GameStop's $56B eBay Bid Rejected, Bitcoin Stash in Play
With GameStop’s bid dismissed as neither credible nor attractive and Burry already bailing, the financing math now hinges on the firm’s 4,709 BTC plus a contingent $20B TD Bank debt package.
Court rulings, lawsuits, settlements, indictments, and litigation involving crypto firms and protocols.
With GameStop’s bid dismissed as neither credible nor attractive and Burry already bailing, the financing math now hinges on the firm’s 4,709 BTC plus a contingent $20B TD Bank debt package.
The headline loss is brutal, but the real read is structural: miners are unprofitable below ~$88K cost and the industry is already moving compute to AI/HPC — CleanSpark is just naming the pivot out…
The 63% bitcoin cut is the headline, but the real signal is the dollar pivot: $70M parked in US reserves for a payments deal while revenue slid 36.8% and net loss nearly tripled.
The AI firm won't recognize any transfer of its private shares — including through SPVs or tokenized pre-IPO offerings — as crypto venues race to repackage restricted equity for retail traders.
A federal grand jury hit the alleged crew with robbery and weapons charges spanning multiple California cities — the third indictment this year tying a coordinated crew to seven-figure crypto heists.
The 30,765 ETH is a sliver of Aave TVL but the precedent is the story: a DAO-level vote becomes the legal bridge between DeFi custody and a US terrorism judgment.
The dev had already cashed out roughly $611K in $SOL before the post was scrubbed; 39.52% of supply was concentrated in ten wallets funded by 20 $SOL of seed capital.
The lawsuit tracks a pattern of state-level data-privacy enforcement against Big Tech — and Texas is putting a dollar figure on the practice it says Netflix monetized for years.
Galaxy Research's posture map names seven Democratic senators whose votes will decide whether the market-structure bill exits committee with bipartisan footing — or faces a mostly party-line vote…
Phong Le's CNBC clarification walks back Michael Saylor's open-ended sell remark — but anchors BTC disposals to a preferred-stock dividend that bulls never wanted a MSTR balance sheet leveraged to in…
Trump Media & Technology Group reported a $405.9 million net loss for the first quarter, with the damage driven…
The lift only frees the funds to move — North Korea-linked judgment creditors keep their claim against whatever wallet ends up holding the ETH.
The headline number flatters the damage: the real story is the $352M crypto-and-equities mark-to-market hit, which exposes how thin operating cash flow looks beside a balance sheet built on volatile…
The $292M Kelp DAO exploit exposed a single-verifier setup LayerZero now admits should never have shipped — and a 3.5-year-old multisig incident the protocol kept quiet until Friday.
Migration is not a technical problem but a coordination one — and on Bitcoin's governance timeline, even a decade may not be enough to move $3 trillion in elliptic-curve-secured assets before Q-Day.
After weeks of blaming Kelp DAO, LayerZero took ownership of a 1-of-1 verifier config that turned into a single point of failure — and competitors are already collecting the refugee business.
The order is a narrow procedural win for the recovery plan — but the restraining notice now follows the ETH wherever it lands, keeping terrorism judgment creditors one step behind the protocol.
The $71M in ETH the Arbitrum DAO voted to return was frozen by plaintiffs holding a North Korea judgment — Aave will borrow against the shortfall and burn the seized rsETH to drain the hacker's…
Reiners' argument collides with the most uncomfortable fact in crypto enforcement right now: the SEC's own chairman was nominated by the issuer's largest beneficiary.
A stablecoin-yield breakthrough cleared the substantive policy lane, but the new Tillis-Alsobrooks language still has to survive a committee vote where Trump-linked crypto ethics — not the policy…