AMP
Binance US will delist AMP following SEC claim token is a security
United States-based crypto exchange Binance.US said it will be delisting the AMP token “out of an abundance of caution” of possible enforcement by federal regulators. In a Monday blog post, Binance.US said it will be closing deposits of Amp (AMP) and removing the AMP/USD trading pair on Aug. 15 following the token’s mention in a legal action from the U.S. Securities and Exchange Commission, or SEC. The federal regulator filed a complaint against a former Coinbase product manager and two individuals in July that claimed that AMP and eight other cryptocurrencies were “crypto asset securities” that fell under the SEC’s purview. “We believe that, in some circumstances, delisting an asset best protects our community from undue risk,” said Binance.US. “We operate in a rapidly evolvin...
AfroCentric Group Launches New Digital Wellness Platform
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Genesis Owusu’s ‘Smiling With No Teeth’ Wins Australian Music Prize
Genesis Owusu adds the 17th annual Australian Music Prize to their bulging collection. With their debut full-length LP Smiling With No Teeth (Ourness/AWAL), the hip-hop and funk oracle wins the Soundmerch AMP, awarded to the 2021 Australian album of the year. Along with the winner’s spoils, Owusu snares A$30,000 ($22,000) in cash, thanks to headline sponsor Soundmerch. Owusu accepted the prize via satellite from soundcheck at his sold-out show at Sydney’s Enmore Theatre. “This means a lot,” comments Owusu. “This is an award with a lot of esteem, not to mention putting real money back into music at a time like this is so crucial. I’m super grateful, and I’m keen to use this prize to help spread my art across the world, shouting out Australian talent on the way.” Explore See latest videos, c...
Nick Cave, Genesis Owusu, Hiatus Kaiyote Shortlisted for Australian Music Prize
Albums by Genesis Owusu, Nick Cave and Warren Ellis, King Gizzard & The Lizard Wizard, and Hiatus Kaiyote are among the nine finalists for the coveted Australian Music Prize, details for which were announced Wednesday morning (Feb. 2). The AMP, now in its 17th year, is inspired by Britain’s Mercury Music Prize and decided by a music industry panel, which is tasked with identifying Australia’s most important releases of the previous year. After reviewing over 460 eligible Australian albums, the AMP’s judges last December reduced the batch to a longlist of 110 titles. Explore See latest videos, charts and news See latest videos, charts and news The nine standouts, unveiled today, are judged on creative merit over mainstream popularity. They are: Amyl and The Sniffers’ Comfort to Me;...
Tame Impala, The Avalanches & More Shortlisted for Australian Music Prize
Organizers said its longlist of 85 titles was whittled down to the nine finalists, which represent a “wide and diverse pool of talent from right around the country.” The feedback “directly from artists who released albums in 2020 has been quite incredible; much praise for us being able to keep The AMP alive in a year that wasn’t alive in so many ways,” comments Scott Murphy, founder and director of the SoundMerch Australian Music Prize. “It could not have been done without the help of long term industry friends, especially APRA and the Mushroom Group, whose financial support remained intact for the 16th year.” The winner will receive a check for A$20,000 ($15,000) check, courtesy of merchandise specialist SoundMerch, and is typically announced during the month of March. Previou...
Rollercoaster: Bitcoiners who missed rally feel relief and regret
Arianna O’Dell, a 30-year-old entrepreneur and songwriter based in New York City, had a tumultuous four-year journey in cryptocurrency before selling her investments in February. During her rollercoaster ride, bitcoin prices swung from less than $1,000 to nearly $20,000. O’Dell may not have made optimal decisions about when to buy or sell, and missed out on the recent rally – but said she does not regret that. Investing $2,705 worth of proceeds into her business was better than enduring the stress of daily fluctuations, even though the price has since doubled, she said. “Honestly, I’ve had more luck in Vegas than I’ve had with cryptocurrencies,” O’Dell said in an interview. She is part of a relatively new class of retail investors who joined the cryptocurrency market years ago, helping pro...
