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MOSDEX

As fractional reserve banking systems continue to experience pressure in a rising rate environment, crypto assets like Bitcoin have experienced inflows as investors look for a place to store investable capital. MOSDEX continues to enhance their infrastructure to support these inflows by offering a lucrative staking platform for passive income.

New York, NY, March 27, 2023 (GLOBE NEWSWIRE) -- It's becoming clearer every day that the financial world is in the midst of a seismic shift, with bank closures sweeping across the US and raising serious questions about the stability of traditional banking systems. In response, forward-thinking experts in the cryptocurrency industry are pushing for decentralized financial infrastructure, which is safer and more reliable.

The cryptocurrency industry has been hit hard by the recent collapse of three banks, including Signature Bank and Silvergate Bank, both of which had established themselves as supporters of the sector. This unsettling turn of events has sent shockwaves through the crypto community, as investors and traders alike grapple with the fallout of these banking failures.

In a world where traditional finance has long dominated, digital assets have emerged as a disruptive force, challenging the status quo and offering individuals a new way to take control of their finances. Among these digital assets, Bitcoin has become a symbol of liberation, empowering everyday people to break free from the grip of the banking system.

As the crypto industry continues to grow and evolve, there has been a shift towards acceptance of the need to collaborate with banks to comply with regulations, pay taxes, and administer payroll. However, digital asset companies remain committed to maintaining their core values of decentralization, transparency, and inclusivity and are leveraging cutting-edge technology to revolutionize the financial landscape. The recent banking crisis has compelled crypto industry experts to champion decentralized financial infrastructure like MOSDEX as a more secure and reliable alternative.

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MOSDEX Staking Based Arbitrage Platform May Offset Banking Risks

Early in the year,Mosdex introduced its staking-based arbitrage platform, complete with an advanced automated arbitrage engine that scans multiple order books across various exchanges to identify the most profitable trades, allowing users to earn daily passive income through its proprietary profit-sharing model.

Mosdexs innovative platform offers Bitcoin (BTC) and Tether (USDT) holders a secure way to earn passive income without the risks associated with traditional financial systems. By staking their BTC or USDT, users can virtually act as liquidity providers while enjoying recurring daily earnings.

The Mosdex Arbitrage Platform leverages automated and pre-determined mechanisms to calculate a 24-hour expected return that is highly competitive, possibly reaching up to 0.68% ROI daily. Users can choose from liquidity packages ranging from brief periods of 14 days, 30 days, or 90 days, with expected returns displayed upfront before the contract is locked.

Profits can be claimed on a daily basis directly from the user-friendly dashboard as soon as they are available, provided that the rewards exceed or equal $10. This eliminates the waiting time and provides added convenience for users.

Here are some of the benefits users can enjoy from the MOSDEX staking platform:

MOSDEX provides users with a low-risk way to earn recurring passive income by staking their BTC or USDT on the platform.

Unlike traditional liquidity provision methods that carry the risk of impermanent loss, MOSDEX limits this risk by using user assets for arbitrage activities, which perform trades within milliseconds to capitalize on price differences across different exchanges.

Users can choose from various liquidity packages, with expected returns shown upfront, and claim profits on a daily basis from the dashboard.

With an expected daily ROI of up to 0.68%, MOSDEX offers a highly competitive alternative to traditional banks and other investment options.

MOSDEX takes the security of its users' assets very seriously, following industry best practices for data protection, access rights, and encryption, and performing periodic internal and external audits to maintain the highest standards.

MOSDEX also offers a referral program where users can invite others to join the platform and receive a 0.6% rebate for each stake made by a referred user.

To start earning passive income with MOSDEX and take advantage of its secure and low-risk staking platform, visit their website athttps://mosdex.com today.

About Mosdex

Mosdex Limited is a Finnish financial and technology company. The Mosdex platform, which is the key product offering of Mosdex Limited, operates in a completely online and automated environment without a need for physical infrastructure.

The completely anonymous team at Mosdex has built an ecosystem of arbitrage tools for digital assets (cryptocurrencies). The platform has been audited, a detailed report can be found athttps://docs.mosdex.com/resources/audits. For information about Mosdex and its workings, please head out to the white paper:https://docs.mosdex.com/resources/white-paper.

Social Links

Telegram:https://t.me/MOSDEX_Official

Twitter:https://twitter.com/MOSDEX_Official

Medium: https://medium.com/@Mosdex

See more here:

MOSDEX Offers Investors Alternative From Banking Turmoil with Innovative Staking Platform - Yahoo Finance

Parliament Speaker Nabih Berri has called for consensus with Saudi Arabia over the presidential choice, as he reiterated that the problem is Maronite in the presidential file.

In an interview with al-Akhbar newspaper, Berri said that he is awaiting the outcome of the upcoming Christian gathering in Bkirki, when asked about who can break the presidential deadlock.

When we said yesterday that the problem is Maronite, they got dismayed. And if we say it today, they will also get dismayed, but this is the main problem, the Speaker added.

When I say that the problem is inter-Maronite, they accuse me of launching unjust accusations. Any observer can draw one conclusion: they went federalism or confederalism under the label of financial decentralization, which we reject because it was not mentioned in the Taif Accord, Berri said, in an interview with al-Liwaa newspaper.

We support broad administrative decentralization, because it involves facilitating peoples affairs and preserves the central state, the Speaker added.

Whats notable in this regard is the Free Patriotic Movements melting in the stances of the Lebanese Forces to the extent of not finding any differentiation between them, despite Dr. (Samir) Geageas rejection of meeting MP (Jebran) Bassil, Berri went on to say.

Despite competition inside the same community, Geagea has succeeded in leading the Maronite scene, and whenever he takes a stance Bassil would endorse it and try to go further, the Speaker added.

As for his recent meeting with Saudi Ambassador to Lebanon Walid Bukhari, Berri said the atmosphere was positive.

We did not agree, but we did not disagree, and accordingly consensus with the kingdom over the presidential choice is necessary, Berri added.

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Berri urges 'consensus with KSA', reiterates that 'the problem is ... - Naharnet

Trico Electric Cooperative in May plans to complete and commission a 15-MW/30-MWh battery at its Avion 10-MW solar farm in Marana, Arizona. (Photo Courtesy: Trico)

Motivated by its members, an Arizona electric cooperative is taking on its third battery project in two years to boost reliability, reduce carbon emissions, save money and deliver revenue from the wholesale electric power market.

Trico Electric Cooperative, headquartered in Marana, plans to have a new 10-megawatt/40-megawatt-hour battery system operational by end of this year. The facility just south of Tucson will be adjacent to the co-ops Sahuarita distribution substation. Trico is a partial-requirements member of Arizona Electric Power Cooperative and receives most of its energy and capacity from AEPCO. Trico and AEPCO are working together to develop the Sahuarita battery project.

Trico first installed a 15-MW/30-MWh battery system in 2022 at its Chirreon 10-MW solar and battery facility near a growing retirement community north of Tucson. This spring, the co-op plans to complete installation of an identical system at its Avion 10-MW solar farm in Marana. Both these projects are owned by Trico through subsidiaries.

Trico CEO Brian Heithoff cites members demand for innovation and value as the main driver for pursuing energy storage. Industry trends toward decarbonization, decentralization and digitization also prompted the co-ops projects, he said. Trico has committed to reduce its carbon dioxide emissions by 50% by 2032.

One of Tricos core values is innovation, and so we have a history of continually trying to improve ourselves for our members benefit, Heithoff said. When we serve our members with our battery resources, we reduce our peaking resource needs and often we can free up our other resources to sell to other energy providers.

With energy storage, Trico can use its excess capacity to save members money by strategically selling resources into the wholesale power market during non-peak months, he said.

A typical deployment strategy might be to discharge the batteries during the evening peak, Heithoff said. But if we see that theres going to be a peak and/or higher prices the next morning, we will hold some of that in the batteries and deploy it at a more beneficial time.

Heithoff said he expects battery storage to grow in importance and encourages electric co-ops to explore the technology now.

What is now strategic for us is going to become standard operating procedure in five or 10 years, he said.

Its kind of like computers. When co-ops bought their first desktop computer back in the 90s, that was probably a strategic decision. Then in five to 10 years, almost everybody had a personal computer. What is new in energy storage to a lot of cooperatives is just going be a routine skillset.

Cathy Cash is a staff writer for NRECA.

Read more from the original source:

Trico Electric Cooperative to Install Third Battery System - America's ... - National Rural Electric Cooperative Association

Kuwait City As the digital economy continues to expand at an unprecedented rate, International Data Corporation (IDC) is delighted to announce that this year's edition of the IDC Kuwait CIO Summit will take place on May 22 at the Courtyard by Marriott in Kuwait City under the theme 'Enabling the Digital Economy's Leaders'. The event will be supported by the Central Agency for Information Technology (CAIT), whose acting director general, Dr. Ammar H. Alhusaini, will be on hand to present the opening address.

"With digital-first strategies having become firmly established across the Middle East over the last few years, organizations in the region are now increasingly focused on deriving a larger share of their revenues from digital products, services, channels, and platforms," says Ranjit Rajan, IDC's vice president of research for the Middle East, Trkiye, and Africa (META). "Indeed, 50% of the CIOs recently surveyed by IDC across the Middle East said that this is now a major priority for their organizations.

"In order to thrive in this new world, a digital-first mindset is essential, coupled with a vision to build a data-driven organization that is ingrained with a culture of innovation. Leveraging cloud as a foundational platform, developing a data and intelligence plane powered by AI and advanced analytics, and enabling ubiquitous, consumption-based digital infrastructure will all become critical technology priorities."

Rajan will expand on these developments at the IDC Kuwait CIO Summit 2023 as he presents the event's keynote, 'Strategies for the CIO and Enterprise Innovation'. During this session he will explain what CIOs need to do now and in the future to create an environment for long-term sustainable innovation. He will also highlight strategies for building a culture of trust, examine the move toward industry ecosystem innovation, and highlight the impact of decentralization.

The IDC Kuwait CIO Summit 2023 will also host a presentation by the world's first officially recognized human cyborg, Neil Harbisson, who will explore the evolution of the human species and serve up his exclusive insights into how technology can be leveraged to overcome some of the obstacles and disabilities that human beings face.

The event will bring together more than 150 of the country's foremost IT and telecom leaders, digital government pioneers, digital regulators and authorities, and industry thought leaders. The event will examine the current state of the digital economy, assess its ongoing impact on citizens, customers, employees, and operations, address the key challenges that need to be overcome, and outline proven best practices and strategies for driving future success.

To learn more about the IDC Kuwait CIO Summit 2023, pleaseclick here or contact Sheila Manek atsmanek@idc.com / +971 4 446 3154. You can also join the conversation on social media using the hashtag #IDCKUWAITCIO.

About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group (IDG), the world's leading tech media, data, and marketing services company. To learn more about IDC, please visit http://www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights.

IDC in the Middle East, Turkey, and Africa

For the Middle East, Turkey, and Africa region, IDC retains a coordinated network of offices in Riyadh, Nairobi, Lagos, Johannesburg, Cairo, and Istanbul, with a regional center in Dubai. Our coverage couples local insights with international perspectives to provide a comprehensive understanding of markets in these dynamic regions. Our market intelligence services are unparalleled in depth, consistency, scope, and accuracy. IDC Middle East, Africa, and Turkey currently fields over 130 analysts, consultants, and conference associates across the region. To learn more about IDC MEA, please visit http://www.idc.com/mea. You can follow IDC MEA on Twitter at @IDCMEA.

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IDC's Upcoming CIO Summit in Kuwait to Be Hosted Under the ... - IDC

Gnosis co-founder and COO Friederike Ernst doesnt like seeing decentralization thrown around as a superficial marketing term.

Its why she takes such pride in the fact that its very affordable right now1 GNO token, about $108 at the time of writingto become a validator on the Gnosis Chain. For context, it costs 32 ETH, worth almost $58,000, to become a validator on the Ethereum network.

That low bar to entry has helped the Gnosis Chain, one of the earliest Ethereum sidechains, amass more than 115,000 validators.

Thats 20% of what Ethereum has, she said on the latest episode ofDecrypt's gmpodcast.

Being a validator on a blockchain means verifying transactions and adding them to the ledger. On proof-of-stake blockchains like Gnosis, validators need to stake tokens to show they have skin in the game. They earn rewards for participating in a way that helps the network and can be penalized if they dont.

Ernst said the focus on true decentralization is what sets Gnosis Chain apart from other Etherem layer-2 scaling solutions.

If you go to the likes of Solana and Polygon and Avalanche, and so on, it's super, super small numbers of validators, Ernst said. I think it's really easy to forget about the benefits of decentralization until you need them. And then it's too late.

As of Wednesday morning, Solana had about 10,000 validators, Polygon intentionally keeps its validators capped at 100, and Avalanche had 1,200 validators.

We have the exact same L2s on Gnosis Chain, by the way. So yeah, definitely not knocking them, she added about the other L2s. They're super useful for many kinds of applications.

Ernst left a career as a physicist to join Gnosis in 2017, two years after it was founded by CEO Martin Koppelman and chief technology officer Stefan George. At the time, Gnosis had just spun out from blockchain venture studio ConsenSys, which was started by Ethereum co-founder Joseph Lubin.

Before she left academia, Ernst had earned her PhD in Berlin, completed postdoctoral work at Columbia University and Stanford, and was working as a professor at the University of Hamburg.

The decision to leave academia behind was hard, but ultimately she decided it was important to help build tools that would give agency back to people. And as passionately as she talks about the importance of decentralization, she knows that it comes with tradeoffs.

For developers, the entire process of building applications gets much harder when infrastructure is decentralized. It's easier to just build on a centralized platformand a shortcut that too many crypto projects have taken, in Ernst's assessment.

If you think about building the exact same applications, just on AWS, it would be cheaper and easier and better user experience," she said. "And then you build it on a blockchain that is barely a blockchain in terms of decentralization, and you have the downsides of both worlds and the upside is mostly marketing. And to me, it's not a great state of affairs.

Read more:

Why True Decentralization at Scale Is Hard and Rare: Gnosis Co-Founder - Decrypt