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.
Hero coach rescues U.S. swimmer at Olympic event
U.S. Swimming coach, Andrea Fuentes, has saved the life of an American Swimmer, Anita Alvarez, at the FINA World Championships
Fuentes dived into the pool to rescue unconscious Alvarez from the bottom after her Olympic qualifying event.
In a nightmare moment, the 25-year-old didn’t return for breath after her synchronised swimming event and instead began to sink.
In a split-moment decision, Coach Fuentes jumped into the pool to rescue her, after the lifeguards failed to act.
The young Olympic medalist was unconscious and not breathing but quickly received medical attention on the edge of the pool.
She was taken to hospital and is now reportedly in ‘good health’.
Medical personnel to face trial over Maradona’s death
Eight medical personnel will stand trial for their alleged negligence in the death of football legend Diego Maradona
The 60-year-old was found dead in a rented home in Buenos Aires two years ago, after recently being discharged from hospital.
Prosecutors say there were “omissions” by the star’s caregivers, who allegedly abandoned him during his hospital stay.
Around 20 medical experts found Maradona’s treatment was rife with “deficiencies and irregularities”, in a hearing convened by Argentina’s public prosecutor last year.
A neurosurgeon and family doctor, psychiatrist and psychologist are among those who are facing charges.
They risk sentences ranging from eight to 25 years in prison but are denying any responsibility in the Argentinian player’s death.
Diego Maradona played in four FIFA World Cups for Argentina, and then went on to coach the national team during their 2010 campaign in South Africa.
In May, his famous ‘Hand of God’ jersey sold for $9.3 million.
Tennis player’s tantrum leaves young spectator in tears
Romanian tennis player Irina-Camelia Begu bounced her racquet into the crowd narrowly missing a child who was brought to tears
The world number 63 crashed her racquet into the court after losing serve in the third set of her French Open contest.
The racquet flew off the court landing in the crowd, scaring a young child who broke out into audible sobs.
Officials halted the match and handed Begu a code violation for unsportsmanlike conduct.
Begu eventually went on to win the match, defeating katerina Alexandrova 6-4 in the decisive third set.
The incident has raised eyebrows in the tennis community, with many believing she should have been disqualified for the act, and is being compared to an incident that saw Novak Djokovic disqualified from the 2020 U.S Open for striking a ball at a line judge.
A contrite Begu comforted the young boy and posed for photos with him following the contest.
She expressed regret for the incident saying “It’s an embarrassing moment for me, so I don’t want to talk too much about it. I just want to apologise,”
“My whole career, I didn’t do something like this, and I feel really bad and sorry. So I’m just going to say again: sorry for the incident.”
Bryan Hoadley contributed to this post
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