CoinMarketRecap: Weekly Crypto News

August 3: Big changes at MicroStrategy, two huge hacks, double blow for Robinhood, Kim K fights back

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Episode notes

On today's CoinMarketRecap with Connor Sephton, big news in Bitcoin circles — Michael Saylor is stepping down as the CEO of MicroStrategy… kind of. Plus, $190 million is stolen from the Nomad Bridge, in what's described as "one of the most chaotic hacks that Web3 has ever seen." And there's panic for Solana investors as 8,000 wallets are drained in a separate attack. A double blow for Robinhood — the company's laying off 23% of its staff, and its crypto division has been hit by a $30 million fine. Kim Kardashian's pushing to get an Ethereum Max lawsuit dismissed — we'll tell you what her lawyers are saying. Plus, we'll find out which high-end retailer is going to start accepting ApeCoin as a payment method. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.