The Royal Group, managed by Abu Dhabi’s royal family, has shifted its investment stance, moving from US equities to short-term US Treasury bonds, commodities, and cryptocurrency amidst recession concerns. This highlights the potential opportunities cryptocurrencies present as a hedge against traditional market downturns and as a diversification tool in investment portfolios.
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Sotheby’s Metaverse: P2P NFT Marketplace Honors Artist Royalties on Ethereum & Polygon
Renowned art auction house Sotheby’s has delved further into non-fungible tokens (NFTs) with its new […]
NFT God’s Recovery Journey: A Tale Of Theft, Vigilance and The Shift In Market Dynamics
Crypto personality, NFT God, managed to recover part of his digital assets, originally stolen in a hacking incident, thanks to Binance’s security team. The incident highlights both the risks within the digital marketplace and the ongoing need for enhanced cybersecurity vigilance for anyone involved in crypto and NFT trading.
Convulsions in Crypto: Bitcoin Ordinals’ Plummet, OpenSea’s Dutch-stop, and Frend.tech’s Rapid Growth
“Significant fluctuations in the crypto world have been noted, with Bitcoin Ordinals experiencing a drop in trading volume and OpenSea disabling its on-chain royalty enforcement tool. Meanwhile, new decentralized social media platform, Frend.tech, has seen rapid growth, raising queries about its sustainability.”
Decentralized Social Network Friend.tech: Astounding Success or Potential Disaster?
“Decentralized social network Friend.tech quickly earned over $1 million in fees, outperforming giants like Uniswap and Bitcoin. However, concerns loom around its business model, potential exploitation, and data privacy, raising questions about its future sustainability and growth.”
Blockchain Cross-Pollination: Exchange.art Bridges Ethereum and Solana for Digital Artists
“Exchange.art, a Solana-based digital art platform, announced its plans to incorporate Ethereum support, venturing into multichain operations. The aim is to attract new creators, simplify cross-ecosystem selling for artists, and foster a hub for digital and traditional art solutions.”
AI in Music Production: Boon or Bane? The Battle for Creativity and Rights in the Industry
AI integration in music production is opening up creative possibilities and reshaping the industry. From electropop musician Grimes splitting royalties on AI-dubbed songs to AI-powered music tools like Korus, artists can collaborate, innovate, and protect their rights. As AI-enhanced music becomes more widespread, recognizing intellectual property challenges and embracing solutions will be crucial for the future of music.
AI-Generated Music on Spotify: Fraud Concerns vs Creative Exploration
Spotify removes 7% of AI-generated music by startup Boomy amid concerns of fraudulent activity and copyright issues. While the industry is apprehensive about the technology, some artists are eager to explore its potential. This conflict may shape AI’s future role in the music industry.
Alibaba’s Metaverse Launchpad and Web3’s Impact on Mainstream Industries: Embracing or Warning?
Major Web2 players, including Alibaba and Sports Illustrated, are entering the Web3 space, launching metaverse and NFT platforms on blockchains like Avalanche and Polygon, signaling growing interest and integration of Web3 technology into mainstream experiences.
Bhutan’s Green BTC Mining Boom: A Global Crypto Game Changer or Risky Venture?
Bhutan partners with Bitdeer Technologies Group to create a $500 million fund for green bitcoin mining utilizing the country’s hydroelectricity resources. The project targets institutional investors and aims to establish a 100-megawatt mining operation. Bhutan is also exploring a digital national currency through a partnership with Ripple.