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Tag: Khaled

DJ Khaled and Mayweather fined over cryptocurrencies

DJ Khaled and Mayweather fined over cryptocurrencies

Technology
Music producer DJ Khaled and boxer Floyd Mayweather Jr have settled charges in the US after they secretly received payments for promoting cryptocurrencies. According to the US Securities and Exchange Commission (SEC), the pair have been fined without admitting or denying the accusations.Mayweather failed to disclose that he had received promotional payments from three companies which had made Initial Coin Offerings (ICOs) - a controversial method of raising capital by creating coins or tokens using the blockchain technology which underpins Bitcoin.ICOs reference the initial public offering (IPO) of companies which list on publicly traded stock markets, but see companies issue digital coins tied to their own value instead of shares.Both men had taken part in the ICO by a com...
Wireless Festival: DJ Khaled pulls out due to 'travel issues'

Wireless Festival: DJ Khaled pulls out due to 'travel issues'

Entertainment
DJ Khaled has pulled out of his appearance at Wireless Festival due to "travel issues".He should have been headlining the third day of the show at Finsbury Park in London but cancelled just hours before he was due on stage.Fans had been asking questions after seeing a video of him in an Instagram post just hours before in an infinity pool on holiday in Mexico.Drake was drafted in as the surprise headliner on Sunday evening. BBC Radio 1 DJ Scott Mills tweeted: "I can hear @Drake from my house and it sounds incredible."DJ Khaled, who collaborated with Rihanna on Wild Thoughts, had been due to close the festival but posted pictures of himself nowhere near London.Just hours ago he shared a photo of him still on holiday. And ...