#Crypto billionaires losing fortunes as bitcoin tumbles

#Crypto billionaires losing fortunes as bitcoin tumbles

“Crypto billionaires losing fortunes as bitcoin tumbles” The Winklevoss twins and other cryptocurrency moguls who bet big on bitcoin have seen their fortunes plummet in recent weeks during a steep selloff in the market. The crypto tycoons have gotten slammed as investors look to dump riskier assets during global economic turmoil, according to Bloomberg. Bitcoin…

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#FTX poaches Fidelity exec as crypto exchange nears NY approval

#FTX poaches Fidelity exec as crypto exchange nears NY approval

“FTX poaches Fidelity exec as crypto exchange nears NY approval” FTX, the $32 billion global crypto exchange, is gearing up to take on the final frontier: New York. The digital asset exchange — which boasts investments from celebrities including power couple Tom Brady and Gisele Bündchen — has hired former Fidelity Digital Assets executive Marissa MacDonald in its…

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#Elon Musk Twitter profile photo sends ApeCoin surging

#Elon Musk Twitter profile photo sends ApeCoin surging

“Elon Musk Twitter profile photo sends ApeCoin surging” Tesla CEO Elon Musk changed his Twitter profile picture to a montage of the Bored Ape non-fungible token collection — sending the value of its related cryptocurrency soaring. ApeCoin, the cryptocurrency that was started by Yuga Labs who are the creators of the Bored Ape NFT, was…

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#Madison Cawthorn could be indicted for insider trading: report

#Madison Cawthorn could be indicted for insider trading: report

“Madison Cawthorn could be indicted for insider trading: report” Madison Cawthorn, the controversial GOP freshman congressman, may have broken the law by engaging in insider trading as part of a pump-and-dump cryptocurrency scheme, according to a report. The Republican from North Carolina appeared at a Dec. 29 party alongside hedge fund manager James Koutoulas, who…

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#Fidelity offers bitcoin investing option in 401(k) accounts

#Fidelity offers bitcoin investing option in 401(k) accounts

“Fidelity offers bitcoin investing option in 401(k) accounts” More workers may soon be able to stake some of their 401(k) retirement savings to bitcoin, as cryptocurrencies crack even deeper into the mainstream. Retirement giant Fidelity said Tuesday that it’s launched a way for workers to put some of their 401(k) savings and contributions directly in…

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