New Hip Hop News

The cryptocurrency business is proving incredibly lucrative, and a new report from Yahoo Sports confirmed that Kevin Durant is the latest investor to score big on the crypto front. On Wednesday, April 14th, the digital currency exchange Coinbase went public, with stock prices reaching heights of $328 — a number that led to a valuation of $86 billion.

Given that Kevin Durant’s Thirty Five Ventures investment company previously invested in Coinbase, with his projected contribution estimated to be between $250,000 and $1 million range, with Yahoo basing the estimate on his previous investment patterns. Either way, Durant’s early faith in Coinbase is looking to be quite well-founded, and the basketball star is currently reaping the benefits of his foresight. Though the exact number of his takeaway remains unclear, Yahoo notes that were he to have invested $250,000 in 2017, his stake would currently be worth $13.5 million.

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It didn’t take long for word of KD’s latest money move to spread, and 50 Cent took a moment to celebrate Durant’s accomplishment. Though generally using his platform to engage in mischief and villainy, Fif found himself moved by Kevin Durant’s business acumen, taking to Instagram to offer a few words of encouragement. 

“86 what! BILLION, KD up like a mother fucker,” captions Fif. “I love to see my people win!” It should be noted that Coinbase’s valuation was projected as eighty-six billion, not specific to Durant’s piece of the pie. Either way, the sentiment remains the same.  

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As it happens, Durant isn’t the only public figure to win big investing in Coinbase. Nas and his Queensbridge Venture Partners company also invested in Coinbase, with their contribution being an approximated twenty-five million dollars; now, experts project that Nas could be seeing anywhere between $34.76 million and $173.8 million in profits. Congratulations to both him and Kevin Durant for showcasing sharp business acumen, leading by example as they invest in rising developments. 

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Rappers Saweetie and Quavo officially broke up a few weeks ago, taking their dirty laundry to social media in a messy split. Saweetie called out her ex-boyfriend, accusing Quavo of cheating on her with multiple women. That commenced a back-and-forth duel on Twitter with both sides getting equally petty. In recent weeks, Quavo has been throwing some major shade at Saweetie with a few different new music previews, subliminally dissing the Icy Grl. There was also a video released showing a physical altercation between the two rappers in an elevator, which was reportedly taken during their relationship. Saweetie seems to have finally taken her latest shot in response to all the drama.

Posting a brand new promotional video for her sunglasses collaboration with Quay Australia, the rapper corrected her fans on the pronunciation of the brand’s name. While many have incorrectly pronounced Quay over time, Saweetie issued a public service announcement to ensure that she isn’t constantly reminded of her ex.

Throwing on her Quay sunglasses, Saweetie interacted with a high-tech futuristic mirror that spoke to her. “Hello, I love those Quay glasses on you, Saweetie,” said the robot mirror, mispronouncing the brand as “Kway,” which is the same way Quavo’s name sounds. “Kway? Girl, this is Quay,” said the rapper, correcting the mirror and using the correct pronunciation as “Key.” 

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Many have caught onto the shade being thrown here, commenting that the 27-year-old artist isn’t that slick. People seem to appreciate that she can take shade and throw it right back though.

Watch the video below.

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Early last month, sources close to Jennifer Lopez and Alex Rodriguez had speculated that the fan-favorite couple was calling it quits and walking away from both their four-year relationship and two-year engagement. At the time, a reason for their split had not been revealed, and neither J-Lo nor A-Rod had publicly commented on the allegedly dour status of their relationship. 

A few days later, the two quelled the breakup rumors through Instagram posts and interviews with TMZ, leading many to believe that they were still together. As time progressed, however, J-Lo was spotted vibing out to Drake music in the Dominican Republic without A-Rod’s company, and she was also seen not wearing her engagement ring, leading many to believe that there may still be trouble in paradise for Jennifer and Alex. Now, TMZ reports that fans may have been right to speculate.

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According to TMZ, Jennifer Lopez and Alex Rodriguez have decided to publicly comment on the state of their relationship. In a joint statement given to People, the couple has confirmed that they have officially called it quits.

“We have realized we are better as friends and look forward to remaining so,” their joint statement reads. “We will continue to work together and support each other on our shared businesses and projects. We wish the best for each other and one another’s children. Out of respect for them, the only other comment we have to say is thank you to everyone who has sent kind words and support”

With the arrival of their new statement, it appears that Jennifer Lopez and Alex Rodriguez’s four-year relationship and two-year engagement are now things of the past. Stay tuned to see what both stars will do next.

Kim Potter, the 26-year veteran who allegedly mistook her gun for her taser and fatally shot Daunte Wright in Brooklyn Center, Minnesota, has officially been released from jail after posting a $100K bond. She was charged with second-degree manslaughter on Wednesday. 

Hennepin Country jail records reportedly show that Kim Potter was released after posting bond, which people have been reacting to on social media. Many are outraged about the ex-officer’s release. Large-scale protests have taken place in Minnesota for the last three consecutive nights after Wright was killed just over ten miles from where George Floyd was murdered. 

Potter’s charges carry a maximum sentence of ten years if she’s proven guilty. She will also face a fine of $20,000 according to Minnesota law. 

Hennepin County Sheriff’s Office via Getty Images

Potter formally resigned from her post on the police force on Tuesday, stating that she believed it was in the best interest of the community to do so. Brooklyn Center police chief Tim Gannon also submitted his resignation. 

Daunte Wright’s family has broken their silence on the death of their 20-year-old loved one, with his mother and father both making public appearances to demand justice. Daunte’s aunt also spoke at a press conference with prominent civil rights attorney Benjamin Crump, revealing the family’s surprising connection to George Floyd.

We will continue to keep you updated on this story as it develops. What do you think of Kim Potter being released from jail?

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