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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….
The Department of Energy announced today that it would be clawing back $3.7 billion worth of awards made under the Biden administration for clean energy and manufacturing. Large corporations and growing startups were caught up in the decision. Energy secretary Chris Wright said the moves were “due diligence” on the part of the Trump administration….
TL;DR Google is giving AI Pro members access to Veo 3 in the Gemini mobile app. Visible watermarks are being added to AI-generated videos, unless they’re videos made by AI Ultra members using Flow. Now the UK has access to the AI Ultra plan. At Google I/O, the Mountain View-based firm revealed a new Google…
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…
If the adoption of AI feels different from any tech revolution you may have experienced before — mobile, social, cloud computing — it actually is. Venture capitalist Mary Meeker just dropped a 340-page slideshow report — which used the word “unprecedented” on 51 of those pages — to describe the speed at which AI is…
Joe Maring / Android Authority TL;DR Samsung opened up registrations for its One UI 8 beta on Galaxy S25 devices on May 28. After only two days, the beta has already reached max capacity in the US. Those who missed the initial beta registration may have more opportunities in the future. The stable, public release…
The International Monetary Fund (IMF) has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers amid ongoing negotiations tied to the country’s extended financial program. The initiative, announced last week, is designed to attract autonomous miners, blockchain companies, and AI firms to Pakistan. However, the…
The chief executive of the United States Institute of Peace (USIP) says Elon Musk’s Department of Government Efficiency left the nonprofit’s Washington, D.C., headquarters in disarray, full of water damage, rats, and roaches, according to a new sworn statement first reported by Court Watch. The statement from the executive, George Moose, comes just a few…
TL;DR Sony may have outsourced the manufacturing of its flagship phones. The company has removed the term “smartphones” from the list of products on its manufacturing-focused websites in Thailand and China. The Xperia 1 VII is reportedly the first of its premium phones to be made by a third party. Over the years, Sony has…
Key points: Bitcoin is trading back below its recent all-time highs, grilling support at levels it first encountered in late 2024. A “deeper pullback” may result before bulls find the momentum to return to price discovery. Profit-taking lies at the heart of current resistance, analysis says. Bitcoin (BTC) risks a “deeper correction” as the next…