Akon Launching his own Crypto–Akoin

The singer thinks “crypto could be the savior for Africa”

Akon is the latest artist to dive into the cryptocurrency market after launching his own digital currency.

Titled ‘Akoin’, the cryptocurrency is set to aid the singer’s Lighting Africa initiative – a project that aims to improve Africa’s living conditions through the use of renewable energy.

Speaking at a panel during Cannes Lions 2018, the Senegal-raised artist said: “I think that blockchain and crypto could be the savior for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilize it in ways where they can advance themselves and not allow government to do those things that are keeping them down.”

He added that as part of the venture, he plans to create a “100 percent crypto-based city” on 2,000 acres of land. The Akoin website states that “this futuristic city already in development, beginning with 2,000 acres of land gifted to Akon from the President of Senegal, is within 5 minutes of the new international airport, close to the coast and a short drive from Dakar, the capital city of Senegal (Akon’s homeland)

Ref: https://www.nme.com/news/music/akon-announces-cryptocurrency-akoin-2341522

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TINA TURNER FIRSTBORN SON DEAD … COMMITS SUICIDE

Tina Turner‘s oldest son has committed suicide … TMZ has learned.

Law enforcement sources tell TMZ … Craig Raymond Turner died of a self-inflicted gunshot wound at his home in Studio City, CA. Authorities arrived at his place just after noon Tuesday and he was pronounced dead at the scene.

Craig was born when Tina was 18 … before she married Ike Turner. Once Tina and Ike wed, Ike adopted Craig. His biological father was a saxophonist named Raymond Hill, who performed with Ike’s band.

The sad news of his death comes as Tina is making a rare trip outside her new home country of Switzerland to attend Paris Fashion Week events.

Craig was in the real estate business in the San Fernando Valley. He was 59.

RIP

 

 

http://www.tmz.com/2018/07/03/tina-turner-son-craig-turner-dead-suicide-gunshot-wound/?adid=hero1

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Judge discharges bankruptcy after 50 Cent pays $22 million

HARTFORD, Conn. — A federal judge has discharged rapper 50 Cent’s bankruptcy case after he paid more than $22 million.
Bankruptcy Judge Ann Nevins approved the discharge Thursday in Hartford, Connecticut.
The rapper who burst onto the music scene in 2003 with his debut album, “Get Rich or Die Tryin,” filed for Chapter 11 reorganization in 2015, citing debts of $36 million and assets of less than $20 million.
Nevins approved a plan in July calling for 50 Cent, whose real name is Curtis Jackson III, to pay back about $23 million.
Jackson’s lawyers said Thursday that he paid off the five-year plan early with $8.7 million of his own money and $13.65 million he received in a recent settlement of a legal malpractice lawsuit against other attorneys.
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