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EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy
19.10.2022
Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been trying to lower. New energy efficiency labeling is to address the growing electricity usage in the crypto...
Snoop Dogg Associate Joins Gala Music Board, Death Row Records Steps Closer to Blockchain Commitment
8.10.2022
After the rap star Snoop Dogg acquired Death Row Records in February, the hip-hop legend explained that he would transform Death Row into a non-fungible token (NFT) label backed by blockchain technology. On Thursday, Snoop’s brand partnership manager Nick Adler joined a newly-created Gala...
Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies
1.10.2022
New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label as uncontrolled consumption of electricity in the sector....
B2Broker’s New Breakthrough Solution – White Label cTrader
8.9.2022
PRESS RELEASE. White Label cTrader, a new offering from B2Broker, a market leader in liquidity and technological ecosystem for the Forex and crypto industries, has been officially released. Thanks to the new solution, brokers will now be able to access one of the most popular and functional...
El Salvador Leader Bukele Calm As Media Label ‘Bitcoin Experiment’ a ‘Failure’
8.9.2022
The mainstream media in El Salvador has torn into into President Nayib Bukele for his perceived silence over the one-year anniversary of bitcoin (BTC) adoption, with multiple outlets and organizations calling the move a “failure.”
Bitcoin was adopted as legal tender exactly a year ago yesterday...
Argentine Startup Action Point Develops White Label Solution to Include Crypto in Traditional ATMs
5.9.2022
Action Point, an Argentine startup, has developed a white-label solution that allows banks to offer cryptocurrency services through their already existent ATM infrastructures. The company provides this service in partnership with Lirium AG, a crypto-as-a-service organization, and has already...
LABEL Foundation to Integrate With Project Galaxy for NFT Airdrop
25.8.2022
LABEL Foundation announced an official partnership with Project Galaxy. The collaboration will help LABEL Foundation release its first-ever NFT airdrop for early supporters. The users can earn unique badges through the airdrop, which can be used as credentials to enter future giveaways....
Label Drops AI Rapper With Music Project From Fortnite Pro, Apologizing To Black Community
24.8.2022
One week ago, headlines were abuzz with the news that Capitol Music Group had signed a digital rapper called FN Meka whose lyrics were generated by artificial intelligence. Now, after much backlash and criticism from around the internet, Capitol Music Group is undoing that decision, instead axing...
Rap Star Snoop Dogg Believes Crypto Industry Will Bounce Back — Crash ‘Weeded’ Out Bad Apples
30.6.2022
This week, the rapper Snoop Dogg spoke about the crypto crash in an interview with CNBC on Tuesday and explained that he believes the cryptocurrency economy will bounce back. Snoop said that he feels like the crash “‘weeded’ out all of the people” that were not supposed...
LABEL Foundation Integrates With Binance Custody to Offer Cold Storage Support for $LBL Token
3.6.2022
PRESS RELEASE. LABEL Foundation has announced that it has officially integrated with Binance Custody to take advantage of their highly secure cold storage solution. With this integration, LABEL’s native tokens can be kept safely as the $LBL is now supported by Binance Custody and the tokens...
MoU Established by Clesson, the Company Behind LABEL Foundation, With CJ Entertainment and Media
1.6.2022
PRESS RELEASE. Clesson, the operating company behind OPENTRACK and LABEL Foundation, has officially established a memorandum of understanding (MoU) with CJ Entertainment & Media. The new collaboration has the potential to benefit both parties involved as CJ Entertainment & Media...
Nifty News: Robinhood to launch a Web3 wallet, LimeWire inks deal with Universal and more
18.5.2022
Robinhood’s wallet will be noncustodial and multichain, allowing for the storage of NFTs along with the ability to connect to NFT marketplaces
LABEL Foundation Announces the Strategic Partnership With Polygon Studios to Launch Their Dapp on Polygon Mainnet
26.4.2022
PRESS RELEASE. In this industry, it is crucial to establish key strategic partnerships in order to ensure both longevity and prosperity. As such, LABEL Foundation has officially announced a partnership with Polygon Studios, with the further intention to chase their multichain goal and launch their...
Bitstamp to Offer White-Label Version of Its Crypto Trading Services in US
8.4.2022
The long-running crypto exchange has already been providing what it calls “Bitstamp-as-a-Service” to European financial institutions for several years
S Korean Market Regulator Wants to Label Upbit, Bithumb ‘Large Conglomerates’
23.3.2022
South Korea’s biggest crypto exchanges are set to be regulated by the nation’s conglomerates regulator – a sign they have grown from relative obscurity into mega-companies in the space of just a few years. But the regulatory move would also ramp up scrutiny on what is already a heavily policed...
Universal Music Group’s Web3 Label Buys Bored Ape for $360K in Ethereum
19.3.2022
On Friday, Universal Music Group’s Web3 label dubbed 10:22PM revealed it purchased the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) #5537 for more than $360,000. 10:22PM says that BAYC #5537 will become the female manager for the first-ever metaverse group. UMG’s 10:22PM...
Coinbase to Label Some Assets as 'Experimental’ In Bid to Boost Transparency
7.3.2022
Users of Coinbase can now see which tokens have added risks
LABEL Foundation Debuts on Top Digital Asset Exchange in South Korea
25.2.2022
PRESS RELEASE. LABEL Foundation recently gained authorization from one of South Korea’s main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson (the parent company) garnered equity capital from two significant investment...
Record label CEO explains how music NFTs are set to revolutionize the industry
22.2.2022
NFTs must evolve beyond PFPs and the Metaverse to stay relevant in 2022, and Monstercat CEO Mike Darlington explains that music may be next
Clesson Co. Ltd: The Operating Company of LABEL Foundation Receives $2 Million Equity Funding From Groom Investments and eBEST Investments & Securities
14.2.2022
PRESS RELEASE. Clesson, the operating firm of the LABEL Foundation, has received an extra $2 million in equity funding from eBest Investments & Securities and Groom Investments to advance the Web 3.0 NFT infrastructure for musicians, fans, and content producers and boost the revolution in...