Winklevoss Twins: The First Verified Billionaire Bitcoin Holders?

Winklevoss Twins: The First Verified Billionaire Bitcoin Holders?

Equally stunning was the year for the twins Tyler and Cameron Winklevoss, whom you can remember from the story of the lawsuit they filed against Mark Zackerberg accusing him of having stolen their idea of Facebook.

While the precise date of the Winklevii bitcoin purchase is unknown, the cryptocurrency was trading for under $250 for most of the year - and under $150 for several months. When it hit $11,000 this weekend, such a stake...

The Winklevoss Twins are among the first backers of Bitcoin, purchasing $11 million worth of bitcoins in 2011, which amounted to about 1 percent of the total amount of BTC in circulation at that time.

YES! Suck it Zuckerberg, the Winklevii are making bank a different thing they probably don't understand!

Newsroom - American Explains Holiday Scheduling Error - American Airlines Group, Inc
As a result of this error, thousands of flights in December initially did not have pilots assigned to them. But despite American's statement , the APA continues to dispute the airline's numbers.

The digital currency retraced some of its gains on Sunday after hitting the peak.

Bitcoin's rise comes amid continued interest in the digital currency from both ordinary investors and institutions. They later also spent nearly $1 million to buy more bitcoin later in 2013, right after Silk Road, an illicit marketplace on the so-called dark web, was seized by the Federal Bureau of Investigation. The Winklevoss twins are long-time bitcoin bulls and are investors in crypto exchange Gemini. "Still, the twins" early comments about bitcoin appear to have been prescient. But Novogratz said Tuesday at CoinDesk's Consensus Invest conference that cryptocurrencies like bitcoin are "going to be the biggest bubble of our lifetimes".

"We've never sold a bitcoin, we're in it for the long haul", Cameron added. It is believed to be the first billion-dollar return made by a cryptocurrency investor, a landmark moment for the controversial asset. In 2014, Mt Gox, then the world's largest bitcoin exchange, went bankrupt after hackers had stolen $460 million from the firm's online systems.

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