@mmcrypto@Altcoinbuzzio@FloydMayweather@crypto_banter@CoinMarketCap pic.twitter.com/ykXkZUh9cO — Mr. Whale (@CryptoWhale) January 23, 2022 The Binance Smart Chain wallet address that was listed on the f...

Rihanna’s ‘Stay’ Passes One Billion Streams Milestone on YouTube

Rihanna‘s “Stay” is now a card-carrying member of YouTube’s billionaire club.  The Barbados-born singing superstar crosses the billion-streams milestone on the streaming platform with her 2013 hit ballad, which features guest vocals from Nashville artist and producer Mikky Ekko. Lifted from Rihanna’s Billboard 200-leading album from 2012, Unapologetic, the mellow tune peaked at No. 3 on Billboard’s Hot 100 chart, was nominated for a Grammy Award (best pop duo/group performance) and scooped song of the year at the iHeartRadio Music Awards. [embedded content] Rihanna is already a member of billionaire club — with the stuff that folds. Explore See latest videos, charts and news See latest videos, charts and news RiRi’s Fenty cosmetics empire pushed her into billionaire territory. Accordi...

VCs don’t understand that Cardano has a community: Charles Hoskinson

In a recent YouTube video, Charles Hoskinson highlighted the rapid growth of the Cardano (ADA) ecosystem while clarifying the concerns raised by other members of the crypto community over the past year. “We live in a world where arbitrary groups of people get to be fact-checkers and decide what’s legitimate,” said Hoskinson while speaking about the government’s perception of cryptocurrencies. He pointed out that a vast majority of financial crimes are done with the U.S. dollar or other fiat currencies. According to Hoskinson, the growth of the crypto ecosystem this year might be slower than 2022: “It’s hard to argue with the $2.5 trillion industry and imagine where that’s going to go. I think we’re just going to digest as an industry the consequences for better or w...

Judge Recommends Russian Stream-Ripping Sites Pay $82.9M in Damages

A federal judge has recommended that the operators of two Russian stream-ripping websites pay more than $80 million in damages for circumventing YouTube’s anti-piracy measures and infringing copyrights of audio recordings. In a case brought by more than a dozen record labels, including UMG Recordings, Warner Records and Sony Music Entertainment, U.S. Magistrate Judge Theresa Buchanan said the sites operated by Tofig Kurbanov, a Russian national, should be shut down permanently via injunctions and that statutory damages of $50,000 be awarded for each of the 1,618 copyrighted works the sites infringed. Kurbanov operates www.FLVTO.biz and www.2conv.com, which the Fourth Circuit has previously recognized as “two of the most popular stream-ripping websites in the world and…among the most popula...

Nandi Bushell Performs Tool’s “Forty Six & 2,” Her “Most Challenging Drum Cover” Yet: Watch

Nandi Bushell, the 11-year-old musical prodigy who just earned Consequence’s 2021 Rookie of the Year honor, has delivered her “most challenging drum cover” yet: the complex “Forty Six & 2” by Tool. And, as always, she absolutely nails it! Not too many seasoned pros can go beat for beat with Tool’s Danny Carey, easily one of the greatest rock drummers of all time. But Nandi was certainly up to the task. With a smile on her face, Nandi offered up a few drumstick twirls and flips before launching into the epic track from Tool’s classic 1996 album Ænima. From there, she played the song like an absolute champ, crushing the heavy middle sections and rolling up her sleeves at the 4:30 mark for a killer fill. “This really was the most challenging drum cover I have done, so far,” wrote Nandi in...

Two Men Charged With Stealing Over $20 Million in Latin Music YouTube Royalties

In what prosecutors are describing as a brazen case of fraud, two men have been charged with illegally collecting over $20 million in Latin music royalties. José Teran of Scottsdale, Arizona and Webster Batista of Doral, Florida were charged Wednesday (Dec. 1) in federal court in Phoenix after being accused of fraudulently monetizing over 50,000 songs through their company, MediaMuv. According to sources, and to a report published in Marketwatch, the men unlawfully collected royalties on songs from a wide range of Latin artists, including Piso 21, El Fantasma, Angeles Azules and Los Askis. According to the indictment, which was filed in U.S. District Court in Arizona, Terán and Batista made false representations in order to claim more than $20 million in YouTube royalties in a scheme that ...

Will Smith Discusses Having Thoughts of Suicide In His New Series

HipHopWired Featured Video Source: Westbrook Media / YouTube Originals Will Smith opened himself up in a stunning vulnerable moment in the trailer for his YouTube series where he revealed that he once contemplated taking his own life. The Fresh Prince of Bel-Air star and globally beloved entertainer made the admission during his documentary series, Will Smith: The Best Shape of My Life. The series chronicles his journey to lose 20 pounds in 20 weeks, although there was something else he stumbled upon along the way. “When I started this show, I thought I was getting into the best shape of my life, physically,” Smith says in the preview. “But, mentally, I was somewhere else. And I ended up discovering a whole lot of hidden things about myself.” He then goes on to reference a conversation tha...

YouTube Is ‘Now the Largest Content Licensor in the World,’ Says Exec

Second-quarter advertising revenue at YouTube was reported at $7 billion, up 83 percent from the year-ago period, after $6 billion in the first quarter, up 49 percent. That don’t include subscription revenue generated by YouTube Music and YouTube Premium. Netflix recorded $7.3 billion in the latest quarter, up 19 percent, after $7.2 billion in the first quarter, up 24 percent. The executive also discussed content spending. “When you think about our payouts, we are now the largest content licensor in the world,” Kyncl said. He mentioned that YouTube’s partner program covers about 2 million creators, with the company paying out $30 billion to them over the past three years. Kyncl said to ensure diversity, companies must focus on it, including in hiring and c...

Americans Spend More Time Watching Videos on TikTok Than On YouTube: Report

HipHopWired Featured Video Source: SOPA Images / Getty TikTok is reportedly nipping at YouTube’s feet, well in the United States at least. According to a report from app analytics firm App Annie, TikTok users spend way more time watching content than YouTube users. The app developed by ByteDance first overtook YouTube in August 2020, and in June 2021, users have watched over 24 hours of content per month. In comparison, users have viewed  22 hours and 40 minutes on the Google-owned platform. In the UK, TikTok users have consumed almost 26 hours of content on the social media platform compared to 16 hours on YouTube. This data only applies to Android users and not mobile users as a whole. This is impressive because twice-impeached former president Donald Trump was on a mission to have ...

Americans Spend More Time Watching Videos on TikTok Than On YouTube: Report

HipHopWired Featured Video Source: SOPA Images / Getty TikTok is reportedly nipping at YouTube’s feet, well in the United States at least. According to a report from app analytics firm App Annie, TikTok users spend way more time watching content than YouTube users. The app developed by ByteDance first overtook YouTube in August 2020, and in June 2021, users have watched over 24 hours of content per month. In comparison, users have viewed  22 hours and 40 minutes on the Google-owned platform. In the UK, TikTok users have consumed almost 26 hours of content on the social media platform compared to 16 hours on YouTube. This data only applies to Android users and not mobile users as a whole. This is impressive because twice-impeached former president Donald Trump was on a mission to have ...