This week on Crypto News Recap, Our beloved Bitcoin advocate Michael Saylor is clearing his schedule to devote practically all of his time to promoting the first truly digital currency. Also, Meta’s Instagram is introducing NFTs to a new group of users worldwide. In addition, crypto nerds can now use their ApeCoin to purchase Gucci expensive products.
On a less optimistic note, Solana's wallet gets hacked, which stirred the crypto industry this week as 8,000 wallets were drained from $8 million.
Without any further ado, let's dive in!
Michael Saylor To Continue As Executive Chair of MicroStrategy But Leave His Position as CEO To Focus on Bitcoin
Michael Saylor, the lead Bitcoin maxi has announced this week that he was resigning as MicroStrategy's CEO in favor of a new executive chair post.
Saylor's new position will concentrate on MicroStrategy's "Bitcoin acquisition strategy and related Bitcoin advocacy projects" as of August 8.
“I believe that splitting the roles of Chairman and...
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