Category: Technology

MIL-OSI USA: PRESS RELEASE: DEMOCRATIC STEERING AND POLICY COMMITTEE CO-CHAIRS REP. BARRAGÁN, WASSERMAN SCHULTZ, AND KELLY HOLD HEARING ON IMPACT OF TRUMP TARIFFS ON SMALL BUSINESSES

Source: United States House of Representatives – Representative Nanette Diaz Barragán (CA-44)

FOR IMMEDIATE RELEASE:

May 8, 2025

Contact: Jin.Choi@mail.house.gov

DEMOCRATIC STEERING AND POLICY COMMITTEE CO-CHAIRS REP. BARRAGÁN, WASSERMAN SCHULTZ, AND KELLY HOLD HEARING ON IMPACT OF TRUMP TARIFFS ON SMALL BUSINESSES

Washington, DC – Today, the House Democratic Steering & Policy Co-Chairs, Congresswomen Nanette Barragán (CA-44), Debbie Wasserman Schultz (FL-25), and Robin Kelly (IL-02) led a hearing on the impacts of the Trump Administration’s policies and tariffs on U.S. small businesses. The committee heard from small business owners on how Republican schemes raise their costs and make it difficult to budget, plan, or make ends meet due to rampant federal instability, cutbacks, and tariff threats.

House Democratic Leader Hakeem Jeffries, Democratic Whip Katherine Clark, and Democratic Caucus Chair Pete Aguilar attended the hearing and said Democrats would marshal legislative, legal and community opposition to Republican policies that stifle Main Street merchants and strangle smaller entrepreneurs.

“Small businesses are essential to our economy — they power our communities, create jobs, and make the American Dream possible. But Donald Trump’s reckless tariffs are punishing the very people who keep our economy running. They’re forcing small business owners across the country to make impossible choices — raise prices or shut their doors,” said Rep. Barragán. “When prices go up, working families pay the price. These destructive Republican economic policies do nothing to strengthen our economy, they only lead to job losses and businesses closing their doors.”

“Donald Trump and Republicans, who continue in this Congress to rubber stamp his extreme agenda, are crashing the economy in real time, driving us toward a recession. Why? So that they can provide tax breaks for their billionaire donors like Elon Musk, instead of supporting small businesses,” said Leader Jeffries. “They are knowingly inflicting economic pain on hard-working entrepreneurs and small business owners. It’s unconscionable, unacceptable, and un-American. House Democrats will not quietly stand by while working families, entrepreneurs, middle-class folks, small business owners and everyday Americans are being forced to suffer at the hands of the extreme policies that are being unleashed on the American people. We will continue to push back publicly and aggressively.”

“Small business owners and entrepreneurs keep America’s economy thriving and make life better for their customers and workers,” said Wasserman Schultz. “But Trump’s extreme economic policies have created a chaotic, confusing landscape for small businesses, with huge price hikes and a horizon filled with uncertainty, higher costs and recessionary fears.”

“Small businesses create good jobs and drive innovation — they are they backbone of local economies,” said Kelly. “We heard directly from small business owners who are telling President Trump that his short-sighted tariffs have raised costs and created uncertainty. Simply put, Americans — small business owners, workers, and consumers alike — will pay the cost of President Trump’s trade war at the check-out counter.”

This year, the Steering & Policy Committee has held hearings on Medicaid, SNAP, Social Security and Veterans. Each one shared personal stories of how everyday Americans are being harmed by this administration. To continue to collect and share more of their stories, the Steering & Policy Committee will execute a series of events across the nation in the months ahead to reach the American people where they live and hear from them directly.

The full video of today’s hearing can be found here.

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MIL OSI USA News –

May 20, 2025
MIL-OSI USA: PRESS RELEASE: Congresswoman Barragán Leads Congressional Letter Opposing Trump Administration’s Semiconductor Tariff Proposal

Source: United States House of Representatives – Representative Nanette Diaz Barragán (CA-44)

FOR IMMEDIATE RELEASE
May 8, 2025

Contact: Jin.Choi@mail.house.gov

Congresswoman Barragán Leads Congressional Letter Opposing Trump Administration’s Semiconductor Tariff Proposal

Washington, D.C. – Yesterday, Congresswoman Nanette Barragán (CA-44) led a group of her Democratic colleagues on the House Communications and Technology Subcommittee in calling on President Donald Trump and Commerce Secretary Howard Lutnick to abandon proposals to impose sweeping tariffs on the semiconductor industry.

The letter, signed by House Communications and Technology Subcommittee Ranking Member Doris Matsui and subcommittee members Greg Landsman and Jennifer McClellan, warns that the proposed tariffs would increase costs for consumers, disrupt American manufacturing, undermine U.S. competition, and strain relationships with key international allies—all without achieving the stated goal of boosting domestic production.

“These tariffs will increase the cost of essential technologies like smartphones, laptops, and broadband equipment, and will act as a direct tax on American consumers,” wrote the group of Democratic lawmakers. “The result: reduced productivity, limited access to essential tools, and slower economic growth.”

“Rather than resorting to punitive trade measures that risk backfiring economically and geopolitically, the United States should double down on policies that support domestic semiconductor production and strengthen our long-term competitiveness,” they continued. “We urge you to abandon these ill-conceived tariff plans and instead work with Congress, industry leaders, and international allies to bolster American innovation, secure our supply chains, and build a technology economy that serves American workers and consumers.”

The full text of the letter can be found here and below.

President Trump and Secretary Lutnick:

We have serious concerns with your reported plans to impose sector-specific tariffs on semiconductor products, including chips, telecommunications equipment, and consumer electronics. These tariffs would raise prices for consumers, disrupt American manufacturing, and damage our nation’s global competitiveness—all while failing to meaningfully strengthen national security or domestic production.

These tariffs will increase the cost of essential technologies like smartphones, laptops, and broadband equipment, and will act as a direct tax on American consumers. The result: reduced productivity, limited access to essential tools, and slower economic growth.

The United States currently lacks the capacity to rapidly relocate large-scale technology manufacturing to our country. Structural challenges—including a shortage of workers trained in high-tech manufacturing and underdeveloped semiconductor infrastructure—make such a transition unrealistic in the short term. Tariffs will not solve these issues and could instead deepen them by inflating costs, discouraging investment, and weakening the long-term position of the United States technology industry.

The ongoing uncertainty surrounding this tariff plan has already disrupted financial markets and injected instability into critical sectors of our economy. The technology industry depends on predictable, long-term policy—not abrupt changes that create confusion for investors, suppliers, and businesses.

These tariffs could also provoke diplomatic fallout with some of our most trusted allies. Taiwan, South Korea, Japan, and Malaysia are potential targets for these tariffs. These are all vital partners in our technology supply chains and unnecessary tariffs could jeopardize the resilience of our supply chains and the strategic alliances that have long supported American leadership in innovation.

Additionally, a disruption to American technology imports from allied nations could undermine the Federal Communication Commission’s efforts to implement the Secure and Trusted Networks Reimbursement (“Rip and Replace”) Program. Rip and Replace, which has received strong bipartisan, bicameral support in Congress, strengthens our national security by supporting providers who are working to replace insecure network equipment from Chinese vendors like Huawei and ZTE, while simultaneously maintaining network connectivity for consumers across the country. By disrupting global supply chains and raising the overall cost of replacing network infrastructure, the proposed tariffs could needlessly strain the Rip and Replace program’s budget and delay program implementation.

The consequences of supply chain disruptions would also be particularly acute in the race to deploy 5G infrastructure and to lead in artificial intelligence. Access to cutting-edge components is essential to maintaining leadership in 5G, as well as in AI development. Disrupting access to these components would not only slow American progress but would also give China an unnecessary—and avoidable—strategic advantage.

We are especially alarmed by reports that these tariffs will be enacted under Section 232 of the Trade Expansion Act of 1962, a provision designed to protect national security. This seems incompatible with the imposition of tariffs that damage alliances and delay technological innovation – that would in fact compromise our national security. As the Department of Defense made clear in its 2022 report Securing Defense-Critical Supply Chains, disruptions to allied supply lines—particularly in microelectronics—pose a direct threat to military readiness.

Rather than resorting to punitive trade measures that risk backfiring economically and geopolitically, the United States should double down on policies that support domestic semiconductor production and strengthen our long-term competitiveness. Congress passed the CHIPS and Science Act precisely for this purpose—to revitalize American semiconductor manufacturing, create high-quality union jobs, and reduce our dependence on foreign supply chains, especially those vulnerable to authoritarian influence or geopolitical instability.

We urge you to abandon these ill-conceived tariff plans and instead work with Congress, industry leaders, and international allies to bolster American innovation, secure our supply chains, and build a technology economy that serves American workers and consumers.

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MIL OSI USA News –

May 20, 2025
MIL-OSI: Lightning-Fast Speeds, Massive Capacities: Crucial SSDs Elevate Gaming and Creative Endeavors
Source: GlobeNewswire (MIL-OSI)
- The Crucial T710 sets a new standard with unparalleled Gen5 performance for pro gamers and creators.
- The Crucial X10 portable SSD combines sleek style, functional durability and storage options up to 8TB.
TAIPEI, Taiwan, May 19, 2025 (GLOBE NEWSWIRE) — Today at Computex 2025, Micron Technology, Inc. (Nasdaq: MU) expanded its leadership in consumer storage by unveiling its latest high-performance SSDs — the Crucial T710 PCIe Gen5 NVMe SSD and the Crucial X10 Portable SSD. Forged from years of dedicated research and development, these next-gen SSDs redefine performance standards across the board by pushing the limits of speed, capacity and durability — powering your world at full speed.

“Our fastest Gen5 drive yet, the Crucial T710 SSD turbocharges gaming and creative applications,” said Dinesh Bahal, corporate vice president and general manager of Micron’s Commercial Products Group. “Meanwhile, our X10 portable drive is a powerhouse, effortlessly handling massive backups, games and photo libraries — no matter where life takes you or what it throws your way. These innovations from Crucial underscore our relentless effort to exceed our customers’ storage needs.”

A Media Snippet accompanying this announcement is available by clicking on this link.

Crucial T710: Blazing fast Gen5 speed for gaming and AI

Leveraging cutting-edge NVMe technology and Micron’s G9 NAND, the Crucial T710 delivers unmatched Gen5 performance for pro-level gaming, creative applications and data-intensive tasks like AI. Boasting our best Gen5 speeds to date, it features up to:
- 14,900 megabytes per second (MB/s) sequential read speeds¹
- 13,800 MB/s sequential write speeds¹
- 2.2 million random read speeds¹
- 2.3 million random write speeds ¹
The T710 delivers up to 67% more IOPs per watt than previous-generation Gen5 drives, running faster and cooler and making it ideal for PCs, laptops and workstations. The optional integrated heatsink ensures the T710 stays cool under pressure and capacity options up to 4TB² means users have the storage space they need for their most demanding projects.

The increasing demands of AI applications require robust hardware for optimal performance. With its dramatically increased energy efficiency and decreased latency, the Crucial T710 is perfect for enabling real-time local data processing on AI PCs, with the speed to load a large language model from SSD to memory in under one second.³

Crucial X10: Fast and tough portable storage to expand your digital life

Crucial’s latest portable drive, the X10, delivers read speeds of up to 2,100 MB/s,⁴ twice as fast as its predecessor.⁵ The X10 is designed for users who need a fast, reliable and durable solution to back up and store their most important photos, games, movies, documents and more. With 4TB, 6TB and 8TB⁶ versions available, the Crucial X10 allows users to store massive amounts of data, including up to 500,000 4K photos, 114 games or 2.6 million MP3 files⁷.

With its sleek, matte blue design, the X10 is perfect for content creators, gamers, photography hobbyists and mainstream consumers who require high-speed data transfer and ample storage capacity. Its durable design is IP65 dust- and water-resistant and drop-resistant up to 9.8 feet,⁸ making it a vault for your data — secure, portable and always ready.

The T710 uses Silicon Motion’s SM2508 controller, while the X10 uses the SM2322 controller.

“To meet the evolving demands of next-generation AI PCs, we’ve engineered our industry-leading SM2508 controller to deliver game-changing Gen5 performance combined with significant power savings compared to competitors,” said Nelson Duann, senior vice president of Silicon Motion’s Client & Automotive Storage Business. “Our close technical collaboration with Micron to turbocharge the Crucial T710 will transform the latest notebooks with extreme Gen5 performance that meets the needs of intensive applications like AI, gaming and beyond.”

Availability: The Crucial X10 is now available for purchase through etailers, retailers and global channel partners, while T710 will be available starting in July 2025.

Additional Resources:

About Micron Technology, Inc.

Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND, and NOR memory and storage products through our Micron^® and Crucial^® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

© 2025 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

¹ Typical I/O performance as measured using CrystalDiskMark® with a queue depth of 512 and write cache enabled. Windows 11 Core isolation disabled for performance measurement. Fresh out-of-box (FOB) state is assumed. For performance measurement purposes, the SSD may be restored to FOB state using the secure erase command. System variations will affect measured results.

² Some storage capacity is used for formatting and other purposes and is not available for data storage. 1GB equals 1 billion bytes.

³ As tested in Micron labs using Llama 2 with 13 billion parameters,10.4GB file size and 6-bit quantization vs. the PCIe Gen4 Micron 3500 SSD.

⁴ MB/s speed measured by Crucial as maximum sequential performance of device on a high-performance desktop computer with Crystal Disk Mark (version 8.0.4 for x64). Your performance may vary.

⁵ Comparative speed claims measured against maximum reported speeds from Crucial X9 SSD. Your performance may vary.

⁶ Some storage capacity is used for formatting and other purposes and is not available for data storage. 1GB equals 1 billion bytes.

⁷ Based on average photo size of 6MB, video at 4K/60fps in H264 format at 24GB/hr and 200GB for AAA games.

⁸ Up to 3 meters without impact to data on a carpeted floor.

The MIL Network –
May 20, 2025

MIL-OSI: Qifu Technology Announces First Quarter 2025 Unaudited Financial Results

Source: GlobeNewswire (MIL-OSI)

SHANGHAI, China, May 19, 2025 (GLOBE NEWSWIRE) — Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading AI-empowered Credit-Tech platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2025.

First Quarter 2025 Business Highlights

As of March 31, 2025, our platform has connected 163 financial institutional partners and 268.2 million consumers^*¹ with potential credit needs, cumulatively, an increase of 11.1% from 241.4 million a year ago.
Cumulative users with approved credit lines^*² were 58.4 million as of March 31, 2025, an increase of 11.6% from 52.3 million as of March 31, 2024.
Cumulative borrowers with successful drawdown, including repeat borrowers was 35.5 million as of March 31, 2025, an increase of 13.8% from 31.2 million as of March 31, 2024.
In the first quarter of 2025, financial institutional partners originated 24,401,374 loans^*³ through our platform.
Total facilitation and origination loan volume^*⁴ reached RMB88,883 million, an increase of 15.8% from RMB76,784 million in the same period of 2024 and a decrease of 1.1% from RMB89,885 million in the prior quarter. RMB43,811 million of such loan volume was under capital-light model, Intelligence Credit Engine (“ICE”) and total technology solutions^*5, representing 49.3% of the total, an increase of 15.1% from RMB38,053 million in the same period of 2024 and a decrease of 8.3% from RMB47,796 million in the prior quarter.
Total outstanding loan balance^*⁶ was RMB140,273 million as of March 31, 2025, an increase of 5.5% from RMB132,964 million as of March 31, 2024 and an increase of 2.4% from RMB137,014 million as of December 31, 2024. RMB78,681 million of such loan balance was under capital-light model, “ICE” and total technology solutions, an increase of 11.4% from RMB70,641 million as of March 31, 2024 and a decrease of 1.2% from RMB79,599 million as of December 31, 2024.
The weighted average contractual tenor of loans originated by financial institutions across our platform in the first quarter of 2025 was approximately 10.17 months, compared with 10.10 months in the same period of 2024.
90 day+ delinquency rate^*⁷ of loans originated by financial institutions across our platform was 2.02% as of March 31, 2025.
Repeat borrower contribution^*⁸ of loans originated by financial institutions across our platform for the first quarter of 2025 was 95.1%.

^{1 Refers to cumulative registered users across our platform.}
^{2 “Cumulative users with approved credit lines” refers to the total number of users who had submitted their credit applications and were approved with a credit line at the end of each period.}
^{3 Including 2,022,501 loans across “V-pocket”, and 22,378,873 loans across other products.}
^{4 Refers to the total principal amount of loans facilitated and originated during the given period. Retrospectively excluding the impact of discontinued service, which did not have and is not expected to have a material impact on our overall business, financial condition, and results of operations.}
^{5 “ICE” is an open platform primarily on our “Qifu Jietiao” APP (previously known as “360 Jietiao”), we match borrowers and financial institutions through big data and cloud computing technology on “ICE”, and provide pre-loan investigation report of borrowers. For loans facilitated through “ICE”, the Company does not bear principal risk.}
^{Under total technology solutions, we have been offering end-to-end technology solutions to financial institutions based on on-premise deployment, SaaS or hybrid model since 2023.}
^{6 “Total outstanding loan balance” refers to the total amount of principal outstanding for loans facilitated and originated at the end of each period, excluding loans delinquent for more than 180 days. Retrospectively excluding the impact of discontinued service, which did not have and is not expected to have a material impact on our overall business, financial condition, and results of operations.}
^{7 “90 day+ delinquency rate” refers to the outstanding principal balance of on- and off-balance sheet loans that were 91 to 180 calendar days past due as a percentage of the total outstanding principal balance of on- and off-balance sheet loans across our platform as of a specific date. Loans that are charged-off and loans under “ICE” and total technology solutions are not included in the delinquency rate calculation.}
^{8 “Repeat borrower contribution” for a given period refers to (i) the principal amount of loans borrowed during that period by borrowers who had historically made at least one successful drawdown, divided by (ii) the total loan facilitation and origination volume through our platform during that period.}

First Quarter 2025 Financial Highlights

Total net revenue was RMB4,690.7 million (US$646.4 million), compared to RMB4,482.3 million in the prior quarter.
Net income was RMB1,796.6 million (US$247.6 million), compared to RMB1,912.7 million in the prior quarter.
Non-GAAP^*⁹ net income was RMB1,926.2 million (US$265.4 million), compared to RMB1,972.4 million in the prior quarter.
Net income per fully diluted American depositary share (“ADS”) was RMB12.62 (US$1.74), compared to RMB13.24 in the prior quarter.
Non-GAAP net income per fully diluted ADS was RMB13.53 (US$1.86), compared to RMB13.66 in the prior quarter.

^{9 Non-GAAP income from operations, Non-GAAP net income, Non-GAAP operating margin, Non-GAAP net income margin and Non-GAAP net income per fully diluted ADS are Non-GAAP financial measures. For more information on these Non-GAAP financial measures, please see the section of “Use of Non-GAAP Financial Measures Statement” and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this press release.}

Mr. Haisheng Wu, Chief Executive Officer and Director of Qifu Technology, commented, “First quarter came in stronger than typical seasonal trend despite the ongoing macroeconomic challenges. We observed an increase in users’ activities early in the quarter as public sentiment slightly improved in response to the strong stimulus messages delivered by government officials. However, we remain prudent in our business planning as tariff-related economic uncertainties may persist throughout this year. We will continue to focus on improving the quality and sustainability of our business.

During the quarter, we issued a record amount of ABS as the overall funding environment remained supportive. As a result, the blended funding cost continued to decline sequentially. Approximately 56% of the quarter-end loan balance was under the capital-light model, ICE and total technology solutions, demonstrating the efficiency of our platform services. The contribution from non-credit risk bearing services also continued to help us mitigate certain risks in a challenging environment. During the quarter, nearly half of our new credit line users were acquired through embedded finance partners, which we also refer to as API channels, as we further diversify our user acquisition channels. Loan volumes through the API channels increased significantly in the quarter.

With the growing maturity and efficiency of large language models, we will continue to allocate more resources to the application of AI across our credit service offerings. We expect that these AI-powered tools will not only allow us to serve our users with better offerings at greater efficiency but also enable our financial institution clients to better utilize the cutting-edge AI technologies, through our open platform. We believe these efforts will enable us to better navigate through the current environment and position us well to capture long-term opportunities through innovative technologies, enhanced products and collaborative models.”

“We are pleased to start 2025 with another quarter of solid financial results despite an uncertain macro environment. For the first quarter, total revenue was RMB4.69 billion and Non-GAAP net income was RMB1.93 billion,” Mr. Alex Xu, Chief Financial Officer, commented. “During the quarter, we successfully completed the US$690 million convertible notes offering and it gave us ample resources to accelerate our share repurchase programs. Our strong financial position enables us to consistently execute our strategy, support business initiatives, and enhance returns to our shareholders.”

Mr. Yan Zheng, Chief Risk Officer, added, “In the first quarter, we maintained a relatively stable risk profile as users’ activities came in stronger than normal. Although overall risk performance fluctuated from the best level we achieved in the prior quarter, it remained well within our target range. Among key leading indicators, Day-1 delinquency rate^*10 was 5.0% in the first quarter, and 30-day collection rate^*11 was 88.1%. While macro volatility may induce short-term fluctuation in risk metrics, we look forward to maintaining relatively stable risk performance in the coming quarters as we seek growth opportunities in 2025.”

^{10 “Day-1 delinquency rate” is defined as (i) the total amount of principal that became overdue as of a specified date, divided by (ii) the total amount of principal that was due for repayment as of such specified date.}
^{11 “30-day collection rate” is defined as (i) the amount of principal that was repaid in one month among the total amount of principal that became overdue as of a specified date, divided by (ii) the total amount of principal that became overdue as of such specified date.}

First Quarter 2025 Financial Results

Total net revenue was RMB4,690.7 million (US$646.4 million), compared to RMB4,153.2 million in the same period of 2024, and RMB4,482.3 million in the prior quarter.

Net revenue from Credit Driven Services was RMB3,110.9 million (US$428.7 million), compared to RMB3,016.3 million in the same period of 2024, and RMB2,889.5 million in the prior quarter.

Loan facilitation and servicing fees-capital heavy were RMB429.8 million (US$59.2 million), compared to RMB243.8 million in the same period of 2024 and RMB363.0 million in the prior quarter. The year-over-year increase was primarily due to an increase in capital-heavy loan facilitation volume and longer effective loan tenor. The sequential increase was primarily due to the increase in effective loan tenor.

Financing income^*¹² was RMB1,817.2 million (US$250.4 million), compared to RMB1,535.0 million in the same period of 2024 and RMB1,667.3 million in the prior quarter. The year-over-year and sequential increases were primarily due to the growth in the average outstanding balance of the on-balance-sheet loans.

Revenue from releasing of guarantee liabilities was RMB778.2 million (US$107.2 million), compared to RMB1,166.0 million in the same period of 2024, and RMB761.8 million in the prior quarter. The year-over-year decrease was mainly due to the decrease in the average outstanding balance of off-balance-sheet capital-heavy loans during the period.

Other services fees were RMB85.6 million (US$11.8 million), compared to RMB71.5 million in the same period of 2024, and RMB97.4 million in the prior quarter. The year-over-year and sequential changes reflected the changes in late payment fees under the credit driven services due to changes in collection rates of late paid loans.

Net revenue from Platform Services was RMB1,579.8 million (US$217.7 million), compared to RMB1,136.9 million in the same period of 2024 and RMB1,592.8 million in the prior quarter.

Loan facilitation and servicing fees-capital light were RMB373.7 million (US$51.5 million), compared to RMB502.7 million in the same period of 2024 and RMB515.1 million in the prior quarter. The year-over-year and sequential decreases were primarily due to the decreases in capital-light loan facilitation volume.

Referral services fees were RMB1,004.6 million (US$138.4 million), compared to RMB548.8 million in the same period of 2024 and RMB907.2 million in the prior quarter. The year-over-year and sequential increases were mainly due to the increases in loan facilitation volume through ICE.

Other services fees were RMB201.5 million (US$27.8 million), compared to RMB85.4 million in the same period of 2024 and RMB170.5 million in the prior quarter. The year-over-year and sequential changes reflected trends in other value-added services and late payment fees.

Total operating costs and expenses were RMB2,716.0 million (US$374.3 million), compared to RMB2,789.1 million in the same period of 2024 and RMB2,591.9 million in the prior quarter.

Facilitation, origination and servicing expenses were RMB714.5 million (US$98.5 million), compared to RMB736.0 million in the same period of 2024 and RMB734.7 million in the prior quarter.

Funding costs were RMB122.7 million (US$16.9 million), compared to RMB156.0 million in the same period of 2024 and RMB126.8 million in the prior quarter. The year-over-year and sequential decreases were mainly due to lower average costs of ABS and trusts, partially offsetting by increases in fundings from ABS and trusts.

Sales and marketing expenses were RMB591.5 million (US$81.5 million), compared to RMB415.6 million in the same period of 2024 and RMB523.9 million in the prior quarter. The year-over-year and sequential increases were primarily due to the increase in the allocation of marketing resources to embedded finance channels and content feed advertisements to generate more effective leads.

General and administrative expenses were RMB196.5 million (US$27.1 million), compared to RMB106.4 million in the same period of 2024 and RMB156.1 million in the prior quarter. The year-over-year and sequential increases were primarily due to an increase in share-based compensations.

Provision for loans receivable was RMB823.2 million (US$113.4 million), compared to RMB847.9 million in the same period of 2024 and RMB598.4 million in the prior quarter. The year-over-year decrease reflected the Company’s consistent approach in assessing provisions commensurate with its underlying loan profile. The sequential increase was primarily due to an increase in loan origination volume of on-balance-sheet loans and the Company’s consistent approach in assessing provisions commensurate with its underlying loan profile.

Provision for financial assets receivable was RMB39.9 million (US$5.5 million), compared to RMB99.0 million in the same period of 2024 and RMB63.3 million in the prior quarter. The year-over-year decrease reflected the Company’s consistent approach in assessing provisions commensurate with its underlying loan profile. The sequential decrease was mainly due to the decline in capital-heavy loan facilitation volume.

Provision for accounts receivable and contract assets was RMB68.4 million (US$9.4 million), compared to RMB111.5 million in the same period of 2024 and RMB77.5 million in the prior quarter. The year-over-year and sequential decreases reflected the Company’s consistent approach in assessing provisions commensurate with its underlying loan profile and changes in capital-heavy and capital-light loan facilitation volume.

Provision for contingent liability was RMB159.3 million (US$22.0 million), compared to RMB316.7 million in the same period of 2024 and RMB311.4 million in the prior quarter. The year-over-year and sequential decreases reflected the Company’s consistent approach in assessing provisions commensurate with its underlying loan profile. The sequential decrease also reflected the decline in capital-heavy loan facilitation volume.

Income from operations was RMB1,974.7 million (US$272.1 million), compared to RMB1,364.1 million in the same period of 2024 and RMB1,890.3 million in the prior quarter.

Non-GAAP income from operations was RMB2,104.3 million (US$290.0 million), compared to RMB1,408.7 million in the same period of 2024 and RMB1,950.0 million in the prior quarter.

Operating margin was 42.1%. Non-GAAP operating margin was 44.9%.

Income before income tax expense was RMB2,220.2 million (US$306.0 million), compared to RMB1,526.2 million in the same period of 2024 and RMB1,932.7 million in the prior quarter.

Income taxes expense was RMB423.6 million (US$58.4 million), compared to RMB366.1 million in the same period of 2024 and RMB20.0 million in the prior quarter. The sequential increase was mainly due to the writeback of withholding taxes in the prior quarter related to the Company’s dividend payment and share repurchases, as the Company became eligible to a lower tax rate.

Net income was RMB1,796.6 million (US$247.6 million), compared to RMB1,160.1 million in the same period of 2024 and RMB1,912.7 million in the prior quarter.

Non-GAAP net income was RMB1,926.2 million (US$265.4 million), compared to RMB1,204.8 million in the same period of 2024 and RMB1,972.4 million in the prior quarter.

Net income margin was 38.3%. Non-GAAP net income margin was 41.1%.

Net income attributed to the Company was RMB1,800.2 million (US$248.1 million), compared to RMB1,164.3 million in the same period of 2024 and RMB1,916.6 million in the prior quarter.

Non-GAAP net income attributed to the Company was RMB1,929.8 million (US$265.9 million), compared to RMB1,208.9 million in the same period of 2024 and RMB1,976.4 million in the prior quarter.

Net income per fully diluted ADS was RMB12.62 (US$1.74).

Non-GAAP net income per fully diluted ADS was RMB13.53 (US$1.86).

Weighted average basic ADS used in calculating GAAP net income per ADS was 140.48 million.

Weighted average diluted ADS used in calculating GAAP and non-GAAP net income per ADS was 142.62 million.

Ordinary shares outstanding as of March 31, 2025 was 268,930,496.

^{12 “Financing income” is generated from loans facilitated through the Company’s platform funded by the consolidated trusts and Fuzhou Microcredit, which charge fees and interests from borrowers.}

30 Day+ Delinquency Rate by Vintage and 180 Day+ Delinquency Rate by Vintage

The following charts and tables display the historical cumulative 30 day+ delinquency rates by loan facilitation and origination vintage and 180 day+ delinquency rates by loan facilitation and origination vintage for all loans facilitated and originated through the Company’s platform. Loans under “ICE” and total technology solutions are not included in the 30 day+ charts and the 180 day+ charts:

http://ml.globenewswire.com/Resource/Download/528f864e-af49-4be7-b48b-b2650fa2808a

http://ml.globenewswire.com/Resource/Download/12433d9d-4214-431e-b551-59f682e1ed93

Update on Share Repurchase

On November 19, 2024, the Board approved a share repurchase plan (the “2025 Share Repurchase Plan”) whereby the Company is authorized to repurchase up to US$450 million worth of its ADSs or Class A ordinary shares over the next 12 months starting from January 1, 2025.

As of May 19, 2025, the Company had in aggregate purchased approximately 4.4 million ADSs on the open market for a total amount of approximately US$178 million (inclusive of commissions) at an average price of US$40.2 per ADS pursuant to the 2025 Share Repurchase Plan.

On March 25, 2025, the Board approved a new share repurchase plan (the “March 2025 Share Repurchase Plan”) whereby the Company is authorized to use to the net proceeds from the offering of convertible senior notes due 2030 to repurchase its ADSs and/or Class A ordinary shares, which runs in addition to the Company’s 2025 Share Repurchase Plan. On March 27, 2025, the Company announced the completion of the offering of the convertible senior notes in an aggregate principal amount of US$690 million due 2030. Concurrently with the pricing of this offering, the Company repurchased approximately 5.1 million ADSs with an aggregate value of approximately US$227 million at a price of US$44.23 per ADS. The Company expects to use the remaining net proceeds, which is approximately US$450 million, from the offering of the convertible senior notes to repurchase additional ADSs and/or Class A ordinary shares on the open market and/or through other means from time to time under the March 2025 Share Repurchase Plan.

Business Outlook

As macro-economic uncertainties persist, the Company intends to maintain a prudent approach in its business planning for 2025. Management will continue to focus on enhancing efficiency of the Company’s operations. As such, for the second quarter of 2025, the Company expects to generate a net income between RMB1.65 billion and RMB1.75 billion and a non-GAAP net income^*1³ between RMB1.75 billion and RMB1.85 billion, representing a year-on-year growth between 24% and 31%. This outlook reflects the Company’s current and preliminary views, which is subject to material changes.

^{13 Non-GAAP net income represents net income excluding share-based compensation expenses.}

Conference Call Preregistration

Qifu Technology’s management team will host an earnings conference call at 8:30 PM U.S. Eastern Time on Monday, May 19, 2025 (8:30 AM Beijing Time on Tuesday, May 20, 2025).

All participants wishing to join the conference call must pre-register online using the link provided below.

Registration Link: https://s1.c-conf.com/diamondpass/10047043-kj87y6.html

Upon registration, each participant will receive details for the conference call, including dial-in numbers and a unique access PIN. Please dial in 10 minutes before the call is scheduled to begin.

Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of the Company’s website at https://ir.qifu.tech.

About Qifu Technology

Qifu Technology is a leading AI-empowered Credit-Tech platform in China. By leveraging its sophisticated machine learning models and data analytics capabilities, the Company provides a comprehensive suite of technology services to assist financial institutions and consumers and SMEs in the loan lifecycle, ranging from borrower acquisition, preliminary credit assessment, fund matching and post-facilitation services. The Company is dedicated to making credit services more accessible and personalized to consumers and SMEs through Credit-Tech services to financial institutions.

For more information, please visit: https://ir.qifu.tech.

Use of Non-GAAP Financial Measures Statement

To supplement our financial results presented in accordance with U.S. GAAP, we use Non-GAAP financial measure, which is adjusted from results based on U.S. GAAP to exclude share-based compensation expenses. Reconciliations of our Non-GAAP financial measures to our U.S. GAAP financial measures are set forth in tables at the end of this earnings release, which provide more details on the Non-GAAP financial measures.

We use Non-GAAP income from operation, Non-GAAP operating margin, Non-GAAP net income, Non-GAAP net income margin, Non-GAAP net income attributed to the Company and Non-GAAP net income per fully diluted ADS in evaluating our operating results and for financial and operational decision-making purposes. Non-GAAP income from operation represents income from operation excluding share-based compensation expenses. Non-GAAP operating margin is equal to Non-GAAP income from operation divided by total net revenue. Non-GAAP net income represents net income excluding share-based compensation expenses. Non-GAAP net income margin is equal to Non-GAAP net income divided by total net revenue. Non-GAAP net income attributed to the Company represents net income attributed to the Company excluding share-based compensation expenses. Non-GAAP net income per fully diluted ADS represents net income excluding share-based compensation expenses per fully diluted ADS. Such adjustments have no impact on income tax. We believe that Non-GAAP income from operation, Non-GAAP operating margin, Non-GAAP net income, Non-GAAP net income margin, Non-GAAP net income attributed to the Company and Non-GAAP net income per fully diluted ADS help identify underlying trends in our business that could otherwise be distorted by the effect of certain expenses that we include in results based on U.S. GAAP. We believe that Non-GAAP income from operation and Non-GAAP net income provide useful information about our operating results, enhance the overall understanding of our past performance and future prospects and allow for greater visibility with respect to key metrics used by our management in its financial and operational decision-making. Our Non-GAAP financial information should be considered in addition to results prepared in accordance with U.S. GAAP, but should not be considered a substitute for or superior to U.S. GAAP results. In addition, our calculation of Non-GAAP financial information may be different from the calculation used by other companies, and therefore comparability may be limited.

Exchange Rate Information

This announcement contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB 7.2567 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System as of March 31, 2025.

Safe Harbor Statement

Any forward-looking statements contained in this announcement are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. Qifu Technology may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in announcements made on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including the Company’s business outlook, beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, which factors include but not limited to the following: the Company’s growth strategies, changes in laws, rules and regulatory environments, the recognition of the Company’s brand, market acceptance of the Company’s products and services, trends and developments in the credit-tech industry, governmental policies relating to the credit-tech industry, general economic conditions in China and around the globe, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks and uncertainties is included in Qifu Technology’s filings with the SEC and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and Qifu Technology does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

Qifu Technology
E-mail: ir@360shuke.com

Unaudited Condensed Consolidated Balance Sheets (Amounts in thousands of Renminbi (“RMB”) and U.S. dollars (“USD”) except for number of shares and per share data, or otherwise noted)

	December 31,	March 31,	March 31,
	2024	2025	2025
	RMB	RMB	USD
ASSETS
Current assets:
Cash and cash equivalents	4,452,416	8,578,822	1,182,193
Restricted cash	2,353,384	3,236,427	445,992
Short term investments	3,394,073	2,040,269	281,157
Security deposit prepaid to third-party guarantee companies	162,617	173,437	23,900
Funds receivable from third party payment service providers	462,112	347,416	47,875
Accounts receivable and contract assets, net	2,214,530	2,316,593	319,235
Financial assets receivable, net	1,553,912	1,530,084	210,851
Amounts due from related parties	8,510	3,242	447
Loans receivable, net	26,714,428	30,675,633	4,227,215
Prepaid expenses and other assets	1,464,586	1,510,818	208,196
Total current assets	42,780,568	50,412,741	6,947,061
Non-current assets:
Accounts receivable and contract assets, net-noncurrent	27,132	20,004	2,757
Financial assets receivable, net-noncurrent	170,779	189,379	26,097
Amounts due from related parties	51	39	5
Loans receivable, net-noncurrent	2,537,749	2,314,826	318,992
Property and equipment, net	362,774	405,926	55,938
Land use rights, net	956,738	951,557	131,128
Intangible assets	11,818	11,420	1,574
Goodwill	42,414	42,407	5,844
Deferred tax assets	1,206,325	1,244,757	171,532
Other non-current assets	36,270	34,112	4,701
Total non-current assets	5,352,050	5,214,427	718,568
TOTAL ASSETS	48,132,618	55,627,168	7,665,629

LIABILITIES AND EQUITY
Current liabilities:
Payable to investors of the consolidated trusts-current	8,188,454	6,541,069	901,383
Accrued expenses and other current liabilities	2,492,921	3,337,707	459,948
Amounts due to related parties	67,495	48,442	6,675
Short term loans	1,369,939	1,219,431	168,042
Guarantee liabilities-stand ready	2,383,202	2,377,408	327,616
Guarantee liabilities-contingent	1,820,350	1,794,747	247,323
Income tax payable	1,040,687	1,054,537	145,319
Other tax payable	109,161	3,897	537
Total current liabilities	17,472,209	16,377,238	2,256,843
Non-current liabilities:
Deferred tax liabilities	439,435	569,734	78,511
Payable to investors of the consolidated trusts-noncurrent	5,719,600	10,354,000	1,426,819
Convertible senior notes	–	4,912,524	676,964
Other long-term liabilities	255,155	297,730	41,028
Total non-current liabilities	6,414,190	16,133,988	2,223,322
TOTAL LIABILITIES	23,886,399	32,511,226	4,480,165
TOTAL QIFU TECHNOLOGY INC EQUITY	24,190,043	23,063,344	3,178,216
Noncontrolling interests	56,176	52,598	7,248
TOTAL EQUITY	24,246,219	23,115,942	3,185,464
TOTAL LIABILITIES AND EQUITY	48,132,618	55,627,168	7,665,629

Unaudited Condensed Consolidated Statements of Operations (Amounts in thousands of Renminbi (“RMB”) and U.S. dollars (“USD”) except for number of shares and per share data, or otherwise noted)

	Three months ended March 31,
	2024	2025	2025
	RMB	RMB	USD
Credit driven services	3,016,282	3,110,866	428,690
Loan facilitation and servicing fees-capital heavy	243,766	429,775	59,225
Financing income	1,534,986	1,817,221	250,420
Revenue from releasing of guarantee liabilities	1,166,018	778,222	107,242
Other services fees	71,512	85,648	11,803
Platform services	1,136,901	1,579,831	217,706
Loan facilitation and servicing fees-capital light	502,715	373,709	51,498
Referral services fees	548,824	1,004,622	138,441
Other services fees	85,362	201,500	27,767
Total net revenue	4,153,183	4,690,697	646,396
Facilitation, origination and servicing	736,026	714,492	98,460
Funding costs	155,963	122,657	16,903
Sales and marketing	415,617	591,495	81,510
General and administrative	106,415	196,482	27,076
Provision for loans receivable	847,921	823,187	113,438
Provision for financial assets receivable	99,003	39,863	5,493
Provision for accounts receivable and contract assets	111,473	68,445	9,432
Provision for contingent liabilities	316,664	159,343	21,958
Total operating costs and expenses	2,789,082	2,715,964	374,270
Income from operations	1,364,101	1,974,733	272,126
Interest income, net	50,058	67,774	9,340
Foreign exchange gain	82	2,123	293
Other income, net	111,968	175,600	24,198
Income before income tax expense	1,526,209	2,220,230	305,957
Income taxes expense	(366,065)	(423,631)	(58,378)
Net income	1,160,144	1,796,599	247,579
Net loss attributable to noncontrolling interests	4,143	3,576	493
Net income attributable to ordinary shareholders of the Company	1,164,287	1,800,175	248,072
Net income per ordinary share attributable to ordinary shareholders of Qifu Technology, Inc.
Basic	3.73	6.41	0.88
Diluted	3.65	6.31	0.87

Net income per ADS attributable to ordinary shareholders of Qifu Technology, Inc.
Basic	7.46	12.82	1.76
Diluted	7.30	12.62	1.74

Weighted average shares used in calculating net income per ordinary share
Basic	312,027,192	280,958,513	280,958,513
Diluted	318,915,157	285,237,588	285,237,588

Unaudited Condensed Consolidated Statements of Cash Flows (Amounts in thousands of Renminbi (“RMB”) and U.S. dollars (“USD”) except for number of shares and per share data, or otherwise noted)

	Three months ended March 31,
	2024	2025	2025
	RMB	RMB	USD
Net cash provided by operating activities	1,958,267	2,805,685	386,634
Net cash used in investing activities	(3,138,175)	(3,240,186)	(446,510)
Net cash provided by financing activities	1,775,409	5,449,071	750,902
Effect of foreign exchange rate changes	2,095	(5,121)	(705)
Net increase in cash and cash equivalents	597,596	5,009,449	690,321
Cash, cash equivalents, and restricted cash, beginning of period	7,558,997	6,805,800	937,864
Cash, cash equivalents, and restricted cash, end of period	8,156,593	11,815,249	1,628,185

Unaudited Condensed Consolidated Statements of Comprehensive Income/(Loss) (Amounts in thousands of Renminbi (“RMB”) and U.S. dollars (“USD”) except for number of shares and per share data, or otherwise noted)

	Three months ended March 31,
	2024	2025	2025
	RMB	RMB	USD
Net income	1,160,144	1,796,599	247,579
Other comprehensive income, net of tax of nil:
Foreign currency translation adjustment	2,010	(15,362)	(2,117)
Other comprehensive income (loss)	2,010	(15,362)	(2,117)
Total comprehensive income	1,162,154	1,781,237	245,462
Comprehensive loss attributable to noncontrolling interests	4,143	3,576	493
Comprehensive income attributable to ordinary shareholders	1,166,297	1,784,813	245,955

Unaudited Reconciliations of GAAP and Non-GAAP Results (Amounts in thousands of Renminbi (“RMB”) and U.S. dollars (“USD”) except for number of shares and per share data, or otherwise noted)

	Three months ended March 31,
	2024	2025	2025
	RMB	RMB	USD
Reconciliation of Non-GAAP Net Income to Net Income
Net income	1,160,144	1,796,599	247,579
Add: Share-based compensation expenses	44,645	129,614	17,861
Non-GAAP net income	1,204,789	1,926,213	265,440
GAAP net income margin	27.9%	38.3%
Non-GAAP net income margin	29.0%	41.1%

Net income attributable to shareholders of Qifu Technology, Inc.	1,164,287	1,800,175	248,072
Add: Share-based compensation expenses	44,645	129,614	17,861
Non-GAAP net income attributable to shareholders of Qifu Technology, Inc.	1,208,932	1,929,789	265,933
Weighted average ADS used in calculating net income per ordinary share for both GAAP and non-GAAP EPS – diluted	159,457,579	142,618,794	142,618,794
Net income per ADS attributable to ordinary shareholders of Qifu Technology, Inc. – diluted	7.30	12.62	1.74
Non-GAAP net income per ADS attributable to ordinary shareholders of Qifu Technology, Inc. – diluted	7.58	13.53	1.86

Reconciliation of Non-GAAP Income from operations to Income from operations
Income from operations	1,364,101	1,974,733	272,126
Add: Share-based compensation expenses	44,645	129,614	17,861
Non-GAAP Income from operations	1,408,746	2,104,347	289,987
GAAP operating margin	32.8%	42.1%
Non-GAAP operating margin	33.9%	44.9%

The MIL Network –

May 20, 2025

MIL-OSI USA: Reconciliation Recommendations of the House Committee on the Judiciary

Source: US Congressional Budget Office

Legislation Summary

H. Con. Res. 14, the Concurrent Resolution on the Budget for Fiscal Year 2025, instructed the House Committee on the Judiciary to recommend legislative changes that would increase deficits up to a specified amount over the 2025-2034 period. As part of the reconciliation process, the House Committee on the Judiciary approved legislation on April 30, 2025, with provisions that would increase deficits.

Estimated Federal Cost

The reconciliation recommendations of the House Committee on the Judiciary would increase deficits by $6.9 billion over the 2025-2034 period. The estimated budgetary effects of the legislation are shown in Table 1. The costs of the legislation fall within budget functions 150 (international affairs), 600 (income security), and 750 (administration of justice).

Return to Reference

Table 1. Estimated Budgetary Effects of Reconciliation Recommendations Title VII, House Committee on the Judiciary, as Ordered Reported on April 30, 2025
	By Fiscal Year, Millions of Dollars
	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034	2025-2029	2025-2034
	Increases or Decreases (-) in Direct Spending
Budget Authority	81,395	-354	-667	-605	-703	-789	-871	-912	-990	-1,113	79,066	74,391
Estimated Outlays	*	6,467	10,273	15,082	18,799	13,657	8,207	2,625	-530	-1,122	50,621	73,458
	Increases in Revenues
Estimated Revenues	0	4,533	5,916	6,193	6,990	8,004	8,397	8,635	8,872	9,008	23,632	66,548
	Net Increase or Decrease (-) in the Deficit From Changes in Direct Spending and Revenues
Effect on the Deficit	*	1,934	4,357	8,889	11,809	5,653	-190	-6,010	-9,402	-10,130	26,989	6,910

Basis of Estimate

For this estimate, CBO assumes that the legislation will be enacted in summer 2025. CBO’s estimates are relative to its January 2025 baseline and cover the period from 2025 through 2034. Outlays of directly appropriated amounts were estimated using historical obligation and spending rates for similar programs. The estimates account for judicial decisions and administrative actions through April 10, 2025.

Subtitle A. Immigration Matters

Subtitle A would impose new or modify existing fees on aliens (non-U.S. nationals) seeking benefits under the Immigration and Nationality Act (INA). Under the legislation, a portion of those fees would remain available to certain agencies to spend without further appropriation; the remaining amounts would be deposited in the Treasury. Subtitle A also would directly appropriate $81.4 billion in total to the Department of Health and Human Services (HHS), Department of Homeland Security (DHS), and Department of Justice (DOJ) for increased immigration enforcement and other activities. CBO estimates that enacting subtitle A would increase direct spending outlays by $73.5 billion and increase revenues by $66.5 billion over the 2025-2034 period (see Table 2).

Part 1. Immigration Fees

The legislation would impose fees on aliens for undertaking various activities, including applying for or renewing certain travel or work authorization documents, and applying for other benefits under the INA. Under current law, the Department of State adjudicates requests for visas from aliens abroad; U.S. Citizenship and Immigration Services (USCIS) adjudicates requests for benefits under the INA for aliens who are physically present in the United States. Fees also can be assessed by Customs and Border Protection (CBP), for inspections of people at ports of entry, and by the Executive Office of Immigration Review (EOIR), which oversees removal proceedings and adjudicates requests from aliens in immigration court. Under current law, those agencies can charge fees to cover the costs of providing services. Any new fees collected under the legislation would be additional to collections under current law.

A portion of some fees under the legislation would be made available to the Department of State, CBP, EOIR, HHS, Immigration and Customs Enforcement (ICE), and USCIS; those amounts could be spent without further appropriation. Beginning in 2027, CBO estimates that some of that spending would be subject to sequestration.

The legislation specifies fee amounts for 2025. In subsequent years, some amounts would increase based on the consumer price index for all urban consumers. The legislation would prohibit any fees from being waived or reduced.

Indirect taxes and regulatory fees tend to reduce collections of income and payroll taxes. As a result, CBO expects that most of the new fee collections would be partially offset by decreases in tax receipts of about 25 percent of the gross fee collections each year. Unless otherwise noted in the estimates below, that offset is applied to the estimated revenues for each fee.

CBO’s estimates of the number of people who would pay the fees are based on a January 2025 demographic and economic forecast. Where applicable, those projections were adjusted to account for executive actions and judicial decisions undertaken as of April 10, 2025. Those include ending the use of various categorical parole programs; terminating parole for people who arrived under the Parole Process for Cubans, Haitians, Nicaraguans, and Venezuelans; and terminating the 2023 designation of Temporary Protected Status (TPS) for Venezuelan nationals physically present before October 3, 2023. CBO’s estimates also are based on historical trends in filing volume and recent trends in inflows of other foreign nationals since January 2025. Where applicable, CBO’s estimates also account for applicants’ and petitioners’ responses to the fees that would be imposed under the legislation.

Asylum Fee. Section 70002 would impose a $1,000 fee on aliens applying for asylum. CBO estimates that about 4 million people will apply for asylum over the 2025-2034 period, increasing revenues by $2.3 billion under this section for the same period. Some of those fees would be made available to EOIR and USCIS to retain and spend without further appropriation. CBO estimates that the provision would increase outlays by $1.5 billion over the 2025-2034 period. On net, CBO estimates that enacting this section would decrease the deficit by $784 million over the 2025-2034 period. (Under current law, aliens in removal proceedings can file defensive asylum applications with EOIR; others can file affirmative asylum applications with USCIS. Under this provision, 50 percent of the fees collected from defensive asylum applications would be made available to EOIR and 50 percent of the fees collected from affirmative asylum applications would be made available to USCIS.)

Employment Authorization Document Fees. Section 70003 would impose a $550 fee on certain aliens applying for initial work authorization. The fee would apply to asylum applicants, parolees, and people granted TPS. Of the fees collected from asylum applicants, 25 percent would be made available to USCIS to retain and spend without further appropriation.

CBO estimates that about 3 million asylum applicants, 225,000 parolees, and fewer than 1,000 TPS beneficiaries will apply for initial work authorization over the 2025-2034 period, increasing revenues under this provision by $1.4 billion over the same period. CBO also estimates that the provision would increase outlays by $413 million over the 2025‑2034 period. On net, CBO estimates that enacting the provision would decrease Erich Dvorak (for nonimmigration matters)

Estimate Reviewed By

Elizabeth Cove Delisle
Chief, Income Security Cost Estimates Unit

Ann E. Futrell
Acting Chief, Natural and Physical Resources Cost Estimates Unit

Justin Humphrey
Chief, Finance, Housing, and Education Cost Estimates Unit

Joshua Shakin
Chief, Revenue Projections Unit

Kathleen FitzGerald
Chief, Public and Private Mandates Unit

Christina Hawley Anthony
Deputy Director of Budget Analysis

H. Samuel Papenfuss
Deputy Director of Budget Analysis

Chad Chirico
Director of Budget Analysis

Phillip L. Swagel

Director, Congressional Budget Office

[Table 2 begins on the next page.]

Authorization Document Fees

Budget Authority

241

432

Estimated Outlays

219

413

Sec. 70007, Unaccompanied
Alien Child Sponsor Fee

Budget Authority

174

Estimated Outlays

163

Sec. 70009, Form I-94 Fee

Budget Authority

-702

-1,012

-1,063

-1,131

-1,204

-1,283

-1,355

-1,442

-1,544

-3,908

-10,736

Estimated Outlays

-746

-1,016

-1,066

-1,135

-1,208

-1,287

-1,369

-1,457

-1,550

-3,963

-10,834

Sec. 70015, Diversity Immigrant
Visa Fees

Budget Authority

143

137

149

152

155

158

166

170

169

581

1,399

Estimated Outlays

108

143

150

153

156

159

163

166

472

1,269

Sec. 70016, EOIR Fees

Budget Authority

145

366

Estimated Outlays

125

341

Sec. 70017, ESTA Fee

Budget Authority

-80

-10

116

123

129

136

146

155

159

149

874

Estimated Outlays

-26

-38

123

130

136

144

152

716

Sec. 70018, Immigration User Fees

Budget Authority

-96

-152

-132

-134

-137

-140

-128

-131

-148

-514

-1,198

Estimated Outlays

-194

-174

-140

-137

-139

-142

-145

-148

-151

-645

-1,370

Sec. 70019, EVUS Fee

Budget Authority

150

Estimated Outlays

129

(Continued)

Table 2. Estimated Changes in Direct Spending and Revenues Under Reconciliation Recommendations Title VII, House Committee on the Judiciary, as Ordered Reported on April 30, 2025 (Continued)
	By Fiscal Year, Millions of Dollars
	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034	2025-2029	2025-2034
	Increases or Decreases (-) in Direct Spending
Part 2. Use of Funds
Sec. 70100, Executive Office for Immigration Review
Budget Authority	1,250	0	0	0	0	0	0	0	0	0	1,250	1,250
Estimated Outlays	*	47	153	322	553	144	31	0	0	0	1,075	1,250
Sec. 70101, Adult Alien Detention Capacity and Family Residential Centers
Budget Authority	45,000	0	0	0	0	0	0	0	0	0	45,000	45,000
Estimated Outlays	*	4,000	6,900	9,550	11,500	7,050	4,200	1,800	0	0	31,950	45,000
Sec. 70102, Retention and Signing Bonuses for U.S. Immigration and Customs Enforcement Personnel
Budget Authority	858	0	0	0	0	0	0	0	0	0	858	858
Estimated Outlays	*	77	86	101	126	206	238	24	0	0	390	858
Sec. 70103, Hiring of Additional U.S. Immigration and Customs Enforcement Personnel
Budget Authority	8,000	0	0	0	0	0	0	0	0	0	8,000	8,000
Estimated Outlays	*	320	700	1,100	1,500	2,220	1,720	360	80	0	3,620	8,000
Sec. 70104, U.S. Immigration and Customs Enforcement Hiring Capability
Budget Authority	600	0	0	0	0	0	0	0	0	0	600	600
Estimated Outlays	*	390	120	90	0	0	0	0	0	0	600	600
Sec. 70105, Transportation and Removal Operations
Budget Authority	14,400	0	0	0	0	0	0	0	0	0	14,400	14,400
Estimated Outlays	*	625	1,561	2,538	3,575	3,068	1,853	935	245	0	8,299	14,400
Sec. 70106, Information Technology Investments
Budget Authority	700	0	0	0	0	0	0	0	0	0	700	700
Estimated Outlays	*	7	40	84	160	196	115	70	28	0	291	700
Sec. 70107, Facilities Upgrades
Budget Authority	550	0	0	0	0	0	0	0	0	0	550	550
Estimated Outlays	*	6	30	66	128	154	92	52	22	0	230	550
Sec. 70108, Fleet Modernization
Budget Authority	250	0	0	0	0	0	0	0	0	0	250	250
Estimated Outlays	*	20	44	70	69	35	12	0	0	0	203	250
Sec. 70109, Promoting Family Unity
Budget Authority	20	0	0	0	0	0	0	0	0	0	20	20
Estimated Outlays	*	16	3	1	0	0	0	0	0	0	20	20
											(Continued)

Table 2. Estimated Changes in Direct Spending and Revenues Under Reconciliation Recommendations Title VII, House Committee on the Judiciary, as Ordered Reported on April 30, 2025 (Continued)
	By Fiscal Year, Millions of Dollars
	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034	2025-2029	2025-2034
	Increases or Decreases (-) in Direct Spending
Sec. 70110, Funding Section 287(G) of the Immigration and Nationality Act
Budget Authority	650	0	0	0	0	0	0	0	0	0	650	650
Estimated Outlays	*	50	105	165	190	100	40	0	0	0	510	650
Sec. 70111, Compensation for Incarceration of Criminal Aliens
Budget Authority	950	0	0	0	0	0	0	0	0	0	950	950
Estimated Outlays	*	9	142	285	256	190	29	19	10	10	692	950
Sec. 70112, Office of the Principal Legal Advisor
Budget Authority	1,320	0	0	0	0	0	0	0	0	0	1,320	1,320
Estimated Outlays	*	56	115	183	245	369	281	59	12	0	599	1,320
Sec. 70113, Return of Aliens Arriving From Contiguous Territory
Budget Authority	500	0	0	0	0	0	0	0	0	0	500	500
Estimated Outlays	*	275	150	75	0	0	0	0	0	0	500	500
Sec. 70114, State and Local Participation in Homeland Security Efforts
Budget Authority	787	0	0	0	0	0	0	0	0	0	787	787
Estimated Outlays	*	394	236	157	0	0	0	0	0	0	787	787
Sec. 70115, Unaccompanied Alien Children Capacity
Budget Authority	3,000	0	0	0	0	0	0	0	0	0	3,000	3,000
Estimated Outlays	*	90	180	450	600	600	450	270	120	0	1,320	2,760
Sec. 70116, Department of Homeland Security Criminal and Gang Checks for Unaccompanied Alien Children
Budget Authority	20	0	0	0	0	0	0	0	0	0	20	20
Estimated Outlays	*	16	3	1	0	0	0	0	0	0	20	20
Sec. 70117, Department of Health and Human Services Criminal and Gang Checks for Unaccompanied Alien Children
Budget Authority	20	0	0	0	0	0	0	0	0	0	20	20
Estimated Outlays	*	4	6	6	4	0	0	0	0	0	20	20
Sec. 70118, Information about Sponsors and Adult Residents of Sponsor Households
Budget Authority	50	0	0	0	0	0	0	0	0	0	50	50
Estimated Outlays	*	10	15	15	10	0	0	0	0	0	50	50
											(Continued)

Table 2. Estimated Changes in Direct Spending and Revenues Under Reconciliation Recommendations Title VII, House Committee on the Judiciary, as Ordered Reported on April 30, 2025 (Continued)
	By Fiscal Year, Millions of Dollars
	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034	2025-2029	2025-2034
	Increases or Decreases (-) in Direct Spending
Sec. 70119, Repatriation of Unaccompanied Alien Children
Budget Authority	100	0	0	0	0	0	0	0	0	0	100	100
Estimated Outlays	*	80	15	5	0	0	0	0	0	0	100	100
Sec. 70120, United States Secret Service
Budget Authority	1,170	0	0	0	0	0	0	0	0	0	1,170	1,170
Estimated Outlays	*	61	188	333	469	94	25	0	0	0	1,051	1,170
Sec. 70121, Combating Drug Trafficking and Illegal Drug Use
Budget Authority	500	0	0	0	0	0	0	0	0	0	500	500
Estimated Outlays	*	350	100	50	0	0	0	0	0	0	500	500
Sec. 70122, Investigating and Prosecuting Immigration Related Matters
Budget Authority	600	0	0	0	0	0	0	0	0	0	600	600
Estimated Outlays	*	128	150	150	150	22	0	0	0	0	578	600
Sec. 70123, Expedited Removal for Criminal Aliens
Budget Authority	75	0	0	0	0	0	0	0	0	0	75	75
Estimated Outlays	*	60	11	4	0	0	0	0	0	0	75	75
Sec. 70124, Removal of Certain Criminal Aliens Without Further Hearing
Budget Authority	25	0	0	0	0	0	0	0	0	0	25	25
Estimated Outlays	*	20	4	1	0	0	0	0	0	0	25	25
Subtitle C. Other Matters
Sec. 70300, Limitation on Donations Made Pursuant to Settlement Agreements to Which the United States Is a Party
Budget Authority	a	a	a	a	a	a	a	a	a	a	a	a
Estimated Outlays	a	a	a	a	a	a	a	a	a	a	a	a
Total Changes
Budget Authority	81,395	-354	-667	-605	-703	-789	-871	-912	-990	-1,113	79,066	74,391
Estimated Outlays	*	6,467	10,273	15,082	18,799	13,657	8,207	2,625	-530	-1,122	50,621	73,458
											(Continued)

Table 2. Estimated Changes in Direct Spending and Revenues Under Reconciliation Recommendations Title VII, House Committee on the Judiciary, as Ordered Reported on April 30, 2025 (Continued)
	By Fiscal Year, Millions of Dollars
	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034	2025-2029	2025-2034
	Increases and Decreases (-) in Revenues
Subtitle A. Immigration Matters
Part 1. Immigration Fees
Sec. 70002, Asylum Fee
Estimated Revenues	0	356	361	287	244	219	206	198	195	194	1,248	2,260
Sec. 70003, Employment Authorization Document Fees
Estimated Revenues	0	234	205	167	148	134	125	120	118	116	754	1,367
Sec. 70004, Parole Fee
Estimated Revenues	0	4	5	5	5	6	6	6	6	6	19	49
Sec. 70005, Special Immigrant Juvenile Fee
Estimated Revenues	0	2	2	2	2	2	2	2	2	2	8	18
Sec. 70006, Temporary Protected Status Fee
Estimated Revenues	0	126	212	154	155	209	142	162	205	139	647	1,504
Sec. 70007, Unaccompanied Alien Child Sponsor Fee
Estimated Revenues	0	68	69	53	51	52	53	54	56	57	241	513
Sec. 70008, Visa Integrity Fee
Estimated Revenues	0	2,154	2,992	3,115	3,080	3,216	3,355	3,499	3,646	3,798	11,341	28,855
Sec. 70010, Yearly Asylum Fee
Estimated Revenues	0	0	0	0	61	118	231	231	233	237	61	1,111
Sec. 70011, Fee for Continuances Granted in Immigration Court Proceedings
Estimated Revenues	0	30	41	42	43	44	45	46	47	48	156	386
Sec. 70012, Fee Relating to Renewal and Extension of Employment Authorization for Parolees
Estimated Revenues	0	*	*	*	*	*	*	*	*	*	*	*
Sec. 70013, Fee Relating to Termination, Renewal, and Extension of Employment Authorization for Asylum Applicants
Estimated Revenues	0	313	489	622	1,462	1,984	2,155	2,200	2,205	2,211	2,886	13,641
Sec. 70014, Fee Relating to Renewal and Extension of Employment Authorization for Aliens Granted Temporary Protected Status
Estimated Revenues	0	229	364	549	546	543	538	534	531	526	1,688	4,360
											(Continued)

Table 2. Estimated Changes in Direct Spending and Revenues Under Reconciliation Recommendations Title VII, House Committee on the Judiciary, as Ordered Reported on April 30, 2025 (Continued)
	By Fiscal Year, Millions of Dollars
	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034	2025-2029	2025-2034
	Increases and Decreases (-) in Revenues
Sec. 70015, Diversity Immigrant Visa Fees
Estimated Revenues	0	703	717	734	750	766	783	800	817	835	2,904	6,905
Sec. 70016, EOIR Fees
Estimated Revenues	0	76	104	107	109	112	114	116	118	121	396	977
Sec. 70017, ESTA Fee
Estimated Revenues	0	0	208	288	299	571	592	603	626	648	795	3,835
Sec. 70019, EVUS Fee
Estimated Revenues	0	13	18	18	19	20	21	22	23	24	68	178
Sec. 70020, Fee for Sponsor of Unaccompanied Alien Child who Fails to Appear in Immigration Court
Estimated Revenues	0	210	110	30	-5	-15	5	15	15	15	345	380
Sec. 70021, Fee for Aliens Ordered Removed in Absentia
Estimated Revenues	0	10	13	13	14	14	14	15	15	15	50	123
Sec. 70022, Customs and Border Protection Inadmissible Alien Apprehension Fee
Estimated Revenues	0	5	6	7	7	9	10	12	14	16	25	86
Subtitle C. Other Matters
Sec. 70300, Limitation on Donations Made Pursuant to Settlement Agreements to Which the United States Is a Party
Estimated Revenues	a	a	a	a	a	a	a	a	a	a	a	a
Total Changes
Estimated Revenues	0	4,533	5,916	6,193	6,990	8,004	8,397	8,635	8,872	9,008	23,632	66,548
	Net Increase or Decrease (-) in the Deficit From Changes in Direct Spending and Revenues
Effect on the Deficit	0	1,934	4,357	8,889	11,809	5,653	-190	-6,010	-9,402	-10,130	26,989	6,910
a. CBO has no basis on which to estimate the direction or magnitude of the changes in direct spending and revenues or the effect on the deficit that would stem from the enactment of section 70300.

MIL OSI USA News –

May 20, 2025

MIL-OSI USA: ICE Washington, D.C. arrests illegal Guatemalan gang member with extensive criminal history

Source: US Immigration and Customs Enforcement

FAIRFAX, Va. — U.S. Immigration and Customs Enforcement arrested an illegally present Guatemalan gang member with an extensive history of criminal activity that includes a multitude of charges and convictions for assault and battery, burglary, credit card fraud, trespassing and drug crimes. Officers with ICE Washington, D.C. arrested Mykol Santos-Santos, 25, in Fairfax May 12, after the Fairfax County Adult Detention Center refused to honor ICE’s 16th immigration detainer lodged against him.

Santos-Santos resisted the arrest heavily, resulting in the injury of an ICE officer.

“Mykol Santos-Santos is a habitual offender. He is a documented member of a violent criminal gang with a lengthy criminal history and represents an egregious danger to our Virginia communities,” said ICE Enforcement and Removal Operations Washington, D.C. Field Office Director Russell Hott. “While we are happy to have arrested him, we find it inexcusable that local law enforcement refused to honor 16 separate immigration detainers against Santos-Santos, forcing ICE officers to make an at large arrest where one of our officers was injured. We could have worked together with local law enforcement to arrange a safe transfer of custody. Instead, they decided to place politics ahead of public safety, and as a result one of our brave officers was injured. ICE Washington D.C. will continue to prioritize the safety of our public by arresting and removing criminal alien threats to our communities.”

U.S. Border Patrol arrested Santos-Santos July 11, 2014, after he illegally entered the United States near Hidalgo, Texas. Border Patrol officials issued him a notice to appear before a Justice Department immigration judge.

ICE Washington, D.C. arrested Santos-Santos July 17, 2018, during a targeted enforcement operation in Annandale, Virginia.

On Jan. 2, 2019, a Justice Department immigration judge granted him an $8,000 immigration bond.

On June 30, 2023, a Justice Department immigration judge ordered Santos-Santos removed from the United States to Guatemala.

Between Feb. 20, 2020, and May 8, 2025, Fairfax County Police arrested Santos-Santos at least 30 times and charged him with crimes including assault and battery, drug possession, drug possession with intent to distribute, burglary, theft, larceny, trespassing, property damage, obstruction of justice, attempting to flee police, failure to appear and violating court orders.

Between June 17, 2022, and May 12, 2025, ICE Washington, D.C. lodged 16 separate immigration detainers against him with the Fairfax County Adult Detention Center. The facility ignored all 16 detainers and released Santos-Santos back into the community on each occasion.

Members of the public can report crimes and suspicious activity by dialing 866-DHS-2-ICE (866-347-2423) or completing the online tip form.

Learn more about ICE’s mission to increase public safety in our communities on X at @EROWashington.

MIL OSI USA News –

May 20, 2025

MIL-OSI Security: Former Contractor of USAID-Funded Program Extradited to the United States, Convicted and Sentenced for Conspiracy to Obtain Grant Money Through Fraud

Source: Office of United States Attorneys

WASHINGTON— Stephen Paul Edmund Sutton, 53, a United Kingdom citizen, pleaded guilty and was sentenced today for his participation in a fraud scheme, perpetrated when he was employed by a contracting firm that implemented a U.S. Agency for International Development-funded (USAID) power distribution program (PDP) in Pakistan, announced U.S. Attorney Jeanine Ferris Pirro and Acting Assistant Inspector General for Investigations Sean Bottary.

Sutton pleaded guilty to conspiring to commit theft concerning a program receiving federal funds, which is a felony. In his role as a Logistics Operations Manager, Sutton took kickbacks of USAID-funds used to pay for the services rendered. After fighting extradition for more than two years, Sutton was extradited to the United States. District Court Judge Amit P. Mehta sentenced Sutton to time-served and ordered that Sutton be turned over to immigration authorities.

He pleaded guilty to one count of conspiracy to commit theft concerning a program receiving federal funds. He was sentenced to time-served and one day of supervised release.

According to court documents, PDP was a component of U.S. government assistance to the government of Pakistan to support its energy sector. Launched in September 2010, the five-year program was designed to facilitate improvements in Pakistan’s government-owned electric power distribution companies through interventions and projects addressing governance issues, technical and non-technical losses, and low revenue collection. The main goal of the PDP was to improve the commercial performance of the participating distribution companies through technology upgrades and improvements in processes, procedures, and practices, as well as training and capacity building. Under the PDP contract, Sutton’s employer subcontracted through purchase orders with vendors in Pakistan for certain goods and services.

From May through November 2015, Sutton and his co-conspirator, an employee supervised by Sutton, participated in a kickback scheme by creating two companies, obtaining PDP purchase orders for forklift and crane services for the companies, and distributing the profits to themselves. As part of the scheme, his co-conspirator arranged for low-grade local vendors to provide the services for at least half the contract rates, and Sutton ensured that the company paid the invoices despite suspicions raised by an accounts payable officer. U.S. government sentencing documents indicate the agency was defrauded of almost $100,000 and that for his part, Sutton received at least $21,000 in kickbacks.

Sutton’s co-conspirator is also charged by indictment and his case is pending disposition.

This case was investigated by the USAID Office of Inspector General and was prosecuted by Assistant United States Attorney Emily Miller and former Special Assistant United States Attorneys Scot Morris and Nicholas Coates of the Fraud, Public Corruption, and Civil Rights Section. The Justice Department’s Office of International Affairs provided significant assistance in securing the arrest and extradition of Sutton from the UK.

20-cr-252

MIL Security OSI –

May 20, 2025

MIL-OSI Security: Haysville woman indicted for distributing child pornography

Source: Office of United States Attorneys

WICHITA, KAN. – A Kansas woman made her initial appearance in federal court after a grand jury in Wichita returned an indictment charging her with distributing child sexual abuse materials.

According to court documents, Addilynn Jean Onuffer, 23, of Haysville is charged with three counts of distribution of child pornography for alleged actions that took place between June 2024 and July 2024.

The defendant made initial court appearance before U.S. Magistrate Judge Brooks Severson of the U.S. District Court for the District of Kansas.

The Kansas Internet Crimes Against Children Taskforce (ICAC) and Wichita Police Department are investigating the case.

Assistant U.S. Attorney Molly Gordon is prosecuting the case.

Project Safe Childhood
This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and CEOS, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit https://www.justice.gov/psc.

An indictment is merely an allegation, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
###

MIL Security OSI –

May 20, 2025

MIL-OSI Economics: Stanford Medicine is orchestrating multiple agents to connect medical data, clinical trials and more – all with the goal of delivering more effective cancer care. Incredible to see in action. Learn more about our new healthcare agent orchestrator.

Source: Microsoft

Headline: Stanford Medicine is orchestrating multiple agents to connect medical data, clinical trials and more – all with the goal of delivering more effective cancer care. Incredible to see in action. Learn more about our new healthcare agent orchestrator.

Stanford Medicine is orchestrating multiple agents to connect medical data, clinical trials, and more – all with the goal of delivering more effective cancer care. Incredible to see in action. Learn more about our new healthcare agent orchestrator: https://lnkd.in/gGJd-uQG

Transcript

Sanford Medicine is the at the forefront of Cancer Research in the context of treatment. Tumor boards are a really important meeting of many different clinicians who convene because a patient presents in a way that they’re not familiar with. You have to pull together information about medications, procedures, radiology, labs, a patients history and the medical literature. That information is fragmented in a bunch of different places. Those are things we do manually and we can’t do them 4000 times per year. Their health care agent Orchestrator is a way of bringing all this together at the beginning so that we can help make patient decisions more efficiently, faster, and perhaps more accurately. This is an agentic AI solution deployable through Azure AI Foundry. We’ve been able to build, customize, and deploy our own agents to provide a comprehensive report that brings together all of these disparate information sources. They’re already using Word to summarize things. They often make PowerPoint slides. This enables us. To put everything in an integrated setting into one summary, it took just a few lines of code to deploy these agents into teams so that we could start interacting with them directly. It’s being delivered as a platform on which we can build. We can package things to share with others. We wanted to develop tools that would help physicians all over the world. I think it’s going to be transformative.

MIL OSI Economics –

May 20, 2025

MIL-OSI Banking: Stanford Medicine is orchestrating multiple agents to connect medical data, clinical trials and more – all with the goal of delivering more effective cancer care. Incredible to see in action. Learn more about our new healthcare agent orchestrator.

Source: Microsoft

Transcript

MIL OSI Global Banks –

May 20, 2025

MIL-OSI USA: SPC Severe Thunderstorm Watch 296

Source: US National Oceanic and Atmospheric Administration

Note: The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
SEL6

URGENT – IMMEDIATE BROADCAST REQUESTED
Severe Thunderstorm Watch Number 296
NWS Storm Prediction Center Norman OK
345 PM CDT Mon May 19 2025

The NWS Storm Prediction Center has issued a

* Severe Thunderstorm Watch for portions of
Southern Iowa
Northern Missouri

* Effective this Monday afternoon and evening from 345 PM until
1000 PM CDT.

* Primary threats include…
Scattered large hail and isolated very large hail events to 2
inches in diameter likely
Scattered damaging wind gusts to 70 mph possible

SUMMARY…Strong to severe thunderstorms over northern Missouri will
spread northward across the watch this afternoon and evening. The
strongest storms will pose a risk of large hail.

The severe thunderstorm watch area is approximately along and 50
statute miles north and south of a line from 65 miles west northwest
of Lamoni IA to 25 miles south of Ottumwa IA. For a complete
depiction of the watch see the associated watch outline update
(WOUS64 KWNS WOU6).

PRECAUTIONARY/PREPAREDNESS ACTIONS…

REMEMBER…A Severe Thunderstorm Watch means conditions are
favorable for severe thunderstorms in and close to the watch area.
Persons in these areas should be on the lookout for threatening
weather conditions and listen for later statements and possible
warnings. Severe thunderstorms can and occasionally do produce
tornadoes.

OTHER WATCH INFORMATION…CONTINUE…WW 292…WW 293…WW
294…WW 295…

AVIATION…A few severe thunderstorms with hail surface and aloft to
2 inches. Extreme turbulence and surface wind gusts to 60 knots. A
few cumulonimbi with maximum tops to 500. Mean storm motion vector
22030.

…Hart

Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
SAW6
WW 296 SEVERE TSTM IA MO 192045Z – 200300Z
AXIS..50 STATUTE MILES NORTH AND SOUTH OF LINE..
65WNW LWD/LAMONI IA/ – 25S OTM/OTTUMWA IA/
..AVIATION COORDS.. 45NM N/S /32ESE OVR – 36N IRK/
HAIL SURFACE AND ALOFT..2 INCHES. WIND GUSTS..60 KNOTS.
MAX TOPS TO 500. MEAN STORM MOTION VECTOR 22030.

LAT…LON 41699508 41469245 40009245 40249508

THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
FOR WOU6.

Watch 296 Status Report Message has not been issued yet.

Note: Click for Complete Product Text.Tornadoes

Probability of 2 or more tornadoes

Low (10%)

Probability of 1 or more strong (EF2-EF5) tornadoes

Low (5%)

Wind

Probability of 10 or more severe wind events

Mod (50%)

Probability of 1 or more wind events > 65 knots

Low (20%)

Hail

Probability of 10 or more severe hail events

Mod (60%)

Probability of 1 or more hailstones > 2 inches

Mod (60%)

Combined Severe Hail/Wind

Probability of 6 or more combined severe hail/wind events

High (90%)

For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

MIL OSI USA News –

May 20, 2025

MIL-OSI: Aether Holdings to Present at the Aegis Capital Corp. 2025 Virtual Conference on May 22nd

Source: GlobeNewswire (MIL-OSI)

NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) — Aether Holdings, Inc. (Nasdaq: ATHR) (“Aether” or the “Company”), an emerging financial technology platform company that offers proprietary research analytics, today announced that its management team is scheduled to present at the Aegis Capital Corp. 2025 Virtual Conference on Thursday, May 22nd, 2025.

Presentation Details:
Date: May 22nd, 2025
Time: 2:00 p.m. ET
Webcast Registration: https://us02web.zoom.us/meeting/register/AfmnLxICTqmjEvoSG9-MMQ

Frank Cid, VP of Business Development at Aether Holdings, will present the Company’s strategic vision, highlighting the recent launch of Alpha Edge Media, its digital-first content arm focused on expanding subscriber engagement through targeted newsletters and proprietary market insights.

“We are excited to showcase Aether at the Aegis Virtual Conference following our recent initial public offering,” said Nicolas Lin, CEO of Aether Holdings. “This is a key moment to share how we’re scaling subscriber engagement through Alpha Edge Media, our content engine designed to grow a data-rich investor audience. By connecting media, behavior, and analytics, we’re creating a self-learning system that delivers smarter, faster insights and positions us to lead the next wave of fintech innovation.”

About Aether Holdings, Inc.

Aether Holdings, Inc. (Nasdaq: ATHR) is an emerging financial technology holding company focused on transforming the way investors navigate the markets. Leveraging decades of market expertise and cutting-edge technology, Aether delivers proprietary tools, data, and research to empower traders with actionable insights and enhanced decision-making capabilities.

Aether’s flagship platform, SentimenTrader.com, is designed to serve both retail and institutional investors by offering advanced sentiment analysis through the use of machine learning (ML) and artificial intelligence (AI) capabilities. With over 20 years of sentiment data integrated into its systems, Aether aims to provide its users with a powerful combination of technology and expertise, enabling them to make informed decisions to level up their trading in the markets.

Aether is committed to building an ecosystem that supports smarter, data-driven trading strategies, reinforcing its mission to empower the investing community and redefine excellence in fintech. By integrating advanced technologies, including artificial intelligence tools with the critical thinking and analytical abilities of its team of evidence-based trading veterans, Aether aims to provide its users with a powerful combination of technology and expertise, enabling them to make informed decisions to level up their trading in the markets.

Find out more about Aether Holdings at https://helloaether.com/

Cautionary Note Regarding Forward Looking Statements

This news release and statements of Aether’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements relate to the anticipated benefits to Aether of the launch and business plan for Alpha Edge Media as described herein. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For Aether, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to Aether’s ability to adequately market its products and services, and to develop or acquire additional products and product offerings; (ii) risks related to intense competition in the fintech and financial newsletter sector; (iii) risk related to artificial intelligence and machine learning; (iv) the inability of Aether to maintain and protect its reputation for trustworthiness and independence; (v) the inability of Aether to attract new users and subscribers and convert free users to paying subscribers; (vi) similar risks and uncertainties associated with operating a relatively small business a rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and Aether therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://investor.helloaether.com/#sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

Aether Holdings, Inc. Contact
Nicolas Lin, CEO
(347) 363-0886
ir@helloaether.com

Investor Relations Contact
Matthew Abenante, IRC
President, Strategic Investor Relations, LLC
(347)-947-2093
Email: matthew@strategic-ir.com

Media Contact
Jessica Starman, MBA
media@helloaether.com

The MIL Network –

May 20, 2025

MIL-OSI Video: Inside the FBI Podcast: Protecting Chinese Students from Scammers

Source: Federal Bureau of Investigation (FBI) (video statements)

On this episode of the Inside the FBI Podcast, we’re warning the public about a financial fraud scheme involving scammers who impersonate Chinese law enforcement and target the U.S.-based Chinese community—in particular, Chinese students attending American universities. For a full transcript and additional resources, visit https://www.fbi.gov/news/podcasts.

If you believe you’ve been contacted by an individual or group claiming to be a Chinese authority, contact your local FBI field office. You can visit https://www.fbi.gov/fieldoffices for more information.

And if you’ve experienced or witnessed any fraudulent or suspicious activities, please report them to the FBI Internet Crime Complaint Center at https://www.ic3.gov as soon as you can. Be sure to include as much transaction information as possible, such as wire instructions, wallet addresses, telephone numbers, and text or email communications.

—————————————————
Subscribe to Inside the FBI wherever you get your podcasts:
Spotify: https://open.spotify.com/show/4H2d3cg…
Apple Podcasts: https://podcasts.apple.com/us/podcast…
Google Podcasts: https://podcasts.google.com/feed/aHR0…
More ways to follow us: https://inside-the-fbi.transistor.fm/…

Follow us on social media:
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YouTube: youtube.com/user/fbi

https://www.youtube.com/watch?v=EAA_Yh1Adw0

MIL OSI Video –

May 20, 2025

MIL-OSI USA: Mfume, Van Hollen, Members of Maryland Congressional Delegation Introduce Bill to Award Henrietta Lacks the Congressional Gold Medal

Source: United States House of Representatives – Congressman Kweisi Mfume (MD-07)

WASHINGTON, D.C. – Today, U.S. Representative Kweisi Mfume (D-MD-07) and Senator Chris Van Hollen (D-MD) are introducing the Henrietta Lacks Congressional Gold Medal Act, in the United States House of Representatives and the United States Senate. This legislation would posthumously award a Congressional Gold Medal to Henrietta Lacks in recognition of her immortal “HeLa cells” which have made invaluable contributions to global health, scientific research, our quality of life, and patients’ rights. Since the American Revolution, Congress has commissioned gold medals as its highest expression of national appreciation for distinguished achievements and contributions.

The bill receives support from Members of the Maryland Congressional Delegation, including Senator Angela Alsobrooks (D-MD) and Representatives Steny Hoyer (D-MD-05), Jamie Raskin (D-MD-08), Glenn Ivey (D-MD-04), April McClain Delaney (D-MD-06), Sarah Elfreth (D-MD-03), and Johnny Olszewski (D-MD-02). These lawmakers makeup 27 Members of the U.S. House who have signed on as original cosponsors. The legislation is also endorsed by HELA100: Henrietta Lacks Initiative and the Henrietta Lacks Legacy Group (HLLG).

“I am honored to introduce this legislation in the U.S. House to provide both the spirit of Mrs. Lacks and her descendants the gratitude and recognition this lineage deserves. Her ‘HeLa cells’ have altered the future of medical science, and the world continues to benefit from Mrs. Lacks’ contributions and sacrifice,” said Congressman Kweisi Mfume. “During a time in our country where the Trump administration shamefully seeks to erase Black history from the American story, the legacies of Black historymakers like Mrs. Lacks must be uplifted, and we must continue to deliver our message back to President Trump: you erase it, we will replace it,” he concluded.

“Without knowing it at the time of her cancer treatment, Henrietta Lacks would go on to change the course of modern medicine. Her cells unlocked a breakthrough in medical research, leading to treatments and cures that are bettering people’s lives to this day. But Mrs. Lacks never consented to the use of her cells – nor did she receive rightful credit for the monumental contributions she made. That’s why it’s all the more important that we recognize her with the Congressional Gold Medal, Congress’ highest expression of appreciation,” said Senator Chris Van Hollen.

“The Lacks Family is grateful to our friends Congressman Kweisi Mfume and Senator Chris Van Hollen for their leadership and continued commitment toward awarding a Congressional Gold Medal to my grandmother, Henrietta Lacks,” said Alfred Lacks Carter, Jr., grandson of Henrietta Lacks. “This Mother’s Day has even more meaning. I applaud the introduction of this Act in the spirit of my mother, Deborah Lacks, who worked tirelessly to ensure that her mother, Henrietta Lacks, was celebrated as the Mother of Modern Medicine,” he concluded.

“Awarding Henrietta Lacks a Congressional Gold Medal as the world celebrates her 105th birthday this year is truly a fitting honor. Our Hennie’s contributions to science, medicine, and research have saved lives and created cures – here in the U.S. and worldwide. As my grandfather, Lawrence Lacks, Sr., Henrietta Lacks’ eldest son, often said, ‘We are proud of all the good that she has done for the world.’ As the next generation, we are reclaiming her story to make certain the world recognizes her impact,” said Veronica Robinson, Senior Advisor, HELA100: Henrietta Lacks Initiative, great granddaughter of Henrietta Lacks.

“On behalf of the Board of Directors of the Henrietta Lacks Legacy Group (HLLG), it is our pleasure to write this letter of support for your bill that would award posthumously a Congressional Gold Medal to Henrietta Lacks in recognition of her immortal cells that have had a revolutionary effect on modern medicine and other scientific innovations,” wrote Dr. Adele Newson-Horst, Chair, HLLG Board of Directors and Servant Courtney Speed, Founder and President, HLLG.

In 1951, it was discovered that Mrs. Henrietta Lacks, of Baltimore, had a large, malignant tumor on her cervix. However, unbeknownst to Mrs. Lacks or her family, medical researchers took samples of her tumor during her treatment without her consent. Henrietta Lacks’ cells, now known as ‘‘HeLa cells,” doubled every 20 to 24 hours whereas other human cells died in the same time period.

Lacks’ prolific cells continue to replicate to this day and contribute to remarkable advances in medicine resulting in several Nobel Prize award-winning discoveries and groundbreaking advancements. These scientific discoveries include the development of the polio vaccine and drugs used to treat cancer, HIV/AIDS, hemophilia, leukemia, and Parkinson’s disease. Her cells were even sent into space to survey long-term effects on living cells and tissues.

The bill text for the Henrietta Lacks Congressional Gold Medal Act is available by clicking here.

The Life of Henrietta Lacks

Henrietta Lacks was born in Roanoke, Virginia in 1920 and later moved to Baltimore, Maryland with her husband and family of 5 children.
At the age of 31, she sought treatment from The Johns Hopkins Hospital for prolonged bleeding.
At the time, the hospital was one of a few that would treat African Americans. Shortly after her admission to the hospital, she was diagnosed with an aggressive cervical cancer that would lead to her untimely death only 8 months later.
This tragedy left Henrietta Lacks’ husband and 5 children to go on without her.
Despite Mrs. Lacks’ passing, her life continued under unique circumstances. Researchers took cells from Henrietta Lacks without her consent or the consent of her relatives and discovered that they were unlike any other known cells before.
Mrs. Lacks’ cells, now referred to as, “HeLa cells,” were remarkably durable and prolific, which allowed them to be used extensively in scientific research.
The cells had the unparalleled capacity to reproduce and were deemed immortal; meaning, where other human cells would die, “HeLa cells” doubled every 20 to 24 hours.
Henrietta Lacks’ immortal cells have been used by researchers, resulting in several Nobel Prize award-winning discoveries and groundbreaking advancements.
These scientific discoveries include the development of the polio vaccine and drugs used to treat cancer, HIV/AIDS, hemophilia, leukemia, and Parkinson’s disease. Her cells were even sent into space to survey long-term effects on living cells and tissues.
Henrietta Lacks’ story garnered the attention of the nation and was chronicled in a Primetime Emmy Award-nominated HBO film entitled, “The Immortal Life of Henrietta Lacks.”
In October of 2024, Johns Hopkins University and Johns Hopkins Medicine broke ground on the Henrietta Lacks Building.
- The new 34,000-square-foot building will be located on the East Baltimore campus and support multiple programs of the Berman Institute, Johns Hopkins University and the School of Medicine, and will house flexible program and classroom space for educational, research, and community use purposes.

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MIL OSI USA News –

May 20, 2025

MIL-OSI: GraniteShares Announces Change in ETF Lineup

Source: GlobeNewswire (MIL-OSI)

NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) — GraniteShares announced today that it will close and liquidate the following ETF:

Ticker	Fund Name	Commencement of investment operations
TSLI	GraniteShares 1x Short AMD Daily ETF	08/23/2023

On May 09, 2025, the board of GraniteShares ETF Trust approved the liquidation of the GraniteShares 1x Short AMD Daily ETF (the “ETF”). The last day of trading for the ETF on NASDAQ Stock Market will be June 20, 2025. The last day creation orders will be accepted for the ETF will be June 18, 2025. Investors may sell their shares of the ETF until market close on June 20, 2025. Shares of the ETF will no longer trade on NASDAQ Stock Market after market close on June 20, 2025, and will be subsequently delisted. The final distribution to shareholders of the ETF is expected to occur on or about June 23, 2025.

When the ETF commences the liquidation of its portfolio, it may hold cash and securities that may not be consistent with the ETF’s investment objectives and strategies.

At the time the liquidation of the ETF is complete, the ETF shares will be individually redeemed. For shareholders that still hold shares of the ETF as of June 20, 2025, shares will be automatically redeemed for cash at the net asset value as of close of business on that date, which will reflect the costs of closing the ETF. Shareholders will generally recognize a capital gain or loss on the redemptions. The ETF may or may not pay one or more dividends or other distributions prior to or along with the redemption payments.

About GraniteShares

GraniteShares is an independent ETF issuer headquartered in New York City. GraniteShares will continue to offer the following leveraged single stock ETFs:

ETF NAME	TICKER	UNDERLYING STOCK	MANAGEMENT FEE/TOTAL EXPENSES

GraniteShares 2x Long AAPL Daily ETF	AAPB	Apple	0.99%/1.15%
GraniteShares 2x Long AMD Daily ETF	AMDL	AMD	0.99%/1.15%
GraniteShares 2x Long AMZN Daily ETF	AMZZ	Amazon.com	0.99%/1.15%
GraniteShares 2x Long BABA Daily ETF	BABX	Alibaba	0.99%/1.15%
GraniteShares 2x Long COIN Daily ETF	CONL	Coinbase	0.99%/1.15%
GraniteShares 2x Short COIN Daily ETF	CONI	Coinbase	0.99%/1.15%
GraniteShares 2x Long CRWD Daily ETF	CRWL	CrowdStrike	1.30%/1.50%
GraniteShares 2x Long DELL Daily ETF	DLLL	Dell Technologies	1.30%/1.50%
GraniteShares 2x Long INTC Daily ETF	INTW	Intel	1.30%/1.50%
GraniteShares 2x Long IONQ Daily ETF	IONL	IONQ	1.30%/1.50%
GraniteShares 2x Long LCID Daily ETF	LCDL	Lucid	0.99%/1.15%
GraniteShares 2x Long MARA Daily ETF	MRAL	MARA Holding	1.30%/1.50%
GraniteShares 2x Long META Daily ETF	FBL	Meta Platform	0.99%/1.15%
GraniteShares 2x Long MRVL Daily ETF	MVLL	Marvell Technology	1.30%/1.50%
GraniteShares 2x Long MSFT Daily ETF	MSFL	Microsoft	0.99%/1.15%
GraniteShares 2x Long MU Daily ETF	MULL	Micron Technology	1.30%/1.50%
GraniteShares 2x Long NVDA Daily ETF	NVDL	NVIDIA	0.99%/1.15%
GraniteShares 2x Short NVDA Daily ETF	NVD	NVIDIA	0.99%/1.15%
GraniteShares 2x Long PLTR Daily ETF	PTIR	Palantir	0.99%/1.15%
GraniteShares 2x Long QCOM Daily ETF	QCML	Qualcomm	1.30%/1.50%
GraniteShares 2x Long RDDT Daily ETF	RDTL	Reddit	1.30%/1.50%
GraniteShares 2x Long RIVN Daily ETF	RVNL	Rivian	0.99%/1.15%
GraniteShares 2x Long SMCI Daily ETF	SMCL	Super Micro Computer	1.30%/1.50%
GraniteShares 1.25x Long TSLA Daily ETF	TSL	Tesla	0.99%/1.15%
GraniteShares 2x Long TSLA Daily ETF	TSLR	Tesla	0.99%/1.15%
GraniteShares 2x Short TSLA Daily ETF	TSDD	Tesla	0.99%/1.15%
GraniteShares 2x Long TSM Daily ETF	TSML	Taiwan Semiconductor Manufacturing	1.30%/1.50%
GraniteShares 2x Long Uber Daily ETF	UBRL	Uber	0.99%/1.15%
GraniteShares 2x Long VRT Daily ETF	VRTL	Vertiv	1.30%/1.50%

In addition, GraniteShares’ ETF suite includes the following ETFs:

Contact Information:
William Rhind, CEO
GraniteShares Inc
+1 646 876 5049
william.rhind@graniteshares.com

Important Information

Investors should consider the investment objectives, risks, charges and expenses of the GraniteShares funds (the “Funds”) carefully before investing. For a prospectus or summary prospectus with this and other information about the Funds, please call (844) 476 8747, or visit the website at www.graniteshares.com. Read the prospectus or summary prospectus carefully before investing.

To obtain a prospectus for BAR, please visit
https://www.graniteshares.com/Documents/25/Prospectus-GraniteShares-Gold-Trust.pdf
To obtain a prospectus for PLTM, please visit
https://graniteshares.com/media/gwrbh3ah/pltm_prospectus.pdf
To obtain a prospectus for COMB, please visit
https://graniteshares.com/media/4crf2x4e/graniteshares-etf-trust-comb-summary-prospectus.pdf

Except as described above regarding the liquidation of the ETFs, shares of the Funds may be sold during trading hours on the exchange through any brokerage account, shares are not individually redeemable, and shares may only be redeemed directly from a Fund by Authorized Participants. There can be no assurance that an active trading market for shares in a Fund will develop or be maintained. Shares may trade above or below NAV. Brokerage commissions will apply.

Fund Risks

Multiple funds have a limited operating history of less than a year and risks associated with a new fund. The Leveraged and Daily Inverse Funds are not suitable for all investors. The investment program of the funds is speculative, entails substantial risks and include asset classes and investment techniques not employed by most ETFs and mutual funds. Investments in the ETFs are not bank deposits and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) or daily inverse (-1X and -2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. For periods longer than a single day, the Fund will lose money if the Underlying Stock’s performance is flat, and it is possible that the Fund will lose money even if the Underlying Stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day. The funds do not directly invest in the underlying stock.

The Funds seek daily inverse or leveraged investment results and are intended to be used as short-term trading vehicles. Each Fund with “Long” in its name attempts to provide daily investment results that correspond to the respective long leveraged multiple of the performance of an underlying stock (each a Leveraged Long Fund). Each Fund with “Short” in its name attempts to provide daily investment results that correspond to the inverse (or opposite) multiple of the performance of an underlying stock (each an Inverse Fund).

Investors should note that the Long Leveraged Funds and the Daily Inverse Funds pursue daily leveraged investment objectives and daily inverse investment objectives (respectively), which means that the fund is riskier than alternatives that do not use leverage and inverse strategies because the fund magnifies the performance of their underlying security. The volatility of the underlying security may affect a Funds’ return as much as, or more than, the return of the underlying security.

For the Leveraged Long Funds because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% of the return of the Underlying Stock over the same period. The Fund will lose money if the Underlying Stock’s performance is flat over time, and as a result of daily rebalancing, the Underlying Stock volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the Underlying Stock’s performance increases over a period longer than a single day.

For the Daily Inverse Funds because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from -100% and 200% of the return of the Underlying Stock over the same period. The Fund will lose money if the Underlying Stock’s performance is flat over time, and as a result of daily rebalancing, the Underlying Stock volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the Underlying Stock’s performance decreases over a period longer than a single day.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.

An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include Effects of Compounding and Market Volatility Risk, Inverse Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Daily Index Correlation Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.

Investing in physical commodities, including through commodity-linked derivative instruments such as Commodity Futures, Commodity Swaps, as well as other commodity-linked instruments, is speculative and can be extremely volatile and may not be suitable for all investors. Market prices of commodities may fluctuate rapidly based on numerous factors, including: changes in supply and demand relationships (whether actual, perceived, anticipated, unanticipated or unrealized); weather; agriculture; trade; domestic and foreign political and economic events and policies; diseases; pestilence; technological developments; currency exchange rate fluctuations; and monetary and other governmental policies, action and inaction.

A liquid secondary market may not exist for the types of commodity-linked derivative instruments the Fund buys, which may make it difficult for the Fund to sell them at an acceptable price. The Fund is new with no operating history. As a result, there can be no assurance that the Fund will grow to or maintain an economically viable size, in which case it could ultimately liquidate.

Derivatives may be more sensitive to changes in market conditions and may amplify risks and losses.

This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Please consult your tax advisor about the tax consequences of an investment in Fund shares, including the possible application of foreign, state, and local tax laws. You could lose money by investing in the ETFs. There can be no assurance that the investment objective of the Funds will be achieved. None of the Funds should be relied upon as a complete investment program.

The Fund is distributed by ALPS Distributors, Inc, which is not affiliated with GraniteShares or any of its affiliates ©2025 GraniteShares Inc. All rights reserved. GraniteShares, GraniteShares Trusts, and the GraniteShares logo are registered and unregistered trademarks of GraniteShares Inc., in the United States and elsewhere. All other marks are the property of their respective owners

The MIL Network –

May 20, 2025

MIL-OSI: BitMine Launches Bitcoin Treasury Advisory Practice and Enters into $4M Transaction with First BTC Treasury Advisory Client

Source: GlobeNewswire (MIL-OSI)

LAS VEGAS, May 19, 2025 (GLOBE NEWSWIRE) — BitMine Immersion Technologies, Inc. (OTCQX: BMNRD) today announced the launch of its Bitcoin Treasury Advisory Practice, alongside a $4 million strategic transaction with a U.S. exchange-listed company. BitMine is offering “Mining as a Service,” or MaaS, to the strategic partner and plans to offer MaaS to companies that own Bitcoin and wish to add Bitcoin denominated revenue, in addition to Bitcoin, as a core treasury holding.

Upon closing of the strategic agreement, BitMine will lease 3,000 Bitcoin ASIC miners to the client through December 30, 2025, for $3.2 million, with $1.6 million paid upfront. The client has also engaged BitMine for an $800,000 consulting agreement for one year, focused on Bitcoin Mining-as-a-Service and Bitcoin Treasury Strategy.

This marks the first client for BitMine’s new advisory business, which supports public companies with Bitcoin-based revenue strategies, GAAP accounting insights, custody solutions, and BTC/USD hedging.

“Currently, there are almost 100 public companies that have adopted Bitcoin as a treasury holding. We expect this number to grow in the future. As more companies adopt Bitcoin treasury strategies, the need for infrastructure, revenue generation, and expert guidance grows along with it,” said Jonathan Bates, CEO of BitMine. “This single transaction is greater than our entire 2024 fiscal year revenue, and we feel there is an opportunity to acquire more clients in the near future as interest in Bitcoin ownership grows.”

About BitMine Immersion Technologies, Inc.

BitMine is a Bitcoin Network Company, with a focus on Bitcoin mining, Synthetic Bitcoin Mining through involvement in Bitcoin mining hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine’s operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.

Forward-Looking Statements:

This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding expected revenue from strategic transactions and future business opportunities. In evaluating these forward-looking statements, you should consider various factors, including: our ability to keep pace with new technology and changing market needs; our ability to finance our current business and proposed future business; and the competitive environment of our business. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine’s control, including those set forth in the Risk Factors section of BitMine’s Annual Report on Form 10-K/A filed with the Securities and Exchange Commission (the “SEC”) on April 3, 2025, and its Quarterly Report on Form 10-Q filed with the SEC on April 14, 2025, and all other SEC filings, as amended or updated from time to time. Copies of BitMine’s filings with the SEC are available on the SEC’s website at www.sec.gov/edgar/searchedgar/companysearch. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

BitMine Immersion Technologies Contact:

Jonathan Bates, Chairman and CEO

info@bitminetech.io

The MIL Network –

May 20, 2025

MIL-Evening Report: NZ Budget 2025: anything less than a 5% increase in health funding amounts to merely standing still

Source: The Conversation (Au and NZ) – By Tim Tenbensel, Professor of Health Policy, University of Auckland, Waipapa Taumata Rau

Health Minister Simeon Brown. Hagen Hopkins/Getty Images

Minister of Health Simeon Brown claimed earlier this year that health funding in New Zealand has never been higher and that suggestions of underfunding are “fake news”.

On the bare statistics, Brown isn’t wrong. The allocation to Vote Health has indeed increased from NZ$18.2 billion in 2018-19 to $29.6 billion in the 2024-25 budget.

Yet for many working in the publicly-funded health system things have never seemed so bad, with daily stories of under-staffing and increasing levels of stress.

So, how much should the government be spending on health? Any answer needs to factor in the broader context of the health system, and where we sit historically and comparatively.

The health system is subject to significant cost pressures, few of which are unique to New Zealand. People are generally living longer, but more of that longer life span is spent in ill health.

At the same time, New Zealand’s population profile has changed significantly over the past 40 years. There is a lower proportion of working-age people paying income tax to support those who are older.

Technological advances, on balance, drive up health expenditure – more is possible, so more is expected. And compared with other parts of the economy, health services are labour-intensive.

Around two thirds of health expenditure is on staff, and health workforce shortages are a global problem (again, driven by demographic change). All these factors mean health costs rise faster than inflation.

Taking all of this into account, a recent health economics analysis calculated that to continue to deliver the same level of service in the United Kingdom (which has very similar health system characteristics to New Zealand), public spending on health would need to increase by 2.8% in real terms (above inflation) each year.

Then we need to factor in population growth, which has recently been between 1.5% and 2% per year in New Zealand. In this context, a 4-5% increase in Vote Health amounts to merely standing still.

People are living longer, but more of that longer life is spent in ill health.
Getty Images

Long-term deterioration

We also need to put our current situation in historical and international context.

The most appropriate indicator for international comparison is “publicly mandated health expenditure” (PMHE) as a percentage of GDP, as this excludes private expenditure (private health insurance and “out of pocket” payments).

Total health spending typically constitutes 10-12% of GDP in high-income countries, and PMHE is typically around 8%. In the 2010s, however, New Zealand’s PMHE dropped from 7.8% (2012) to 7% of GDP (2017). Meanwhile, Australia, Canada and the UK all remained at or above 8% during that time.

This represents a significant long-term deterioration which heightened the stress on our health system before and after the COVID pandemic.

Even when our PMHE as a percentage of GDP is comparable to Australia and other countries, our per-capita health expenditure is significantly less because our GDP per-capita is lower.

The most significant budget boost in recent years was in 2022. But this was largely soaked up by pay rises for health professionals that resulted from underfunding during the 2010s.

The current government finds itself in a very tight spot. This is partly because of international economic conditions and demographic trends, but also due to self-imposed constraints.

Even in such a large budget, there’ll be little room for major initiatives in health unless savings are found from existing areas. That is rarely feasible in health. As is true in most years, there could be up to three big-ticket items. If so, what should they be?

What Budget 2025 should include

First, the government needs to boost capital expenditure in health. A recent analysis by the UK Institute for Government shows that public service productivity, including in the health sector, fell sharply during and after the COVID pandemic. The New Zealand treasury reported similar productivity declines.

The UK report concluded these declines were primarily due to physical capacity constraints – clinical staff can’t be more productive when there is not enough physical space and diagnostic equipment.

Earlier this month, Prime Minister Christopher Luxon announced a $400 million increase in the annual capital allowance across all of government. Let’s see how much of the total $4 billion capital allowance is channelled into health.

A second priority should be primary healthcare. Here, the health minister has already announced a range of initiatives, headlined by $285 million of additional performance-based funding over three years. This is a welcome commitment, and the most significant boost in primary care funding since the mid-2000s.

However, it’s unlikely this will redress erosion over the past 20 years of primary care “capitation” funding (the amount a GP practice receives per enrolled patient).

This funding formula also needs to be modernised to better reflect where needs are highest and account for rising acuity and complexity of conditions in primary healthcare. This would relieve some pressures on hospital emergency departments and medical wards.

Third, investment to retain and attract health workers across the whole sector is vital. Given the demographic and epidemiological changes, proactively preparing for a mid-21st-century health workforce will require funding to support emerging models of health services, particularly in primary and community settings, including programmes such as Access and Choice and comprehensive primary and community care teams.

These priorities, and any government commitment to them in Budget 2025, must be understood against the backdrop of sustained historical underfunding.

The government is likely to claim health is a big winner in Budget 2025. Unless increases are significantly greater than 5%, such a claim will bring little respite to the health sector.

In any case, the race that counts is a marathon, not a sprint. New Zealand is well back in the field, struggling not to lose further ground.

Tim Tenbensel receives funding from the New Zealand Health Research Council.

– ref. NZ Budget 2025: anything less than a 5% increase in health funding amounts to merely standing still – https://theconversation.com/nz-budget-2025-anything-less-than-a-5-increase-in-health-funding-amounts-to-merely-standing-still-255593

MIL OSI Analysis – EveningReport.nz –

May 20, 2025

MIL-Evening Report: ‘No pain, no gain’: why some primary students are following intense study routines

Source: The Conversation (Au and NZ) – By Christina Ho, Associate professor in Social and Political Sciences, University of Technology Sydney

MNStudio/ Shutterstock

Every year, thousands of New South Wales students sit a test to determine places for highly sought-after selective high schools. These are academically selective public schools often associated with high Year 12 scores.

While there has long been a level of expectation around selective school entrance, the most recent round of testing has shone a fresh light on the pressures some young people are experiencing.

Media reports have described some students studying for 18 months to prepare for the selective school test, with multiple sessions of tutoring each week.

Earlier this month, police were called to control crowds at two testing centres as parents and students from one session overlapped with another. This is also the first year the tests have been done online and there were technical difficulties as students tried to complete exams.

One exam invigilator told The Sydney Morning Herald about the stress they witnessed among students.

We were dealing with kids who were freaking out and totally traumatised by what was going on. You could not make up a worse nightmare than what we went through that day.

It’s not surprising children were upset. The pressure to perform well on test day is enormous. As my previous research has found, some families believe entry into a selective school will secure their child’s future.

As my new research with colleagues suggests, this sees some families place huge pressure on students to study and prepare for academic tests in primary school.

Not just a NSW thing

Most (albeit not all) of Australia’s selective schools are in NSW.

But there is pressure around other tests in the primary years. There are similar levels of competition for lucrative private school scholarships around Australia, which children sit as early as Year 3. Many of these are determined by centralised tests.

Tutoring companies also offer programs for primary students preparing for NAPLAN tests in Year 3 and Year 5, as well as the “opportunity class” test in NSW (for an academically selective stream for Year 5 and 6).

Our research

In ongoing, as yet unpublished research on education cultures among migrant communities in Sydney, colleagues and I are focusing on 38 families with children in upper primary school.

In 2022 and 2023, we interviewed students, parents and teachers at six schools in high and low income areas of Sydney. All schools included large numbers of Asian migrants, allowing us to compare different groups’ approaches to education.

While not necessarily representative of all Asian migrant families, or all families with school-aged children in general, we found intensive preparation for the selective test was common in this group, especially among those students already enrolled in an opportunity class.

The tutoring routine

Many students preparing for the selective test told us they attended private tutoring three or more days per week, in addition to completing home based study. Some had begun this routine up to 12 months before to the test.

One mother, whose son attended tutoring every day, at three different centres, on top of two hours of daily homework, told us,

That’s how we prepare for selective […] You need to be methodical […] no pain, no gain.

Other parents explained they resorted to private tutoring because schools did not teach what was needed to succeed in the selective tests.

Not only do children spend afternoons, evenings and weekends in tutoring centres, they are also often giving up most if not all recreational, sporting and other extracurricular activities, narrowing their focus to acing the test.

Families also postpone holidays, outings and other potential distractions. Many of our student participants aiming for a selective school told us they never socialised with their friends outside of school time.

Sometimes they even neglected their school work so as to focus on the selective test. One teacher told us many of her students were absent from school in the week prior to the test, to ramp up their preparation.

How does this impact students?

This culture of extreme study and competitive schooling raises profound questions about the implications for student wellbeing. Some students spoke about their fatigue. As one student said:

I work up to late at night. So sometimes I feel drowsy and I yawn a bit and have water in my eyes.

Their teachers also expressed concern about insufficient sleep and heightened stress caused by the pressure to get into a selective school. They described students’ tears if they were not successful when the results came out.

One teacher said he had a “blanket rule” of not talking about the tests in the classroom, because his students were so preoccupied with ensuring they were doing enough preparation.

Other teachers reflected on students’ fear of taking risks because of the culture of perfectionism associated with scoring and ranking through tests.

Some students stop doing other activites to prepare for the selective schools test.
Maria Sbytova/ Shutterstock

What does the research say?

International research shows an association between high-stakes testing in primary years and issues with children’s mental health and academic confidence. There is also a negative association with students’ achievement in maths and literacy. That is, students who experience pressured exams were more likely to experience anxiety and depression, and not do as well in core subjects as those who did not experience this pressure.

Some parents in our study expressed concern for their child’s wellbeing. But others saw stress a positive sign of engagement and commitment, and necessary for securing the all important place in a selective school.

Given many are recent migrants, without established networks in Australia, and fearful of racial discrimination against their children, they believe education to be the most crucial foundation for future success.

However, we need more research on the impacts of these parental aspirations and anxieties on the next generation. And a broader discussion about the benefits of selecting some students – who may have benefited from extensive and expensive private tutoring – to go to separate, high-performing government schools.

Megan Watkins, Greg Noble and Alexandra Wong all contributed to the research on migrant families mentioned in this article, as part of a larger Australian Research Council-funded project.

Christina Ho received funding from the Australian Research Council to conduct this research.

– ref. ‘No pain, no gain’: why some primary students are following intense study routines – https://theconversation.com/no-pain-no-gain-why-some-primary-students-are-following-intense-study-routines-256815

MIL OSI Analysis – EveningReport.nz –

May 20, 2025

MIL-OSI USA: CISA Welcomes Madhu Gottumukkala as the New Deputy Director

News In Brief – Source: US Computer Emergency Readiness Team

WASHINGTON – The Cybersecurity and Infrastructure Security Agency (CISA) is proud to announce the appointment of Madhu Gottumukkala as its new Deputy Director. In this role, he will help lead CISA’s mission to understand, manage, and reduce risk to the cyber and physical infrastructure that the American people rely on every day.

Prior to his appointment as the CISA Deputy Director, Dr. Gottumukkala served as Commissioner and Chief Information Officer for South Dakota’s Bureau of Information and Technology, overseeing statewide technology and cybersecurity initiatives. He assumed this role after serving as South Dakota’s second-ever chief technology officer, focused on innovation through the adoption of emerging technologies, while increasing efficiency by replacing outdated legacy systems.

“I am honored to be appointed by Secretary Noem to serve as Deputy Director of CISA. As a former state and local leader, I have seen firsthand the exceptional work CISA does in advancing our nation’s cybersecurity and infrastructure resilience,” said Gottumukkala. “I look forward to building on that foundation by fostering collaboration and strengthening resilience across all levels of government and the private sector. Together, through trusted partnerships, transparency, and shared responsibility, we can better manage systemic risks and safeguard the critical functions that ensure our nation’s safety and prosperity.”

“CISA is excited to welcome Madhu to the team. As we work around the clock to safeguard our nation’s most critical infrastructure, Madhu brings a unique blend of technical expertise and real-world experience that will enhance our mission,” said CISA Senior Official Performing the duties of the Director Bridget Bean. “His deep understanding of both the complexities and practical realities of infrastructure security will strengthen CISA in its role as the nation’s lead cyber defense agency and the national coordinator for infrastructure resilience today and into the future.”

With over 24 years of experience in information technology (IT), Dr. Gottumukkala has held leadership roles spanning both the public and private sectors, including work across the wireless and telecom, unified communications, and health technology industries. He currently serves on the Advisory Committee of the College of Business and Information Systems at Dakota State University.

Dr. Gottumukkala holds a Ph.D. in Information Systems from Dakota State University, an MBA in Engineering and Technology Management from the University of Dallas, an M.S. in Computer Science from the University of Texas at Arlington, and a B.E. in Electronics and Communication Engineering from Andhra University.

For more information about CISA’s leadership team, please visit the official CISA website at CISA Leadership | CISA

###

About CISA

As the nation’s cyber defense agency and national coordinator for critical infrastructure security, the Cybersecurity and Infrastructure Security Agency leads the national effort to understand, manage, and reduce risk to the digital and physical infrastructure Americans rely on every hour of every day.

Visit CISA.gov for more information and follow us on X, Facebook, LinkedIn, Instagram

MIL OSI USA News –

May 20, 2025

MIL-OSI USA: Less Than 1 Week Left To Apply for FEMA Assistance Following February Severe Storms and Flooding

Source: US Federal Emergency Management Agency

Headline: Less Than 1 Week Left To Apply for FEMA Assistance Following February Severe Storms and Flooding

Less Than 1 Week Left To Apply for FEMA Assistance Following February Severe Storms and Flooding

FRANKFORT, Ky

– Homeowners and renters in Breathitt, Clay, Estill, Floyd, Harlan, Johnson, Knott, Lee, Leslie, Letcher, Martin, Owsley, Perry, Pike, Simpson and Woodford counties who experienced damage or losses caused by the February severe storms and floods have less than 1 week to apply for federal disaster assistance

The deadline to apply for federal assistance is May 25

Survivors of the April storms still have until June 25 to Apply

How To Apply for FEMA AssistanceThere are several ways to apply for FEMA assistance:Online at DisasterAssistance

gov

Visit any Disaster Recovery Center

To find a center close to you, visit fema

gov/DRC, or text DRC along with your Zip Code to 43362 (Example: “DRC 29169”)

Use the FEMA mobile app

Call the FEMA Helpline at 800-621-3362

It is open 7 a

to 10 p

Eastern Time

Help is available in many languages

If you use a relay service, such as Video Relay Service (VRS), captioned telephone or other service, give FEMA your number for that service

FEMA works with every household on a case-by-case basis

FEMA representatives can explain available assistance programs, how to apply to FEMA, and help connect survivors with resources for their recovery needs

When you apply, you will need to provide:A current phone number where you can be contacted

Your address at the time of the disaster and the address where you are now staying

Your Social Security Number

A general list of damage and losses

Banking information if you choose direct deposit

If insured, the policy number or the agent and/or the company name

Survivors should keep their contact information updated with FEMA as the agency may need to call to schedule a home inspection or get additional information

Disaster assistance is not a substitute for insurance and is not intended to compensate for all losses caused by a disaster

The assistance is intended to meet basic needs and supplement disaster recovery efforts

Homeowners and renters in Woodford County may be eligible for federal assistance, if you had property damage or loss in Woodford County from the February severe incident, and then again from the April severe incident, you would need to complete two separate disaster assistance applications

For an accessible video on how to apply for FEMA assistance, go to youtube

com/watch?v=WZGpWI2RCNw

For more information about Kentucky flooding recovery, visit www

fema

gov/disaster/4860

Follow the FEMA Region 4 X account at x

com/femaregion4

martyce

allenjr
Mon, 05/19/2025 – 15:09

MIL OSI USA News –

May 20, 2025

MIL-OSI: No Credit Check Loans – Credit Clock is the Number 1 Pick for US Customers

Source: GlobeNewswire (MIL-OSI)

Memphis, May 19, 2025 (GLOBE NEWSWIRE) —

Do you have a hard time making both ends meet and require immediate cash? In most cases, having a poor credit score can make it tough to locate a lender that is willing to give you a no credit check loan.

However, there’s no need to worry—we have good news for you. Our team has extensively researched the American market and identified the most exceptional lenders that offer no credit check loans.

These loans help you cover unexpected expenses and financial shortfalls. As such, they serve as reliable financial aid for emergencies and assist between pay periods. Read on to get more insight on them.

Click Here to Apply

Top US No Credit Check Loan Lenders

Credit Clock: Longer loan repayment periods

Credit Clock is a top selection for borrowers with bad credit and no credit history looking to obtain no credit check loans in the US in 2025. The company is best known for its longer repayment periods, which give the borrower ample time to repay the loan. The loan amounts start from $100 to $5,000. This amount range ensures that you meet your financial needs. On top of that, no extra charges or costs are added to the loan.

Below are some of the benefits of using Credit Clock as your preferred lender:

Flexible repayment periods of up to 24 months.
Fast approval processes.
Flexible lending amounts.
Reputable lenders.
Soft credit checks.
No hidden charges or costs.

Credit Clock ensures that you get your loans in time through same-day approvals, helping your financials meet your needs.

What Is a No Credit Check Loan?

A no credit check loan is a type of loan that does not require the lender to perform credit checks on the borrower. As such, credit history and credit score are not important factors to consider when approving such loans. This fact makes no credit check loans a suitable borrowing option for individuals who have poor credit scores or bad credit histories and have no chance of being granted loans by financial institutions.

These loans do not require any security as collateral and are usually accompanied by interest rates that are relatively higher than those offered by conventional financial institutions. Therefore, it is highly advised that you thoroughly examine the fees, rates, and terms before taking them.

What Are the Examples of No Credit Check Loans

Several types of loans can be extended to borrowers without having hard credit checks performed. They include:

Payday loans – These are short-term loans that are taken to be repaid on the borrower’s next payday. They are taken in small amounts that could range from a few hundred dollars to a few thousand dollars and are meant to cover unexpected expenses before payday.
Car title loans – These are secured loans that use the vehicle as collateral. The lenders of car title loans tend to hold onto the title of the vehicle until the loan is paid back in full. It is key to note that they have high-interest rates and fees.
Cash advance – A cash advance is a type of short-term loan that allows you to borrow money against your future paycheck. Cash advances can be obtained through your credit card or a payday lender.
No credit check installment loans – An installment loan is a type of loan that is repaid over time through a series of scheduled payments or, better yet, installments. They can be used for various purposes, such as home repairs, medical bills, or car purchases, and are available through a variety of lenders.
Personal lines of credit – A personal line of credit is a flexible borrowing option that allows you to access funds as needed, up to a predetermined credit limit. These are similar to credit cards, but instead of a revolving credit limit, you are given a line of credit that you can draw from as needed.

What to Look at to Get the Best No Credit Check Loan

When obtaining a no credit check loan, there are important aspects that must be considered to ensure you not only get the best lenders and offers but also make an informed decision. Some of those factors include:

Interest rates – The interest rate, being the amount that the lender charges on the loan has to be compared between various lenders to ensure that you get the lowest rates available.
Fees – It is important to read carefully the terms of the loans and understand all the fees associated with the loan before agreeing to it. These fees may include origination fees and late repayment fees among others.
Online reviews – It is of the essence to take a sneak peek at the online reviews of the possible lenders to have a glimpse of what previous borrowers have to say. This will give you an idea of the lender’s reputation and customer service.
Licensing – Laws regarding no credit check loans are not similar in all states. As such, it is important to ensure that the lender you choose is licensed to operate in your state and is compliant with all state laws. Licensed lenders tend to follow the regulations on fee limits, interest rates, and loan terms.
Terms – Understand the loan terms and conditions, such as the repayment period, payment frequency, and any penalties for early or late repayment. Ensure that the terms are favorable and suit your financial needs.

Alternatives to No Credit Check Loans

When you need quick cash, you may consider getting a no credit check loan. However, it is important to note that there are several alternatives to no credit check loans. Here are some options, especially if you have a good credit score:

Personal loans – If you have a good credit score, you may be able to qualify for a personal loan from a bank, credit union, or online lender. Personal loans typically have lower interest rates than no credit check loans and may have more flexible repayment terms.
Co-signer loans – Getting a co-signer with good credit to apply for a loan gives you a higher chance of approval and getting a favorable interest rate. However, it is important to repay the loan on time to improve your credit and avoid leaving the co-signer responsible for the payments.
Credit unions – Unlike banks, credit unions offer loans at lower interest rates than most traditional lenders. They often provide flexible repayment terms and lower fees.
Secured loans – Secured loans require collateral, such as a car or property, to secure the loan. They have lower interest rates than unsecured loans as the collateral reduces the risks associated.
Bad credit loan lenders – These are lenders who are specifically designed for borrowers with poor credit scores. These lenders offer loans with higher interest rates and fees, but they are more willing to lend a helping hand if you have a low credit score.

Eligibility Criteria for No Credit Check Loans

Even though no credit checks are performed for no credit check loans, there are several other background checks that lenders perform to ensure eligibility. They are:

A US citizenship.
Be at least 18 years of age.
A verifiable source of income.
An active bank account.
Functional contact details.

The above qualifications are easily met by a fair share of applicants and as a result, high approval rates are attributed to no credit check loans.

In addition, the application processes are easy to follow, and the cash payouts are almost instantaneous, as they are instantly approved.

Frequently Asked Questions

Do I have to visit a physical store to apply for a no credit check loan?

No, most lenders offering no credit check loans have online applications. You can apply for the loan online and receive the funds directly deposited to your bank account.

How much can I borrow?

The amount you can borrow depends on the lender’s policies. The maximum amount you can get from a no credit check loan is $50,000.

Do I have to pay fees?

Not necessarily. Most lenders do not charge prior or extra fees for loans. Nonetheless, some charge application fees, processing fees, and late payment fees. The fees vary by lender, and you should review the terms and conditions carefully before accepting a loan offer.

Are no credit check loans a good idea?

No credit check loans are a good option for people with bad credit or no credit history who need quick cash. However, it is vital to ensure that you can adhere to the loan’s terms and policies.

What happens if I miss a loan repayment?

If you miss a loan repayment for a no credit check loan, you will likely face additional fees and interest charges. In addition, your credit score may be negatively impacted, making it harder for you to obtain credit in the future. Some lenders may also report late payments to credit bureaus, which can lower your credit score. It’s important to contact your lender as soon as possible if you think you may miss a payment and work out a plan to avoid any negative consequences.

Company Name:Payday Ventures Ltd (trading as Credit Clock)
Email:business@paydayventures.com
Phone:+44 208 064 1293

Disclaimer & Affiliate Disclosure

The information presented in this press release is provided for general informational purposes only and does not constitute financial advice, lending advice, or legal guidance. Credit Clock is not a lender, does not make credit decisions, and does not issue any loan or financial product directly. All loans are subject to the approval criteria and underwriting processes of independent third-party lenders or lending networks, which may include additional checks and verification of eligibility.

Loans facilitated through the Credit Clock platform are available to individuals aged 18 and over, contingent upon status, state of residence, and the criteria set by lending partners. Availability of products and services may vary by jurisdiction and may not be accessible to residents of all U.S. states. Services are explicitly unavailable in the following states: Arkansas, Connecticut, New Hampshire, New York, Montana, South Dakota, Vermont, West Virginia, Indiana, and Minnesota.

This press release may contain references to third-party offers, services, or products. Any representations, benefits, rates, or terms mentioned are subject to change at the sole discretion of the respective provider. No guarantees are made regarding loan approval, loan amounts, or funding timelines. While some lenders may offer loans up to $5,000, this amount is not guaranteed and will depend on individual qualifications and lender policies. Some lenders may conduct soft or hard credit checks with credit bureaus such as Experian, Equifax, or TransUnion, or use alternative credit reporting systems.

No Guarantee of Loan Approval or Terms

Completing the online form does not constitute a loan application and does not guarantee approval, qualification, or receipt of funds. Credit Clock uses a proprietary algorithm to connect users with potential lenders based on the borrower’s profile and the available lending options within its network. Not all lenders or loan products are accessible through this service, and users are encouraged to independently evaluate all available financial solutions to determine what best suits their individual needs.

Funding Model and Compensation Disclosure

This website does not charge users any fees for submitting loan requests. The operator of this website is a broker, not a direct lender. Compensation is received from lenders, lender networks, and other marketers in the network when a user is matched and offered a financial product or alternative lending option through this platform.

Annual Percentage Rates (APR) and Terms

Representative APRs for installment loans accessed through this service may range from 5.99% to 35.99%. The minimum repayment term is 61 days. Actual APRs and loan terms may vary depending on the borrower’s creditworthiness, financial history, state of residence, and lender assessment. APR disclosures are based on historical lender data and are illustrative only; they do not reflect a guarantee of rates. Not all users will qualify for the lowest advertised rates.

Tribal Lender Disclosures

Some lending partners may operate under tribal jurisdiction and are governed by federal and tribal laws, not state law. As such, rates, fees, and loan terms may differ substantially from those offered by state-licensed lenders and may be higher in certain cases. Consumers should review all loan agreements thoroughly before accepting terms.

Publisher & Syndication Partner Disclaimer

The content herein is distributed for informational purposes only and reflects the opinions of the original source at the time of publication. All facts, figures, representations, and claims regarding loan services or benefits are provided by Credit Clock and are subject to change without notice. Neither the publisher of this press release nor any affiliated distribution or syndication network shall be held liable for errors, inaccuracies, outdated information, or omissions contained herein. This release may contain typographical errors or inadvertent misstatements.

Parties interested in financial products described herein are strongly advised to conduct independent due diligence, verify terms directly with lenders, and seek appropriate legal or financial counsel prior to entering any agreement.

The MIL Network –

May 20, 2025

MIL-OSI: BigCommerce to Present at Baird Global Consumer, Technology & Services Conference

Source: GlobeNewswire (MIL-OSI)

AUSTIN, Texas, May 19, 2025 (GLOBE NEWSWIRE) — BigCommerce Holdings, Inc. (“BigCommerce”) (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands, retailers, manufacturers and distributors, today announced that Chief Financial Officer Daniel Lentz will present and host meetings with institutional investors at the Baird Global Consumer, Technology & Services Conference on Tuesday, June 3, 2025 at 10:50 a.m. Eastern Time (9:50 a.m. Central Time).

A live webcast of the presentation will be accessible from the BigCommerce investor relations website at https://investors.bigcommerce.com. Following the event, a replay will be made available at the same location.

About BigCommerce

BigCommerce (Nasdaq: BIGC) is a leading open SaaS and composable ecommerce platform that empowers brands, retailers, manufacturers and distributors of all sizes to build, innovate and grow their businesses online. BigCommerce provides its customers sophisticated professional-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries rely on BigCommerce, including Coldwater Creek, Harvey Nichols, King Arthur Baking Co., MKM Building Supplies, United Aqua Group and Uplift Desk. For more information, please visit www.bigcommerce.com or follow us on X and LinkedIn.

BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners.

The MIL Network –

May 20, 2025

MIL-OSI Economics: WTO members discuss duty-free electronic transmissions, hear views from private sector

Source: WTO

Headline: WTO members discuss duty-free electronic transmissions, hear views from private sector

Four private sector representatives from Africa, the Caribbean, Europe and Latin America underlined the importance of maintaining the moratorium during the workshop, which was convened by the facilitator following requests from several delegations.
The private sector speakers were Andy Berahazar and Kristoff Pragg of Coded Arts, an animation firm in Trinidad and Tobago; Pinaman Owusu-Banahene of ADJOAA, an online marketplace for African fashion designers; Pascal Kerneis of the European Services Forum; and Sofía Pérez Gasque Muslera of the Mexican Association of the Information Technology Industry, which represents a network of technology companies.
During the 13th WTO Ministerial Conference (MC13), held in Abu Dhabi in early 2024, members had agreed to maintain the current practice of not imposing customs duties on electronic transmissions until MC14 or 31 March 2026, whichever is earlier. The private sector speakers suggested that allowing the moratorium to lapse would destabilize the digital trade environment and disproportionately impact small enterprises by raising costs.
Martine Julsaint of UNCTAD gave an overview of its recent report, “Indirect taxation of e‑commerce and digital trade: Implications for developing countries.” The report focuses on the taxation challenges in digital trade, policy gaps, and revenue mobilization strategies.
Members then had the opportunity in a dedicated session of the workshop to discuss the reasons underlying their positions on the moratorium. Ambassador Matthew Wilson of Barbados, coordinator of the African, Caribbean and Pacific (ACP) Group; Saut Mulia, Finance Attaché of the Indonesian Embassy in Brussels; and Maha Gabbani from the Mission of Saudi Arabia to the WTO provided presentations to kickstart members’ discussions. This was followed by a discussion among all members.
Further details can be found on the event webpage.
Concluding the meeting, the facilitator said the discussion will help members consider how to move forward on the issue in preparation for MC14. The facilitator said he will hold bilateral consultations and convene a mid-year stocktaking meeting.
“I encourage delegations to further reflect on what they have heard today and on possible next steps, both on the moratorium, including its scope and coverage, and on the Work Programme more broadly,” Ambassador Brown said.

MIL OSI Economics –

May 20, 2025

MIL-OSI: Nimanode Launches First AI Agent Platform on XRP Ledger, Powered by NMA Token Launch

Source: GlobeNewswire (MIL-OSI)

LEEDS, United Kingdom, May 19, 2025 (GLOBE NEWSWIRE) — The future of AI automation in Web3 has officially arrived with the launch of Nimanode, the first AI agent platform built on the XRP Ledger. Designed to empower creators, DAOs, and enterprises, Nimanode introduces a zero-code builder and AI agent marketplace—marking a major milestone in the evolution of decentralized automation. Coinciding with the platform’s debut is the presale of the $NMA token, unlocking early access to the next wave of intelligent, on-chain agents that generate smart contracts, optimize DeFi strategies, and monitor compliance—all on one of the world’s fastest and most secure blockchains.

The XRP ecosystem is advancing rapidly, as the next wave of Web3 innovation keeps emerging on the faster, smarter, and more efficient blockchain.

At the core of this evolution is Nimanode, pioneering the first AI agent platform built on the XRP Ledger, empowering creators to build and deploy autonomous AI agents that automate smart contracts, and unlock new possibilities in decentralized tech.

With a zero-code builder and a powerful AI agent marketplace, Nimanode is redefining how Web3 projects are launched, scaled, and automated.

As enterprises explore tokenized assets, DeFi infrastructure, and decentralized identity, one thing becomes clear, work done is still manual. Nimanode, is laying the groundwork for a decentralized workforce made of AI agents, each capable of executing smart contracts, optimizing DeFi strategies, and monitoring on-chain compliance. Best news, they are doing it on one of the fastest and secure blockchains available, XRP Ledger.

New Kind of On-Chain Intelligence

Nimanode agents aren’t just simple bots. These agents think, analyze, and execute on-chain tasks ranging from:

Smart Contract Generation: AI that turns plain-English prompts into executable XRPL Hook contracts.

DeFi Yield Optimization: Self-directed agents that shift capital between pools to maximize APY.

Risk Monitoring: Agents that scan wallets and contracts to flag malicious activity in real-time.

Web3 Customer Support: Deployable support agents that run 24/7 across DAO forums, dApps, and more.
RWA Compliance: Regulatory agents that keep tokenized assets aligned with local frameworks.

And all of it can be created from a zero-code interface, allowing creators, DAOs, or institutions to launch an entire automated ecosystem in minutes.

An Ecosystem on XRP Powered By $NMA

The $NMA token powers every layer of the Nimanode ecosystem. With a fixed supply of 200 million, and only 45% allocated to the presale, early participants gain exposure not just to a token but to a new kind of economic engine capped at 90 million $NMA. The utility of $NMA is infused into every layer of their ecosystem to ensure its longevity and use case. Included but not limited to:

Deploying Agents – Lower deployment costs just by holding $NMA
Agent Marketplace – Use $NMA to access discounts on purchasing AI agents
Staking & Yield – Stake $NMA to earn passive rewards
Governance – Voting on ecosystem proposals and upgrades

Final Word: Don’t Miss Out on Nimanode

As Web3 scales into real-world systems, the demand for automation, efficiency, and intelligence grows. The unique proposition of AI and XRPL has seen a rapidly escalating interest from the web3 community, evidenced by surging members and buzz being created on social media and their pages.

Though the AI narrative in crypto has largely revolved around generative content and algorithmic trading, Nimanode expands that vision by building a full-blown infrastructure for AI agents that live, think, and work on-chain.

Be part of the future Nimanode is building

Website: https://nimanode.com
Twitter/X: https://nimanode.com
Telegram: https://t.me/nimanodeAI
Documentation: https://docs.nimanode.com

Contact:
Nick Lambert
contact@nimanode.com

Disclaimer: This is a paid post and is provided by Nimanode. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/31f6f964-8a68-4b16-9d3c-9d17a4d5a691

The MIL Network –

May 20, 2025

MIL-OSI: Best VPN 2025: NordVPN Tops VPN Service Providers Rankings

Source: GlobeNewswire (MIL-OSI)

Dallas, May 19, 2025 (GLOBE NEWSWIRE) —

NordVPN has emerged as one of the best VPN services in the US, widely recognized for its strong security features, fast connection speeds, and user-friendly interface. This major accolade comes as more and more people seek to encrypt their internet traffic for enhanced security and privacy.

CLICK HERE TO GET THE BEST VPN 2025: NORDVPN

“For most people in the US and across the globe, the internet isn’t a luxury anymore but part of everyday life. From shopping online to learning new things or paying bills, the internet has become a necessity. Therefore, it has become more important than ever for NordVPN to keep connections private and secure.”

First and foremost, NordVPN sets the standard by incorporating a clean and easy-to-use user interface. Whether a seasoned user or a beginner, users can easily get started and choose their pricing plans without help. This look and feel is maintained across all platforms, including Windows, macOS, iOS, and Linux. End users with direct experience have described the platform as clear and visually engaging in a simple way that doesn’t compromise functionality.

CLICK HERE TO GET THE BEST VPN 2025: NORDVPN

Users can easily connect to the fastest and most secure server by clicking on Quick Connect. A comprehensive list of servers can be filtered based on specialty, such as P2P or double VPN. Moreover, users can view clear real-time indicators of their connection status.

Moreover, it is easy for beginners to get started. Users can configure their VPNs to connect automatically or manually. Automatic connections enable users to be protected all the time, while manual connections enable connections depending on needs. When it comes to pricing, NordVPN has worked out plans that suit users with different budgets. With each plan, users can connect up to 10 devices simultaneously. Here is a guide.

Choose a subscription plan.

Create your account.

Select a payment method to complete your purchase.

NordVPN stands out from its competitors when it comes to security. The VPN provider takes your online security to the next level by offering a double VPN. This routes your traffic through two servers, which adds an extra layer of encryption to the user’s online activity — a feature few VPNs offer. Other features that provide robust defense against malware, trackers, and data leaks include Threat Protection and Dark Web Monitoring. These two features prevent users from downloading malware while blocking trackers and ads. Users can rest assured that their accounts are safe by activating the Dark Web Monitor. In case of any password and data leaks, the user will be informed to take the necessary action.

“In a time when digital threats are evolving faster than ever, NordVPN continues to set the gold standard in online security. From RAM-only servers to next-generation encryption and independent audits, everything we do is built on trust — because our users deserve complete privacy without compromise.”

Additionally, NordVPN’s advanced features show its unwavering commitment to online privacy. For instance, users have access to encrypted cloud storage, which allows them to encrypt their files and back them up in secure cloud storage. Another notable example is NordProtect. This free feature is available to US users only and protects them from identity theft by monitoring a user’s account, credit card activity, and credit score. Other premium services include password managers and secure remote file access.

Regarding infrastructure, NordVPN stands at the forefront. The provider has significantly invested in expanding and optimizing its server network, ensuring high-quality performance and broad accessibility. This robust infrastructure is crucial, as it directly impacts the VPN’s coverage, speed, and reliability for users worldwide. NordVPN has more than 7,600 VPN servers spread across 118 locations.

Of these, 25% are spread across the US in 16 locations. Additionally, NordVPN has integrated advanced server technology to maximize speed and security. For instance, NordVPN has leveraged RAM-only servers that ensure data is wiped out whenever the server restarts. Additionally, open-source protocols such as the WireGuard-poweredNordLynx protocol are integrated to enable the highest level of encryption.

The speed of any VPN is critical — even with the best security features, low speeds could greatly affect usability. NordVPN has dedicated efforts towards high speeds to improve the quality and speed of connection. Through their server infrastructure, NordVPN delivers impressive connection speeds. Users in the USA enjoy the highest speeds of up to 2964 mb/s. In addition, using lightweight protocols comes in handy for speed. SmartPlay technology has enhanced security and privacy without compromising on speed for gamers and live streamers.

NordVPN has poured resources into ensuring a flawless experience from purchasing plans to connectivity. However, in case of any hitches, the platform has reliable customer support. The team is available around the clock and offers prompt and knowledgeable responses. Users can access the team through the live chat feature. Several site blog guides teach how to troubleshoot any app or connection issues. As a top-ranking VPN provider, this is evidence enough that NordVPN goes above and beyond to ensure customer satisfaction.

NordVPN’s rise to the top is due to its commitment to privacy and freedom to decide what users share. This has been delivered perfectly by incorporating the latest advanced technology.

NordVPN Support:

Disclaimer and Disclosure Notice

The information provided in this article is for general informational purposes only and does not constitute professional advice, financial guidance, or an endorsement of any specific product or service. While every effort has been made to ensure the accuracy of the content at the time of publication, no guarantees are made regarding its completeness, timeliness, or relevance. The publisher, the author, and any affiliated syndication partners disclaim any liability for any errors or omissions, including but not limited to typographical or factual inaccuracies that may be present.

This article may contain references to third-party products and services. Any product claims, statistics, quotes, or other representations should be verified with the manufacturer, provider, or party in question. Readers are encouraged to perform their own due diligence before making any purchase or relying on the content in any capacity.

Some links within this article may be affiliate links. This means the publisher or author may earn a commission if a reader clicks through and makes a purchase, at no additional cost to the reader. Such commissions help support the production and distribution of content but do not influence the editorial integrity or recommendations presented.

All parties involved in the creation, distribution, and promotion of this article — including syndication partners — are held harmless from any liability arising directly or indirectly from the use or misuse of the information herein. Inclusion of product references does not constitute a formal endorsement by the publisher or its affiliates.

Use of the information in this article is strictly at the reader’s own risk.

The MIL Network –

May 20, 2025

MIL-OSI: Licensed Crypto Mining Platforms Like F2Hash Redefine Global Landscape Amid Bitcoin Boom

Source: GlobeNewswire (MIL-OSI)

New York City, NY, May 19, 2025 (GLOBE NEWSWIRE) —

In a landmark development for the digital asset industry, licensed and regulated cloud mining platforms are emerging as the backbone of Bitcoin’s post-$100K resurgence. Spearheaded by industry leaders such as F2Hash, the market is witnessing a profound shift from fragmented, independent miners to scalable, compliant, and sustainable infrastructure. As profitability metrics soar and institutional capital floods in, the global mining map is being redrawn—fast.

F2Hash, among the top-tier mining entities, has become a symbol of this evolution. Founded in 2022 and headquartered in Nicosia, Cyprus, F2Hash operates with a licensed framework under CySEC and FINMA banking oversight. The platform now controls 12.5 EH/s of hash rate and achieves a remarkable 92% use of renewable energy, thanks to its integration with the EU’s Green Mining Initiative.

“Mining is no longer a guessing game. Our mission is to bring structure, trust, and sustainability to the process,” said Konstantin Vassilev, CEO of F2Hash. “We’re not just adapting to this new era—we’re helping define it. With institutional confidence rising, it’s the platforms that offer transparency, compliance, and energy efficiency that will lead the charge.”

Cloud mining in 2025 looks fundamentally different from years past. Instead of managing physical machines, users opt for mining contracts that leverage large-scale, high-efficiency facilities. ASIC hardware now achieves performance benchmarks upwards of 450 TH/s, enhanced by liquid cooling technologies that minimise energy loss. Profitability has jumped sharply, with licensed cloud contracts offering 18–24% ROI annually, outpacing home mining setups burdened by higher energy costs.

According to recent industry data, licensed platforms now command over 65% of global hash power. This includes major players such as:

BitFuFu, a Bitmain-backed platform that raised $300M in Series C funding and operates under Dubai’s Virtual Asset Mining Law.
CryptMain, innovating with a nuclear-backed mining protocol, is leading in European markets.
BitDeer, publicly listed on NYSE, is known for its energy-optimised smart routing systems.
ECOS, an Armenian-based firm focused on carbon offset contracts and flexible terms.
NiceHash, the largest hash marketplace, which now offers institutional DeFi integration.
Hashing24, a veteran platform now bridging mining with Bitcoin Layer 2 infrastructure.

F2Hash stands out not only for its performance but also for its operational model—offering fixed-term mining contracts with daily payouts and real-time monitoring dashboards for users. Its solar-powered data centers and instant withdrawal systems provide the scalability and environmental accountability regulators demand.

As governments enforce tighter controls on energy usage and financial flows, platforms like F2Hash are well-positioned to benefit. The EU’s upcoming Climate-Neutral Mining Directive is expected to further favor regulated operators using renewable energy and advanced cooling systems, which can boost energy efficiency by 40%.

Industry experts suggest that by 2026, up to 75% of global mining could be concentrated in regulated cloud platforms. Meanwhile, traditional financial institutions continue to enter the space, with mining-backed ETFs, structured investment products, and derivative instruments gaining traction.

The crypto mining industry is shedding its anarchic roots and embracing structured, sustainable growth. For companies like F2Hash, this is more than a market shift—it’s the beginning of a new industrial era.

For more information, visit F2Hash’s website or contact Nikolai Terskikh at support@f2hash.com.

Media Contact Detailsz
Contact Name: Nikolai Terskikh
Contact Email: info@f2hash.com
City/Country: Dimofontos, Nicosia, Cyprus
Website: https://f2hash.com

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risk. There is potential for loss of funds. You should practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

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The MIL Network –

May 20, 2025

MIL-OSI Russia: China is transforming from the world’s factory into a global innovation center – Chinese Ambassador to Russia Zhang Hanhui

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

Source: People’s Republic of China – State Council News

Moscow, May 19 /Xinhua/ — China has demonstrated impressive success in scientific research and technological development in recent years, turning from the world’s factory into a global innovation center, said Chinese Ambassador to Russia Zhang Hanhui.

“The prototype of the quantum computer “Zu Chongzhi 3.0” on superconductors set a new world record for quantum advantage performance. In the global AI industry, the DeepSeek model proved that size does not always matter, refuting the principle of “the bigger, the better.” Yushu Technology has become a leader in the production of four-legged robots, occupying about 70 percent of the world market. All these achievements testify to the high level of technological development of China,” the ambassador noted in an article published on Monday in the Russian newspaper “Trud.”

“There are 26 scientific and technological innovation clusters in the country, which are among the top 100 in the world, confirming China’s status as one of the economies with the fastest growth in innovation activity over the past decade,” the diplomat writes, citing data on funding for research and development (R&D). In this indicator, China has moved into second place in the world: its share of R&D expenditure has reached 2.68 percent of GDP. China occupies a leading position both in the number of international patent applications filed through the PCT (Patent Cooperation Treaty) procedure and in the number of applications to the Hague System for the Registration of Industrial Designs.

“In the field of strategic high technologies, significant results have been achieved: the Chang’e-6 mission collected samples from the far side of the Moon for the first time in the world; the Earth’s Crust 1 drilling rig drilled a hole 10,000 meters deep; the Fendouzhe manned deep-sea vehicle dived more than 10,000 meters underwater; and the world’s first fourth-generation nuclear power plant was put into operation,” the ambassador lists.

According to him, China has formed a “comprehensive ecosystem of the AI industry, covering all levels: from basic technologies and infrastructure to models and application solutions.” In the field of AI, there are more than 400 “small giants” – fast-growing innovative companies, which is about 10 percent of their total number in the world.

“The success of companies like Huawei, BYD and DeepSeek proves that China is transforming from the world’s factory into a global innovation hub,” Zhang Hanhui emphasizes in his article. –0–

MIL OSI Russia News –

May 20, 2025

MIL-OSI United Nations: South Dakota School of Mines and Technology (SDMST)

Source: UNISDR Disaster Risk Reduction

Mission

The South Dakota School of Mines & Technology (South Dakota Mines, SD Mines, or SDSM&T) is a public university in Rapid City, South Dakota.

It is governed by the South Dakota Board of Regents and was founded in 1885. South Dakota Mines offers bachelor’s, master’s, and doctoral degrees.

MIL OSI United Nations News –

May 20, 2025

MIL-OSI: Smarter Crypto Mining Begins with DRML Miner’s AI Engine

Source: GlobeNewswire (MIL-OSI)

New York City, NY, May 19, 2025 (GLOBE NEWSWIRE) —

DRML Miner, a pioneer in blockchain-powered mining infrastructure, has announced the deployment of its next-generation AI-driven optimization engine, a powerful enhancement designed to streamline contract selection, minimize operational drift, and unlock peak performance across its global mining network.

Launched as part of DRML’s long-term innovation roadmap, the system blends algorithmic intelligence with user-centric design to increase profitability while reducing energy overhead. The tool offers dynamic contract recommendations, real-time performance tuning, and smart energy balancing based on user input and network conditions, transforming the way individuals and institutions participate in computational asset generation.

“Our mission isn’t just about mining coins; it’s about mining smarter,” said Alyssa Taylor, CEO of DRML Miner. “With this new engine, users aren’t just leasing hashpower—they’re influencing intelligent infrastructure that evolves in real-time to suit their financial goals. This isn’t passive income. It’s precision income.”

Unlike traditional platforms where users manually select contracts based on static metrics, DRML’s new engine processes over 70 variables — including token volatility, contract yield curves, market saturation, and power efficiency to auto-optimize each mining cycle.

The technology is embedded across both desktop and mobile interfaces, making it easy for users to monitor asset performance, receive predictive suggestions, and rebalance their portfolio with a single tap.

This rollout follows months of internal testing, where beta users reported up to 19% higher net returns when compared to standard plan execution.

DRML Miner’s new engine introduces features such as autopilot contract matching, yield forecast dashboards, adaptive user profiles, and power reallocation logic that shifts loads to data centers operating on the most cost-effective and renewable energy sources at any given time. All existing and future mining contracts now function under this evolving intelligent framework.

The system supports mining for a diverse range of digital assets, including BTC, ETH, DOGE, XRP, USDC, and SOL. Users can begin with as little as $10 or scale to institutional-tier contracts of $100,000 or more.

In addition to its technical edge, DRML Miner maintains a sustainability-first approach. Its AI infrastructure operates across 100+ mining hubs in low-carbon energy zones spanning Northern Europe, Central Asia, and North Africa. The company’s architecture relies entirely on renewable power, reinforcing its commitment to green computation.

New users can claim a $10 welcome bonus and activate their first plan without setup costs. All contracts come with daily payouts and optional affiliate rewards, allowing users to generate commissions simply by sharing their link — no deposit required.

DRML Miner has positioned itself as an innovation-first platform that caters equally to individual users and institutional capital. By blending AI precision with low-barrier access, the company continues to reshape the economics of crypto mining in a way that is clean, scalable, and intelligent by design.

About DRML Miner
Founded in 2018 and headquartered in London, DRML Miner has served over 7 million users across 180+ regions. The platform is trusted for its robust cloud infrastructure, fully transparent returns, and unwavering focus on ethical, eco-powered blockchain technology.

Media Contact:
Alyssa Taylor
DRML Miner PR Team
Address: 10 Hollies Road, Allestree, Derby, England
Email: info@drmlminer.com
Website: https://www.drmlminer.com

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risk. There is potential for loss of funds. You should practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

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DRML Miner

The MIL Network –

May 20, 2025

MIL-OSI Europe: Highlights – EU-UK Trade and Cooperation Agreement – Committee on the Internal Market and Consumer Protection

Source: European Parliament

On 19 May, Members discussed the implementation of the EU-UK Trade and Cooperation Agreement. The Rapporteur, Sandro Gozi (Renew), highlighted the importance of strengthening the EU-UK partnership. He also welcomed the UK´s plans to legislate for the indefinite recognition of the CE marking across additional product regulations.

In the draft opinion, the Rapporteur raises concerns on the UK´s border target operating model and its related problems for EU traders on customs formalities. The draft opinion mentions that regulatory convergence on digital legislation should be promoted, in particular on online platforms and AI. Indeed in this domain, the Rapporteur calls for the establishment of an EU-UK AI forum.

MIL OSI Europe News –

May 20, 2025