3min chapter

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The Chopping Block: Why the Azuki Elementals Drop Was a Big Flop - Ep. 512

Unchained

CHAPTER

Cryptocurrency Liabilities: How Much Are They Worth?

Coinbase is a small custodian of Bitcoin. It has 61.5 million out of the 69 million in liabilities are audience tokens. That's like 30% of the audio supply, which means that the non-audio crypto is like $8 million oflike Bitcoin and Ether or something. So this is like a very, this is a very small amount of money that these guys were holding.

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