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Coinbase urges Supreme Court to block IRS crypto data grab to preserve constitutional privacy

Coinbase urges Supreme Court to block IRS crypto data grab to preserve constitutional privacy

Coinbase has filed an amicus brief with the US Supreme Court supporting a constitutional challenge to the Internal Revenue Service’s (IRS) broad collection of cryptocurrency user data, arguing it violates Fourth Amendment protections. The filing, submitted on April 30, outlines the company’s opposition to an IRS John Doe summons that compelled the disclosure of detailed […]

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Grayscale launches Bitcoin Adopters ETF targeting firms holding BTC as treasury reserve

Grayscale launches Bitcoin Adopters ETF targeting firms holding BTC as treasury reserve

The fund, launched April 30, tracks a diversified group of firms with Bitcoin treasury strategies. Notable constituents include Michael Saylor’s Strategy, mining firm Marathon Digital Holdings (MARA), Tesla and Japanese BTC-focused firm Metaplanet. The launch comes amid a sharp uptick in institutional Bitcoin buying. Asset manager Grayscale has introduced a new

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Story of Man Who Lost 0 Million Worth of Bitcoin in Landfill Headed to Hollywood

Story of Man Who Lost $750 Million Worth of Bitcoin in Landfill Headed to Hollywood

In brief A production company has secured rights to turn the life of James Howells into numerous media ventures, including a docuseries. Howells says he lost a hard drive containing $750 million worth of BTC over a decade ago. For years, he has unsuccessfully lobbied to search the landfill where he maintains the drive is

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After 85% Crash, Axelar ($AXL) Eyes Recovery With Institutional Backing

After 85% Crash, Axelar ($AXL) Eyes Recovery With Institutional Backing

Axelar’s native token, $AXL, has begun a steady recovery after plunging to an all-time low of $0.2745 on April 7. At press time, $AXL has gained 3.72% in the past 24 hours, driven by a 246% surge in trading volume, which helped lift its market capitalization to nearly $370 million. Axelar price chart / Source:

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US Recession ‘Turning Into a Tailwind’ for Bitcoin: Bitwise Analyst

US Recession ‘Turning Into a Tailwind’ for Bitcoin: Bitwise Analyst

In brief The U.S. economy contracted at an annualized rate of 0.3% in the first quarter. Traders grew more confident that the Federal Reserve would cut interest rates this summer. The U.S. Dollar Index (DXY) rose on Wednesday but has declined 8.3% year-to-date. Bitcoin fell on Wednesday after the U.S. economy shrank for the first

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Semler Scientific Adds 165 BTC, Now Holds Over 0 Million in Bitcoin

Semler Scientific Adds 165 BTC, Now Holds Over $330 Million in Bitcoin

Semler Scientific has increased its bitcoin holdings to 3,467 BTC following a $15.7 million purchase of 165 BTC, achieving a 23.8% year-to-date yield on its bitcoin treasury strategy. Bitcoin Bet Pays Off As Semler Scientific Reports 23.8% BTC Yield Semler Scientific (Nasdaq: SMLR) continues to double down on its bitcoin strategy, announcing the purchase of

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Bitcoin Raging Bull Indicator Turns Back On, But This Level Holds The Key

Bitcoin Raging Bull Indicator Turns Back On, But This Level Holds The Key

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este

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ZachXBT tracks 0M Bitcoin stolen in social engineering scam from elderly American

ZachXBT tracks $330M Bitcoin stolen in social engineering scam from elderly American

Blockchain sleuth ZachXBT revealed that the victim of the recent theft of $330 million in Bitcoin (BTC) was an elderly American citizen who was targeted by a social engineering attack. The exploit marks one of the largest known crypto thefts from an individual. ZachXBT traced the stolen 3,520 BTC, worth approximately $330 million, to a suspicious

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Sony’s Soneium and Plume unite to bring real-world yield to millions through SkyLink

Sony’s Soneium and Plume unite to bring real-world yield to millions through SkyLink

Key Takeaways Plume and Soneium are partnering to offer real-world asset staking and yield opportunities to 5.1 million users. The SkyLink interoperability layer allows integration with tokenized assets like US Treasuries and private credit through the Plume chain. Share this article Soneium, Sony’s public blockchain, is collaborating with Plume, the full-stack layer 1 chain built

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Coinbase urges US Supreme Court to rethink digital privacy doctrine

Coinbase urges US Supreme Court to rethink digital privacy doctrine

The crypto exchange urged the Court to reconsider the “third-party doctrine” as it applies to digital financial data. While Coinbase is not a direct party to the case, the company has a vested interest in how the Court interprets privacy protections. The Supreme Court is expected to decide later this year whether

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