Today’s Top Crypto News – Wednesday 8/3/22

•Solana Wallets Targeted in Latest Multimillion Dollar Hack – CoinDesk

“Over 8,000 internet-connected “hot” wallets have been compromised so far, but the source of the attack remains unknown.”

•Michael Saylor steps down as MicroStrategy CEO, company takes $917 million charge on bitcoin – Yahoo Finance

“MicroStrategy (MSTR) announced on Tuesday its founder and CEO Michael Saylor will step down from the top job and take a new post as executive chairman, focused on the company’s bitcoin strategy.”

•CFTC Would Become Primary Crypto Regulator Under New Senate Committee Plan – CoinDesk

“The Digital Commodities Consumer Protection Act of 2022 would create a definition of “digital commodity.””

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