They are both correct.
$$(-1)^{3} = -1$$
because it is
$$-1 \times -1 \times -1 $$
and a negative $\times$ a negative is a positive:
\begin{align*}
(-1 \times -1) \times -1 \\
= 1 \times -1 \\
= -1 \\
\end{align*}
Because of that, a solution to "What is the cube root of -1 ($\sqrt[3]{-1}$)" is $-1$.
This means that $$-16 \times -1^{1/3} = 16$$
can also be written as
$$-16 \times -1 = 16$$
which is clearly true.
Also, it may be easier to solve
$$−8^{4/3}$$
with the following method:
\begin{align*}
-8^{4/3} \\
&=\sqrt[3]{-8}^4 \\
&=2^4 \\
&= 2 \times 2 \times 2 \times 2 \\
&=16 \\
\end{align*}