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Former NBA Player Paul Pierce Settles With SEC for $1.4M Over Unlawful Promotion Of Crypto Securities

Former Boston Celtics athlete Paul Pierce will pay a hefty fine for withholding information.

Samantha Dorisca

Feb 21, 2023

Black People Looked To Crypto To Build Generational Wealth — Now, They May Be Getting Hit The Hardest

The cryptocurrency industry has been getting hit hard lately, and Black Americans who have tapped in seem to be amongst that group.

Ngozi Nwanji

Dec 21, 2022

Floyd Mayweather Claims Victory Alongside Kim Kardashian In A Cryptocurrency Lawsuit

Floyd Mayweather has recently won a battle outside of the ring.

Ngozi Nwanji

Dec 8, 2022

After Seven Months, Realized It Accidentally Sent A Woman $10.5M Instead Of $100 For A Refund — Now, The Firm Is Suing

If you accidentally transferred millions to your account, what would you do with the money? One woman wasted no time after receiving millions of dollars from Now, she is the center of a very serious lawsuit, Complex reports. The money was received when the company attempted to process a refund in May 2021.

Shanique Yates

Sep 2, 2022

Snoop Dogg Believes The Crypto Winter Weeded Out Those  'Who Were Abusing The Opportunities That Were There'

Over the past few years, Snoop Dogg has proven to have an affinity for more than just rap music and cannabis. He is a man of business and a significant player in the digital space. With web3 content and collections of non-fungible tokens (NFTs), Snoop demonstrates that he believes the future of work and business is in the metaverse. However, the future of digital assets has recently come into question. Despite the challenges many financial experts have identified, Snoop is not concerned.

Josh Rodgers

Jul 1, 2022

Jay-Z And Jack Dorsey Join To Fund 'The Bitcoin Academy' To Provide Financial Education For Marcy Houses Residents

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.  

Ngozi Nwanji

Jun 9, 2022

Coco Gauff Drops First NFT Collection With Autograph To Represent For Gen Z In The Web3 Space

Fresh off her match at the French Open, Coco Gauff is giving her fans more to look forward to with the launch of her new non-fungible token (NFT) collection with Autograph. As AfroTech previously told you, the Tom Brady-backed platform connects brands and high-profile individuals in sports, entertainment, and culture. The platform has already welcomed Naomi Osaka, Simone Biles, and Usain Bolt and now, Gauff is taking a seat at the table.

Samantha Dorisca

Jun 9, 2022

The Weeknd, Binance Set To Kick Off First 'Crypto-Powered' World Tour

When it comes to finding innovative ways to connect with fans, The Weeknd continues to be on top of it. According to a press release, the musician has teamed up with Binance — a cryptocurrency exchange company — for “the first global concert tour to integrate Web 3.0 technology for an enhanced fan experience.”

Ngozi Nwanji

Jun 6, 2022

How Crypto Deals Led The NBA To Reach A Record High In Sponsorship Revenue Of $1.6B, Report Says

The NBA has been greatly benefiting from cryptocurrency’s influence as of late. According to CNBC, a recent report ahead of the NBA Finals shows that crypto partnerships are the reason the league’s sponsorship revenue for the 2021-22 season is the highest it’s ever been.

Ngozi Nwanji

Jun 2, 2022

Rick Ross Questions The Validity Of Crypto-Millionaires — 'Y'all Gettin' So Much Money, Where You At?'

Rick Ross has some questions for crypto-millionaires. “That’s the thing about Rick Ross — that’s the thing about the bawse ,” he said in a recent Instagram story. “The metaverse . Crypto . Y’all gettin’ so much money, where you at? Where you at ? Show us! And I don’t mean ‘I’m tryna get money.’ Yo, man, I got a lot of money … But show us. Show my homies what the metaverse [is] about. Y’all big boy crypto dudes! … All that fake rich money, where it’s at?” Check out the video of Ross calling out pump-faking crypto-millionaires below. Rick Ross wants crypto investors to prove they’re making money 😭 — Hot Freestyle (@HotFreestyle) May 2, 2022 To a certain degree, Ross does have a point. There is no shortage of crypto scams out there, and they can most especially be found on your friendly neighborhood Instagram page where “ForEx professionals” offer to make you untold amounts of money for a “small fee,” only to run off with your funds, never to be seen again....

Gunna Flexes 20-Carat Diamond Chain At The Met Gala Under Partnership With Global Crypto Platform Ledger

Gunna has made it clear that you’re always going to catch him being iced out. Complex reported in March that the rapper dropped $100,000 for a “P” diamond tooth — relating to his infamous phrase “Pushin P”. “P don’t just mean player. P means paper, too. You can be pushing this P with paper,” he explained, according to Complex. “If you’re in this shit and it’s rented, then you’re kicking P. But if you buy this shit and you own it, then you’re really pushing P. You’re spending your hard-earned money. Like, you’re pushing it. You’re standing on this shit. You’re spending millions on it. You’re pushing it.” The teal-colored stone was provided by Angel City Jewelers’ Isaac Bokhoor and installed by Thomas Connelly. Now, he has linked up with a platform to add on to his bling.

Ngozi Nwanji

May 3, 2022

Meet Ire Aderinokun, The Co-Founder, COO, and Vice President Of Engineering At Helicarrier

Ire Aderinokun seems to have always been ahead of the curve. The interface designer is the co-founder, chief operating officer, and vice president of engineering at Helicarrier. The crypto company aims to change Africa’s digital landscape through the launch of products including Buycoins, Sendcash, Sendcash Pay, and more. Before becoming a guru in technology, Aderinokun was already gaining experience in computer science by the age of 13. In fact, she created her very first website using HTML codes. During this time, web development was merely a hobby for her, and pursuing a career in that field was not even an afterthought until she obtained her master’s degree in law at the University of Bristol, Face2Face Africa reports. As Aderinokun dived into her studies, she also signed up for a design course at Codeacademy. “I have always been interested in web development; when I was younger, I did it for fun and never considered it as a career. I rediscovered it while I was getting my...

Samantha Dorisca

Apr 20, 2022

Snoop Dogg And Drake Among Celebrities Who Invested In Crypto Firm MoonPay's $87M Funding Round

In MoonPay’s recent funding round, celebrities from the worlds of music, sports, and entertainment backed the crypto firm with hefty investments. According to Independent, 60 stars including rappers Snoop Dogg and Drake participated in a whopping $87 million raise for the Miami-based firm. Fellow investors also included Justin Bieber, Jason Derulo, Questlove, Gwyneth Paltrow, and more. The announcement follows MoonPay’s $555 million round — bringing its valuation to $3.4 billion. The outlet discloses that many of celebrities involved already had familiarity with cryptocurrency. “Hollywood is using smart contracts and blockchain technology to assert their creative intellectual property rights,” said Ivan Soto-Wright, CEO and co-founder of MoonPay, according to Independent. He added: “Major global sports franchises have used digital tokens and NFT collectibles to transform fan engagement. And recording artists are beginning to explore how NFTs can give them more control over royalty...

Ngozi Nwanji

Apr 13, 2022

Naomi Osaka Joins Crypto Firm FTX As An Ambassador As She Aims To Bring More Women Into Web3

Naomi Osaka is truly always on the move! For her latest feat, the tennis medalist inked a deal with cryptocurrency exchange firm FTX as its latest global ambassador, Hypebeast reports. The long-term partnership is a part of the company’s mission to both bring more women into Web3 and to the brand’s overall audience. View this post on Instagram A post shared by 大坂なおみ🇭🇹🇯🇵 (@naomiosaka) “Just as FTX is at the forefront of crypto markets, we want to be at the forefront of social change,” said CEO of FTX Sam Bankman-Fried in a statement, according to Hypebeast. “Our partnership with Naomi Osaka will further our goal of getting more diverse voices involved in the future of digital currency and Web3. I am excited to work with Naomi as we look to educate those groups and create a positive impact in the world.”

Ngozi Nwanji

Mar 22, 2022

HBCU Buzz Founder Luke Lawal Jr. Unveils His First Cryptocurrency, $HBCU Coin

A new cryptocurrency made with HBCUs in mind is officially here. As an HBCU alum himself, the founder of HBCU Buzz, Luke Lawal Jr., has announced his own social token, $HBCU, via Rally, a network that enables creators to launch their very own cryptocurrencies. Thanks to their “social tokens,” fans are able to reap the benefits of unreleased content and merchandise while creators, on the flip end, are able to unlock forms of revenue. “$HBCU coin will allow students to gain knowledge about the crypto industry, while potentially building shared value with $HBCU holders allowing alumni and supporters the opportunity to continue their support for and connection to Black colleges, beyond graduation,” said Lawal in a news release shared with AfroTech. “The goal is to create an online campus experience for students and give them exclusivity to: purchase limited merchandise and receive free giveaways, access events like homecoming, take online courses on the crypto industry and more,...

Shanique Yates

Mar 14, 2022