Beginner Why long-term crypto holders borrow against assets instead of selling A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto Open guide 
Coinbase News
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Trading
OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing
OpenAI’s comment follows Robinhood’s June 30 event in Cannes, France, where CEO Vlad Tenev demonstrated a tokenized stock trade for an “OpenAI” position.
Legal
Supreme Court confirms IRS right to access customer data from crypto exchanges without warrant
IRS can keep seeking crypto user data without warrant, Supreme Court says by staying silent.
DEX
DEXs capture almost 30% of CEX spot activity in June, setting new record
As decentralized exchanges register a 12% slide in monthly trading volumes, CEX crash nearly 30%.
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