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SpaceX employees have penned a letter to company executives, denouncing the behavior of CEO Elon Musk in the wake of sexual harassment allegations.

Bitcoin fell on Wednesday to a new 18-month low, dragging down smaller tokens with it, as the recent tumble in crypto markets showed no sign of letting up.

Billionaire Bill Gates has dismissed cryptocurrency projects such as non-fungible tokens as shams “based on the greater-fool theory”.

Crypto markets have dived in the past few weeks as rising interest rates and surging inflation prompted investors to ditch riskier assets across financial markets.