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Nomad’s US$200 million hack; Saylor steps down

Nomad loses US$200 million after over 300 suspected of participating in the hack. Meanwhile, Michael Saylor moves from CEO to Chairman of Microstrategy.

Welcome to The Daily Forkast – August 3, 2022 – presented by Joel Flynn.

Coming up on today’s show:

Over 300 perpetrators suspected in Nomad cross-chain bridge hack.

Meanwhile, Bitcoin and Ethereum fall after stock market jitters over Pelosi visit.

MicroStrategy CEO Michael Saylor moves to chairman role to focus on Bitcoin.

And finally, a crypto tax service launches in India.

We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast August 3.