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Sporting stars lose millions amid crypto crash

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Many stars and celebrities are getting caught up in the crypto market crash right now, with big names losing millions

Most recently, star Quarterback Trevor Lawrence has had $22 million wiped off his cryptocurrency portfolio.

The Jacksonville Jaguars athlete pushed his entire signing bonus into the sector when he decided to accept his wage in digital currency.

The 22-year-old partnered with a crypto tracking app, Blockfolio.

He organised for his entire wage package of $34 million to be delivered in cryptocurrency.

However, Bitcoin has currently lost more than 70 percent of its value, which has sent Lawrence’s paycheck nosediving.

His original pay packet is now worth just $12 million, leaving the Quarterback $22 million out of pocket.

Investors are selling off riskier assets because central banks are raising interest rates to combat quickening inflation.

The overall market value of crypto assets has fallen from $3 trillion to below $1 trillion.

This expensive nightmare for Lawrence follows a string of other top athletes like NFL star Odell Beckham and NBA player Andre Iguodala also losing millions.

Credit:
David Furones

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Ticker News is now live on XumoTV and Xfinity across the U.S.

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Ticker News is now available on Xumo TV and Xfinity, bringing new era of accessibility

Ticker is thrilled to announce a major milestone for Ticker News: we are now available for streaming across the United States on Comcast’s major platforms, Xumo TV and Xfinity.

The development places Ticker News in the company of industry giants like CNN, Fox News, and MSNBC, marking a significant leap forward in our mission to deliver quality news to a wider audience.

With a combined reach of 50 million active users per month, Xumo TV and Xfinity offer an opportunity for Ticker News to expand viewership.

The achievement is particularly special with Ticker’s fifth anniversary on air on August 19.

“Getting Ticker News on these platforms was no small feat,” says Ticker Founder and CEO Ahron Young.

“It took nearly two years of intense negotiations and overcoming various technical challenges. But the journey underscores the resilience and determination of our team, proving that persistence pays off. We are immensely proud of what we have accomplished together,” Ahron says.

Being available on Xumo TV and Xfinity significantly enhances our already robust distribution network.

These platforms provide Ticker with the ability to reach millions of new viewers, further solidifying our presence in the competitive news landscape.

“Our commitment to expanding our reach and improving accessibility remains stronger than ever,” says TIcker’s Global Marketing Director, Kane Ricca.

Looking Ahead

As Ticker celebrates this exciting moment, the media company remains focused on its mission to provide accurate, timely, and engaging news to our audience.

“We are grateful for the ongoing support of our hosts, staff, investors, and viewers. Every moment counts at Ticker, and together, we are building something truly special,” says Ahron.

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‘Frank and constructive’ meeting between Harris and Netanyahu

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Vice President Kamala Harris met with Israeli Prime Minister Benjamin Netanyahu to discuss the humanitarian crisis in Gaza and a cease-fire agreement.

Vice President Kamala Harris highlighted the nature of the discussion describing it as a “frank and constructive”meeting with Israeli Prime Minister Benjamin Netanyahu at the White House.

Harris expressed her concerns about the humanitarian situation in Gaza.

She stressed the need to finalise a cease-fire deal.
Harris described the past nine months in Gaza as devastating.
She urged that the tragedies in Gaza should not be ignored. #trending

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‘Left wing lunatic’: Trump tears into Kamala Harris in major rally

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Donald Trump is ramping up his attacks on Kamala Harris – his new opponent in the November election. But will it be enough to stop her?