Thursday, July 2

Music Video Director for Pop Superstars Dives Into Crypto Trading – Cointelegraph

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Joseph Kahn, a music video director who has worked for the world’s leading pop stars for over two decades, has announced that trading crypto assets is his new favorite hobby.

After claiming to have spent the past month trading cryptocurrency, Kahn purports a profit of roughly $450 

On June 1, Kahn took to Twitter announcing that he has spent the last month trading crypto assets. A screenshot shows Kahn’s portfolio to be valued at $7,949, with the hobbyist trader claiming to have gained 6% since investing $7,500 one month ago.

Kahn claims to have mostly “cashed out” at present, with roughly half of his portfolio currently tied to open orders for Bitcoin (BTC) and Ether (ETH) at lower price levels.

“If anyone has any ideas on crypto I’m open,” Kahn added to the Twitter thread.

Pop Stars Associated With Crypto

Since launching a production company, SuperMega Media, in 1999, Kahn has worked with many of the biggest stars in popular music, including Lady Gaga, 50 Cent, Eminem, Taylor Swift, and many others — several of whom have found momentary fame within the crypto industry. 

In December 2019, a Monero (XMR) mining botnet hidden behind JPEG images of Taylor Swift was discovered. At the time, the botnet in question, MyKings, had taken in $3 million worth of XMR through a wide variety of attacks targeting Windows systems.

When Eminem released his tenth album “Kamikaze” in August 2018, cryptocurrency news outlets noted that the record’s ninth track “Not Alike” featured a shout out to Bitcoin — indicating the prominence crypto had gained in mainstream culture following the 2017 all-time high bull run:

“Remember everybody used to bite Nickel, now everybody doing Bitcoin.”

50 Cent claims to make millions from Bitcoin, files for bankruptcy

In 2014, Curtis ‘50 Cent’ Jackson accepted Bitcoin as payment for his fifth studio album ‘Animal Ambition’. The rapper sold nearly 80,000 copies of the album for $5.50 each in BTC — garnering roughly 700 Bitcoins.

In January 2018, 50 Cent claimed to have forgotten about his Bitcoin stash, following media estimates that his ambitious bounty had come to be valued at over $7 million. However, the following month, Jackson asserted that he had never owned any Bitcoin in bankruptcy court.

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