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Category: Economy

  • MIL-OSI: Best Instant Withdrawal and Fast Payout Casinos: JACKBIT Wins Best Choice

    Source: GlobeNewswire (MIL-OSI)

    LARNACA, Cyprus, April 24, 2025 (GLOBE NEWSWIRE) — After extensively researching dozens of online casinos—evaluating payout speed, deposit processing times, no KYC policies, rakeback bonuses, free spins, and overall user experience—we confidently concluded that JACKBIT Casino ranks as the best. It stood out for its blazing-fast payouts, instant withdrawals, and a wealth of player-friendly features.

    From generous rakeback offers and crypto-friendly banking to a no-hassle registration process and massive game selection, JACKBIT consistently outperformed the competition across the board.

    This review covers all the essentials, helping you decide if JACKBIT is the right fit for your gaming journey for instant deposits and fast withdrawals.

    JACKBIT Casino Features for Players

    JACKBIT sets itself apart as the ultimate destination for players seeking fast payouts and instant withdrawals, making it a top-tier choice in the crypto casino space. The platform supports over 20 cryptocurrencies with zero transaction fees, ensuring speedy and seamless payments every time. With a strict no KYC policy, JACKBIT is also a leading anonymous casino, safeguarding player privacy and enabling quick access to winnings.

    To cater to a global audience, JACKBIT offers multilingual support, including English, German, French, Spanish, and Russian. Players enjoy 24/7 live chat assistance in multiple languages and a generous VIP program that offers up to 30% rakeback. The mobile-optimized interface delivers smooth gameplay across all devices, and with a dedicated app launching in Q3 2025, JACKBIT is designed for the modern gamer who values speed, privacy, and convenience.

    READY TO PLAY? CHECK OUT JACKBIT CASINO’S OFFERINGS TODAY!

    Our Favourite Overall Casino

    JACKBIT excels among the best instant withdrawal casinos with its 7,000+ games, including slots, table games, live dealer options, and a sportsbook covering 140+ sports. Its intuitive interface, paired with instant withdrawal and fast payout casino capabilities, caters to diverse players.

    Generous promotions, a focus on privacy, and a blend of traditional and crypto gaming solidify its reputation as a leading crypto casino. Whether you’re chasing jackpots or betting on esports, JACKBIT offers a dynamic, player-centric experience that sets it apart.

    Pros and Cons of JACKBIT

    Pros:

    • 7,000+ games, including the best online pokies and live dealer tables
    • 20+ cryptocurrencies for instant withdrawal and fast payout casino transactions
    • No KYC, ideal for the best anonymous casinos
    • 100 wager-free spins in the welcome bonus
    • Sportsbook with 4,500+ betting types
    • 24/7 multilingual support
    • Mobile-optimized with cross-device compatibility
    • Regular tournaments and community engagement

    Cons:

    • No mobile app currently
    • Fewer fiat withdrawal options than crypto
    • Responsible gaming tools could be more prominent
    • Some promotions have time-limited conditions

    How To Join JACKBIT Casino

    Joining JACKBIT, a best payout casino, is quick and user-friendly:

    1. Visit JACKBIT’s official website (Click Here)
    2. Click ‘Register’ and choose the welcome bonus.
    3. Enter your email and create a password.
    4. Provide basic details like name and date of birth (no ID verification required).
    5. Make a first deposit to claim 30% rakeback and 100 free spins.
    6. Start playing slots, table games, or sports betting instantly.

    The process takes under two minutes, emphasizing JACKBIT’s commitment to privacy and accessibility for players seeking a no ID verification casino.

    How We Selected the JACKBIT as Best Instant Withdrawal & Fast Paying Casino

    Our evaluation of JACKBIT as a top online casino focused on critical factors to ensure an exceptional gaming experience. We assessed licensing, security, game variety, payment options, bonuses, customer support, and user experience to confirm its suitability for a global audience. JACKBIT’s ability to balance innovation with reliability made it a standout in our rigorous selection process.

    License and Security

    JACKBIT operates under a Curacao eGaming License, adhering to strict regulatory standards. It employs 256-bit SSL encryption and blockchain verification for crypto games, ensuring fairness and security.

    As a no ID verification casino, JACKBIT prioritizes player privacy with robust firewalls and regular audits, fostering trust across its platform.

    Bonuses and Promotions

    JACKBIT’s promotions are a highlight among the best crypto casinos. New players receive 30% rakeback and 100 wager-free spins. Ongoing offers include:

    • Weekly $10,000 giveaways and 10,000 free spins
    • €2,000,000 Pragmatic Play Drops & Wins
    • VIP rakeback up to 30%, scaling with player activity
    • Social media bonuses via Twitter and Telegram engagement

    These promotions reward both new and loyal players with transparent terms, enhancing the gaming experience.

    CLAIM YOUR 30% RAKEBACK + 100 FIRST DEPOSIT FREE SPINS + NO KYC

    Casino Games

    JACKBIT’s 7,000+ games include best online pokies, table games, live dealer options, crypto mini-games, and a sportsbook with 82,000+ live monthly events and 75,000+ pre-match events. From casual slot spins to high-stakes sports betting, the platform caters to all preferences, with new titles added weekly to keep the library fresh and engaging.

    Casino Game Providers

    JACKBIT partners with 91 providers, including Pragmatic Play, Evolution Gaming, NetEnt, Play’n Go, Yggdrasil, Microgaming, and Spribe. These ensure high-quality graphics, immersive gameplay, and provably fair mechanics, particularly for crypto games like Aviator, Plinko, and Crash, enriching the gaming experience.

    Banking Methods

    JACKBIT excels as an instant withdrawal and fast payout casino, supporting 20+ cryptocurrencies, including: Bitcoin, Ethereum, Tether, Solana, Ripple, Dogecoin, Binance Coin, and Litecoin.

    Fiat options include: Visa, Mastercard, Google Pay, Apple Pay, and bank transfers.

    Crypto withdrawals process in minutes, while fiat takes 1-3 days. Pay ID Casino methods are available in select regions, streamlining fiat transactions for added convenience.

    Customer Support

    JACKBIT offers 24/7 support via live chat (under 2-minute responses) and email (support@jackbit.com, replies within 4 hours). The multilingual team handles queries in English, French, German, and more, with a 97% resolution rate. A detailed FAQ covers payments, bonuses, and responsible gaming, ensuring accessibility for all players.

    How We Choose Top-Rated Casino Sites

    We evaluate the best online casinos based on:

    • Security: Licensing and encryption for safe play
    • Game Variety: Extensive libraries for all players
    • Payout Speed: Prioritizing instant withdrawal and fast payout casino options
    • Bonuses: Fair, generous promotions
    • Support: Responsive, multilingual assistance
    • Anonymity: Preference for no ID verification casinos
    • Mobile Play: Seamless cross-device experience
    • Community Engagement: Tournaments and social interaction

    JACKBIT’s excellence across these areas makes it a 2025 leader among the best online casinos.

    The Selection Process: Defining Excellence

    JACKBIT’s Curacao license, SSL encryption, and no KYC policy align with the best anonymous casinos. It’s 7,000+ games, instant crypto payouts, and wager-free free spins showcase excellence. Mobile optimization ensures smooth play across devices, with an app in beta testing for Q3 2025. Regular game and promotion updates keep the platform dynamic, catering to evolving player needs.

    A Gaming Paradise: 7,000+ Ways to Play

    JACKBIT’s expansive library includes:

    • Slots: Classic, video, and jackpots like Book of Dead, Mega Moolah, and Gates of Olympus
    • Table Games: Blackjack, roulette, baccarat, poker
    • Live Dealer: 250+ tables, including Crazy Time and Dream Catcher
    • Crypto Games: Provably fair Crash, Plinko, Dice
    • Sportsbook: 140+ sports (soccer, esports, horse racing, virtual sports) with 4,500+ betting types

    Search and filter tools simplify navigation, and weekly additions ensure a fresh selection for players seeking the best online pokies or live betting thrills.

    Craps at JACKBIT includes Crapless Craps and live tables with a 1.41% house edge on Pass Line bets. Live tables, powered by Evolution Gaming, offer dynamic gameplay, appealing to strategic players looking for fast-paced action.

    • Live Dealer Games

    JACKBIT’s 250+ live dealer tables, from Evolution and Pragmatic Play, include blackjack, roulette, baccarat, and game shows like Dream Catcher and Crazy Time. HD streaming, customizable bet limits, and instant withdrawal and fast payout casino options create an immersive, rewarding experience.

    Texas Hold’em, Omaha, 3 Card Poker, and video poker options like Jacks or Better offer 0.5%-2% house edges. Live poker tables deliver real-time interaction, making JACKBIT a go-to for both casual and skilled players.

    European (2.7% house edge) and French (1.35% with La Partage) roulette, plus live tables with interactive chat, cater to all skill levels. Intuitive betting controls enhance accessibility for beginners and seasoned players alike.

    Atlantic City, European, and Vegas Strip blackjack variants (0.5%-1% house edge) and live tables with side bets provide strategic depth. The game’s low house edge makes it a favorite among fans of classic casino games.

    Over 5,000best online pokies, from high-RTP titles like Blood Suckers to progressive jackpots like Mega Moolah and Divine Fortune, feature cascading reels, multipliers, and bonus rounds. Regular updates ensure a fresh, exciting experience for slot enthusiasts.

    Customer Support

    JACKBIT’s 24/7 live chat (under 2 minutes) and email (4-hour replies) ensure accessibility. Multilingual support in English, French, German, and more, plus Telegram assistance, caters to diverse players. The FAQ covers deposits, withdrawals, bonuses, and responsible gaming, reinforcing JACKBIT’s status among the best online casinos.

    Responsible Gaming at JACKBIT

    JACKBIT promotes responsible gaming with deposit limits, session time reminders, loss limits, cool-off periods, and self-exclusion options. Links to external resources like GamCare and Gambling Therapy provide professional support. While these tools are effective, they could be more prominently displayed to encourage proactive use, aligning with the standards of best online casinos.

    JACKBIT’s Community and Social Engagement

    JACKBIT fosters a vibrant community through social media platforms like Twitter, Telegram, and Instagram, where players can engage with the brand, participate in exclusive giveaways, and claim free spins. Regular tournaments, such as slot races and live dealer challenges, offer cash prizes and leaderboard rewards, enhancing player interaction.

    The platform’s blog provides valuable content, including game strategies, crypto transaction guides, and industry news, helping players stay informed and connected. This community focus distinguishes JACKBIT among the best crypto casinos, creating a sense of belonging for players worldwide.

    The Most Popular Payout Methods at Best Online Casinos

    JACKBIT’s payout methods cater to diverse preferences:

    • Bitcoin: 10-60 minute withdrawals
    • Ethereum: Fast transactions, potential gas fees
    • Tether: Instant payouts, minimal fees
    • Solana: High-speed, low-cost transfers
    • Ripple: Near-instant, low fees
    • Dogecoin: Ideal for microtransactions
    • Visa/Mastercard: 1-3 day withdrawals
    • Google Pay/Apple Pay: Instant deposits
    • Bank Transfer: Secure, up to 5 days
    • Pay ID Casino: Regional fiat payouts

    Crypto’s speed and privacy make JACKBIT a top instant withdrawal and fast payout casino, and the best anonymous casino. No fees and low minimums ($10 equivalent) add significant value for players.

    Final Thoughts

    JACKBIT redefines online gaming with its no KYC policy, 7,000+ games, and instant withdrawal and fast payout casino features. As a best payout casino, it seamlessly blends variety, security, and player rewards. From wager-free free spins to esports betting and a vibrant community, JACKBIT delivers a dynamic, private experience.

    Its upcoming mobile app and ongoing updates further elevate its appeal. Join today to explore why JACKBIT is a leader in 2025, and always play responsibly.

    PLAY AT JACKBIT NOW – CLAIM YOUR BONUS AND START WINNING!

    Frequently Asked Questions

    1. What makes JACKBIT a leading best no KYC casino?
    JACKBIT’s no KYC policy, instant crypto withdrawals, and 7,000+ games prioritize privacy and speed, making it a top choice for the best anonymous casinos.

    2. How fast are JACKBIT’s withdrawals compared to other instant withdrawal and fast payout casinos?
    Crypto payouts process in 10-60 minutes, often under 10, positioning JACKBIT as a leader. Fiat withdrawals take 1-3 days, still competitive.

    3. Are JACKBIT’s free spins truly wager-free, and how do they benefit players?
    Yes, 100 welcome free spins have no wagering requirements, allowing players to keep winnings as real cash, a rare perk among the best online casinos.

    4. Does JACKBIT support fiat currencies alongside its crypto offerings?
    Yes, JACKBIT offers Visa, Mastercard, Google Pay, Apple Pay, and Pay ID Casino options, but crypto is preferred for no ID verification casino benefits and faster payouts.

    5. What game categories are available at JACKBIT to suit different preferences?
    JACKBIT’s 7,000+ games include best online pokies, table games, live dealer options, crypto mini-games, and a sportsbook with 140+ sports, ensuring variety for all players.

    6. How does JACKBIT ensure fairness in its crypto-based games?
    Provably fair technology allows players to verify outcomes on the blockchain, ensuring transparency and trust in the best crypto casinos.

    EMAIL: support@jackbit.com

    Disclaimer and Affiliate Disclosure – JACKBIT Casino

    Disclaimer
    This content is intended for informational and entertainment purposes only. It does not constitute financial, legal, or professional advice. All information about JACKBIT Casino is based on publicly available data and research at the time of writing; however, accuracy is not guaranteed. Readers are encouraged to verify all details independently.

    Gambling Notice
    Gambling online involves risk and may not be suitable for all users. Please ensure you meet the legal age requirements and follow applicable laws in your jurisdiction. We do not own or operate JACKBIT Casino and are not responsible for any financial losses, gameplay issues, or disputes with the platform.

    Affiliate Disclosure
    Some links in this content may be affiliate links. This means we may earn a commission at no additional cost to you if you choose to sign up or make a purchase through them. Our reviews and opinions remain impartial and are based on thorough research. Always do your own research before playing at any online casino.

    The MIL Network –

    April 25, 2025

  • MIL-OSI: Truelink Capital Completes Investment in Channel Factory to Fuel Global Expansion

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, April 24, 2025 (GLOBE NEWSWIRE) — Truelink Capital today announced that it has completed a significant investment in Channel Factory, a leading adtech company specializing in brand suitability, contextual targeting, and media optimization solutions for digital advertising. Financial terms were not disclosed.

    Founded in 2014 by Tony Chen, Channel Factory is a trusted partner to the world’s leading brands, agencies, and media buyers, delivering contextually targeted advertising solutions. Leveraging proprietary AI technology, Channel Factory helps advertisers maximize the efficiency of their digital media campaigns across YouTube, Meta, other walled gardens, and CTV. It ensures ads appear in brand-suitable, high-performing, and contextually relevant content.

    “We are thrilled to partner with Channel Factory’s founder-based leadership team and will work together to invest in the company’s expansion into new geographies and additional digital media platforms. Their deeply entrenched relationships with the global agency holding companies and brands, built on a strong foundation of their leading AI technology, have driven exponential growth over the past few years. We see exceptional opportunities to support the business and its leadership as it further develops its core technology to support other social media platforms, ultimately positioning itself to be a one-stop provider for contextual targeting, brand suitability and media optimization. Additionally, we are eager to explore opportunities to continue growing Channel Factory through M&A and organic opportunities in international markets by leveraging the strong relationships that they have cultivated in recent years,” said Luke Myers, Co-Founder and Managing Partner of Truelink Capital.

    “We’re excited to partner with Truelink Capital to accelerate our next phase of growth and deliver even more innovation and value creation to our clients,” said Tony Chen, Founder and CEO of Channel Factory. “This partnership marks a new chapter. One that allows us to scale our operations faster, expand into new markets, and multiply our investment in our AI-driven technology. With Truelink’s support and strategic insight, we remain focused on our mission and will continue to run the business with the same leadership, vision, and commitment to our clients that have brought us here.”

    With a strong focus on brand safety, suitability, and responsible media placements, Channel Factory enables advertisers to align campaigns with content that reflects their values and resonates with target audiences. Using machine learning to analyze billions of videos, its platform ensures ads appear in optimal environments driving engagement and maximize ROI. Along with this leading AI-based technology, the company has supported its growth by nurturing strong relationships with the biggest and most well-known brands and agencies in this space.

    This transaction marks the eighth investment for Truelink Capital, a middle-market private equity firm focused on creating long-term value by partnering with industry-leading companies. The firm has a successful track record of operationally focused investments in the Industrials and Tech-enabled Services sectors.

    BMO Capital Markets served as buy-side financial advisor, while O’Melveny served as the legal advisor to Truelink Capital for this transaction.

    Global Investment Bank, Canaccord Genuity, acted as the exclusive investment banking advisor to Channel Factory. Greenberg Traurig and Marquee Law Group served as Channel Factory’s legal counsel.

    ABOUT TRUELINK CAPITAL
    Truelink Capital is a private equity firm based in Los Angeles. Truelink pairs deep industry experience in the Industrials and Technology-enabled services sectors with a commitment to building partnerships that drive long-term value through an operationally focused strategy. Truelink partners with management, corporate sellers, and founders to accelerate growth through the execution of strategic initiatives and transformative add-on acquisitions. Truelink is investing out of Truelink Capital Fund I, a $950 million fund.

    About Channel Factory
    Channel Factory is a global technology and data platform that optimizes business performance and enhances brand reputation through ethical and effective contextual targeting. Utilizing proprietary AI and brand suitability technologies, Channel Factory ensures ads are placed on brand-safe, contextually relevant content across YouTube, CTV platforms, and social media, including Meta and TikTok. Through its conscious media planning, Channel Factory is committed to promoting sustainability, diversity, and positive content, helping brands achieve their goals while fostering a healthier digital ecosystem.

    Channel Factory has a presence in 31 countries across the Americas, Europe, the Middle East, Asia, and ANZ, providing advertisers with IAB standard category lists and customized content options in 49+ languages. For more information about Channel Factory, please visit http://www.channelfactory.com

    Media Contact:
    Truelink: Peter Schultz / pschultz@truelinkcap.com
    Channel Factory: Luiz Barros / luiz.felipe@channelfactory.com

    The MIL Network –

    April 25, 2025

  • MIL-OSI: ESO Appoints Silicon Valley Tech Veteran John Basmadjian as Chief Product and Technology Officer

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, April 24, 2025 (GLOBE NEWSWIRE) — ESO, a leading data services and software provider for EMS, fire departments, hospitals, and state and federal agencies, today announced the appointment of John Basmadjian as chief product and technology officer. Basmadjian brings more than two decades of technology and leadership experience at Google, Amazon, GE Digital, Workday and others. Throughout his career, he has successfully scaled ecosystem partnerships worldwide and led global product development and innovation initiatives, growing three products from concept to more than $1 billion in annual revenue.

    “John combines a proven track record of scaling product innovation with a customer-centric focus that makes him a natural fit to elevate our platform’s capabilities and expand our impact for customers and their communities,” said Eric Beck, president and CEO of ESO. “His experience transforming data-driven organizations across multiple industries gives us a tremendous advantage as we continue to enhance our mature data assets and insights across the entire call-to-care journey.”

    In his role, Basmadjian will lead ESO’s product strategy with a focus on three key initiatives:

    • Enhancing data interoperability across local, state and federal levels.
    • Strengthening ecosystem partnerships.
    • Accelerating investments in data-driven insights to improve patient outcomes and emergency response efficiency.

    “I joined ESO because what we do has a real-world impact both for our customers and the communities they serve every day,” Basmadjian said. “What sets ESO apart is our ability to empower nearly 3 million users with data insights and, more importantly, tangible clinical, operational and financial outcomes that would have seemed impossible just a few years ago. I’m committed to delivering the right thing to our customers in an innovative and frictionless way. That means providing firefighters, EMS providers, clinicians, hospitals and agencies with the information they need—when and where they need it—to connect and enhance care delivery, operational efficiency and overall community impact.”

    From 2020 to 2024, Basmadjian served as senior director of engineering for Google Fitbit and global head of partner engineering for the Google Health platform, where he spearheaded the creation and global scale-up of the company’s health ecosystem. Under his leadership, Google’s health ecosystem grew from zero to more than 600 partner organizations, delivering health insights and better outcomes for 3 billion users globally. His teams also piloted electronic health records integrations, artificial intelligence (AI) and machine learning (ML) integration, and developed expansion and product strategies for nationalized health care systems in three countries.

    Previously, he served as Amazon’s first chief of staff for e-commerce platform strategy and operations and held roles as CTO and vice president of engineering, leading AI/ML efforts across Royal Dutch Shell and GE Power’s IoT and energy trading platforms. He also led scaling, architecture, cloud and product development transformations at PayPal and Workday. He is a Tech Stars Mentor, Forbes Technology Council Member and former Google Startup Advisor.

    For more information about ESO, visit https://www.eso.com/.

    About ESO
    ESO (ESO Solutions, Inc.) is dedicated to improving community health and safety through the power of data. Since its founding in 2004, the company continues to pioneer innovative, user-friendly software to meet the changing needs of today’s dispatch centers, EMS agencies, fire departments, hospitals, and state and federal offices. ESO currently serves thousands of customers across the globe with a broad software portfolio, including the state-of-the-art Logis IDS CAD solution, industry-leading ESO Electronic Health Record (EHR), the next-generation ePCR; ESO Health Data Exchange (HDE), the first-of-its-kind health care interoperability platform; ESO Fire RMS, the modern fire Record Management System; ESO Patient Registry (trauma, burn and stroke registry software); and ESO State Repository. ESO is headquartered in Austin, Texas. For more information, visit www.eso.com.

    Media Contact:
    For ESO,
    Hope Sander
    Red Fan Communications
    eso@redfancommunications.com
    737-280-8783

    The MIL Network –

    April 25, 2025

  • MIL-OSI: North Dallas Bank & Trust Co. Announces First Quarter Earnings

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, April 24, 2025 (GLOBE NEWSWIRE) — NDBT (North Dallas Bank & Trust Co.), an independent community bank established in 1961, today announced net earnings for three months of $1,307,716 or $0.51 per share, for the period ending March 31, 2025.

    Earnings were prepared internally without review by the company’s independent accountants. Financial results are the results of past performance, events and market conditions, and are not a guarantee for future results. Any forward-looking implications derived from this information may differ materially from actual results.

    Further information about the earning and financial performance is available from Glenn Henry, Chief Financial Officer, by contacting NDBT.

    ABOUT NDBT
    Founded in 1961, NDBT (North Dallas Bank & Trust Co.) is an independent community bank with five banking centers located in Dallas, Addison, Frisco, Las Colinas, and Plano. Headquartered on the corner of Preston Road and LBJ at 12900 Preston Road in Dallas, NDBT is dedicated to helping people make smarter choices in business and life by offering authentic banking solutions, wealth management, and innovative online banking tools. NDBT is Member FDIC and an Equal Housing Lender. For more information, call 972.716.7100, or visit online at www.ndbt.com.

     
    NORTH DALLAS BANK & TRUST CO.
    12900 PRESTON ROAD
    DALLAS, TEXAS
                       
    FINANCIAL HIGHLIGHTS       Three Months Ended      
            March 31      
    Income Statement       2025   2024      
                       
    Interest Income       19,978,180     18,722,387        
    Interest Expense       10,515,928     10,455,963        
    Net Interest Income       9,462,252     8,266,424        
                       
    Provision for Credit Losses       0     (440,000 )      
    Noninterest Income       1,531,050     1,428,713        
    Noninterest Expenses       (9,466,604 )   (8,453,319 )      
    Income Before Taxes & Extraordinary   1,526,698     801,818        
                       
    Income Tax       (218,982 )   (87,133 )      
    Net Income       1,307,716     714,685        
                       
    Earnings per Share       0.51     0.28        
                       
                Three Month Average
       As of March 31     Ended March 31
                       
    Balance Sheet 2025     2024   2025   2024  
                       
    Total Assets 1,877,362,025     1,832,966,265     1,880,610,912     1,807,631,873  
    Total Loans 1,243,202,542     1,199,991,678     1,250,054,847     1,196,779,701  
    Deposits 1,594,703,504     1,517,726,655     1,599,360,667     1,498,970,001  
    Stockholders’ Equity 173,736,749     164,835,517     172,762,422     164,583,709  
                       
    (Prepared internally without review by
    our independent accountants)

    Media Contact:
    Brian C. Jensen
    972-716-7124
    brian.jensen@ndbt.com

    The MIL Network –

    April 25, 2025

  • MIL-OSI: Best No KYC Crypto Casinos: JACKBIT, Ranked Top Anonymous Crypto Casino Site for 2025

    Source: GlobeNewswire (MIL-OSI)

    LARNACA, Cyprus, April 24, 2025 (GLOBE NEWSWIRE) — We tried plenty of no KYC crypto casinos, hoping to find one that actually lived up to the hype. Most of them were pretty disappointing, confusing bonuses, slow payouts, or just not that fun. Then we came across JACKBIT, and it honestly felt like a breath of fresh air. In a time when crypto casinos are trending and everyone’s chasing the next big platform, JACKBIT actually delivers.

    Signing up was quick, and we were greeted with a 30% rakeback and 100 wager-free spins. The game selection is huge, with over 7,000 titles including slots, live dealers, and crypto-friendly games. Add in fast withdrawals and full privacy, and it’s easy to see why JACKBIT stood out.

    CLICK HERE TO JOIN THE BEST NO KYC CRYPTO CASINO: JACKBIT

    A Closer Look at the Best No KYC Crypto Casino: JACKBIT

    JACKBIT is a powerhouse among the best no KYC crypto casinos, combining a vast game library, seamless crypto transactions, and a no-KYC policy that ensures player anonymity. Licensed by the Curacao eGaming Commission, this new crypto casino offers a secure and fair gaming environment. Its intuitive interface supports multiple languages, including English, German, and French, catering to a global audience. The platform’s mobile-optimized design allows players to enjoy gaming on the go, making it a top pick for modern gamblers.

    JACKBIT boasts an extensive library of over 7,000 games, provided by 91 leading software providers, including Pragmatic Play, Evolution Gaming, and Play’n GO. From classic slots like Gates of Olympus and Sweet Bonanza to live dealer games and a comprehensive sportsbook, JACKBIT has something for everyone. The sportsbook is particularly impressive, offering over 140 sports and thousands of live betting events every month.

    As a Pay ID Casino, JACKBIT supports a wide range of payment methods, accepting over 20 cryptocurrencies, including Bitcoin, Ethereum, Tether, and Dogecoin, as well as fiat options like Visa, MasterCard, and bank transfers. Crypto transactions are instant and fee-free, while fiat withdrawals may take 2-3 days. The casino’s 24/7 multilingual customer support, available via live chat and email, ensures a seamless user experience.

    Weighing the Advantages and Disadvantages of JACKBIT

    Pros Cons
    No KYC policy for complete anonymity Fiat withdrawals take 2-3 days
    Over 7,000 games from 91+ providers No dedicated mobile app (mobile site optimized)
    Supports 20+ cryptocurrencies with instant transactions Fiat withdrawals take 2-3 days
    Generous welcome bonus: 30% rakeback, 100 Free Spins  
    24/7 multilingual customer support  
    Extensive sportsbook with 140+ sports  
       

    PLAY NOW AT JACKBIT & ENJOY WELCOME BONUS OF 30% RAKEBACK +100 FREE SPINS

    A Closer Look at the Best No KYC Crypto Casino: JACKBIT

    JACKBIT earns its title as the best no KYC crypto casino due to its unique combination of privacy, game variety, and fast payouts. Unlike traditional casinos, this anonymous online casino allows players to sign up and play without submitting personal documents, making it ideal for those who value anonymity.

    The vast selection of games, from slots to live dealer games and sports betting, ensures there’s never a dull moment. Additionally, the generous welcome bonus and ongoing promotions, including the VIP Rakeback program, make it a rewarding choice for both new and loyal players.

    The casino’s commitment to customer satisfaction is evident in its 24/7 support and the ease of use of its platform. Whether you’re a seasoned gambler or a newcomer to new crypto casinos, JACKBIT provides a seamless and enjoyable experience that sets the benchmark for 2025.

    How to Join JACKBIT No KYC Crypto Casino

    Joining JACKBIT is a straightforward process, aligning with its status as a Best No KYC Casino:

    1. Visit JACKBIT Casino: Go to the official JACKBIT website. Sign Up: Click “Sign Up” and provide an email address and password. No personal details or documents are required.
    2. Verify Your Email: Confirm your email address to activate your account.
    3. Make a Deposit: Navigate to the cashier section, choose your preferred payment method (crypto or fiat), and deposit funds. The minimum deposit to claim the welcome bonus is $50.
    4. Claim the Welcome Bonus: During your first deposit to receive 30% rakeback and 100 Free Spins No KYC.
    5. Start Playing: Once your deposit is confirmed, you can explore the vast game library or place bets on your favorite sports.

    How We Selected JACKBIT as Best No KYC Crypto Casino

    Our selection process for identifying the best no KYC crypto casinos like JACKBIT is thorough and player-centric. We evaluated platforms based on several key criteria to ensure a secure, enjoyable, and anonymous gaming experience.

    License and Security

    JACKBIT operates under a Curacao eGaming License, ensuring a regulated and fair gaming environment. The platform uses advanced SSL encryption to protect player data, making it a trusted best bitcoin casino. It’s no KYC policy enhances privacy, as players can deposit, play, and withdraw without submitting personal documents.

    Bonuses and Promotions

    JACKBIT’s bonus structure rewards players generously. The welcome offer includes 30% rakeback and 100 wager-free Free Spins. Ongoing promotions include weekly $10,000 giveaways, 10,000 Free Spins, and Pragmatic Play’s Drops & Wins with a €2,000,000 prize pool. The Rakeback VIP Club offers up to 30% cashback, making it a lucrative option for loyal players.

    Casino Games

    With over 7,000 games, JACKBIT offers an unparalleled variety of gaming options. Players can enjoy classic slots, table games, live dealer options, crash games, and a top-tier sportsbook covering 140+ sports, including soccer, basketball, and eSports, with thousands of live betting events monthly.

    Casino Game Providers

    JACKBIT partners with 91+ leading providers, including Pragmatic Play, Evolution Gaming, Play’n GO, NetEnt, Yggdrasil, and Microgaming. These collaborations ensure high-quality gameplay and a constant stream of new titles for users of the best no KYC crypto casinos.

    Banking Methods

    JACKBIT’s payment system is a cornerstone of its appeal as a Pay ID Casino. It supports over 20 cryptocurrencies and fiat options, with crypto transactions processed instantly and without fees.

    How We Choose JACKBIT as Top-Rated Crypto Casino No KYC Casino Site

    When selecting top-rated casino sites, we consider several factors to ensure they meet the highest standards of quality and reliability. These include:

    • Privacy and Security: We prioritize casinos that offer strong privacy protections, such as no KYC policies, and robust security measures like SSL encryption.
    • Game Variety: A wide range of games from reputable providers is essential for keeping players engaged and entertained.
    • Payout Speed and Reliability: Fast and reliable payouts are crucial for player satisfaction. We look for casinos that offer instant or near-instant withdrawals, especially for cryptocurrency transactions.
    • User Experience: The casino’s website should be user-friendly, mobile-optimized, and easy to navigate, providing a seamless gaming experience.
    • Bonuses and Promotions: Generous and fair bonuses, including welcome offers, Free Spins, and loyalty programs, add value to the gaming experience.
    • Customer Support: Responsive and helpful customer support is vital for resolving any issues or queries that players may have.

    JACKBIT excels in all these areas, making it a top-rated casino site for 2025.

    The Selection Process of JACKBIT No KYC Crypto Casino: Defining Excellence in Online Gaming

    Our selection process for identifying the best no KYC crypto casinos is rigorous and comprehensive. We begin by researching and shortlisting casinos that meet basic criteria such as holding a valid license, offering a wide range of games, and supporting secure payment methods. We then delve deeper, evaluating each casino based on specific criteria:

    1. Licensing and Regulation: We ensure that the casino is licensed by a reputable regulatory body, such as the Curacao eGaming Commission, to guarantee fair play and player protection.
    2. Game Library: We assess the variety and quality of games offered, looking for a good mix of slots, table games, live dealer games, and sports betting options.
    3. Software Providers: We check if the casino partners with leading software providers known for their high-quality games and fair play standards.
    4. Payment Methods: We evaluate the range of payment options available, with a focus on cryptocurrencies for fast and secure transactions.
    5. Bonuses and Promotions: We analyze the bonuses and promotions offered, including no KYC policy, ensuring they are generous, fair, and beneficial to players.
    6. Customer Support: We test the responsiveness and helpfulness of the customer support team, preferring casinos that offer 24/7 support in multiple languages.
    7. User Reviews and Reputation: We consider player feedback and the casino’s reputation in the industry to ensure it has a track record of satisfied customers.

    By following this detailed selection process, we can confidently recommend JACKBIT as the best No KYC crypto casino for 2025.

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    A Gaming Paradise: 8,000+ Ways to Play

    JACKBIT casino is a true gaming paradise, offering over 7,000 games and potentially exceeding 8,000 with new releases. The game library is divided into several categories to cater to different player preferences:

    • Slots: With thousands of slot games, including classic three-reel slots, video slots, and progressive jackpots, players can enjoy a wide variety of themes and features. Popular titles include Rise of Olympus (96.5% RTP), Tasty Bonanza (21,100x max win), and Mega Moolah (progressive jackpot).
    • Table Games: JACKBIT offers a range of table games such as blackjack, roulette, baccarat, and poker, with multiple variants to choose from.
    • Live Dealer Games: For those who prefer a more immersive experience, JACKBIT provides over 250 live dealer games, including blackjack, roulette, baccarat, and game shows, powered by leading providers like Evolution Gaming and Pragmatic Play.
    • Sportsbook: The sportsbook at JACKBIT is comprehensive, covering over 140 sports, including soccer, basketball, tennis, and eSports, with thousands of live betting events every month.
    • Mini-Games and Crash Games: For quick and exciting gameplay, JACKBIT offers mini-games and crash games like Aviator and Plinko.

    This vast selection ensures that players have endless entertainment options, making JACKBIT a top choice for both casino and sports betting enthusiasts.

    Craps is a dice game that offers fast-paced action and a variety of betting options. At JACKBIT, players can enjoy both digital and live dealer versions of craps. The live dealer craps tables provide an authentic casino experience with professional dealers and real-time gameplay, appealing to players seeking the thrill of a physical casino from the comfort of their homes.

    • Live Dealer Games

    JACKBIT’s live dealer section is powered by top providers like Evolution Gaming and Pragmatic Play, offering over 250 games. Players can enjoy classics like live blackjack, roulette, and baccarat, as well as innovative game shows like Dream Catcher and Monopoly Live. The high-quality video streaming and professional dealers create an immersive atmosphere that rivals land-based casinos, making it a highlight for fans of the best no KYC crypto casinos.

    Poker enthusiasts will find a variety of options at JACKBIT, including Texas Hold’em, Caribbean Stud Poker, and Casino Hold’em. Both digital and live dealer poker games are available, catering to players of all skill levels. The live poker tables offer interaction with dealers and other players, adding to the excitement and making JACKBIT a best no KYC casino for poker fans.

    Roulette is a staple in any casino, and JACKBIT offers multiple variants, including European, American, and French Roulette. The live dealer roulette tables provide the thrill of watching the ball spin in real-time, with over 70 tables to choose from. This variety ensures that roulette enthusiasts have plenty of options at this anonymous online casino.

    Blackjack is one of the most popular casino games, and JACKBIT offers several variants, including Classic Blackjack, Multi-Hand Blackjack, and European Blackjack. The live dealer blackjack tables allow players to interact with dealers and make strategic decisions in real-time, enhancing the gaming experience at this best bitcoin casino.

    Slots make up the largest portion of JACKBIT’s game library, with thousands of titles to choose from. Players can enjoy a wide range of themes, from ancient civilizations to modern adventures, with features like bonus rounds, Free Spins, and progressive jackpots. Some popular slots include Book of Dead, Rise of Olympus, Tasty Bonanza, and Mega Moolah, making JACKBIT a haven for slot enthusiasts.

    Payment Options

    JACKBIT casino supports a wide range of payment methods to cater to different player preferences. Here’s a detailed list:

    Crypto Payment Methods:

    Payment Method Processing Time Fees
    Bitcoin (BTC) Instant None
    Ethereum (ETH) Instant None
    Tether (USDT) Instant None
    Ripple (XRP) Instant None
    Litecoin (LTC) Instant None
    Solana (SOL) Instant None
    Binance Coin (BNB) Instant None
    Cardano (ADA) Instant None
    Dogecoin (DOGE) Instant None
    USD Coin (USDC) Instant None
    Monero (XMR) Instant None
    Chainlink (LINK) Instant None
    Polygon (MATIC) Instant None
    Dai (DAI) Instant None
    Shiba Inu (SHIB) Instant None
    TRON (TRX) Instant None
    Bitcoin Cash (BCH) Instant None
    Binance USD (BUSD) Instant None
    Dash (DASH) Instant None
    Polkadot (DOT) Instant None
         

    Fiat Payment Methods:

    Payment Method Processing Time Fees
    Visa Instant (Deposits), 2-3 days (Withdrawals) Possible
    MasterCard Instant (Deposits), 2-3 days (Withdrawals) Possible
    Google Pay Instant (Deposits), 2-3 days (Withdrawals) Possible
    Apple Pay Instant (Deposits), 2-3 days (Withdrawals) Possible
    Bank Transfer 1-3 days (Deposits), 2-3 days (Withdrawals) Possible

    Players can also buy cryptocurrencies directly on the platform using credit/debit cards via integrated exchanges, making it convenient for those who don’t already own crypto. Crypto transactions are instant and fee-free, while fiat withdrawals may take 2-3 days and might incur minor fees depending on the provider.

    Customer Support

    JACKBIT offers 24/7 customer support to assist players with any queries or issues. Support is available via live chat and email (support@jackbit.com), with agents fluent in multiple languages, including English, German, French, Spanish, and Italian.

    The live chat feature allows for quick resolution of problems, while email support is available for more detailed inquiries. The casino also has a comprehensive FAQ section that addresses common questions, providing players with self-help resources.

    The Most Popular Payout Methods at JACKBIT Casinos

    Given JACKBIT’s focus on cryptocurrencies, the most popular payout methods are:

    1. Bitcoin (BTC): As the most widely recognized cryptocurrency, Bitcoin is a top choice for deposits and withdrawals due to its speed, security, and widespread acceptance.
    2. Ethereum (ETH): Ethereum is another popular choice, known for its fast transaction times and smart contract capabilities.
    3. Tether (USDT): As a stablecoin pegged to the US dollar, Tether offers stability and is often used for its low volatility.
    4. Litecoin (LTC): Litecoin is favored for its fast transaction confirmations and low fees.
    5. Visa/MasterCard: For players who prefer fiat methods, Visa and MasterCard are convenient options, though withdrawals may take longer.

    These methods are chosen for their reliability, speed, and security, making them the go-to options for JACKBIT players.

    Bonuses and Promotions at JACKBIT Casino

    JACKBIT casino offers a variety of bonuses and promotions to enhance the gaming experience for both new and existing players.

    Welcome Bonus

    New players are greeted with a generous welcome bonus:

    • 30% Rakeback
    • 100 First Deposit Free Spins
    • No KYC requirement

    Ongoing Promotions

    JACKBIT regularly updates its promotions to keep players engaged. Some of the ongoing promotions include:

    • Weekly Giveaways: Players can participate in weekly giveaways with prizes totaling $10,000 in cash and 10,000 Free Spins.
    • Pragmatic Drops & Wins: JACKBIT participates in Pragmatic Play’s Drops & Wins campaign, offering a €2,000,000 prize pool across various games.
    • VIP Rakeback Program: Loyal players can join the VIP club and enjoy rakeback percentages of up to 30%, depending on their VIP level.
    • Free Social Media Bonuses: Players can receive additional bonuses by engaging with JACKBIT on social media platforms.

    These promotions add extra value to the gaming experience, making JACKBIT an attractive choice for players looking for rewards and incentives.

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    Sportsbook at JACKBIT Casino

    In addition to its extensive casino game library, JACKBIT offers a top-tier sportsbook that caters to sports betting enthusiasts. The sportsbook covers over 140 sports, including popular ones like soccer, basketball, tennis, and eSports, as well as niche sports. With over 82,000 live monthly events and 75,000 pre-match monthly events, bettors have plenty of options to choose from.

    The platform provides competitive odds and a variety of betting types, ensuring that both casual bettors and seasoned punters find something to their liking. The user-friendly interface makes it easy to navigate through different sports and events, place bets, and manage bets in real-time.

    Regulation of the Best No KYC Crypto Casinos

    When considering the regulation of best no KYC crypto casinos like JACKBIT, several key points are important:

    • Licensing: Reputable no KYC crypto casinos are licensed by recognized regulatory bodies, such as the Curacao eGaming Commission. This ensures that the casino operates fairly and securely.
    • Privacy Policies: These casinos prioritize player privacy by not requiring KYC verification, but they must still comply with anti-money laundering (AML) and know your customer (KYC) regulations where applicable. They achieve this by monitoring transactions and ensuring compliance without collecting personal information.
    • Security Measures: Strong security protocols, including SSL encryption and two-factor authentication, are essential to protect player data and funds.
    • Fair Play: Regulated casinos use random number generators (RNGs) to ensure that games are fair and outcomes are random.
    • Responsible Gambling: They provide tools and resources for responsible gambling, such as self-exclusion options and links to support organizations.
    • Transparency: Casinos should be transparent about their terms and conditions, bonus policies, and any fees associated with transactions.

    By these regulatory standards, no KYC crypto casinos like JACKBIT provide a safe and trustworthy gaming environment for players who value their privacy.

    Additional Features of JACKBIT Casino

    Beyond its core offerings, JACKBIT provides several additional features that enhance the gaming experience:

    • Multi-Language Support: The platform supports multiple languages, including English, German, French, Spanish, and Italian, making it accessible to a global audience.
    • Mobile Optimization: While JACKBIT does not have a dedicated mobile app, its website is fully optimized for mobile devices, allowing players to enjoy gaming on smartphones and tablets.
    • Social Media Engagement: JACKBIT actively engages with its community on social media platforms, offering exclusive bonuses and promotions for followers.
    • Crypto Purchase Option: For players new to cryptocurrencies, JACKBIT offers the ability to buy crypto directly on the platform using credit/debit cards, simplifying the transition to crypto gaming.

    These features make JACKBIT a versatile and player-friendly platform, catering to a wide range of preferences and needs.

    In conclusion, JACKBIT casino stands out as the best no KYC crypto casino for 2025, offering a perfect blend of privacy, game variety, and fast payouts. Its no KYC policy ensures player anonymity, while its extensive game library and support for multiple cryptocurrencies cater to a wide range of players.

    The generous bonuses, 24/7 customer support, and user-friendly interface make it a top choice for both new and experienced gamblers. Whether you’re looking for slots, live dealer games, or sports betting, JACKBIT provides a secure and enjoyable gaming experience that sets the standard for new crypto casinos.

    Frequently Asked Questions

    1. Is JACKBIT a legitimate casino?
      Yes, JACKBIT is licensed by the Curacao eGaming Commission, ensuring it operates under strict regulatory standards.
    2. What cryptocurrencies does JACKBIT accept?
      JACKBIT supports over 20 cryptocurrencies, including Bitcoin, Ethereum, Tether, Ripple, Solana, and many more.
    3. Does JACKBIT require KYC verification?
      No, JACKBIT is a no-KYC casino, allowing players to sign up and play without submitting personal documents.
    4. What is the welcome bonus at JACKBIT?
      New players can claim a welcome bonus of 30% rakeback and 100 wager-free Free.
    5. How fast are withdrawals at JACKBIT?
      Crypto withdrawals are instant, while fiat withdrawals may take 2-3 days.
    6. What games can I play at JACKBIT?
      JACKBIT offers over 7,000 games, including slots, blackjack, roulette, poker, craps, live dealer games, and a sportsbook with 140+ sports.

    Email: support@jackbit.com

    Disclaimers and Affiliate Disclosure

    1. General Disclaimer
      This content is for informational purposes only and not legal or financial advice. Information is based on research available at the time of writing. Verify details independently before acting.
    2. Gambling Disclaimer
      Online gambling involves risk and may not be suitable for everyone. Ensure you meet the legal age and follow your local laws. We do not promote gambling, and participation is at your own risk. JACKBIT is a third-party site; we are not responsible for any issues.
    3. Affiliate Disclosure
      We may earn a commission through affiliate links at no extra cost to you. Our reviews remain unbiased, and we only recommend services we trust. Please do your own research before making any decisions.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d8824206-ee9d-41c4-a1d9-a0d7c5bbd0f7

    The MIL Network –

    April 25, 2025

  • MIL-OSI: Best Online Casinos Canada: 7Bit Casino Voted Top Casino Site for Canadian Players in 2025 (4.9/5)

    Source: GlobeNewswire (MIL-OSI)

    PORTLAND, Ore., April 24, 2025 (GLOBE NEWSWIRE) — With the rising number of Canadian players turning to online gaming platforms, the online casino market in Canada has seen an influx of sites offering real-money gambling. This surge in options has made it increasingly difficult for Canadian players to choose a reliable, high-quality platform that delivers both excitement and value.

    To help simplify your search, our team conducted in-depth research on the best online casinos in Canada, examining dozens of platforms. After thorough testing and comparison, 7Bit Casino emerged as a clear standout. With its strong focus on essential features like game variety, crypto-friendly payments, fast withdrawals, and rewarding bonuses, 7Bit Casino has rightfully earned its title as the best online casino for Canadian players in 2025.


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    Whether you’re spinning through a massive selection of slot games, hitting the tables for blackjack, or exploring the world of crypto gambling, 7Bit Casino offers a real-money gaming experience that’s hard to beat.

    In this review, we’ll break down exactly why 7Bit Casino is our top pick for Canadian players. We’ll cover what makes it our favourite real-money platform, its pros and cons, how to join, why it ranked number one, the types of games you can play, and the supported payment methods available.

    A Closer Look at the Best Online Casino Canada: 7Bit Casino

    7Bit Casino is a powerhouse in the online casino industry, offering features that resonate with Canadian players. With over 10,000 games, including slots, table games, and live dealer options, it caters to every gaming preference. The platform supports both fiat and cryptocurrency payments, ensuring flexibility for users.

    Licensed by the Curacao eGaming Commission, 7Bit guarantees a secure environment. Its mobile-friendly design mirrors the desktop experience, making it a top choice for new online casinos in Canada.

    Canadian players enjoy lightning-fast withdrawals, especially through pay ID casino options and crypto methods like Bitcoin and Ethereum. The welcome bonus- 325% up to 5.25 BTC plus 250 free spins a standout, giving players a head start. Frequent promotions, such as weekly cashback and Telegram offers, keep the excitement alive.

    For those seeking the best online casino Canada, 7Bit features allow discreet gameplay without compromising security.

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    Additional Features for Canadians

    7Bit Casino offers a VIP program tailored for loyal Canadian players, featuring tiered rewards like cashback, exclusive free spins, and personalized offers. The platform supports CAD natively, eliminating currency conversion fees. Tournaments, such as slot races and table game challenges, run weekly, offering cash prizes and free spins.

    The casino’s commitment to responsible gambling includes self-exclusion tools and deposit limits, ensuring a safe experience for Canadians exploring the best online casinos Canada.

    What We Like & What Could Be Better About 7Bit Casino

    Highlights:

    • Extensive Game Library: Over 10,000 games, including the best online pokies like Mega Moolah and Johnny Cash.
    • Generous Bonuses: A 325% welcome package and regular free spins promotions.
    • Fast Withdrawals: pay ID casino and crypto options ensure quick payouts.
    • Anonymous Online Casino: Ideal for players prioritizing privacy.
    • Mobile Compatibility: Seamless gaming on iOS and Android devices.
    • Frequent Promotions: Weekly cashback, daily offers, and Telegram bonuses.
    • VIP Program: Exclusive rewards for loyal Canadian players.

    Downsides:

    • High Wagering Requirements: Some bonuses have restrictive playthrough conditions.
    • Slower Bank Transfers: Compared to crypto or e-wallet options, bank transfers lag.
    • Limited Customer Support Hours: Live chat isn’t 24/7, which may inconvenience some players.

    Our Favourite Overall Casino in Canada

    7Bit Casino is our top pick for the best online casinos Canada in 2025, blending variety, security, and player-focused features. Its vast selection of games, from slots to live dealer tables, ensures endless entertainment. The anonymous online casino setup appeals to privacy-conscious Canadians, while the pay ID casino feature streamlines transactions.

    With a decade of industry experience, 7Bit’s reliability and innovation make it a standout among new online casinos, earning it a loyal Canadian fanbase. Its Canada-specific features, like Interac support and CAD transactions, solidify its position.

    How to Join 7Bit Casino

    Joining 7Bit Casino is a breeze for Canadian players looking to explore the best online casinos Canada. Follow these steps:

    1. Visit 7Bit Casino: Click here to be taken directly to the 7Bit Casino sign-up page.
    2. Register: Click “Sign Up” and enter your email, password, and preferred currency.
    3. Verify Your Account: Confirm your email via the link sent to your inbox.
    4. Claim the Welcome Bonus: Deposit to unlock the 325% bonus up to 5.25 BTC and 250 free spins.
    5. Start Playing: Dive into the best online pokies or table games.

    The process is quick, secure, and tailored for Canadians, making 7Bit a top choice for new online casinos.

    How to Choose a Safe and Legal Online Casino in Canada

    • Check Licensing: Ensure the casino is licensed by a reputable authority, such as the Curacao eGaming Commission (like 7Bit), Malta Gaming Authority, or iGaming Ontario. In Ontario, look for the iGaming Ontario logo.
    • Verify Security: Confirm the site uses SSL encryption to protect personal and financial data. Check for secure payment methods like Interac, Bitcoin, or Skrill.
    • Read Reviews: Research player reviews and expert analyses on trusted platforms to assess the casino’s reputation, payout reliability, and customer support.
    • Confirm Game Fairness: Choose casinos with games from reputable providers (e.g., NetEnt, Microgaming) and third-party audits (e.g., eCOGRA) to ensure fair play and high RTPs.
    • Check Payment Options: Opt for casinos offering Canada-friendly methods like Interac, CAD support, and fast withdrawals. Crypto options are a plus for anonymity.
    • Review Bonuses: Look for transparent bonus terms with reasonable wagering requirements. Avoid sites with overly restrictive conditions.
    • Ensure Responsible Gambling Tools: Safe casinos provide deposit limits, self-exclusion, and links to support organizations like Gamblers Anonymous.
    • Avoid Unlicensed Sites: Stick to provincially licensed platforms (e.g., PlayNow, Espacejeux) or reputable offshore casinos. Unlicensed sites risk fraud and lack recourse for disputes.

    How We Selected the Best Online Casino in Canada

    Choosing the best online casinos in Canada involves a rigorous evaluation process. Here’s how we crowned 7Bit Casino as the top pick for 2025:

    License and Security

    7Bit Casino operates under a Curacao eGaming license, ensuring compliance with international standards. It employs SSL encryption to protect player data, making it a secure choice for Canadians. As a best no KYC casino, it balances anonymity with robust security measures, appealing to those seeking an anonymous online casino.

    Bonuses and Promotions

    The welcome package- 325% up to 5.25 BTC plus 250 free spins is unmatched. Ongoing offers like weekly cashback (up to 20%), Monday reloads (25% up to 6.5 mBTC + 50 FS), and Telegram bonuses (50-111 FS) keep players engaged. These promotions make 7Bit a leader in the best online casinos Canada.

    Casino Games

    With over 10,000 games, 7Bit offers something for everyone. Canadians can enjoy the best online pokies, table games, and live dealer options. Popular titles include Mega Moolah, Raging Lion, and Snoop Dogg Dollars, ensuring variety and high RTPs.

    Casino Game Providers

    7Bit partners with top-tier providers like NetEnt, Microgaming, Pragmatic Play, and Evolution Gaming. These industry giants deliver high-quality graphics, immersive gameplay, and fair outcomes, solidifying 7Bit’s position among the Best Online Casinos in Canada.

    Banking Methods

    7Bit supports a wide range of payment options for Canadians, from fiat (Visa, Mastercard, Interac) to cryptocurrencies (Bitcoin, Litecoin, Ethereum). The pay ID casino feature ensures instant deposits and fast withdrawals, catering to modern players.

    Customer Support

    While not 24/7, 7Bit’s customer support is responsive via live chat and email. A comprehensive FAQ section addresses common queries, ensuring Canadians get timely assistance when exploring new online casinos.

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    How We Choose the Top-Rated Casino Sites in Canada

    Our selection process for the best online casinos in Canada prioritizes player experience, safety, and value. We evaluate licensing, game variety, payment speed, and bonus fairness. 7Bit excels in these areas, offering a secure platform, diverse games, and rapid payouts. Its anonymous online casino features and pay ID casino options align with Canadian preferences, making it a top contender in 2025.

    Follow these key steps to ensure you’re choosing a trustworthy platform that prioritizes your safety, provides fair play, and offers a great gaming experience.

    The Selection Process: Defining Excellence in Online Gaming

    To define excellence, we assess:

    • Licensing: Valid credentials from reputable authorities like Curacao eGaming.
    • Game Quality: High RTPs, diverse genres, and top providers.
    • Bonuses: Generous offers with reasonable terms.
    • Payments: Fast, secure, and Canada-friendly methods.
    • Support: Accessible and efficient customer service.

    7Bit Casino meets these criteria, earning its place among the best online casinos in Canada.

    Best Online Casino Games for Canadian Players

    7Bit Casino boasts over 10,000 games, though some sources cite 8,000+ available in Canada due to regional restrictions. This vast library includes:

    • Slots: From classics like Johnny Cash to progressive jackpots like Mega Moolah, 7Bit offers the best online pokies for Canadians.
    • Table Games: Blackjack, roulette, poker, and craps cater to strategy enthusiasts.
    • Live Dealer Games: Evolution Gaming powers immersive experiences with real-time dealers.
    • Instant Wins: Scratch cards and quick-play games for casual fun.
    • Progressive Jackpots: Games like Divine Fortune offer massive payouts.
    • Exclusive Titles: 7Bit CasinoMillion and 7Bit Bonanza are unique to the platform.

    This diversity, combined with regular game updates, makes 7Bit a gaming paradise and a top pick for new online casinos.

    Craps

    Craps at 7Bit Casino is a hit among Canadian players, offering fast-paced dice action. Powered by providers like Betsoft, the game features high-quality graphics and customizable betting options. Both standard and live dealer versions are available, ensuring variety for fans of this classic table game. Canadians can bet as low as CAD 0.50, making it accessible.

    Live Dealer Games

    Evolution Gaming and Pragmatic Play power 7Bit’s live dealer section, a highlight of the best online casinos Canada. Canadian players can enjoy:

    • Live Blackjack: Multiple tables with stakes from CAD 1 to CAD 5,000.
    • Live Roulette: European, American, and French variants.
    • Live Poker: Texas Hold’em and Caribbean Stud.
    • Live Baccarat: Classic and speed versions.
    • Game Shows: Titles like Crazy Time and Monopoly Live add fun.

    The immersive experience, with HD streaming and professional dealers, rivals land-based casinos.

    Poker

    Poker enthusiasts will find a robust selection at 7Bit Casino, including video poker (Jacks or Better, Deuces Wild) and live poker tables. Tournaments and cash games cater to all skill levels, with buy-ins starting at CAD 1. Weekly poker leaderboards offer cash prizes, making 7Bit a top choice for Canadians seeking new online casinos with strong poker offerings.

    Roulette

    7Bit’s roulette games include European, American, and French variants, available in RNG and live dealer formats. With bets starting at CAD 0.10, it’s accessible for all budgets. The best online pokies may dominate, but roulette’s strategic depth keeps players engaged, with live tables offering real-time excitement.

    Blackjack

    Blackjack at 7Bit is a staple, with over 50 variants like Classic, European, and Multihand. Live dealer tables offer real-time thrills, while low-stake options (starting at CAD 0.50) suit casual players. High rollers can access VIP tables with bets up to CAD 10,000, reinforcing 7Bit’s status as the best online casinos Canada.

    Slots

    Slots are 7Bit’s crown jewel, with over 8,000 titles available in Canada. Popular games include:

    • Mega Moolah: Progressive jackpot with life-changing payouts.
    • Johnny Cash: High-RTP slot with engaging themes.
    • Snoop Dogg Dollars: Modern, music-themed slot with free spins.
    • 7Bit CasinoMillion: Exclusive title with unique bonus features.

    The best online pokies at 7Bit feature high RTPs (up to 98%) and frequent bonus rounds, making them a draw for Canadian players. Regular slot tournaments offer cash prizes and free spins, enhancing the experience.

    Payment Options

    7Bit Casino offers a comprehensive range of payment methods for Canadian players, ensuring flexibility and speed. Below is a detailed list of options available in Canada, based on the uploaded document and web research:

    Fiat Currency Methods

    • Visa: Deposits are instant; withdrawals take 1-3 days.
    • Mastercard: Instant deposits; withdrawals in 1-3 days.
    • Interac: Instant deposits and withdrawals (1-24 hours). A favorite for Canadians due to its local integration.
    • Neosurf: Prepaid vouchers for instant deposits. Not available for withdrawals.
    • Skrill: Instant deposits and withdrawals (1-24 hours).
    • Neteller: Instant deposits; withdrawals in 1-24 hours.
    • PaysafeCard: Instant deposits via prepaid cards. Not available for withdrawals.
    • Bank Transfer: Deposits take 1-3 days; withdrawals take 3-5 days. Lower but reliable.

    Cryptocurrency Methods

    • Bitcoin (BTC): Instant deposits and withdrawals (within 10 minutes). Minimum deposit: 0.0001 BTC.
    • Litecoin (LTC): Instant transactions. Minimum deposit: 0.01 LTC.
    • Ethereum (ETH): Instant deposits and withdrawals. Minimum deposit: 0.01 ETH.
    • Dogecoin (DOGE): Instant transactions. Minimum deposit: 1 DOGE.
    • Binance Coin (BNB): Instant deposits and withdrawals. Minimum deposit: 0.01 BNB.

    The pay ID casino feature, integrated with Interac and crypto options, ensures seamless transactions. Cryptocurrencies are ideal for Canadians seeking the best no KYC casino, offering anonymity and speed. All methods support CAD, eliminating currency conversion fees. 7Bit Casino also imposes no withdrawal limits for crypto, a major plus for high rollers.

    Customer Support

    7Bit Casino provides reliable customer support for Canadian players, though it’s not 24/7. Options include:

    • Live Chat: Available during business hours (typically 9 AM–11 PM EST). Response time: 1-2 minutes.
    • Email: Support@7bitcasino.com, with responses within 24 hours.
    • FAQ Section: Covers account setup, bonuses, and payments.
    • Social Media: 7Bit responds to queries via Telegram, enhancing accessibility.

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    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7aa54c09-abc4-4721-accb-22abc8d4b0d8

    The MIL Network –

    April 25, 2025

  • MIL-OSI United Kingdom: Major carbon capture project to deliver jobs and growth

    Source: United Kingdom – Government Statements

    Press release

    Major carbon capture project to deliver jobs and growth

    Thousands of jobs created as major carbon capture and storage network is ready for construction – boosting energy security and the government’s Plan for Change.

    • Plan for Change delivers 2,000 skilled jobs to build major carbon capture network driving growth and reducing emissions in industrial heartlands
    • clean energy to be hardwired into national planning rules to attract investment, give certainty and boost mission to become a clean energy superpower
    • comes as UK-led Global Clean Power Alliance announces its next mission to diversify clean energy supply chains by unblocking bottlenecks and boosting global manufacturing capacity

    British families and businesses will be more energy secure as a major carbon capture and storage network is now ready for construction – supporting 2,000 jobs through the Plan for Change. 

    Launching this new industry for Britain provides a major boost for heavy industry – part of the government’s commitment to backing British manufacturing.

    Energy company Eni have today (24 April 2025) finalised a major deal with government which will see them award around £2 billion in supply chain contracts for their Liverpool Bay Carbon Capture and Storage Project, spanning North Wales and the North West of England. 

    Today’s deal delivers on a commitment made by the Prime Minister and Energy Secretary in October, to develop a world leading carbon capture industry – backed by £21.7 billion – reigniting industrial heartlands across the country and kickstarting growth in manufacturing communities. 

    This announcement comes as the North Sea Transition Authority (NSTA) awards three carbon storage permits to Eni for its Liverpool Bay CCS project.

    It will create a network of clean infrastructure, decarbonising industries like energy from waste, hydrogen and cement production – whilst backing highly skilled jobs in construction and enabling future generation of low carbon power.  

    Alongside this, the government has set out further planning reforms to provide certainty and clarity for developers on the importance of clean power projects, such as solar, onshore and offshore wind and nuclear, when making decisions on energy infrastructure of critical national priority. 

    Previously where policy, legislation and guidance left room for doubt, planners and decision-takers have adopted a cautious approach to consenting clean energy infrastructure, leading to lengthy paperwork and red tape blocking decisions, hindering Britain’s energy security. 

    Changes will streamline the planning system and get Britain building by giving developers clarity on what is needed for their clean power project to succeed. By putting clean power by 2030 at the heart of planning policy, the government is backing industry, removing delays and getting clean energy projects built quicker.

    Prime Minister Keir Starmer said: 

    Our Plan for Change is working – we said we’d deliver jobs and growth through carbon capture technology, and now we have. Shovels ready for the ground, supporting over 2,000 new jobs and supporting thousands more, transforming the lives of hard-working people.

    Energy Secretary Ed Miliband said:  

    Today we keep our promise to launch a whole new clean energy industry for our country – carbon capture and storage – to deliver thousands of highly skilled jobs and revitalise our industrial communities. 

    We are making the UK energy secure and backing our engineers, electricians and welders so we can protect families and businesses and drive jobs through our Plan for Change.

    Chancellor of the Exchequer, Rachel Reeves, said:

    We promised to revitalise our nation’s industrial heartlands, create good jobs, make Britain a clean energy superpower and grow our economy to put more money in working people’s pockets.

    This deal is another example of us delivering on those promises with thousands of new jobs created, our energy security strengthened, and our industries decarbonised with a game-changing technology – our Plan for Change in action.

    Eni CEO Claudio Descalzi said:  

    The strategic agreement with the UK government paves the way for the industrial-scale development of CCS, a sector in which the United Kingdom reaffirms its leadership thanks to the promotion of a regulatory framework that aims to strengthen the development of CCS and make it fully competitive in the market.  

    Eni has established itself as a leading operator in the UK thanks to its key role in CO2 transport and storage activities as the leader of the HyNet Consortium, which will become one of the first low-carbon clusters in the world. 

    Stuart Payne, Chief Executive of the North Sea Transition Authority, said:  

    We have taken another major step on the way to turning this country’s ambitions for carbon storage into reality. It’s been a collaborative mission and demonstrates the way that we must all work together in unlocking the UK’s vast potential to tackle climate change and deliver energy security.

    The Prime Minister confirmed the deal today in a speech at the Future of Energy Security Summit – hosted by the UK government and International Energy Agency. Ministers and business leaders from around the world gathered in London, including the President of the EU Commission Ursula von der Leyen, as countries take action to protect themselves from future energy shocks in these unstable times.

    At the summit the government also established a new mission focused on strengthening global supply chains through the UK-led Global Clean Power Alliance (GCPA). The GCPA will bring together the Global North and South – drawing on and sharing the UK’s world-leading experience of pursuing Clean Power by 2030 to speed up the global clean energy transition.  

    Foreign Secretary David Lammy said:

    This week’s Summit is a critical opportunity to make progress on international energy security.

    We’re working with partners through our Global Clean Power Alliance (GCPA) to accelerate global clean energy, which promises to bring growth, jobs and lower bills to the UK. As the Prime Minister has set out today, the GCPA will next focus on assuring reliable, low-cost clean energy supply chains. In a more uncertain world, cooperation across the Global North and South will be essential to deliver this.

    The supply chain mission will bring countries together to diversify clean energy supply chains, drive investment into renewables and address bottlenecks. Working with other countries will not only help to secure and diversify clean energy of the future, but provide new growth opportunities across our countries and relevant supply chains; from critical mineral processing to strengthening manufacturing and industrial partnerships.
     
    The rapid drop in the price of renewables is driving strong growth in clean energy around the world. In 2024, 80% of growth in global electricity generation was provided by renewables and nuclear. The UK alone has already attracted £43.7 billion of private sector investment announcements in clean energy since July. 

    Notes to editors 

    CCUS is a proven technology that captures carbon dioxide emissions before they reach the atmosphere – storing them safely and permanently deep beneath the seabed and preventing their contribution to the climate crisis. 

    Today’s announcement delivers on the commitment made by the Prime Minster in October where £21.7 billion was allocated to kickstart the UK’s carbon capture industry. The signing of contracts for Hynet means the UK’s second carbon capture network is now shovel ready. 

    The Climate Change Committee describes CCUS as a “necessity, not an option” to achieving net zero by 2050. 

    Eni is the operator of the Transport and Storage network of Hynet, through its Liverpool Bay CCS project, which will transport captured CO2 from industrial sites and bury it deep beneath the seabed.  

    It means that now both government-backed carbon capture projects have reached final investment decisions, after the East Coast Cluster in Teesside reached the same milestone in December.  

    The consultations on the National Policy Statements for energy will run from 24 April to 29 May.

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    Published 24 April 2025

    MIL OSI United Kingdom –

    April 25, 2025

  • MIL-OSI China: Innovation fuels high-quality development of China’s private enterprises

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

    BEIJING, April 24 — Chinese private enterprises have embarked on a high-quality development path driven by strong innovation capabilities spanning various sectors, experts and entrepreneurs said during the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency.

    Private enterprises and entrepreneurs are stepping up efforts to promote the integration of scientific and technological innovation and industrial innovation, said Liu Min, deputy head of the private economy development bureau under the National Development and Reform Commission.

    Traditional industries are constantly evolving toward high-end, intelligent and green development, she said. Strategic emerging industries such as artificial intelligence (AI), robots, commercial aerospace and biomedicine, as well as the cultural industry, are seeing innovative achievements sprout — with expanding application scenarios and a growing market, she noted.

    Official data shows that the output of industrial robots and service robots, a relatively high proportion of which are produced by private enterprises, surged by 26 percent and 20 percent, respectively, year on year in the first three months of 2025.

    “The private economy is at the forefront of science and technology innovation,” said Zhu Min, a member of the Senior Expert Advisory Committee of the China Center for International Economic Exchanges. He cited examples such as electric vehicles, lithium-ion batteries and photovoltaic products — all sectors where private enterprises play a leading role.

    Noting that China has high expectations regarding the role of AI-related private enterprises in its technological advancement, Tan Limin, president of WestWell, an autonomous-driving developer, said his company is determined to achieve more in scientific and technological innovation.

    He expressed the hope that the benefits of technological advancements will reach every part of the country.

    MIL OSI China News –

    April 25, 2025

  • MIL-OSI: TRESU Investment Holding A/S – Announcement of Q4 2024 Interim Report

    Source: GlobeNewswire (MIL-OSI)

    TRESU INVESTMENT HOLDING A/S
    ANNOUNCEMENT NO. 04.2025
    24.04.2025

    TRESU Investment Holding A/S – Announcement of Q4 2024 Interim Report

    Tresu Investment Holding A/S today publishes the Q4 2024 Interim Report and presentation of the financial results.

    According to our financial calendar the Annual Report will be published April 30th, 2025, together with an invitation for a financial results call.

    Stephan plenz
    CEO, TRESU

    For further details, please contact:
    CEO, Stephan Plenz, phone: +45 2194 5480
    CFO, Torben Børsting, phone: +45 5130 2780

    Attachments:

    TRESU Investment Holding AS interim report 2024 Q4

    Quarterly reporting – 2024 Q4

    Attachments

    • Tresu Investment Holding interim report 2024 Q4
    • Quarterly reporting – 2024 Q4

    The MIL Network –

    April 25, 2025

  • MIL-OSI United Kingdom: Wouldn’t it be nice to have less congestion in York?

    Source: City of York

    City of York Council has today unveiled a new video starring eight York residents, business owners and students and poses a question – wouldn’t it be nice to have less congestion in York?

    The video opens with each person telling us about their experiences of transport in York, before going on to explain what the Council is doing about these issues.

    The first of two films to communicate the new Local Transport Strategy (LTS), which was adopted in 2024, this video highlights findings from the public consultation on the LTS. It also shows how this year alone £10m of nationally allocated, ringfenced funding is being invested in resurfacing pavements, roads and pathways; lighting; real-time bus information; a barrier removal programme, and delivering on our adopted Local Cycling and Walking Infrastructure Plan (LCWIP).

    The video will be followed in the coming weeks by a public consultation on improvements to the Park and Ride sites including accessible EV charging bays, new toilets (including Changing Spaces facilities), overnight parking facilities, plus better signage, lighting and integrated transport options.

    Councillor Kate Ravilious, Executive Member for Transport at City of York Council, said “Not only does this video show the wonderful diversity of people and transport options we have across York, but the very real impacts that transport has on all our lives, and the reasons why we are working hard to improve options for how people move around. 

    I hope all residents can see a little of themselves across the eight stories, and I’m looking forward to unveiling some of our new plans as well as updating everyone on all the great work our teams are doing to make York a healthier, more sustainable and better-connected city.

    I’d like to thank the eight residents and businesses, as well as the venues used for filming, plus the highways and transport teams who helped coordinate all the elements of filming.”

    The eight residents represent the following issues, and how we are resolving them:

    • A woman bus driver who asks “Wouldn’t it be nice to have less traffic in York?” – our on-going work to make buses more accessible, promote bus use and lower the cost of bus travel for young people has already helped to reduce the number of cars on the road, freeing up road space for those whose journeys are essential.
    • A university student who uses a wheelchair and whose route is blocked by steel barriers – our barrier removal programme will begin in Spring and make dozens of pathways accessible again
    • An older woman who isn’t online so can’t check bus times before she leaves the house – our bus team have improved over 200 elements at bus stops, including real time information screens, better shelters, lighting and seating
    • A college student who doesn’t have buses running to their village – we work with each of the six bus operators in York to help subsidise existing services, and continue to work with the Mayor of York and North Yorkshire to ensure financial support for bus services offers better travel options for residents and businesses
    • A woman runner who has to choose different routes depending on lighting and personal safety considerations – our lighting teams have been installing new LED lights across the city, and will deliver future improvements at the Jubilee Terrace to Scarborough Bridge Riverside Path (where the runner was filmed)
    • A woman who uses an adapted cycle and would like to explore more of York – our LCWIP will help us create a more joined up and accessible cycle network, as well as increasing the number of accessible cycle parking spaces in the city centre. To further improve access for disabled residents, we have been increasing the number of Blue Badge holder bays across York
    • A business owner who explains the issues his delivery drivers face, with congestion causing problems for businesses. By encouraging more people to use public transport and travel by wheeling and walking, we aim to reduce the level of congestion in the city and miles travelled by vehicles by 20% by 2030
    • And a young person who just loves riding their cycle but faces a lot of traffic. By encouraging more people to leave the car at home where they can, we are creating better environments for people of all ages

    The video is available on YouTube

    Notes to editors:

    Filming took place in Fulford, Naburn and Acomb, as well as on Nunnery Lane, Walmgate Stray, Millennium Bridge, Blossom St, The Mount and Riverside Path and at York College and at Middleton’s Hotel.

    In addition to the people featured in the film and the lining, lighting, road maintenance, communities teams within CYC, our thanks go to York College, Transdev, Get Cycling CIC, Middleton’s Hotel and to York based videographer, Paul Richardson.

    MIL OSI United Kingdom –

    April 25, 2025

  • MIL-OSI: D.O.G.E Foundation Announces New Blockchain and Opens Seed Round to Tackle Scalability Crisis

    Source: GlobeNewswire (MIL-OSI)

    SAO PAIO DE OLEIROS, Portugal, April 24, 2025 (GLOBE NEWSWIRE) — The D.O.G.E Foundation is officially announcing the development of a new blockchain architecture and the launch of its seed funding round. Designed to overcome the scalability crisis facing Web3, the project offers a ground-up rebuild of blockchain infrastructure — addressing the performance, decentralization, and reliability issues that have stalled mass adoption. While early promises of decentralization and accessibility sparked global excitement, today’s reality tells a different story: overloaded networks, exorbitant fees, and scaling limitations continue to block true growth. Ethereum struggled under growing demand, Bitcoin proved too rigid, and Solana buckled under pressure. Recognizing the need for deeper change, the D.O.G.E Foundation is stepping forward with a new approach — because if tech slows you down, it’s time to change the tech.

    The Problem: Blockchains Built for the Past

    We started with a simple question: what kind of network can keep up with the speed of the modern internet? That was our starting point. Not an upgrade. Not an improvement. A full rebuild — from scratch, with no shortcuts.

    The idea didn’t come from theory — it came from experience. One of our engineers, with a background in Qualcomm technologies, recognized early on that Web3 could reshape the internet. But everything hit the same wall: scale. None of the current networks could deliver the speed and reliability needed for real-time games, DeFi protocols, AI-driven systems, or autonomous applications.

    We thoroughly studied why Solana broke. Speed is important, but it should never come at the cost of stability. Solana ran into architectural vulnerabilities: congestion, outages, and reliance on a narrow group of validators. We didn’t just take note of these issues — we deliberately designed a system to avoid them.

    Scalable by Design, Not by Patchwork

    From day one, we had one goal: build a network that handles tons of transactions fast, while staying secure and decentralized. We’re not trying to outperform Solana by numbers alone — we’re taking a fundamentally different path. This isn’t about benchmarks in a testnet. It’s about building a system that performs in the real world — and keeps up as demand grows.

    The way we approach architecture is simple: keep roles clearly separated, avoid unnecessary bottlenecks. We’re developing a modular system where validation and execution work independently. That separation helps us process transactions in parallel, without sacrificing resilience or security.

    Solving What Others Can’t

    The use cases that inspire us aren’t theoretical. They’re real-world problems that existing chains fail to solve:
    • Real-time games with a large number of concurrent players
    • DeFi protocols that stay stable under peak load
    • Infrastructure for AI agents making on-the-fly decisions
    • Autonomous systems that need dependable, stable coordination

    The project is currently in active development. We’re not building a showcase. We’re laying a foundation — a blockchain you can depend on when real value and real users are on the line.

    Our Seed Round is Now Open

    We’re not here to make noise. We’re building an architecture where scalability, reliability, and real-world utility come first. Development is underway. We have a clear technical strategy, a deep understanding of the market, and insights gained from analyzing the failures of previous networks. Now, we’re looking for partners who share this vision — and are ready to invest in foundations, not fads.

    Official Links for D.O.G.E (Doge Altcoin):

    Telegram — https://t.me/Doge_AltCoin
    Twitter (X) — https://x.com/Doge_Altcoin
    Website — https://dogealtcoin.com
    General Private Sale — https://dogealtcoin.com/dashboard/private-sale

    Contact Details:
    DEBNATH GUHAROY
    Senior Marketing Manager
    invest@dogealtcoin.com

    Disclaimer: This is a paid post and is provided by D.O.G.E Foundation. 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/db030170-95c0-4de8-87d7-7c608547f2ae

    The MIL Network –

    April 25, 2025

  • MIL-OSI USA: U.S. Chamber, Quad Cities Chamber Host Miller-Meeks for Roundtable on Tax Reform

    Source: United States House of Representatives – Representative Mariannette Miller-Meeks’ (IA-02)

    DAVENPORT – Today, the U.S. Chamber of Commerce and the Quad Cities Chamber of Commerce hosted Congresswoman Mariannette Miller-Meeks (R-IA) for a roundtable discussion in Davenport, Iowa with local business leaders on the need to extend pro-growth business tax provisions before portions of President Trump’s 2017 Tax Cuts and Jobs Act (TCJA) expire at the end of the year. Doing so will create new opportunities for American workers and businesses to thrive.

    Absent Congressional action, the country will see the largest automatic tax increase in American history. Miller-Meeks is on the frontlines, working to ensure that the constituents of the 1st District of Iowa will not face this massive tax increase at the end of 2025.

    “I was delighted to be with local business owners as we advocate together for an extension of the Tax Cuts and Jobs Act,” said Miller-Meeks. “Starting in 2026, failure to extend these tax cuts would be a devastating 25% average tax hike on Iowa families, farmers, and small businesses, the backbone of our economy and community. Thank you to the U.S. Chamber of Commerce for being an advocate for our small businesses. Together, we will continue to champion policies that foster growth, and help southeast Iowa thrive!”

    “With congress passing budget language earlier this month, the hard work of developing a tax package that avoids a historic tax hike on small business is underway”, said Peter Tokar III, President and CEO of the Quad Cities Chamber of Commerce. “We are proud to work with Congresswoman Miller-Meeks and are thankful for her support of common-sense pro-growth, pro-business tax policy that ensures small businesses can do what they do best, run their business and invest in their employees.” 

    The U.S. Chamber’s tax roundtables and business tour are the latest effort in its Growing America’s Future campaign, an education and advocacy blitz in support of maintaining a pro-growth tax code to foster a robust U.S. economy that benefits all Americans. These events will continue over the coming months in communities across the country.

    ###

    MIL OSI USA News –

    April 25, 2025

  • MIL-OSI Security: INTERPOL makes DNA profiling more accessible for crime investigators

    Source: Interpol (news and events)

    6 November 2001

    The INTERPOL handbook on DNA data exchange and practice, available also on INTERPOL’s web site, has met with success in the law enforcement world. The International DNA Users’ Conference for Investigative Officers, opening on Wednesday (7 Nov.) at INTERPOL’s Headquarters in Lyon, France, will be told of a record high number of web hits for down loading the handbook alone.

    Over the recent years, DNA profiling has become a cutting-edge crime investigation technique. With its capability to implicate or eliminate, DNA profiling offers investigators a powerful new tool as they seek to unravel criminal cases. DNA profiling is therefore a vital addition to the techniques traditionally available to investigators. Linked criminal strategies can be analysed and new criminal phenomena recognised, resulting in more effective police management and corresponding savings in human, material and financial resources.

    ‘DNA profiling is one of the most efficient techniques for identifying individuals suspected of crime. It is perhaps one of the most significant developments in the ability of the police to detect crime from evidence left at the scene, and a crucial weapon in combating those crimes of a violent or sexual nature’, says INTERPOL’s chief Ronald K. Noble.

    The INTERPOL DNA Handbook was produced by the DNA unit at INTERPOL’s headquarters and the organisation’s DNA advisory expert group. It is primarily directed at law enforcement officers with the aim of giving them a clearer understanding of DNA techniques and practices. The handbook is currently being translated into French, Spanish, Arabic, Chinese and German.

    ‘I would recommend this handbook to all law enforcement officers dealing with DNA matters’, says Secretary General Noble.

    MIL Security OSI –

    April 25, 2025

  • MIL-OSI: CORRECTION: Boralex will release its 2025 first quarter financial results on May 14, at 9 a.m.

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, April 24, 2025 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2025 first quarter results will take place on Wednesday, May 14, 2025, at 9 a.m. (previously announced at 9:30 a.m.).

    Financial analysts and investors are invited to attend a conference call during which the financial results will be presented.

    Date and time

    Wednesday, May 14, 2025, at 9 a.m. ET

    To attend the conference

    Webcast link: https://edge.media-server.com/mmc/p/3nwdfvm2 

    To attend the event by phone: Click here to register for the earnings call. Once you have completed your registration, you will receive a confirmation email containing the link and your personal PIN to connect to the call. If you lose this link and your PIN, you will be able to register again. You must register if you wish to attend the call by phone.

    Media and other interested individuals are invited to listen to the conference and view a presentation which will be broadcasted live and on a deferred basis on Boralex’s website at www.boralex.com. A full replay will also be available on Boralex’s website until May 14, 2026.

    The financial information will be released through a press release and on Boralex’s website on May 14, 2025, at 7 a.m.

    About Boralex

    At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3.1 GW. Our pipeline of projects and growth path total over 78GW in wind, solar and electricity storage projects. We develop those projects guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.  

    For more information, visit boralex.com or sedarplus.com. Follow us on Facebook, LinkedIn and Instagram.  

    For more information

    MEDIA INVESTOR RELATIONS
    Camille Laventure
    Senior Advisor, Public Affairs and External Communications

    Boralex Inc.

    438-883-8580
    camille.laventure@boralex.com

    		 Stéphane Milot
    Vice President, Investor Relations and Financial Planning and Analysis

    Boralex Inc.

    514-213-1045
    stephane.milot@boralex.com

    Source: Boralex inc.        

    The MIL Network –

    April 25, 2025

  • MIL-OSI: Golden State is Recognized as One of USA Today’s Best Financial Advisory Firms for the Third Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    SOUTH COAST METRO, Calif., April 24, 2025 (GLOBE NEWSWIRE) — Golden State is proud to announce that it has once again been recognized by USA Today as one of America’s Best Financial Advisory Firms for 2025—marking the third year in a row the firm has received this prestigious distinction.

    The USA Today ranking, developed in partnership with Statista, honors the top registered investment advisory firms across the country based on client satisfaction, peer recommendations, and assets under management. Golden State’s continued presence on this list is a testament to its unwavering commitment to serving financial advisors and their clients with excellence, integrity, and innovation.

    “We are incredibly honored to be recognized by USA Today for the third consecutive year,” said John Nahas, Founder and Chief Executive Officer of Golden State. “This award reflects the hard work of our team, the trust of our advisors, and the strength of the platform we’ve built. Our goal remains the same—to deliver meaningful value, personalized support, and scalable solutions that help our advisors thrive.”

    With over a decade of experience supporting independent advisors, Golden State provides a full suite of services including compliance oversight, marketing and technology support, an internal asset management program, and transition resources to ensure success at every stage of an advisor’s business.

    About Golden State
    Golden State is a multi-custodial registered investment adviser with the U.S. Securities and Exchange Commission that is headquartered in South Coast Metro, California, with offices across the country. Through its affiliated companies—Golden State Wealth Management, Golden State Equity Partners, and Golden State Asset Management—the firm empowers independent financial professionals with the tools, technology, and support they need to grow and manage successful practices. Serving over $4 billion in Assets Under Care1, Golden State is committed to creating an atmosphere that benefits both advisors and their investors. For more information, visit www.teamgoldenstate.com.

    1. SEC filing as of March 31, 2025; Golden State.

    Media Inquiries:
    Jennifer Nahas
    jennifer.nahas@teamgoldenstate.com

    The MIL Network –

    April 25, 2025

  • MIL-OSI: E.F. Hutton Names Industry Veteran Aaron Gadouas as Senior Managing Director

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) — E.F. Hutton & Co., the recently relaunched investment firm, has named Aaron Gadouas as the firm’s newest Senior Managing Director. Gadouas will be working alongside Chief Executive Officer Joseph T. Rallo and President Duncan B. Swanston as the firm continues its focus on delivering for clients across equity and debt markets.

    Gadouas brings over three decades of experience in investment banking and capital markets to the firm, including expertise across a wide range of industries and financing structures. Over the course of his career, he has provided capital solutions and strategic advice for clients in industries including renewable energy and sustainable infrastructure, controlled environment agriculture, residential and commercial real estate, equipment leasing and specialty finance and insurance.

    “I’m thrilled to join E.F. Hutton during this exciting period of growth,” said Senior Managing Director Aaron Z. Gadouas. “I’m eager to collaborate with this outstanding executive team to broaden our global reach in private credit and offer valuable solutions to clients across structured finance.”

    Aaron has a history of developing and identifying creative financing solutions. He pioneered the first securitization of church mortgage loans in the United States. He has also formulated ways to monetize and leverage insurance products and other credit enhancements.

    “We are thrilled to announce Aaron Gadouas is joining our firm as a Senior Managing Director. He brings a wealth of knowledge to the company, decades of experience in investment banking and a deep knowledge of debt markets. I am looking forward to working with him to expand our offerings to deliver the best solutions to our clients,” said E.F. Hutton Chief Executive Officer Joseph T. Rallo.

    Before joining E.F. Hutton, Gadouas was a Managing Director at B.C. Ziegler and Company and Co-head of the firm’s project and structured finance practice. He has also held positions at ABN AMRO Global Capital Markets, where he was responsible for the origination and execution of tax-advantaged structured products, and Drexel Burnham Lambert, where he focused on municipal finance.

    Gadouas graduated from Cornell University with a Bachelor’s in Economics. He received an MBA from Kellogg Graduate School of Management at Northwestern University and holds General Securities Registered Representative Series 7, 52 and 63 licenses.

    ABOUT E.F. HUTTON
    E.F. Hutton & Co. is a broker-dealer that provides advisory and financing solutions to a variety of clients including corporates, sponsors, and public-private partnerships. The Executive Team at E.F. Hutton & Co. has a proven track record of providing unwavering strategic advice to clients across the globe, including the US, Asia, Europe, UAE, and Latin America.

    For more information visit efhutton.com.

    Contact: efhutton@orchestraco.com

    The MIL Network –

    April 25, 2025

  • MIL-OSI: Main Street Financial Services Corp. Announces Earnings for First Quarter of 2025

    Source: GlobeNewswire (MIL-OSI)

    Business Highlights

    • Net income for the first quarter of 2025 totaled $3.6 million, or $0.47 per common share
    • Deposit growth of $28.3 million, or 9.8% annualized, for the quarter ended March 31, 2025
    • Loan growth of $17.8 million, or 6.4% annualized, for the quarter ended March 31, 2025
    • Continued reduction of wholesale funding by $31 million during the first quarter of 2025. The wholesale funding balance decreased to $69 million, or 4.8% of assets, as of March 31, 2025.
    • Declared cash dividend of $0.14 per share on April 11, 2025

    WOOSTER, Ohio, April 24, 2025 (GLOBE NEWSWIRE) — Main Street Financial Services Corp. (OTCQX: MSWV), (the “Company”), the holding company parent of Main Street Bank Corp. reported a net income of $3.6 million, or $0.47 per common share, for the three months ended March 31, 2025. The return on average equity and return on average assets for the first quarter of 2025 was 13.27% and 1.03%, compared to 12.94% and 0.86%, for the first quarter of 2024 with merger costs excluded.

    The Company announced a merger of equals transaction with Wayne Savings Bancshares, Inc. (“Legacy Wayne”) on February 23, 2023. On May 31, 2024 (the “Merger Date”), the Company completed the transaction, forming a financial holding company with assets of $1.4 billion. On the Merger Date, Legacy Wayne merged with and into Main Street, with Main Street surviving the merger (the “Merger”). Immediately following the Merger, Main Street’s wholly owned bank subsidiary, Main Street Bank Corp., merged with and into Wayne Savings Community Bank, with Wayne Savings Community Bank surviving the merger. Upon completion of the Merger, Wayne Savings Community Bank was renamed Main Street Bank Corp.

    The Merger was accounted for as a reverse merger using the acquisition method of accounting, therefore, Legacy Wayne was deemed the acquirer for financial reporting purposes, even though Main Street was the legal acquirer. Accordingly, Legacy Wayne’s historical financial statements are the historical financial statements of the combined company for all periods before the Merger Date. Our consolidated statements of income for the quarters ended June 30, 2024 and forward, include the results from Main Street on and after May 31, 2024. Results for periods before May 31, 2024, reflect only those of Legacy Wayne and do not include the consolidated statements of income of Main Street. Accordingly, comparisons of our results for the quarter ended March 31, 2025, with those of prior periods may not be meaningful. The number of shares issued and outstanding, earnings per share, dividends paid and all references to share quantities of Main Street have been retrospectively adjusted to reflect the equivalent number of shares issued in the Merger.

    President and CEO James R. VanSickle commented “We are proud of the progress we have made as a combined organization. The merger has created meaningful opportunities for growth and enhanced our ability to deliver long-term value to our shareholders. Our team’s dedication and our communities’ ongoing support have been instrumental in this success, and we’re deeply grateful for the trust placed in us.”

    First Quarter 2025 Financial Results

    Net interest income was $11.5 million for the quarter ended March 31, 2025, an increase of 128% from $5.1 million for the quarter ended March 31, 2024. The net interest margin of 3.44% for the first quarter of 2025 increased 83 basis points from 2.61% for the first quarter of 2024. Loan yields were 6.14% for the quarter ended March 31, 2025, an increase of 81 basis points when compared to 5.33% for the quarter ended March 31, 2024. During the first quarter of 2025, $68.5 million of the existing loan portfolio repriced and the bank funded $62.0 million in term loans and lines of credit at current market rates. Investment yields increased 157 basis points to 3.89% as of March 31, 2025, compared to the quarter ended March 31, 2024. The cost of funds for the first quarter of 2025, was 2.43%, a decrease of 5 basis points when compared to the first quarter of 2024. The cost of funds is impacted by the acquisition of new deposit accounts in the local market at rates lower than wholesale funding, such as FHLB advances. The cost of deposits was 2.27% for the quarter ended March 31, 2025, a 13 basis point increase when compared to 2.40% for the quarter ended March 31, 2024. The cost of borrowings for the quarter ended March 31, 2025 totaled 4.32%, an decrease of 42 basis points when compared to the quarter ended March 31, 2024.

    A provision for credit losses and unfunded commitments of $245,000 was recorded for the quarter ended March 31, 2025. During the quarter, the Company recognized $22,000 in charge-offs and $39,000 in recoveries, reflecting relatively stable asset quality.

    Noninterest income totaled $0.8 million for the quarter ended March 31, 2025, an increase of $141,000, or 20.8%, when compared to the quarter ended March 31, 2024. The increase in noninterest income is primarily attributed to interchange fees and service charges generated from the acquired deposit accounts.

    Noninterest expense totaled $7.5 million for the quarter ended March 31, 2025, an increase of $3.6 million when compared to the quarter ended March 31, 2024. The increase reflects a quarter of combined expenses after the merger. The continued realization of expected cost savings from the merger have progressed as planned during the quarter. Noninterest expense decreased by $436,000 when compared to the quarter ended December 31, 2024 due to decreased compensation expense and supplies.

    The provision for income taxes for the quarter ended March 31, 2025, increased by $464,000 compared to the quarter ended December 31, 2024. During the quarter ended December 31, 2024, the Company reassessed the West Virginia state income tax position and a $177,000 credit adjustment was realized during the quarter.

    March 31, 2025 Financial Condition

    At March 31, 2025, the Company had total assets of $1.41 billion with net loan balances totaling $1.13 billion. Loan balances grew by $17.8 million, or 6.4% annualized, during the first quarter of 2025. The increase is primarily attributed to $17.4 million growth in the commercial loan portfolio.

    The allowance for credit losses was $12.0 million at March 31, 2025, compared to $11.8 million at December 31, 2024. The allowance for credit losses as a percent of total loans was 1.05% for March 31, 2025 and December 31, 2024. The allowance for credit losses and the related provision for credit losses is based on management’s judgment and evaluation of the loan portfolio. Management believes the current allowance for credit losses is adequate, however, changing economic and other conditions may require future adjustments to the allowance for credit losses.

    Total nonperforming loans (NPLs) was $4.9 million at March 31, 2025, a decrease from $6.1 million at December 31, 2024. The NPL to net loan receivable ratio was 0.43% as of March 31, 2025. Past due loan balances of 30 days and more increased from $13.8 million at December 31, 2024, to $14.5 million, or 1.28% of net loans outstanding, at March 31, 2025.

    Improvement in Asset Quality Since Merger Announcement: The combined level of classified loans for Legacy Wayne and Main Street was $24.4 million as of December 31, 2022. Since the merger announcement on February 23, 2023, the management teams of both Main Street and Wayne invested a great deal of time ensuring our combined organization utilizes strong underwriting standards and proactively monitors credit quality. Main Street sold approximately $15.2 million of loans in August 2023 and April 2024, of which approximately $12.7 million were classified loans. As of March 31, 2025, the resultant Company has $12.0 million of classified loans.

    Total liabilities was $1.30 billion at March 31, 2025 with deposits totaling $1.18 billion and wholesale funding totaling $69.0 million. Deposits grew by $28.3 million, or 9.8% annualized, during the first quarter of 2025, mainly attributed to growth from Maximize Money Market accounts and the Short-Term Relationship Certificates of Deposits. The Company primarily utilizes FHLB advances as the primary source of wholesale funding due to their accessibility and alignment with prevailing market rates. During the first quarter of 2025, the Company reduced the reliance on FHLB advances by $36 million.

    Total stockholders’ equity was $114.8 million at March 31, 2025, an increase of $4.2 million when compared to the December 31, 2024 balance. Total stockholders’ equity increased during the first quarter of 2025 primarily from net income of $3.6 million and an increase in accumulated other comprehensive income of $1.5 million, partially offset by dividends of $1.1 million.

    Main Street Financial Services Corp. is a holding company headquartered in Wooster, Ohio. Its primary subsidiary, Main Street Bank Corp. was founded in 1899 and provides full-service banking, commercial lending, and mortgage services across its branch infrastructure. Today, Main Street Bank Corp. operates 19 branch locations in Wooster, Ohio, Wheeling, West Virginia and other surrounding communities in Ohio and West Virginia. Additional information about Main Street Bank Corp. is available at www.mymainstreetbank.bank.

    Non-GAAP Disclosure
    This press release includes disclosures of the Company’s return on average equity, return on average assets, net income, and efficiency ratios which are excluding costs related to merger activities which are financial measures not prepared in accordance with generally accepted accounting principles in the United States (GAAP). A non-GAAP financial measure is a numerical measure of historical or future financial performance, financial position or cash flow that excludes or includes amounts that are required to be disclosed by GAAP. The Company believes that these non-GAAP financial measures provide both management and investors a more complete understanding of the underlying operational results and trends and the Company’s marketplace performance. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the numbers prepared in accordance with GAAP.

    Forward-Looking–Statements
    This release contains forward-looking statements that are not historical facts and that are intended to be “forward-looking statements” as that term is defined by the Private Securities Litigation Reform Act of 1995.  These forward-looking statements may include, but are not limited to, statements about the Company’s plans, objectives, expectations and intentions and other statements contained in this release that are not historical facts and pertain to the Company’s future operating results.  When used in this release, the words “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions are generally intended to identify forward-looking statements.  Actual results may differ materially from the results discussed in these forward-looking statements, because such statements are inherently subject to significant assumptions, risks and uncertainties, many of which are difficult to predict and are generally beyond the Company’s control.  These include but are not limited to: the possibility of adverse economic developments that may, among other things, increase default and delinquency risks in the Company’s loan portfolios; shifts in interest rates; shifts in the rate of inflation; shifts in the demand for the Company’s loan and other products; unforeseen increases in costs and expenses; lower-than-expected revenue or cost savings in connection with acquisitions; changes in accounting policies; changes in the monetary and fiscal policies of the federal government; and changes in laws, regulations and the competitive environment.  Unless legally required, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact Information:
    Matthew Hartzler
    Senior Vice President, Chief Financial Officer
    (330) 264-5767

         
    MAIN STREET FINANCIAL SERVICES CORP.    
    Condensed Consolidated Balance Sheets    
    (Dollars in thousands, except share data – unaudited)    
         
      March 31,
    2025    		     December 31,
    2024    		  
    ASSETS          
               
    Cash and cash equivalents $ 42,734     $ 54,422  
    Securities, net (1) 162,763     163,819  
    Loans receivable, net 1,131,661     1,113,900  
    Federal Home Loan Bank stock 4,951     5,924  
    Premises & equipment, net 8,018     8,013  
    Bank-owned life insurance 21,893     22,155  
    Other assets 41,103     41,368  
     TOTAL ASSETS $ 1,413,123     $ 1,409,601  
               
    LIABILITIES AND STOCKHOLDERS’ EQUITY          
               
    Deposit accounts $ 1,184,669     $ 1,156,327  
    Other borrowings 35,852     28,399  
    Federal Home Loan Bank advances 64,000     100,000  
    Accrued interest payable and other liabilities 13,699     14,239  
    TOTAL LIABILITIES 1,298,220     1,298,965  
               
               
    Common stock (7,801,011 shares of $1.00 par value issued) 7,801     7,801  
    Additional paid-in capital 56,584     56,387  
    Retained earnings 59,893     57,356  
    Accumulated other comprehensive loss (9,375 )   (10,908 )
    TOTAL STOCKHOLDERS’ EQUITY 114,903     110,636  
               
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,413,123     $ 1,409,601  
               
    (1) Includes available-for-sale and held-to-maturity classifications.    
    Note: The December 31, 2024 Condensed Consolidated Balance Sheet has been derived from the audited Consolidated Balance Sheet as of that date.    
               
     
    MAIN STREET FINANCIAL SERVICES CORP.
    Condensed Consolidated Statements of Income
    (Dollars in thousands, except share data – unaudited)
           
      Three Months Ended
      March 31,
        2025     2024  
           
    Interest income $ 19,397   $ 9,694  
    Interest expense   7,872     4,641  
    Net interest income   11,525     5,053  
    Provision for credit losses   245     (126 )
    Net interest income after provision for credit losses   11,280     5,179  
    Non-interest income   819     678  
    Non-interest expense      
    Salaries and employee benefits   3,716     2,000  
    Net occupancy and equipment expense   1,475     682  
    Federal deposit insurance premiums   171     143  
    Franchise taxes   105     127  
    Advertising and marketing   170     68  
    Legal   83     133  
    Professional fees   359     85  
    ATM network   80     129  
    Auditing and accounting   176     72  
    Other   1,179     495  
    Total non-interest expense   7,514     3,934  
    Income before federal income taxes   4,585     1,923  
    Provision for federal income taxes   956     384  
    Net income $ 3,629   $ 1,539  
           
    Earnings per share      
    Basic $ 0.47   $ 0.40  
    Diluted $ 0.47   $ 0.40  
           
     
     
    MAIN STREET FINANCIAL SERVICES CORP.
    Selected Condensed Consolidated Financial Data
    (Dollars in thousands, except share data – unaudited)
                   
      March   December   September   June
        2025       2024       2024       2024  
                   
    Interest and dividend income $ 19,397     $ 19,138     $ 18,930     $ 12,572  
    Interest expense   7,872       8,531       8,308       6,185  
    Net interest income   11,525       10,607       10,622       6,387  
    Provision for credit losses   245       79       109       4,720  
    Net interest income after              
    provision for credit losses   11,280       10,528       10,513       1,666  
    Non-interest income   819       1,165       1,600       716  
    Non-interest expense   7,514       7,950       7,863       6,723  
    Income before federal income taxes   4,585       3,744       4,251       (4,341 )
    Provision for federal income taxes   956       558       804       (873 )
    Net income $ 3,629     $ 3,186     $ 3,446     $ (3,468 )
                   
    Earnings per share – basic $ 0.47     $ 0.41     $ 0.44     $ (0.68 )
    Earnings per share – diluted $ 0.47     $ 0.41     $ 0.44     $ (0.67 )
    Dividends per share $ 0.14     $ 0.14     $ 0.14     $ 0.13  
    Return on average assets   1.03 %     0.90 %     1.00 %     (1.38 %)
    Return on average equity   13.27 %     11.69 %     12.58 %     (17.16 %)
    Shares outstanding at quarter end   7,801,011       7,801,011       7,801,011       7,787,055  
    Book value per share $ 14.73     $ 14.18     $ 14.27     $ 13.60  
    Tangible equity per share $ 12.73     $ 12.13     $ 12.15     $ 11.49  
    Return on common tangible equity   14.62 %     13.46 %     14.54 %     (15.51 %)
                   
                   
      March   December   September   June
        2024       2023       2023       2023  
                   
    Interest and dividend income $ 9,694     $ 9,545     $ 9,078     $ 8,571  
    Interest expense   4,641       4,330       3,673       2,867  
    Net interest income   5,053       5,215       5,405       5,704  
    Provision for credit losses   (126 )     4       138       170  
    Net interest income after              
    provision for credit losses   5,179       5,211       5,267       5,534  
    Non-interest income   678       1,017       691       706  
    Non-interest expense   3,934       3,748       3,733       3,949  
    Income before federal income taxes   1,923       2,480       2,225       2,291  
    Provision for federal income taxes   384       443       452       547  
    Net income $ 1,539     $ 2,037     $ 1,773     $ 1,744  
                   
    Earnings per share – basic $ 0.40     $ 0.53     $ 0.46     $ 0.46  
    Earnings per share – diluted $ 0.40     $ 0.53     $ 0.46     $ 0.45  
    Dividends per share $ 0.13     $ 0.13     $ 0.13     $ 0.13  
    Return on average assets   0.76 %     1.02 %     0.91 %     0.92 %
    Return on average equity   11.63 %     16.90 %     14.41 %     14.36 %
    Shares outstanding at quarter end   3,840,575       3,839,702       3,837,609       3,837,085  
    Book value per share $ 13.81     $ 13.80     $ 12.40     $ 12.64  
    Tangible equity per share $ 13.36     $ 13.35     $ 11.95     $ 12.20  
    Return on common tangible equity   12.00 %     15.90 %     15.46 %     14.90 %
                   
                   
     
    MAIN STREET FINANCIAL SERVICES CORP.
    Non-GAAP reconciliation
    (Dollars in thousands, except per share data – unaudited)
     
      For three months ended
      March,
        2025       2024  
           
    Net Income as reported – GAAP $ 3,629     $ 1,539  
    Effect of merger related expenses (net of tax benefit)   –       174  
    Net Income non-GAAP $ 3,629     $ 1,713  
           
    Earnings per share – GAAP $ 0.47     $ 0.40  
    Effect of merger related expenses   –       0.05  
    Earnings per share non-GAAP $ 0.47     $ 0.45  
           
    Return on average assets – GAAP   1.03 %     0.77 %
    Effect of merger related expenses   –       0.09 %
    Return on average assets non-GAAP   1.03 %     0.86 %
           
    Return on average equity – GAAP   13.27 %     11.63 %
    Effect of merger related expenses   –       1.31 %
    Return on average equity non-GAAP   13.27 %     12.94 %
           
    Efficiency Ratio – GAAP   60.87 %     68.64 %
    Effect of merger related expenses   –       (3.04 %)
    Efficiency Ratio non-GAAP   60.87 %     65.61 %
           

    The MIL Network –

    April 25, 2025

  • MIL-OSI: SentinelOne and Nord Security partner up to tackle SMBs’ cybersecurity challenges

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) — Nord Security, home to advanced cybersecurity solutions, announces an exciting integration with SentinelOne®, a global leader in AI-powered cybersecurity. The industry giants aim to help small and medium-sized businesses (SMBs) conquer cybersecurity challenges across endpoint and network security.

    To build and maintain an effective cybersecurity strategy, businesses must navigate a complex mix of solutions that often lack integration. This absence of coordination creates additional challenges, requiring significant financial, human, and technical resources to manage multiple separate systems. Through this collaboration, SentinelOne and Nord Security will offer companies a combined solution that will allow them to address both endpoint and network security challenges.

    The comprehensive solution comes from SentinelOne’s integration with NordLayer, a toggle-ready network security platform from Nord Security’s business suite. SentinelOne will automatically alert NordLayer of any malicious user identified on the endpoint, ensuring they’re disconnected from the network before it can be compromised.

    “We are proud to partner with a global leader like SentinelOne. At Nord Security, we recognize that the complexity of current cybersecurity challenges requires collaboration across the industry. While our expertise fuels innovative solutions, building strong, strategic partnerships with players like SentinelOne, whose products complement ours, is essential to address the full range of cyber threats,” says Justas Morkunas, chief commercial officer for B2B at Nord Security. “We believe this new integration, already available through the leading cloud marketplace Pax8, is just the beginning of a fruitful and long-lasting partnership that will result in many exciting developments in the future.”

    “Partnering with Nord Security allows us to deliver greater value to businesses seeking comprehensive, streamlined security protection,” says Melissa K. Smith, vice president, technology partnerships and strategic initiatives at SentinelOne. “Together, we’re making it easier for organizations to secure tomorrow without added complexity, empowering organizations to focus on growth, not threats.”

    Attendees of the RSAC 2025 conference are invited to visit Nord Security’s and SentinelOne’s respective booths at Moscone Center in San Francisco from April 28 to May 1 to learn more about the partnership.

    About SentinelOne
    SentinelOne® is a leading AI-powered cybersecurity platform. Built on the first unified Data Lake, SentinelOne empowers the world to run securely by creating intelligent, data-driven systems that think for themselves, stay ahead of complexity and risk, and evolve on their own. Leading organizations—including Fortune 10, Fortune 500, and Global 2000 companies, as well as prominent governments – trust SentinelOne to Secure Tomorrow™. Learn more at sentinelone.com.

    About Nord Security
    Nord Security, home to the renowned VPN service NordVPN, is the world’s leading cybersecurity solutions provider, trusted by 20,000+ businesses across the globe. Designed to meet the needs of a digital workforce, the Nord Security business suite brings together the toggle-ready network security platform for business NordLayer, the next-generation password manager NordPass, and the threat exposure management platform NordStellar. For more information, visit nordsecurity.com.

    Contact:
    inga@nordsec.com

    The MIL Network –

    April 25, 2025

  • MIL-OSI: SUNation Energy Restructures $5.5 Million of Long-Term Debt, Improving Cash Flows and Enhancing Liquidity

    Source: GlobeNewswire (MIL-OSI)

    RONKONKOMA, N.Y., April 24, 2025 (GLOBE NEWSWIRE) — SUNation Energy, Inc. (Nasdaq: SUNE), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced that it has amended the terms of a $5,486,000 Long Term Promissory Note (the “Note”) associated with the Company’s second acquisition dating from November 2022.

    Under the new terms of the Long-Term Note, as disclosed in our recent annual report on Form 10-K, the principal amount of the Note, previously due and payable as a one-time payment due in November 2025, together with all accrued and unpaid interest, has been extended and is to now due and payable in 36 monthly installments beginning in June 2025 through May 1, 2028.

    “The restructuring of this Note is the latest in a series of restructuring and debt reduction initiatives designed to incrementally improve the Company’s capital structure, enhance cash flows, and provide the necessary flexibility to allow us to execute our long-term growth objectives,” said James Brennan, Chief Financial Officer. “We appreciate the efforts of our independent board members in helping to reach these new terms with the Note holders, as well as for their confidence in the Company’s long term growth prospects.”

    In addition, under the terms of a newly created Senior Secured Contingent Note Instrument (the “Contingent Note”), payment of the unearned 2024 earnout has been rescheduled. In addition to certain other conditions set forth therein, it will now follow the earnout terms in the Contingent Note covering the 2024 and 2025 fiscal years. If 2025’s EBITDA is greater than that of 2024, then the earnout will have been earned, and it will be paid over a period of 24 months starting in 2026.

    “One of our focus points has, and will continue to be, ensuring that our commitments are honored and any of our outstanding obligations are satisfied,” said Scott Maskin, Chief Executive Officer. “Commencing repayment of this Note is a significant step towards that goal. We are creating an environment where SUNation’s value can be based on its business performance, rather than exclusively by its previously costly and challenging capital structure.”

    Copies of the amended and restated secured Long-Term Note and the Senior Secured Contingent Note Instrument, along with the accompanying Security Agreement, can be found as annexed exhibits to the Company’s most recent annual report on Form 10-K.

    About SUNation Energy, Inc.

    SUNation Energy, Inc. is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (SUNation, Hawaii Energy Connection, E-Gear) provide homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage, and grid services. SUNation Energy, Inc.’s largest markets include New York, Florida, and Hawaii, and the company operates in three (3) states.

    Forward Looking Statements 

    This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company’s current expectations or beliefs and are subject to uncertainty and changes in circumstances. While the Company believes its plans, intentions, and expectations reflected in those forward-looking statements are reasonable, these plans, intentions, or expectations may not be achieved. For information about the factors that could cause such differences, please refer to the Company’s filings with the Securities and Exchange Commission, including, without limitation, the statements made under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and in subsequent filings. The Company does not undertake any obligation to update or revise these forward-looking statements for any reason, except as required by law.

    Safe Harbor Statement

    Our prospects here at SUNation Energy Inc. are subject to uncertainties and risks. This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, including, but not limited to, the risk that SUNation may not be able to enter into definitive agreements to commence these solar installations, and that the projects being contemplated will not generate the expected levels of energy or deliver the anticipated financial benefits. The Company intends that such forward-looking statements be subject to the safe harbor provided by the foregoing Sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this presentation. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. We caution readers not to place undue reliance upon any such forward-looking statements. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in the Company’s filings with the SEC which can be found on the SEC’s website at www.sec.gov.

    Contacts:
    Scott Maskin
    Chief Executive Officer
    +1 (631) 823-7131
    smaskin@sunation.com

    SUNation Energy Investor Relations
    +1 (212) 836-9600
    IR@sunation.com

    The MIL Network –

    April 25, 2025

  • MIL-OSI: XploraDEX $XPL Token Distribution Ongoing—Only 5 Days Left to Join Presale Before the Window Closes

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, April 24, 2025 (GLOBE NEWSWIRE) — With the $XPL token distribution in full swing, investors are now deep into the final countdown. Only 5 days remain for the public to join $XRP Presale and secure early access to what is rapidly being hailed as XRPL’s most groundbreaking decentralized exchange launch to date.

    [Buy $XPL Token]

    The XploraDEX token distribution began just days ago, and already thousands of wallets have received their $XPL allocations. Social feeds are buzzing. Whales are still buying. And every hour that passes brings us closer to the close of the presale window.

    Now is the final grace period. The clock is ticking—and so is the opportunity.

    XploraDEX is not just another decentralized exchange. It’s the first AI-powered DEX built on the XRP Ledger, offering traders intelligent automation, predictive trade signals, deep analytics, and one of the fastest user experiences in the DeFi world. The $XPL token is the gateway to accessing all of this—and much more.

    Participate in $XPL Presale

    Why This 5-Day Window Matters:

    • Token distribution is LIVE: Wallets are being funded in real time, with 76% of total supply already claimed.
    • Presale pricing is almost over: $XPL will be listed at a higher price after the 5-day grace period.
    • Utility goes live next: AI trading dashboards, staking rewards, and governance modules will roll out post-distribution.

    XploraDEX is already delivering. Token utility starts this week. And the last chance to get in at presale value is slipping away fast.

    Join $XPL Presale

    The XRP community is responding. From influencer shoutouts to wallet data spikes, it’s clear that this is more than hype—it’s a real-time wave of adoption. And with just five days left, it’s about to reach its final surge.

    If you’re still on the sidelines, the message is simple: you’re not too late, but you’re almost out of time.

    Join the $XPL Presale Before It Ends: https://sale.xploradex.io

    Live Updates on $XPL Token Launch: Website | $XPL Token Presale | X | Telegram

    $XPL is being distributed. XploraDEX is activating

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. 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.

    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/c6fb64c6-fa30-4083-b296-0804a5e11ff2

    The MIL Network –

    April 25, 2025

  • MIL-OSI Africa: Adeeb Y. Al Aama Appointed as Chief Executive Officer of the International Islamic Trade Finance Corporation

    Source: Africa Press Organisation – English (2) – Report:

    JEDDAH, Saudi Arabia, April 24, 2025/APO Group/ —

    The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, is pleased to announce the appointment of Engineer Adeeb Y. Al Aama as Chief Executive Officer (CEO) ITFC, effective April 20, 2025.   

    The appointment was approved by the ITFC Board of Directors, following the recommendation of H.E. Dr. Muhammad Al Jasser, Chairman of the ITFC Board and President of the IsDB Group. 

    Upon his appointment, Eng. Al Aama stated: “It is a great honor to assume leadership of ITFC as we embark on the next chapter of our growth journey. Building on the solid foundations laid over the years, I am committed to advancing ITFC’s mission of empowering our member countries through innovative trade financing and development solutions. Together with the dedication of our talented team and the steadfast support of our partners, I am confident that we will drive greater impact, foster strategic partnerships, and contribute to sustainable and inclusive economic growth across our member countries.” 

    Eng. Al Aama brings over three decades of leadership experience spanning international organizations, multinational corporations and government institutions. He has extensive experience in international trade, energy markets, strategic planning, and economics among others. His distinguished career includes serving as Saudi Arabia’s Governor for OPEC and Deputy Minister of Energy for Kingdom Affairs in OPEC and Global Oil Markets, where he played a pivotal role in shaping energy policies and strengthening economic cooperation. 

    Throughout his distinguished career, he has advised three Saudi Energy Ministers and held executive roles at Saudi Aramco and Saudi Petroleum Overseas Ltd., driving international trade partnerships and strategic initiatives. 

    MIL OSI Africa –

    April 25, 2025

  • MIL-OSI Africa: The Islamic Corporation for the Development of the Private Sector (ICD) disburses Small and Medium Enterprise (SME) financing facility (15 million Euros) in favor of Crédit Communautaire d’Afrique Bank (CCA-Bank Cameroon)

    Source: Africa Press Organisation – English (2) – Report:

    For Media Inquiries, please contact:Nabil El-Alami
    Communications & Corporate Marketing Division Manager
    nalami@isdb.orgEstablished in 1999 and headquartered in Jeddah, Saudi Arabia, the Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral development finance institution and a member of the IsDB Group. ICD’s mission is to stimulate sustainable economic growth by promoting private sector development, mobilizing resources for the private sector in member countries, advancing Islamic finance, and fostering entrepreneurship across its member states.Founded in 1997 in Bafoussam, Western Cameroon, Crédit Communautaire d’Afrique – Bank S.A. (CCA-Bank) began operations as a savings and credit cooperative. In 2018, CCA-Bank received its banking license, transitioning from a microfinance institution to an inclusive bank. The bank provides a range of deposit and loan products, including Islamic finance, to individuals, SMEs, and large corporations.

    With a presence in all 10 regions of Cameroon, CCA-Bank remains committed to promoting financial inclusion by offering services tailored to the national economic structure. On March 25, 2025, CCA-Bank was granted prior authorization by the Banking Commission to partially operate Islamic finance within its network.

    For more information, visit: www.CCA-Bank.com.

    MIL OSI Africa –

    April 25, 2025

  • MIL-OSI Global: US colleges and universities have billions stashed away in endowments − a higher ed finance expert explains what they are

    Source: The Conversation – USA – By Todd L. Ely, Associate Professor of Public Administration; Director, Center for Local Government, University of Colorado Denver

    Prospective students tour Georgetown University’s campus in Washington in 2013. AP Photo/Jacquelyn Martin

    With the Trump administration seeking to cut federal funding for colleges and universities, you might be wondering whether the endowments of these institutions of higher education might be able to fill those gaps. Todd L. Ely, a professor of public administration at the University of Colorado Denver, explains what endowments are and the constraints placed on them.

    What’s an endowment?

    Endowments are pools of financial investments that belong to a nonprofit. These assets produce a revenue stream, typically from dividends, interest and realized capital gains. The funds endowments hold usually originate as charitable donations made to support an institution’s mission.

    In most cases with higher education endowments, this wealth, which helps buoy a nonprofit’s budget, is supposed to last forever.

    Contributions to endowments are tax-deductible for donors who itemize their tax returns. Once these funds are invested, they grow generally tax-free. But beginning in 2018, the federal government imposed a 1.4% excise tax on dozens of higher education institutions with relatively large endowments.

    Few colleges or universities have a single endowment fund.

    That’s because the donors who provide gifts large and small to the school over the years direct their donations to different funds reserved for specific purposes.

    Harvard University’s endowment, worth $53.2 billion at the end of its 2024 fiscal year, for example, consists of roughly 14,600 distinct funds.

    All told, money distributed from endowments covered more than 15%, on average, of college and university operating expenses in 2024. Some of America’s institutions of higher education, however, lean much more heavily than that on their endowments to pay their bills.

    People pose for photos in front of the iconic Tommy Trojan statue on the campus of the University of Southern California in Los Angeles in 2019.
    AP Photo/Reed Saxon

    How do endowments influence higher education?

    Endowments can serve multiple purposes.

    In 2024, nearly half of all higher education spending paid for with endowment revenue funded scholarships and other kinds of aid for students, while almost 18% supported academic programs. Just under 11% paid for professors’ compensation, and almost 7% helped pay for running and maintaining campus facilities.

    More broadly, endowments can help shield schools from financial hardships and maintain their long-term reputations.

    When they’re set up to carry on in perpetuity, endowments must benefit both current and future generations. So when donors give to an endowment, they are arguably investing in the long-term viability of the institution.

    This long-term focus suggests that endowments aren’t just rainy-day funds or financial reserves.

    Why can’t endowment funds be spent freely?

    At the end of the 2023 fiscal year, U.S. higher education endowments held a total of more than $907 billion. That is a lot of money, but it’s still less than the combined wealth of America’s five richest people.

    Like individual wealth, endowment assets are heavily concentrated in the U.S.

    Many colleges and universities have small or no endowments. Nearly 60% of them total less than $50 million. The top 25, which includes several public universities in states such as Michigan and Texas, account for more than half of all endowment assets.

    And even when schools have large endowments, the individual funds that compose them are bound by a wide array of restrictions. Some of that money can be spent however the school would like. Other funds are dedicated to a clearly defined purpose.

    When endowment funds are restricted, the school gets little discretion in how to spend them.

    At Harvard, for example, there’s a Hollis Professorship of Divinity at Harvard University. It was established in 1721 through a gift from a London merchant. Based on the terms of that long-ago donation, the earnings and growth of the donated funds continue to honor the donor’s intent by supporting the position, regardless of what the university needs.

    Alternatively, endowments may receive donations that are temporarily restricted. Known as “term” endowments, the assets they hold can be used once donor-imposed conditions are fulfilled.

    Institutions frequently designate some of their unrestricted funds as “quasi” endowments, usually earmarked for specific strategic purposes. This board-designated quasi-endowment does not carry legal restrictions and can be spent more freely.

    About 40% of higher education endowment assets are subject to permanent restrictions, 30% are temporarily restricted, and 29% are reserved for quasi-endowment use.

    People walk past the Ray and Maria Stata Center on the campus of the Massachusetts Institute of Technology in 2019.
    AP Photo/Steven Senne

    How are decisions over endowment funds made?

    The decision-making authority over endowments typically rests with a college or university’s governing board. Those boards establish endowment payout policies that guide how much of the endowment and its earnings can be spent each year, while attempting to preserve the purchasing power of the investments over the long term.

    The policies take expectations regarding investment earnings and inflation into account, while smoothing annual payouts by using a percentage of the value of the endowment over multiple years as opposed to a single point in time. This payout tends to amount to about 5% of all assets. That share averaged 4.8% in 2024.

    U.S. institutions of higher education spent nearly $35.5 billion derived from their endowments in the 2023 fiscal year.

    Colleges and universities that depend more heavily on their endowment funds to cover their current obligations may choose to invest more conservatively. In recent years, many higher education endowments have obtained more complex investments, such as private equity, real assets and stakes in hedge funds.

    Endowments of nonprofit colleges and universities are also governed in most states by a state law known as the Uniform Prudent Management of Institutional Funds Act. This law encourages cautious investments and restrained spending.

    These restrictions mean that annual payouts are generally modest. That leaves endowments ill-equipped to respond to abrupt and large shifts in their funding needs.

    The John F. Kennedy School of Government, commonly referred to as Harvard Kennedy School, is a member of The Conversation U.S.

    Todd Ely works for a university that has an endowment and receives federal research funding.

    – ref. US colleges and universities have billions stashed away in endowments − a higher ed finance expert explains what they are – https://theconversation.com/us-colleges-and-universities-have-billions-stashed-away-in-endowments-a-higher-ed-finance-expert-explains-what-they-are-254872

    MIL OSI – Global Reports –

    April 25, 2025

  • MIL-OSI Global: Alaska, rich in petroleum, faces an energy shortage

    Source: The Conversation – USA – By Brett Watson, Assistant Professor of Applied and Natural Resource Economics, University of Alaska Anchorage

    The Trans-Alaska Pipeline crosses underneath the Dalton Highway, carrying crude oil from the North Slope to a port in Valdez. Lance King/Getty Images

    In the state with the fourth-largest proven reserves of oil and gas in the U.S., there is a looming energy shortage.

    Above the Arctic Circle, oil producers on Alaska’s North Slope send an average of 465,000 barrels of crude oil south each day for shipping to refineries and users around the country and the world.

    But in south-central Alaska – Anchorage and the surrounding region, home to 63% of the state’s population – utility companies are warning they may not have enough natural gas from current sources to keep the power and heat on without interruption.

    As a professor at the University of Alaska Anchorage who studies the economics of natural resources, I can see this apparent contradiction has a straightforward cause but no simple solution.

    Oil facilities in Prudhoe Bay on the North Slope, photographed March 28, 2002.
    Simon Bruty/Anychance/Getty Images

    Declining oil production

    The North Slope region once produced nearly 2 million barrels of oil per day at its peak in the 1980s. Every barrel is transported via the 800-mile Trans-Alaska Pipeline System to the port of Valdez, where it is loaded onto tanker ships.

    The state government collects significant taxes and royalties on oil production. For decades, oil revenue allowed the state to fund all government spending without imposing broad-based income, sales or property taxes. At the height of the oil boom, there was so much money that Alaska established a wealth fund, now valued at over US$80 billion, and began distributing dividends to every resident.

    But the Trans-Alaska Pipeline is designed to carry oil, not natural gas. A state law prevents producers from burning off excess gas, or flaring, as happens in many fields. With nowhere to send it, gas extracted from Alaska’s oil fields is reinjected into the ground to boost well pressure and push more oil out.

    Significant natural gas potential

    Alaska’s gas reserves are significant. State estimates suggest the North Slope has about 35 trillion cubic feet of proven reserves. That’s almost as much natural gas as the U.S. as a whole produced in 2023.

    But that is just the beginning: The North Slope also has the potential for another 200 trillion cubic feet that remains undiscovered. And improving technologies and techniques may be able to extract another 590 trillion cubic feet, according to the Alaska Gasline Development Corp., a company owned by the state of Alaska that is trying develop a project to extract and sell the state’s natural gas.

    As oil production declines and prices remain uncertain, selling gas could provide a different stream of revenue for the state, potentially providing billions of dollars.

    The 800-mile problem

    For decades, there have been numerous proposals to develop Alaska’s gas. State agencies and the petroleum industry have collectively spent hundreds of millions of dollars on this effort.

    The concept that’s closest to reality is Alaska Gasline Development Corp.’s proposal to build a plant on the North Slope to remove gas impurities, a liquefaction plant near Anchorage that could export 20 million tons of liquefied gas each year – around a trillion cubic feet – and an 807-mile pipeline to connect the two.

    The cost is expected to be significant: The corporation’s own estimate is that it would cost $44 billion. But that number was developed before the construction sector saw significant inflation in 2022. An engineering study due for release in late 2025 will provide a more updated figure. Alaskans remember that the Trans-Alaska Pipeline ended up costing 25% more than projected.

    Since his first day in office, President Donald Trump has touted this pipeline as part of efforts to expand the nation’s production of fossil fuels. He told a joint session of Congress it was a near-ready project, with Japan and South Korea ready to invest “trillions of dollars each.” In February 2025, he stood alongside Japanese Prime Minister Shigeru Ishiba to announce a “joint venture” to develop the pipeline project, but no specific details have been announced.

    Winter in Alaska means deep cold and lots of snow.
    AP Photo/Mark Thiessen

    2 expensive options

    There is a growing need to address Alaska’s domestic energy shortfall.

    South-central Alaska relies on natural gas for more than 70% of its electric and heating needs. But the gas reserves closest to Anchorage, in the Cook Inlet, which have provided energy to the area since the 1960s, are dwindling, and prices are rising. In 2005, wholesale gas prices were $3.75 per 1,000 cubic feet of natural gas. By 2024, the price had more than doubled, to $8.75. By contrast, the rest of the U.S. has seen natural gas prices cut in half over that period, thanks in part to horizontal drilling and hydraulic fracturing, also known as fracking.

    In 2022, Hilcorp, the company responsible for roughly 85% of the Cook Inlet gas production, reported that by 2027 it might not be able to supply enough gas for utilities that serve the region.

    Solutions other than the pipeline are also slow and expensive. Local utilities estimate that improving energy efficiency and developing renewable power could reduce gas demand by around 10% over the next several years and by as much as 15% after a decade. But retrofitting the area’s aging and energy-inefficient homes will not be fast or cheap.

    More than just economics

    What remains for Alaska are two main options: get gas from the North Slope to Anchorage, or import liquefied gas from the global market.

    Building the pipeline could both meet the needs of Alaska’s people and bring in money from global sales – though how much revenue depends on how global gas markets change over time and how competitive Alaska gas prices would be relative to other suppliers.

    Any delays from financial, legal, technical or environmental challenges would balloon costs. But if it succeeded, Anchorage-area customers could see prices drop as low as $2.23 per 1,000 cubic feet – a 75% drop from current prices and 40% lower than in 2005. The savings could significantly bolster the region’s economy.

    Importing is a costly option. A study commissioned by the Alaska Legislature found that imported gas would cost $13.72 per 1,000 cubic feet. That’s 60% more than current prices and especially burdensome for Alaska families and businesses, which already pay far higher energy bills than typical American customers.

    Beyond the economic questions, there’s something symbolic at stake: the state’s identity. Could a state synonymous with energy production become an energy importer? Many Alaskans see the prospect as an embarrassing paradox – akin to Hawaii importing pineapples or New Mexico importing green chiles.

    Independence and globalization

    Alaska is not alone in grappling with the tension between energy self-sufficiency and economic efficiency.

    Across the U.S., states rich in resources have wrestled with the question of whether to prioritize local production or integrate into global markets. Texas produces more oil than any other state, yet it continues to import crude oil due to mismatches between its production and refining capacity.

    Shaped by globalization, few regions can truly isolate themselves from market forces. Energy production and consumption are increasingly interconnected, meaning pursuit of local self-sufficiency comes at a steep economic cost. That’s the question facing Alaska: whether to invest in domestic infrastructure to maintain energy independence, or embrace the flexibility – and potentially lower cost – of global markets.

    Brett Watson receives funding from First National Bank Alaska to conduct research on the Alaska economy, including energy issues. He has previously received funding from Power the Future for work on Alaska mineral issues.

    – ref. Alaska, rich in petroleum, faces an energy shortage – https://theconversation.com/alaska-rich-in-petroleum-faces-an-energy-shortage-254903

    MIL OSI – Global Reports –

    April 25, 2025

  • MIL-OSI Global: Pope Francis’ death right after Easter sounds miraculous – but patients and caregivers often work together to delay dying

    Source: The Conversation – USA – By Michelle Riba, Clinical Professor of Psychiatry, University of Michigan

    Pope Francis died after celebrating Easter with his congregants. AP Photo/Gregorio Borgia

    On the morning of Easter Monday, after his final public address the day prior, Pope Francis died at age 88, closing 12 years of leading the Catholic Church. He joins the phenomena of people “holding on” until after an anticipated date or event, such as the holidays or a birthday, before dying.

    It sometimes seems like some patients are able to stay alive out of sheer willpower. But for many people, behind the scenes are a village of people and an ongoing series of conversations that help patients be able to celebrate their child’s graduation or travel to a place they’ve always wanted to go.

    We asked Dr. Michelle Riba, director of the psycho-oncology program at the University of Michigan Rogel Cancer Center, to explain how meaning matters just as much as medicine at the end of life.

    What factors come into play at the end of life?

    Psychosocial factors that affect a person’s mental health and well-being – such as stress, social support, depression and anxiety, and socioeconomic status – play an important part of all parts of life, but especially at the end of life. End of life refers to the days, weeks or months after somebody is told that they have a disease that can be fatal.

    Questions about meaning and what’s important to a patient and their family are important at all times. But when somebody is diagnosed with a grave illness, these questions become particularly important to acknowledge in medical conversations. As many doctors like to say, patients aren’t the disease, they have a disease.

    We want to give patients control about how they want to live their lives in the most meaningful way, especially at the end. And this includes how they want to use their time, energy and resources, who they want to spend their time with and where they want to be.

    How does the ‘will to live’ affect treatment and survival?

    There was a new movement starting in the 1960s to 1970s that believed a person’s attitude and outlook on life could affect their health and longevity. People like minister Norman Vincent Peale promoted the idea that a positive mindset could help improve outcomes. Psychologist Martin Seligman developed the field of positive psychology that focused on subjective well-being by promoting resilience and human flourishing. The idea that you could do better if you were optimistic resonated with many people, including physicians.

    Then surgeon Bernie Siegel proposed the specific idea that staying positive after a cancer diagnosis could extend your life, and that became a major focus of the movement. However, there was little to no data to support his claims. The studies researchers conducted to figure out whether it was true that people who were more positive lived longer or had a lower prevalence of cancer than those who did not were either flawed or did not consistently show this effect.

    Eventually Siegel’s ideas were disproved. But for a long time, they affected how patients felt about themselves and how their families addressed illness. My own patients would tell me, “How can I be positive? I can’t eat, I’m in pain and I’m sick.” They felt guilty that they couldn’t feel positive and optimistic, and that caused extra stress and reduced their quality of life.

    Learning about what matters most to a patient requires asking them.
    FG Trade/E+ via Getty Images

    Additionally, the social determinants of health – such as a patient’s environment, race, education and wealth – are also very important to their health and longevity. Having a good social life, money and not being discriminated against makes it easier to stay positive and do better in life. During the COVID-19 pandemic, people were less likely to do well if you didn’t have money, or if you were a certain race.

    Research shows that patients who have severe mental illness such as schizophrenia and bipolar disorder often live about 20 years less than somebody who doesn’t. And it’s not just because of the disease. Having a severe mental illness means that you probably can’t work, you probably don’t have financial means, and you may not have family support.

    How can doctors help patients feel like they have more control?

    In studying how patients could feel more confident, physicians like me realized that having control over their destiny, if you will, didn’t necessarily mean patients had to stay positive. Rather, it meant understanding the things that gave them joy and meaning before their diagnosis, and how clinicians could help them continue to do these things.

    For example, a patient who could no longer work because of their cancer or their treatments might miss their sense of routine. Working with them to make a schedule of all their medical appointments and enjoyable activities might help them take control over their days. The structure may provide meaning and help them cope better.

    A marathon runner who loses their ability to balance due to a brain tumor is another example. If this patient found meaning and pleasure in running but could no longer run, what could we do to help them regain some of this joy? This might look like starting physical therapy and rehab, or finding alternative activities they can do.

    If going to their place of worship is important to a patient but they’re no longer able to, we could see if their rabbi, imam or minister could see them at their home.

    Additionally, helping patients continue doing what’s meaningful for them also gives them hope. It helps them know that their physicians feel they’re worth doing that for, and that there’s a life beyond cancer treatment.

    How do a patient’s goals factor into their treatment plan?

    When doctors give patients hope, patients tend to have better outcomes. That doesn’t mean we’re telling patients something false, or that they’re going to live a longer time. Rather, doctors can help patients improve or maintain their quality of life and achieve certain goals.

    For example, a patient may be thinking of attending their child’s graduation two months from now. Their care team can talk to them about how they might be able to do this, or think of other ways they can celebrate.

    Feeling supported during a serious illness can make a big difference.
    Joshua Hoehne/Unsplash, CC BY-SA

    My mother passed away from cancer a month after I graduated high school. I remember she couldn’t participate in a lot of senior prom activities, like helping me get a dress or do my hair. But my date and I and another couple were allowed to go to her hospital room just before the prom so she could see us all dressed up. And it was one of the most meaningful moments of my life. Though she couldn’t be there for graduation or all the other preparations and celebrations, it mattered to my mother and me that she was able to see my friends and me before prom. Also, very meaningfully, my friends were so kind and thoughtful to make that effort on our behalf.

    There have been observations that some patients with terminal illness manage to hold on until after a certain holiday or date. A 1988 study found that the number of Jewish people who died before Passover was lower than expected, and the number of deaths after Passover was higher than expected. While this study had flaws and limitations, other researchers have made similar observations for deaths for specific groups after holidays like Christmas, the Mid-Autumn Festival and birthdays.

    But these studies don’t address whether those specific holidays were actually what these patients really cared about. It may be that people made it through something else important to them. It may be that they were able to be with the people they loved at the end. It may be something else entirely. We don’t really know what’s important for someone unless we ask.

    Allowing patients and their families to think about what matters most to them and how we can help them achieve their goals is part of our job as physicians.

    How do you balance a patient’s medical care with their goals?

    Being diagnosed with a terminal illness can be a traumatic event. Patients often can remember where and when they heard the news about a certain illness or scan or problem. How to help people process, understand and live with this to the best of their ability is really the key to having the best quality of life. This means giving them choices and helping them see some ways to address it for themselves and their families.

    Sometimes that can be really hard. For patients who really want to travel somewhere, we might figure out a way to defer specific treatments or procedures, or set up appointments for them to be done at the local hospital or clinic. But there’s not much we can do for a patient who wants to attend their young child’s wedding when that won’t be for decades in the future. The medical team does everything it can within reason, and it tries to make sure the patients and their loved ones understand the risks and benefits.

    Receiving bad news can be a traumatic event.
    Maskot/DigitalVision via Getty Images

    Doctors and patients may also have different goals that can be difficult to meet at the same time. Figuring out how to juggle these agendas and listening to each other during these conversations can be challenging but important.

    Everybody is trying to do what they think is right and best for the patient. This means taking care of the whole person, not just the disease. Whether that means reaching a certain holiday or special event, or just gathering together with the people they love, taking the time and effort to understand what is important for the patient and their family is key to good care.

    Michelle Riba chairs the National Comprehensive Cancer Network Distress Guidelines.

    – ref. Pope Francis’ death right after Easter sounds miraculous – but patients and caregivers often work together to delay dying – https://theconversation.com/pope-francis-death-right-after-easter-sounds-miraculous-but-patients-and-caregivers-often-work-together-to-delay-dying-254970

    MIL OSI – Global Reports –

    April 25, 2025

  • MIL-OSI Global: Gratitude comes with benefits − a social psychologist explains how to practice it when times are stressful

    Source: The Conversation – USA – By Monica Y. Bartlett, Professor of Psychology, Gonzaga University

    If the concept of journaling feels daunting, perhaps just call it a gratitude list. Karl Tapales/Moment via Getty Images

    A lot has been written about gratitude over the past two decades and how we ought to be feeling it. There is advice for journaling and a plethora of purchasing options for gratitude notebooks and diaries. And research has consistently pointed to the health and relationship benefits of the fairly simple and cost-effective practice of cultivating gratitude.

    Yet, Americans are living in a very stressful time, worried about their financial situation and the current political upheaval.

    How then do we practice gratitude during such times?

    I am a social psychologist who runs the Positive Emotion and Social Behavior Lab at Gonzaga University. I teach courses focused on resilience and human flourishing. I have researched and taught about gratitude for 18 years.

    At the best of times, awareness of the positive may require more effort than noticing the negative, let alone in times of heightened distress. There are, however, two simple ways to work on this.

    Expressions of gratitude can take many different forms.
    Lighthouse Films/DigitalVision via Getty Images

    Gratitude doesn’t always come easily

    Generally, negative information captures attention more readily than the positive. This disparity is so potent that it’s called the negativity bias. Researchers argue that this is an evolutionary adaptation: Being vigilant for life’s harms was essential for survival.

    Yet, this means that noticing the kindnesses of others or the beauty the world has to offer may go unnoticed or forgotten by the end of the day. That is to our detriment.

    Gratitude is experienced as a positive emotion. It results from noticing that others − including friends and family certainly, but also strangers, a higher power or the planet − have provided assistance or given something of value such as friendship or financial support. By definition, gratitude is focused on others’ care or on entities outside of oneself. It is not about one’s own accomplishments or luck.

    When we feel gratitude toward something or someone, it can increase well-being and happiness and relationship satisfaction, as well as lower depression.

    Thus, it may assist in counteracting the negativity bias by helping us find and remember the good that others are doing for us every day − the good that we may lose sight of in the best of times, let alone in times when Americans are deeply stressed.

    We feel gratitude more easily when we notice the good that others have brought into our lives.
    Catherine Falls Commercial/Moment via Getty Images

    How to practice gratitude

    Research has shown that some people are naturally more grateful than others.

    But it’s also clear that gratitude can be cultivated through practice. People can improve their ability to notice and feel this positive emotion.

    One way to do this is to try a gratitude journal. Or, if the idea of journaling is daunting or annoying, perhaps call it a daily list instead. If you have given this a try and dislike it, skip to the second method below.

    Gratitude lists are designed to create a habit in which you scan your day looking for the positive outcomes that others have brought into your life, no matter how small. Writing down several experiences each day that went well because of others may make these positive events more visible to you and more memorable by the end of the day − thus, boosting gratitude and its accompanying benefits.

    While the negative news − “The stock market is down again!” “How are tariffs going to affect my financial security?” − is clearly drawing attention, a gratitude list is meant to help highlight the positive so that it doesn’t go overlooked.

    The negative doesn’t need help gaining attention, but the positive might.

    A second method for practicing gratitude is expressing that gratitude to others. This can look like writing a letter of gratitude and delivering it to someone who has made a positive impact in your life.

    When my students do this exercise, it often results in touching interactions. For instance, my college students often write to high school mentors, and those adults are regularly moved to tears to learn of the positive impact they had. Expressing gratitude in work settings can boost employees’ sense of social worth.

    In a world that may currently feel bleak, a letter of gratitude may not only help the writer recognize the good of others but also let others know that they are making a beautiful difference in the world.

    Monica Y. Bartlett does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Gratitude comes with benefits − a social psychologist explains how to practice it when times are stressful – https://theconversation.com/gratitude-comes-with-benefits-a-social-psychologist-explains-how-to-practice-it-when-times-are-stressful-250882

    MIL OSI – Global Reports –

    April 25, 2025

  • MIL-OSI United Nations: 24 April 2025 News release WHO calls for revitalized efforts to end malaria

    Source: World Health Organisation

    On World Malaria Day, the World Health Organization (WHO) is calling for revitalized efforts at all levels, from global policy to community action, to accelerate progress towards malaria elimination.

    In the late 1990s, world leaders laid the foundation for remarkable progress in global malaria control, including preventing more than 2 billion cases of malaria and nearly 13 million deaths since 2000.

    To date, WHO has certified 45 countries and 1 territory as malaria-free, and many countries with a low burden of malaria continue to move steadily towards the goal of elimination. Of the remaining 83 malaria-endemic countries, 25 reported fewer than 10 cases of the disease in 2023.

    However, as history has shown, these gains are fragile.

    “The history of malaria teaches us a harsh lesson: when we divert our attention, the disease resurges, taking its greatest toll on the most vulnerable,” said WHO Director-General Dr Tedros Adhanom Ghebreyesus. “But the same history also shows us what’s possible: with strong political commitment, sustained investment, multisectoral action and community engagement, malaria can be defeated.”

    Investments in new interventions drive progress

    Years of investment in the development and deployment of new malaria vaccines and next-generation tools to prevent and control malaria are paying off.

    On World Malaria Day, Mali will join 19 other African countries in introducing malaria vaccines—a vital step towards protecting young children from one of the continent’s most deadly diseases. The large-scale rollout of malaria vaccines in Africa is expected to save tens of thousands of young lives every year.

    Meanwhile, the expanded use of a new generation of insecticide-treated nets is poised to lower the disease burden. According to the latest World malaria report, these new nets—which have greater impact against malaria than the standard pyrethroid-only nets—accounted for nearly 80% of all nets delivered in sub-Saharan Africa in 2023, up from 59% the previous year.

    Progress against malaria under threat

    Despite significant gains, malaria remains a major public health challenge, with nearly 600 000 lives lost to the disease in 2023 alone. The African Region is hardest hit, shouldering an estimated 95% of the malaria burden each year.

    In many areas, progress has been hampered by fragile health systems and rising threats such as drug and insecticide resistance. Many at-risk groups continue to miss out on the services they need to prevent, detect and treat malaria. Climate change, conflict, poverty and population displacement are compounding these challenges.

    WHO recently warned that the 2025 funding cuts could further derail progress in many endemic countries, putting millions of additional lives at risk. Of the 64 WHO Country Offices in malaria-endemic countries that took part in a recent WHO stock take assessment, more than half reported moderate or severe disruptions to malaria services.

    Renewed call to protect hard-won gains

    World Malaria Day 2025 – under the theme, “Malaria ends with us: reinvest, reimagine, reignite” – is calling for stepped up political and financial commitment to protect the hard-won gains against malaria.

    To reinvest, WHO joins partners and civil society in calling on malaria-endemic countries to boost domestic spending, particularly in primary health care, so that all at-risk populations can access the services they need to prevent, detect and treat malaria. The successful replenishments of the Global Fund and Gavi, the Vaccine Alliance, are also critical to financing malaria programmes and interventions, and accelerating progress towards the targets set in the WHO Global technical strategy for malaria 2016-2030.

    Addressing current challenges in global malaria control will also require a reimagined response through innovative tools, strategies and partnerships. New and more effective antimalarial drugs are needed, as all well as advancements in service delivery, diagnostics, insecticides, vaccines and vector control methods.

    More countries are making malaria control and elimination a national priority, including through the Yaoundé Declaration, signed in March 2024 by African Ministers of Health from 11 high burden countries.

    “Ministers committed to strengthening their health systems, stepping up domestic resources, enhancing multisectoral action and ensuring a robust accountability mechanism,” notes Dr Daniel Ngamije, Director of the WHO Global Malaria Programme. “This is the kind of leadership the world must rally behind.”

    Reigniting commitment at all levels – from communities and frontline health workers to governments, researchers, the private sector innovators and donors – will be critical to curbing and, ultimately, ending malaria.

    Notes to the editor:

    For more information on the WHO World Malaria Day campaign, visit: https://www.who.int/campaigns/world-malaria-day/2025

    MIL OSI United Nations News –

    April 25, 2025

  • MIL-OSI: Global Drone Usage and Adoption Continues to Skyrocket While Largely Benefiting the Agriculture Industry

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., April 24, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Drones are being utilized in many markets and one of the ones that is expected to continue to rise is the agriculture drones market. The need to boost agricultural productivity and the labor shortage drive the agriculture drones market growth. Traditional farming faces labor shortages, increasing the demand for advanced agriculture technologies that enhance productivity and minimize manual labor. For instance, the USDA’s 2022 Census of Agriculture revealed a loss of 141,733 farms in the US from 2017 to 2022, highlighting the urgent need for solutions to improve efficiency and promote sustainable farming practices. According to a report from MarketsAndMarkets the global agriculture drones market which grew to from USD 2.01 billion in 2024 is expected to reach a CAGR of 32.0% during the forecast period (2029). The report said: “Partnerships and the introduction of new products will present profitable prospects for industry participants in the coming five years. Favorable government policies, subsidies, and regulations coupled with increasing investments by market players drive the usage of digital agriculture tools like drones. The US FAA’s exemptions for the use of agriculture drones are anticipated to hold several opportunities for the market. Favorable government policies, subsidies, and regulations coupled with increasing investments by market players to drive the usage of digital agriculture tools like drones are acting as drivers for the agriculture drone market. Public-private partnerships create innovation in developing tailored solutions to known problems, especially in agriculture, which receives research and development funding from government initiatives. Extension education and training are also brought about, which educates the farmer concerning the capabilities of the drones thus making the farmer able to utilize the tools appropriately.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Corteva, Inc. (NYSE: CTVA), Red Cat Holdings, Inc. (NASDAQ: RCAT), Safe Pro Group Inc. (NASDAQ: SPAI), AgEagle Aerial Systems Inc. (NYSE: UAVS).

    MarketsAndMarkets concluded: “Furthermore, governments’ propensity for sustainability in environmental matters helps the cause of drones meant to stretch resources applied in terms of water and fertilizers… Simplified regulatory frameworks facilitate easier adoption, enabling farmers to implement drone technology into their operations without extensive bureaucratic hurdles. Monetary benefits, such as subsidies and tax exemptions, greatly help reduce the input costs of drones, hence enabling more farmers to adopt the technology.”

    ZenaTech (NASDAQ:ZENA) ZenaDrone Granted FAA Part 137 Approval for Agricultural Drone Operations Addressing a $6 Billion Global Agricultural Drone Market Growing to $24 Billion by 2032 – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces its subsidiary ZenaDrone has received approval from the Federal Aviation Administration (FAA) to conduct commercial agricultural operations under the rules and regulations of 14 CFR Part 137 for crop spraying and precision agriculture. This approval allows ZenaDrone to commence final testing and deployment of the ZenaDrone 1000 drone for aerial spraying of pesticides, herbicides, fungicides, fertilizers, and seeds for agricultural, environmental and government customers. The company plans to sell these solutions through its Drone as a Service, or DaaS, business model as well as selling the drone hardware and solution directly to larger commercial farms, agribusinesses, and cooperatives.

    “FAA part 137 approval now enables our team to finish final testing and commence sales of our agriculture solutions. Drones offer a more precise, efficient, cost effective and safer alternative to traditional methods while reducing chemical use, crop damage, and manual work, as well as being able to reach hard-to-access areas. We plan, test, then deploy our solutions through our DaaS model in the US first, followed by Ireland where we have a history of pioneering development work in agricultural drones,” said CEO Shaun Passley, Ph.D.

    According to Fortune Business Insights the global agriculture drone market is projected to grow from USD 6.10 billion in 2024 to USD 23.78 billion by 2032, at a compound annual growth rate (CAGR) of 18.5%. This growth reflects a growing demand for precision agriculture, advances in drone technology, cost-effectiveness, government support and incentive programs, and growing awareness and education.

    The ZenaDrone 1000 is an autonomous drone, in a VTOL (Vertical Takeoff and Landing) quadcopter design with a total of eight rotors on its two fixed wings; it is considered a medium-sized drone measuring 12X7 feet in size. It is designed for stable flight, maneuverability, heavy lift capabilities up to 40 kilos, incorporating innovative software technology, AI, sensors, and purpose-built attachments like crop spraying, along with rugged and compact hardware featuring foldable wings enabling the drone to fit into the back of a truck.

    ZenaTech’s DaaS business will incorporate the ZenaDrone 1000 and the IQ series of multifunction autonomous drones to provide a variety of service solutions from land surveys to power line inspections or power washing, made accessible and cost effective through an Uber-like business model on a regular subscription or pay-per-use basis. Customers can conveniently access drones for eliminating manual or time-consuming tasks achieving superior results, such as for surveying, inspections, security and law enforcement, or precision farming applications, without having to buy, operate, or maintain the drones themselves. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Puna Bio recently announced that it had closed a new round of founding led by Corteva, Inc., Corteva, Inc. (NYSE: CTVA) through its Corteva Catalyst platform. The investment from one of the world´s leading agricultural technology companies, and other investors, will support the further development of Puna Bio’s product portfolio based on extremophile organisms.

    Unlike traditional pesticides and fertilizers, Puna Bio’s innovative products are based on natural solutions that enhance nutrient uptake, tolerance to stress and crop quality. Their biological (non-GMO) seed treatments are based on the unique capabilities of extremophiles isolated from the highest and driest desert on Earth, La Puna of Argentina.

    “Our solution, based on ancient bacteria dating back 3.5 billion years, maximizes productivity by 10 to 15 percent in fertile soils and revitalizes degraded soils that would normally be too acidic or salinized to be productive,” explains Franco Martínez Levis, Puna Bio’s CEO and co-founder. “With so much of the world’s agricultural land on the path to degradation and weather patterns becoming more extreme worldwide, our discovery platform ensures that we can continue feeding the global population in a sustainable way.”

    Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently announced that the Company has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 4,724,412 shares of common stock, pursuant to a registered direct offering, expected to result in gross proceeds of approximately $30 million, before deducting placement agent fees and other offering expenses. The offering is expected to close on or about April 11, 2025, subject to the satisfaction of customary closing conditions.

    The Company intends to use net proceeds from the offering for general corporate purposes, including working capital. Northland Capital Markets is acting as the exclusive placement agent for the transaction.

    The offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-283242), which was declared effective by the Securities and Exchange Commission (the “SEC”) on December 11, 2024. A final prospectus supplement and the accompanying prospectus relating to the registered direct offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Additionally, when available, electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, from Northland Securities, Inc., 150 South Fifth Street, Suite 3300, Minneapolis, MN.

    Safe Pro Group Inc. (NASDAQ: SPAI) recently announced that its SpotlightAITM OnSite (OnSite) real-time, edge-based, small object threat detection technology, has successfully completed operations in active minefields in Ukraine. This successful deployment highlights the Company’s patented capability to rapidly identify and instantly map live explosive threats including small anti-personnel cluster munitions and landmines scattered over large areas. Building on over two years of real-world battlefield testing, this milestone in the Company’s development roadmap demonstrates the ability to deliver edge-based small object threat detection reducing a soldier’s cognitive load and representing the next generation of force protection. To view a video of SpotlightAITM Onsite please click here.

    “Evolving threats like remote mining where everyday drones are strategically delivering small mines is a new critical threat profile that our edge-based system is uniquely designed to address. Our recent operational success confirmed that our AI models can reduce the cognitive load on soldiers who are already heavily tasked and may not have the time to recognize explosive threats in their path. This a significant step forward on the Edge where drone-based small object threat detection for force protection is responding to the rapidly changing modern battlefield. Building upon our unmatched real-world experience in detecting, identifying and locating small explosive threats in Ukraine, we believe OnSite can deliver a new level of enhanced situational awareness that will allow military, government and humanitarian personnel to safely conduct their critical missions with greatly enhanced safety,” said Dan Erdberg, Chairman and CEO of Safe Pro Group Inc. “The increasing number of countries exiting the Ottawa Convention on anti-personnel landmines will likely lead to an increased proliferation of deadly anti-personnel mines and that is why we are committed to the further development and deployment of our patented technology so that we can help protect our soldiers and our allies.”

    AgEagle Aerial Systems Inc. (NYSE: UAVS) recently announced the launch of its eBee VISION next generation application software featuring a variety of critical updates. Of particular note, is the capability for manual position updates with map referencing to provide precise navigation even in GNSS-denied areas where satellite signals are unavailable or unreliable due to various factors.

    AgEagle CEO Bill Irby commented, “Of the many new features provided in our latest software update, overcoming GNSS-denied shortfalls marks a significant leap forward in drone operations especially for defense personnel, public safety agencies and industrial teams working in high-stakes, GNSS-denied environments. Whether operating in dense urban centers, near critical installations, or in contested zones with active signal interference, our global eBee VISION customers can now maintain full navigational command of their drone using only the camera and map-based interface. This feature directly addresses a core challenge faced by tactical and industrial drone operators in today’s complex mission environments. Our technical team will continue to work relentlessly on refinements and ongoing advancements to ensure AgEagle remains at the forefront of UAV innovation.”

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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    SOURCE: FN Media Group

    The MIL Network –

    April 25, 2025

  • MIL-OSI: Truxton Corporation Reports First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    NASHVILLE, Tenn., April 24, 2025 (GLOBE NEWSWIRE) — Truxton Corporation, the parent company for Truxton Trust Company (“Truxton” or “the Bank”) and subsidiaries, announced its operating results for the quarter ended March 31, 2025. First quarter net income attributable to common shareholders was $5.1 million, or $1.75 per diluted share, compared to $4.3 million, or $1.48 per diluted share, for the same quarter in 2024. Net income and fully diluted earnings per share for the quarter rose by 17% and 18%, respectively, compared to the first quarter of 2024.

    “We are pleased to start 2025 with another quarter of financial growth lead by our core businesses,” said Chairman and CEO Tom Stumb. “Net Interest Income increased by 18% compared to the first quarter of 2024 while non-interest income increased by 23%. We achieved another quarterly earnings high-water mark while continuing to invest in technology and human capital to better serve our clients.”

    Key Highlights

    • Non-interest income totaled $6.4 million in the first quarter of 2025, which was $657 thousand higher than the fourth quarter of 2024 and $1.2 million over the first quarter of 2024. Wealth revenue in the first quarter of 2025 was $5.3 million, up 2% from the fourth quarter of 2024 and 8% from the first quarter of 2024. Other non-interest income was elevated due to capital advisory fee revenue associated with a successful sell-side engagement.
    • Loans increased by 5% to $702 million at quarter end compared to $670 million on December 31, 2024, and were up 6% compared to $660 million on March 31, 2024.
    • Total deposits increased by 19% from $866 million at December 31, 2024, to $1.03 billion at March 31, 2025, and were 21% higher in comparison to $850 million at March 31, 2024. Truxton continues to fund its growth from a single banking location led by its commitment to provide what it believes is superior deposit operations service and technology.
    • Net interest margin for the first quarter of 2025 was 2.90%, an increase of 11 basis points from the 2.79% experienced in the quarter ended December 31, 2024, and an increase of 28 basis points from the 2.62% in the quarter ended March 31, 2024. Cost of funds was 2.91% in the first quarter of 2025, down from 3.08% for the quarter ended December 31, 2024, and down from 3.33% for the quarter ended March 31, 2024.
    • Allowance for credit losses, excluding that for unfunded commitments, was $6.7 million at quarter end March 31, 2025, compared to $6.4 million at December 31, 2024, and $6.3 million at March 31, 2024. For each of those three periods, such allowance amounts were 0.96% of gross loans outstanding at period end. For the same three periods, the Bank’s allowance for unfunded commitments was $589 thousand, $483 thousand, and $374 thousand, respectively.
    • The Bank’s capital position remains strong. Its Tier 1 leverage ratio was 10.46% at March 31, 2025, compared to 10.63% at December 31, 2024, and 10.53% at March 31, 2024. Book value per common share was $34.46, $34.42, and $30.62 at March 31, 2025, December 31, 2024, and March 31, 2024, respectively.
    • During the three months ended March 31, 2025, Truxton Corporation paid dividends of $1.50 per common share, inclusive of a $1.00 special cash dividend, and repurchased 5,000 shares of its common stock for $400 thousand in aggregate, or an average price of $80.00 per share.

    About Truxton
    Truxton is a premier provider of wealth, banking, and family office services for wealthy individuals, their families, and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCPK: TRUX). For more information, visit truxtontrust.com.

    Investor Relations
    Austin Branstetter 
    615-250-0783  
    austin.branstetter@truxtontrust.com    		 Media Relations
    Swan Burrus
    615-250-0773
    swan.burrus@truxtontrust.com
    Truxton Corporation
    Consolidated Balance Sheets
    (000’s)
    (Unaudited)
           
      March 31,
    2025*    		 December 31,
    2024    		 March 31,
    2024*
    ASSETS      
    Cash and due from financial institutions $ 10,704   $ 4,225   $ 4,909  
    Interest bearing deposits in other financial institutions   24,887     25,698     34,361  
    Federal funds sold   10,231     4,054     6,733  
    Cash and cash equivalents   45,822     33,977     46,003  
           
    Time deposits in other financial institutions   –     245     490  
    Securities available for sale   414,190     258,322     256,517  
           
    Gross loans, excluding Paycheck Protection Program   701,660     669,962     659,622  
    Allowance for credit losses**   (6,708 )   (6,433 )   (6,324 )
    Paycheck Protection Program Loans   –     20     48  
    Net loans   694,952     663,549     653,346  
           
    Bank owned life insurance   16,863     16,722     10,865  
    Restricted equity securities   3,718     2,272     1,822  
    Premises and equipment, net   3,176     3,293     2,089  
    Accrued interest receivable   4,989     4,567     4,522  
    Deferred tax asset, net   5,297     5,257     5,576  
    Other assets   14,440     15,577     16,484  
           
    Total assets $ 1,203,447   $ 1,003,781   $ 997,714  
           
           
    LIABILITIES AND SHAREHOLDERS’ EQUITY      
    Deposits      
    Non-interest bearing $ 127,851   $ 126,016   $ 126,838  
    Interest bearing $ 900,489   $ 740,406   $ 723,645  
    Total deposits   1,028,340     866,422     850,483  
           
    Federal funds purchased   –     –     –  
    Swap counterparty cash collateral   2,790     4,230     5,570  
    Federal Home Loan Bank advances   45,000     8,250     3,250  
    Federal Reserve Bank borrowings   2,400     –     22,700  
    Subordinated debt   14,439     14,426     14,514  
    Other liabilities   11,154     11,747     11,706  
    Total liabilities   1,104,123     905,075     908,223  
           
    SHAREHOLDERS’ EQUITY      
    Common stock, $0.10 par value $ 284   $ 286   $ 290  
    Additional paid-in capital   28,957     28,945     31,881  
    Retained earnings   75,396     61,316     65,035  
    Accumulated other comprehensive income (loss)   (10,365 )   (10,252 )   (12,055 )
    Net Income $ 5,052   $ 18,411   $ 4,340  
    Total shareholders’ equity   99,324     98,706     89,491  
           
    Total liabilities and shareholders’ equity $ 1,203,447   $ 1,003,781   $ 997,714  
           
    *The information is preliminary, unaudited and based on company data available at the time of presentation. **Truxton adopted the Current Expected Credit Loss methodology as of January 1, 2023. The total excludes reserve for credit losses on unfunded commitments recorded in Other liabilities.
    Truxton Corporation
    Consolidated Statements of Net Income
    (000’s)
    (Unaudited)
               
      Three Months Ended
      March 31,
    2025*    		   December 31,
    2024*    		   March 31,
    2024*
    Non-interest income          
    Wealth management services $ 5,338   $ 5,242     $ 4,907  
    Capital advisory fees   555     70       40  
    Service charges on deposit accounts   45     85       91  
    Securities gains (losses), net   0     (122 )     0  
    Bank owned life insurance income   142     124       58  
    Other   297     321       68  
    Total non-interest income   6,377     5,720       5,164  
               
    Interest income          
    Loans, including fees $ 10,378   $ 10,354     $ 10,357  
    Taxable securities   3,371     3,039       2,599  
    Tax-exempt securities   182     217       188  
    Interest bearing deposits   331     348       231  
    Federal funds sold   34     75       41  
    Total interest income   14,296     14,033       13,414  
               
    Interest expense          
    Deposits   6,599     6,798       6,450  
    Short-term borrowings   60     90       618  
    Long-term borrowings   199     85       15  
    Subordinated debentures   188     188       188  
    Total interest expense   7,046     7,161       7,270  
               
    Net interest income   7,250     6,872       6,144  
               
    Provision for credit losses   390     145       (6 )
               
    Net interest income after provision for loan losses   6,860     6,727       6,150  
               
    Total revenue, net   13,237     12,447       11,314  
               
    Non interest expense          
    Salaries and employee benefits   5,127     4,635       4,076  
    Occupancy   351     326       453  
    Furniture and equipment   109     107       4  
    Data processing   407     282       418  
    Wealth management processing fees   215     195       214  
    Advertising and public relations   53     96       34  
    Professional services   222     247       209  
    FDIC insurance assessments   108     33       190  
    Other   391     291       278  
    Total non interest expense   6,983     6,212       5,877  
        0        
    Income before income taxes   6,254     6,235       5,438  
               
    Income tax expense   1,202     1,242       1,104  
               
    Net income $ 5,052   $ 4,993     $ 4,334  
               
    Earnings per share:          
    Basic $ 1.75   $ 1.74     $ 1.49  
    Diluted $ 1.75   $ 1.74     $ 1.48  
     
    *The information is preliminary, unaudited and based on company data available at the time of presentation. Totals may not foot due to rounding.
    Truxton Corporation
    Selected Quarterly Financial data
    At Or For The Three Months Ended
    (000’s)
    (Unaudited)
           
      March 31,
    2024*    		 December 31,
    2024*    		 March 31,
    2024*
           
    Per Common Share Data      
    Net income attributable to shareholders, per share      
    Basic $1.75 $1.74 $1.49
    Diluted $1.75 $1.74 $1.48
    Book value per common share $34.46 $34.42 $30.62
    Tangible book value per common share $34.46 $34.42 $30.62
    Basic weighted average common shares 2,793,834 2,787,805 2,831,217
    Diluted weighted average common shares 2,797,388 2,792,363 2,838,003
    Common shares outstanding at period end 2,882,241 2,867,850 2,922,761
           
           
    Selected Balance Sheet Data      
    Tangible common equity (TCE) ratio 8.25% 9.83% 8.97%
    Average Loans $691,360 $667,957 $656,790
    Average earning assets (1) $1,047,778 $998,861 $958,138
    Average total assets $1,085,506 $1,025,415 $970,228
    Average shareholders’ equity $99,923 $97,026 $89,441
           
           
    Selected Asset Quality Measures      
    Nonaccrual loans $0 $0 $0
    90+ days past due still accruing $0 $11 $0
    Total nonperforming loans $0 $11 $0
    Total nonperforming assets $0 $11 $0
    Net charge offs (recoveries) $8 $4 $11
    Nonperforming loans to assets 0.00% 0.00% 0.00%
    Nonperforming assets to total assets 0.00% 0.00% 0.00%
    Nonperforming assets to total loans and other real estate 0.00% 0.00% 0.00%
    Allowance for credit losses to total loans** 0.96% 0.96% 0.96%
    Net charge offs to average loans 0.00% 0.00% 0.00%
           
           
    Capital Ratios (Bank Subsidiary Only)      
    Tier 1 leverage 10.46% 10.63% 10.53%
    Common equity tier 1 13.82% 15.19% 14.58%
    Total risk-based capital 14.73% 16.15% 15.53%
           
    Selected Performance Ratios      
    Efficiency ratio 51.2% 48.5% 51.5%
    Return on average assets (ROA) 1.89% 1.94% 1.80%
    Return on average shareholders’ equity (ROE) 20.50% 20.47% 19.52%
    Return on average tangible common equity (ROTCE) 20.50% 20.47% 19.52%
    Net interest margin 2.90% 2.79% 2.62%
           
    *The information is preliminary, unaudited and based on company data available at the time of presentation.
    (1) Average earning assets is the daily average of earning assets. Earning assets consists of loans, mortgage loans held for sale, federal funds sold, deposits with banks, and investment securities.
    Truxton Corporation  
    Yield Tables  
    For The Periods Indicated  
    (000’s)  
    (Unaudited)  
                             
    The following table sets forth the amount of our average balances, interest income or interest expense for each category of interest earning assets and interest bearing liabilities and the average interest rate for interest earning assets and interest bearing liabilities, net interest spread and net interest margin for the periods indicated below:  
      Three Months Ended   Three Months Ended   Three Months Ended  
      March 31, 2024*   December 31, 2024*   March 31, 2024*  
                             
      Average Balances Rates/ Yields (%) Interest Income/ Expense   Average Balances Rates/ Yields (%) Interest Income/ Expense   Average Balances Rates/ Yields (%) Interest Income/ Expense  
                             
    Earning Assets                        
    Loans $691,360   6.04 $10,300   $667,957   6.08 $10,215   $656,790   6.28 $10,261  
    Loan fees $0   0.16 $271   $0   0.09 $146   $0   0.06 $95  
    Loans with fees $691,360   6.2 $10,571     667,957   6.17 $10,361   $656,790   6.34 $10,356  
    Mortgage loans held for sale $0   0.00 $0   $0   0.00 $0   $0   0.00 $0  
    Federal funds sold $3,308   4.15 $34   $6,232   4.71 $75   $3,255   4.93 $41  
    Deposits with banks $29,756   4.51 $331   $28,570   4.85 $348   $19,536   4.75 $231  
    Investment securities – taxable $291,104   4.63 $3,371   $260,605   4.66 $3,039   $245,516   4.23 $2,599  
    Investment securities – tax-exempt $32,250   3.37 $182   $35,497   3.65 $217   $33,041   3.4 $188  
    Total Earning Assets $1,047,778   5.62 $14,489   $998,861   5.64 $14,040   $958,138   5.66 $13,415  
    Non interest earning assets                        
    Allowance for loan losses   (6,618)           (6,359)           (6,309)        
    Cash and due from banks $17,307         $5,985         $5,270        
    Premises and equipment $3,249         $3,305         $1,260        
    Accrued interest receivable $3,608         $3,721         $3,478        
    Other real estate $0         $0         $0        
    Other assets $37,447         $36,453         $30,494        
    Unrealized gain (loss) on inv. securities   (17,265)           (16,551)           (22,103)        
    Total Assets $1,085,506         $1,025,415         $970,228        
    Interest bearing liabilities                        
    Interest bearing demand $326,793   3.04 $2,448   $329,625   3.26 $2,703   $330,343   3.53 $2,898  
    Savings and money market $229,304   2.63 $1,486   $200,257   2.83 $1,427   $162,640   3.4 $1,375  
    Time deposits – retail $12,965   3.61 $115   $13,170   3.39 $112   $15,557   3.43 $133  
    Time deposits – wholesale $241,662   4.28 $2,550   $228,144   4.46 $2,556   $173,570   4.74 $2,044  
    Total interest bearing deposits $810,724   3.3 $6,599   $771,196   3.51 $6,798   $682,110   3.8 $6,450  
    Federal Home Loan Bank advances $20,369   3.9 $199   $9,554   3.48 $85   $3,401   1.7 $15  
    Subordinated debt $14,687   5.09 $188   $14,520   5.08 $188   $14,610   5.09 $188  
    Other borrowings $9,419   4.12 $60   $12,369   4.04 $90   $57,060   4.28 $618  
    Total borrowed funds $44,475   4.02 $447   $36,443   3.90 $363   $75,071   4.32 $821  
    Total interest bearing liabilities $855,199   3.34 $7,046   $807,639   3.52 $7,161   $757,181   3.85 $7,271  
    Net interest rate spread   2.28 $7,443     2.12 $6,879     1.81 $6,144  
    Non-interest bearing deposits $126,049         $115,593         $118,809        
    Other liabilities $4,335         $5,157         $4,797        
    Shareholder’s equity $99,923         $97,026         $89,441        
    Total Liabilities and Shareholder’s Equity $1,085,506         $1,025,415         $970,228        
    Cost of funds   2.91       3.08       3.33    
    Net interest margin   2.90       2.79       2.62    
                             
    *The information is preliminary, unaudited and based on company data available at the time of presentation. Totals may not foot due to rounding.      
                             
    Yield Table Assumptions – Average loan balances are inclusive of nonperforming loans. Yields computed on tax-exempt instruments are on a tax equivalent basis. Net interest spread is calculated as the yields realized on interest-bearing assets less the rates paid on interest-bearing liabilities. Net interest margin is the result of net interest income calculated on a tax-equivalent basis divided by average interest earning assets for the period. Changes in net interest income are attributed to either changes in average balances (volume change) or changes in average rates (rate change) for earning assets and sources of funds on which interest is received or paid. Volume change is calculated as change in volume times the previous rate while rate change is change in rate times the previous volume. Changes not due solely to volume or rate changes are allocated to volume change and rate change in proportion to the relationship of the absolute dollar amounts of the change in each category.  

    The MIL Network –

    April 25, 2025

  • MIL-OSI Russia: Competition for filling positions of faculty members

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering –

    In accordance with Article 332 of the Labor Code of the Russian Federation and in connection with the availability of vacant positions of professorial and teaching staff for the 2025/2026 academic year from September 1, 2025, the Saint Petersburg State University of Architecture and Civil Engineering announces a competitive selection to fill the following positions:

    assistant; senior lecturer; associate professor; professor.

    By department:

    architectural and urban planning heritage; architectural design; architectural and building structures; water use and ecology; geodesy, land management and cadastres; geotechnics; urban planning; design of the architectural environment; reinforced concrete and stone structures; computer science; information systems and technologies; history and theory of architecture; history and philosophy; landscape architecture; mathematics; intercultural communication; construction management; metal and wooden structures; ground transport and technological machines; descriptive geometry and engineering graphics; construction organization; jurisprudence; legal regulation of urban planning and transport; drawing; structural mechanics; structural physics, electric power engineering and electrical engineering; forensic examinations; heat and gas supply and ventilation; technical operation of vehicles; construction production technology; technology of building materials and metrology; technosphere safety; transport systems and road and bridge construction; economics of construction and housing and communal services; economic security.

    The term for which an employment contract will be concluded for each of the above-mentioned positions to be filled, corresponding to the term of election by competition, is three years (until August 31, 2028).

    The competition procedure is determined by the order of the Ministry of Science and Higher Education of the Russian Federation dated December 4, 2023 No. 1138 “On approval of the Regulation on the procedure for filling the positions of teaching staff related to the faculty” and “Regulations on the organization and procedure for election by competition to positions of teaching staff at SPbGASU” (approved by the decision of the Academic Council of SPbGASU dated June 27, 2024, protocol No. 6 (as amended on April 24, 2025)).

    The qualification requirements are defined:

    The Unified Qualification Handbook of Positions of Managers, Specialists, and Employees (approved by the Order of the Ministry of Health and Social Development of the Russian Federation dated January 11, 2011, No. 1n); the requirements for passing the competitive selection of the teaching staff of SPbGASU (approved by the decision of the Academic Council of SPbGASU dated June 27, 2024, protocol No. 6).

    To participate in the competitive selection, it is necessary to submit an application electronically through the personal account portal between April 24 and May 26, 2025 (HTTPS: // Portal.SPBGASU.ru/ – for employees of SPbGASU, HTTPS: //Conquispps.SPBGASU.ru/ – for applicants who are not employees of SPbGASU) the following documents:

    an application addressed to the rector of the university; a copy of the higher education document; a copy of the candidate/doctor of science diploma (if any); a copy of the associate professor/professor certificate (if any); documents confirming the length of service in scientific and pedagogical work (a certificate of teaching experience or a copy of the work record book, certified at the place of work) – for applicants who are not full-time employees of SPbGASU; a list of scientific and educational-methodical works for the last three years; consent to the processing of personal data; documents confirming the absence of restrictions on employment in the field of education (certificate of no criminal record).

    The procedure and deadlines for making changes to the terms of the competition, as well as its cancellation:

    Amendments to the terms of the competition, as well as its cancellation, are formalized by order of the rector until May 26, 2025.

    In case of a positive decision of the commission, the originals of the competition documents and educational documents are provided by the competition participant upon conclusion of an employment contract to the Human Resources Department from June 27 to August 31, 2025 at the address: 190005, St. Petersburg, 2-ya Krasnoarmeyskaya St., Bldg. 4, office 125, 126. Tel. 316-42-13.

    The competition will be held in person.

    Place, date and time of the competition: June 25, 2025 at 10:00, St. Petersburg, 2-ya Krasnoarmeyskaya st., bldg. 4, room 216.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    April 25, 2025
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