A musician from Cornelius, North Carolina has been charged with wire fraud conspiracy, wire fraud, and money laundering conspiracy in connection with a years-long scheme to manipulate music streaming platforms and pocket over $10 million in royalties with AI-generated songs. From 2017 to 2024, Michael Smith, 52, allegedly used AI to generate songs and automated bots to inflate listener numbers across music streaming platforms. While the services used were not disclosed, major players like Spotif...
UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval
The FCA approved only four of the 35 applications it received in the year ended March 31.
UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval
The FCA approved only four of the 35 applications it received in the year ended March 31.
Four Altcoins Poised to Change Lives in This Crypto Cycle
Discover the four altcoins poised to disrupt the crypto market in this cycle, all leveraging the powerful Solana blockchain. With major investments from key players like Panta Capital and a16z, these projects—Helium, Hive Mapper, Wormhole, and Jupiter—could offer life-changing returns. Explore how these tokens are set to capitalize on the growing Solana ecosystem and what this could mean for your investment strategy.
Bitcoin Flounders Ahead of Friday Jobs Report That Might Push Fed to Slash Rates by 50 Basis Points
The U.S. central bank has indicated it will cut rates at its mid-September meeting, but the size of the move is up for debate.