US Crypto Bills Push Digital Assets Closer to Mainstream Finance The cryptocurrency sector is nearing a major breakthrough as several pro-crypto bills progress through the US Congress. This week, the House of Representatives is expected to pass key pieces of legislation that could integrate digital assets more deeply into traditional finance. House Focuses on Stablecoin and Market Structure Laws In what Republicans are calling “crypto week”, lawmakers will vote on bills designed to regulate stablecoins and define how cryptocurrencies are classified under US law. The most significant is the GENIUS Act, which sets federal standards for stablecoins. Stablecoins are digital…
Author: Kanika Sharma
Read More
Diligent Robotics Hires Ex-Cruise Executives to Expand Beyond Hospitals Diligent Robotics has appointed two former senior leaders from robotaxi company Cruise. This move marks a strategic shift as the company aims to broaden its focus beyond hospital logistics. Rashed Haq, previously Cruise’s head of AI and robotics, has joined Diligent as its new Chief Technology Officer. Meanwhile, Todd Brugger, who served as Cruise’s Chief Operations Officer, has been named Diligent’s new Chief Operations Officer. Both bring extensive experience in scaling autonomous technologies. Focus Expands to Wider Commercial Markets Diligent Robotics is known for Moxi, its humanoid robot designed to handle…
Britain Backs Eutelsat with €163 Million Investment Britain plans to invest €163 million ($191 million) in satellite operator Eutelsat. This move will add to a larger cash injection from France, helping the company compete with SpaceX’s Starlink. Europe aims to build stronger capabilities in defence and satellite communications. The push comes after Russia’s invasion of Ukraine and the US’s “America First” policies. France Leads Eutelsat’s Capital Boost French President Emmanuel Macron, during a visit to Britain, thanked London for the investment. However, he did not share the amount in public. France plans to become Eutelsat’s largest shareholder this year. It…
ISRO Successfully Tests Gaganyaan Service Module Propulsion System ISRO has successfully conducted two hot tests of the Gaganyaan Service Module Propulsion System (SMPS) at the ISRO Propulsion Complex (IPRC) in Mahendragiri on July 3, 2025. The tests, held for 30 seconds and 100 seconds, aimed to validate the configuration of the test article. The propulsion system performed normally during both tests, meeting pre-test predictions. Testing Thrusters and Engines in Different Modes During the 100-second test, ISRO demonstrated the simultaneous operation of all Reaction Control System (RCS) thrusters in steady and pulsed modes, along with all Liquid Apogee Motor (LAM) engines.…
M&S Chair Calls for Mandatory Cyberattack Reporting by UK Firms British businesses should be legally required to report significant cyberattacks to authorities, according to the chairman of Marks & Spencer. Archie Norman stated that two major attacks on large UK firms had recently gone unreported, highlighting gaps in cybersecurity oversight. Many Cyberattacks Go Unreported Speaking to the Business and Trade Committee in parliament, Norman explained that many serious cyberattacks are not reported to the National Cyber Security Centre (NCSC). He was giving evidence on the April cyberattack that forced M&S to suspend online shopping for nearly seven weeks. Norman noted,…
Israeli Reservists Drive Defence Tech Innovation Israeli army reservist Zach Bergerson felt compelled to act when he saw soldiers relying only on their eyes and ears to spot enemy drones. At 36, the high-tech professional developed a wearable device that uses mobile phone technology to alert troops to aerial threats. His startup, SkyHoop, has moved from secrecy to piloting in Ukraine, while talks continue for a trial with the US Defence Department. Like many reservists, Bergerson has used his military and civilian expertise to support Israel’s defence industry. New Startups Emerge from Battlefield Experience Following a deadly Hamas attack on…
Wall Street Set for Lower Open as Tariff Tensions Weigh, Tesla Shares Drop Wall Street prepared for a weaker open on Monday as investors remained cautious amid tariff uncertainty, while Tesla shares slid after CEO Elon Musk announced plans to launch a political party. Tariff Uncertainty Keeps Markets Cautious President Donald Trump said on Sunday that the White House is close to finalising several trade agreements and will notify countries of higher tariff rates by 9 July, with the new rates taking effect on 1 August. Trump also threatened an additional 10% tariff on countries aligning with the “Anti-American policies”…
Hawk-Eye Error Sparks Controversy at Wimbledon Wimbledon’s automated line-calling system, hawk-Eye faced criticism on Sunday after a malfunction cost Anastasia Pavlyuchenkova a key point during her last-16 match against Britain’s Sonay Kartal. The incident occurred on Centre Court with the score at 4-4 in the opening set. Pavlyuchenkova reached game point when Kartal hit a shot that appeared clearly long, but there was no out call. Pavlyuchenkova stopped playing, expecting the point to be awarded. Replays Show Error, Point Ordered to Be Replayed Television replays confirmed that Kartal’s shot had landed well out. However, after seeking advice via telephone, umpire…
A Flash in the Darkness During a recent orbital pass over Earth, satellite sensors captured a rare glimpse of sprites – massive, fleeting red flashes that bloom above thunderstorms. Unlike typical lightning, sprites are born in the mesosphere (approximately 50–90 km altitude) and triggered by intense electrical activity in the thunderstorms below. They often take the form of jellyfish-like or carrot-shaped glows and last merely a few milliseconds, making them difficult to study from the ground. So why should we care about these brief atmospheric fireworks when we already track thousands of lightning strikes daily? What Are Sprites, Really? Sprites…
AI Replaces Line Judges at Wimbledon Wimbledon has introduced artificial intelligence to replace most line judges this year. For the first time, the tournament is running on AI line calling without fully dressed judges calling balls in or out. The All England Club has reduced its 300 line judges to only 80. These remaining officials now support chair umpires and step in if the Hawk-Eye Electronic Line Calling system fails. The Hawk-Eye system uses AI to track the ball from up to 18 cameras on the court. It decides if the ball is in or out within seconds. According to…