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UK Defence Ministry Awards 1.8 Billion Pound AI-Driven Maritime Enhancement Contract to Thales
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UK Defence Ministry Awards 1.8 Billion Pound AI-Driven Maritime Enhancement Contract to Thales

UK Ministry of Defence signs £1.8 billion contract with Thales for 15-year project to improve Royal Navy ship availability and resilience, leveraging AI and data management.

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks
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Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

Binance, in conjunction with the Royal Thai Police, has successfully disrupted major crypto fraudulent networks in Thailand through two significant operations. The collaboration led to the arrest of key individuals and substantial asset seizures, underscoring Binance's proactive stance against cybercrime and its ongoing commitment to enhancing security within the digital asset ecosystem.

NFT royalties of BAYC, Azuki, Pudgy Penguins are Surprisingly $58M+, $43M+, $7.2M+ Respectively
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NFT royalties of BAYC, Azuki, Pudgy Penguins are Surprisingly $58M+, $43M+, $7.2M+ Respectively

Blockchain data and research firm Nansen has reported the royalty earnings of top Ethereum non-fungible token (NFT) brand.

NFT Royalties Fall Short in Web3 Ecosystem
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NFT Royalties Fall Short in Web3 Ecosystem

Loss of creator royalties in the NFT space could be higher than estimated, with Bored Ape Yacht Club and Mutant Ape Yacht Club experiencing shortcomings of around $20 million. This points to previous estimates of $35 million likely being too small. Despite efforts to enforce creator royalties, Boris Pevzner, co-founder and CEO of LiveArt, says the current system is not working as it should, potentially causing artists to lose interest in the industry.

OpenSea Creates Tool for NFT Creators to Enforce Royalties On-Chain
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OpenSea Creates Tool for NFT Creators to Enforce Royalties On-Chain

NFT marketplace OpenSea has revealed its plan to create a tool to help creators on its platform enforce creator fee payments.

DJ 3LAU Establishes NFT Music Investment Platform Royal by Obtaining $16M in Seed Funding
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DJ 3LAU Establishes NFT Music Investment Platform Royal by Obtaining $16M in Seed Funding

American musician Justin Blau, also known as 3LAU, established the blockchain music investment company Royal, supported by a $16 million seed round.

Exclusive: How is Blockchain Disrupting the Music Industry Globally?
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Exclusive: How is Blockchain Disrupting the Music Industry Globally?

With the widespread of blockchain technology used in different industries in the past decade, Sean Jong from K-Tune in Korea explains how blockchain can address the current pain points in the traditional music industry. He also explains the role of blockchain in royalty distribution and copyright infringement!

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