CRYPTOCURRENCY

Iggy Azalea Crypto War Continues As She Clowns Hulk Hogan By Using Her Body Against Him

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Iggy Azalea has been diving into the world of cryptocurrency over the past couple of weeks. Overall, she has done this with the creation of her very own meme coin on the platform Solana. Her new project is called $MOTHER and it is meant to be a way for her to engage with fans. Moreover, it is also a way to make some money. By constantly promoting the coin, Iggy has fans investing in it, which subsequently increases the value of the crypto. Say what you will about this tactic, but it has certainly worked for some artists.

In fact, it seems like Iggy has some competition. Recently, Hulk Hogan took to Twitter and called her out, saying “You suck at pumping. $HULK has the real milk.” Iggy Azalea then took to the platform and clapped back at Hogan with a photoshopped image of his head over hers. The photo itself is a screengrab from a video of her twerking, which was previously used as a promotion for her coin. As for Hulk Hogan, well, he claims he was hacked, and has since distanced himself from the tweets.

Read More: Iggy Azalea Flexes Her Tattoo Sleeve With Latest Batch Of Lingerie Thirst Traps

Iggy Azalea Continues To Push $MOTHER

Interestingly enough, $MOTHER currently has a market cap of $200 million and has gone up 1,200% since she created it. This has ultimately made a lot of people rich and very happy. With cryptocurrency poised for a big year, it seems like Azalea may have gotten in at the perfect time. However, only time will tell what happens to her new coin. These things tend to dump quickly, although in today’s market, no one actually knows for sure.

Let us know what you think about Iggy Azalea and her foray into cryptocurrency, in the comments section down below. How do you feel about cryptocurrency in general? Do you feel as though it is the future of the monetary system, or do you see it as one large pyramid scheme? Additionally, stay tuned to HNHH for the latest news and updates from around the music world. We will continue to keep you informed on all of your favorite artists and their upcoming projects.

Read More: Iggy Azalea Loves Lying To Men According To Her Latest Curvacious Snaps

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A Cryptocurrency Misunderstanding Had People Thinking Iggy Azalea Dissed SZA Out Of Nowhere, But Azalea Explained

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The Drake and Kendrick Lamar feud has mostly died down at this point, but generally speaking, there’s a ton of beef in music. For a second, it looked like Iggy Azalea was about to enter the fray and square up against SZA. It turned out the whole thing was just a misunderstanding, though, as Azalea explained.

On May 27, Azalea tweeted, “Who’s solana…? I don’t know that b*tch.” SZA’s full legal name is Solána Imani Rowe, so some thought Azalea was dissing SZA. But, in response to a user who wrote, “That’s @sza mother,” Azalea replied, “Girl im talking about crypto.” She added, “And I love sza too! not about to have Stan Twitter rope her into crypto sh*t hahaha lmaooo.”

As for what Azalea was talking about: Solana is a blockchain platform and the name of its native cryptocurrency, SOL.

Meanwhile, SZA recently vented about how she’s perceived, saying, “The only reason I’m defined as an R&B artist is because I’m Black. It’s almost a little reductive because it doesn’t allow space to be anything else or try anything else. Justin Bieber is not considered an R&B artist; he is a pop artist who makes R&B, folk music, or whatever his heart desires. I simply just want to be allowed the same opportunity to make whatever I want without a label, [without it being] based on the color of my skin, or the crew that I run with, or the beats that I choose. I want ‘F2F’ to be seen as what it is. I want ‘Nobody Gets Me’ to be seen as what it is. I want ‘Kill Bill’ to be seen as what it is.”

Rich The Kid Reveals He Is Starting A New Cryptocurrency

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Rich The Kid is an artist who is going through a bit of a renaissance right now. Overall, this is mostly due to his inclusion on the Kanye West track “Carnival.” It has subsequently led to renewed interest in his music. In fact, RTK came through with a couple of new songs last Friday, which certainly helped get fans reinvested in the Rich The Kid ethos. An album should be coming soon, and fans are definitely excited. Although as it turns out, he also has some unique new projects on the horizon.

We know this because earlier today, Rich took to his Twitter account to speak on a recent situation that happened on his Twitter account. As he notes, someone hacked him and promoted a cryptocurrency scheme. The scammer drained the funs and scammed fans out of a whole bunch of money. However, to make up for this, Rich The Kid claims that he has a token that will be coming out soon. In fact, he claims that the token will “go the moon,” which is crypto slang for make a lot of money.

Read More: Kanye West Hints Quavo & Rich The Kid Collab Is On The Way

Rich The Kid Coin

There is no timetable for the crypto’s release. Moreover, it is unknown what the logo will be or what the ticker symbol will be. 2024 has seen a crypto renaissance of sorts, which makes sense given the halving took place a few months ago. With that being said, you can expect more artists to get into the crypto game over the coming months.

Let us know what you think of this move from Rich The Kid, in the comments section down below. Do you believe that it makes sense for artists to turn themselves into cryptocurrency? Do you see any sort of use case for something like this? Additionally, stay tuned to HNHH for the latest news and updates from around the music world. We will continue to keep you informed on all of your favorite artists and other upcoming projects.

Read More: Ye Links Up With Yung Lean And Rich The Kid

The post Rich The Kid Reveals He Is Starting A New Cryptocurrency appeared first on HotNewHipHop.

Cristiano Ronaldo Hit With $1B Lawsuit For Promoting Binance NFTs

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Cristiano Ronaldo has been named in a $1 billion class-action lawsuit filed against the soccer star over his role in promoting NFTs for the embattled Binance cryptocurrency platform. The lawsuit, filed in Florida, claims that Ronaldo’s promotion of Binance was “deceptive and unlawful” and led people to make costly and unsafe investments. Ronaldo is just the latest celebrity to be sued over their endorsement of NFTs.

“Evidence now reveals that Binance’s fraud was only able to reach such heights through the offer and sale of unregistered securities, with the willing help and assistance of some of the wealthiest, powerful and recognized organizations and celebrities across the globe — just like Defendant Ronaldo,” the suit reads. Binance is currently under federal investigation for a litany of charges. In short, a years-long DoJ investigation has found that Binance and its top execs willfully ignored US law will knowingly allowing “bad actors” to use the crypto exchange. Charges include money laundering, operating an unlicensed money-transmitting business, and ignoring US sanctions.

Read More: IShowSpeed Goes After Cristiano Ronaldo Haters

Cristiano Ronaldo Could Be Lashed If He Returns To Iran

However, this is not the first legal trouble that Ronaldo has found himself in this year. In October, Ronaldo was reportedly sentenced to 99 lashings in Iran over adultery charges. Ronaldo was Iran in September for an Asian Champions League match. While there, he was seen hugging Iranian painter Fatima Hamimi after she gifted him two paintings. According to Iranian law, it is a criminal offense to touch another woman while in a relationship. However, some outlets have noted that he could be pardoned if he expresses remorse for his actions.

Despite this, Ronaldo is not currently scheduled to play in Iran for the rest of the season. However, the possibility does remain. Two Iranian teams can still qualify for the knockout rounds of the AFC Champions League. If Al-Nassr was to draw either Sepahan or Persepolis, they would have to play a game in Iran. That could lead to an uncomfortable standoff over Ronaldo’s past transgressions.

Read More: IShowSpeed Cries And Ends Stream After Falling For Cristiano Ronaldo Death Hoax

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Logan Paul Apologizes For CryptoZoo Failure, Plans To Give Out Refunds

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In 2021, Logan Paul officially launched his NFT-game, CryptoZoo. It’s “an autonomous ecosystem that allows ZooKeepers to buy, sell, and trade exotic animals and hybrids. CryptoZoo incorporates cryptocurrency and Non Fungible Tokens (NFTs) into a simple, fun game with familiar mechanics.” Of course, this is according to a since-deleted description on its official site.

Paul is responsible for selling images of animal NFTs within the game. He’s also responsible for subsequently telling players that they’d be able to hatch them and breed the animals. In doing so, they’d be able to win coins in a cryptocurrency called $ZOO.

Logan Paul looks on during a press conference at Madison Square Garden on July 12, 2022 in New York City. (Photo by Mike Stobe/Getty Images)

However, later in 2021, YouTuber Coffeezilla put out a docu-series on his channel as an attempt to expose the game as non-functional. After making millions through the sales of NFTs within CryptoZoo, it seemed as though the podcaster had abandoned the project completely. This is because he seemed to have stopped mentioning it. As a result, many were left to believe it was a scam.

After facing public criticism for CryptoZoo ever since, the new WWE wrestler is finally addressing the situation. He does so in a video posted to his Twitter account on Friday (January 13). He begins by denouncing his attitude towards Coffeezilla’s accusations and denies scamming anyone through the game.

“That’s what I’d do if I was him; milk the sh*t out of this. He’s probably going to, he’s good, he’s very good. The more he says and the more he continues to spread this misinformation that this was any sort of con or scam, the more I have for the lawsuit that I am filing,” he initially said in response on an episode of his podcast, Impaulsive.

In his new update, however, he goes on to detail his plans to give back $1.3 million in rewards. This will go to players who ultimately feel disappointment in the game. “Step 1, Jeff and I are going to burn our ZooTokens, so we have no financial upside in the game and it will add value to holder tokens. Step 2, we want to offer a rewards program for players who are disappointed in the status of the game, so essentially, you’re gonna be able to burn your base egg or your base animal for the mint price, which was 0.1ETH or the equivalent in BNB,” says the 27-year-old.

“I am personally committing 1,000 ETH to this, which is about $1.3 million right now, for players who want to get out. Step 3, obviously finish and deliver the game, as outlined in the white paper by completing the egg bridge from ETH to BSC for base animals and base eggs, completing the marketplace and obviously, completing the release your animals into the wild, to accrue your yield function,” he continues afterwards.

Paul says there is currently an internal investigation going on. He plans to pursue legal action against “whomever needs to be held accountable.” It will certainly be interesting to hear the findings.

What are your thoughts on the whole CryptoZoo failure? Comment down below. Finally, make sure to stay tuned to HNHH for all of the latest pop culture news and updates.

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The Winklevoss Twins Laid Off Dozens Of Staff At Their Crypto Company, But That Hasn’t Stopped Them From Touring With Their Much-Mocked Cover Band

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The cryptocurrency market is not doing so hot right now, with prices plummeting so low that people are once again remembering that notorious Matt Damon Super Bowl crypto ad. It’s gotten so bad that Gemini, the exchange company run by Cameron and Tyler Winklevoss — aka the Winklevii, made famous by their lawsuit against Mark Zuckerberg and portrayal in the film The Social Network — had to law off 10 percent of their staff. But that hasn’t stopped them from touring with their much-mocked cover band.

In a new report by The Daily Beast, current and former Gemini employees spilled the dirt on the company’s attempts to deal with the floundering crypto market, as well as multiple lawsuits. They’ve responded in two ways: with layoffs and by putting more weight on Mars Junction, their touring cover band in which they do renditions of “Don’t Stop Believin’” and The Red Hot Chili Peppers’ “Suck My Kiss.”

The twins have gone so far as to remove references to crypto from their Twitter bios and replaced a link to Gemini with one for Mars Junction, which is described on their Twitter bio as a “hard-hitting rock band.”

“They laid off 10 percent of their staff,” one former staffer told The Daily Beast, “and then they went on tour with their rock band.”

The Winklevii launched Gemini in 2014, in the early days of the cryptocurrency craze, when bitcoin was only worth a few hundred dollars. Today, one current employee describes it as a “sinking ship.” Meanwhile, Mars Junction spent Saturday night playing in Brooklyn.

(Via The Daily Beast)