More Money More Problems

More Money More Problems

50 Cent’s New Album Available for Bitcoin Puchase

Screen Shot 2014-06-03 at 3.56.46 PM

As politicians and businessmen are getting on board with digital currencies, 50 Cent has hopped on the bitcoin bandwagon. The rapper’s new album Animal Ambition, along with his other merch, is now purchasable through BitPay, allowing consumers to use cryptocurrency to get 50’s latest.

“The bitcoin community represents his target demographic — young men between the ages of 18 and 30,” Stephanie Wargo, VP of Marketing at BitPay, told Betabeat, “The bitcoin community is also an untapped market ready to spend their money. Accepting bitcoin is a great business decision for a popular and independent hip-hop artist such as 50 Cent.” Read More

More Money More Problems

Bespoke App for Your Night iPhone Path Reportedly Gearing Up to Raise Big Bucks

Path founder and CEO, David Morin

Rumor has it that Path is about to score some fresh cash.

David Morin’s exclusive social networking app—the secret club that you may or may not want to be a part of—is reportedly preparing for a new round of fundraising that would put its total valuation at around $1 billion, says TechCrunch. The custom-designed, one-of-a-kind app for your night iPhone is reportedly looking to raise between $75 and $100 million from investors. Read More