50 Cent is known for his forward-thinking, so was he ahead of the curve with Bitcoin? In 2014, it was said he was one of the first to embrace cryptocurrency in the music industry by TMZ. He agreed to accept B itcoin as payment for the album sales of “Animal Ambition,” NPR reported. He was driven by a desire to  “stay with [the] times,” mentioned CNBC. At the time it was said 50 Cent had received nearly 700 bitcoins, placing its value at more than $400,000. By 2018, Bitcoin’s value had reportedly surged and the bitcoin was worth between $10,000 to $12,000 per coin. This increase brought the estimated value of 50 Cent’s 700 Bitcoin to a range between $7 million and $8.5 million. “Not Bad for a kid from South Side, I’m so proud of me,” 50 Cent wrote in a now-deleted Instagram post, according to CNBC. “I’m a keep it real. I forgot I did that sh-t.” While Bitcoin’s worth was impressive at the time, its value has grown since. Benzinga reported that bitcoin’s value soared to $68,973 by...

Bitcoin has surged to its highest level since April, reaching $73,544. Forbes reported that the Nov. 5 presidential election is among several market factors affecting the $1.4 trillion cryptocurrency, contributing to the 6% increase recorded around 3 p.m. EDT (7 p.m. GMT) on Tuesday, Oct. 29. The rise puts Bitcoin’s October gains at 13%, outpacing the S&P 500, which advanced 1% this month. Several other major cryptocurrencies and shares of companies involved in Bitcoin mining — the energy-intensive process of unlocking bitcoins from the digital blockchain — also saw significant gains Tuesday. Ethereum jumped 4% to reach a 10-day high of $2,637, while Binance Coin increased 2% to an eight-day high of $608. Solana climbed 2%, reaching a three-month high of $182. Prominent investors, including hedge fund billionaire Paul Tudor Jones, are promoting Bitcoin as protection against inflation, particularly as government policies from presidential candidates Kamala Harris and Donald Trump are...

Canza Finance’s co-founders are leaning into Web3 to financially empower the African continent. Pascal Ntsama IV and Oyedeji Oluwoye are looking to create “the world’s largest non-institutional-based financial system” through the creation of Canza Finance, the company website mentions. They both share distinct journeys on how they arrived to the company’s inception. For Chief Technology Officer Oluwoye — born in Nigeria, Africa, and raised in Sydney, Australia, before moving to the United States at 14 — he began taking various CompTIA Certifications, early-career data analytics certification, during his senior year of high school. After graduation, he headed to the Alabama Agricultural and Mechanical University to obtain a Bachelor of Science degree in computer science. While in college, he was able to secure a position with Adtran, a networking and telecommunications company based in the U.S., as a co-op engineer. He then transitioned to work at AT&T as a senior specialist-network...

Getting to the money is an idea that most people can get behind. From becoming a social media influencer to navigating a traditional job or even jumping into entrepreneurship, people are looking for ways to secure the bag and maximize wealth. One of the ways people are expanding their worth is through investments and alternative forms of traditional currency like cryptocurrency. And although cryptocurrency has become more and more popular, the reality of it still makes people scratch their heads a little bit. While crypto has been around since 2009, it has evolved. The digital currency market is expansive, and conversations around its use and inclusion in everyday life have become increasingly routine. And with such evolution comes questions about its usage and what it means for the future. Even the IRS requires users to claim crypto on their taxes, but it’s categorized as property. With so many uses, how can a person determine the best use of the currency? It is at this...

BitcoinVegan CEO and “From Bars to Bitcoin” author Justin Rhedrick is a supporter of Bitcoin, but his journey had various obstacles before the digital currency.

Jay-Z wants to teach cryptocurrency to the community where he grew up. The mogul has joined Twitter founder Jack Dorsey for The Bitcoin Academy — a financial literacy program for residents of the Marcy Houses in Brooklyn, New York — Complex reports.  

There was a time when getting paid in Bitcoin was a revolutionary concept. Today, however, more and more people — and places — are accepting both Bitcoin and other forms of cryptocurrency, leading experts to believe that this once-innovative (and controversial) method of payment would become just as common as the USD, the EUR, and the GBP. CNBC reports that the first-ever Bitcoin was mined on January 3, 2009. And though the outlet reports that the market is extremely volatile — and the cryptocurrency is subject to bans from China, periodically — even the wealthiest of the wealthy want to be paid in Bitcoin. In 2021, Morgan Stanley made the coveted crypto-coin available to its wealthy investors for the first time in history. Naturally, this also means celebrities, themselves, want to be paid in Bitcoin. Whether they’re in hip-hop, pop, or playing on the basketball court, celebrities love them some cryptocurrency — and who can blame them? Even in the most volatile of markets, Bitcoin...

On Nov. 11, 2021, Meek Mill took to his Instagram story to manifest that he would follow in fellow rapper Money Man’s footsteps — and he sparked a larger conversation. “Ima get my next record deal paid in bitcoin [ sic ] behind @moneyman,” he previously wrote in his story, per Vibe. Then in February 2022, Meek once again took to social media to ask for advice about crypto investing — and the “Dreams and Nightmares” rapper got some sage advice from Money Man himself, who tempered the excitement of the buy with the reality of the risk. View this post on Instagram A post shared by 2Cool2Blog (@2cool2bl0g) “You were suppose to stabilize your crypto a month or 2 ago before the 50 percent dip and buy back in close to the bottom,” wrote Money Man on Twitter. “Always take profits in crypto on some of these coins because trust me the big dawgs are taking there’s. Being greedy and thinking everything will moon. Can get you REKT.” Indeed, Money Man’s sage advice belies the volatile nature of...