Dec 4, 2017

Winklevoss twins strike Bitcoin gold

The Winklevoss brothers are now Bitcoin billionaires. Photo: Evan Agostini / AP

The brothers who gained notoriety for suing Mark Zuckerberg over the idea that started Facebook have done quite well in the wake of Bitcoin's record gains, The Verge reports. Cameron and Tyler Winklevoss won $65 million in the Facebook lawsuit, invested $11 million of it into Bitcoin in 2011, and now own more than $1 billion in holdings.

Why it matters: Winklevoss twins aside, Bitcoin is in the midst of a dramatic price surges after being dismissed as a fad in its early days. Some currency experts warn of a bubble, and some critics still say it won't catch on as a viable form of currency.

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Axios

Concern over coronavirus spread: Italy, South Korea and Iran report more cases

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The number of novel coronavirus cases in South Korea, Italy and Iran jumped on Sunday as infections in mainland China continued to grow, the latest figures show.

The big picture: As South Korea and Italy stepped up emergency measures amid rising case numbers, World Health Organization officials expressed concern about infections with no clear link to China. COVID-19 has killed at least 2,619 people and infected almost 80,000 others, with all but 27 deaths occurring in mainland China.

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Rebecca Falconer

Sanders reveals free childcare plan for preschoolers

Democratic presidential candidate Sen. Bernie Sanders speaks during a campaign rally on Saturday in El Paso, Texas. Photo: Cengiz Yar/Getty Images

Democratic presidential candidate Sen. Bernie Sanders announced on CBS' "60 Minutes" Sunday a new plan to guarantee free child care and pre-kindergarten to all American children from infancy to age four.

Details: In the wide-ranging interview, Sanders told Anderson Cooper he planned to pay for universal childcare with a wealth tax. "It's taxes on billionaires," he said.

Go deeperUpdated 2 hours ago - Politics & Policy

Rebecca Falconer

Joe Biden places second in Nevada caucuses, ahead of Pete Buttigieg

Democratic presidential candidate and former Vice President Joe Biden a Nevada Caucus watch party in Las Vegas on Saturday. Photo: Ronda Churchill/AFP via Getty Images

Former Vice President Joe Biden secured second place in the Nevada Democratic caucuses with former Southbend Mayor Pete Buttigieg third, according to NBC News projections Sunday.

Why it matters: It's a boost for Biden, who's widely tipped to be endorsed by House Majority Whip Jim Clyburn (D-S.C.) on Wednesday, ahead of this week's South Carolina primary.

Go deeperUpdated 2 hours ago - Politics & Policy