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Neil Young made good on his vow to have his music removed from Spotify after demanding the streaming service choose between him and Joe Rogan, the controversial podcaster accused of spreading disinformation. The prolific, legendary singer behind Heart of Gold and Harvest Moon had published an open letter this week accusing Spotify of "spreading fake information about vaccines - potentially causing death" by putting out Rogan's podcast that racks up millions of listens. On Wednesday he published a second letter to his website, thanking his record company, Warner's Reprise Records for their support "in the name of truth." Joe Rogan Doesn't Understand Concept of NFTs, Calls It 'Weird Hustle' He said Spotify accounts for 60 percent of his music's global streaming income. Young has deemed the stand worth it: "Spotify has become the home of life threatening COVID misinformation," he wrote. "Lies being sold for money." "I realised I could not continue to support … [Read more...] about Spotify Removing Neil Young’s Music After His Ultimatum Over Joe Rogan’s Podcast

Apple has retained the title of the world's most valuable brand in 2022, with a valuation of a whopping $355.1 billion (roughly Rs. 26,72,600 crore), according to a report. The valuation of the Cupertino company increased 35 percent — thanks to the growth of its recognition in the market. Following Apple, Amazon and Google have been named among the top-three most valuable brands in the year. TikTok, on the other hand, has emerged as the world's fastest-growing brand, with its valuation increasing 215 percent in 2022. Brand valuation consultancy Brand Finance said in its latest ranking report that Apple became the first brand to reach a $3 trillion market valuation. The branding of the company grew from $263.37 billion (roughly Rs. 19,83,000 crore) in 2021 to $355.1 billion in 2022. “The iPhone still accounts for around half of the brand's sales. However, this year saw Apple give more attention to its other suite of products with a new generation of iPads, an overhaul to the … [Read more...] about Apple Retains Most Valuable Brand Title in 2022; Amazon, Google, Microsoft Amongst Top 10 Brands: Report

Calls for crypto regulation from governments across the world are mounting as we step into 2022 but India's cryptocurrency sector has been thriving in a rather legal grey area for quite some time now. The union government has been keen on introducing a cryptocurrency regulation, or a bill, but if recent reports are anything to go by, further delay is expected as the upcoming budget session of parliament that commences on January 31 is unlikely to offer any immediate regulatory relief to investors or other industry stakeholders. The bill is already delayed as it didn't get discussed during the winter session of the parliament that concluded on December 22 last year although Finance Minister Nirmala Sitharaman had earlier said that a “well-consulted” bill would be coming through and that it would be tabled in the parliament once the cabinet clears it. But a recent report by Coindesk reveals that the parliament intends to buy itself more time to hold more discussions and build … [Read more...] about Cryptocurrency Bill at Union Budget 2022: Here’s What to Expect

Crypto market that recently crashed after the Russian Central Bank proposed a ban has been struggling to recover for a while. As January 2022 draws to a close, Bitcoin remains affected by market volatility, which is also impacting the gains of altcoins. With a loss of 4.50 percent, Bitcoin's trading value is $35,840 (roughly Rs. 25 lakh) on Indian exchange CoinSwitch Kuber. The reigning king of the crypto kingdom, Bitcoin has registered losses on international exchanges as well. As per Binance and CoinMarketCap, each BTC token is trading at around $35,951 (roughly Rs. 25 lakh) with losses of around 3.35 percent. Along with Bitcoin , Ether also slumped by 3 percent on Thursday, January 27. Ether is trading at $2,595 (roughly Rs. 2 lakh) as per Gadgets 360's crypto price tracker . More dips in the prices of the two most valued cryptocurrencies spelled an overall loss for the crypto market. Crypto Market Has Shed Over $1 Trillion in Market Cap Since November … [Read more...] about Bitcoin Slumps 4 Percent Dragging Ether, Majority Crypto Coins Along With It

Money laundering in the crypto sector grew from $6.6 billion (roughly Rs. 49,600 crore) to $8.6 billion (roughly Rs. 64,640 crore) between 2020 and 2021, as per a yearly study conducted by blockchain forensics firm Chainalysis. This year's report summary shows that while the total amount of money laundered increased by 30 percent, only a fraction of all transactions came from illicit activities. Despite being a relatively high year-on-year percentage increase, the figure still has a wide gap compared to 2019. As per Chainalysis' most recent study , the most common source of illicit funding remained pretty standard frauds focused on collecting cryptocurrency. In comparison, i n its 2019 report , Chainalysis said that about $10.9 billion (roughly Rs. 81,945 crore) in crypto were laundered in the sector. The record-keeping company also announced that the figures have hit above $30 billion (roughly Rs. 2,25,570 crore) over a five-year duration. DeFi's role in money laundering … [Read more...] about Cybercriminals Laundered $8.6 Billion Worth of Crypto in 2021, 30 Percent More Than 2020: Report