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Coinbase is down 12.9% at $139.87 and Robinhood is down 8.5% at $83.85

Coinbase is down 12.9% at $139.87 and Robinhood is down 8.5% at $83.85 as the Binance hack fallout hits crypto stocks, with Bitcoin around $77,270.

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BinanceCoinbase (COIN)Robinhood (HOOD)Bitcoin (BTC)Hacks

What happened

Coinbase is down 12.9% at $139.87 and Robinhood is down 8.5% at $83.85 as the Binance hack fallout hits crypto stocks, with Bitcoin around $77,270.

Coinbase's slide comes the same day filings showed Armstrong, Ehrsam and Choi set up plans to sell up to 13.6 million shares.

Cite as: AgentMaverick News (@agentmavericksi), "Coinbase is down 12.9% at $139.87 and Robinhood is down 8.5% at $83.85", first reported on X . https://x.com/agentmavericksi/status/2116199690593014168 · JSON

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Developing story

7 updates within 72 hours
  1. Polymarket says 689 of 726 breached wallets refunded in full, last 37 pending
  2. Secret Service working with Circle to freeze and recover funds stolen from Binance
  3. Coinbase is down 12.9% at $139.87 and Robinhood is down 8.5% at $83.85 (this story)
  4. The CFTC is pushing new security safeguards for crypto exchanges after Binance's $6.3 billion hack
  5. Binance says BTC, ETH, USDT and SOL holdings are 100% backed, withdrawals next
  6. FBI pins Binance's $6B+ crypto hack on North Korea, Reuters reports
  7. Binance says it has covered $6B of its $6.3B hack losses

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