Crypto Weekly Roundup: CEO Still Trusts BTC, Cloudflare Takes On New Challenge, Terra Starts Revival Plan, And More

Crypto Weekly Roundup: CEO Still Trusts BTC, Cloudflare Takes On New Challenge, Terra Starts Revival Plan, And More
HeadlinesNewsCrypto Weekly Roundup: CEO Still Trusts BTC, Cloudflare Takes On New Challenge, Terra Starts Revival Plan, And More

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Crypto Weekly Roundup: CEO Still Trusts BTC, Cloudflare Takes On New Challenge, Terra Starts Revival Plan, And More

Crypto Daily™a month ago
Published on May 22, 2022 12:30 GMT+00:00edited on May 23, 2022 15:59 GMT+00:00

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The market is still reeling from the dramatic plunge of the UST stablecoin and the Terra ecosystem. In the meantime, different industry leaders have been chiming in with their take on the Bitcoin question after the premier crypto suffered significantly in the crash. Let’s find out more. 

Bitcoin

FTX CEO Sam Bankman-Fried has said that Bitcoin could not become a payments network but had the potential to be a store of value.

The president of the ECB, Christine Lagarde, said that crypto is worth nothing and should be regulated to steer people away from it. Instead, she touts a digital euro as a safer store of value.

Microstrategy CEO Michael Saylor remains just as convinced about Bitcoin as always, calling it the future of money and that it will eventually be valued in the …