News list for "streaming"
According to DLNews, the founder of Defi Protocol Stream Finance has filed a lawsuit against the partner, accusing it of misappropriating $93 million of funds. Stream Trading Corp. accused Georgia resident Ryan DeMattia of using the funds to cover his losses after defaulting on his personal loan, while Florida resident Caleb McMeans was accused of failing to meet the terms of an agreement signed in January, according to the lawsuit. It is reported that McMeans took over in January...
Netflix's (NFLX. O) global streaming growth in paying users was 18.91 million in the fourth quarter, and the market is expected to be 9.60 million.
On September 12th, according to Cointelegraph, the decentralized music streaming platform Tune.fm announced a financing of 50 million US dollars, and LDA Capital, Alpha Token Capital, Block Alpha, Animoca Brands, The HBAR Foundation and GDA Capital participated in the investment. So far, the total financing amount has reached 80 million US dollars. The new funds will be used to provide liquidity for the agreement's JAM token, which is used to reward artists and users within the platform. The pla...
The South Korean live streaming host was sentenced to a heavy sentence for crypto asset fraud. The Eastern District Court in Seoul sentenced Xu to 15 years in prison on the 30th. Xu was accused of recommending to victims to invest in crypto assets (tokens) issued by his company or related businesses, and misappropriating the investment funds. In addition, Seo is also accused of embezzling more than 11 billion won (about $8.23 million) and using company account funds to buy virtual gifts on Afree...
Streaming media giant Spotify has announced that it has acquired blockchain content startup Mediachain for an undisclosed amount. It is reported that Mediachain has previously received $1.50 million investment from a16z and Union Square Ventures and is currently building a distributed database that connects creators and authors with the content they create. Spotify said the Mediachain team will join its New York office to help Spotify move further towards a music industry that is more fair, tran...
On August 22nd, according to Cointelegraph, the Aptos Foundation has partnered with Web3 streaming platform Myco to decentralize streaming content on the Aptos blockchain. The collaboration not only includes technical integration and development resources, but is also closely related to Myco's upcoming launch of a native utility token on the Aptos blockchain in the fourth quarter of 2024.
The Aptos Foundation has now formed a partnership with Myco, a Web3 streaming platform, which involves Myco combining its platform with the Aptos blockchain to decentralize streaming. The partnership is part of Myco's broader plan to transition its infrastructure to the Aptos blockchain and support the Web3 streaming service provider's long-term vision of full decentralization. The announcement also coincides with Myco's upcoming "native utility token" on the Aptos blockchain, which will be laun...
Decentralized video streaming platform Livepeer has announced the launch of the AI Video Startup Program, a start-up company focused on building generative AI capabilities on the web, which will provide selected startups with $20,000 in grant funding and infrastructure credits for AI inference and transcoding, as well as expert mentorship from Livepeer's technical team.
