Tech

May, 2025

  • 21 May

    CRCL and IIT Delhi Sign MoU to strengthen scientific capabilities and promote ease of doing business

    The Central Revenues Control Laboratory (CRCL) under the Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Delhi to strengthen India’s trade facilitation efforts and promote innovation in customs testing and scientific regulation. The MoU was formally signed by Prof. Rangan …

  • 21 May

    ₹2,000 crore allocated to establish 72,000 EV public charging stations across India

    Union Minister for Heavy Industries, Shri H.D. Kumaraswamy, today chaired a high-level inter-ministerial coordination meeting with senior officials from the Ministry of Petroleum and Natural Gas, Ministry of Road Transport and Highways, and the Ministry of Heavy Industries to review the progress and accelerate the nationwide rollout of EV charging infrastructure under the PM E-Drive Scheme. Launched under the visionary …

  • 12 May

    Nation’s First Hydrogen Truck Flagged Off in Raipur

    In a landmark step towards green energy and sustainable transportation, India’s first hydrogen-powered heavy-duty truck was officially rolled out on public roads. The vehicle was flagged off by Chhattisgarh Chief Minister Vishnu Deo Sai in Raipur, marking a significant milestone in the country’s clean mobility journey. This revolutionary truck, designed for long-haul freight, is equipped with a hydrogen fuel cell …

  • 7 May

    Metaplanet Acquires 555 BTC for $53M, Raises $25M to Fuel Bitcoin Buying Spree

    In a bold move to expand its cryptocurrency holdings, Metaplanet, a leading digital asset investment firm, has acquired 555 BTC for a total of $53 million, signaling its aggressive stance in the ever-evolving Bitcoin market. To further fuel its purchasing power, the company has also issued $25 million in bonds, aiming to increase its Bitcoin reserves in the coming months. …

  • 7 May

    US Panel Set to Review Trump’s Crypto Ties for Possible Ethical Concerns”

    A U.S. governmental panel is preparing to investigate former President Donald Trump’s involvement in the cryptocurrency space amid growing concerns over potential conflicts of interest and ethical violations. The move comes as the former president’s ventures in the crypto market have raised questions about the intersection of business and politics, particularly regarding the use of his name and brand in …

  • 7 May

    TRUMP Coin Price Prediction: Why May 22 Could Trigger a 10x Rally (Or Total Collapse)

    swings and unpredictable volatility, and TRUMP Coin is no exception. As the digital asset associated with the former U.S. president gears up for a critical date—May 22, 2025—investors are closely watching for any signs that could send its price soaring or crashing. The May 22 Event: A Make-or-Break Moment for TRUMP Coin May 22 is shaping up to be a …

  • 7 May

    Maxine Waters Leaves Crypto Hearing in Protest of Trump Coin Tensions

    In a dramatic turn of events during a high-profile crypto hearing, Rep. Maxine Waters stormed out in protest after a heated discussion surrounding the controversial “Trump Coin.” The congresswoman’s walkout highlights the growing tensions over the intersection of politics and cryptocurrency regulation. The House Financial Services Committee hearing, which was focused on crypto market regulation and the future of digital …

  • 7 May

    Bitwise Breaks Ground: First-Ever NEAR ETF Filed with SEC

    In a major step toward expanding institutional access to emerging Layer-1 blockchains, Bitwise Asset Management has submitted the first-ever ETF application for NEAR Protocol to the U.S. Securities and Exchange Commission (SEC). The proposed Bitwise NEAR Trust would track the performance of NEAR, the native token of the NEAR Protocol—an increasingly popular smart contract platform known for its speed, scalability, …

  • 7 May

    BVNK Secures Visa Backing in $12B Stablecoin Push to Transform U.S. Payments

    In a major milestone for digital finance, global fintech firm BVNK has secured strategic backing from Visa to launch a $12 billion stablecoin initiative aimed at reshaping the U.S. payments landscape. The partnership marks a bold step toward mainstream adoption of blockchain-based financial infrastructure, positioning stablecoins as a credible and scalable alternative to traditional payment rails. With Visa’s global network …

  • 7 May

    Trish Turner Takes Charge of IRS Crypto Amid DOGE Cuts and Staff Exodus

    In a significant leadership shift, Trish Turner has been appointed to head the IRS’s Digital Assets Office, succeeding Sulolit “Raj” Mukherjee and Seth Wilks, who recently departed the agency. This move comes at a time when the IRS is undergoing substantial restructuring under the Department of Government Efficiency (DOGE), led by Elon Musk. Turner, a seasoned IRS veteran with nearly …