A group of American investors are planning to buy an English football club using cryptocurrency. Our guest this week is a local journalist who is against the idea.
CoinMarketRecap, hosted by Connor Sephton, aims to break down the week's crypto news in a fun and accessible way.
Research continually shows that consumers find cryptocurrencies difficult to understand — and we're determined to change that.
CoinMarketCap Glitch: What Happened?
"I've been assured from our engineering team that they have doubled their resources to prevent anything like this from ever happening again, because all jokes aside, we don't like to show you all wrong prices. Why would we?"
That said, there were plenty of jokes. One man shared a screenshot of his skyhigh crypto balance and quipped that he was planning to buy Florida — and CoinMarketCap's Twitter account also dusted off some tried-and-tested memes. We share our favorites.
News Roundup: Fat-Fingered Mistakes, Tesla and DOGE, Crypto Gifts
Plus, Robinhood and Cash App now allow its users to purchase cryptocurrencies as a gift for their loved ones — ahead of Christmas. But is this a present that most everyday consumers would want to receive?
WAGMI United Attempt to Buy Bradford City
A group of American investors who call themselves WAGMI United has revealed that it wants to buy an English football club.
They've set their sights on Bradford City — a League Two team based in Yorkshire.
WAGMI United wants NFTs to be a major revenue stream for the club — and plans to outspend rivals to ensure the team can rise through the rankings and enter England's top tier of football, the Premier League.