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MicroStrategy’s (MSTR) Bitcoin (BTC) Billions Have Rebounded Since Michael Saylor Exited CEO Job a Year Ago

Saylor had begun purchasing bitcoin for MicroStrategy’s balance sheet in August 2020, fueling its stock rally alongside bitcoin in 2020 and 2021. Taking a wider view, Saylor this week pointed out that MicroStrategy’s share price is up 254% since he first began making bitcoin purchases, well ahead of the Nasdaq’s

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Binance sold USDC for another stablecoin — Coinbase CEO

Coinbase CEO Brian Armstrong’s comments to a question about the USD Coin (USDC) stablecoin during the company’s second-quarter earning calls raised some eyebrows. While commenting on the market cap of USDC, Armstrong quipped that Binance moved some of its funds from USDC into another stablecoin, but despite that, the market cap

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Former MicroStrategy (MSTR) CEO Michael Saylor’s Wager on Bitcoin (BTC) Looking Better

A rebound in the price of bitcoin has sharply narrowed losses for MicroStrategy's (MSTR) holdings of the cryptocurrency. When Michael Saylor stepped down almost exactly a year ago as CEO of MicroStrategy to become its executive chairman with a sole focus on investing in bitcoin, his digital-asset strategy was looking

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Coinbase CEO says leaving US ‘not even in the realm of possibility right now’: Report

Brian Armstrong, chief executive officer at Coinbase, has reportedly waffled about whether the cryptocurrency exchange plans to leave the United States amid regulatory uncertainty.According to an Aug. 4 report from the Financial Times, Armstrong said Coinbase was “staying in the United States” despite many other crypto firms considering leaving the

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Core Scientific appoints Adam Sullivan as CEO amid restructuring process

Publicly traded Bitcoin (BTC) miner Core Scientific has appointed Adam Sullivan its CEO. Sullivan, who previously served as the company’s president, took the role on Aug. 4, while co-founder and former CEO Mike Levitt remains chairman of the board.Sullivan has over a decade of financial services experience, particularly in digital

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Matter Labs CEO vehemently denies copy-pasting code from Polygon Zero

Alex Gluchowski, the co-founder and CEO of zkSync creator Matter Labs, has denied copy-pasting code from Polygon Zero, after the zero-knowledge scaling firm accused them of copying the code from their system without proper attribution. On Aug. 3, Polygon Zero published a long blog post saying they believe Matter Labs copied

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