Weekly Crypto Roundup: new rules, severe report cards, and yet more hacks

Weekly Crypto Roundup: new rules, severe report cards, and yet more hacks

Mainstream companies and regulators are feeling the ripples coming from the crypto industry Mainstream companies and regulators are feeling the ripples coming from the crypto industry As several crypto firms reported falling revenues in the second quarter of 2022, a growing number of traders are facing the ripple effect of the meltdown spreading from the crypto […]

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Michael Saylor steps down as CEO of MicroStrategy as losses widen

Michael Saylor steps down as CEO of MicroStrategy as losses widen

Net losses was at $1.062 billion this quarter compared to $299.3 million for the second quarter of 2021 Net losses was at $1.062 billion this quarter compared to $299.3 million for the second quarter of 2021 The American business intelligence company MicroStrategy has announced that Michael Saylor, will be stepping down as CEO and taking […]

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‘Bitcoin’s current volatility is irrelevant’, says MicroStrategy’s Michael Saylor

‘Bitcoin’s current volatility is irrelevant’, says MicroStrategy’s Michael Saylor

MicroStrategy CEO Michael Saylor is an avid Bitcoin supporter. For him, Bitcoin’s volatility is irrelevant once you understand its fundamentals and how difficult it would be to create something better. “Bitcoin is the most certain thing in a very uncertain world, it’s more certain than the other 19,000 cryptocurrencies, it’s more certain than any stock, […]

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