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Who will get Kim Kardashian’s Bitcoin in the event of her divorce?

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One of the most high-profile stories in terms of American celebrities in recent weeks has been the news that Kim Kardashian and Kanye West, one of the most famous couples in the world, are apparently headed towards a divorce. This has been in the offing for quite some time, with various signs showing that the couple may not be living in marital bliss anymore after around six years of marriage, and this is likely to be a story that many in the USA and the rest of the world will continue to follow as it develops in 2021. However, oddly enough, there is something here which has garnered the interest of some in the world of finance, specifically in cryptocurrencies as well, due to the Bitcoin that Kim Kardashian owns.

 

Cryptocurrencies have been growing in popularity over the last 12 months or so like never before, with the likes of Bitcoin and Ethereum seeing their prices increase multiple times. In general, the use of blockchain to underpin crypto transactions has been a big reason for its attractiveness, since that makes transactions rapid, safe and anonymous. Many celebrities have been showing interest in crypto during this time as well, and the price that Bitcoin has reached probably makes it accessible, at least if you want to own a full token, only to the rich and famous. However, many industries and businesses are also working on ways to integrate cryptocurrencies into their operations, and the world of online gambilng has been leading this effort. New crypto casinos offer bitcoin gambling, for those interested to have a look, and can allow users a list of new crypto slot games. Thus, Bitcoin and other crypto tokens have seen a lot of interest from businesses, the general public and celebrities, and therefore the question of ownership for Kardashian’s tokens is an interesting one.

 

In 2018, Kardashian was given 1 BTC by Matthew Rozak, the chairman and co-founder of the blockchain firm Bloq, and a founding partner of Tally Capital, as a gift. That token, which would have been worth around $8,000 at the time, is now around $37,000 in value, and even though those numbers are a pittance compared to Kardashian’s overall income and net worth, there are unlikely to be any assets she owns that have almost quintupled in value in around 18 months. Thus, it is likely that this is going to be a valuable asset which will come up during the divorce proceedings, as to its ownership.

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The couple apparently do have a prenuptial agreement to help settle the ownership of assets in the event of a divorce, but it is unknown if it covers digital assets and crypto. According to California state law, the token would be treated as a Community Property, and therefore would be split equally between both of them, since it was acquired after the marriage. Of course, this assumes that Kardashian does not own any more Bitcoin. If she did, they could form a part of the dispute as well, with Kanye West well within his rights to demand proof of ownership and value, even with private keys being needed to be delivered if a court asks for them. On the other hand, West has been on record talking about the benefits of Bitcoin, so it is possible that he owns some as well. Thus, the couple’s potential ownership of Bitcoin, by either one of them, could be an interesting side-plot in their wider divorce proceedings, which is why this has also picked attention among those in the fintech and crypto space. 

 

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DJ Khaled Presents The First-Ever We The Best Foundation Golf Classic on Thursday July 20 in Miami Beach

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Hitting the fairway for a very good cause, GRAMMY® Award-winning, global megastar DJ Khaled excitedly presents the inaugural WE THE BEST FOUNDATION GOLF CLASSIC on Thursday July 20 in Miami, FL sponsored by Jordan brand. The perennial hitmaker will be joined by an A-list cohort of players, teeing off to support various charitable initiatives for a great cause. The proceeds will benefit the We The Best Foundation and their various endeavors in education, the arts, and so much more. This inaugural tournament will be an experience like no one other.

About the event, Khaled commented, “Just to be out on the golf course with close friends and family of mine is a blessing. Giving back makes it even better. I can’t wait to see you all at the first-ever WE THE BEST FOUNDATION GOLF CLASSIC. We’re starting something very special here while introducing the sport of golf to a wider community.”

The festivities commence on Wednesday July 19 when Khaled welcomes sponsors and guests.  Bright and early on the following morning July 20, registration and breakfast commence at 8am with celebrity intros at 9am. The tournament kicks off at 9:30am sharp followed by awards at 2:30pm.

 

For over two decades, the very mention of DJ Khaled has implied an elevated level of musical greatness, entrepreneurial excellence, and cultural impact. You’ve heard him across a GRAMMY® Award-winning multiplatinum catalog, seen him in blockbusters such as Bad Boys For Life, caught him on the cover of Rolling Stone, watched him on numerous television programs, and felt his presence from the streets all the way up to the Barack Obama White House. He has achieved dozens of multiplatinum and gold certifications, including the 9x multi-platinum Billboard Hot 100 #1 “I’m The One” [feat. Justin Bieber, Quavo, Chance the Rapper, & Lil Wayne], 6x multi-platinum “Wild Thoughts” [feat. Rihanna & Bryson Tiller], double platinum “No Brainer” [feat. Justin Bieber, Chance the Rapper, & Quavo]. His 2019 album, Father of Asahd [We The Best Music Group/Epic Records], to the top of the charts. Not only did it garner a platinum certification, but it also became his third consecutive Top 2 debut on the Billboard Top 200 and emerged as the “#1 Most-Streamed Record” upon release. To date, he has moved over 20 million singles and 6 million albums in addition to gathering 4 billion-plus streams. The latter propelled his 2021 album, Khaled Khaled which boasts the 3x multi-platinum anthem “Every Chance That I Get” [feat. Lil Baby & Lil Durk].

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Not to mention, he launched We The Best Music Group—a record label, management, publishing, and production company and in-demand studio. As a committed philanthropist, he founded his 501(c)3 organization The We The Best Foundation. It uplifts individuals throughout underserved communities across the United States and supports various non-profits. He has supported the fight against COVID-19., U2 frontman Bono recruited him as the first social media ambassador for Project Red, and he serves as the national spokesperson for Get Schooled. Now, the power of this legacy defines his thirteenth full-length album—which bears the name—God Did, making it his fourth number #1 album to debut on the Billboard Top 200 chart. With a newly minted star on the Hollywood Walk of Fame, DJ Khaled continues to soar and inspire. GOD DID!

We The Best Foundation is a 501c3 organization dedicated to enriching the lives of the next generation – from childhood to adulthood. We support non-profit organizations and individuals in underserved communities in efforts that aid them towards becoming the best version of themselves. To learn more or donate, visit www.WeTheBestFoundation.org

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Tupac’s sister Sekyiwa ‘Set’ Shakur cries during his posthumous Hollywood Walk Of Fame ceremony

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Tupac Shakur’s sister, Sekyiwa ‘Set’ Shakur got emotional during his posthumous Hollywood Walk of Fame ceremony. (more…)

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Tupac Shakur receives posthumous star on Hollywood Walk of Fame

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Tupac Finally Honored With Star On Hollywood Walk Of Fame

Tupac Shakur, the renowned hip-hop star, actor, and poet, was posthumously awarded a star on the Hollywood Walk of Fame on Wednesday. (more…)

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Africa Rising Music Conference 2023: Empowering Female-led Event Unites Global Music Industry in Johannesburg

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Africa Rising Music Conference 2023: Empowering Female-led Event Unites Global Music Industry in Johannesburg

The 2023 edition of Africa Rising Music Conference (ARMC) was a success, with hundreds of artists, fans, and industry professionals converging at the Hallmark House Hotel in Johannesburg, South Africa, on 23 and 24 May.

The conference received high praise from delegates who said the women-led event was a much-needed platform that would help bridge the gap between Africa and the rest of the world.

This year, the convention shone a spotlight on Zambia and Germany and featured local influential industry players including Paradise WorldworldNational Arts Council (NAC), Music In Africa Foundation (MIAF), the South African Music Performance Rights Association (SAMPRA), Basadi In Music Awards and Trace South Africa. Also featured at the conference was a delegation of Germany-based music professionals comprising Re.Decay music producer and label owner Owen Ross, GROOVE magazine representative Alexis Waltz, WOMEX/Piranha Arts head of communications Gaurav Narula, creative Maureen ‘Mo’ Mutheu, WISE founder Philipp Geffer, Stil vor Talent co-founder and CEO Slawjana Ulrich, seed investor and entrepreneur representative Peer-Uli May, MA Music Academy Berlin managing director Karin Mueller, and AFEM events and communications manager Thilini Jayawickrama.

Plenary sessions and workshops

Over the two days, the delegates – some of whom traveled from Spain, UK and Botswana – shared ideas on different perspectives on how to improve the music industry. Plenary sessions were held to spur conversations on the urgent issues facing the industry, and new avenues for opportunities were examined.

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A panel on The Power of Music Conferences in Driving Regional Music Industries featured Music In Africa Foundation projects officer Claire Metais who used the annual ACCES conference to highlight the important role played by such gatherings.

“We had an interesting chat about the development of more similar platforms across the continent,” Metais said. “As Music In Africa, we were honored to participate in Africa Rising Music Conference because of the benefits it brings to the music industry.”

Another insightful discussion on the evolving role of a manager in today’s fast-paced and constantly changing music business landscape was covered under the topic Artist-Manager Collaboration: Key to Music Industry Success. International Music Managers Forum director of innovation and education Jake Beaumont-Nesbitt, who was on the panel, said: “Speaking with young managers from Zambia and South Africa, we learned how they are building brands for their artists and reinventing the business model to drive exciting new revenue streams.”

Other notable speakers at the conference included Shiba Melissa Mazaza (Mount Makeda/SA), Choolwe Chibomba (TIMEDIA/Zambia), Ralph Boege (Paradise Worldwide/SA), Mangaliso Mthembu (Ncube Incorporated Attorneys/SA), Sebastian Spring (MINT/Germany), Namakau Star (Paradise Worldwide/SA), Tamara Dey (artist/SA), Bwalia Nkumbula (Zed Arts Records Ltd/Zambia) and Pfanani Lishivha (SAMPRA/SA), among other influential industry names.

A series of Pioneer DJ workshops also took place, where participants learned how to deejay on the spot by experts. Additionally, aspiring DJs were taught how to improve their revenue opportunities during the two-day workshop, which was held in partnership with Bridges for Music.

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Showcases

Through the showcases, South African and Zambian artists managed to establish relationships with an eye towards collaborations and international deals.

Among the acts that performed were Bholoja (Swaziland), Aka Kelzz (Germany), Venior (Finland), The Planetoids (Germany), Namakau Star (SA), Natasha Chansa (Zambia) and Yolophonik (SA). Others are South African amapiano artist Boohle, who was joined by local electronic acts Deep Aztec, Chronicle Deep, Black Villain, Rose Bonica and DJ Kmat, as well as El Mukuka (Zambia), ALBI X (Germany) and Megatronic (UK/UAE).

Megatronic said: “ARMC was an incredible and very beautiful experience. I am feeling very privileged and lucky to witness this level of original talent.”

Founded in 2018 by female creatives SJ Nicholson, Sharon Ramoshaba, DJ La Vita, Jules Spielmann and Namakau Star, this year’s edition continued its mission of empowering and creating bridges between creative artists and music executives so they can successfully move into the international space while offering valuable insights and connections to international stakeholders who are interested in working and understanding the African market.

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“We had a delegation of over 20 international executives and artists from Europe,” Nicholson said. “ARMC has once again proved building bridges is possible when uniting communities and cultures. The Berlin Music Commission and the Music Board made this international interaction possible by bringing over artists and delegates from Germany. From an African perspective, we hosted the Zambian delegation for the very first time and 10 Zambian executives travelled here to talk about the state of their music economy and to establish new connections.”

Namakau Star added: “The energy and space at this year’s ARMC was amped-up and super warm. It was great seeing industry professionals coming together, we received a lot of great responses. There was a lot of learning and so many people felt represented.” Additionally, the delegates visited Soweto to learn about opportunities and barriers faced by local artists.

At the prestigious Marabi Club, the Africa Rising Music Conference concluded with a remarkable grand finale. Attendees came together to support the Bridges for Music Academy, raising an impressive sum of 300,000 Rand. Esteemed musician Zakes Bantwini, an early supporter of ARMC, graced the evening, signifying a full-circle moment. These funds will contribute to the growth and development of the Bridges for Music Academy, fostering the next generation of musical talent.

The Africa Rising Music Conference 2023 embodied the spirit of unity, collaboration, and empowerment within the global music industry. With its successful conclusion, the conference has once again proven that building bridges is possible when communities and cultures come together.

Save the Date for ARMC 24: May 28th and 29th, 2024

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Mark your calendars! The highly anticipated ARMC 24 is set to take place on May 28th and 29th, 2024, promising another remarkable gathering of industry professionals, artists, and fans.

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Shawn Mendes and Camila Cabello have reportedly split for a second time

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Shawn Mendes and Camila Cabello have reportedly called it quits for a second time. (more…)

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Porn Star, Moriah Mills drops bombshell claims about sexual escapades with Basketball player Zion Williamson following pregnancy announcement with his girlfriend

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American Porn Star, Moriah Mills has called out American basketball player, Zion Williamson for impregnating another woman while using her for sex. 
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