Bitcoin24h $63,441.47-2.37%

Ethereum24h $1,876.53-3.62%

BNB24h $566.74-0.88%

XRP24h $1.05-4.67%

Solana24h $73.15-4.29%

TRON24h $0.3249-1.70%

Hyperliquid24h $54.40-8.88%

Dogecoin24h $0.0700-3.45%

UNUS SED LEO24h $9.75+0.50%

Zcash24h $465.64-6.89%

GameStop’s 10-Q says Coinbase can liquidate its BTC

Gamestop has re-pledged its bitcoin (BTC) with Coinbase who has full rights to rehypthecate and commingle its $300 million worth of coins.

Brian Armstrong’s security costs 28 times more than Michael Saylor’s

Crypto investors and executives are vulnerable to physical attacks, leading to firms paying big for their personal security.

Coinbase CEO Brian Armstrong sold $541M in COIN by the first week of January. Then his company proceeded to lose $394M within three months.

Coinbase suffered a seven-hour outage on Thursday after a “thermal event” in Amazon’s data centers caused disruptions.

The suit, which calls the hack “sophisticated,” is suing Coinbase on numerous counts, including unjust enrichment, and is seeking restitution.