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Category: Economy

  • MIL-OSI: SEC, Quidax Bring Together Top Banks, Asset Managers to Drive Digital Assets Adoption in Nigeria

    Source: GlobeNewswire (MIL-OSI)

    L-R: Anya Edmund Duroha Chairman, African Founders Launchpad; Buchi Okoro, Co-founder and Chief Executive Officer of Quidax; Pascal Maguire, Sales Director for Africa at Fireblocks; Ajibade Laolu Adewale, Chairman of the Committee of E-Business Heads in Nigerian Banks and Chief Partnership Officer at Wema Bank; Ugodre Obi-Chukwu, Founder and CEO at Nairametrics; Abdulrasheed Dan Abu, Head of FinTech and Innovation at the Securities and Exchange Commission (SEC).

    LAGOS, Nigeria, July 08, 2025 (GLOBE NEWSWIRE) — The Securities and Exchange Commission (SEC) Nigeria, in collaboration with leading digital assets exchange Quidax, hosted an educational series aimed at equipping Nigerian finance professionals with the knowledge and tools needed to navigate the evolving digital assets ecosystem.

    The exclusive two-day event, held at the prestigious Capital Club in Victoria Island, Lagos, convened representatives from commercial banks, asset management firms, pension fund administrators, and securities traders. Some of the participants at the event were from Zenith Bank, ARM, Investment One, FBNQuest, Interswitch, Ecobank, Africa Prudential, Meristem, Wema Bank, Capitafield, Sterling Bank, and several other companies.

    Driving Adoption Through Education and Regulation

    Speaking at the event, Abdulrasheed Dan Abu, Head of FinTech and Innovation at the Securities and Exchange Commission, underscored the programme’s significance. He stated that the initiative reflects the commission’s statutory responsibility not only to regulate the capital market but also to actively develop it.

    Dan Abu emphasized the integral role of traditional financial institutions in the growth of the digital asset ecosystem. “The banks hold fiat currency. If they don’t understand what is going on, it creates a disconnect in the value chain. The more banks that understand digital assets, the better the playing field for users,” he explained.

    This educational series builds on a series of significant regulatory milestones in Nigeria’s digital finance space. On 29 March 2025, President Bola Tinubu signed into law the Investments and Securities Act (ISA) 2025, which formally classifies cryptocurrencies and other virtual assets as securities, thereby placing them under the SEC’s purview. Prior to this, in June 2024, the commission issued rules for Virtual Asset Service Providers, providing crucial regulatory backing to exchanges and other entities operating in the space.

    Quidax’s Pan-African Mission and the Importance of Collaboration

    Buchi Okoro, Co-founder and Chief Executive Officer of Quidax, highlighted the event’s core purpose: supporting adoption by educating both beginners and advanced participants within the financial industry. “Adoption starts with education. This session caters to people at different knowledge levels, from total beginners to those who have conducted blockchain pilots,” he said.

    Okoro reiterated Quidax’s ambitious Pan-African mission, noting that the exchange already operates in nine countries and plans to expand to all 54 African nations. “We’re solving African problems for Africans, and this event partnership with the SEC helps us do that within regulatory guardrails,” he added.

    Industry Leaders Endorse the Initiative

    The event garnered strong support from other key industry players, reinforcing the collaborative spirit essential for digital asset integration.

    Pascal Maguire, Sales Director for Africa at Fireblocks, stressed the need for such forums: “We need more finance and payments experts and decision makers to attend such forums as this enables them to see that they have trusted partners in firms like Quidax, Fireblocks, and the SEC who can both educate them and guide them on their adoption and innovation journey.”

    Ajibade Laolu Adewale, Chairman of the Committee of E-Business Heads in Nigerian Banks and Chief Partnership Officer at Wema Bank, a panelist at the event, highlighted the pressing need for digital assets due to inefficiencies in traditional banking. “Today, moving money internationally still takes days and depends on informal channels. With blockchain, you can transfer value instantly and securely,” he stated.

    Attendees also expressed their positive reception. Sunday Joseph Olaniyan, Head of E-Business at Sun Trust Bank, remarked, “Events like these bring such awareness even closer to us as institutions here in Nigeria and presents us with the opportunity to not be left out of this wave of change. People like myself who have been aware of digital assets are now even more sensitized to the global trend and I sure do not want to be left behind at all.”

    Adding to the sentiment, Bukola James-Cole, Director of Capital Market at Africa Prudential PLC, spoke about the natural evolution of money. She emphasized, “Whether we like it or not it will happen so the earlier we start getting educated about digital assets the better for the industry.”

    About Quidax

    Quidax is an African-founded cryptocurrency exchange that makes it easy for anyone to buy, sell, store and transfer cryptocurrencies. Quidax additionally enables OTC trading and gives fintechs the tools to offer cryptocurrency services to customers through a dedicated crypto API.

    Quidax was officially launched in 2018 and has customers in over 70 countries.

    Contact:
    Pearl
    pearl@quidax.com

    Disclaimer: This content is provided by Quidax. 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/1ea4400e-9377-4b98-b4be-b7fb6531a1d5

    The MIL Network –

  • MIL-OSI: Almond FinTech Expands Its Transfer Network in APAC through Ample Transfers Partnership

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, July 08, 2025 (GLOBE NEWSWIRE) — Almond FinTech, the two-time CrossTech Innovation Award winner for “Crypto Payments Solution in Cross-Border Payments,” announced today that Ample Transfers, a 27-year-old remittance provider based in Singapore, has partnered with Almond’s proprietary technology to optimize its internal treasury and settlement operations for transfers from Singapore to Indonesia.

    This partnership marks a key milestone in Almond FinTech’s strategic expansion into Southeast Asia’s cross-border money flows.

    Award-Winning Technology Expands Across APAC with New Singapore—Indonesia Corridor

    The Singapore—Indonesia payment corridor represents a significant remittance route for Singapore’s Indonesian migrant community. Since launching in late May, Almond’s blockchain-based optimization technology has powered over $2 million SGD in transfers through this corridor—delivering exchange rates consistently better than mid-market FX rates and unavailable elsewhere in the industry. These results reflect the same transformative impact that earned Almond consecutive industry recognition in 2023 and 2024.

    “This partnership represents a natural evolution in our mission to remove barriers in global financial transfers,” said Adam Swartzbaugh, CEO and Co-Founder of Almond FinTech. “We’ve always believed true innovation comes from deeply understanding customers’ needs and building solutions that not only solve today’s problems but anticipate tomorrow’s. In a crowded and commoditized space, Ample stands out for its commitment to leveraging technology to deliver meaningful value to its customers—making them an ideal partner for our expansion across Asia.”

    Proven Performance Meets Regulatory Excellence

    Ample has been licensed as a Major Payment Institution by the Monetary Authority of Singapore for over 25 years, establishing its credibility as a trusted financial services provider. The partnership validates Almond’s ability to deliver superior performance while meeting Singapore’s regulatory requirements. Almond leverages a multitude of stablecoins as bridge assets to optimize cross-border treasury transfers between fiat currencies. Almond’s technology aggregates real-time market data to identify the most cost-effective and efficient transfer routes. This same breakthrough infrastructure is active across 10 countries and supports over 100 digital currencies.

    For Ample, this enables:

    • Better than mid-market FX rates through intelligent routing
    • Near real-time settlement for treasury transfers
    • Redundancy and reliability through multi-asset routing
    • Lower transaction costs compared to traditional rails

    Innovation Leadership Drives Market Expansion

    This partnership demonstrates Almond’s continued technology leadership in cross-border payments. The company’s consecutive CrossTech Innovation Awards underscore its role as an industry pioneer, consistently delivering solutions that address critical financial challenges globally.

    “Receiving this award is a testament to our team’s relentless commitment to pushing the boundaries of financial technology,” said Swartzbaugh, referencing Almond’s recent recognition. “This partnership with Ample shows how award-winning innovation translates directly into enhanced services for financial institutions and their customers. One of our strongest value propositions is helping clients optimize across multiple stablecoins, not just one, enabling better liquidity, tighter spreads, and more flexibility without complicating onboarding.”

    Embedded within Ample’s technology stack that powers their customer-facing and internal treasury operations, Almond’s technology enhances backend efficiency—delivering the same optimization capabilities that have positioned Almond as a leader in B2B cross-border payments.

    Strategic Growth in Southeast Asia

    The partnership with Ample positions Almond FinTech for continued growth across Southeast Asian markets, where digital payment adoption creates opportunities for technological enhancement. This expansion reflects Almond’s strategy of partnering with established, regulated institutions to deliver cutting-edge payment solutions.

    “We believe that stablecoins are the future, and powering remittances with them is the way forward. Partnering with Almond has allowed us to harness that future safely, through a treasury layer that delivers faster, cheaper, and more reliable settlement. For our customers, nothing changes on the surface—but under the hood, we’re moving with the times.” — Matthew Yap, CEO, Ample Transfers.

    About Almond FinTech

    Almond FinTech is a B2B fintech company transforming cross-border payments by empowering financial institutions and their customers with optimal FX Rates and near-instant settlements across all corridors globally.

    Visit www.almondfintech.com for more information.

    About Ample Transfers

    Founded in 1998, Ample Transfers is Singapore’s leading cross-border remittance provider, licensed as a Major Payment Institution by the Monetary Authority of Singapore. The company provides reliable, affordable remittance services to over 200 countries and territories through both physical locations and their remit.ai online platform, serving Singapore’s diverse communities for over 25 years. Visit www.ampletransfers.com for more information.

    Media Contact:

    Howard Davidson
    howard@almondfintech.com

    The MIL Network –

  • MIL-OSI: Titan Network Launches IP Leasing Browser Extension to Turn Idle IPs into Passive Income

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) — Titan Network has unveiled a browser-based IP leasing extension designed to turn everyday internet connections into secure, enterprise-ready infrastructure. This product marks a significant step in Titan’s broader mission to decentralize the cloud by mobilizing the untapped potential of user-owned digital resources.

    Developed in response to rising enterprise demand for trusted, distributed IP access, the extension allows individuals to contribute their unused residential IPs to real-world applications in AI, cybersecurity, and e-commerce – all with just a lightweight browser install.

    Unlike conventional Web3 projects, Titan’s infrastructure is built around commercial utility. The IP leasing extension lowers the barrier for users to participate while meeting the stringent requirements of enterprise clients, positioning Titan as a pioneer in practical, real-world adoption of DePIN architecture.

    Addressing the Demand for Reliable IP Resources

    In today’s digital landscape, enterprises face increasing challenges in sourcing trustworthy, geographically diverse IP addresses essential for operations like AI model training, e-commerce analytics, and fraud prevention. Traditional solutions often involve opaque methods, posing risks to both users and clients. Titan’s new browser extension offers a transparent and secure alternative, aligning with enterprise standards and ensuring user privacy.

    How It Works: Secure and User-Friendly Integration

    The lightweight extension is designed for ease of use. Once installed, it securely connects the user’s device to the Titan Network, securely enabling IP sharing without compromising privacy. Titan’s unique container architecture ensures each task is sandboxed, isolating network activity from a user’s local environment.

    Ready to join? Get started with the Titan IP extension here.

    Key features include:

    • Container-based isolation for secure task execution
    • On-chain contribution tracking for transparency and accountability
    • Automated task routing driven by verified enterprise needs

    Real-World Applications and Adoption

    Titan’s infrastructure is already live, supporting commercial clients such as TikTok, Tencent, iQIYI, and emerging AI platforms. Example applications include:

    • AI and data services: Facilitating region-specific IP access for training data collection
    • E-commerce monitoring: Enabling dynamic price tracking and ad verification
    • Security operations: Assisting in defense against DDoS and other threats

    Technological Innovation for Scalability

    Titan’s dual-layer container system reduces reliance on centralized relays, lowering risk and supporting secure, high-performance workloads. This architecture also enables direct communication between clients and contributors, minimizing the need for costly data rerouting and enhancing overall system security. As a result, more value can be retained within the network and distributed to node operators. This design allows Titan to deliver stable, enterprise-grade infrastructure that scales across diverse use cases. By addressing real-world demand through accessible, browser-native infrastructure, Titan is helping redefine how internet infrastructure is sourced, shared, and monetized.

    About Titan Network

    Titan Network builds decentralized cloud infrastructure by aggregating idle resources from global users. By aligning infrastructure growth with enterprise demand, Titan aims to deliver a resilient, equitable, and user-powered digital future.

    For more information, visit Titan Network’s official website.

    Media Contact Name: Neo Ge
    Email: media@titannet.io
    Website: https://titannet.io/

    Disclaimer: This content is provided by Titan Network. 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.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/47756f1b-1b88-4077-adae-5b4b5591e614

    https://www.globenewswire.com/NewsRoom/AttachmentNg/36795b47-3d78-47dc-8f23-a028d7de160e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/da6ae21f-e93e-4efe-9dbb-ae117aa06a3c

    The MIL Network –

  • MIL-OSI: Wearable Devices Partners with Japanese E-Commerce Platform to Expand Distribution and Market Reach for Mudra Band and Mudra Link

    Source: GlobeNewswire (MIL-OSI)

    Yokneam Illit, Israel, July 08, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced a collaboration with Media Exceed Co., Ltd. (“Media Exceed”), a leading e-commerce company in Japan. Under this agreement, Media Exceed will serve as a non-exclusive reseller of Wearable Devices’ innovative Mudra Band and Mudra Link products in the Japanese market, expanding the reach of its cutting-edge neural input solutions to one of the world’s most tech-savvy consumer bases.

    This collaboration aims to enhance the availability of Wearable Devices’ neural interface products in Japan, leveraging Media Exceed’s robust e-commerce platform and market expertise. The collaboration supports both drop shipping and wholesale models, ensuring streamlined order fulfillment and localized customer support for Japanese buyers.

    “We are excited to collaborate with Media Exceed to bring our cutting-edge gesture control technology to a broader audience in Japan,” said Asher Dahan, Chief Executive Officer of Wearable Devices. “This collaboration aligns with our strategic goal of expanding our global footprint and making our products more accessible to users worldwide.”

    Mr. Shinya Kasuga, Chief Executive Officer of Media Exceed commented on the collaboration, “We are eager to start working with Wearable Devices and bring the innovative Mudra products to the Japanese market. Their neural interface technology aligns perfectly with our vision to introduce cutting-edge solutions that enhance the way people interact with digital devices.”

    The Mudra Band, designed for Apple Watch users, and the Mudra Link, compatible with Android and Windows devices, utilize proprietary Surface Nerve Conductance sensors to detect neural signals from subtle finger movements. These signals are translated into intuitive commands, enabling touchless control of digital devices. The Mudra Link was recently showcased at CES® 2025, where it received an Innovation Award in the XR Technologies and Accessories category.

    Media Exceed will offer these products through its online platforms, providing Japanese consumers with direct access to Wearable Devices’ innovative technology. The collaboration is expected to enhance user experience and satisfaction by combining advanced wearable technology with Media Exceed’s customer-centric approach.

    About Wearable Devices

    Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) is a growth company pioneering human-computer interaction through its AI-powered neural input touchless technology. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s consumer products – the Mudra Band and Mudra Link – are defining the neural input category both for wrist-worn devices and for brain-computer interfaces. These products enable touch-free, intuitive control of digital devices using gestures across multiple operating systems.

    Operating through a dual-channel model of direct-to-consumer sales and enterprise licensing and collaborations, Wearable Devices empowers consumers with stylish, functional wearables for enhanced experiences in gaming, productivity, and extended reality (XR). In the business sector, the Company provides enterprise partners with advanced input solutions for immersive and interactive environments, from AR/VR/XR to smart environments.

    By setting the standard for neural input in the XR ecosystem, Wearable Devices is shaping the future of seamless, natural user experiences across some of the world’s fastest-growing tech markets. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq Capital Market under the symbols “WLDS” and “WLDSW,” respectively.

    Forward-Looking Statements Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss the aim of our collaboration with Media Exceed, benefits and advantages of our products and technology, our strategic goal of expanding our global footprint and making our products more accessible to users worldwide and that the collaboration is expected to enhance user experience and satisfaction. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2024, filed on March 20, 2025 and our other filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations Contact
    Michal Efraty
    IR@wearabledevices.co.il

    The MIL Network –

  • MIL-OSI: NANO Nuclear Signs a Memorandum of Understanding with UrAmerica Ltd. to Help Modernize and Develop Argentina’s Nuclear Fuel Supply Chain

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., July 08, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it has signed a Memorandum of Understanding (MOU) with UrAmerica Ltd., a private exploration company with a package of uranium and other critical metals licenses primarily in Chubut Province, Argentina.

    The newly signed MOU formalizes the discussions that NANO Nuclear initiated with UrAmerica to explore strategic development across Argentina’s uranium-fuel supply chain. Both companies are now working to evaluate specific opportunities, ranging from mining and conversion to UF₆ feedstock supply, that could aid NANO Nuclear in securing a dependable source of material for future supply chain options. Such evaluations may lead to the signing of definitive agreements between NANO Nuclear and UrAmerica related to particular projects.

    Argentina has one of the largest uranium repositories in the world and its government is currently looking into the privatization of their nuclear energy sector, enabling innovators like NANO Nuclear to invest and support the development of the nuclear energy infrastructure in the country. Through this MOU, NANO Nuclear and UrAmerica aim to build the mining and milling capacities of the uranium supply chain in Argentina with the intention to be a part of the uranium fuel cycle exports into the U.S.

    Under the MOU, the companies will pursue (i) favorable uranium offtake agreements, (ii) potential investments in mineral production and (iii) fuel-cycle infrastructure, and (iv) future joint ventures or related collaboration. One of NANO Nuclear’s goals in entering into the MOU is to help modernize Argentina’s nuclear sector while strengthening U.S. energy security by sourcing materials for nuclear fuel from a reliable partner.

    Figure 1 – NANO Nuclear Signs Memorandum of Understanding with UrAmerica Ltd., to explore strategic development across the uranium-fuel supply chain in Argentina

    “We are pleased to formalize our discussions with UrAmerica through this MOU as we seek to further extend NANO Nuclear’s international footprint,” said Jay Yu, Founder and Chairman of NANO Nuclear. “By collaborating with UrAmerica, we aim to position Argentina as a regional center for nuclear technology and a reliable supply-chain partner for the United States, strengthening the country’s existing infrastructure while advancing our shared goals.”

    “Argentina holds substantial deposits of strategic metals, like uranium, that could be a strategic supplier to us in the future,” said James Walker, Chief Executive Officer of NANO Nuclear. “The timing is also favorable, as the Argentine government is actively looking to reform its nuclear sector to attract international investment. We look forward to advancing our discussions and exploring future opportunities in South America.”

    “This Memorandum of Understanding with NANO Nuclear marks a pivotal step forward in unlocking the vast potential of Argentina’s uranium resources, aligning perfectly with UrAmerica’s mission to drive sustainable and secure critical mineral supply chains,” said Omar Adra, Executive Director & CEO of UrAmerica Ltd. and President of UrAmerica Argentina S.A. “Our extensive licenses package in the San Jorge Basin holds world-class uranium deposits, and through this collaboration, we aim to not only meet the growing global demand for nuclear fuel but also position Argentina as a key strategic partner for the United States in energy security. By leveraging UrAmerica’s expertise in mineral exploration and NANO Nuclear’s advanced nuclear technology and expertise, we are hopeful that this collaboration will catalyze investments in mining, milling, and fuel cycle development, delivering long-term economic benefits for Argentina while supporting the U.S. in diversifying its nuclear supply chain away from geopolitical risks.”

    About UrAmerica Ltd.

    UrAmerica is a private critical metals exploration company with a focus on uranium and other critical metals (e.g., lithium, rare earths, molybdenum, and vanadium) operating primarily in Chubut Province, Argentina. UrAmerica, through its subsidiary UrAmerica Argentina S.A., fully owns licenses of uranium repositories in the San Jorge Basin.

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR™Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
    NANO Nuclear Energy YOUTUBE
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    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’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 “future,” “seek,” “expects”, “anticipates”, “intends”, “plans”, “goal,” “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 NANO Nuclear of the MOU described herein, as well as the future plans and goals of NANO Nuclear and UrAmerica 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 NANO Nuclear, 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 our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other nuclear technology or capabilities in the timelines we anticipate, if ever (including in collaboration with UrAmerica as described herein), (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and 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 NANO Nuclear 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://ir.nanonuclearenergy.com/financial-information/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.

    Attachment

    The MIL Network –

  • MIL-OSI: SuRo Capital Corp. Second Quarter 2025 Preliminary Investment Portfolio Update

    Source: GlobeNewswire (MIL-OSI)

    Net Asset Value Anticipated to be $9.00 to $9.50 Per Share

    Board of Directors Declares $0.25 Per Share Cash Dividend

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — SuRo Capital Corp. (“SuRo Capital”, the “Company”, “we”, “us”, and “our”) (Nasdaq: SSSS) today provided the following preliminary update on its investment portfolio for the second quarter ended June 30, 2025.

    “The second quarter was SuRo Capital’s best quarter since inception, as measured by the appreciation in NAV per share,” said Mark Klein, Chairman and Chief Executive Officer of SuRo Capital. “Our performance was largely driven by the public and private markets recognizing the value proposition of AI infrastructure companies. CoreWeave’s IPO, coupled with its post-IPO performance, led the way. Additionally, OpenAI announced a landmark $40.0 billion financing round at a $300.0 billion post-money valuation, the largest private capital raise ever by a technology company. It has been reported that Canva is preparing for a secondary tender at a $37.0 billion valuation and Colombier Acquisition Corp. II is nearing completion of a proposed merger with GrabAGun, further building on SuRo Capital’s SPAC sponsor strategy success. These developments resulted in an NAV per share uplift of over 35% for the quarter,” Klein added.

    Mr. Klein further emphasized, “Beyond these high-profile capital raises, we remain committed to backing some of the world’s most innovative and sought-after private companies ahead of their public market debuts. In April, we completed a new $5.0 million investment in Plaid (through a wholly owned SPV), a market-leading fintech platform that enables secure, seamless connectivity between financial applications and consumers, with an estimated reach of 1 in every 2 adults in the U.S.”

    “As a result of this strong performance and momentum across our portfolio, we are pleased to announce that our Board of Directors has declared an initial dividend of $0.25 per share. This dividend is driven by successful monetizations of SuRo Capital’s public securities. Based on ongoing portfolio activity, we anticipate declaring additional dividends throughout the year. As always, we will keep you informed about our dividend strategy as we gain more clarity on the timing and magnitude,” Mr. Klein concluded.

    As previously reported, SuRo Capital’s net assets totaled approximately $156.8 million, or $6.66 per share, at March 31, 2025, and approximately $162.3 million, or $6.94 per share at June 30, 2024. As of June 30, 2025, SuRo Capital’s net asset value is estimated to be between $9.00 and $9.50 per share.

    Investment Portfolio Update

    As of June 30, 2025, SuRo Capital held positions in 36 portfolio companies – 33 privately held and 3 publicly held.

    During the three months ended June 30, 2025, SuRo Capital made the following investment:

    Portfolio Company Investment Transaction Date Amount(1)
    Plaid Inc.(2) Class A Common Shares 4/4/2025 $5.0 million

    ___________________
    (1)   Amount invested does not include capitalized costs, origination fees, or prepaid expenses.
    (2)   SuRo Capital’s investment in the Class A Common Shares of Plaid Inc. was made through 1789 Capital Nirvana II LP, an SPV in which SuRo Capital is the Sole Limited Partner. SuRo Capital paid a 7% origination fee at the time of investment.

    During the three months ended June 30, 2025, SuRo Capital exited and received proceeds from the following investments:

    Portfolio Company Transaction
    Date    		 Quantity Average Net
    Share Price    (1)    		 Net
    Proceeds    		 Realized
    Gain
    CoreWeave, Inc.(2) Various 222,240 $113.99 $25.3 million $15.3 million
    ServiceTitan, Inc.(3) Various 151,515 $105.07 $15.9 million $5.9 million

    __________________
    (1)   The average net share price is the net share price realized after deducting all commissions and fees on the sale(s), if applicable.
    (2)   As of June 20, 2025, SuRo Capital had sold the entirety of its directly held CoreWeave, Inc. public common shares. As of June 30, 2025 SuRo Capital continues to hold the entirety of its interest in CW Opportunity 2 LP.
    (3)   As of June 27, 2025, SuRo Capital had sold its entire position in ServiceTitan, Inc. public common shares.

    SuRo Capital’s liquid assets were approximately $52.4 million as of June 30, 2025, consisting of cash and directly-held securities of publicly traded portfolio companies.

    As of June 30, 2025, there were 23,888,107 shares of the Company’s common stock outstanding.

    Recent Dividend Declarations and Certain Information Regarding the Dividends

    On July 3, 2025, SuRo Capital’s Board of Directors declared a dividend of $0.25 per share payable on July 31, 2025 to the Company’s common stockholders of record as of the close of business on July 21, 2025. The dividend will be paid in cash.

    The date of declaration and amount of any dividends, including any future dividends, are subject to the sole discretion of SuRo Capital’s Board of Directors.

    The aggregate amount of the dividends declared and paid by SuRo Capital will be fully taxable to stockholders. The tax character of SuRo Capital’s dividends cannot be finally determined until the close of SuRo Capital’s taxable year (December 31). SuRo Capital will report the actual tax characteristics of each year’s dividends annually to stockholders and the IRS on Form 1099-DIV subsequent to year-end.

    Registered stockholders with questions regarding declared dividends may call Equiniti Trust Company, LLC at 800-937-5449.

    Preliminary Estimates and Guidance

    The preliminary financial estimates provided herein are unaudited and have been prepared by, and are the responsibility of, the management of SuRo Capital. Neither our independent registered public accounting firm, nor any other independent accountants, have audited, reviewed, compiled, or performed any procedures with respect to the preliminary financial data included herein. Actual results may differ materially.

    The Company expects to announce its second quarter ended June 30, 2025 results in August 2025.

    Forward-Looking Statements

    Statements included herein, including statements regarding SuRo Capital’s beliefs, expectations, intentions, or strategies for the future, may constitute “forward-looking statements”. SuRo Capital cautions you that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected or implied in these statements. All forward-looking statements involve a number of risks and uncertainties, including the impact of any market volatility that may be detrimental to our business, our portfolio companies, our industry, and the global economy, that could cause actual results to differ materially from the plans, intentions, and expectations reflected in or suggested by the forward-looking statements. Risk factors, cautionary statements, and other conditions which could cause SuRo Capital’s actual results to differ from management’s current expectations are contained in SuRo Capital’s filings with the Securities and Exchange Commission. SuRo Capital undertakes no obligation to update any forward-looking statement to reflect events or circumstances that may arise after the date of this press release.

    About SuRo Capital Corp.

    SuRo Capital Corp. (Nasdaq: SSSS) is a publicly traded investment fund that seeks to invest in high-growth, venture-backed private companies. The fund seeks to create a portfolio of high-growth emerging private companies via a repeatable and disciplined investment approach, as well as to provide investors with access to such companies through its publicly traded common stock. Since inception, SuRo Capital has served as the public’s gateway to venture capital, offering unique access to some of the world’s most innovative and sought-after private companies before they become publicly traded. SuRo Capital’s diverse portfolio encompasses high-growth sectors including AI infrastructure, emerging consumer brands, and cutting-edge software solutions for both consumer and enterprise markets, among others. SuRo Capital is headquartered in New York, NY and has an office in San Francisco, CA. Connect with the company on X, LinkedIn, and at www.surocap.com.

    Contact
    SuRo Capital Corp.
    (212) 931-6331
    IR@surocap.com

    Media Contact
    Deborah Kostroun
    Zito Partners
    SuRoCapitalPR@zitopartners.com

    The MIL Network –

  • MIL-OSI: Reliance Global Group Closes Sale of Fortman Insurance for $5 Million in Cash

    Source: GlobeNewswire (MIL-OSI)

    LAKEWOOD, NJ, July 08, 2025 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance,” “we,” “us,” “our” or the “Company”) today announced it has completed an asset sale of Fortman Insurance Services (“Fortman”), a wholly owned subsidiary, for $5 million in cash. The transaction marks the successful execution of a strategic initiative to monetize a non-core asset and further strengthen the Company’s financial position.

    Following its acquisition by Reliance, Fortman continued to enhance its operational efficiency, financial stability, and market competitiveness. The finalized sale, at a value above the initial purchase price Reliance purchased Fortman for in 2019, reflects Reliance’s commitment to prudent capital deployment and its continued focus on maximizing shareholder returns.

    The Company also reaffirmed its expectation that the acquisition of Spetner Associates, Inc. (“Spetner”) will be completed. Spetner has built significant momentum in recent years, with consistent growth and healthy cash flow contributions across its operations. The transaction is expected to complement Reliance’s existing business model and align with its OneFirm strategy, creating opportunities to expand operational scale and drive long-term value.

    “Closing the Fortman transaction marks a key milestone in our strategic roadmap and reflects the disciplined approach we take to identifying, enhancing, and monetizing value within our portfolio,” commented Ezra Beyman, CEO of Reliance. “From the outset, Fortman was a compelling acquisition, and through targeted operational improvements, we positioned the business for long-term success. Selling the asset at a premium demonstrates the strength of our execution and adds meaningful capital to our balance sheet, increasing our flexibility to advance strategic priorities. This transaction reinforces our commitment to executing initiatives that strengthen our platform, support sustainable growth, and accelerate our transformation into a streamlined, tech-enabled insurance organization. I remain confident in our ability to deliver lasting value to our shareholders.”

    About Reliance Global Group, Inc.

    Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance.  In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding:

    • Our ability to successfully deploy the $5 million in proceeds from the Fortman sale to support our strategic and financial objectives;
    • Our expectation that the acquisition of Spetner Associates, Inc. will be completed on commercially reasonable terms, including obtaining any necessary regulatory or shareholder approvals;
    • The anticipated benefits of the Spetner acquisition to our business model, operational scale, and long-term value creation strategy;
    • Our continued execution of initiatives to streamline operations, enhance financial flexibility, and pursue accretive growth opportunities in the InsurTech and insurance agency sectors; and
    • Other statements of our plans, intentions, and expectations regarding future financial performance, operations, and strategic initiatives.

    These forward-looking statements are based on numerous assumptions, including that the Spetner acquisition will proceed as expected; that projected revenue and EBITDA contributions from Spetner are achievable; that integration risks can be effectively managed; and that there will be no material adverse developments in market, economic, or regulatory conditions impacting our business. There can be no assurance that these assumptions will prove correct.

    Actual results may differ materially from those expressed or implied by these forward-looking statements due to various risks and uncertainties, including but not limited to: delays or failure to complete the Spetner acquisition; unanticipated integration challenges or liabilities associated with the acquisition; our inability to achieve expected financial results or operational synergies; increased competition in the InsurTech and agency brokerage industries; adverse regulatory or market developments; and other risks described in the “Risk Factors” section of our Registration Statement on Form S-1 and our periodic reports filed with the Securities and Exchange Commission.

    You should carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, and our other SEC filings for a more complete discussion of these and other risks. Except as required by law, Reliance Global Group, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contact:
    Crescendo Communications, LLC
    Tel: +1 (212) 671-1020
    Email: RELI@crescendo-ir.com 

    The MIL Network –

  • MIL-OSI: Reliance Global Group Closes Sale of Fortman Insurance for $5 Million in Cash

    Source: GlobeNewswire (MIL-OSI)

    LAKEWOOD, NJ, July 08, 2025 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance,” “we,” “us,” “our” or the “Company”) today announced it has completed an asset sale of Fortman Insurance Services (“Fortman”), a wholly owned subsidiary, for $5 million in cash. The transaction marks the successful execution of a strategic initiative to monetize a non-core asset and further strengthen the Company’s financial position.

    Following its acquisition by Reliance, Fortman continued to enhance its operational efficiency, financial stability, and market competitiveness. The finalized sale, at a value above the initial purchase price Reliance purchased Fortman for in 2019, reflects Reliance’s commitment to prudent capital deployment and its continued focus on maximizing shareholder returns.

    The Company also reaffirmed its expectation that the acquisition of Spetner Associates, Inc. (“Spetner”) will be completed. Spetner has built significant momentum in recent years, with consistent growth and healthy cash flow contributions across its operations. The transaction is expected to complement Reliance’s existing business model and align with its OneFirm strategy, creating opportunities to expand operational scale and drive long-term value.

    “Closing the Fortman transaction marks a key milestone in our strategic roadmap and reflects the disciplined approach we take to identifying, enhancing, and monetizing value within our portfolio,” commented Ezra Beyman, CEO of Reliance. “From the outset, Fortman was a compelling acquisition, and through targeted operational improvements, we positioned the business for long-term success. Selling the asset at a premium demonstrates the strength of our execution and adds meaningful capital to our balance sheet, increasing our flexibility to advance strategic priorities. This transaction reinforces our commitment to executing initiatives that strengthen our platform, support sustainable growth, and accelerate our transformation into a streamlined, tech-enabled insurance organization. I remain confident in our ability to deliver lasting value to our shareholders.”

    About Reliance Global Group, Inc.

    Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance.  In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding:

    • Our ability to successfully deploy the $5 million in proceeds from the Fortman sale to support our strategic and financial objectives;
    • Our expectation that the acquisition of Spetner Associates, Inc. will be completed on commercially reasonable terms, including obtaining any necessary regulatory or shareholder approvals;
    • The anticipated benefits of the Spetner acquisition to our business model, operational scale, and long-term value creation strategy;
    • Our continued execution of initiatives to streamline operations, enhance financial flexibility, and pursue accretive growth opportunities in the InsurTech and insurance agency sectors; and
    • Other statements of our plans, intentions, and expectations regarding future financial performance, operations, and strategic initiatives.

    These forward-looking statements are based on numerous assumptions, including that the Spetner acquisition will proceed as expected; that projected revenue and EBITDA contributions from Spetner are achievable; that integration risks can be effectively managed; and that there will be no material adverse developments in market, economic, or regulatory conditions impacting our business. There can be no assurance that these assumptions will prove correct.

    Actual results may differ materially from those expressed or implied by these forward-looking statements due to various risks and uncertainties, including but not limited to: delays or failure to complete the Spetner acquisition; unanticipated integration challenges or liabilities associated with the acquisition; our inability to achieve expected financial results or operational synergies; increased competition in the InsurTech and agency brokerage industries; adverse regulatory or market developments; and other risks described in the “Risk Factors” section of our Registration Statement on Form S-1 and our periodic reports filed with the Securities and Exchange Commission.

    You should carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, and our other SEC filings for a more complete discussion of these and other risks. Except as required by law, Reliance Global Group, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contact:
    Crescendo Communications, LLC
    Tel: +1 (212) 671-1020
    Email: RELI@crescendo-ir.com 

    The MIL Network –

  • MIL-OSI: Thrive Acquires GRC-Focused Abacode

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, July 08, 2025 (GLOBE NEWSWIRE) — Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and IT managed services, today announced the acquisition of Abacode, a leading Managed Cybersecurity & Compliance Provider (MCCP) based in Tampa, Florida. Abacode specializes in holistic, outcome-driven cybersecurity solutions and governance programs that help businesses transform their cyber risk management strategies and turn compliance challenges into competitive advantages. This acquisition further strengthens Thrive’s compliance solutions and adds to its growing footprint in the Southeast U.S.

    As compliance mandates and cyber threats grow in complexity—including updates to standards like CMMC, changing AI legislation on the international stage, and proposed changes to industry standards like HIPAA—businesses require more strategic and scalable solutions to meet governance and risk requirements. Thrive has always been on the front lines of navigating customers through these challenges. With the acquisition of Abacode, the company is doubling its commitment to enhancing its governance, risk, and compliance offerings to empower mid-market businesses to meet evolving regulatory requirements. Abacode’s unique approach, which integrates cybersecurity and compliance into a single comprehensive program, aligns with Thrive’s mission of providing simplified, yet holistic, security and IT to their customers, eliminating headaches and allowing businesses to focus on what matters most to them.

    “Compliance is a hurdle for many small and mid-sized enterprises, because they simply don’t have the time or resources dedicated to tracking every change that could impact their business,” said Bill McLaughlin, CEO of Thrive. “Abacode’s strong leadership, robust offerings, and MCCP model align with our high-touch, customer-first approach, making them a natural fit for us. With the team at Abacode, Thrive is strongly positioned to help clients manage increasingly stringent cybersecurity regulations.”

    This acquisition—the second of the year for Thrive— builds on the company’s growing focus on its compliance services. Thrive has long supported organizations across various industries— including financial services, healthcare, and government operations— that want to maintain compliance in the United States, the United Kingdom, and Canada. The company recently launched its new Compliance Center, filled with unrivaled resources and expertise that educates mid-market businesses on international, federal, state and industry-specific regulations.

    “Joining forces with Thrive allows us to take our mission of delivering measurable business outcomes through cybersecurity and compliance to the next level,” said Michael Ferris, CEO of Abacode. “Thrive has an established reputation for having enterprise-grade infrastructure and global support, offering clients unmatched expertise and scalability. We’re looking forward to being part of this expert delivery and further helping our clients as part of the Thrive team.”

    Stephens served as exclusive financial advisor to Thrive in the transaction. To learn more about Thrive and its offerings, visit www.thrivenextgen.com.

    About Thrive
    Thrive delivers global technology outsourcing for cybersecurity, Cloud, networking, and other complex IT requirements. Thrive’s NextGen platform enables customers to increase business efficiencies through AI, standardization, scalability, and automation, delivering oversized technology returns on investment (ROI). They accomplish this with advisory services, vCISO, vCIO, consulting, project implementation, solution architects, and a best-in-class subscription-based technology platform. Thrive delivers exceptional high-touch service through its POD approach of subject matter experts and global 24x7x365 SOC, NOC, and centralized services teams. Learn more at www.thrivenextgen.com or follow us on LinkedIn.

    Contacts
    Hannah Johnston
    thrive@v2comms.com

    The MIL Network –

  • MIL-OSI: Thrive Acquires GRC-Focused Abacode

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, July 08, 2025 (GLOBE NEWSWIRE) — Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and IT managed services, today announced the acquisition of Abacode, a leading Managed Cybersecurity & Compliance Provider (MCCP) based in Tampa, Florida. Abacode specializes in holistic, outcome-driven cybersecurity solutions and governance programs that help businesses transform their cyber risk management strategies and turn compliance challenges into competitive advantages. This acquisition further strengthens Thrive’s compliance solutions and adds to its growing footprint in the Southeast U.S.

    As compliance mandates and cyber threats grow in complexity—including updates to standards like CMMC, changing AI legislation on the international stage, and proposed changes to industry standards like HIPAA—businesses require more strategic and scalable solutions to meet governance and risk requirements. Thrive has always been on the front lines of navigating customers through these challenges. With the acquisition of Abacode, the company is doubling its commitment to enhancing its governance, risk, and compliance offerings to empower mid-market businesses to meet evolving regulatory requirements. Abacode’s unique approach, which integrates cybersecurity and compliance into a single comprehensive program, aligns with Thrive’s mission of providing simplified, yet holistic, security and IT to their customers, eliminating headaches and allowing businesses to focus on what matters most to them.

    “Compliance is a hurdle for many small and mid-sized enterprises, because they simply don’t have the time or resources dedicated to tracking every change that could impact their business,” said Bill McLaughlin, CEO of Thrive. “Abacode’s strong leadership, robust offerings, and MCCP model align with our high-touch, customer-first approach, making them a natural fit for us. With the team at Abacode, Thrive is strongly positioned to help clients manage increasingly stringent cybersecurity regulations.”

    This acquisition—the second of the year for Thrive— builds on the company’s growing focus on its compliance services. Thrive has long supported organizations across various industries— including financial services, healthcare, and government operations— that want to maintain compliance in the United States, the United Kingdom, and Canada. The company recently launched its new Compliance Center, filled with unrivaled resources and expertise that educates mid-market businesses on international, federal, state and industry-specific regulations.

    “Joining forces with Thrive allows us to take our mission of delivering measurable business outcomes through cybersecurity and compliance to the next level,” said Michael Ferris, CEO of Abacode. “Thrive has an established reputation for having enterprise-grade infrastructure and global support, offering clients unmatched expertise and scalability. We’re looking forward to being part of this expert delivery and further helping our clients as part of the Thrive team.”

    Stephens served as exclusive financial advisor to Thrive in the transaction. To learn more about Thrive and its offerings, visit www.thrivenextgen.com.

    About Thrive
    Thrive delivers global technology outsourcing for cybersecurity, Cloud, networking, and other complex IT requirements. Thrive’s NextGen platform enables customers to increase business efficiencies through AI, standardization, scalability, and automation, delivering oversized technology returns on investment (ROI). They accomplish this with advisory services, vCISO, vCIO, consulting, project implementation, solution architects, and a best-in-class subscription-based technology platform. Thrive delivers exceptional high-touch service through its POD approach of subject matter experts and global 24x7x365 SOC, NOC, and centralized services teams. Learn more at www.thrivenextgen.com or follow us on LinkedIn.

    Contacts
    Hannah Johnston
    thrive@v2comms.com

    The MIL Network –

  • MIL-OSI: Hanmi Financial Corporation Announces Second Quarter 2025 Earnings and Conference Call Date

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 08, 2025 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report second quarter 2025 financial results after the market close on Tuesday, July 22, 2025. Management will host a conference call that same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results.

    Investment professionals and all current and prospective shareholders are invited to access the live call on July 22 by dialing 1-877-407-9039 before 2:00 p.m. Pacific Time, using access code “Hanmi Bank”. To listen to the call online visit the investor relations page of Hanmi’s website at www.hanmi.com. The webcast will also be available for replay approximately one hour following the call.

    About Hanmi Financial Corporation
    Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia and Washington. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com.

    Contact
    Romolo (Ron) Santarosa
    Senior Executive Vice President & Chief Financial Officer
    213-427-5636

    Lisa Fortuna
    Investor Relations
    Financial Profiles, Inc.
    310-622-8251

    Source: Hanmi Bank

    The MIL Network –

  • MIL-OSI: Hanmi Financial Corporation Announces Second Quarter 2025 Earnings and Conference Call Date

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 08, 2025 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report second quarter 2025 financial results after the market close on Tuesday, July 22, 2025. Management will host a conference call that same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results.

    Investment professionals and all current and prospective shareholders are invited to access the live call on July 22 by dialing 1-877-407-9039 before 2:00 p.m. Pacific Time, using access code “Hanmi Bank”. To listen to the call online visit the investor relations page of Hanmi’s website at www.hanmi.com. The webcast will also be available for replay approximately one hour following the call.

    About Hanmi Financial Corporation
    Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia and Washington. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com.

    Contact
    Romolo (Ron) Santarosa
    Senior Executive Vice President & Chief Financial Officer
    213-427-5636

    Lisa Fortuna
    Investor Relations
    Financial Profiles, Inc.
    310-622-8251

    Source: Hanmi Bank

    The MIL Network –

  • MIL-OSI: Patria Announces Second Quarter 2025 Investor Call

    Source: GlobeNewswire (MIL-OSI)

    GRAND CAYMAN, Cayman Islands, July 08, 2025 (GLOBE NEWSWIRE) — Patria (Nasdaq:PAX) announced today that it will release financial results for the second quarter 2025 on Friday, August 1, 2025, and host a conference call via public webcast at 9:00 a.m. ET.

    To register, please use the following link: https://edge.media-server.com/mmc/p/rpv5tvp5.

    For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Patria’s website at https://ir.patria.com/.

    Patria distributes its earnings releases via its website and email lists. Those interested in firm updates can sign up to receive Patria press releases via email at https://ir.patria.com/ir-resources/email-alerts.

    About Patria

    Patria is a global alternative asset management firm focused on the mid-market segment, specializing in resilient sectors across select regions. We are a leading asset manager in Latin America and have a strong presence in Europe through our extensive network of General Partners relationships. Our on-the-ground presence combines investment leaders, sector experts, company managers, and strategic relationships, allowing us to identify compelling investment opportunities accessible only to those with local proficiency. With 36 years of experience and over $45 billion in assets under management, we consistently deliver attractive returns through long-term investments, while promoting inclusive and sustainable development in the regions where we operate. Further information is available at www.patria.com.

    Asset Classes: Credit, Real Estate, Infrastructure, Private Equity, GPMS (Solutions), and Public Equities

    Main sectors: Agribusiness, Power & Energy, Healthcare, Logistics & Transportations, Food & Beverage and Digital & Tech Services

    Investment Regions: Latin America, Europe and the U.S.

    Contact

    Patria Shareholder Relations
    PatriaShareholderRelations@patria.com
    t +1 917 769 1611

    The MIL Network –

  • MIL-OSI: 21Shares Responds to FCA Consultation on Retail Access to Crypto ETNs, Warns Against Overly Restrictive Framework

    Source: GlobeNewswire (MIL-OSI)

    Response welcomes progress but calls for more inclusive, globally aligned framework

    London, 8 July 2025 – 21Shares, one of the world’s leading issuers of crypto exchange-traded products (ETPs), has submitted its official response to the UK Financial Conduct Authority’s (FCA) Consultation Paper CP25/16, which proposes lifting the current ban on the sale, marketing, and distribution of crypto exchange-traded notes (cETNs) to retail clients admitted to UK recognised investment exchanges (UK RIEs).

    While 21Shares welcomes the FCA’s move to open the UK retail market to cETNs, it cautions that the proposed framework remains overly restrictive. In its response, 21Shares urges the regulator to adopt a more inclusive and innovation-friendly approach that reflects international best practices and provides UK investors with regulated, diversified access to the digital asset class.

    In particular, 21Shares highlights three key concerns:

    • Geographic limitation: The proposal restricts retail access to cETNs listed only on UK RIEs, ignoring equivalent products on FCA-recognised overseas regulated venues (ROIEs) and limiting investor choice.
    • Asset concentration risk: While the FCA leaves eligibility of cryptoassets to UK exchanges, this effectively concentrates power in the hands of mostly a single venue, the London Stock Exchange, which currently admits only Bitcoin and Ethereum. This setup risks driving retail investors to unregulated alternatives in search of broader exposure.
    • Misclassification risk: 21Shares argues against classifying UK RIE-listed cETNs as Restricted Mass Market Investments (RMMIs), noting that such instruments are already subject to robust listing, disclosure, and custody standards. Applying RMMI rules would reduce liquidity, hamper innovation, and limit inclusion in diversified investment strategies.

    21Shares recommends that the final regime:

    • Recognise regulated cETNs from overseas exchanges (ROIEs)
    • Mandate a transparent eligibility framework for a broader range of cryptoassets as underlyings for cETNs
    • Confirm that cETNs are treated as Readily Realisable Securities (RRS), not RMMIs

    “As a pioneer in the crypto ETP space, we have long advocated for a regulatory framework in the UK that allows retail investors to access digital assets through transparent and well-regulated products,” said Duncan Moir, President at 21Shares. “This consultation marks an important moment, but more needs to be done. A competitive, forward-looking regime must reflect the maturity of the global crypto market and the diversity of investor demand.”

    21Shares stands ready to assist policymakers and contribute market data and regulatory insights to ensure the UK becomes a competitive, well-regulated hub for crypto investment products.

    To read 21Shares’ response to the FCA consultation in full, click here.

    Notes to editors

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com.

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network –

  • MIL-OSI: Runway Growth Finance Corp. Announces Date for Second Quarter 2025 Financial Results and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    MENLO PARK, Calif., July 08, 2025 (GLOBE NEWSWIRE) — Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its second quarter 2025 financial results after market close on Thursday, August 7, 2025. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

    To participate in the conference call or webcast, participants should register online at the Runway Growth Investor Relations website. Participants are requested to register a day in advance or at a minimum 15 minutes before the start of the call. The earnings call can also be accessed through the following links:

    A replay of the webcast will be available two hours after the call and archived on the same web page for 90 days.

    About Runway Growth Finance Corp.
    Runway Growth is a growing specialty finance company focused on providing flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity. Runway Growth is a closed-end investment fund that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. Runway Growth is externally managed by Runway Growth Capital LLC, an established registered investment adviser that was formed in 2015 and led by industry veteran David Spreng. For more information, please visit www.runwaygrowth.com.

    Forward-Looking Statements
    Statements included herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Runway Growth’s filings with the Securities and Exchange Commission. Runway Growth undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

    IR Contacts:
    Taylor Donahue, Prosek Partners, rway@prosek.com
    Thomas B. Raterman, Chief Financial Officer and Chief Operating Officer, tr@runwaygrowth.com

    The MIL Network –

  • MIL-OSI: 1-Hour Payday Loans with No Credit Check & Guaranteed Approval Announced as Key Feature in Wizzay’s Instant Loan Program for Bad Credit in 2025

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 08, 2025 (GLOBE NEWSWIRE) —

    Wizzay has rolled out an efficient 1 hour payday loan product, providing instant access to emergency cash throughout the U.S. Built for speed and ease of use, the site fills the financial gaps of consumers whose purchases have been hit by inflation, unexpected expenses, or income shortfalls.

    In contrast to banks that demand forms and credit checks, Wizzay enables borrowers to apply online, get approved in seconds, and possibly access funds in one business day. The site connects consumers with licensed lenders — several of whom accept borrowers with low or no credit.

    The procedure is quick and discreet. A brief application gathers rudimentary information, and decisions are made on the basis of income verification as opposed to credit reports. This method makes Wizzay an available solution for individuals with bad credit who need immediate financial assistance.

    With the increasing cost of living, Wizzay’s 1 hour payday loans prove to be a convenient option for paying off unexpected bills, repairing the car, or renting. With the removal of conventional lending obstacles, Wizzay enables borrowers to receive money at short notice and with minimal hassle.

     <<< Learn how to navigate urgent financial needs with limited credit history >>>

    Wizzay Introduces Rapid 1-Hour Payday Loan Access for Time-Sensitive Borrowers

    Financial pressure has fueled the need for fast, convenient, and easily accessible payday loans. Wizzay addresses this need by providing an online platform where a payday loan can be applied for and promptly decided by licensed lenders.

    These 1 hour payday loans are built for speed. Traditional lenders take days and perform hard credit checks, but Wizzay’s partners review applications on the basis of income and employment rather than credit history.

    Most qualified borrowers who pass simple requirements — such as consistent income and U.S. residency status — can expect loan approval within minutes and cash as early as the next business day, frequently through direct deposit.

    Wizzay’s entirely online process mirrors users’ desire for online and mobile financial services. For immediate users, it’s quicker than bank loans, credit cards, or overdrafts.

    Wizzay is not a lender but a loan-matching website that refers applicants to state-sanctioned, licensed lenders. This maintains legal soundness while providing access to instant no credit check payday loans when they are available.

    Key Features of Wizzay’s 1-Hour Payday Loans with No Credit Check

    Wizzay has an optimized process designed for speed and ease. These are the top advantages of using this portal:

    • Instant Approval: Your request is processed by automated systems within minutes.
    • No Credit Check: Only a soft check is performed, which will not affect your FICO score.
    • Direct Lender Access: Only you and the authenticated lenders will interface with no third-party delays or brokers.
    • Mobile Friendly: Complete the application, e-sign, and check the status of your loan on any smartphone or tablet.

    This format provides quick funding, which makes Wizzay a reliable option for sudden financial needs.

    <<< Understand your short-term loan options without added pressure >>>

    How the 1-Hour Loan Process Works on Wizzay’s Platform

    Here’s a brief guide on how the Wizzay loan process works:

    • Submit Your Online Application – This takes around 2–3 minutes.
    • Soft Credit Check – Utilized to evaluate eligibility, not affecting your credit score.
    • Lender Match and Approval – The approval outcome is back in less than one hour.
    • E-Signature & Funding – View terms, sign electronically, and receive funds directly into your account the same day.

    This process is streamlined to cut down on delays while keeping borrowers involved at all times.

    Understanding Same-Day Payday Loan Options Through Wizzay

    Wizzay’s interface offers same day pay day loan access to borrowers who are qualified. Although same-day funding is not guaranteed to all users, the system prioritizes quick loan processing for those who qualify.

    Considerations for same day loans are:

    • Eligibility: Borrowers are required to qualify with lender-specific requirements like verified income, U.S. residence, and checking account activity status.
    • Timing: Earlier-in-the-day submitted applications are more likely to be funded the same day. Lender processing times differ by state.
    • Loan Amounts: Most of the lenders will allow lending amounts from $100 to $1,000. Personal lending limits will really depend on the jurisdiction.
    • Approval Process: Time is of the essence! Soft credit inquiries documents sent electronically with no collateral means the lender will be able to get back to you quickly.
    • Online No Credit Check Access: These loans are handled all online, and most involve no standard credit checks.

    Compared to bank loans the old-fashioned way — which can take days or weeks — Wizzay’s same day loans online help borrowers with a quicker response to their needs for immediate cash.

     <<< Explore how Wizzay’s process works for borrowers with low credit >>>

    Inside Wizzay’s Same-Day Online Payday Loan Offering

    Wizzay’s online same day payday loans product indicates a trend toward speed and digitalization within the industry. Most sites engage in manual verification and hold up disbursal, while Wizzay connects borrowers with lenders that have automated underwriting powers.

    These loans work through:

    • Fully Digital Processing
    • Credit Score Flexibility
    • Guaranteed Approval Caution
    • Online Same Day No Credit Impact
    • Real-Time Approval Decisions

    This process minimizes human intervention and provides emergency funding more conveniently to people who might not otherwise qualify through conventional means.

    Guaranteed $100 Loan No Credit Check via Wizzay: What’s Realistic?

    One of the most popular requests borrowers make is for a guaranteed $100 loan with no credit check. Although the term “guaranteed” is loosely used, Wizzay’s system does improve the odds of approval for eligible borrowers — particularly for smaller loan amounts like $100.

    Here’s why:

    • $100 Loan Minimums: Most lenders on the platform provide microloans starting at $100. These are generally the least difficult to qualify for.
    • No Hard Credit Check: There isn’t a full credit report pulled out, which decreases the risks of rejection for low-credit applicants.
    • Income First Verification: Lenders prefer stable income and regular banking history to FICO scores.
    • Loan Approval: No loan is guaranteed in general, but the platform allows applicants to be matched to lenders who have high approval rates.

    For bad credit or no credit borrowers, this type of short-term lending provides a ready substitute for mainstream financial institutions, where such amounts are not usually extended.

     <<< Get clarity on what emergency financial support might look like >>>

    Wizzay’s Function as a Direct Lender Connector for Payday Loans

    Wizzay acts as an intermediary linking borrowers to certified direct lenders — positioning it apart from third-party aggregators or unregulated loan marketplaces.

    The distinguishing characteristics of its connector model are:

    • Loan No Credit Check Direct Access
    • Regulatory Compliance
    • No Broker Fees
    • Credit Check from Direct Lenders Only
    • Loan Term Disclosure

    Such a direct path ensures transparency, compliance, and improved results for borrowers looking for quick, responsible payday loan alternatives.

    Emergency Payday Loan Solutions via Wizzay’s Fast Online Application Model

    Wizzay also offers prompt cash access for immediate expenses such as doctor’s bills, auto repairs, or unexpected utility shutoffs. The system is designed to give you access to money 24 hours a day, 7 days a week (also on holidays and weekends), allowing borrowers to address emergencies and immediate urgent expenses without worry. The application to the funding process can take as little as 1-3 hours, depending upon your bank processing time.

    Wizzay Offers Payday Loans for Bad Credit With Fast Approvals

    Wizzay is designed to support borrowers with poor credit using soft credit checks and alternative eligibility factors. This makes it possible to introduce borrowers with restricted credit, charge-offs in the past, or recent hardship into the system. Matching users they then can see loan details without a commitment, meaning they have full control over their financial choices.

     <<< See how timing and credit requirements impact short-term solutions >>>

    Setting Realistic Expectations with Wizzay’s Guaranteed Loan Approval in 1 Hour

    Although Wizzay facilitates quick loan processing, the phrase “guaranteed approval in 1 hour” must be read carefully. The platform facilitates quick matching and immediate decisions, but final approval is subject to lender requirements.

    However, for successful applicants, Wizzay frequently provides:

    • 1 Hour Payday Loan Matching
    • Same Day Approval Potential
    • Guaranteed Approval Terms
    • 1 Hour Loan Online Instant Decisioning

    This feature supports realistic expectations for urgent users while emphasizing the platform’s effectiveness in matching borrowers with instant lending decisions.

    Online Payday Loans From Wizzay: A Digital Alternative to Traditional Lending

    Wizzay’s digital-only model eliminates the friction in traditional storefront lending. Everything from application to payment is done online. No paperwork is required, no visits necessary, and no faxing. Borrowers can fill out their requests, confirm employment electronically, and sign documents via their smartphone, making it a quicker and more convenient lending option.

    Direct Lender Payday Loans from Wizzay: No Third Parties, More Clarity

    Wizzay’s marketplace stands out by connecting borrowers solely with direct lenders — without third-party resellers or lead generators. This direct strategy reduces unnecessary handling of data, incurs fewer costs, and fosters borrower-lender transparency.

    The benefits of this model are:

    • Secure Handling of Data
    • No Brokerage Fees
    • Transparency of Clear Terms from the Lenders
    • Less Risk of Misinformation

    Borrowers who prefer dealing directly with financial institutions — instead of opaque third-party networks — might find Wizzay’s direct-lender model more reliable and easier to use.

     <<< Understand next steps for borrowers seeking same-day assistance >>>

    Final Thoughts: Meeting Urgent Needs with Wizzay’s 1-Hour Payday Loan Service

    Wizzay’s 1 hour payday loans are a major breakthrough in the accessibility of short-term lending. By harnessing digital infrastructure, instant decision-making capabilities, and income-driven approval frameworks, Wizzay allows a broad range of borrowers — even those with bad or no credit — to access capital within hours, not days.

    With economic instability and financial crises persisting in American homes, Wizzay’s business model presents a pragmatic solution to mainstream banks. Whether it is emergency car repairs, surprise bills, or emergency rent payments, the platform provides a smooth, secure, and transparent experience.

    Without hard credit checks, immediate approval avenues, and direct lender access, Wizzay makes it possible for lenders to manage fiscal hardships without the complications and waiting periods typical of traditional lending. For borrowers looking for guaranteed, same day cash loans with minimal hassle, Wizzay is a punctual, tech-based solution designed for the needs of today’s finances.

    Attachment

    The MIL Network –

  • MIL-OSI: 1-Hour Payday Loans with No Credit Check & Guaranteed Approval Announced as Key Feature in Wizzay’s Instant Loan Program for Bad Credit in 2025

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 08, 2025 (GLOBE NEWSWIRE) —

    Wizzay has rolled out an efficient 1 hour payday loan product, providing instant access to emergency cash throughout the U.S. Built for speed and ease of use, the site fills the financial gaps of consumers whose purchases have been hit by inflation, unexpected expenses, or income shortfalls.

    In contrast to banks that demand forms and credit checks, Wizzay enables borrowers to apply online, get approved in seconds, and possibly access funds in one business day. The site connects consumers with licensed lenders — several of whom accept borrowers with low or no credit.

    The procedure is quick and discreet. A brief application gathers rudimentary information, and decisions are made on the basis of income verification as opposed to credit reports. This method makes Wizzay an available solution for individuals with bad credit who need immediate financial assistance.

    With the increasing cost of living, Wizzay’s 1 hour payday loans prove to be a convenient option for paying off unexpected bills, repairing the car, or renting. With the removal of conventional lending obstacles, Wizzay enables borrowers to receive money at short notice and with minimal hassle.

     <<< Learn how to navigate urgent financial needs with limited credit history >>>

    Wizzay Introduces Rapid 1-Hour Payday Loan Access for Time-Sensitive Borrowers

    Financial pressure has fueled the need for fast, convenient, and easily accessible payday loans. Wizzay addresses this need by providing an online platform where a payday loan can be applied for and promptly decided by licensed lenders.

    These 1 hour payday loans are built for speed. Traditional lenders take days and perform hard credit checks, but Wizzay’s partners review applications on the basis of income and employment rather than credit history.

    Most qualified borrowers who pass simple requirements — such as consistent income and U.S. residency status — can expect loan approval within minutes and cash as early as the next business day, frequently through direct deposit.

    Wizzay’s entirely online process mirrors users’ desire for online and mobile financial services. For immediate users, it’s quicker than bank loans, credit cards, or overdrafts.

    Wizzay is not a lender but a loan-matching website that refers applicants to state-sanctioned, licensed lenders. This maintains legal soundness while providing access to instant no credit check payday loans when they are available.

    Key Features of Wizzay’s 1-Hour Payday Loans with No Credit Check

    Wizzay has an optimized process designed for speed and ease. These are the top advantages of using this portal:

    • Instant Approval: Your request is processed by automated systems within minutes.
    • No Credit Check: Only a soft check is performed, which will not affect your FICO score.
    • Direct Lender Access: Only you and the authenticated lenders will interface with no third-party delays or brokers.
    • Mobile Friendly: Complete the application, e-sign, and check the status of your loan on any smartphone or tablet.

    This format provides quick funding, which makes Wizzay a reliable option for sudden financial needs.

    <<< Understand your short-term loan options without added pressure >>>

    How the 1-Hour Loan Process Works on Wizzay’s Platform

    Here’s a brief guide on how the Wizzay loan process works:

    • Submit Your Online Application – This takes around 2–3 minutes.
    • Soft Credit Check – Utilized to evaluate eligibility, not affecting your credit score.
    • Lender Match and Approval – The approval outcome is back in less than one hour.
    • E-Signature & Funding – View terms, sign electronically, and receive funds directly into your account the same day.

    This process is streamlined to cut down on delays while keeping borrowers involved at all times.

    Understanding Same-Day Payday Loan Options Through Wizzay

    Wizzay’s interface offers same day pay day loan access to borrowers who are qualified. Although same-day funding is not guaranteed to all users, the system prioritizes quick loan processing for those who qualify.

    Considerations for same day loans are:

    • Eligibility: Borrowers are required to qualify with lender-specific requirements like verified income, U.S. residence, and checking account activity status.
    • Timing: Earlier-in-the-day submitted applications are more likely to be funded the same day. Lender processing times differ by state.
    • Loan Amounts: Most of the lenders will allow lending amounts from $100 to $1,000. Personal lending limits will really depend on the jurisdiction.
    • Approval Process: Time is of the essence! Soft credit inquiries documents sent electronically with no collateral means the lender will be able to get back to you quickly.
    • Online No Credit Check Access: These loans are handled all online, and most involve no standard credit checks.

    Compared to bank loans the old-fashioned way — which can take days or weeks — Wizzay’s same day loans online help borrowers with a quicker response to their needs for immediate cash.

     <<< Explore how Wizzay’s process works for borrowers with low credit >>>

    Inside Wizzay’s Same-Day Online Payday Loan Offering

    Wizzay’s online same day payday loans product indicates a trend toward speed and digitalization within the industry. Most sites engage in manual verification and hold up disbursal, while Wizzay connects borrowers with lenders that have automated underwriting powers.

    These loans work through:

    • Fully Digital Processing
    • Credit Score Flexibility
    • Guaranteed Approval Caution
    • Online Same Day No Credit Impact
    • Real-Time Approval Decisions

    This process minimizes human intervention and provides emergency funding more conveniently to people who might not otherwise qualify through conventional means.

    Guaranteed $100 Loan No Credit Check via Wizzay: What’s Realistic?

    One of the most popular requests borrowers make is for a guaranteed $100 loan with no credit check. Although the term “guaranteed” is loosely used, Wizzay’s system does improve the odds of approval for eligible borrowers — particularly for smaller loan amounts like $100.

    Here’s why:

    • $100 Loan Minimums: Most lenders on the platform provide microloans starting at $100. These are generally the least difficult to qualify for.
    • No Hard Credit Check: There isn’t a full credit report pulled out, which decreases the risks of rejection for low-credit applicants.
    • Income First Verification: Lenders prefer stable income and regular banking history to FICO scores.
    • Loan Approval: No loan is guaranteed in general, but the platform allows applicants to be matched to lenders who have high approval rates.

    For bad credit or no credit borrowers, this type of short-term lending provides a ready substitute for mainstream financial institutions, where such amounts are not usually extended.

     <<< Get clarity on what emergency financial support might look like >>>

    Wizzay’s Function as a Direct Lender Connector for Payday Loans

    Wizzay acts as an intermediary linking borrowers to certified direct lenders — positioning it apart from third-party aggregators or unregulated loan marketplaces.

    The distinguishing characteristics of its connector model are:

    • Loan No Credit Check Direct Access
    • Regulatory Compliance
    • No Broker Fees
    • Credit Check from Direct Lenders Only
    • Loan Term Disclosure

    Such a direct path ensures transparency, compliance, and improved results for borrowers looking for quick, responsible payday loan alternatives.

    Emergency Payday Loan Solutions via Wizzay’s Fast Online Application Model

    Wizzay also offers prompt cash access for immediate expenses such as doctor’s bills, auto repairs, or unexpected utility shutoffs. The system is designed to give you access to money 24 hours a day, 7 days a week (also on holidays and weekends), allowing borrowers to address emergencies and immediate urgent expenses without worry. The application to the funding process can take as little as 1-3 hours, depending upon your bank processing time.

    Wizzay Offers Payday Loans for Bad Credit With Fast Approvals

    Wizzay is designed to support borrowers with poor credit using soft credit checks and alternative eligibility factors. This makes it possible to introduce borrowers with restricted credit, charge-offs in the past, or recent hardship into the system. Matching users they then can see loan details without a commitment, meaning they have full control over their financial choices.

     <<< See how timing and credit requirements impact short-term solutions >>>

    Setting Realistic Expectations with Wizzay’s Guaranteed Loan Approval in 1 Hour

    Although Wizzay facilitates quick loan processing, the phrase “guaranteed approval in 1 hour” must be read carefully. The platform facilitates quick matching and immediate decisions, but final approval is subject to lender requirements.

    However, for successful applicants, Wizzay frequently provides:

    • 1 Hour Payday Loan Matching
    • Same Day Approval Potential
    • Guaranteed Approval Terms
    • 1 Hour Loan Online Instant Decisioning

    This feature supports realistic expectations for urgent users while emphasizing the platform’s effectiveness in matching borrowers with instant lending decisions.

    Online Payday Loans From Wizzay: A Digital Alternative to Traditional Lending

    Wizzay’s digital-only model eliminates the friction in traditional storefront lending. Everything from application to payment is done online. No paperwork is required, no visits necessary, and no faxing. Borrowers can fill out their requests, confirm employment electronically, and sign documents via their smartphone, making it a quicker and more convenient lending option.

    Direct Lender Payday Loans from Wizzay: No Third Parties, More Clarity

    Wizzay’s marketplace stands out by connecting borrowers solely with direct lenders — without third-party resellers or lead generators. This direct strategy reduces unnecessary handling of data, incurs fewer costs, and fosters borrower-lender transparency.

    The benefits of this model are:

    • Secure Handling of Data
    • No Brokerage Fees
    • Transparency of Clear Terms from the Lenders
    • Less Risk of Misinformation

    Borrowers who prefer dealing directly with financial institutions — instead of opaque third-party networks — might find Wizzay’s direct-lender model more reliable and easier to use.

     <<< Understand next steps for borrowers seeking same-day assistance >>>

    Final Thoughts: Meeting Urgent Needs with Wizzay’s 1-Hour Payday Loan Service

    Wizzay’s 1 hour payday loans are a major breakthrough in the accessibility of short-term lending. By harnessing digital infrastructure, instant decision-making capabilities, and income-driven approval frameworks, Wizzay allows a broad range of borrowers — even those with bad or no credit — to access capital within hours, not days.

    With economic instability and financial crises persisting in American homes, Wizzay’s business model presents a pragmatic solution to mainstream banks. Whether it is emergency car repairs, surprise bills, or emergency rent payments, the platform provides a smooth, secure, and transparent experience.

    Without hard credit checks, immediate approval avenues, and direct lender access, Wizzay makes it possible for lenders to manage fiscal hardships without the complications and waiting periods typical of traditional lending. For borrowers looking for guaranteed, same day cash loans with minimal hassle, Wizzay is a punctual, tech-based solution designed for the needs of today’s finances.

    Attachment

    The MIL Network –

  • MIL-OSI: BTCS Inc. Announces Intent to Raise $100 Million for Strategic Ethereum Acquisition Using DeFi/TradFi Flywheel

    Source: GlobeNewswire (MIL-OSI)

    Silver Spring, MD, July 08, 2025 (GLOBE NEWSWIRE) — BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”) short for Blockchain Technology Consensus Solutions, a blockchain technology-focused company, today announced its strategic intent to raise $100 million in 2025 to acquire Ethereum. This initiative is part of the Company’s long-term vision to build the leading publicly traded company focused on Ethereum infrastructure while remaining one of the largest holders of ETH among public companies.

    “We believe that Ethereum has significant growth potential and is central to the future digital financial infrastructure. Now, with Ethereum at 2021 price levels, is the time to deepen our exposure,” said Charles Allen, CEO of BTCS. “Our approach to capital formation has been – and continues to be – designed to minimize dilution, maximize flexibility, and align with our commitment to sound financial management for the protection of our shareholders.”

    This initiative represents a transformative expansion of BTCS’s Ethereum-first strategy, leveraging a cutting-edge financing model that combines both decentralized finance (“DeFi”) and traditional finance (“TradFi”) mechanisms. The planned capital raises1 will be structured through a sophisticated DeFi/TradFi accretion flywheel consisting of At-The-Market (“ATM”) equity sales, convertible debt issuance, on-chain borrowing via Aave, yield generated from NodeOps (staking Ethereum), and vertical integration with Builder+ (block building), one of the most advanced opportunities for driving revenue and increasing ETH per share while minimizing dilution.

    Key principles of the DeFi/TradFi Strategy

    Subject to market conditions, the Company intends to raise funds to acquire Ethereum on a rolling basis, with a targeted emphasis on maximizing capital efficiency. BTCS plans to adhere to a strict net asset value (“NAV”) leverage cap of up to 40% at the time of each financing, covering its combined exposure to convertible debt and Aave borrowings, to ensure a conservative and sustainable balance sheet. The strategy includes:

    • ATM Equity Sales: Opportunistic issuance through the Company’s existing ATM program, designed to access equity markets efficiently and transparently. This would utilize BTCS’s current $250 million shelf registration to the extent it is not restricted by baby shelf limitations.
    • Convertible Debt: Opportunistic use of the previously announced convertible debt arrangement with ATW Partners LLC (“ATW”), which BTCS may utilize upon mutual agreement with ATW, provided it represents the lowest cost of capital. This arrangement, which forms part of BTCS’s broader capital strategy, is designed to provide access to funding while minimizing shareholder dilution.
    • DeFi Borrowing via Aave: Continuing to borrow stablecoins from Aave using ETH as collateral. This structure operates as a perpetual loan, carrying no associated banking or underwriting fees. The current net annual cost of capital remains extremely favorable at around 3%, with no shareholder dilution. This structure can be implemented in minutes, is highly scalable, and provides a flexible mechanism for rapid growth.

    This innovative mix of financing is designed to achieve the least dilutive cost of capital while expanding the Company’s Ethereum holdings in a responsible and forward-looking manner, with the goal of increasing its ETH per share and simultaneously driving revenue growth.

    A New Frontier in Crypto Capital Formation

    By utilizing both decentralized and institutional capital markets, BTCS aims to set a precedent for how public blockchain companies can bridge DeFi and TradFi to create shareholder value and foster trust in programmable financial systems.

    “We’re engineering a capital structure that mirrors the ethos of crypto itself—efficient, transparent, and decentralized,” said Allen. “With 20 years of capital markets experience and 10 years at the forefront of crypto, BTCS is uniquely positioned to lead in this new paradigm. With a new crypto-friendly administration and increased institutional interest in Ethereum, now is the time to rapidly scale our operations.”

    The chart below illustrates the history of BTCS’s ETH accumulation over the last 5 years:

    The Company plans to provide additional updates, in accordance with its disclosure obligations under securities laws, regarding the specific timelines, instruments, and market conditions as part of its regular investor communications.

    About BTCS:

    BTCS Inc. (Nasdaq: BTCS) (short for Blockchain Technology Consensus Solutions) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its blockchain infrastructure operations. BTCS has honed its expertise in blockchain network operations, particularly in block building and validator node management. Its branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and staking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the Company has developed ChainQ, an AI-powered blockchain data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting www.btcs.com.

    Cautionary Note Regarding Forward-Looking Statements

    Certain statements in this press release, constitute “forward-looking statements” within Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 including statements regarding plans to raise $100 million in 2025, Ethereum’s growth potential, plans for capital raises and limiting our NAV leverage cap and rapidly increasing the Company’s ETH per share and simultaneously driving revenue growth. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation market conditions, regulatory issues and requirements, unexpected issues with Builder+, as well as risks set forth in the Company’s filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2024 which was filed on March 20, 2025. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events or otherwise, except as required by law.

    For more information follow us on:
    Twitter: https://x.com/NasdaqBTCS
    LinkedIn: https://www.linkedin.com/company/nasdaq-btcs
    Facebook: https://www.facebook.com/NasdaqBTCS

    Investor Relations:
    Charles Allen – CEO
    X (formerly Twitter): @Charles_BTCS
    Email: ir@btcs.com

    1 Subject to regulatory approval and market conditions.

    The MIL Network –

  • MIL-OSI: BTCS Inc. Announces Intent to Raise $100 Million for Strategic Ethereum Acquisition Using DeFi/TradFi Flywheel

    Source: GlobeNewswire (MIL-OSI)

    Silver Spring, MD, July 08, 2025 (GLOBE NEWSWIRE) — BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”) short for Blockchain Technology Consensus Solutions, a blockchain technology-focused company, today announced its strategic intent to raise $100 million in 2025 to acquire Ethereum. This initiative is part of the Company’s long-term vision to build the leading publicly traded company focused on Ethereum infrastructure while remaining one of the largest holders of ETH among public companies.

    “We believe that Ethereum has significant growth potential and is central to the future digital financial infrastructure. Now, with Ethereum at 2021 price levels, is the time to deepen our exposure,” said Charles Allen, CEO of BTCS. “Our approach to capital formation has been – and continues to be – designed to minimize dilution, maximize flexibility, and align with our commitment to sound financial management for the protection of our shareholders.”

    This initiative represents a transformative expansion of BTCS’s Ethereum-first strategy, leveraging a cutting-edge financing model that combines both decentralized finance (“DeFi”) and traditional finance (“TradFi”) mechanisms. The planned capital raises1 will be structured through a sophisticated DeFi/TradFi accretion flywheel consisting of At-The-Market (“ATM”) equity sales, convertible debt issuance, on-chain borrowing via Aave, yield generated from NodeOps (staking Ethereum), and vertical integration with Builder+ (block building), one of the most advanced opportunities for driving revenue and increasing ETH per share while minimizing dilution.

    Key principles of the DeFi/TradFi Strategy

    Subject to market conditions, the Company intends to raise funds to acquire Ethereum on a rolling basis, with a targeted emphasis on maximizing capital efficiency. BTCS plans to adhere to a strict net asset value (“NAV”) leverage cap of up to 40% at the time of each financing, covering its combined exposure to convertible debt and Aave borrowings, to ensure a conservative and sustainable balance sheet. The strategy includes:

    • ATM Equity Sales: Opportunistic issuance through the Company’s existing ATM program, designed to access equity markets efficiently and transparently. This would utilize BTCS’s current $250 million shelf registration to the extent it is not restricted by baby shelf limitations.
    • Convertible Debt: Opportunistic use of the previously announced convertible debt arrangement with ATW Partners LLC (“ATW”), which BTCS may utilize upon mutual agreement with ATW, provided it represents the lowest cost of capital. This arrangement, which forms part of BTCS’s broader capital strategy, is designed to provide access to funding while minimizing shareholder dilution.
    • DeFi Borrowing via Aave: Continuing to borrow stablecoins from Aave using ETH as collateral. This structure operates as a perpetual loan, carrying no associated banking or underwriting fees. The current net annual cost of capital remains extremely favorable at around 3%, with no shareholder dilution. This structure can be implemented in minutes, is highly scalable, and provides a flexible mechanism for rapid growth.

    This innovative mix of financing is designed to achieve the least dilutive cost of capital while expanding the Company’s Ethereum holdings in a responsible and forward-looking manner, with the goal of increasing its ETH per share and simultaneously driving revenue growth.

    A New Frontier in Crypto Capital Formation

    By utilizing both decentralized and institutional capital markets, BTCS aims to set a precedent for how public blockchain companies can bridge DeFi and TradFi to create shareholder value and foster trust in programmable financial systems.

    “We’re engineering a capital structure that mirrors the ethos of crypto itself—efficient, transparent, and decentralized,” said Allen. “With 20 years of capital markets experience and 10 years at the forefront of crypto, BTCS is uniquely positioned to lead in this new paradigm. With a new crypto-friendly administration and increased institutional interest in Ethereum, now is the time to rapidly scale our operations.”

    The chart below illustrates the history of BTCS’s ETH accumulation over the last 5 years:

    The Company plans to provide additional updates, in accordance with its disclosure obligations under securities laws, regarding the specific timelines, instruments, and market conditions as part of its regular investor communications.

    About BTCS:

    BTCS Inc. (Nasdaq: BTCS) (short for Blockchain Technology Consensus Solutions) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its blockchain infrastructure operations. BTCS has honed its expertise in blockchain network operations, particularly in block building and validator node management. Its branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and staking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the Company has developed ChainQ, an AI-powered blockchain data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting www.btcs.com.

    Cautionary Note Regarding Forward-Looking Statements

    Certain statements in this press release, constitute “forward-looking statements” within Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 including statements regarding plans to raise $100 million in 2025, Ethereum’s growth potential, plans for capital raises and limiting our NAV leverage cap and rapidly increasing the Company’s ETH per share and simultaneously driving revenue growth. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation market conditions, regulatory issues and requirements, unexpected issues with Builder+, as well as risks set forth in the Company’s filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2024 which was filed on March 20, 2025. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events or otherwise, except as required by law.

    For more information follow us on:
    Twitter: https://x.com/NasdaqBTCS
    LinkedIn: https://www.linkedin.com/company/nasdaq-btcs
    Facebook: https://www.facebook.com/NasdaqBTCS

    Investor Relations:
    Charles Allen – CEO
    X (formerly Twitter): @Charles_BTCS
    Email: ir@btcs.com

    1 Subject to regulatory approval and market conditions.

    The MIL Network –

  • MIL-OSI Africa: Africa: Cities deepen fiscal reform efforts to support development goals

    Source: APO – Report:

    Urban areas across Africa are growing at a remarkable pace, but many city governments are being asked to deliver more with limited fiscal space and constrained access to capital.

    Despite these pressures, some city administrators say they are “seeing real progress,” as explained by James Muchiri, Deputy Governor of Nairobi City County: “In the last financial year alone, Nairobi’s local revenue rose by one billion shillings, and the year before, by nearly the same amount.”

    This view is shared by Chilando Chitangala, Mayor of Lusaka, who noted that the city has long struggled with revenue leakages but is now learning how to build stronger systems – “how to collect more effectively and manage what we collect with greater accountability.”

    The two city leaders were speaking at the close of a high-level side event co-organized by the UN Economic Commission for Africa (ECA), UN-Habitat, and the United Nations Capital Development Fund (UNCDF) on the margins of the Fourth International Conference on Financing for Development (FfD4) in Seville.

    The session focused on how African cities can mobilize domestic resources and strengthen financial systems to support the Sustainable Development Goals and Agenda 2063.

    Both Nairobi and Lusaka are among six African cities participating in the DA-15 project, a joint initiative led by ECA in partnership with UN-Habitat and UNCDF. The project supports city administrations in evaluating their financial performance, identifying reform priorities, and building the tools needed to strengthen public finance at the local level. Other participating cities include Addis Ababa, Dar es Salaam, Kigali, and Yaoundé.

    The first phase of the project involved in-depth financial assessments across the six cities. The findings revealed significant gaps in revenue collection, expenditure management, and investment planning, but also surfaced promising areas for reform.

    “By using ECA’s methodology, we got a report that was independent of our own systems,” said Mr Muchiri. “That helped surface issues we hadn’t seen before, and gave us something concrete to act on.”

    To support implementation, ECA has also developed the Fiscal Space Performance and Monitoring Dashboard, a digital tool that enables city officials to track real-time indicators such as liquidity, solvency, and revenue collection efficiency.

    The dashboard is designed to strengthen transparency and support evidence-based decision-making at the local level.

    “The dashboard enhances transparency, strengthens accountability, and supports smarter financial decisions,” said Hana Morsy, Deputy Executive Secretary of ECA. “It’s a practical tool city can use to stay on top of their fiscal health.”

    While digital tools and financial diagnostics are central to the DA-15 approach, both Nairobi and Lusaka emphasized the importance of local capacity and political will.

    “We now have the skills and structure to move forward,” said Ms Chitangala. “And we hope this knowledge can benefit other cities across Zambia as well.”

    “Ultimately,” added Mr Muchiri, “we want to reduce our dependency on central government transfers. That means we have to build strong, reliable systems that let us collect and manage our own revenue with confidence.”

    Ms Morsy called on national governments, development partners, and the private sector to invest not just in infrastructure, but in the financial systems and institutions that make local governance work.

    “What if we stopped viewing cities as beneficiaries,” she said, “and started empowering them as leaders?”

    Atkeyelsh Persson, Chief of Urbanization and Development at ECA, stressed the importance of ensuring that capacity gains are shared more widely.

    “It’s encouraging to see the impact being felt on the ground,” said Ms Persson. “The capacity built through this work shouldn’t stop with just Nairobi or Lusaka. It has the potential to scale across other cities in Kenya, Zambia, and beyond.”

    – on behalf of United Nations Economic Commission for Africa (ECA).

    Media files

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    MIL OSI Africa –

  • MIL-OSI Africa: Malawi’s Mining Minister to Speak at African Mining Week (AMW) as Global Investor Interest in Country Surges

    Source: APO – Report:

    .

    Malawi’s Minister of Mining, Ken Zikhale Reeves Ng’oma, has confirmed his participation as a speaker at the upcoming African Mining Week (AMW) 2025, Africa’s premier gathering for mining stakeholders. Minister Ng’oma will feature in the Ministerial Forum, showcasing policy frameworks and investment incentives aimed at accelerating mineral exploration, production and beneficiation in Malawi and across the continent.

    Malawi – under the leadership of Minister Ng’oma – is attracting attention from major investors targeting its rare earths, uranium, titanium, graphite and downstream value chains. In June, Minister Ng’oma signed a $7 billion deal with China’s Hunan Sunwalk, marking the largest-ever foreign investment in the country’s mining sector. The deal covers the development of titanium extraction and processing facilities in Salima, alongside major commitments to skills development, technology transfer and community investment. The country also secured $5 billion at China’s Xidian International Stock Exchange to develop a Special Economic Zone in Chipoka. Up to $1 billion worth of mining, infrastructure and agri-industrial projects will be deployed within the first year as part of the deal. The China-Africa Cooperation on Critical Minerals Roundtable at AMW provides an ideal platform for Minister Ng’oma to forge new investment partnerships with Chinese investors.

    African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

    In addition to Chinese investors, major financial institutions across the globe are also supporting cornerstone projects. Malawi’s Ecobank has proposed a $30 million loan, the European Investment Bank a $40 million facility and Gerald Group a $50 million loan to fund the Kangankunde Rare Earths Project. Operated by Australia’s Lindian Resources, the project will be one of the world’s largest rare earths production facilities once operational in 2026.

    In the uranium sector, Lotus Resources secured $38.5 million from South African banks First Capital Bank and Standard Bank to advance the Kayelekera Uranium Project, with first production scheduled for Q3 2025. Additionally, Sovereign Metals raised $40 million in March to support the Kasiya Rutile-Graphite Project, home to the world’s largest known rutile deposit and second-largest graphite reserve. With projected annual outputs of 245,000 tons of rutile and 288,000 tons of graphite over 25 years, the project will position Malawi as a major player in global critical minerals supply.

    Amid this surge in investment, Malawi’s mining sector has the potential to generate up to $30 billion in mineral exports between 2026 and 2040. Against this backdrop, AMW 2025 provides a timely platform for Minister Ng’oma to engage global investors, spotlight Malawi’s growing mining sector and drive new partnerships. Held under the theme From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth, AMW will feature high-level panel discussions and strategic project showcases amplifying Malawi’s role in the continent’s mining future.

    – on behalf of Energy Capital & Power.

    MIL OSI Africa –

  • MIL-OSI Africa: Securities and Exchange Commission (SEC), Quidax Bring Together Top Banks, Asset Managers to Drive Digital Assets Adoption in Nigeria

    Source: APO – Report:

    The Securities and Exchange Commission (SEC) Nigeria, in collaboration with leading digital assets exchange Quidax (www.Quidax.io), hosted an educational series aimed at equipping Nigerian finance professionals with the knowledge and tools needed to navigate the evolving digital assets ecosystem.

    The exclusive two-day event, held at the prestigious Capital Club in Victoria Island, Lagos, convened representatives from commercial banks, asset management firms, pension fund administrators, and securities traders. Some of the participants at the event were from Zenith Bank, ARM, Investment One, FBNQuest, Interswitch, Ecobank, Africa Prudential, Meristem, Wema Bank, Capitafield, Sterling Bank, and several other companies.

    Driving Adoption Through Education and Regulation

    Speaking at the event, Abdulrasheed Dan Abu, Head of FinTech and Innovation at the Securities and Exchange Commission, underscored the programme’s significance. He stated that the initiative reflects the commission’s statutory responsibility not only to regulate the capital market but also to actively develop it.

    Dan Abu emphasized the integral role of traditional financial institutions in the growth of the digital asset ecosystem. “The banks hold fiat currency. If they don’t understand what is going on, it creates a disconnect in the value chain. The more banks that understand digital assets, the better the playing field for users,” he explained.

    This educational series builds on a series of significant regulatory milestones in Nigeria’s digital finance space. On 29 March 2025, President Bola Tinubu signed into law the Investments and Securities Act (ISA) 2025, which formally classifies cryptocurrencies and other virtual assets as securities, thereby placing them under the SEC’s purview. Prior to this, in June 2024, the commission issued rules for Virtual Asset Service Providers, providing crucial regulatory backing to exchanges and other entities operating in the space.

    Quidax’s Pan-African Mission and the Importance of Collaboration

    Buchi Okoro, Co-founder and Chief Executive Officer of Quidax, highlighted the event’s core purpose: supporting adoption by educating both beginners and advanced participants within the financial industry. “Adoption starts with education. This session caters to people at different knowledge levels, from total beginners to those who have conducted blockchain pilots,” he said.

    Okoro reiterated Quidax’s ambitious Pan-African mission, noting that the exchange already operates in nine countries and plans to expand to all 54 African nations. “We’re solving African problems for Africans, and this event partnership with the SEC helps us do that within regulatory guardrails,” he added.

    Industry Leaders Endorse the Initiative

    The event garnered strong support from other key industry players, reinforcing the collaborative spirit essential for digital asset integration.

    Pascal Maguire, Sales Director for Africa at Fireblocks, stressed the need for such forums: “We need more finance and payments experts and decision makers to attend such forums as this enables them to see that they have trusted partners in firms like Quidax, Fireblocks, and the SEC who can both educate them and guide them on their adoption and innovation journey.”

    Ajibade Laolu Adewale, Chairman of the Committee of E-Business Heads in Nigerian Banks and Chief Partnership Officer at Wema Bank, a panelist at the event, highlighted the pressing need for digital assets due to inefficiencies in traditional banking. “Today, moving money internationally still takes days and depends on informal channels. With blockchain, you can transfer value instantly and securely,” he stated.

    Attendees also expressed their positive reception. Sunday Joseph Olaniyan, Head of E-Business at Sun Trust Bank, remarked, “Events like these bring such awareness even closer to us as institutions here in Nigeria and presents us with the opportunity to not be left out of this wave of change. People like myself who have been aware of digital assets are now even more sensitized to the global trend and I sure do not want to be left behind at all.”

    Adding to the sentiment, Bukola James-Cole, Director of Capital Market at Africa Prudential PLC, spoke about the natural evolution of money. She emphasized, “Whether we like it or not it will happen so the earlier we start getting educated about digital assets the better for the industry.”

    – on behalf of Quidax.

    About Quidax:
    Quidax is an African-founded cryptocurrency exchange (https://apo-opa.co/3TvxUhk) that makes it easy for anyone to buy, sell, store and transfer cryptocurrencies. Quidax additionally enables OTC trading (https://apo-opa.co/3IiELby) and gives fintechs the tools to offer cryptocurrency services to customers through a dedicated crypto API.

    Quidax was officially launched in 2018 and has customers in over 70 countries.

    Media files

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    MIL OSI Africa –

  • MIL-OSI Banking: Geoeconomic Fragmentation: Implications for Ireland

    Source: International Monetary Fund

    Summary

    Ireland’s economy is deeply connected to the global trade network and relies on foreign direct investment (FDI), notably from the US. This paper presents a framework to estimate the impact of geo-economic fragmentation through three channels: (1) supply chain disruptions, (2) trade distortions resulting from tariff increases, and (3) FDI relocation, including driven by tax policy changes. Our findings suggest that while the impact of supply disruptions and higher tariffs would be relatively contained under moderate shock assumptions, potential FDI relocations would be associated with a sizeable loss of value added but more limited impact on the indigenous economy.

    MIL OSI Global Banks –

  • MIL-OSI Analysis: How slashing university research grants impacts Colorado’s economy and national innovation – a CU Boulder administrator explains

    Source: The Conversation – USA (2) – By Massimo Ruzzene, Vice Chancellor of Research and Innovation, University of Colorado Boulder

    Federal funding cuts to the University of Colorado Boulder have already impacted research and could cause even more harm. Glenn J. Asakawa/University of Colorado

    The Trump administration has been freezing or reducing federal grants to universities across the country.

    Over the past several months, universities have lost more than US$11 billion in funding, according to NPR. More than two dozen universities, including the University of Colorado Boulder and the University of Denver, have been affected. Research into cancer, farming solutions and climate resiliency are just a few of the many projects nationally that have seen cuts.

    The Conversation asked Massimo Ruzzene, senior vice chancellor for research and innovation at the University of Colorado Boulder, to explain how these cuts and freezes are impacting the university he works for and Colorado’s local economy.

    How important are federal funds to CU Boulder?

    Federal funding pays for approximately 70% of CU Boulder’s research each year. That’s about $495 million in the 2023-2024 fiscal year.

    The other 30% of research funding comes from a variety of sources. The second-largest is international partnerships at $127 million. Last year, CU Boulder also received $27 million in philanthropic gifts to support research and approximately $29 million from collaborations with industry.

    CU Boulder uses this money to fund research that advances fields like artificial intelligence, space exploration and planetary sciences, quantum technologies, biosciences and climate and energy.

    At CU Boulder, federal funding also supports research projects like the Dust Accelerator Laboratory that helps us understand the composition and structure of cosmic dust. This research allows scientists to reconstruct the processes that formed planets, moons and organic molecules.

    How much federal funding has CU Boulder lost?

    So far in 2025, CU Boulder has received 56 grant cancellations or stop-work orders. Those amount to approximately $30 million in lost funding. This number is not inclusive of awards that are on hold and awaiting action by the sponsor.

    This number also does not include the funds that have not been accessible due the considerable lag in funding from agencies such as the National Science Foundation and the National Institutes of Health.
    Nationwide, National Science Foundation funding has dropped by more than 50% through the end of May of this year compared to the average of the past 10 years. The university anticipates that our funding received from these agencies will drop a similar amount, but the numbers are still being collected for this year.

    What research has been impacted?

    A wide variety. To take just one example, CU Boulder’s Cooperative Institute for Research in Environmental Sciences and the Institute of Arctic and Alpine Research investigate how to monitor, predict, respond to and recover from extreme weather conditions and natural disasters.

    This research directly impacts the safety, well-being and prosperity of Colorado residents facing wildfires, droughts and floods.

    Michael Gooseff, a researcher from the College of Engineering and Applied Science, collects weather data from the McMurdo Dry Valleys in Antarctica.
    Byron Adams/University of Colorado Boulder

    Past research from these groups includes recovery efforts following the 2021 Marshall Fire in the Boulder area. Researchers collaborated with local governments and watershed groups to monitor environmental impacts and develop dashboards that detailed their findings.

    How might cuts affect Colorado’s aerospace economy?

    Colorado has more aerospace jobs per capita than any other state. The sector employs more than 55,000 people and contributes significantly to both Colorado’s economy and the national economy.

    This ecosystem encompasses research universities such as CU Boulder and Colorado-based startups like Blue Canyon Technologies and Ursa Major Technologies. It also includes established global companies like Lockheed Martin and Raytheon Technologies.

    At CU Boulder, the Laboratory for Atmospheric and Space Physics is one of the world’s premier space science research institutions. Researchers at the lab design, build and operate spacecraft and other instruments that contribute critical data. That data helps us understand Earth’s atmosphere, the Sun, planetary systems and deep space phenomena. If the projects the lab supports are cut, then it’s likely the lab will be cut as well.

    The Presidential Budget Request proposes up to 24% cuts to NASA’s annual budget. These include reductions of 47% for the Science Mission Directorate. The directorate supports more than a dozen space missions at CU Boulder. That cut could have an immediate impact on university programs of approximately $50 million.

    Scientists test the solar arrays on NASA’s Mars Atmosphere and Volatile Evolution orbiter spacecraft at Lockheed Martin’s facility near Denver.
    Photo courtesy of LASP

    One of the largest space missions CU Boulder is involved in is the Mars Atmosphere and Volatile Evolution orbiter. MAVEN, as it’s known, provides telecommunications and space weather monitoring capabilities. These are necessary to support future human and robotic missions to Mars over the next decade and beyond, a stated priority for the White House. If MAVEN were to be canceled, experts estimate that it would cost almost $1 billion to restart it.

    Have the cuts hit quantum research?

    While the federal government has identified quantum technology as a national priority, the fiscal year 2026 budget proposal only maintains existing funding levels. It does not introduce new investments or initiatives.

    I’m concerned that this stagnation, amid broader cuts to science agencies, could undermine progress in this field and undercut the training of its critical workforce. The result could be the U.S. ceding its leadership in quantum innovation to global competitors.

    Massimo Ruzzene receives funding from the National Science Foundation.

    – ref. How slashing university research grants impacts Colorado’s economy and national innovation – a CU Boulder administrator explains – https://theconversation.com/how-slashing-university-research-grants-impacts-colorados-economy-and-national-innovation-a-cu-boulder-administrator-explains-257869

    MIL OSI Analysis –

  • MIL-OSI Russia: Enrollment is open for Master’s programs founded by Chinese and Kazakh universities

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 8 (Xinhua) — Admissions have opened for master’s programs jointly founded by China’s Nankai University and Kazakhstan’s L.N. Gumilyov Eurasian National University, Nankai University, located in the north Chinese city of Tianjin, said.

    The master’s programs in Belt and Road Economic and Trade Cooperation and Digital Economy and Industrial Innovation were launched with the approval of China’s Ministry of Education. Applicants can enroll in these programs without having to take the National Unified Examination for Master’s Degrees, according to a statement released on the website of Nankai University on Tuesday.

    Classes for these programs are scheduled to begin in September of this year.

    These educational projects are aimed at training specialists in the field of integrated economic management, competent in trade and economic cooperation within the framework of the Belt and Road, the digital economy and industrial innovation.

    After successfully passing the tests and defending their final theses, students will receive a master’s degree from the L. N. Gumilyov Eurasian National University. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI USA: The Rule of Law is Key to Capitalism − Eroding it is Bad News for American Business

    Source: US State of Connecticut

    Something dangerous is happening to the U.S. economy, and it’s not inflation or trade wars. Chaotic deregulation and the selective enforcement of laws have upended markets and investor confidence. At one point, the threat of tariffs and resulting chaos evaporated US$4 trillion in value in the U.S. stock market. This approach isn’t helping the economy, and there are troubling signs it will hurt both the U.S. and the global economy in the short and long term.

    The rule of law – the idea that legal rules apply to everyone equally, regardless of wealth or political connections − is essential for a thriving economy. Yet globally the respect for the rule of law is slipping, and the U.S. is slipping with it. According to annual rankings from the World Justice Project, the rule of law has declined in more than half of all countries for seven years in a row. The rule of law in the U.S., the most economically powerful nation in the world, is now weaker than the rule of law in Uruguay, Singapore, Latvia and over 20 other countries.

    When regulation is unnecessarily burdensome for business, government should lighten the load. However, arbitrary and frenzied deregulation does not free corporations to earn higher profits. As a business school professor with an MBA who has taught business law for over 25 years, and the author of a recently published book about the importance of legal knowledge to business, I can affirm that the opposite is true. Chaotic deregulation doesn’t drive growth. It only fuels risk.

    Chaos undermines investment, talent and trust

    Legal uncertainty has become a serious drag on American competitiveness.

    A study by the U.S. Chamber of Commerce found that public policy risks — such as unexpected changes in taxes, regulation and enforcement — ranked among the top challenges businesses face, alongside more familiar business threats such as competition or economic volatility. Companies that can’t predict how the law might change are forced to plan for the worst. That means holding back on long-term investment, slowing innovation and raising prices to cover new risks.

    When the government enforces rules arbitrarily, it also undermines property rights.

    For example, if a country enters into a major trade agreement and then goes ahead and violates it, that threatens the property rights of the companies that relied on the agreement to conduct business. If the government can seize assets without due process, those assets lose their stability and value. And if that treatment depends on whether a company is in the government’s political favor, it’s not just bad economics − it’s a red flag for investors.

    When government doesn’t enforce rules fairly, it also threatens people’s freedom to enter into contracts.

    Consider presidential orders that threaten the clients of law firms that have challenged the administration with cancellation of their government contracts. The threat alone jeopardizes the value of those agreements.

    If businesses can’t trust public contracts to be respected, they’ll be less likely to work with the government in the first place. This deprives the government, and ultimately the American people, of receiving the best value for their tax dollars in critical areas such as transportation, technology and national defense.

    Regulatory chaos also allows corruption to spread.

    For example, the Foreign Corrupt Practices Act, which prohibits businesses from bribing foreign government officials, has leveled the playing field for firms and enabled the best American companies to succeed on their merits. Before the law was enacted in 1977, some American companies felt pressured to pay bribes to compete. “Pausing” enforcement of the law, as the current presidential administration has done, increases the cost of doing business and encourages a wild west economy where chaos thrives.

    When corruption grows, stable and democratic governments weaken, opportunities for terrorism increase and corruption-fueled authoritarian regimes, which oppose the interests of the U.S., thrive. Halting the enforcement of an anti-bribery law, even for a limited time, is an issue of national security.

    Legal uncertainty fuels brain drain

    Chaotic enforcement of the law also corrodes labor markets.

    American companies require a strong pool of talented professionals to fuel their financial success. When legal rights are enforced arbitrarily or unjustly, the very best talent that American companies need may leave the country.

    The science brain drain is already happening. American scientists have submitted 32% more applications for jobs abroad compared with last year. Nonscientists are leaving too. Ireland’s Department of Foreign Affairs has witnessed a 50% increase in Americans taking steps to obtain an Irish passport. Employers in the U.K. saw a spike in job applications from the United States.

    Business from other countries will gladly accept American talent as they compete against American companies. During the Third Reich, Nazi Germany lost its best and brightest to other countries, including America. Now the reverse is happening, as highly talented Americans leave to work for firms in other nations.

    Threats of arbitrary legal actions also drive away democratic allies and their prosperous populations that purchase American-made goods and services. For example, arbitrarily threatening to punish or even annex a closely allied nation does not endear its citizens to that government or the businesses it represents. So it’s no surprise that Canadians are now boycotting American goods and services. This is devastating businesses in American border towns and hurts the economy nationwide.

    Similarly, the Canadian government has responded to whipsawing U.S. tariff announcements with counter-tariffs, which will slice the profits of American exporters. Close American allies and trading partners such as Japan, the U.K. and the European Union are also signaling their own willingness to impose retaliatory tariffs, increasing the costs of operations to American business even more.

    Modern capitalism depends on smart regulation to thrive. Smart regulation is not an obstacle to capitalism. Smart regulation is what makes American capitalism possible. Smart regulation is what makes American freedom possible.

    Clear and consistently applied legal rules allow businesses to aggressively compete, carefully plan, and generate profits. An arbitrary rule of law deprives business of the true power of capitalism – the ability to promote economic growth, spur innovation and improve the overall living standards of a free society. Americans deserve no less, and it is up to government to make that happen for everyone.

    Originally published in The Conversation. 

    MIL OSI USA News –

  • MIL-OSI USA: The Rule of Law is Key to Capitalism − Eroding it is Bad News for American Business

    Source: US State of Connecticut

    Something dangerous is happening to the U.S. economy, and it’s not inflation or trade wars. Chaotic deregulation and the selective enforcement of laws have upended markets and investor confidence. At one point, the threat of tariffs and resulting chaos evaporated US$4 trillion in value in the U.S. stock market. This approach isn’t helping the economy, and there are troubling signs it will hurt both the U.S. and the global economy in the short and long term.

    The rule of law – the idea that legal rules apply to everyone equally, regardless of wealth or political connections − is essential for a thriving economy. Yet globally the respect for the rule of law is slipping, and the U.S. is slipping with it. According to annual rankings from the World Justice Project, the rule of law has declined in more than half of all countries for seven years in a row. The rule of law in the U.S., the most economically powerful nation in the world, is now weaker than the rule of law in Uruguay, Singapore, Latvia and over 20 other countries.

    When regulation is unnecessarily burdensome for business, government should lighten the load. However, arbitrary and frenzied deregulation does not free corporations to earn higher profits. As a business school professor with an MBA who has taught business law for over 25 years, and the author of a recently published book about the importance of legal knowledge to business, I can affirm that the opposite is true. Chaotic deregulation doesn’t drive growth. It only fuels risk.

    Chaos undermines investment, talent and trust

    Legal uncertainty has become a serious drag on American competitiveness.

    A study by the U.S. Chamber of Commerce found that public policy risks — such as unexpected changes in taxes, regulation and enforcement — ranked among the top challenges businesses face, alongside more familiar business threats such as competition or economic volatility. Companies that can’t predict how the law might change are forced to plan for the worst. That means holding back on long-term investment, slowing innovation and raising prices to cover new risks.

    When the government enforces rules arbitrarily, it also undermines property rights.

    For example, if a country enters into a major trade agreement and then goes ahead and violates it, that threatens the property rights of the companies that relied on the agreement to conduct business. If the government can seize assets without due process, those assets lose their stability and value. And if that treatment depends on whether a company is in the government’s political favor, it’s not just bad economics − it’s a red flag for investors.

    When government doesn’t enforce rules fairly, it also threatens people’s freedom to enter into contracts.

    Consider presidential orders that threaten the clients of law firms that have challenged the administration with cancellation of their government contracts. The threat alone jeopardizes the value of those agreements.

    If businesses can’t trust public contracts to be respected, they’ll be less likely to work with the government in the first place. This deprives the government, and ultimately the American people, of receiving the best value for their tax dollars in critical areas such as transportation, technology and national defense.

    Regulatory chaos also allows corruption to spread.

    For example, the Foreign Corrupt Practices Act, which prohibits businesses from bribing foreign government officials, has leveled the playing field for firms and enabled the best American companies to succeed on their merits. Before the law was enacted in 1977, some American companies felt pressured to pay bribes to compete. “Pausing” enforcement of the law, as the current presidential administration has done, increases the cost of doing business and encourages a wild west economy where chaos thrives.

    When corruption grows, stable and democratic governments weaken, opportunities for terrorism increase and corruption-fueled authoritarian regimes, which oppose the interests of the U.S., thrive. Halting the enforcement of an anti-bribery law, even for a limited time, is an issue of national security.

    Legal uncertainty fuels brain drain

    Chaotic enforcement of the law also corrodes labor markets.

    American companies require a strong pool of talented professionals to fuel their financial success. When legal rights are enforced arbitrarily or unjustly, the very best talent that American companies need may leave the country.

    The science brain drain is already happening. American scientists have submitted 32% more applications for jobs abroad compared with last year. Nonscientists are leaving too. Ireland’s Department of Foreign Affairs has witnessed a 50% increase in Americans taking steps to obtain an Irish passport. Employers in the U.K. saw a spike in job applications from the United States.

    Business from other countries will gladly accept American talent as they compete against American companies. During the Third Reich, Nazi Germany lost its best and brightest to other countries, including America. Now the reverse is happening, as highly talented Americans leave to work for firms in other nations.

    Threats of arbitrary legal actions also drive away democratic allies and their prosperous populations that purchase American-made goods and services. For example, arbitrarily threatening to punish or even annex a closely allied nation does not endear its citizens to that government or the businesses it represents. So it’s no surprise that Canadians are now boycotting American goods and services. This is devastating businesses in American border towns and hurts the economy nationwide.

    Similarly, the Canadian government has responded to whipsawing U.S. tariff announcements with counter-tariffs, which will slice the profits of American exporters. Close American allies and trading partners such as Japan, the U.K. and the European Union are also signaling their own willingness to impose retaliatory tariffs, increasing the costs of operations to American business even more.

    Modern capitalism depends on smart regulation to thrive. Smart regulation is not an obstacle to capitalism. Smart regulation is what makes American capitalism possible. Smart regulation is what makes American freedom possible.

    Clear and consistently applied legal rules allow businesses to aggressively compete, carefully plan, and generate profits. An arbitrary rule of law deprives business of the true power of capitalism – the ability to promote economic growth, spur innovation and improve the overall living standards of a free society. Americans deserve no less, and it is up to government to make that happen for everyone.

    Originally published in The Conversation. 

    MIL OSI USA News –

  • MIL-OSI USA: The Costs and Benefits of Year-Round Schooling

    Source: US State of Connecticut

    Editor’s Note: Kristin Simmers prepared the following research brief (unabridged version) with the Center for Education Policy Analysis, Research, and Evaluation (CEPARE). The full brief examines year-round education for districts exploring its adoption. Below is an executive summary.

    Year-round education (YRE) redistributes the traditional 180-day school calendar by incorporating shorter, more frequent breaks. Proponents argue that YRE can reduce learning loss, alleviate school overcrowding, and address educational inequities. However, findings on its effectiveness are varied, and evidence suggests outcomes may be influenced by the specific model and implementation context. This brief examines the academic, operational, and financial implications of YRE and key considerations for districts exploring its adoption.

    YRE can be implemented as a single-track or multi-track system. In a single-track model, all students follow the same year-round calendar with scheduled intersession breaks, which can be used for remediation and enrichment. Research suggests these programs may help mitigate some learning loss, particularly for disadvantaged students, though the overall academic impact is modest and inconsistent. For example, a Virginia study found that while Black and Hispanic students in YRE schools showed greater gains in state test scores than their peers in traditional calendar schools, participation in intersession programs varied greatly, and there was no significant academic impact on the general student population (Brown et al., 2012). These findings suggest that the observed academic gains among certain student groups in YRE schools may be influenced more by the additional instruction provided during intersession than by the year-round calendar itself.

    Multi-track YRE, designed primarily to ease overcrowding, staggers student attendance schedules and generally increases school capacity by 20-33% without building new facilities. While this model offers operational and financial benefits, research indicates little to no academic advantage in model adoption, and some students in lower-resourced tracks may even experience negative academic outcomes. For example, a California study found slight declines in reading and math scores among students in multi-track YRE schools, particularly in the first few years of implementation (Graves, 2011). Additionally, Wake County, North Carolina, which rapidly implemented multi-track YRE to address overcrowding, saw no overall academic gains but did succeed in reducing school population pressures (Graves et al., 2013). However, the YRE transition faced legal challenges from parents who opposed mandatory enrollment in multi-track YRE systems (McMullen & Rouse, 2012), and the district now actively includes parents in their school assignment process (Wake County Public School System, n.d.).

    While YRE offers potential benefits, research findings are mixed and suggest its success depends on careful planning, stakeholder engagement, and thoughtful implementation. &#8212 Kristin Simmers

    Implementing YRE requires careful consideration of financial, logistical, and community factors. Single-track YRE may increase costs due to intersession programming, staffing, and year-round operations, while multi-track models require complex scheduling and transportation coordination. Family schedules, childcare availability, and extracurricular activities must also be considered. Additionally, teacher workload and retention remain key concerns, as anecdotal reports on YRE’s impact on teacher stress are inconsistent.

    Case studies from Greenwood, South Carolina, and Wake County highlight the role of local context. Greenwood 50 adopted single-track YRE in 2021 to improve low test scores and found that attendance at intersession remediation programs surpassed that of traditional summer school remediation. While test scores improved, other factors, such as smaller class sizes, may have contributed to these outcomes (Gregory & Turcotte, 2022).

    For districts considering YRE, successful implementation may include:

    • Defining objectives about whether YRE implementation will address overcrowding, improve academic outcomes, or both
    • Engaging educators, families, and stakeholders throughout the decision-making process
    • Ensuring equitable access to remediation and enrichment
    • Securing funding for intersession programs when appropriate
    • Considering a phased approach or pilot program before full-scale adoption

    While YRE offers potential benefits, research findings are mixed and suggest its success depends on careful planning, stakeholder engagement, and thoughtful implementation.

    CEPARE produces high-quality research, evaluation, and policy analysis that informs leaders and policymakers on a range of pressing issues, with a particular focus on enhancing social justice and equity across p-20 educational settings in Connecticut and beyond. Learn more about CEPARE, or access the PDF version of this rapid research brief (including all references and appendices), at cepare.uconn.edu. 

    Kristin Simmers is a Ph.D. candidate in the Learning Sciences program at UConn’s Neag School of Education. She has over 16 years of international teaching experience and holds an MS in elementary education, MS Ed. in curriculum and instruction, and graduate certificates in special education and English as a second language.  Her research explores teachers’ understanding of the brain and learning, emphasizing the connection between education research and classroom practice. She promotes a transdisciplinary approach, integrating insights from cognitive science, neuroscience, psychology, and health to enrich educational research. Through her various professional roles, she works to bridge the gap between research and practice, fostering meaningful collaboration across disciplines.

    MIL OSI USA News –

  • MIL-OSI USA: The Costs and Benefits of Year-Round Schooling

    Source: US State of Connecticut

    Editor’s Note: Kristin Simmers prepared the following research brief (unabridged version) with the Center for Education Policy Analysis, Research, and Evaluation (CEPARE). The full brief examines year-round education for districts exploring its adoption. Below is an executive summary.

    Year-round education (YRE) redistributes the traditional 180-day school calendar by incorporating shorter, more frequent breaks. Proponents argue that YRE can reduce learning loss, alleviate school overcrowding, and address educational inequities. However, findings on its effectiveness are varied, and evidence suggests outcomes may be influenced by the specific model and implementation context. This brief examines the academic, operational, and financial implications of YRE and key considerations for districts exploring its adoption.

    YRE can be implemented as a single-track or multi-track system. In a single-track model, all students follow the same year-round calendar with scheduled intersession breaks, which can be used for remediation and enrichment. Research suggests these programs may help mitigate some learning loss, particularly for disadvantaged students, though the overall academic impact is modest and inconsistent. For example, a Virginia study found that while Black and Hispanic students in YRE schools showed greater gains in state test scores than their peers in traditional calendar schools, participation in intersession programs varied greatly, and there was no significant academic impact on the general student population (Brown et al., 2012). These findings suggest that the observed academic gains among certain student groups in YRE schools may be influenced more by the additional instruction provided during intersession than by the year-round calendar itself.

    Multi-track YRE, designed primarily to ease overcrowding, staggers student attendance schedules and generally increases school capacity by 20-33% without building new facilities. While this model offers operational and financial benefits, research indicates little to no academic advantage in model adoption, and some students in lower-resourced tracks may even experience negative academic outcomes. For example, a California study found slight declines in reading and math scores among students in multi-track YRE schools, particularly in the first few years of implementation (Graves, 2011). Additionally, Wake County, North Carolina, which rapidly implemented multi-track YRE to address overcrowding, saw no overall academic gains but did succeed in reducing school population pressures (Graves et al., 2013). However, the YRE transition faced legal challenges from parents who opposed mandatory enrollment in multi-track YRE systems (McMullen & Rouse, 2012), and the district now actively includes parents in their school assignment process (Wake County Public School System, n.d.).

    While YRE offers potential benefits, research findings are mixed and suggest its success depends on careful planning, stakeholder engagement, and thoughtful implementation. &#8212 Kristin Simmers

    Implementing YRE requires careful consideration of financial, logistical, and community factors. Single-track YRE may increase costs due to intersession programming, staffing, and year-round operations, while multi-track models require complex scheduling and transportation coordination. Family schedules, childcare availability, and extracurricular activities must also be considered. Additionally, teacher workload and retention remain key concerns, as anecdotal reports on YRE’s impact on teacher stress are inconsistent.

    Case studies from Greenwood, South Carolina, and Wake County highlight the role of local context. Greenwood 50 adopted single-track YRE in 2021 to improve low test scores and found that attendance at intersession remediation programs surpassed that of traditional summer school remediation. While test scores improved, other factors, such as smaller class sizes, may have contributed to these outcomes (Gregory & Turcotte, 2022).

    For districts considering YRE, successful implementation may include:

    • Defining objectives about whether YRE implementation will address overcrowding, improve academic outcomes, or both
    • Engaging educators, families, and stakeholders throughout the decision-making process
    • Ensuring equitable access to remediation and enrichment
    • Securing funding for intersession programs when appropriate
    • Considering a phased approach or pilot program before full-scale adoption

    While YRE offers potential benefits, research findings are mixed and suggest its success depends on careful planning, stakeholder engagement, and thoughtful implementation.

    CEPARE produces high-quality research, evaluation, and policy analysis that informs leaders and policymakers on a range of pressing issues, with a particular focus on enhancing social justice and equity across p-20 educational settings in Connecticut and beyond. Learn more about CEPARE, or access the PDF version of this rapid research brief (including all references and appendices), at cepare.uconn.edu. 

    Kristin Simmers is a Ph.D. candidate in the Learning Sciences program at UConn’s Neag School of Education. She has over 16 years of international teaching experience and holds an MS in elementary education, MS Ed. in curriculum and instruction, and graduate certificates in special education and English as a second language.  Her research explores teachers’ understanding of the brain and learning, emphasizing the connection between education research and classroom practice. She promotes a transdisciplinary approach, integrating insights from cognitive science, neuroscience, psychology, and health to enrich educational research. Through her various professional roles, she works to bridge the gap between research and practice, fostering meaningful collaboration across disciplines.

    MIL OSI USA News –

  • MIL-OSI Europe: The EBA launches consultation on its draft Guidelines on third-party risk management with regard to non-ICT related services

    Source: European Banking Authority

    The European Banking Authority (EBA) today launched a public consultation on the draft Guidelines on the sound management of third-party risk. The draft Guidelines focus on third-party arrangements in relation to non-ICT related services provided by third-party service providers and their subcontractors with a particular focus on the provision of critical or important functions. These Guidelines revise and update the previous EBA Guidelines on outsourcing, published in 2019, in line with the Digital Operational Resilience Act (DORA). The consultation runs until 8 October 2025.

    The draft Guidelines specify the steps to be taken by financial entities for the life cycle of third-party arrangements (i.e. risk assessment, due diligence, contractual phase, sub-contracting, monitoring, exit strategies and termination processes) to ensure consistency with the requirements under the DORA framework to the extent possible. The draft Guidelines provide specific criteria for the application of the proportionality principle.

    In addition, the draft Guidelines ensure consistency with the DORA register by allowing financial institutions to store consistent information for both ICT and non-ICT services, including the possibility of using one single register. Taking into account the application of proportionality, the level of information to be documented has been limited to reduce the burden on both financial entities and competent authorities.

    To ensure a smooth and efficient transition, financial entities falling under the scope of the updated Guidelines have a transitional period of two years to review and amend their existing third-party arrangements (TPA) and to update the register for non-ICT TPA.

    Consultation process

    Comments to the consultation paper can be sent by clicking on the “send your comments” button on the EBA’s consultation page. The deadline for the submission of comments is 8 October 2025.

    The EBA will hold a virtual public hearing on 5 September from 09:00 to 13:00 – Paris time. The EBA invites interested stakeholders to register using this link by 1 September (16:00 CEST). The dial-in details will be communicated to those who have registered for the meeting.

    All contributions received will be published following the end of the consultation, unless requested otherwise.

    Legal basis

    The draft Guidelines have been developed in accordance with Article 74 of Directive 2013/36/EU which mandates the EBA to further harmonise institutions’ governance arrangements, processes and mechanisms across the EU. Article 11 of Directive (EU) 2015/2366/EU (PSD2), Article 26 of Directive 2019/2034/EU (IFD), Article 16 of Directive (EU) 2014/65 (MiFID II), Article 34 of Regulation (EU) 2023/1114 (MiCAR) and Article 16 of Regulation (EU) No 1093/2010 have also been taken into account.

    MIL OSI Europe News –