GameStop Buys $500M in Bitcoin Amid Renewed Crypto Momentum

GameStop has purchased 4,710 bitcoin worth over $500M, aligning its treasury strategy with crypto-friendly trends under Trump’s administration. As Bitcoin reaches new peaks, its surge mirrors the strategies of Tesla and Coinbase. Despite investor concerns over volatility, GameStop’s pivot aims to boost financials after declining sales post-Reddit-fueled stock surge. Political tensions around crypto continue to grow.

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Coinbase Breach Exposes Customer Data in Insider-Driven Attack, Hacker Demands $20M Ransom

Coinbase has confirmed a major security breach involving insider collusion, leading to the theft of sensitive customer data. The company disclosed the incident in a regulatory filing and blog post, revealing that a hacker used compromised support contractors to extract internal data — and later demanded $20 million in ransom, which Coinbase refused to pay.

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