Michael Saylor, CEO of MicroStrategy, famous for his “bitcoin debt”, eventually resigned after losing $917.8 million from his coin investment. According to a statement released by MicroStrategy on the 2nd (local time), Michael Saylor will step down as CEO and Phong Le, the current president of the company, will replace him. Instead of stepping down […]
Big Tech
Bitcoin Pricing Falls Below $22,000 Lines While Geopolitical Situation Affecting The Market Direction
Bitcoin fell slightly and is trading at the $22,000 level. Investors are waiting and waiting, and volume and volatility are declining. According to CoinMarketCap, a global cryptocurrency market relay site on the 1st, as of 9 am on the same day, Bitcoin was trading at $22,623.45, down 0.92% from 24 hours ago. On the domestic […]
Nancy Pelosi Visits Taiwan While Bitcoin Is Down To $23,000
The cryptocurrency market is mixed as the US stock market plunged after US House Speaker Nancy Pelosi’s visit to Taiwan. Bitcoin is consolidating around $23,000. According to CoinMarketCap, a cryptocurrency market site on the 3rd, at 8:30 a.m. on the same day, Bitcoin was traded at $23,102, down 1.2% from 24 hours ago. Bitcoin has […]
Elon Musk Is Suing Twitter And Trial To Begin In October
The Washington Post (WP) and CNBC reported on the 29th that a legal battle between Musk and Twitter over the termination of Tesla CEO Elon Musk’s takeover contract will be held for five days from October 17th. According to reports, the Delaware State Court of Equity has released the trial schedule for the lawsuit between […]
Nasdaq Soars 4% and Bitcoin Rises Too Exceed $22,000
While the Nasdaq surged more than 4%, the cryptocurrency market, including Bitcoin, also surged all at once. According to CoinMarketCap, a global coin market relay site, as of 7:57 am on the 28th, the price of bitcoin is trading at $22,280, up 8.38% from 24 hours ago. Bitcoin is trading between a high of $22,986 […]
Samsung Electronics opens the world’s first 3-nano foundry semiconductor shipment ceremony
Samsung Electronics held a product shipment ceremony for 3nm (nanometer, 1nm is 1 billionth of a meter) foundry (semiconductor consignment production) applied with gate all-around (GAA) technology, a next-generation transistor structure, at the V1 line of the Hwaseong campus in Gyeonggi Province on the 25th. Samsung Electronics is the first in the world to mass-produce […]
Tesla Suffers $170 Million Impairment Charge on Bitcoin Holdings
As the price of virtual assets plummeted, attention is focused on how much loss Tesla, an American electric vehicle maker that has recently sold out of bitcoin, has suffered. The Wall Street Journal (WSJ) reported on the 25th (local time) that Tesla suffered a book-related impairment loss of about $170 million in bitcoin in the […]
The Merge is Ethereum’s chance to take over Bitcoin, researcher says
According to Cointelegraph, a media specializing in virtual assets on the 24th, Vivek Raman, a decentralized finance (DeFi) researcher, developed Bitcoin by upgrading Ethereum’s existing proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS). In an interview with Cointelegraph on the same day, he said, “Ethereum has an opportunity to catch up with Bitcoin from an economic […]
Elon Musk had affair with wife of Google co-founder Sergey Brin and apologized on his knee
Tesla CEO Elon Musk has been found having a brief affair with the wife of his best friend, Google co-founder Sergey Brin, reports the Wall Street Journal. According to the Bloomberg Billionaires Index, a long-standing friendship between Musk, the world’s richest man, and Bryn, the eighth richest person, is said to have been broken because […]
Twitter posts $270 million quarterly loss led by sluggish earnings
Twitter, a social media platform, turned to a loss as it reported an earnings shock in the second quarter amid an announcement that Tesla CEO Elon Musk was canceling the takeover. Twitter announced on the 22nd that its sales in the second quarter of this year were $1.18 billion, down 1% from the same period […]