GameStop plans $1.4 billion stock swap as Bitcoin collateral risk emerges

The exchange would cut note principal by about one-third while replacement Bitcoin option terms also remain undisclosed. The post GameStop plans $1.4 billion stock swap as Bitcoin collateral risk emerges appeared first on CryptoSlate.
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This Bitcoin Bridge Shut Itself Down Because AI Was Finding Bugs Too Fast
Non-custodial Bitcoin swap provider Boltz says attackers are finding vulnerabilities faster than its team can fix them, forcing it to suspend swaps indefinitely.

Hashdex is shutting down its Bitcoin ETF, leaving investors with just days to sell before a blind, unpredictable cash out
The $14.7 million Bitcoin ETF will liquidate from Aug. 18, while Hashdex's filings split on the payout date. The post Hashdex is shutting down its Bitcoin ETF, leaving investors with just days to sell before a blind, unpredictable cash out appeared first on CryptoSlate.

Tomorrow sees a massive liquidity trap for Bitcoin as the US Treasury is quietly draining $77 billion from bank reserves
The Aug. 5 bill-coupon mix will show whether financing pressure reaches Bitcoin-sensitive risk appetite or leaves reserves stable. The post Tomorrow sees a massive liquidity trap for Bitcoin as the US Treasury is quietly draining $77 billion from bank reserves appeared first on CryptoSlate.