From ownership to opportunity, Web3 is still on a mission to reshape music

As streaming platforms dominate music distribution, artists have increasingly found themselves sidelined and earning fractions of pennies per play, all while relying on centralized platforms to reach fans.  However, in a corner of the digital world, a new wave of creators, developers and platforms are exploring how Web3 tools can offer an alternative.  Decentralized music…

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CFTC Nominee Quintenz: Blockchain Will Reshape Society

Brian Quintenz, US President Donald Trump’s nominee to chair the Commodity Futures Trading Commission (CFTC), has said that blockchain is a foundational technology poised to transform much more than just finance. In prepared remarks ahead of his Senate confirmation hearing shared with Cointelegraph, Quintenz pointed out the long-term impact of blockchain and cryptocurrencies. “I view…

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Société Générale-Forge Launches USD-denominated Stablecoin

Société Générale-Forge, the crypto subsidiary of French financial services company Société Générale, has launched a new US dollar-pegged stablecoin. According to a June 10 announcement, the stablecoin, dubbed USD CoinVertible (USDCV), will be issued on the Ethereum and Solana blockchains. United Kingdom-based financial services firm BNY will act as the custodian for the assets backing…

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Ripple Announces $5M Grant APAC Universities

Ripple Labs is set to commit an additional $5 million to help fund academic research and foster blockchain talent in the Asia-Pacific region. In a blog post on Tuesday, Ripple Labs said it will be committing the additional funding via its University Blockchain Research Initiative (UBRI), which will fund universities across six countries, with new…

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AI Job Displacement Key Topic of Discussion

The crypto community has taken a keen interest in artificial intelligence of late, including discussing its potential to replace humans in jobs, according to the onchain analytics platform Santiment.  Santiment’s Alpha Narratives dashboard found on various social media channels like X, between May 29 and June 5, users were discussing various aspects of AI, including…

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Five Plead Guilty To $37M Crypto Scam Scheme

Five men have pleaded guilty to their roles in a $36.9 million international crypto scam scheme that targeted Americans, with funds ultimately being sent to a crypto scam center in Cambodia. The crypto scammers used shell companies and US bank accounts to rake in the stolen funds before converting them into Tether (USDT) and sending…

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