‘It’s very powerful’: The promise and potential of quantum computers – AOL

TAMPA, Fla. - Quantum computers are still in development, but the early developments show how this emerging technology can transform our world in ways we cant even fully predict.

"Honestly, they're not 100% sure what exactly they're going to be able to use it for yet except that its very powerful and can generate very complex numbers," said Toms Hardware Editor Tom Freedman.

To understand what a quantum computer is and how it works, lets start with traditional computers.

RELATED: The Quantum Leaps physicists made in science and how it's changing our lives

The computers we use today work by transmitting and receiving rapid pulses of electricity. Those electrical pulses carry intricate codes in a string of zeroes and ones that flow in and out of the chips (or brains) of our computers.

The chips coordinate, interpret and transmit the codes to our monitors to form images, to apps to perform calculations, etc.

A quantum computer uses subatomic particles within tiny circuits called Qubits, and those particles or Qubits that are entangled (or linked together), so they connect and function in tandem. And as strange as it sounds as we learned from the laws of quantum mechanics those subatomic particles are also in different positions at the same time.

"When you have a traditional computer, its on or off. It uses these things called bits: 1-0, on-off, yes-no," Freedman noted. "Quantum computing is both on and off at the same time. Its this weird head space. They'll stack these things called cubits together. And in really cold rooms, they can use them to measure multiple values at once using quantum mechanics."

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In other words, a Qubit can multitask in ways a traditional computer cannot.

Scientists hope these exponentially faster and more powerful Qubits could give us precise times and locations of natural disasters, develop far more advanced medicine, solve our traffic woes, help us take the next giant leaps in space and help us reign in the effects of climate change.

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'It's very powerful': The promise and potential of quantum computers - AOL

We’re on the brink of the biggest changes to computing’s DNA and it’s not just quantum that’s coming – PC Gamer

This article was originally published on 30th June this year and we are republishing it today as part of a series celebrating some of our favourite pieces from the past 12 months.

Read more: the future of CPUs

Computers are built around logic: performing mathematical operations using circuits. Logic is built around things such as Addersnot the snake; the basic circuit that adds together two numbers. This is as true of today's microprocessors as all those going back to the very beginning of computing history. You could go back to an abacus and find that, at some fundamental level, it does the same thing as your shiny gaming PC. It's just much, much less capable.

Nowadays, processors can do a lot of mathematical calculations using any number of complex circuits in a single clock. And a lot more than just add two numbers together, too. But to get to your shiny new gaming CPU, there has been a process of iterating on the classical computers that came before, going back centuries.

As you might imagine, building something entirely different to that is a little, uh, tricky, but that's what some are striving to do, with technologies like quantum and neuromorphic computingtwo distinct concepts that could change computing for good.

"Quantum computing is a technology that, at least by name, we have become very accustomed to hearing about and is always mentioned as 'the future of computing'," says Carlos Andrs Trasvia Moreno, software engineering coordinator at CETYS Ensenada.

Quantum computers utilise qubits, or quantum bits. Unlike a classical bit, which can only exist in one of two states, these qubits can exist in two states and a superposition of those two states. It's zero, one, or both zero and one at the same time. And if that sounds awfully confusing, that's because it is, but it also has immense potential.

Quantum computers are expected to be powerful enough to break modern-day 'unbreakable' encryption, accelerate medicine discover, re-shape how the global economy transports goods, explore the stars, and pretty much revolutionise anything involving massive number crunching.

The problem is, quantum computers are immensely difficult to make, and maybe even more difficult to run.

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"One of the main drawbacks of quantum computing is its high-power consumption, since it works with algorithms of far greater complexity than that of any current CPU," Moreno continues. "Also, it requires an environment of near absolute zero temperatures, which worsens the power requirements of the system. Lastly, they are extremely sensitive to environmental disturbances such as heat, light and vibrations.

We're scratching the surface there with quantum computing.

"Any of these can alter the current quantum states and produce unexpected outcomes."

And while you can sort of copy the function of classical logic with qubitswe're not starting entirely at zero in developing these machinesto exploit a quantum computer's power requires new and complex quantum algorithms that we're only just getting to grips with.

IBM is one company investing heavily in quantum computing, aiming to create a quantum computer with 4,158 or more qubits by 2025. Google also has its fingers in quantum.

Admittedly, we're still a long way off ubiquitous 'quantum supremacy', which is the moment when a quantum computer is better than today's top classical supercomputers. Google did claim it did just that back in 2019, though that may have turned out to be something of a niche achievement, but nonetheless an impressive one. Either way, in practical terms, we're just not there yet.

They're a real pain to figure out, to put it scientifically. But that's never stopped a good engineer yet.

"I do think that we're scratching the surface there with quantum computing. And again, just like we broke the laws of physics with silicon over and over and over again, I think we break the laws of physics here, too," Marcus Kennedy, general manager of gaming at Intel, tells me.

Marcus Kennedy

There's more immediate potential for the future of computing in artificial intelligence, your favourite 2023 buzzword. But it really is a massive and life-changing development for many, and I'm not just talking about that clever-sounding, slightly-too-argumentative chatbot in your browser. We're only scratching the surface of AI's uses today, and to unlock those deeper, more impactful uses there's a whole new type of chip in the works.

"Neuromorphic computing is, in my mind, the most viable alternative [to classical computing]," Moreno says.

"In a sense, we could say that neuromorphic computers are biological neural networks implemented on hardware. One would think it's simply translating a perceptron to voltages and gates, but it's actually a closer imitation on how brains work, on how actual neurons communicate amongst each other through synapsis."

What is neuromorphic computing? The answers in the name, neuro, meaning related to the nervous system. A neuromorphic computer aims to imitate the greatest computer, and most complex creation, ever known to man: the brain.

"I think we'll get to a place where the processing capability of those neuromorphic chips far outstrips the processing capability of a monolithic die based on an x86 architecture, a traditional kind of architecture. Because the way the brain operates, we know it has the capacity and the capability that far outstrips anything else," Kennedy says.

"The most effective kind of systems tend to look very much like things that you see in nature."

Neuromorphic chips are yet to reach their breakthrough moment, but they're coming. Intel has a couple of neuromorphic chips in development today, Loihi and Loihi 2.

And what is a neuromorphic chip, really? Well, it's a brain, with neurons and synapses. But since they're still crafted from silicon, think of them as a sort of hybrid of a classical computer chip and the biology of the brain.

And not necessarily a big brainLoihi 2 has 1 million neurons and 120 million synapses, which is many orders of magnitude smaller than a human brain with roughly 86 billion neurons and trillions of synapses. It's hard to count them all, as you might imagine, so we don't really know precisely, but we have big ol' brains. You can brag about that all you want to your smaller-brained animal companions.

A cockroach is estimated to have as many synapses as Loihi 2, for a better understanding of the grey matter scale we're talking about here.

"We claim you don't need to be that complex that the brain has its function, but if you're going to do computing, you just need some of the basic functions of a neuron and synapse to actually make it work," Dr. Mark Dean told me in 2021.

Dr. Mark Dean

Neuromorphic computing has a lot of room to grow, and with a rapidly growing interest in AI, this nascent technology may prove to be the key to powering those ever-more-impressive AI models you keep reading about.

The amount of processing power would surpass any of the existing products with just a fraction of the energy.

You might think that AI models are running just fine today, which is primarily thanks to Nvidia's graphics cards running the show. But the reason neuromorphic computing is so tantalising to some is "that it can heavily reduce the power consumption of a processor, whilst still managing the same computational capabilities of modern chips," Moreno says.

"In comparison, the human brain is capable of hundreds of teraflops of processing power with only 20 watts of energy consumption, whilst a modest graphics card can output 40-50 teraflops of power with an energy consumption of 450 watts."

Basically, "If a neuromorphic processor were to be developed and implemented in a GPU, the amount of processing power would surpass any of the existing products with just a fraction of the energy."

Sound appealing? Yeah, of course it does. Lower energy consumption isn't only massive for the potential computing power it could bring about, it's massive for using less energy, which has knock-on effects for cooling, too.

"Changing the architecture of computing would also require a different programming paradigm to be implemented, which in its own will also be an impressive feat," Moreno continues.

Building a neuromorphic chip is one thing, programming for it is something else. That's one reason why Intel's neuromorphic computing framework is open-source, you need a lot of hands on deck to get this sort of project off the ground.

"The thing that we haven't cracked yet is the software behind how to leverage the structure," Kennedy says. "And so you can create a chip that looks very much like a brain, the software is really what makes it function like a brain. And to date, we haven't cracked that nut."

It'll take some time before we entirely replace AI accelerators with something that resembles a brain. Or Adders and binary functions, that are as old as computing itself, with quantum computers. Yet experiential attempts have already begun to replace classical computing as we know it.

A recent breakthrough claimed by Microsoft sees the company very bullish on quantum's future, and there's also recently been IBM predicting quantum computers will outperform classical ones in important tasks within two years.

In the words of Intel's Kennedy, "I think we're getting there."

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We're on the brink of the biggest changes to computing's DNA and it's not just quantum that's coming - PC Gamer

Quantum Computing Explained: A Simple Dive into the Future of Tech – ELE Times

What is Quantum Computing?

Utilizing the ideas of quantum mechanics to carry out computations, quantum computing is a paradigm shift in computing. Quantum computers employ quantum bits, or qubits, which can exist in numerous states concurrently due to the laws of superposition and entanglement. This is in contrast to classical computers, which use bits as binary units (0 or 1).

Quantum Computing History

Physicist Richard Feynman first introduced the idea of quantum computing in the early 1980s as a way to emulate quantum systems. David Deutsch later came up with the name quantum computing in 1985. But the first quantum algorithms, like Grovers and Shors, didnt show off the potential capabilities of quantum computing until the late 1990s.

Types of Quantum Computing

Although there are many ways to create quantum computers, gate-based quantum computing and quantum annealing are the two primary varieties. Quantum gates are used by gate-based quantum computers, like those made by Google and IBM, to control qubits. D-Wave and other quantum annealers use quantum annealing to solve optimization issues.

How Does Quantum Computing Work?

The concepts of superposition and entanglement are used in quantum computing to carry out intricate calculations. Because qubits can exist in several states at once, quantum computers can process enormous volumes of data at once. Qubits are manipulated by quantum gates to carry out operations, and the outcome is determined by measuring the final state.

Quantum Computing Applications

Quantum computing holds promise for a wide range of applications, including:

Quantum Computing Technology

Technologies for quantum computing are being actively developed by several businesses and academic institutes. IBM, Google, Microsoft, Rigetti, IonQ, and D-Wave are some of the major participants. Usually kept in specially designed buildings with extremely low temperatures to minimize interference from outside sources, quantum computers are stored there.

Quantum Computing Advantages

Quantum Computing Disadvantages

Future of Quantum Computing

Quantum computing has immense potential for revolutionary developments in the future. Researchers work to address issues like mistake rates and scalability as technology advances. It is already possible for quantum computers to achieve quantum supremacy, wherein they surpass classical computers in specific tasks. It is anticipated that further advancements in quantum hardware and algorithms will open up new avenues and influence the direction of computing in the future.

In conclusion, quantum computing is an exciting new area of technology that has the potential to completely transform several different sectors. Even while quantum computing is still in its infancy, its quick development and growing interest from academia and industry point to a bright future. We may expect a quantum leap in computational power and efficiency as long as researchers keep overcoming obstacles.

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Quantum Computing Explained: A Simple Dive into the Future of Tech - ELE Times

The Emergence of Quantum Computing: Advancements, Challenges, and Future Prospects – Medriva

The Emergence of Quantum Computing

Quantum computing is an emergent computational paradigm that uses quantum bits or qubits as the basic units of information. This unique approach allows for massive parallelism and complex computation through quantum effects and entanglement. Unlike traditional bits that can be either a 0 or a 1, qubits can be in a state of superposition, being both 0 and 1 simultaneously. This feature, along with entanglement, where qubits become interconnected and the state of one can instantly affect the state of another, is what enables quantum speedups.

A notable achievement in quantum computing is the demonstration of quantum supremacy, where a quantum computer performs a task faster than any classical computer. This supremacy has been achieved in experimental setups for specific problems, such as integer factorization using Shors landmark quantum algorithm. This has valuable real-world implications in areas like cryptography. Quantum simulation is another promising domain where quantum computing can have a significant advantage.

While quantum computing poses exciting possibilities, there are tangible challenges to overcome. Fragile qubit coherence times, the engineering scalability of qubit arrays, and operational errors are among the difficulties faced in the field. However, steady experimental progress and cutting-edge technological advancements, such as IBMs 433 qubit powerful Osprey processor, are paving the way towards more robust and efficient quantum processors.

As quantum computing evolves, the risk it poses to existing encryption systems becomes increasingly apparent. The computational prowess of quantum machines threatens to render current cryptographic defenses obsolete. However, initiatives are underway to develop quantum resistant cryptography and quantum key distribution to safeguard digital communications. Post quantum algorithms are also being developed, which are based on complex mathematical problems with no known solutions, ensuring long-term security in the quantum era.

Quantum computing also holds implications for blockchain technology. It has the potential to optimize blockchain by accelerating the mining process, execution of smart contracts, and enhancing security with post quantum algorithms. However, the transition to quantum safe solutions poses challenges in terms of development, implementation, and maintaining the scalability and efficiency of blockchain transactions.

Despite the challenges and threats, the potential of quantum computing is immense. It promises to solve problems currently deemed insurmountable by classical computing. Experts argue that the future of quantum computing lies in small, steady improvements rather than revolutionary leaps. Once integrated effectively, these improvements could lead to the construction of increasingly larger and more powerful quantum systems, revolutionizing numerous fields of study and transforming the world as we know it.

In conclusion, while quantum computing is surrounded by hype, its not just an illusion. Its a rapidly evolving field with significant challenges to overcome, but its potential to reshape our world is undeniable.

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The Emergence of Quantum Computing: Advancements, Challenges, and Future Prospects - Medriva

Quantum Computing and AI: Basics and Quantum Algorithms | by Aamir Aftab | Dec, 2023 – Medium

The intersection of quantum computing and artificial intelligence (AI) represents one of the most intriguing frontiers in modern technology. While both fields have made significant strides independently, their convergence promises revolutionary advances in computation, data processing, and problem-solving. In this blog post, we will delve into the basics of quantum computing, explore its relevance to AI, and discuss some quantum algorithms that hold promise for the future.

Quantum Computing: A Brief Overview

To understand the potential synergy between quantum computing and AI, its essential first to grasp the fundamentals of quantum computing. Traditional computers use bits binary units of 0s and 1s to store and process information. In contrast, quantum computers leverage quantum bits, or qubits, which can exist in multiple states simultaneously due to the principles of superposition and entanglement.

Superposition allows a qubit to represent both 0 and 1 simultaneously, exponentially increasing computational power. Entanglement, on the other hand, enables qubits to be correlated in such a way that the state of one qubit instantaneously influences the state of another, regardless of distance.

Quantum Computing and AI: A Symbiotic Relationship

The marriage between quantum computing and AI is not merely a theoretical concept but a practical necessity. As AI algorithms grow more complex, the computational demands skyrocket, often exceeding the capabilities of classical computers. Quantum computing offers the potential to overcome these limitations, enabling more efficient algorithms, faster computations, and groundbreaking applications.

Quantum Algorithms for AI

Challenges and Considerations

While the potential benefits of integrating quantum computing and AI are tantalizing, several challenges and considerations warrant attention:

Conclusion

The convergence of quantum computing and AI heralds a new era of technological innovation, offering transformative opportunities across various industries, from healthcare and finance to cybersecurity and logistics. While the path forward is fraught with challenges and uncertainties, the potential rewards justify the investment and exploration of this burgeoning field.

As researchers, scientists, and innovators continue to push the boundaries of quantum computing and AI, collaboration, knowledge-sharing, and interdisciplinary expertise will be crucial. By fostering a symbiotic relationship between quantum computing and AI, we can unlock unprecedented capabilities, solve complex problems, and shape a future defined by innovation, discovery, and progress.

Quantum algorithms hold promise for revolutionizing AI applications, enhancing computational efficiency, and driving advancements in science, technology, and society. As we navigate this exciting frontier, embracing curiosity, collaboration, and creativity will be key to realizing the full potential of quantum computing and AI.

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Quantum Computing and AI: Basics and Quantum Algorithms | by Aamir Aftab | Dec, 2023 - Medium

What Quantum Computing Will Mean for the Future Artificial Intelligence – Medium

Todays artificial intelligence (AI) systems are only as good as the data theyre trained on. The AI industry is currently taking advantage of large datasets to train AI models and make them more useful. However, as these datasets are becoming limited, researchers are exploring other ways to improve AI algorithms. One such way is quantum computing. It is a new frontier of computer science that will enable better AI algorithms shortly.

Atoms make up our world, and they and their constituents have baffling yet interesting properties. For example, electrons have spin and orbit that can be either up. In addition, they can be in any of the infinite discrete energy levels. These properties determine the quantum states of atoms. At a subatomic level, everything exists as quantum states rather than as traditional logical on or off values. This phenomenon gave rise to quantum computing. It has the potential to change how we see artificial intelligence forever.

Quantum computing is an entirely different way of studying the world around us. It does not just focus on the properties of atoms and molecules. It takes a look at the subatomic properties of atoms that are actually in superposition. That is, they exist in multiple states at the same time. This is one of the principles of quantum mechanics that enable subatomic particles to exist as both particles and waves at the same time.

These principles are strange and counterintuitive. According to them, a computing system cannot only store and process data in binary bits, 0s and 1s. Or in more electronic engineering terms, the state of off and on of an electronic switch. It can also store and process data in superposed states of not on or off but the combination thereof. By harnessing these principles, quantum computers can solve complex problems much faster than traditional computers.

Quantum computers are a variety of different supercomputers based on quantum mechanics. These quantum computers use the laws of quantum mechanics to process information. That means they can find patterns in big data that are almost impossible to find with conventional computers. This way, they are fundamentally different from the computers we use today.

When it comes to artificial intelligence, quantum computing can analyze a wider variety of data. At the same time, they can come to better conclusions than computers today. Conventional computers can only process information as either 1s or 0s. Quantum computers can process information in multiple states known as qubits at once. That enables them to analyze a wider variety of data and come to better conclusions than computers can today.

Artificial intelligence has come a long way in the past few years. It has been able to generate realistic 3D images and videos. In addition, it is beginning to embrace quantum computing. That has given rise to quantum AI. Artificial intelligence now leverages quantum computers. And their full integration will be a technological revolution of the century.

There are several benefits of using quantum AI in creative industries. I have already made it clear it can handle large data sets faster and more efficiently than traditional AI technologies. It can also identify patterns that are difficult for regular computers to spot. Furthermore, it can combine and rearrange existing ideas. Hence it can create new ideas in ways that any human cannot imagine possible.

One of the biggest hurdles for artificial intelligence today is training the machine to do something useful. For example, we might have a model that can correctly identify a dog in a photo. But the model will need to be trained with tens of thousands of images for it to recognize the subtle differences between a beagle, a poodle, and a Great Dane. This process is what AI researchers call training. They use it to teach AI algorithms to make predictions in new situations.

Quantum computing can make this training process faster and more accurate. It will allow AI researchers to use more data than they have ever used before. It can process large amounts of data in 1s and 0s and the combination thereof which will enable quantum computers to come to more accurate conclusions than traditional computers. In other words, AI researchers can use larger datasets to train AI models to be more accurate and better at decision-making.

One of the most exciting predictions for quantum computing in artificial intelligence is the potential to break through language barriers. AI models can currently understand one language the language used to train them. so if we need AI to understand a different language, we shall need to teach it from scratch. However, quantum computing can help AI models break through language barriers. It will allow us to train models in one language and translate them into a different language effortlessly.

That will enable AI to understand and interpret different languages simultaneously. What this will do is create a global AI that can speak multiple languages. Another exciting prediction for the future of AI with quantum computing is the potential to build models with more accurate decision-making skills: Quantum computing will allow using larger datasets to train models. Hence AI will be able to make more accurate decisions that will be especially helpful for financial models, which often have a high rate of inaccuracy because of the limited data used to train them.

Artificial intelligence is already improving the performance of quantum computers. This trend will only continue in the future. The following are some reasons why:

The potential of quantum computing is limitless, but its integration into artificial intelligence will produce a technology that will be rather powerful than anything we have today. The new technology will enable machines to learn and self-evolve. It will make them exponentially better at solving complex problems and developing self-learning algorithms that will drive efficiency in sectors such as finance or healthcare.

Quantum AI systems will be able to process large amounts of information quickly and accurately. That will open up a new world of possibilities for businesses and individuals. They will also be able to solve complex problems that are impossible for even the most advanced conventional computer systems.

Nevertheless, we must remember that these technologies are relatively new; we are still discovering new ways to use quantum computing. Therefore, we must be aware of the latest technology to take advantage of new opportunities as they come along.

The rise of quantum computing will change the way we interact with AI in the future. That means we must stay informed so we can prepare for the changes and make the most of this exciting technology.

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What Quantum Computing Will Mean for the Future Artificial Intelligence - Medium

The Quantum Leap: Revolutionizing Computing and Its Impact – Medium

Supercomputers have their limitations. Fortunately, a new technology is emerging. Its the quantum computer, utilizing phenomena at the atomic and subatomic levels. Quantum computer Chalmers [Photo: Anita Fors (Chalmers), CC BY-SA 4.0, via Wikimedia Commons]

Our civilization largely operates today due to computers and the data they process. However, when significant computational power is required, the existing silicon-based technology falls short. Hence, companies like IBM, Google, Microsoft, Alibaba, and a few others are currently working on prototype inventions. This is about quantum computing.

Major companies understand that whoever first masters quantum computations will gain a significant advantage over competitors. Computers based on this technology will be able to swiftly sift through massive amounts of data. They will also enable modeling complex physical or biochemical phenomena.

Quantum computers perform computations not on bits, which can hold values of 0 or 1, but on so-called qubits. These can hold different values simultaneously. Scientists leverage the principles governing the world of elementary particles to create computational machines.

Conventional computers conduct calculations on sequences of bits zeros and ones. Quantum computers employ quantum bits or qubits, which can assume both these values simultaneously this is called superposition. This exponential increase in computational power occurs as a result. Quantum computers can perform operations in one fell swoop that would take classical machines an enormous amount of time. Qubits can be constructed from individual elementary particles like electrons, atoms, or slightly larger entities loops of superconductors through which current flows incessantly.

In the realm of quantum physics, there exists a strange and not entirely understood relationship between elementary particles such as electrons. When we entangle them (for example, by bringing them close together), their fates become closely intertwined. If we then alter the properties of one, the other

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The Quantum Leap: Revolutionizing Computing and Its Impact - Medium

Health Benefits of Grapes: Unpacking Resveratrol, Skin Health, and Cardiovascular Benefits – Medriva

Grapes, particularly red and purple ones, are more than just tasty fruits. They carry an impressive array of potential health benefits, thanks to the high levels of resveratrol they contain. This antioxidant is linked to the prevention of various types of cancer, including breast, liver, and stomach cancer. But the power of grapes and resveratrol extends far beyond this, offering a range of other health and wellness advantages.

Resveratrol is a powerful phytonutrient found in certain plants and fruits, including grapes. It boasts antioxidant and anti-inflammatory effects, contributing significantly to its health benefits. Not only can resveratrol protect the body from oxidative stress and inflammation, but it also aids in the prevention of some types of cancer. Its antioxidant capacities also improve skin appearance, reduce blood cholesterol levels, and promote overall well-being. Although resveratrol can be consumed through supplements, it is also abundant in natural grape juice, red wine, and cocoa. However, it is important to note that excess resveratrol can cause gastrointestinal disorders and that supplements should be used under the guidance of a healthcare professional.

Its not just the fruit of the grape vine that carries health benefits. Grape stems, rich in phenolic compounds, have emerged as a valuable natural ingredient in the cosmetics industry. These compounds have strong antioxidant and anti-inflammatory properties, promoting skin health, combatting signs of aging, and shielding skin from environmental stressors. The antioxidant abilities of these compounds effectively fight free radicals, which can accelerate aging. Moreover, grape stem extracts can soothe irritated skin and reduce redness, offering effective and eco-friendly solutions for skin care.

Resveratrols health benefits extend to the cardiovascular system. This chemical compound is known for its effectiveness in treating cardiovascular diseases, allergies, and obesity. Its anti-obesity properties aid in lowering insulin levels and improving glycemic control. While generally safe, high dosages of resveratrol can lead to gastrointestinal issues. Pregnant women, infants, and people with bleeding disorders should exercise caution.

Among the different types of grapes, red grapes stand out for their health benefits. They contain higher resveratrol content compared to green and black grapes, making them a healthier choice. The resveratrol in red grapes is linked to heart health, antioxidant properties, anti-inflammatory effects, and potential cancer prevention. Incorporating red grapes into daily diets can be an easy and delicious way to boost health.

Polyphenols, a group of naturally occurring antioxidants found in plant-based foods and supplements, are another health benefit of grapes. These compounds have anti-inflammatory benefits and protect against diseases like cancer, cardiovascular diseases, and neurodegenerative diseases. Over 8,000 unique polyphenols are found in foods like fruits, vegetables, teas, wines, olive oil, and spices. Consuming polyphenols can reduce the risk of chronic diseases, improve vascular function, and have anti-cancer effects. They can also reduce oxidative stress and have anti-aging properties. Incorporating polyphenols into your diet can provide many health benefits.

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Health Benefits of Grapes: Unpacking Resveratrol, Skin Health, and Cardiovascular Benefits - Medriva

Novel Switch Promises Safer Gene Therapy On-Demand – Mirage News

Just like a doctor adjusts the dose of a medication to the patient's needs, the expression of therapeutic genes, those modified in a person to treat or cure a disease via gene therapy, also needs to be maintained within a therapeutic window. Staying within the therapeutic window is important as too much of the protein could be toxic, and too little could result in a small or no therapeutic effect.

Although the principle of therapeutic window has been known for a long time, there has been no strategy to implement it safely, limiting the potential applications of gene therapy in the clinic. In their current study published in the journal Nature Biotechnology, researchers at Baylor College of Medicine report on a technology to effectively regulate gene expression, a promising solution to fill this gap in gene therapy clinical applications.

"Although there are several gene regulation systems used in mammalian cells, none has been approved by the U.S. Food and Drug Administration for clinical applications, mainly because those systems use a regulatory protein that is foreign to the human body, which triggers an immune response against it," said corresponding author Dr. Laising Yen, associate professor of pathology and immunology and of molecular and cellular biology at Baylor. "This means that the cells that are expressing the therapeutic protein would be attacked, eliminated or neutralized by the patient's immune system, making the therapy ineffective."

For more than a decade, Yen and his colleagues have been working on this technology and now they have found a solution to overcome the main obstacles in its clinical use. "The solution we found does not involve a foreign regulatory protein that will evoke an immune response in patients. Instead, we use small molecules to interact with RNA, which typically do not trigger an immune response," Yen said. "Other groups also have made attempts to resolve this critical issue, but the drug concentrations they used are beyond what the FDA has approved for patients. We were able to engineer our system in such a way that it works at the FDA-approved dosage."

A switch to turn genes on/off on cue

Yen and his colleagues developed a system that turns genes on to different levels on cue using small molecules at FDA-approved doses. The switch is placed in the RNA, the copy of genetic material that is translated into a protein. This approach allows the researchers to control the protein's production a step back by controlling its RNA.

The RNA of interest is first engineered to contain an extra polyA signal, akin to a "stop sign" that genes naturally use to mark the end of a gene. When the machinery of the cell detects a polyA signal in the RNA, it automatically makes a cut and defines the cut point as the end of the RNA. "In our system, we use the added polyA signal, not at the end, but at the beginning of the RNA, so the cut destroys the RNA and therefore the default is no protein production. It is turned off until we turn it on with the small molecule," Yen said.

To turn on the gene at the desired level, the team engineered a switch on the RNA. They modified a section of the RNA near the polyA signal such that it can now bind to a small molecule, FDA-approved tetracycline in this case. "When tetracycline binds to that section that functions as a sensor on the RNA, it masks off the polyA signal, and the RNA will now be translated into protein," Yen said.

Imagine the now possible future situation. A patient has received gene therapy that provides a gene to compensate for a malfunctioning gene that causes a medical condition. The gene the patient received has the switch, which allows the physician to control the production of the therapeutic protein. If the patient only requires a small amount of the therapeutic protein, then he/she will only take a small dose of tetracycline, which will turn on the therapeutic gene only a little. If the patient needs more therapeutic protein, then he/she would take more tetracycline to boost production. To stop production of the therapeutic protein, the patient stops taking tetracycline. In the absence of tetracycline, the switch will be back to its default off position. Some diseases may benefit from the presence of constant low levels of therapeutic protein. In that case, the technology has the flexibility to pre-adjust the default level to specified levels of protein expression while retaining the option of dialing up the expression with tetracycline.

"This strategy allows us to be more precise in the control of gene expression of a therapeutic protein. It enables us to adjust its production according to disease's stages or tune to the patients' specific needs, all using the FDA-approved tetracycline dose," Yen said. "Our approach is not disease-specific, it can theoretically be used for regulating the expression of any protein, and potentially has many therapeutic applications. In addition, this system is more compact and easier to implement than the existing technologies. Therefore, it also can be very useful in the lab to turn a gene of interest on or off to study its function."

Liming Luo, Jocelyn Duen-Ya Jea, Yan Wang and Pei-Wen Chao, all at Baylor College of Medicine, also contributed to this work.

This work was supported by an E&M Foundation Pre-Doctoral Fellowship for Biomedical Research, NIH grants (R01EB013584, UM1HG006348, R01DK114356, R01HL130249, P30 CA125123 and S10 RR024574), Biogen SRA, seed fund from Department of Pathology and Immunology at Baylor College of Medicine and CPRIT Core Facility Support Award CPRIT-RP180672.

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Novel Switch Promises Safer Gene Therapy On-Demand - Mirage News

Will bitcoin continue its surge in 2024? (Cryptocurrency:BTC-USD) – Seeking Alpha

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2024 might be the year bitcoin (BTC-USD) sees new all-time highs thanks to two key catalysts: potential spot exchange-traded fund approval and the halving event.

With the earliest deadline for the U.S. Securities and Exchange Commission to greenlight a spot bitcoin (BTC-USD) ETF just one week away, investors appear to be jumping on the FOMO (fear of missing out) train.

To be sure, the highest-profile crypto (BTC-USD) topped $45K early in Tuesday's session for the first time in almost two years, spurring a rally in crypto-linked stocks. BTC, up some 160% in 2023, changed hands at $44.9K at the time of writing.

"With current prices now sitting above $40K and being almost 3 years removed from the last bull market, Bitcoin is in a prime position to appreciate and I would imagine many institutional investors will be buying their stake in the Bitcoin network relatively soon," said crypto expert Brandon Zemp, citing the likely spot ETF approval in early January and the halving event in April.

Note that in each of the last three halvings, which occurs once every four years, the price of bitcoin (BTC-USD) hit records.

That's not to say the coin doesn't face risks. One of BTC's biggest, looming headwinds is the unfriendly regulatory environment, but that didn't seem to bother the token last year.

"Though the crypto space continues to wade through an unfriendly regulatory situation with several after-the-fact actions from SEC on the heels of missing Terra/LUNA, Celsius, Voyager, and of course FTX, BTC has been undeterred this year in its strong ascent higher," Seeking Alpha Analyst Jason Appel said in his bitcoin outlook.

James Foord, Investing Group Leader of 'The Pragmatic Investor,' is bullish on bitcoin (BTC-USD), though he reckons investors already may have priced in the expected price appreciation from the upcoming halving event.

"With everyone expecting a halving rally, it's possible that the market may not behave as expected, and the final Bitcoin price target could be lower than anticipated," he wrote in mid-December.

Foord laid out another risk: "since Bitcoin is so tied to liquidity, I don't think it will be immune to a deflationary recession, something which is becoming more likely in the past few months and could hit in 2024."

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Will bitcoin continue its surge in 2024? (Cryptocurrency:BTC-USD) - Seeking Alpha

Why is the crypto market down today? – Cointelegraph

The crypto market is down today after a sharp correction hit Bitcoin (BTC), Ether (ETH) and altcoins on Jan. 3. Bitcoin price dropped by 10%, nearly erasing all 2024 gains, before rounding to trade near $42,700.

Lets take a closer look at the factors impacting Bitcoin price today.

Investors belief that the United States Securities and Exchange Commission (SEC) could approve one of the 14 outstanding spot Bitcoin ETF applications in early January sent BTC price over $45,000.

On Jan. 3, a report was released by a financial services platform asserting that the SEC plans to reject the spot Bitcoin ETFs. Within the hour following the reports release, crypto prices crashed.

While some analysts do not believe the report was the cause of the crypto markets dip, citing technical price metrics, the timing has raised eyebrows.

The cryptocurrency industry and regulators have a long history of not getting along either due to various misconceptions or mistrust over the actual use case of digital assets. Such history has led analysts to believe that spot Bitcoin ETF applications will be rejected to buy the SEC more time in rendering a final decision.

The decline across major cryptocurrencies has led to a rush of liquidations across the derivative market. Regardless of whether the report caused the crash, bullish traders were caught off guard, leading to a quick spat of long liquidations.

Related: Cory Klippstens warning for shitcoin traders in the bull market: X Hall of Flame

In the past 24 hours, over $577.7 million in long positions have been liquidated across the crypto market, with $554.5 million being wiped out in the previous 12 hours. Crypto market prices are negatively affected when long derivative positions are liquidated without buying pressure from trading volume.

Over 196,848 traders were liquidated with the largest single liquidation being a BTC and Tether (USDT) long valued at $14.26 million.

Related: 15 years, 90K 'Bitcoinaires' Bitcoin millionaire wallets jump 300%

Despite traders retaining positive sentiment, a widely recognized index shows a decrease over the previous month.

The sharp price decline is a reminder that volatility can return to the market at any moment.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Why is the crypto market down today? - Cointelegraph

NetCents and Worldpay Partner to Promote Digital Assets – PYMNTS.com

NetCents TechnologyandWorldpay from FIS have partnered to promote the adoption of digital assets like bitcoin, ethereum and stablecoins.

The partnership will leverage NetCents Technologys cryptocurrency payments capabilities and Worldpays global payment technology, NetCents said in a Wednesday (Jan. 3)press release.

Our mission is to instill and enhance trust and security by delivering reliable crypto payment infrastructure, NetCents CEOClayton Mooresaid in the release. This extends across businesses, financial institutions and governments globally, enabling the seamless integration to accept various digital assets into their established workflows and processes, irrespective of their familiarity with the crypto space.

NetCents offers crypto payment infrastructure that provides solutions for corporations, small and medium-sized businesses (SMBs), startups, and Web3 and blockchain companies, according to the release.

Its offerings enable the integration of cryptocurrency acceptance, facilitate digital asset operational and accounting processes, and remove the price volatility, the release said.

The solutions are delivered through user-friendly software and application programming interfaces (APIs), per the release.

The companys new partner, Worldpay from FIS, is a leader in merchant payment processing and has long been an innovator in the digital payments sphere, according to the press release.

In another recent partnership, Worldpay was tapped by British music and entertainment retailer HMV in December to help the retailer expand in Europe.

HMV will use Worldpay Omnichannel a Worldpay andFreedomPayeffort to improve its omnichannel strategy across 34 markets by supporting both major and local card schemes, alongsidelocal payment methods.

Our new capabilities will speed our ability to innovate and better help our customers as we expand across Europe,Darren Houghton, head of IT at HMV, said at the time.

In October,Mastercardsaid it partnered with Worldpay to scale newopen banking-powered solutions that empower consumer lending, modernize account-based payments and offer a wider range of payment choices.

We are delighted to partner with Mastercard to leverage their open banking platform in the U.S. to offer secure and seamless account verification services, providing our customers with enhanced payment options and advance open banking around the world, Sudev Balakrishnan, chief product officer at Worldpay Merchant Solutions, FIS, said at the time.

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NetCents and Worldpay Partner to Promote Digital Assets - PYMNTS.com

This Cryptocurrency Rallied 200% And Overtook Shiba Inu – Watcher Guru

Internet Computer (ICP) is currently one of the best-performing cryptocurrencies in the market. The token has rallied by 14.9% in the last 24 hours, over 73% in the weekly charts, and over 204% in the previous month. Moreover, ICP has overtaken Shiba Inus (SHIB) market cap and is currently the 16th largest crypto project.

According to CoinMarketCap data, ICPs market cap has surged by 14.48%, while its 24-hour trade volume has risen by over 102%.

Also read: Top 3 Cryptocurrencies Under $2 That Could Reach $25 in 2024

Crypto analysis firm Santiment notes that currently, long positions dominate ICPs open interest. The firm further stated that if FOMO (Fear Of Missing Out) stays away, the cryptocurrency could continue to rise.

ICP had a lackluster performance for most of 2023, and the asset only began to rally in mid-December.

According to a recent post by Santiment, ICP was among the top coins in terms of development activity. The surge in developmental activities may be behind the latest price spike for the cryptocurrency.

Despite the recent gains, there is a chance that ICP will face a downward correction. According to Santiment, the cryptocurrencys Relative Strength Index (RSI) surged from 66 on Dec. 30, 2023 to 76.7 on Jan. 3, 2024. For ICP to continue its bullish momentum, it requires its RSI to remain below 65.

Also Read: Top 3 Cryptocurrencies Under $1 That May Explode in 2024

However, there is also a possibility that the project continues to surge in terms of developmental activity, thereby continuing its bullish momentum. Moreover, the asset is down by over 97% from its all-time high of $700.65, which it attained in May 2021, over two years ago. Hence, there is still a lot of room for growth.

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This Cryptocurrency Rallied 200% And Overtook Shiba Inu - Watcher Guru

Is the Crypto Winter Over? – Kiplinger’s Personal Finance

The bounceback of Bitcoin and its fellow digital assets was a major storyline in 2023, leading many to wonder: Is the crypto winter over?

Indeed, the trial of former FTX CEO and co-founder Sam Bankman-Fried, the head of the collapsed cryptocurrency exchange, drew plenty of attention to the digital asset space.

At one point, FTX had a value of more than $32 billion. However, by November 2022, FTX had collapsed, and a month later, Bankman-Fried was arrested in the Bahamas, charged with seven counts of wire fraud, securities fraud, and money laundering, and extradited to the U.S. to face his charges.

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On November 2, 2023, a federal jury in a Manhattan courthouse found Bankman-Fried guilty on all seven counts. The former crypto icon faces up to 110 years in prison. His sentencing is scheduled for March 28, 2024.

"It's a warning, this case, to every single fraudster out there who thinks that they're untouchable or that their crimes are too complex for us to catch or that they're too powerful for us to prosecute or that they could try to talk their way out of it when they get caught," said Damian Williams, the U.S. attorney for the Southern District of New York, as reported by NBC News. "Those folks should think again."

In the lead-up to FTX's collapse, cryptocurrencies were in high demand on Wall Street, with Bitcoin hitting an all-time high of $68,569 in November 2021. Shortly after that, demand fell off a cliff and prices plummeted. And in late 2021 or early 2022, what is described as a "crypto winter" began.

A crypto winter is loosely defined as an extended period when cryptocurrency prices move lower, combined with a decrease in overall trading volume. They can last months or even years. In that regard, they're not unlike bear markets for stocks.

Unlike a recession, customarily defined by economists as two consecutive quarters of negative GDP (gross domestic product), cryptocurrencies have no specific definition. Therefore, every person's idea of when and what constitutes a crypto winter differs.

The first crypto winter began in February 2011 when Bitcoin dropped by 40% from $1.06 to 67 cents. The next one didn't happen until 2014, when the price of Bitcoin dropped from a high of more than $1,200 entering the year to a low of $180 by January 2015.

However, the term crypto winter only came into common usage in 2018, after 2017's big run from $900 to $20,000, a 2,122% gain over 12 months, to fall back to $3,180 by December 2018.

During 2017's irrational exuberance, publicly traded mainstream companies were changing their names to include the words blockchain or crypto, while others completely pivoted their business models to catch the crypto craze, similar to what occurred during the dot-com bubble in late 1999 and early 2000.

The most recent crypto winter occurred over 13 months, from the all-time Bitcoin high of $68,569 in November 2021 to a December 2022 bottom of below $17,000, a 75% decline.

In the most recent crypto winter in 2022, rampant inflation from a post-pandemic world required the Federal Reserve to raise interest rates to dampen the economy, slowing demand and lowering prices.

It began raising the federal funds rate in March 2022, ultimately boosting the federal funds rate 11 times through July 2023, from 0.25%-0.50% to 5.25% to 5.5%%, the highest level in 22 years.

As a result, investors sold their risk-on assets such as crypto and stock, sending prices of both much lower by the end of 2022. It didn't help crypto prices that two cryptocurrencies, Luna and TerraUSD, collapsed in May 2022, followed by bankruptcies by crypto lenders Voyager Digital and Celsius Network. And FTX's bankruptcy in November 2022 put the nail in the proverbial coffin.

Like stocks, crypto winters are often (but not always) caused by bad news, whether self-inflicted wounds such as a security breach or hack, reduced interest from institutional investors, unsettling economic news such as what happened in 2022, or increased regulatory overview.

Over the long haul, these are all signs of a healthy marketplace that adjusts to current market, economic, and regulatory conditions.

With Bankman-Fried set to go to prison for a long time in the first half of 2024, the industry can finally look ahead rather than in the rearview mirror.

Positive signs that the latest crypto winter could be over include Bitcoin gaining roughly 150% in 2023, higher weekly inflows of crypto investment funds much like how you'd look at mutual fund and ETF net inflows and outflows and institutional money getting back into the crypto space by offering mainstream digital assets from the likes of BlackRock, Mastercard, etc.

However, some crypto industry professionals suggest that the latest crypto winter won't be over until spot Bitcoin ETFs and spot Ethereum ETFs are approved for sale in the U.S. markets.

"That's the floodgate for large portfolios to allocate 50 basis points of their holdings to Bitcoin," said Greg Magadini, director of derivatives at Amberdata, as reported by Decrypt. "To me, that would be the catalyst to essentially open up ... the end of crypto winter."

Just as there is no specific definition of a crypto winter, there is no rule to indicate when one has ended. As a relatively new asset class, that comes with the territory.

Continued here:

Is the Crypto Winter Over? - Kiplinger's Personal Finance

Bitcoin ETF News Demands Caution With Crypto Leverage – CoinGape

As Bitcoin and the broader crypto market witnessed a sell-off Wednesday, MN Trading founder Michal van de Poppe advised against taking excessive risks with leverage and recommended maintaining low-limit bids.

In a post on X, Van de Poppe said, Massive liquidations today, the largest for #Altcoins in the past two years. Unlikely it will happen again tomorrow or the day after,

While Van de Poppe is not expecting a repeat of this scenario, the Bitcoin spot market has shown a slow recovery. Simeon Hyman, global investment strategist at ProShares, highlighted spot market issues during a recent Bloomberg TV interview.

He pointed out the price discrepancies of Bitcoin across various exchanges and the inherent risks of these platforms. The strategist raised concerns about the daily settlement processes of Bitcoin futures, which rely on a blend of prices, and expressed skepticism about the practicality of cash creation and redemption mechanisms in this context. Hyman went on to call the spot market slightly weird.

A prolonged market sell-off is not expected due to hopes that the SEC will approve the first spot Bitcoin ETF. Meanwhile, Fidelity Wise Origin Bitcoin Fund recently filed Form 8-A with the Cboe BZX Exchange.Bloombergs James Seyffart underlined that it was the registration of its shares.

However, this is just the initial step. For the ETF to be listed, it still requires 19b-4 approval and an effective, approved, and completed S-1 document, the analyst explained.

As the ETF applicants await 19b-4 approval, FOX Business reported that SEC staff attorneys from the Division of Trading and Markets met officials from major exchanges. An SEC spokesperson clarified to the paper that if the Commission declares a registration statement effective, it will be reflected on EDGAR. Moreover, any Commission 19b-4 orders will be posted on the SECs website and then published in the Federal Register.

Also Read: Bitcoin ETF Approval will be bagged this year, Bitwise reiterates

While market optimism took a hit on Wednesday, the global cryptocurrency market cap stands at $1.72 trillion, with daily losses. At press time, Bitcoin (BTC) is priced close to $42,800. BTC saw a 5% decline in the last 24 hours, as per CoinGecko data.

Shraddha's professional journey spans over five years, during which she worked as a financial journalist, covering business, markets, and cryptocurrencies. As a reporter, she has placed particular emphasis to learn about the market interaction with emerging technologies.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Bitcoin ETF News Demands Caution With Crypto Leverage - CoinGape

Litecoin Falls 12% In Selloff By Investing.com – Investing.com

Investing.com - Litecoin was trading at $66.061 by 07:09 (12:09 GMT) on the Investing.com Index on Wednesday, down 11.72% on the day. It was the largest one-day percentage loss since August 17, 2023.

The move downwards pushed Litecoin's market cap down to $5.322B, or 0.32% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $25.609B.

Litecoin had traded in a range of $66.061 to $73.597 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 4.65%. The volume of Litecoin traded in the twenty-four hours to time of writing was $347.927M or 0.48% of the total volume of all cryptocurrencies. It has traded in a range of $66.0610 to $77.7636 in the past 7 days.

At its current price, Litecoin is still down 84.27% from its all-time high of $420.00 set on December 12, 2017.

Bitcoin was last at $42,439.6 on the Investing.com Index, down 6.59% on the day.

Ethereum was trading at $2,209.95 on the Investing.com Index, a loss of 7.56%.

Bitcoin's market cap was last at $857.416B or 50.80% of the total cryptocurrency market cap, while Ethereum's market cap totaled $277.612B or 16.45% of the total cryptocurrency market value.

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Litecoin Falls 12% In Selloff By Investing.com - Investing.com

Fairfax police again sound alarm on cryptocurrency scams – Gazette Leader

Detectives and investigators from the Fairfax County Police Departments Financial Crimes Division warn local residents that Bitcoin and crypto-related scams are being reported within the county, with most of the victims being elderly. County police wish to raise awareness and provide prevention tips to safeguard residents against falling victim to these fraudulent activities.

Since the end of October, investigators have observed a trend in scams involving cryptocurrency. Criminals are exploiting people, particularly the elderly, into depositing money into crypto ATMs and defrauding them of their money. Recent cases occurred on:

Oct. 13, when a 71-year-old victim was scammed into depositing $14,900 into a crypto ATM.

Nov. 15, when a 23-year-old victim was scammed into depositing $1,000 into a crypto ATM. The same thing happened that day with a 76-year-old victim, who was convinced to deposit $21,000 into a crypto ATM.

Nov. 16, when scammers convinced a 73-year-old victim to deposit $17,900 into a crypto ATM.

Nov. 20, when a 72-year-old victim was scammed into depositing $15,000 into a crypto ATM.

Nov. 30, when an 86-year-old victim was scammed by inserting a bank card into ATM, resulting in $25,000 being stolen.

Dec. 4, when two victims, ages 78 and 85, were scammed into depositing $15,000 each into a crypto ATM.

Dec. 6, when an 80-year-old victims Bitcoin ATM was broken into. Nothing was stolen in this case, police said.

Dec. 8, when a 70-year-old victim was convinced to deposit $12,000 into a crypto ATM.

Dec. 10, when a 56-year-old victim was scammed into depositing $8,000 into a crypto ATM.

These scams begin when scammers call victims and pose as legitimate entities, businesses or even government agencies. Scammers then use varying deceptions to convince victims into depositing funds into a crypto ATM or converting money into gift cards or other forms of payments that are difficult to trace or recover. These criminals often prey on the elderly, taking advantage of their trust and lack of familiarity with the digital-currency landscape.

Fairfax County police urge community members, particularly seniors, to remain vigilant and follow these tips to protect themselves:

Verify caller identities: Always confirm the identity of the person or organization contacting you, especially if they request personal information or financial transactions. Apple, Microsoft, Norton, MacAfee, eBay, PayPal, Amazon or Google will never call you on the phone and ask for any kind of payment. It is a good idea to hang up and call the institution using their known contact information from official Websites.

Be skeptical of unsolicited calls: Anyone who calls you on the phone asking for payments with gift cards of any kind (Greendot, iTunes, Google Play, Target, Walmart etc.) should be considered suspicious and it is likely a scam. Other fraud indicators are requests for money through wire transfers (MoneyGram, Western Union, Walmart to Walmart, Zelle, Venmo, CashApp).

Consult with family or friends: Before making any financial decisions, especially those involving large sums or unfamiliar technologies, consult with trusted family members or friends.

Dont share personal information: Never share personal or financial information over the phone unless you initiated the call and are certain of the recipients legitimacy.

Use trusted platforms: When dealing with Bitcoin or other digital currencies, use reputable and well-established platforms for transactions.

Law-enforcement agencies will never call you on the phone and ask you to pay money to avoid arrest or post a bond. Other common scams include notices of missing jury duty or a federal agent calling you and saying that your name and identity have been discovered as being involved in criminal activity or money laundering. The FBI, Drug Enforcement Administration, Social Security Administration, Department of Homeland Security, Immigration and Customs Enforcement, Federal Trade Commission, Internal Revenue Service or local police agencies will never call you on the phone and ask for money for any reason.

Never give anyone remote access into your computer. Scammers pretending to be from Amazon, Apple, Microsoft, Google or other technological companies will ask for remote access to your computer to fix an issue or attempt to refund money to you for an alleged fraud charge. Do not allow remote computer access, as this is a scam. Scammers will claim they are going to refund money to your bank account, but instead they will steal it.

If you have been a victim of a financial crime, contact Fairfax County police by filing a report through the departments Financial Crimes Online Reporting Website at http://www.fairfaxcounty.gov/Police_FiCOR. If you are unable to file a report on the computer, call the non-emergency line at (703) 691-2131 to have an officer assist you with making a FiCOR report.

For more information about elder fraud, visit the Department of Justices Office for Victims of Crimes Website at ovc.ojp.gov. If you have been a victim of elder fraud and reside outside of Fairfax County, you can call the National Elder Fraud Hotline at 1 (833) 372-8311.

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Fairfax police again sound alarm on cryptocurrency scams - Gazette Leader

Cryptocurrency App Ranking Sees Binance on Top Once Again – PYMNTS.com

As the new year begins, those who are interested in cryptocurrency have a wide array of apps to choose from to help them navigate the world of digital currencies. PYMNTS ranks the apps based on downloads, updates and other factors in the latestProvider Ranking of Cryptocurrency Appsto show how they compare.

Heres how the ranking looks this time around.

Binance: Buy Bitcoin Securelyremains at No. 1 with a perfect score of 100 points.

Bybitcomes in with 90 points to hold onto the No. 2 ranking.

No. 3 is unchanged withCrypto.comscoring 88 points.

No. 4 also mirrors the last edition, held by KuCoinwith a score of 81 points.

Coinbaseclimbed three rankings to grab the No. 5 spot with 74 points.

That knocksHuobidown to the No. 6 slot, with a score of 72 points.

No. 7 goes toBlockchain Wallet, scoring 69 points.

Down two rankings at No. 8 isOKEx Bitcoin, Cryptocurrency, with 67 points.

BitMart remains at our No. 9 ranking, coming in with a score of 47 points.

Closing out the rankings this edition isKraken Pro at No. 10, with a total of 40 points.

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Cryptocurrency App Ranking Sees Binance on Top Once Again - PYMNTS.com

The 6 Most Important Web3, Blockchain And Cryptocurrency Trends In 2024 – Bernard Marr

As we move deeper into the AI era, many questions about data privacy and control remain unresolved. By now, most of us are fully aware that everything we do online causes personal data to be generated and shared. The centralized nature of the companies and government agencies it passes through means they have total control over who sees it and what can be done with it. Even if we put trust in their privacy policies and compliance with regulations like GDPR, it doesnt eliminate concerns about data breaches and thefts.

Some say that Web3, with its decentralized databases and blockchain-based apps, offers solutions. It promises enhanced privacy and security, giving us back control and ownership of our data. In theory, at least, Web3 tools and technologies, secured by encryption, are beyond the control or censorship of any single entity, including tech giants and governments.

Although overshadowed by the buzz around generative AI in 2023, work on the next generation of web3 apps and technologies continues. Could 2024 be the year these innovations break into the mainstream? Lets explore the trends that will shape its trajectory over the coming 12 months and beyond.

Top of the list of concerns must be the fact that blockchain and web3 technologies clearly have a sustainability problem. Computing using distributed and encrypted resources simply uses a lot of energy. At its peak in 2022, the BitcoinBTC0.0%network alone was estimated to consume the same amount of energy as Finland. In response, more efficient technologies, such as the EthereumETH0.0%networks' proof-of-stake algorithms, have been developed, and green web3 initiatives have emerged.Regenerative Finance, for example, has emerged as a way of leveraging the technology for environmental and sustainable initiatives.

Web3 promises decentralized social tools that its champions say will lead to more private, censorship-free communications and networking, with users keeping control of their content and data. Transparent, open-source algorithms could help to track and block attempts at spreading disinformation, with policies administered democratically through blockchain-based voting mechanisms. Wed probably have to look past 2024 to see something like this challenging the likes of Facebook or TikTok. But social tools likeMastodonthat are built of decentralized principles are already emerging and growing in popularity, so I expect to see ongoing innovation in this space.

Cryptocurrency plays a big role in web3. Its no coincidence that many web3 projects fail when the price of Bitcoin crashes, causing funding to dry up. In 2024, another Bitcoinhalvingwill take place, which traditionally has caused the value of the number one cryptocurrency to increase. Of course, I don't want to make financial predictions, but if it does happen, it will inevitably lead to an injection of funding and enthusiasm into web3.

Decentralized finance (DeFi) is a term used for an emerging breed of financial services products built on blockchain and web3 technologies. Often, they are built around web3 capabilities of enabling peer-to-peer commerce and lending while circumventing "middleman" banks and financial institutions with their high fees. In recent years, these products have been attracting investment, meaning that in 2024, theyre more accessible than ever.

Call it "metaverse," if you must. However, many web3 ideas are intrinsically linked to concepts of immersive online environments that mirror the real world. Web3 and blockchain technology have applications in online identity (such as avatars) and the creation of unique digital assets via NFTs. It can also be used to govern and administer online entities, fromcommunity groups to corporations, allowing members to democratically elect representatives and vote on the passage of rules and regulations. One prediction its easy to make is that the web will continue to evolve to become more immersive in 2024, but well also get a better sense of what web3 will bring to the table.

These are essentially cryptocurrencies issued by central banks. Obviously, because theyre under the control of the banks that issue them, they arent decentralized. And they arent supposed to be! Instead, CBDCs can be thought of as attempts to move the technology used to administer financial services onto blockchain infrastructure, where it can be managed more efficiently and transparently. China will continue piloting its digital yuan in 2024, joining other countries like the United Kingdom, Bahamas, Nigeria and Sweden that have launched or discussed plans for CBDCs.

Theres no getting around the fact that a lot of fraudsters and criminals have made themselves famous (and often made a lot of money) in the crypto world that underpins web3. The FTX collapse and penalties handed out toBinancethis year could just be the tip of the iceberg if the industry continues to grow at rates that some are predicting. With legislators dragging their feet, it's still very much a Wild West industry. So if youre going to be involved, be careful.

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The 6 Most Important Web3, Blockchain And Cryptocurrency Trends In 2024 - Bernard Marr

A wave of cryptocurrency scams has Fairfax Co. Police on alert – WTOP

Fairfax County Police are warning the community about a growing trend of Bitcoin and cryptocurrency scams.

Fairfax County Police are warning the community about a growing trend of Bitcoin and cryptocurrency scams.

In almost a dozen reported cases since the end of October, our investigators have observed a trend in scams involving cryptocurrency, the department stated in a press release. Criminals are exploiting individuals, particularly the elderly, into depositing money into crypto ATMs and defrauding them of their money.

Sgt. Jonathan Epperson, a Fairfax County public information officer, said the scam begins with the victim receiving a call from someone posing as a legitimate entity such as a business or even a government agency.

What were seeing is they call our elderly community, and theyre scamming them into going to these Bitcoin, crypto ATM machines and having them deposit money, he said.

Epperson said once the money is deposited, its being sent off and victims are losing thousands of dollars.

Police offer the following tips to protect yourself:

Never be afraid to hang up and call someone back. If someone is posing as Apple, Microsoft, Norton, you can easily just hang up the phone and call one of their 1-800 numbers from their legitimate website, Epperson said.

Anyone who is a victim of this kind of crime should report it to police.

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A wave of cryptocurrency scams has Fairfax Co. Police on alert - WTOP