Audius, often referred to as the next Spotify, is reshaping the music industry by decentralizing its model. Its token,
AUDIO, has made significant strides, with a market cap surpassing $1B following a collaboration with
TikTok. This partnership, the first of its kind, has led to a significant uptick in the AUDIO token, as high as 70% within a few hours. However, it should be noted that the project faced a setback when tokens worth around $1.1M were stolen.
Decentralized audio calls take center stage with
Solana launching
SolChat, which brings audio calls to the blockchain. These developments suggest a new frontier in the audio space, with live audio perceived as the future.
Blockchain music projects are emerging as part of the crypto trend, with
OpenAI upgrading features that allow livestreams with ChatGPT. However, the potential of AI to hijack live calls, creating deepfake attacks that extend beyond videos, is a growing concern among stakeholders. In other news,
Wicked Coin enters the limelight with the 'Fat Leonard' scandal, while
Bitcoin continues to draw attention with it’s mining activities prompting worries over the power grid's stability in Texas and backlash over plant expansion in Hood County. Amid concerns, the Kraken Head of Strategy insists that Bitcoin is more superior as a 'form of sound money' compared to gold.
AUDIO Coin News Analytics from Fri, 26 Nov 2010 08:00:00 GMT to Thu, 31 Oct 2024 11:16:55 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -2
