Man Buys $27 of Bitcoin, Forgets About Them, Finds They’re Now Worth $886,000 – Video


Man Buys $27 of Bitcoin, Forgets About Them, Finds They #39;re Now Worth $886,000
You #39;re probably going to see this, a lot! Someone buys some bitcoins and forgets about them. Later, they rediscover them and Whop! They #39;re rich! Just like that!

By: BackToConstitution

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Man Buys $27 of Bitcoin, Forgets About Them, Finds They're Now Worth $886,000 - Video

Bitcoin Scandals Increase Skepticism About Currency's Trustworthiness

NEW YORK (TheStreet) -- Even as mainstream awareness aboutbitcoin and its possibilities has grown over the past year, the digital currency's volatility has become a cause of worry for investors.

New this week that a bitcoin exchange in Hong Kong had suddenly closed, taking with it some $386 million worth of investors' money, mark the latest in a long list of hacks and scandals that have plagued the currency. It's also further evidence of what critics say are fundamental problems with the currency.

Must Read: 10 Stocks Carl Icahn Loves for 2015: Apple, eBay, Hertz and More "Bitcoin is built with clay feet," said Mark Williams, a risk management expert and bitcoin expert at Boston University. "It isn't built with a focus on trust."

Williams says the currency has a number of structural flaws that have helped to undermine trust.

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Bitcoin Scandals Increase Skepticism About Currency's Trustworthiness

Ex-Goldman director aims to hedge your bitcoin risk

The nascent industry of bitcoin derivatives got a high-profile boost on Wednesday, as a London-based trading platform was launched by ex-employees of some of the world's leading investment banks.

Crypto Facilities was set up by former bankers from Goldman Sachs, Morgan Stanley, BNP Paribas and Societe Generale.

The platform pitches itself as a broker which specializes in bitcoin derivatives, and trades financial products like options and futures which are directly linked to the price of the cryptocurrency. Thus, it allows users to "go long" and bet that the price of bitcoin will rise, or "go short" and bet the price will fall.

Timo Schlaefer, the co-founder and CEO, was previously the executive director of credit quantitative modeling at Goldman Sachs in London. Speaking to CNBC via telephone Wednesday, he said he had worked for the investment bank for ten years but left to create this brokerage firm.

"I really wanted to help this industry develop and bring the experience that I have," he said.

Schlaefer added that he saw real potential in the technology behind bitcoin - the block chain - which is a publicly-distributed ledger system which makes sure all transactions are verified in a transparent, decentralized and secure fashion.

Crypto Facilities is officially regulated by the U.K.'s Financial Conduct Authority. However, the regulator only oversees the company's traditional derivative operations, as there are not yet any official regulations on the digital currency in the country.

Like Schlaefer, the Bank of England has also said it sees huge potential for the technology behind the digital currency bitcoin.

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Ex-Goldman director aims to hedge your bitcoin risk

Comets shoot into City Open Division title game

It took eight months of rehabilitation, but on Saturday night in the City Section Open Division semifinals, Akil Hall Reese of Westchester finally got back on the basketball court after tearing a knee ligament last summer.

The senior guard made his first shot attempt of the season, a three-pointer in the first quarter. He made another three-pointer in the second quarter. It was a hint of what might be still possible, because the Comets are very much alive in the postseason after a 78-38 rout of Dorsey that earned them a spot in next Saturday's championship game at Cal State Dominguez Hills.

Westchester will play Fairfax, a 67-52 winner over El Camino Real in Saturday's second semifinal.

"I try not to get down on myself," Reese said. "Everybody said to stay positive and I'd be back. I wish I could have played all year, but I'm back for the playoffs. It feels real good."

Reese was a key player for last season's Division I runner-up team. He was cleared by his doctor to resume contact a week ago, and Coach Ed Azzam decided to hold him out until he got a week of practice. How much he'll be able to contribute the rest of the way will depend on his progress in practice.

"He played well," Azzam said. "He's still not 100%, but he's a smart player."

From a 9-0 start to a 16-point halftime lead to a 34-point margin after three quarters, the Comets (21-11) had little trouble against Dorsey (23-4) before a packed gym at Roybal High. Keith Fisher, a rapidly developing 6-foot-8 junior, finished with 21 points.

"We played real well," Azzam said. "They're a good team and our defense was excellent and we made shots. When we do that, we're tough to beat."

Lindsey Drew scored 22 points and Lorne Currie had 16 in Fairfax's win over El Camino Real. Drew and Currie took charge in the third quarter, leading an 11-0 surge to wipe out a two-point halftime deficit.

"We just picked it up," Drew said. "We knew weren't playing to our full potential. We wanted to come out strong and just win the game."

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Comets shoot into City Open Division title game

Celebrity Doctor Paul W. Wallace Speaks at NPF Psoriasis Skin of Color Congressional Briefing In Hopes of Bringing …

Los Angeles, CA (PRWEB) March 09, 2015

Beverly Hills celebrity cosmetic dermatologist and renowned expert on advanced skin treatments, Dr. Paul W. Wallace, was featured as a keynote speaker during the NPF Psoriasis Skin of Color Congressional Briefing held yesterday at the Rayburn House Office Building in Washington, DC. With an extensive 20-year background in dermatology, Dr. Wallace was chosen by NPF staff to best convey the urgency of a growing skincare epidemic that touches countless people around the globe.

The goal of the briefing was to highlight and educate Members of Congress via their staff on the unique challenges of understanding, diagnosing, and treating psoriasis in non-Caucasian populations specifically. Although it is a fairly common chronic inflammatory disorder, there isnt much research or data relating to psoriasis in ethnicities other than Caucasians. This makes it so much harder to accurately identify psoriasis in darker skin tones, and as a result its often misdiagnosed, said Dr. Wallace. Awareness, education, clinical evidence, and resources for treatment of psoriasis in people of color are desperately needed.

In addition to his concerns over misdiagnoses, another major theme Dr. Wallace covered during the briefing emphasized the accompanying health risks that often are associated with those who suffer from psoriasis. People with psoriasis have reported higher rates of depression and anxiety, and it has been linked to an elevated risk for other serious conditions such as cardiovascular disease, diabetes, and cancer.

Furthermore, Dr. Wallace outlined the apparent gaps these ethnicities face in a) understanding the programs and assistance that are available to them for covering medical costs, and b) having sufficient access to specialists in the area who can help.

There is great disparity for those who are suffering, said Wallace. Some people have challenges accessing the treatment they need due to out of pocket expenses they cant afford or lack of treatment availability, while others just believe they are undeserving of quality health care. Im hoping that by speaking in front of Congress, I can help create change.

Dr. Wallace added that the total estimated costs of managing psoriasis worldwide is somewhere around $135 billion per year. And for so many under served populations, this amount only pushes them further away from the treatment they so desperately need.

About Dr. Paul Wallace

Dr. Paul W. Wallace, M.D., M.P.A., is a Beverly Hills celebrity Cosmetic Dermatologist proudly serving all communities of southern California for over 20 years. Dr. Wallace is a master of his field and is a resource for patients around the world. He delivers superior patient service and believes in only using natural, innovative approaches to helping patients look and feel their very best.

Dr. Paul Wallace received his undergraduate degree from UC Berkeley. He then attended Harvard Medical, University of Oklahoma and University of Missouri Graduate Schools. His residency training in Dermatology and fellowship in Plastic and Reconstructive Surgery was performed at the Charles Drew/Martin Luther King, Jr. Medical Center, in Los Angeles.

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Celebrity Doctor Paul W. Wallace Speaks at NPF Psoriasis Skin of Color Congressional Briefing In Hopes of Bringing ...

Briefly: Apple intros new World Travel kit, Maps Flyover updated

Apple has revised its World Travel Adapter Kit, which includes plugs for the differing electrical systems around the world. The new package sees a price drop of $10, and is now priced at $29. Changes in the new version include the addition of a new plug type for Brazil known as a "type N" adapter, but the dropping of a formerly-included USB cable and power adapter.

Mac and iOS power adapters can generally handle the different voltages of the varying world standards, but use a "duck head" removable plug which can be swapped out with any of the new electrical adapter plugs. The new kits should be available in most worldwide Apple Store locations, with other dealers also able to order and carry them.

Maps adds Flyover views to nine cities in US and abroad

Apple on Tuesday added 3D Flyover support to nine additional cities around the world, bringing the "flight-perspective" views of the cities to its Maps program. The list includes Linz, Austria; Rennes, France; Venice, Italy; Guadalajara, Mexico; Ponce, Puerto Rico; Edinburgh, Scotland; Cceres, Spain; and two cities in the US: Baton Rouge, Louisiana, and Boise, Idaho. The new changes are being populated to servers, and may not show up on all devices just yet. The Flyover feature debuted in iOS 8, and has proven to be popular with Maps users.

by MacNN Staff

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Briefly: Apple intros new World Travel kit, Maps Flyover updated

Afghans travel far and wide to see war-torn nation debut in World Cup cricket in Australia

Published February 18, 2015

Supporters of the Afghanistan team cheer their team ahead of their Cricket World Cup Pool A match against Bangladesh in Canberra, Australia, Wednesday, Feb. 18, 2015. (AP Photo/Rob Griffith)(The Associated Press)

Afghanistan bowler Hassan Hamid, centre, watches as Bangladesh batsmen Iqbal Tamim, left, and Haque Anamul score runs during their Cricket World Cup Pool A match in Canberra, Australia, Wednesday, Feb. 18, 2015. (AP Photo/Rob Griffith)(The Associated Press)

Bangladesh batsman Iqbal Tamim dives to make his ground during their Cricket World Cup Pool A match against Afghanistan in Canberra, Australia, Wednesday, Feb. 18, 2015. (AP Photo/Rob Griffith)(The Associated Press)

CANBERRA, Australia The Afghanistan national cricket team's first appearance at the World Cup was a losing one, but its inclusion among the ranks of elite countries in the sport was a victory in itself even before a ball was bowled on Wednesday.

The Afghans got off to a promising start, and for a while the fairytale ending seemed a potential reality. But hampered by inexperience, they lost by 105 runs to Bangladesh, which has been playing in World Cup tournaments since 1999.

While the red and green of Bangladesh supporters appeared to dominate the drum-pounding stands at Canberra's Manuka Oval, the unusual spectacle of cricket fans parading the intricate black, red, green and white flags of Afghanistan, many with ornate gold edgings, also featured prominently.

The Afghan flag is still a novelty at international cricket games and the sight of it lends a sense of normality and national cohesion that the war-ravaged Central Asian country has yet to grow into.

The Afghan diaspora in Australia came from far and wide to see their country's proudest moment in a short cricket history.

The earliest Afghan immigrants came to Australia in the 19th century to drive the pioneering camel trains that helped open up the country's arid interior. But many Afghans in Australia are refugees of recent wars who live in the largest cities on the coast.

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Afghans travel far and wide to see war-torn nation debut in World Cup cricket in Australia

ICC World Cup brings bonanza for travel cos as 6,000 Indians fly to Australia

The author has posted comments on this articleTasmayee Laha Roy & Ravi Teja Sharma, ET Bureau | Feb 9, 2015, 12.54PM IST

While Tourism Australia said about 6,000 Indians will travel for the world cup, the Australian High Commission here said the number of tourist visa applications received this January was 37% higher than the same month last year.

"These sports events are the new holiday (and) travel destinations of well-heeled Indians, especially the superrich," said T C Guruprasad, managing director at Centrum Direct, which has processed around 500 visas for Australia for the world cup through its travel arm Club7 Holidays. "For a minimum one match holiday people are spending close to Rs 1.5 lakh whereas those planning an Australian holiday around the matches are spending up to Rs 12 lakh," he added. READ ALSO: World Cup calls Indian fans pad up to visit Australia

Dr B N Raghukumar, a doctor based in Mumbai, will take a 12-day tour of Australia with seven family members. Not only has he booked the best seats inside the stadium for the India-Pakistan match on February 15, but also ensured top hotels for stay. "Centrum helped me customise our holiday around the India-Pakistan match and let us choose hotels of our choice like Palazzo Versace at Gold Coast (Queensland), Four Seasons in Sydney and Crowne Plaza in Melbourne," he said. The group is spending Rs 25.69 lakh in all.

While Tourism Australia said about 6,000 Indians will travel for the world cup, the Australian High Commission here said the number of tourist visa applications received this January was 37% higher than the same month last year.

"There isn't a huge demand, but it is surely better than the usual demand for Australia," said Mayank Khandwala, co-founder of Mumbai-based Cutting Edge Travels, one of the official travel agents for the ICC Cricket World Cup.

He said school board exams in the country almost coinciding with match dates has turned out to be a bit of a dampener.

Cutting Edge Travels will send between 500 and 800 people for the World Cup, Khandwala said. "This would include individual travellers as well as people being sent by corporates such as Reliance Communications, Samsung, LG, Greenply, HDFC Bank and others."

Some corporates are sending top performing retailers, distributors and dealers. Centrum, too, is organising holiday for a MICE group of 600 people to Australia and New Zealand for three clients with a grand launch on the eve of the India-South Africa match.

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ICC World Cup brings bonanza for travel cos as 6,000 Indians fly to Australia

New Zealand conditions suit India more than Australia: Mohinder Amarnath

India play their first four World Cup league fixtures in Australia, after which they travel to New Zealand to play two matches.

New Delhi: Former India cricketer Mohinder Amarnath believes that conditions in New Zealand will suit Indian batsmen better than those in Australia at the 2015 World Cup which starts on Saturday.

"The conditions in New Zealand will provide Indian batsmen more opportunity and options. It will suit their style because New Zealand wickets - though they may seem so - are not as quick as Australian wickets. Plus smaller grounds will come handy for Indian batsmen," Amarnath, who was part of the 1983 World Cup-winning India squad, told IANS in an interview.

India play their first four World Cup league fixtures in Australia, after which they travel to New Zealand to play two matches against minnows Ireland and Zimbabwe March 10 and 14, respectively.

Amarnath, who is famously known for clinching the World Cup-winning wicket in the 1983 final against the West Indies, said one of the reasons for India's failure in Australia has been the inability of the batsmen to adjust to the conditions Down Under.

"The way Indian players bat against quick bowlers, specially in Australia, they have not been able to adjust to the pace and bounce. Probably they are trying to play too many shots which they have not been able to play successfully because of their style, balance and technique," said the 64-year-old, who was Man-of-the-Series at the 1983 World Cup.

India have been in Australia for more than two-and-a-half months during which they lost the four-match Test series 0-2, lost all games and failed to make the final of the One-Day International (ODI) tri-series against Australia and England. More recently, they were once again hammered by Australia in a World Cup warm-up fixture by 106 runs.

"The important factor from the batting point of view is that the top order needs to have a good start and someone has to carry on the innings till the end and only then you have a chance to put pressure on the opponents," added the former all-rounder, who was also Man-of-the-Match in the 1983 World Cup final.

"In Australia and New Zealand, if you are a good backfoot player, you score a lot of runs because this is what they are going to get from bowlers, they are not going to pitch them up."

Though India haven't had a good Australian summer, Amarnath says there is not much to worry about when asked about the chances of the champions defending the title.

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New Zealand conditions suit India more than Australia: Mohinder Amarnath

Software behind 'Big Hero 6' pushes envelope on computer animation

"Big Hero 6" has been a critical and commercial hit for Walt Disney Animation Studios, scoring an Oscar nomination and taking in more than $500 million at the box office.

But the more important number may be the 39,000 hours Disney Animation spent developing the computer program that made the movie possible.

The software, called Hyperion, simulates the physics of light, which can make animated films more lifelike or give them an otherworldly look.

FULL COVERAGE: Oscars 2015

It's the latest salvo in a technological arms race among animation houses. One of Disney's rivals, DreamWorks Animation, had a research and development group of about 120 people as of last year among them nearly a dozen former employees of NASA's Jet Propulsion Laboratory in Pasadena.

Disney Animation's sister company, Pixar, has long been a trailblazer, producing the first feature-length computer-animated film, 1995's "Toy Story."

But Hyperion could transform animation.

"It's a major step for them," said Dan Sarto, co-founder and publisher of Animation World Network. "They are only as good as the tools they allow their artists to use."

Computer-animated films are big business: In most years, a handful rank among the top 10 U.S. box-office hits. They can also generate toys, clothes and other products that will produce big profits.

Disney Animation's "Frozen" grossed more than $1 billion and has bolstered profits for several business units of the studio's parent, Burbank-based Walt Disney Co.

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Software behind 'Big Hero 6' pushes envelope on computer animation

Okyanos Stem Cell Therapy Launches Orthopedic Lifestyle Survey

Freeport, Grand Bahama (PRWEB) March 09, 2015

Okyanos, the leader in cell therapy, launched its next in a series of studies today to determine the emotional impact and lifestyle influence orthopedic conditions such as osteoarthritis and sports-related injuries have had on those affected. The survey focuses on people between the ages of 55 and 75 living with orthopedic health issues and is designed to examine the toll on those afflicted as well as their relationships.

According to Okyanos VP Marketing Carol Montgomery, Millions of people suffer disorders of the joints, bones, muscles and connective ligaments, tendons and cartilage debilitating conditions on a daily basis, ranging from reduced function to crippling pain but have exhausted available methods of treatment. These restrictions affect them in a variety of ways and our ongoing lifestyle surveys measure the effects such chronic conditions have on todays aging population. Many are turning to solutions like adult stem cell therapy for treatment with excellent results.

The Okyanos Lifestyle and Relationship Survey for Heart Disease, of nearly 700 adults, uncovered a staggering 93% were open to alternatives to their existing heart disease treatment plan showing a growing discontent with their current options. A majority 68% were emotionally impacted and felt they were saddled with restrictions imposed by their heart conditions such as chronic fatigue and shortness of breath.

Adult stem cell therapy has emerged as a new treatment alternative for those who are restricted in activities they can no longer do but are determined to live a more normal life. Okyanos cell therapy uses a unique blend of adult stem and regenerative cells derived from a patients own fat tissue, thereby utilizing the bodys own natural biology to heal itself.

Just 50 miles from US shore, Okyanos cell therapy is available to patients suffering with the daily discomfort of orthopedic conditions including osteoarthritis, rheumatoid arthritis, sports-related injuries and spine disease.

Patients with a severe orthopedic condition, interested in participating in the study can go to: https://www.surveymonkey.com/s/ortho_Okyanos

For a copy of the Okyanos Heart Disease Lifestyle Report that reveals the emotional toll and lifestyle impact heart disease has on patients in the United States, visit: Heart Disease Lifestyle Report

Patients can contact Okyanos to learn more and request a free consultation at http://www.Okyanos.com or by calling 1-855-659-2667.

About Okyanos: (Oh key AH nos) Based in Freeport, Grand Bahama, Okyanos brings a new standard of care and a better quality of life to patients with coronary artery disease, tissue ischemia, autoimmune diseases, and other chronic neurological and orthopedic conditions. Okyanos Cell Therapy utilizes a unique blend of stem and regenerative cells derived from patients own adipose (fat) tissue which helps improve blood flow, moderate destructive immune response and prevent further cell death. Okyanos is fully licensed under the Bahamas Stem Cell Therapy and Research Act and adheres to U.S. surgical center standards. The literary name Okyanos, the Greek god of the river Okyanos, symbolizes restoration of blood flow.

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Okyanos Stem Cell Therapy Launches Orthopedic Lifestyle Survey

MS stem cell treatment hailed 'miraculous' as patients make dramatic recovery

Pioneering treatment has allowed wheelchair-bound patients to run again Patient given high dose of chemotherapy to wipe out faulty immune system Therapy then uses person's own stem cells to fight the devastating disease It may be the first ever treatment tosuccessfullyreverse symptoms of MS

By Fiona Macrae for the Daily Mail

Published: 13:27 EST, 1 March 2015 | Updated: 02:54 EST, 2 March 2015

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Britons left wheelchair-bound by multiple sclerosis can walk, run and even dance again after being given a pioneering stem cell treatment.

Doctors have described the recoveries as miraculous, while patients say they have been given their lives back.

The treatment uses a patients own stem cells the bodys master cells to fight the disease.

Recovery: MS sufferer Holly Drewerybecame wheelchair-bound after the birth of daughter Isla, but thanks tothe stem cell transplant shecan dance, run and chase after Isla in the park

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MS stem cell treatment hailed 'miraculous' as patients make dramatic recovery

The International Society for Stem Cell Research announces annual meeting details

CHICAGO -- The International Society for Stem Cell Research's 13th annual meeting will take place June 24-27, 2015 at the Stockholmsmssan Exhibition and Convention Center in Stockholm, Sweden. The meeting will bring together approximately 4,000 stem cell scientists, bioethicists, clinicians and industry professionals from over 50 countries to present and discuss the latest discoveries and technologies within the field.

"The ISSCR is excited to bring its annual meeting to Stockholm, a city that shares our passion and reputation for great scientific research and collaboration," said ISSCR President Rudolf Jaenisch, M.D., Whitehead Institute for Biomedical Research. "We look forward to learning more about the strong work being done in Sweden and across Europe."

The meeting will open with the Presidential Symposium on June 24 from 1:15-3:15 p.m. local time. The symposium sets the stage for the meeting with world renowned speakers, including Nobel Prize winner Shinya Yamanaka. It is also the platform for the formal recognition of the 2015 recipients of the McEwen Award for Innovation and the ISSCR Public Service Award. Another prestigious award, the ISSCR-BD Biosciences Outstanding Young Investigator Award, will be presented during Plenary VI on June 27 from 9-11:20 a.m. and followed by an award lecture.

"I look forward to the Presidential Symposium setting the tone for the entire program," Jaenisch said. "A thread throughout will be the use of stem cells to drive our understanding of development and disease, as we explore disease modeling, gene and tissue engineering technologies and other important advances that are bringing stem cells into the clinic."

Presidential Symposium speakers will include:

Fred H. Gage, Ph.D., Salk Institute for Biological Sciences, U.S.

Jrgen Knoblich, Ph.D., Institute of Molecular Biotechnology, Austria

Shinya Yamanaka, M.D., Ph.D., Center for iPS Cell Research & Application, Japan

Jeannie Lee, M.D., Ph.D., Massachusetts General Hospital, U.S.

The McEwen Award for Innovation award winners (Presidential Symposium):

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The International Society for Stem Cell Research announces annual meeting details

'Stem cell' test could identify most aggressive breast cancers

Testing breast cancer cells for how closely they resemble stem cells could identify women with the most aggressive disease, a new study suggests.

Researchers found that breast cancers with a similar pattern of gene activity to that of adult stem cells had a high chance of spreading to other parts of the body.

Assessing a breast cancer's pattern of activity in these stem cell genes has the potential to identify women who might need intensive treatment to prevent their disease recurring or spreading, the researchers said.

Adult stem cells are healthy cells within the body which have not specialised into any particular type, and so retain the ability to keep on dividing and replacing worn out cells in parts of the body such as the gut, skin or breast.

A research team from The Institute of Cancer Research, London, King's College London and Cardiff University's European Cancer Stem Cell Research Institute identified a set of 323 genes whose activity was turned up to high levels in normal breast stem cells in mice.

The study is published today (Wednesday) in the journal Breast Cancer Research, and was funded by a range of organisations including the Medical Research Council, The Institute of Cancer Research (ICR), Breakthrough Breast Cancer and Cancer Research UK.

The scientists cross-referenced their panel of normal stem cell genes against the genetic profiles of tumours from 579 women with triple-negative breast cancer - a form of the disease which is particularly difficult to treat.

They split the tumour samples into two categories based on their 'score' for the activity of the stem cell genes.

Women with triple-negative tumours in the highest-scoring category were much less likely to stay free of breast cancer than those with the lowest-scoring tumours. Women with tumours from the higher-scoring group had around a 10 per cent chance of avoiding relapse after 10 years, while women from the low-scoring group had a chance of around 60 per cent of avoiding relapse.

The results show that the cells of aggressive triple-negative breast cancers are particularly 'stem-cell-like', taking on properties of stem cells such as self-renewal to help them grow and spread. They also suggest that some of the 323 genes could be promising targets for potential cancer drugs.

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'Stem cell' test could identify most aggressive breast cancers