50 Cent first to sell music album for Bitcoins

07:04 PM | 24 Jan, 2018

NEW YORK – American rapper Curtis James Jackson III, popular as 50 Cent, has reportedly become the first singer to sell his music album for Bitcoins.

The 42-years old musician accepted payment in Bitcoin in 2014 when he had released Animal Ambition, and made about 700 Bitcoins in sales from the album.

He has not cashed in the cryptocurrency, which was going for around $662 per Bitcoin back and is now valued at $10,000 to $12,000 per unit.

This means that he turned $400,000 (from the album money) into $7-8 million through Bitcoin exchange, according to TMZ.

The rap album, Animal Ambition, was the first to be made available via Bitcoin.

Nozair Hanif Mirza

The writer is a member of the staff. He can be accessed on Twitter @iamnozair

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Forex

Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency	Symbol	Buying	Selling
US Dollar	USD	277.4	280.35
Euro	EUR	297	299.5
UK Pound Sterling	GBP	348.5	352
U.A.E Dirham	AED	75.25	76
Saudi Riyal	SAR	73.5	74.25
Australian Dollar	AUD	181	183
Bahrain Dinar	BHD	747.77	755.77
Canadian Dollar	CAD	203	205
China Yuan	CNY	38.49	38.89
Danish Krone	DKK	40.25	40.65
Hong Kong Dollar	HKD	35.96	36.31
Indian Rupee	INR	3.33	3.44
Japanese Yen	JPY	1.91	1.99
Kuwaiti Dinar	KWD	913.28	922.28
Malaysian Ringgit	MYR	58.69	59.29
New Zealand Dollar	NZD	169.45	171.45
Norwegians Krone	NOK	25.67	25.97
Omani Riyal	OMR	730.59	738.59
Qatari Riyal	QAR	76.41	77.11
Singapore Dollar	SGD	203	205
Swedish Korona	SEK	25.67	25.97
Swiss Franc	CHF	309.01	311.51
Thai Bhat	THB	7.57	7.72

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