Michael Saylor Announces $5.1 Billion Bitcoin Profits for Strategy
MicroStrategy, the world's first and largest Bitcoin treasury firm chaired by Michael Saylor, has amassed billions of dollars in its Bitcoin bets so far this year.While the firm had earlier entered a major loss zone where it saw its holdings record massive unrealized losses, the market has…
Coinbase CEO Announces 14% Staff Layoff
Brian Armstrong, the CEO of the leading U.S.-based cryptocurrency exchange Coinbase, has just confirmed mass layoffs of up to 14% of the company's staff.In a post that has sparked reactions across the crypto community, Armstrong shared details of the message sent to staff, describing it as one of…