Author Archives: Danzig

The White House reportedly quashed part of an intelligence report that showed Russia is helping the Trump campaign – MSN Money

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Reuters Russian President Vladimir Putin in a meeting with President Donald Trump. Reuters

Last year, President Donald Trump's administration tried to pressure intelligence agencies to delete part of a classified report that found Russia was trying to help him win the 2020 election, according to an investigation by The New York Times Magazine.

The report, known as a National Intelligence Estimate, was compiled by the Office of the Director of National Intelligence (ODNI) in July 2019 and made several "key judgments" about matters of national security. "Key Judgement 2" in the report concluded that Russia aimed to interfere in the 2020 election to help Trump, unnamed national security sources told Times reporter Robert Draper.

Trump was reportedly unhappy with that finding. He has repeatedly denied the assertion that Russia tried to help his campaign in 2016 despite reports from the FBI, CIA, NSA, Justice Department, and Republican-led Senate Intelligence Committee that supported that conclusion. Russian President Vladimir Putin has similarly denied interfering in the 2016 election, but has also said he wanted Trump to win.

When the ODNI was finalizing last year's report, Trump administration staffers requested that it remove language in "Key Judgement 2" that detailed Russia's attempts to help Trump in 2020, former director of national intelligence Dan Coats told the Times.

"I can affirm that one of my staffers who was aware of the controversy requested that I modify that assessment," Coats said. "But I said, 'No, we need to stick to what the analysts have said.'"

Shortly after that exchange, Coats was surprised to learn that Trump was forcing him into early retirement. He was first made aware of the news when Trump tweeted that Coats' last day as DNI would be August 15 months before Coats planned to retire.

After Coats' departure, the National Intelligence Estimate was published with softer language describing Russia's potential motivation for interfering in the 2020 election. Instead of directly concluding that Russia wanted Trump to win in 2020, the report was updated to state that "Russian leaders probably assess that chances to improve relations with the US will diminish under a different US president."

The changes were made, according to an email reviewed by the Times, following edits by Beth Sanner, an ODNI official who presents President Donald Trump's daily national intelligence briefings.

The episode is part of a broader conflict between Trump and US intelligence communities, Draper reported. After a yearslong FBI probe into possible ties between the Trump campaign and Russia, Trump's Republican allies in Congress are now pushing an investigation into whether the FBI overstepped its authority.

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The White House reportedly quashed part of an intelligence report that showed Russia is helping the Trump campaign - MSN Money

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DHS Warns of a Persistent Cyber Threat Targeting Critical Infrastructure in the U.S. – CPO Magazine

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Foreign rogue nation-state threat actors are targeting critical infrastructure in the U.S., according to the White House report involving the National Security Agency (NSA) and the Department of Homeland Securitys Cybersecurity and Infrastructure Security Agency (CISA).

The threat actors are targeting internet-connected operational technology (OT) in the United States defense systems. Cyber threats originating from state-sponsored actors were also targeting critical infrastructures such as electricity, water, and gas. Consequently, the NSA and CISA directed the owners and operators to take immediate action to secure the systems.

The agencies warned that the increase in adversary capabilities and activity, the criticality to U.S. national security and the vulnerability of OT systems, civilian infrastructure makes attractive targets for foreign actors.

The NSA and CISA noted that OT assets are present in the Department of Defense systems and also in the defense industrial base sector. Their use is prominent in most critical areas including in the national security systems. The agencies say the use of such systems is necessary because of the increased demand for a decentralized workforce. However, their use opens an attack landscape while increasing monitoring complexities because of the pervasive nature of the systems.

The DHS indicated there was strong evidence of a cyber threat involving the use of email spear phishing tactics to infiltrate critical infrastructure networks through OT assets. Additionally, there are persistent efforts to conduct ransomware attacks on critical infrastructure. A ransomware cyber threat is particularly concerning because of its disruptive nature and ability to leak sensitive information.

In February, CISA released a report describing a ransomware attack on a natural gas compression facility, which led to the shutdown of operations on the facility.

A similar cyber threat was blocked in May targeting critical infrastructure on an Israeli water system, according to CyberScoop. Authorities said the attack was highly organized and synchronized.

Nilesh Dherange, CTO of Gurucul, reiterated that the cyber threat was real.

The most recent NSA and CISA alerts are directed at Government assets, but they are valid warnings for any organization that has internet-facing systems. They offer solid advice that applies to any size of the operation and reiterates recommendations the Information Security community has been giving for years.

The NSA and CISA advised organizations to create a resilience plan for the OT assets. The plan involves the creation of a manual process to restart industrial control systems after an attack takes place. They also recommended having a system monitoring process in place to monitor the cybersecurity state of the critical infrastructure concerning cyber threats. Because of the increased risks facing essential services, the agencies advised organizations to remain ahead of the cyber threat operators by being proactive.

Organizations should also create an incident response plan to anticipate new methods that hackers may deploy. This should include collaboration between organizations and CISA in the creation of organizational cybersecurity plans.

Operators should also harden their networks by restricting access to OT networks, and to carry regular tests to discover vulnerable OT devices within their networks.

Dherange summed up the list of measures that the operators of critical infrastructure should adopt.

In a nutshell: Have resiliency, business continuity, and response plans in place and exercise them. Understand and document your environment, your likely adversaries, and how they will probably attack so you can harden appropriately. Make sure personnel are trained and equipped to resist the expected attack vectors and mitigate them after a breach.

Evan Dornbush, CEO and Founder of Point3 Security, says the cyber threat was critical, and therefore, operators should heed the advice.

If the NSA is coming out of the shadows to speak up in a joint alert with CISA, you want to listen and take action. What is most helpful is that the advisory shares a list of tools attackers are using to identify targets. Seeing what the attacker sees allows your cybersecurity team to prioritize your defensive actions. The Advisory goes further still, offering a robust set of recommendations for executing a response strategy.

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DHS Warns of a Persistent Cyber Threat Targeting Critical Infrastructure in the U.S. - CPO Magazine

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NSA O’Brien Says US Has ‘Sanctioned The Heck Out Of Russia’ – Newsmax

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National security adviser Robert O'Brien on Sunday said theres almost nothing left of sanctions to penalize Russia for election interference.

In an interview on CBS News Face The Nation, OBrien praised President Donald Trump and his administration for its firm stance against Moscow.

The president has told the Russians many times not to get involved in our elections, OBrien said, adding: Theres almost nothing we can sanction left of the Russians.

Weve sanctioned the heck out of Russia, he declared.

According to OBrien, the tough sanctions in response to election interference all happened under the Trump administration.

"We're not going to have foreign countries decide who our next president will be, that's outrageous, he said.

Now recovered from his own bout with the coronavirus, OBrien also praised the U.S. response to the pandemic.

What has happened with testing in America is really a miracle, he said. There is no country in the world that comes close to what America is doing on testing."

2020 Newsmax. All rights reserved.

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NSA O'Brien Says US Has 'Sanctioned The Heck Out Of Russia' - Newsmax

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Money Explodes; Gold Glitters; The Recovery Slows – Forbes

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03 April 2020, North Rhine-Westphalia, Cologne: Jewellery is presented in the shop window of a ... [+] goldsmith's studio together with toilet paper for decoration. Photo: Henning Kaiser/dpa (Photo by Henning Kaiser/picture alliance via Getty Images)

I often get asked why the price of gold is rising, and, as a follow on, will it continue.The price of gold has always had a significant correlation (80%) with the Feds balance sheet (i.e., the money supply), especially during periods of significant balance sheet expansion (money printing).The table shows the Y/Y change in the money supply of the western worlds major economies.The U.S., clearly the largest western economy, has increased its money supply at a much faster pace than any of the other majors.Note that the EU, the only western economy that approaches the size of the U.S., is growing its money stock at less than 40% of the pace of the U.S. Federal Reserve (Fed).

Year over Year Money Supply

Noteworthy is the fact that the value of all of these countries currencies have risen since the virus outbreak as the U.S. money supply has exploded and the U.S. Congress has sent helicopter money to the U.S. populous.In fact, at the time of this writing, the U.S. Congress is in the time honored process of having the two major political parties posture on how the opposition party doesnt care about the American people etc. etc.This, of course, is a prelude to what will be another multi-trillion stimulus package.The CARES Act stimulus amounted to about $2 trillion, and its a pretty sure bet that the upcoming one will be in the same area.Thats $4 trillion total, bigger than the entire GDPs of most of the western worlds economies (only Japan and the combined EU are larger).In fact, the big news out of the EU in the latter part of July was that they finally reached agreement on a stimulus package of their own total was $860 billion!So, $4 trillion vs. $860 billion.Is it any wonder why the dollars exchange rate is in free fall?

The Fed, of course, has been on a mission of its own to protect asset values and has expanded its balance sheet by over $3 trillion since February.And when the Congress appropriates free money, the federal government must issue new debt.Normally, when a huge amount of new debt supply comes to market, the laws of supply and demand would require that the price (i.e. the rate of interest) would have to rise to clear the market.However, the Fed has pledged that interest rates wont rise for several more years (i.e., until inflation rises to their targeted 2% level, which wont happen until the economy is much further along in the recovery process).To keep interest rates at current levels means that the Fed must buy the new debt, in effect, monetizing the federal governments stimulus. That means that the U.S. money supply will continue its rapid escalation, and the value of the dollar will continue to fall vis a vis other currencies.

The Price of Gold

What does all of this have to do with golds price?Gold is priced in dollars, and the dollar is the worlds reserve currency.As the dollar falls in value vis a vis other currencies, the price of gold in terms of dollars is going to rise.

Gold is the ultimate currency, i.e., it cant be manipulated by any government.Its supply is limited, growing at a rate of about 2% per year (new mining).Historically, gold has been a hedge against inflation.But it is also a safe haven, i.e., a hedge against uncertainty (like a pandemic).So, it would be natural for its price to rise in the current worldwide pandemic, even without money supply growth.While the U.S. is clearly the money supply glutton, it isnt as if the money supply of other countries isnt growing at a faster pace than their economies (i.e., they are also creating excess money, just not as fast as the U.S.).Together, uncertainty and money creation are pushing golds price up.Will it continue? You already know the answer.

There is a danger, however, to the policies being pursued by the Administration, Congress and the Fed.The danger is that if the U.S.s money creation continues at a much faster pace than that of the rest of the western countries, there is a good chance that the dollar loses its status as the worlds reserve currency.What would take its place?Probably no singe countrys currency (like China).More likely, a basket of currencies, like an index.This would be a big blow to the U.S economy.As the reserve currency, almost all international transactions are done in dollars, creating a demand for the currency and providing cheap financing for U.S entities.All this would disappear if the dollar loses its reserve currency status.

Whats Trending

Heres whats trending in the U.S. economy:

Employment

The big news of the week was the better than expected payroll numbers for July.The headline number for net new job creation was 1.763 million, much better than the 1.4-1.5 million expectation.Once again, the headline number was the seasonally adjusted (SA) one, and it is very misleading.Given government ever-changing edicts on business closures, re-openings, capacity constraints, masks, etc. etc., and the monumental changes in consumer behavior and attitudes toward shopping, entertainment, leisure, travel since February, the use of seasonal factors makes no sense at all and only distorts the data.The non-seasonally adjusted (NSA) number was a much lower 591k, still positive, but only about 1/3rd of the headline.

The Unemployment Picture

On the state reporting level, we see the same issues.On August 6, markets were happy when the Initial Claims data (IC) from state reporting agencies showed 1.186 million new claimants (week ended August 1), much better that the 1.4 million expectation. Continuing Claims (CC) showed up at 16.107 for the July 25 week (CC lags IC by a week).The NSA data are actually much more encouraging.For IC, the August 1 week was 984k, the first time new claims have been less than one million since early March.NSA CC were also lower (15.849 million).Using the BLS most recent Establishment (Payroll) Survey, and data from those surveys back to February, the table shows the SA and NSA net new jobs.Note that the differences werent significant until the latest (July) count.

New Payrolls

Still a steep hole to climb out of, but more encouraging than the headline SA numbers. As can be seen from the chart, the much-needed downtrend in the unemployment data may have resumed.However, lets not be too hasty.This is only one data point.

In addition, that payroll survey was taken the week ending July 17, just when the re-closings had commenced.Since then, large layoffs have been announced by companies that have given up on the concept of a V-shaped recovery.The August payroll survey, taken this week (week of August 10-14) will provide us a better view of the impact that the upward spiral of cases and the reaction of various state and local governments have had on the employment situation.Unfortunately, that data release is still nearly a month away.

Bankruptcies (BKs)

As discussed weekly in this blog, publicly traded company bankruptcies continue their uptrend unabated.We are now trending for 277 for the year almost double that of 2019 (139).

Annualized Bankruptcies

Conclusions

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Money Explodes; Gold Glitters; The Recovery Slows - Forbes

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FJ Book Club: A haunting debut thriller brimming with excess – Fashion Journal

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This week were reading The Girl in the Mirror.

Hello dearest friends and welcome to the Fashion Journal Book Club! Weve created this club as a way for us all to switch off from the current news cycle and connect with other, real human beings about something we all love, books.

Every fortnight, well announce a new title as the book well all be reading, as selected by your FJ editors.

Next on the bill is a debut by emerging novellist Rose Carlyle. Titled The Girl in the Mirror, its a thriller with the same chilling suspense as The Girl on the TrainandBefore I Go to Sleep, making it a no brainer for our next meet.

The story follows two identical twin sisters, Summer and Iris. While both are strikingly similar on the outside, there is a darkness in Iris, who has long been envious of her sisters open-hearted nature, seemingly endless good luck and perfect husband. One day, Iris is called to Thailand to help sail her familys yacht to the Seychelles, where she unexpectedly finds herself alone in the middle of the Indian Ocean. It marks a chance for Iris to seize the idyllic life shes always wanted, but the question remains: how far she will go to get it?

Set on the lush landscape of the Seychelles, the backdrop is glamorous and brimming with excess. Yet, its a haunting and intoxicating story of wealth, jealousy, subterfuge and greed.

To join the next FJ Book Club meet, fill out your details below and find yourself a copy ofThe Girl in the Mirror here. Weve scheduled a Zoom session for Thursday September 10 at 6.30pm AEST, when well gather to discuss our thoughts.

FJ Book Club will continue every fortnight, with new title announcements dropping every other Monday.

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FJ Book Club: A haunting debut thriller brimming with excess - Fashion Journal

President Faure visits Agency for Social Protection – News – Office of the President of the Republic of Seychelles

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06 August 2020 | Social Affairs

President Danny Faure visited the Agency for Social Protection (ASP) offices located at Ocean Gate House this morning, continuing his series of visits to key services. During his visit, President Faure was accompanied by the Chairperson of the Board of ASP, Secretary of State Amb. Marie-Pierre Lloyd, the CEO of ASP, Mr Marcus Simeon and Deputy CEO of ASP Mrs Roma Edmond. The President took the time to interact with the staff and obtain a first-hand understanding of their daily operations.

The President visited various sections including Accounts, Home Care and Benefits, Data Processing, Administration and Human Resource, Customer Service Centre and Operations (Social Security) section. The President also made a stop at the Vetting Unit (Unemployment) and Approval Unit which manages supplementary assistance, medical benefits and part-rental payments.

As one of the key frontline agencies that has been serving the people both prior to and post COVID-19, the visit this morning was an opportunity for the President to meet the staff and convey his sincere appreciation for their hard work and dedication.

Social protection is the key to our values as a nation and you all play a key role in ensuring social protection services are accessible to our people. Today I would like to reiterate the value of the work that you all are doing. I know that it gets challenging at times and you work under tremendous pressure, but despite that you continue working together for the benefit of the country and for this we say thank you," said President Faure.

The President also met members of the public accessing some of the services whilst he was visiting the various sections and units within the ASP. He met with the ASP Management team for a debriefing at the end of the meeting to discuss their ongoing challenges and solutions moving forward.

With 86 staff, the Agency of Social Protection (ASP) delivers on activities to promote active participation of citizens in society through the provision of income support and other services. It serves a diverse group of customers including families, people in employment, unemployed people, people with disabilities, carers, and the elderly.

View Full Video via Website video gallery:http://www.statehouse.gov.sc/video-gallery/116/statement-by-president-faure-following-visit-at-the-agency-for-social-protection

President Faure's Youtube Channel

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President Faure visits Agency for Social Protection - News - Office of the President of the Republic of Seychelles

Bally’s Las Vegas Hotel & Casino is one of the cheapest offerings on the Strip with prices regularly under $50 a full renovation means there’s no…

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When you buy through our links, we may earn money from our affiliate partners. Learn more.

A note from your Insider Reviews travel editor: This review was originally published before the novel coronavirus interrupted travel on a global scale. We have updated the review to include the hotel's latest policies regarding COVID-19, as well as key guidance to consider. We encourage all travelers to stay safe, follow guidelines from the CDC and WHO, and take precautions. For more reporting on whether it is safe to travel right now, please read our guide to safe travel.

In Las Vegas, a city defined by excesses, glitz, and glamour, there's never a shortage of things to do and see. You can gamble, catch a show, indulge in world-famous restaurants and buffets, dance at nightclubs, and more.

Bally's Las Vegas, a Caesars Entertainment-owned hotel located centrally on the Las Vegas Strip, is exactly where you want to stay when you need easy access to everything on your itinerary plus a clean, sleek, modern room to return to for an affordable price.

First opened in 1973 as the MGM Grand, Bally's is one of the older hotels on the Strip. But don't let its age deter you. A 2018 renovation to the guest room tower transformed it into a more desirable place to stay. What it lacks in elaborate attractions and entertainment, it makes up for in value, convenience, and reliability.

I stayed here while in town for the CES trade show (one of the tech industry's largest, no less), and found the hotel to be incredibly comfortable and convenient with an on-site Monorail station. But even if you're not a conference attendee, you'll appreciate the same features about Bally's that I did: the accessibility, spacious and comfortable rooms, and a wide variety of useful but not overwhelming amenities.

Because I stayed at Bally's during a high-traffic week, rates were more expensive than usual. At the beginning of January for a popular conference, I paid $336 per night.

Average rates are typically around $100 per night at other times of year but you may even find nightly rates as low as $34 midweek, which just might be cheaper than your Vegas buffet dinner.

If you are thinking about a Las Vegas vacation right now, it may be useful to consider what experts say about whether it is safe to stay in a hotel right now, as well as reviewing new cleaning policies and procedures from major hotel brands and their cancellation policies so you can make informed decisions before booking.

Keep in mind that there is no guarantee of safety without a vaccine. We recommend following guidelines from the CDC and WHO, as well as checking all state and local guidelines before traveling. You should also weigh personal risk factors and consider whether you are traveling to or from a hotspot and adhere to safety measures such as social distancing, wearing a mask, and washing hands.

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Bally's Las Vegas Hotel & Casino is one of the cheapest offerings on the Strip with prices regularly under $50 a full renovation means there's no...

Flaws Could Have Exposed Cryptocurrency Exchanges to Hackers – WIRED

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Most people use either an app, an online platform, or a small hardware device as a wallet to store their cryptocurrency safely. The exchanges through which cryptocurrency changes hands, though, and other high stakes operations need something more like a massive digital bank vault. At the Black Hat security conference on Thursday, researchers detailed potential weaknesses in these specially secured wallet schemes, including some that affected real exchanges that have now been fixed.

The attacks aren't the digital equivalent of jackhammering a weak point on a safe or blowing up a lock. They're more like opening an old-timey bank vault with six keys that all have to turn at the same time. Breaking cryptocurrency private keys into smaller chunks similarly means an attacker has to cobble them together first to steal funds. But unlike distributing physical keys, the cryptographic mechanisms that underly multiparty key management are complex and difficult to implement correctly. Mistakes could be costly.

"These organizations are managing a lot of money, so they have quite high privacy and security requirements," says Jean-Philippe Aumasson, cofounder of the cryptocurrency exchange technology firm Taurus Group and vice president at Kudelski Security. "They need a way to split the cryptocurrency private keys into different components, different shares, so no party ever knows the full key and there isn't a single point of failure. But we found some flaws in how these schemes are set up that are not just theoretical. They could really have been carried out by a malicious party."

For the work, Aumasson, a cryptographer, validated and refined vulnerability discoveries made by Omer Shlomovits, cofounder of the mobile wallet maker ZenGo. The findings break down into three categories of attacks.

The first would require an insider at a cryptocurrency exchange or other financial institution exploiting a vulnerability in an open-source library produced by a prominent cryptocurrency exchange that the researchers declined to name. The attack takes advantage of a flaw in the library's mechanism for refreshing, or rotating, keys. In distributed key schemes, you don't want the secret key or its components to stay the same forever, because over time an attacker could slowly compromise each part and eventually reassemble it. But in the vulnerable library, the refresh mechanism allowed one of the key holders to initiate a refresh and then manipulate the process so some components of the key actually changed and others stayed the same. While you couldn't merge chunks of an old and new key, an attacker could essentially cause a denial of service, permanently locking the exchange out of its own funds.

Most distributed key schemes are set up so only a predetermined majority of the chunks of a key need to be present to authorize transactions. That way the key isn't lost entirely if one portion is accidentally eliminated or destroyed. The researchers point out that an attacker could use this fact to extort money from a target, letting enough portions of the key refreshincluding the one they controlthat they can contribute their portion and restore access only if the victim pays a price.

The researchers disclosed the flaw to the library developer a week after the code went live, so it's unlikely that any exchanges had time to incorporate the library into their systems. But because it was in an open-source library, it could have found its way into numerous financial institutions.

In the second scenario, an attacker would focus on the relationship between an exchange and its customers. Another flaw in the key rotation process, in which it fails to validate all of the statements the two parties make to each other, could allow an exchange with malicious motivations to slowly extract the private keys of its users over multiple key refreshes. From there a rogue exchange could initiate transactions to steal cryptocurrency from its customers. This could also be carried out quietly by an attacker who first compromises an exchange. The flaw is another open-source library, this time from an unnamed key management firm. The firm does not use the library in its own offerings, but the vulnerability could have been incorporated elsewhere.

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Flaws Could Have Exposed Cryptocurrency Exchanges to Hackers - WIRED

Cryptocurrency Cards: An Unnecessary Solution That Should Be Stopped – Cointelegraph

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Crypto cards have become a must-have for many crypto services. Hoping to reduce the risk of blocking transactions, companies have been looking again and again for reason why their customers should use plastic. But a crypto card is a placebo that does not solve the problems of either users or fintech companies its only goal is to bring profit to payment systems and intermediaries.

Crypto cards are not needed in the same way that special financial instruments are not needed to buy gold, oil, precious metals or any other resource. The word cryptocurrency like dollar or euro indicates only the currency for transactions with which the card can be used and does not make the banking product any more innovative. However, until banks and payment systems recognize this, we will be forced to eliminate the consequences of cooperation with Wirecard, WaveCrest and other processors that arent the most conscientious, wanting to make money by taking risks but without being able to manage them.

Bank card technologies have gone through a rapid evolutionary path in a very short period of time. They are the fundamental and connecting element for all retail trade relationships. According to Nilson Report, there are currently more than 22 billion payment cards in circulation around the world debit, credit and prepaid. Taking into account that 1.7 billion people do not use banking services at all, for each of the remaining 6 billion people, there are on average 3.6 cards.

All cards are serviced by payment systems that create a closed consumption ecosystem. Heres what happens:

Banks and processor companies pay Visa, Mastercard, UnionPay, American Express and other international payment systems for the possibility of issuing cards.

Cardholders pay banks an annual fee or transaction fees.

Sellers transfer to banks on average 1%4% of the transaction amount for acquiring servicing.

Various intermediaries, aggregators, API providers, etc. also collect a commission.

The main thing is that in each commission payment between all participants, a share of Visa, Mastercard or another payment system is included. If we are talking about cryptocurrency transactions, then the commission of payment systems will be higher, since the traditional financial industry regards these transactions as high-risk.

And yet, bank cards are almost indispensable for transactions worth up to $5,000. This is the fastest and most convenient way to buy crypto from numerous wallets and/or exchanges. Therefore, it would be naive to think that fintech companies could quickly get rid of the intermediation of payment systems and stop paying them for every transaction.

Nevertheless, Visa and Mastercard can do a lot to make their native cards much friendlier to crypto and become a part of the solution, not part of the problem, which Wirecard has been trying to get around, making this kind of change seem inevitable.

Today, when the volume of non-cash payments in many countries has surpassed cash payments, any company wanting to issue bank cards under its own brand, in theory, has three options.

1. Become a principal (direct) participant in the international system. To do this, you need to meet a number of mandatory criteria: have the necessary technological platform and qualified personnel, meet information security requirements, provide security funds, etc.

For example, last year, a principal Visa participant had to have capital of at least $56 million directly with the Visa payment system. Therefore, you need to have an account in United States dollars in the U.S. or in euro in the European Union. The licensing procedure itself can cost about $1 million, excluding the funds required for the security deposit and direct royalties. This is not a realistic option for small and medium fintech companies.

2. Become an associated member of the payment system through the sponsoring bank. In this case, it is the bank that takes care of the compliance with the payment system requirements. The license fee is $200,000$300,000, plus a deposit of several million dollars.

However, even under such conditions, financial organizations do not want to directly cooperate with crypto companies since transactions with cryptocurrency are classified by payment systems as high-risk due to the lack of a unified approach to regulating this area. This results in higher fees and chargebacks for transactions that have been challenged by the cardholder.

3. Contact a processing company. Unlike banks, processors are responsible for issuing payment cards. Among such processors, crypto services usually find partners with a high-risk appetite that are willing to cooperate. Such companies are ready to use various tricks so that payments passing through them are not blocked by the payment system. For example:

Conceal or falsify before the payment system the main activity of the company for which the issue occurs.

Use incorrect Merchant Category Codes.

Issue crypto cards on their own Bank Identification Number, while according to the rules of payment systems, a separate BIN must be allocated for each individual product.

Issue co-branded cryptocurrency cards, which are, in fact, bank cards with an individual design and are then sold through a crypto service.

Expand the limits of card transactions, regardless of the requirements of payment systems and/or the regulator, etc.

All of these are often unjustified risks that processors like Wirecard take on, increasing the cost of issuing and maintaining crypto cards for both crypto services and end-users. Meanwhile, the value of these crypto cards continues to depreciate.

Until recently, people were forced to buy a fourth or even fifth payment card, only for the sake of the crypto prefix in order to save their money from being blocked during operations with cryptocurrency. However, regulated crypto services have already learned to tackle this problem differently by acting strictly within the framework of compliance requirements and forging links with traditional financial institutions.

High-risk processors like Wirecard or Wavecrest can be compared to microfinance institutions, or MFIs, that lend out at huge interest rates. Usually, people turn to MFIs after numerous and not always objective refusals by banks to issue a loan. Sometimes, the money is needed urgently, and the consideration of the application in the bank is delayed; sometimes the banks scoring system does not like the place of work, marital status or the gender of a person. There may be many reasons, but the result is the same: The bank does not want to take risks and people go to less discerning financial intermediaries. Crypto services are forced to do this, too.

A cryptocurrency card is a ridiculous, temporary and forced necessity because banks and payment systems do not want to manage risks on their own. All the risks that Wirecard once assumed when working with crypto companies are now easily eliminated.

Licensing of activities in the field of cryptocurrencies, the implementation of KYC/AML procedures, obtaining a compliance certificate of the payment card industry data security standards and other measures allow crypto services to successfully work with the traditional financial system.

Banks should have the courage to start making money by partnering with regulated crypto services. And for this, above all else, it is necessary to develop internal expertise in the field of compliance. As bank employees have had little motivation to deal with the peculiarities of high-risk transactions, it is easier for them to refuse service to potential clients and/or stop transactions.

However, if a banks compliance service monitors and skips high-risk transactions on a regular and systematic basis, this will create additional cash flow, from which banks could also receive commissions. I am sure that cryptocurrency users right to dispose of honestly received assets should be ensured in an absolutely transparent, legal way, and not by gray schemes. Any card can be crypto, and this is the reality we should all be living in sooner rather than later.

The views, thoughts and opinions expressed here are the authors alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Alex Axelrod is the founder and CEO of Aximetria and Pay Reverse. He is also a serial entrepreneur with over a decade of experience in leading world-class technological roles within a large, number-one national mobile operator and leading financial organizations. Prior to these roles, he was the director of big data at the research and development center of JSFC AFK Systems.

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Cryptocurrency Cards: An Unnecessary Solution That Should Be Stopped - Cointelegraph

Cryptocurrency This Week: India Could Ban Virtual Currencies & More – Inc42 Media

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The Indian government is reportedly having inter-ministerial consultations on a proposed bill to ban all types of cryptocurrencies

Ripple CEO says there is an erosion of trust in global financial markets

Chinas central bank is planning to use its digital currency to challenge the dominance of Alipay and WeChat pay

Trouble may be looming on the horizon for cryptocurrency trading platforms in India, with the government reportedly moving into advanced deliberations over a bill from last year which seeks a complete ban on virtual currencies.

The bill, entitled, Banning of Cryptocurrency and Regulation of Official Digital Currency Bill, 2019, was drafted by an inter-ministerial committee headed by former Finance and Department of Economic Affairs (DEA) Secretary Subhash Chandra Garg. Lawyer Mohammed Danish, the co-founder of Crypto Kanoon, a crypto regulatory media platform, had filed an RTI application with the Department of Economic Affairs to establish whether media reports suggesting that the government had begun consultations on the bill were accurate.

In his RTI, Danish had inquired, Has any cabinet note been sent for IMC (inter-ministerial consultation) on the legal framework of cryptocurrencies/virtual currencies? and, Does this cabinet note seek inter-ministerial consultation on Banning of Cryptocurrency & Regulation of Official Digital Currency Bill, 2019? If not, what is the purpose of this cabinet note?

In its reply to Danishs RTI, the Department of Economic Affairs wrote, The government had set up an inter-ministerial committee (IMC) for examining the issue of cryptocurrencies. The report of the IMC on VCs (virtual currencies) has since been submitted by its members but is awaiting approval of the government. The report and bill will now be examined by the government through inter-ministerial consultation by moving a cabinet note in due course.

The proposed bill calls for a complete ban on all cryptocurrencies and related activities such as mining, holding, advertising, promoting, buying, selling and providing exchange services, among other things. Indian institutions have long been hostile towards cryptocurrencies as it is believed that such currencies are used for anti-social purposes such as funding terrorist activities, a fact backed through evidence collected by the Financial Action Task Force (FATF), an inter-governmental organisation to combat money laundering. These supposed ramifications are believed to be a consequence of cryptocurrencies being outside the purview of any countrys central bank, the lack of any underlying fiat, episodes of excessive volatility in their value, and their anonymous nature which goes against global money-laundering rules.

In March this year, the Supreme Court quashed a Reserve Bank of India (RBI) circular from 2018 which had ordered a banking ban on cryptocurrencies in India. Since the SC order, there has been a spurt in cryptocurrency-related activities in India, with some crypto exchange platforms reporting a 400% spike in trading activity. It remains to be seen if the positive outlook for cryptocurrency exchange platforms in India will hit a roadblock with the coming of a blanket ban on virtual currencies possibly in the upcoming monsoon session of the Indian Parliament, the dates for which are yet to be notified

In other news, Bitcoin is trading at $11,135 at the time of writing, reporting a marginal increase of 1.69% from last week, when the price of a Bitcoin was $10,949. Bitcoins market cap is $205.46 Bn.

Ethereum is trading at $391.52, reporting an increase of around 24% from last week, when the price of Ethereum was $316.6. Ethereums market cap is $43.86 Bn.

Brad Garlinghouse, CEO of global payments system Ripple, has said that in an uncertain world where the global economy is witnessing a downturn due to the financial disruption caused by the Covid-19 pandemic, governments were seriously considering the blockchain technology. Garlinghouse, in a series of tweets, while commenting on a Bloomberg article which detailed the pros and cons of potential alternatives to the dollar such as gold, yuan and crypto, said that with the erosion of trust in the global financial system, people will inevitably gravitate towards cryptocurrencies. It addresses frictions (settlement, transparency, among others) that were assumed VERY hard to solve before. Crypto is up 80% while USD is down 3% YTD, Garlinghouse wrote in a tweet.

Garlinghouse admitted that the US dollars dominance as the backbone of the global financial infrastructure wasnt going to be lost anytime soon to other assets such as gold, the yuan or crypto, among others, anytime soon. But is it weaker today? he asked. Evidently, as the dollar index, which measures the greenback against a host of leading currencies, had its worst month in a decade in July, as it lost more than 4%. It is down 10% from its peak in March.

Chinas central bank, the Peoples Bank of China (PBoC), is reportedly planning to use its digital currency electronics system to counter the dominance of Chinese tech giants Alibaba and Tencent in the countrys digital payments sector. The report comes only a few days after it was reported that PBoC had promoted an antitrust investigation against both companies digital payments platforms, Alipay and WeChat Pay for suppressing competition in the sector. PBoC will use the DCEP to provide banks equal opportunities in the field of digital payments as it earlier did to technology giants.

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Cryptocurrency This Week: India Could Ban Virtual Currencies & More - Inc42 Media

US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space | Taxes – Bitcoin News

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A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking.

These politicians believe Americas ingenuity can help drive this promising staking technology.

The four congressmen are Bill Foster (D) of Illinois, Darren Soto (D) of Florida, Tom Emmer (R) of Minnesota, and David Schweikert (R) of Arizona.

In their letter addressed to IRS Commissioner Charles Rettig, the quartet expressed concern that the taxation of staking rewards as income may overstate taxpayers actual gains from participating in this new technology.

They add this could result in a reporting and compliance nightmare, for taxpayers and the Service alike.

The letter, in which the U.S. politicians explain their understanding of proof-of-stake (POS), also gives reasons why they favor POS ahead of bitcoins proof-of-work consensus.

The politicians say in addition to needing massive amounts of energy, the Bitcoin network is secured by a relatively small number of miners. On the other hand, in POS, all tokenholders can contribute to network security.

By staking tokens, participating third-party tokenholders can also receive newly created tokens as rewards for helping to maintain the network.

The quartet says it agrees with the principle that taxpayers true gains from these tokens should indeed be taxed.

However, the politicians suggest a different solution:

Similar to all other forms of taxpayer-created (taxpayer-discovered) property such as crops, minerals, livestock, artwork, and even widgets off the assembly line these tokens could be taxed when they are sold.

Eager to keep the U.S. abreast with this technology, the congressmen end their letter by urging the IRS to continue pursuing its mandate but also (to) ensure innovation wont be driven elsewhere.

This letter by the four members of Congress is the latest signal that the U.S. is moving to embrace blockchain technology and cryptocurrencies.

In July, the Office of the Comptroller of the Currency (OCC) clarified that national banks and federal savings associations can provide cryptocurrency custody services for customers.

Also in the same month, a U.S. federal court ruled that bitcoin is a form of money.

Meanwhile, reacting to the letter by the U.S. congressmen, Tim Ismilyaev, CEO and founder at Mana Security, says the growth of POS has finally forced some people in the U.S. government to see the importance of embracing cryptocurrencies.

The US government recognizes the immense growth of assets locked in POS and defi [decentralized finance] markets (over $15B is already locked in such products) although these markets did not exist a few years ago. The value of locked assets is likely to surpass $100B mark in upcoming years, and this will happen with or without US approval. So this move by Congress toward crypto is rational.

The bipartisan letter was written on July 29.

What do you think of this letter? Tell us your thoughts in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space | Taxes - Bitcoin News

Cryptocurrency Market Update: Bitcoin flirts with $12,000, Cosmos and Band Protocol lead the altcoin rally – FXStreet

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Bitcoin is leading the market with considerable gains on Monday following a weekend characterized by stability at $11,500. The impressive price action pushed BTC above $12,000 but stalled short of $12,100. An intraday high was traded at $12,083 cut shot the momentum resulting in a reversal below $12,000. At the time of writing, Bitcoin is pivotal at $12,000, although buyers lack the energy to keep the price above this same level.

The daily chart shows that consolidation is likely to take precedence in the short term. The RSI is currently horizontal at 70 (significantly lower than the levels seen during the last week of July and the first week of August). The MACD also highlights a sideways price action. If this consolidation would be a stepping stone for gains above $13,000, it is something that we will have to wait to see. For now, establishing higher support seems to be the wisest action to make.

Read more:Cryptocurrency Market News: Bitcoin attacks $12,000 as selected altcoins roar

Cosmos is among the best performing cryptocurrencies in the market. In the last 24 hours, this token has surged over 20% to trade highs of $5.88 from the lowest level traded in August at $3.50. As reported during the Asian hours, ATOM is holding well in the hands of the bulls despite the minor correction to $5.64 (prevailing market value).

The price also extended the action above the moving averages with the 50 SMA and 200 SMA holding positions at $4.78 and $4.22. Other key support areas include $5.50, $5.00 and $4.00. ATOM/USD 1-hour chart.

Read more:Cosmos Price Forecast: ATOM/USD goes ballistic eyeing $6.00 critical level

Band Protocol price update

BAND/USD is flying the bullish flag pattern high in the skies following gains of over 34% in the last 24 hours. After starting the month of August trading around $4.21, Band Protocol has more than quadrupled its value trading highs of $18.00. At the time of writing, the digital currency is trading at $15.51 following a minor retreat. The token is still in the bulls hands with gains towards $20.00 still possible in the near term.

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Cryptocurrency Market Update: Bitcoin flirts with $12,000, Cosmos and Band Protocol lead the altcoin rally - FXStreet

Will This Quantum Computing Breakthrough Save Bitcoin and Cryptocurrency? – The Daily Hodl

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A new computing breakthrough may just save Bitcoin and cryptocurrency from powerful quantum machines that have the potential to breach public-key cryptography.

Researchers are following the development of a new measure known as lattice-based cryptography that promises to make crypto technology more quantum-proof, reports MIT Technology Review.

Lattice-based cryptography may neutralize the massive computational capabilities of quantum computers by hiding data inside complex geometric structures that contain a grid of infinite dots that are spread across thousands of dimensions. The security measure appears to be virtually impenetrable even with the use of powerful quantum computers unless one holds the key.

The emergence of quantum computing machines has grabbed headlines over the past few months as the technology poses a threat to cryptographic algorithms that keep cryptocurrencies, like Bitcoin as well as the internet at large secure. The World Economic Forum explains how quantum computers can break current standards of encryption.

The sheer calculating ability of a sufficiently powerful and error-corrected quantum computer means that public-key cryptography is destined to fail, and would put the technology used to protect many of todays fundamental digital systems and activities at risk.

MIT Technology Review says that while the current iterations are not yet ready for implementation, the solution is promising, especially as a post-quantum future is fast approaching. Ripple CTO David Schwartz says he believes developers have at least eight years until the technology, which leverages the properties of quantum physics to perform fast calculations, becomes sophisticated enough to crack cryptocurrency.

I think we have at least eight years. I have very high confidence that its at least a decade before quantum computing presents a threat, but you never know when there could be a breakthrough. Im a cautious and concerned observer, I would say.

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Will This Quantum Computing Breakthrough Save Bitcoin and Cryptocurrency? - The Daily Hodl

Hulk Just Exploded Into Bits and Pieces in The Immortal Hulk #35 – Screen Rant

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Hulk just overloaded with green energy and exploded in The Immortal Hulk #35. Is the 'Immortal Hulk' more mortal than readers have believed?

Warning! Spoilers for Immortal Hulk #35 below

The Hulk is known for his body's extreme resilience. His body is so durable because of his ability to increase his strength through anger. Hulk is so close to immortal that he is often pitted against Marvel's strongest heroes and villains. Hulk has survivedcountless destructive events and deadly foes, but in The Immortal Hulk #35,his body was just completely obliterated by an explosion from within.

The Hulk is a hero so powerful that some of his fellow heroes once tricked him into leaving the earth because of his capacity for destruction. While he appears immortal (and become seemingly immortal in the current run) he has momentarily died in several comics only to be saved or revived by a miraculous event. His death in The Immortal Hulk #35was one of the most complete and brutal because his entire body was reduced to shreds of skin and bone in the final panel.

Related:Hulk's Strong Enough To Wear TWO Infinity Gauntlets (in Comics)

The Immortal Hulk #35by Al Ewing, Mike Hawthorne, Mark Morales, Paul Mounts, Cory Petit, and Alex Ross ends with Bruce Banner's body left in tatters after he internally combusts. This issue finds Hulk helping build a house as part of his quest to do good and control his extreme emotions. His actions turn into a big press scene for the local mayor. Little does Bruce know, one of his greatest foes, The Leader is mere feet away from him, disguised as Bruce's close friend Rick Jones. Just as Hulk calms himself down from a close call with losing his temper, The Leader strolls up to him in Rick's body and lays a hand on his shoulder. The Leader charges Hulk's body with a green light that might be gamma radiation.

The green light energy fills The Hulk's body first escaping his eyes and mouth until it eventually explodes obliterating Hulk's body and killing two bystanders. The Leader is one of the most capable Hulk villains due to the superintelligence at his disposal. He, like The Hulk, was a product of gamma radiation. Fans have seen Hulk's body endure all kinds of punishment including getting his neck snapped in comics or his body scorched in Avengers: Endgame.Despite getting extremely close to dying many times, Hulk has rarely had his entire body destroyed such as in The Immortal Hulk #35.

The Leader has historically been one of The Hulk's fiercest opponents in the comics so has he finally done what seemed impossible? It is difficult to fathom what writer Al Ewing has in store for Marvel's big green powerhouse. This suspenseful story poses a question that Hulk fans have been pondering since his inception. Is the 'Immortal Hulk' truly immortal?

Next:How Powerful The Hulk Really Is In Each MCU Movie

Source: The Immortal Hulk #35

Star Wars: The REAL Reason Luke Escaped Darth Vader

Charles Singh is a reader, writer, and huge geek. He is based in The Bronx, New York. He received a Bachelor of Arts degree in English literature in 2019 from Lehman College. He has worked for several non-profit organizations including The Harlem Children's Zone, MMCC, and The GO Project, assisting New York City's youth and spreading a love for literature.

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Hulk Just Exploded Into Bits and Pieces in The Immortal Hulk #35 - Screen Rant

First Amendment Protections in K-12 Schools Not "Restricted to Only Core Political Speech" – Reason

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So holds the First Circuit in yesterday's decision in Norris v. Cape Elizabeth School Dist., and I think that's exactly the right reading of the Supreme Court precedents (and consistent with other circuits' decisions).

The particular speech in that case was an anonymous "sticky note on a mirror in a Cape Elizabeth High School girls' bathroom that stated 'THERE'S A RAPIST IN OUR SCHOOL AND YOU KNOW WHO IT IS.'" One might argue that this is core political speech, because it's an implicit accusation that the school isn't doing anything about this, but the court's decision makes it unnecessary to draw the political/nonpolitical line. "Because we conclude that Tinker is not limited to political speech, we need not decide if A.M.'s sticky note, understood in the context of her prior activities related to sexual assault activism including her statements to the Cape Elizabeth H.S. school board, was objectively viewed as political."

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First Amendment Protections in K-12 Schools Not "Restricted to Only Core Political Speech" - Reason

Best Competency With Artificial Intelligence is by Having Intelligent Experience – ReadWrite

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AI is changing the way customers interact with businesses. AI changes everything with how websites and bots will work along with many other tools and integrated systems. Businesses protect and manage digital assets and data of the company. There is a day-to-day struggle in businesses currently using artificial intelligence, which is made more difficult because of sequential technologies.

Many businesses are intrigued by the idea of turning to artificial intelligence for help in the sales process. AI is certainly capable of finding your best-qualified sales leads. AI can give you efficient issue resolution, and systems that feed actual data back in for future process and product improvements. However, most enterprises do not know where or how to get started with their new company AI.

Systems and data must connect to allow full use of capabilities as if all information were native to each. And also, edgeways to present information to end-users, though data is evolving on a constant basis. The environment requires specialized insight and know-how to ensure a smooth and continuous integration thats both relevant and current.

The intelligent experience is all about leveraging AI to derive predictive insights that can be embedded in the workflow. Companies seeking competitive advantage must find ways to make their business operations more intelligent.

AI functionality is poised to be a game-changer, exploring possibilities and opening up new roles and more business-central activities. However, its important to first understand how intelligent experience can help improve? It starts with a shift in focus.

Artificial intelligence is edging into business processes across organizations, however, when an organization interacts with the use of AI correctly, that shouldnt be a sign AI is running the experience behind the scenes.

AI has the power to make customers feel they are making their choices, but its the machine learning and the algorithms that are handling those decisions.

The most useful sense, when it comes to shifting in focus, is vision keeping track of the ability to give suggestions on how to improve.

Artificial Intelligence is going beyond the senses and going straight to the source the brain. The very reactive tactic, oftentimes, companies are late, identifying customers likely when its too late. This is because there is a major difference between predicting significant changes in the economy and a financial sign that becomes apparent only after a large shift has taken place.

Artificial Intelligence aims to heavily impact a number of industries worldwide shaping online customer experience models. The AI technology will take hold across many industries over the coming decade, and businesses firmly need to decide how AI will help them to optimize conversions.

Automating most internal processes, the operational effort involved in maintaining and controlling devices is reduced. However, simultaneously shifting focus, the marketplace, significantly allows configuration.

More cost-efficiency is rising from artificial intelligence, so customers can focus on increasing the quality and operations of their processes with just an increase in resources.

It is crucial to assess the landscape of the acquisition time period. This often is where perceptive relations start to form. Customers are going to be comparing their initial experience to the expectations entrepreneurs set during the sales process.

Processes of Artificial Intelligence are making significant progress in reducing several walks of life problems. It also provides automation of not-get interpretation and grasping, restructure the information.

With AI, as per the market, you can spur on processes, get value from data, and provide clients with a better experience. All those benefits can help drive sales and boost revenue.

The application of the AI system may now be defined in considerable detail. As of a rule, the cost of Artificial Intelligence requires intelligence on the work being done for proactive development. The development work is usually split into several feasibility studies and set business and project objectives.

However, if Artificial intelligence claims to be a plug-and-play canned legacy, you need to be highly suspicious. You need to have someone trained to take care of this system. (source: coseer.com.)

The sufficient algorithm performance is a key cost-effective factor, as often a high-quality algorithm requires a round of tuning sessions. To decide between various algorithmic approaches towards businesses, one needs to understand how exactly inculcation takes place under the hood, and what can be done to obtain competency.

If it is not clear up-front, one may end up in a situation of not-more-performing. AI is certainly exciting, but business owners cannot jump into it without first laying the foundation with basic analytics.

With so many possibilities for applying AI across an organization, in all likelihood, deploying an AI system must be effective. AI is often considered solely from a technology perspective and little wonder since its capabilities rely onand continually improve throughtechnical innovations.

Deploy with quick-witted positioned skills and a variety of tools to create AI algorithms that can be inserted into enterprise applications. Quick wins bring an added bonus. Meaning that getting the most out of AI is about validating AIs ability to spark value, keeping momentum and funding, and going for longer-term projects.

AI doesnt thrive in a vacuum. Businesses that generate value from AI deal with it as a major business transformation initiative that requires non-similar parts of the company to come together and work with probable expectations. AI is the future of business operations.

When contemplating an investment in AI, be sure you have pragmatic predictions and have a setup that will allow you to embed insights into the daily workflow of your organization. Through the power of AI, you can start blurring the lines between sales, service, and marketing.

The power of artificial intelligence needs a hard edge at business processes and the majority of resources. From there, your company can use AI in a way that actually helps your business grow and ultimately boost your bottom line.

Image Source: Pexels

Adedeji Omotayo is a Digital marketer, PR expert, content writer; the CEO, founder, and president of EcoWebMedia, a full-service digital marketing company. Adedeji is passionate about technology, marketing, and at the same time work with both small and big companies on their internet marketing strategies.

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Best Competency With Artificial Intelligence is by Having Intelligent Experience - ReadWrite

R&D Roundup: Supercomputer COVID-19 insights, ionic spiderwebs, the whiteness of AI – TechCrunch

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I see far more research articles than I could possibly write up. This column collects the most interesting of those papers and advances, along with notes on why they may prove important in the world of tech and startups. This week: supercomputers take on COVID-19, beetle backpacks, artificial spiderwebs, the overwhelming whiteness of AI and more.

First off, if (like me) you missed this amazing experiment where scientists attached tiny cameras to the backs of beetles, I dont think I have to explain how cool it is. But you may wonder why do it? Prolific UW researcher Shyam Gollakota and several graduate students were interested in replicating some aspects of insect vision, specifically how efficient the processing and direction of attention is.

The camera backpack has a narrow field of view and uses a simple mechanism to direct its focus rather than processing a wide-field image at all times, saving energy and better imitating how real animals see. Vision is so important for communication and for navigation, but its extremely challenging to do it at such a small scale. As a result, prior to our work, wireless vision has not been possible for small robots or insects, said Gollakota. You can watch the critters in action below and dont worry, the beetles lived long, happy lives after their backpack-wearing days.

The health and medical community is always making interesting strides in technology, but its often pretty niche stuff. These two items from recent weeks are a bit more high-profile.

One is a new study being conducted by UCLA in concert with Apple, which especially with its smartwatch has provided lots of excellent data to, for example, studies of arrhythmia. In this case, doctors are looking at depression and anxiety, which are considerably more difficult to quantify and detect. But by using Apple Watch, iPhone and sleep monitor measurements of activity levels, sleep patterns and so on, a large body of standardized data can be amassed.

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R&D Roundup: Supercomputer COVID-19 insights, ionic spiderwebs, the whiteness of AI - TechCrunch

Nootropics Market Report to 2026 Industry Demand Analysis and Current Trend – Bulletin Line

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Nootropics Market Industry Forecast To 2026

Garner Insights has titled a new research report named as Nootropics Market 2020 to its consistently extending database. The report clarifies this through a series of channels which include data ranging from rudimentary data to an undeniable estimate. It consolidates all the fundamental factors that are foreseen to change inside the market. The information would thus be used to heighten an organizations standing in the worldwide market.

The novel COVID-19 pandemic has put the world on a standstill, affecting major operations, leading to an industrial catastrophe. This report presented by Garner Insights contains a thorough analysis of the pre and post pandemic market scenarios. This report covers all the recent development and changes recorded during the COVID-19 outbreak.

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Major Manufacturer Detail:Nootrobox, Cephalon, Purelife Bioscience, Peak Nootropics, Nootrico, SupNootropic Biological Technology, AlternaScript, Accelerated Intelligence, Onnit Labs, Powder City, Ceretropic, Nootropic Source, Clarity Nootropics

The Important Type Coverage:Attention and Focus, Memory Enhancement, Mood and Depression, Sleep and Anxiety, Others

Segment by ApplicationsAdult, Kid

The Nootropics report consists of streamlined financial data obtained from various research sources to provide specific and trustworthy analysis. Evaluation of the key market trends with a positive impact on the market over the following couple of years, including an in-depth analysis of the market segmentation, comprising of sub-markets, on a regional and global basis. The report also provides a detailed outlook of the Nootropics market share along with strategic recommendations, on the basis of emerging segments.

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North America (U.S and Canada and Rest of North America)Europe (Germany, France, Italy and Rest of Europe)Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)

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1. An overall outlook of the market that helps in picking up essential data.2. The market has been segmented on the basis of the product types, applications, end-users, as well as the industry verticals, in light of numerous factors. Considering the market segmentation, further analysis has been carried out in an effective manner. For better understanding and a thorough analysis of the market, the key segments have further been partitioned into sub-segments.3. In the next section, factors responsible for the growth of the market have been included. This data has been collected from the primary and secondary sources and has been approved by the industry specialists. It helps in understanding the key market segments and their future trends.4. The report also includes the study of the latest developments and the profiles of major industry players.5. The Nootropics market research report also presents an eight-year forecast on the basis of how the market is predicted to grow.

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Nootropics Market Report to 2026 Industry Demand Analysis and Current Trend - Bulletin Line

In Depth Analysis and Survey of COVID-19 Pandemic Impact on Global Canine Stem Cell Therapy Coronavirus Impact Editon of Key Players VETSTEM…

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Rising number of corona virus cases has impacted numerous lives and led to numerous fatalities, and has affected the overall economic structure globally. The Canine Stem Cell Therapy has analyzed and published the latest report on the global Canine Stem Cell Therapy market. Change in the market has affected the global platform. Along with the Canine Stem Cell Therapy market, numerous other markets are also facing similar situations. This has led to the downfall of numerous businesses, because of the widespread increase of the number of cases across the globe.href=mailto:nicolas.shaw@cognitivemarketresearch.com>nicolas.shaw@cognitivemarketresearch.com or call us on +1-312-376-8303.

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Report Scope:Some of the key types analyzed in this report are as follows: Allogeneic Stem Cells, Autologous Stem cells

Some of the key applications as follow: Veterinary Hospitals, Veterinary Clinics, Veterinary Research Institutes

Following are the major key players: VETSTEM BIOPHARMA, Cell Therapy Sciences, Regeneus, Aratana Therapeutics, Medivet Biologics, Okyanos, Vetbiologics, VetMatrix, Magellan Stem Cells, ANIMAL CELL THERAPIES, Stemcellvet

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In Depth Analysis and Survey of COVID-19 Pandemic Impact on Global Canine Stem Cell Therapy Coronavirus Impact Editon of Key Players VETSTEM...

Tevogen Bio Announces Partnership With Preeminent Scientist Professor Neal Flomenberg, MD, to Investigate Proprietary T-Cell Therapy for Treatment of…

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METUCHEN, N.J., Aug. 10, 2020 /PRNewswire/ --Tevogen Bio announces a joint partnership with renowned bone-marrow transplant expertNeal Flomenberg, M.D., Professor and Chair of the Department of Medical Oncology at Thomas Jefferson University, with the intent to evaluate Tevogen' s proprietary antigen-specific T cell technology as a potential treatment for COVID-19 and influenza-A patients.

This collaboration aims to harness Tevogen's proprietary immunotherapy platform and Dr. Flomenberg's expertise and research prowess to investigate potential treatments for viral infections.

Dr. Flomenberg has been at the forefront of immunogenetics and immunology for more than four decades. "Tevogen's technology resonated with me as there have been several groups who have used T cells to treat patients after bone-marrow transplants. The idea of utilizing T cell therapies to potentially treat COVID-19 and other viruses is truly remarkable," Flomenberg said. "I'm enthusiastic about moving forward with an investigation of Tevogen's technologies."

Tevogen CEO Ryan Saadi, M.D., M.P.H., is leading the new biotech's efforts. "Our work has been to pioneer T cell therapies that can be abundantly and efficiently reproduced to develop an affordable and scalable cellular treatment for the biggest global health threats, including COVID-19, influenza, and a variety of cancers. We are very excited about Dr. Flomenberg's contribution to our efforts and hope to initiate our investigational study soon."

In addition to developing its potential therapies, Tevogen is committed to organizational and manufacturing efficiency. This should allow it to engage in affordable innovation to the benefit of all patients.

About Tevogen Bio

Tevogen Bio was formed after decades of research by its contributors to concentrate and leverage their expertise, spanning multiple sectors of the health care industry, to help address some of the most common and deadly illnesses known today. The company's mission is to provide curative and preventative treatments that are affordable and scalablein order to positively impact global public health.

About Dr. Neal Flomenberg

Dr. Neal Flomenberg is the Chairman of Medical Oncology at Jefferson University in Philadelphia and also heads the Hematologic Malignancies, Blood and Marrow Transplantation (BMT) Program. Throughout his more than four decades of practice, he has maintained a longstanding interest in the immunogenetics and immunology of stem cell transplantation, with the goal of making transplantation safer and more widely available. Dr. Flomenberg developed an approach to bone-marrow transplants that uses half-matched relatives as donors, a breakthrough that assures that the majority of blood and bone-marrow cancer patients can benefit from this potentially curative treatment.

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SOURCE Tevogen Bio

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Tevogen Bio Announces Partnership With Preeminent Scientist Professor Neal Flomenberg, MD, to Investigate Proprietary T-Cell Therapy for Treatment of...