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The US government has urged the Supreme Court not to take up a Coinbase user’s challenge against the Internal Revenue Service’s (IRS) effort to obtain his crypto transaction records.In a filing dated May 30, Solicitor General D. John Sauer argued that Coinbase user James Harper has no Fourth Amendment right to shield his financial records held by the exchange.The government claimed that Harper “voluntarily” shared his data with Coinbase, and that the IRS followed proper legal procedures to obtain it through a judicially approved summons.Harper’s case centers on a 2016 IRS investigation into widespread tax underreporting on cryptocurrency gains. At…

The world’s largest asset manager, BlackRock, has ended its 31-day spot Bitcoin exchange-traded fund (ETF) inflow streak with its biggest recorded outflow day since the product launched in January 2024.On May 30, BlackRock’s iShares Bitcoin Trust (IBIT) ended its significant inflow streak with its largest daily outflow of $430.8 million, according to Farside data. Before this, IBIT’s largest outflow day was on Feb. 26, with $418.1 million in outflows.BlackRock Bitcoin ETF massive outflow dayETF analyst Nate Geraci said in a May 31 X post, “What a run over the past 30+ days, though.” Geraci highlighted that BlackRock is “now pushing”…

Elden Ring Nightreign shares a lot of mechanics with the original Elden Ring, but there are a few new systems that are unique to Nightreign. Murk is a new currency introduced in Nightreign that can be used to buy upgrades and items, but what’s the best way to get it? Murk doesn’t replace Runes or any of the usual Elden Ring staples. Instead, it’s a separate currency used specifically for purchases in the Roundtable Hold between expeditions. Murk is a lot harder to come by than Runes, however, so players should spend it wisely at the Small Jar Bazaar. Related…

US sports betting platform SharpLink Gaming has filed with the Securities and Exchange Commission (SEC) to offer up to $1 billion in shares of common stock in an effort to increase the holdings of its newly launched Ether (ETH) treasury.“We intend to use substantially all of the proceeds from this offering to acquire Ether, the native cryptocurrency of the Ethereum blockchain commonly referred to as “ETH,” SharpLink Gaming said in the May 30 filing.SharpLink outlines ETH investing risks“We also intend to use the proceeds from this offering for working capital needs, general corporate purposes, operating expenses and core affiliate marketing…

US sports betting platform SharpLink Gaming has filed with the Securities and Exchange Commission (SEC) to offer up to $1 billion in shares of common stock in an effort to increase the holdings of its newly launched Ether treasury.“We intend to use substantially all of the proceeds from this offering to acquire Ether, the native cryptocurrency of the Ethereum blockchain commonly referred to as “ETH,” SharpLink Gaming said in the May 30 filing.SharpLink outlines ETH investing risks“We also intend to use the proceeds from this offering for working capital needs, general corporate purposes, operating expenses and core affiliate marketing operations,”…

CNBC’s Jim Cramer on Friday reviewed recent earnings from teen-focused apparel makers Abercrombie & Fitch and American Eagle Outfitters. While he was more optimistic about the former, he was generally cautious on the group.”I want you to limit your downside with these teen retailers. You never know when a company like this may go from sink and swim to just plain sink, at least for the next quarter,” he said. “But to me, Abercrombie — I think that’s worth buying perhaps as soon as next week.”According to Cramer, teenage consumers are “notoriously fickle,” a dynamic that makes it hard to bet…

Players can watch a Sabrina Carpenter show in Fortnite as many times as they want for a limited amount of time. The Dance with Sabrina event, which is the experience that lets fans access the show, will be available in Fortnite until June 16, right before the end of Fortnite Festival Season 8. Related Fortnite: How to Complete Sabrina Carpenter Quests This guide will show players how they can quickly complete all Sabrina Carpenter event quests and earn an easy 150,000 XP in Fortnite. At the end of each show, three players will be selected to appear in the finale…

New York City Comptroller Brad Lander has criticized Mayor Eric Adams’s proposal to issue municipal bonds backed by Bitcoin, warning that such a move would introduce financial risk and undermine investor confidence.In a May 29 statement, Lander said he would not allow the New York City to issue the crypto-tied debt instrument while he is in office. Lander’s office shares responsibility for debt issuance with the Mayor’s Office of Management and Budget.“Cryptocurrencies are not sufficiently stable to finance our City’s infrastructure, affordable housing, or schools,” the comptroller said, adding that the proposal exposes the city ”to new risks and erode…

By DAVID BAUDER PBS filed suit Friday against President Donald Trump and other administration officials to block his order stripping federal funding from the 330-station public television system, three days after NPR did the same for its radio network. In its lawsuit, PBS relies on similar arguments, saying Trump was overstepping his authority and engaging in “viewpoint discrimination” because of his claim that PBS’ news coverage is biased against conservatives. “PBS disputes those charged assertions in the strongest possible terms,” lawyer Z.W. Julius Chen wrote in the suit, filed in U.S. District Court in Washington. “But regardless of any policy…

President Trump on Friday said he’d consider pardoning embattled rapper Sean “Diddy” Combs, who’s currently on trial in the same Manhattan courtroom where Trump was found liable for sex abuse in 2023. “Nobody’s asked, but I know people are thinking about it,” he told a Fox News reporter in the Oval Office. Combs faces federal charges including sex trafficking and racketeering conspiracy. Jurors have heard testimony in recent weeks that the 55-year-old music mogul brutally abused his ex-girlfriend Cassie Ventura while presiding over a drug-fueled empire of sex and violence. Trump admitted on Friday that he hasn’t been following the trial…