The San Francisco-based crypto exchange has signed onto an amicus brief urging the Supreme Court to hear Harper v. O’Donnell. The case calls into question how the third-party doctrine should be applied in the digital age.
The doctrine, dating back to the 1970s, holds that individuals lose their expectation of privacy when they voluntarily share information with third parties like banks, phone companies, or, in this case, crypto exchanges.
The main thrust of Coinbase’s argument is that users should not have to surrender their right to privacy because they store information with a third party.
Coinbase Urges Supreme Court to End IRS Surveillance of Crypto Users on Exchanges
Coinbase wants the Supreme Court to take up a case that could end the IRS practice of hovering up data from crypto users on exchanges.
Sanctioned Russian Exchange Garantex Suspected of Rebrand as Grinex
Sanctioned Russian exchange Garantex is suspected of having rebranded as Grinex and relaunched, according to reports from TRM Labs.
US Recession 'Turning Into a Tailwind' for Bitcoin: Bitwise Analyst
Despite the prospect of market turmoil, an economic contraction might actually be bullish for Bitcoin, according to one analyst.
Eric Trump: Anti-Crypto Banks Will Be 'Extinct in 10 Years'
Eric Trump, son of President Donald Trump, predicted that banks that don't embrace crypto will be “extinct in 10 years.”
Bitcoin Falls as US Economy Contracts for First Time in 3 Three Years
Bitcoin fell after a report indicated that the U.S. economy contracted for the first time in three years, adding to recession fears.
📊 MYRIAD Market of the Day
US-China trade deal by the end of President Xi s birthday?
Trade “US-China trade deal by the end of President Xi s birthday?” on Myriad
💬 Quote of the Day
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““Exposure of a person’s identity on the blockchain opens a potentially wide window into that person’s financial activity… easily ascertain[ing] all transactions the person has made using that address—or track future transactions.”
🎮️ GG: One Championship MMA Game on Sui Blockchain Hits iOS and Android
One Fight Arena, based on the One Championship combat sports league, is now available on mobile with optional Sui crypto and NFT features.
🤖 EMERGE: OpenAI Rolls Back ChatGPT Update After User Pushback Over ‘Sycophantic’ Behavior
The decision follows days of backlash on Reddit, X, and elsewhere, where users had labeled ChatGPT's tone as disingenuous and manipulative.
🎭️ SCENE: Story of Man Who Lost $750 Million Worth of Bitcoin in Landfill Headed to Hollywood
An L.A. production company will tell the story of James Howells, who believes his hard drive with $750 million in Bitcoin is buried in a landfill.
📚 Watch and Learn
📹️ WATCH: BTC stable, BlackRock to tokenise $150 billion fund
Bitcoin is stable as dominance rises towards 65%, BlackRock has plans to tokenize another one of its funds, and the U.S. Senate could vote on stablecoin legislation soon.
🎓️ LEARN: What Is Base? The Ethereum Layer-2 Network Launched by Coinbase
Base is designed to house Coinbase’s on-chain products and provide an open ecosystem for dapps, onboarding “billions of users.”
