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Journey To Impact: Volunteering In Boroondara | Mirage News

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Coinciding with International Volunteer Day, we’re exploring the stories of local volunteers making a difference every day through ‘A journey to impact’ at Hawthorn Arts Centre.

Join a talk or drop in to explore our pop-up display on volunteering in Boroondara, from Monday 2 December to Wednesday 11 December.

Come along and connect with our team from the Boroondara Volunteer Resource Centre (BVRC). Whatever time and skills you have to offer, we can help find the perfect volunteer role for you.

Top Stories Tamfitronics Come and see us

The team from Boroondara Volunteer Resource Centre will be available at Hawthorn Arts Centre, 360 Burwood Road Hawthorn, from from 2 to 11 December at these times:

  • from 10 am to 4 pm on weekdays
  • from 12 pm to 4 pm on Saturday 7 December.

Speak with a Volunteer Ambassador to have your questions answered or find out how to get started:

  • Monday 2 December, 1 to 3 pm
  • Wednesday 4 December, 10 am to 12 pm
  • Saturday 7 December, 1 to 3 pm
  • Monday 9 December, 10 am to 12 pm
  • Wednesday 11 December, 3 to 5 pm

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.

Science & Technology
Report; The impact AI has on the traders’ world

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AI technology has had massive implications for many different industries and sectors, with new tools saving countless hours by generating ideas and automating everyday tasks.

Award-winning broker Alpari has put together a new report that gives an overview of how AI is changing the world of trading, as well as showing how far technology has come since the birth of computer-assisted trading in the 1970s.

AI tools that traders can use today fall into 4 main categories.

Language processing: Tools like Crowd Insight offered by Trading Central, which can read what news outlets are publishing about different opportunities and use this information to build a quick overview of the overall market sentiment. This includes an analysis of whether the sentiment is rational or irrational and how much weight each media outlet’s opinion holds. Trading Central tools are available to all Alpari customers.

MetaTrader Expert Advisors: These add-ons are made by independent developers, available for traders to use in version 4 or 5 of the trading platform MetaTrader 4. These bots use AI to analyse opportunities and even execute trades themselves on the trader’s behalf.

High-frequency trading: This is a common trading method used by large hedge fund companies. Powerful computers use algorithms to execute millions of trades in seconds – as AI technology becomes increasingly sophisticated, the effectiveness of this method may continue to increase.

Simulations: AI allows traders to simulate what would happen in the future in the event based on a huge number of variables, meaning they can test trades thoroughly before committing. Simulations are also useful for beginner traders, giving them an artificial environment in which to practise.

Alpari also created a timeline of how computer-assisted trading has changed and developed over the years, since the founding of Nasdaq, the first electronic stock exchange, in 1971.

Program trading, which uses computer systems to execute large orders, became popular in the 1980s. The Black Monday stock market crash in 1987 was partly attributed at the time to the use of program trading, but opinion is now divided on its true causes.

In the 90s, technological advancements led to the launch of REDI, one of the first electronic order systems. The SEC ruled that Electronic Communication Networks were allowed to compete with traditional stock exchanges.

There was a great deal of development in the 2000s. The decimalization of stock prices in 2001 made it easier for algorithms to trade in smaller quantities. The SEC introduced the Regulation National Market System in 2005, which encouraged faster trading. By 2007, algorithmic trading accounted for over 30% of equity trading volume in the US.

In 2010, the Flash Crash which caused the Dow Jones Industrial Average to plunge nearly 1,000 points may have been due to a massive sell order carried out by an algorithm. Then, in 2012 an algorithmic trading error caused Knight Capital Group to lose $440 million.

The 2014 release of Michael Lewis’s book “Flash Boys” raised awareness of high-frequency trading. By 2016, about 80% of FX trading was algorithmic – and by 2019, 60-73% of trading in the US was algorithmic.

Now in 2024, one interesting development is the way that chatbots are entering the trading space, with companies developing tools they say can give informed recommendations.

Alexey Efimov, Market Analyst at Alpari, comments:

“AI could have major implications for traders at all levels, so it’s worth researching whether there are any tools that might be able to help you save time and trade more efficiently. As time goes on, it’s likely that these tools will develop even further and become even more advanced. However, trading is risky, with or without AI assistance, so traders should always understand that their money is at risk – don’t let AI tools give you a false sense of security.”

-Ends-

Notes to Editors

Disclaimer: Trading is risky.

The full piece is available online: http://alpari.com/en/market-analysis/ai-changing-trading/

About Alpari

Alpari is a long-established leader in online financial trading. They pioneered online forex trading for retail clients 25 years ago, and remain focused on enabling individuals to access the potential of global financial markets

Alpari clients are individuals with an appetite to generate financial returns through self-directed trading. They are comfortable taking risks in order to generate returns and are willing to invest time to build the skills needed to succeed

Alpari’s promise to these clients is to enable them to “access global trading opportunities securely”. They believe that individuals anywhere in the world should be able to access opportunities in financial markets – where local political environments do not support domestic regulation, they provide solutions for individuals to access our services offshore, but offering the same service standards and client protections as a regulated business.

Press release distributed by Pressat on behalf of Alpari, on Tuesday 12 November, 2024. For more information subscribe and follow https://pressat.co.uk/

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America is at risk of high impact GPS jamming and spoofing from space

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“There is every reason to believe China’s BeiDou global navigation satellite system has the ability to imitate American GPS signals and those of Europe’s Galileo,” said Professor Todd Humphreys of the University of Texas Radionavigation Lab. Humphreys was speaking at The Department of Transportation’s annual Civil GPS Service Interface Committee meeting, held for the public this September in Baltimore. He also discussed a long-term Russian project to put a nuclear-powered electronic warfare weapon in orbit that could do the same thing. 

Broad adoption of GPS signals over the last forty years for use in everything from weapons systems to electrical grids and industrial controls have made them prime targets in conflict zones. By preventing reception (jamming) or sending false GPS signals (spoofing), belligerents can degrade or disable munitions, redirect drones and missiles and degrade IT systems and other infrastructure.

Unlike many of its adversaries, the United States has made few preparations for such attacks on its homeland and infrastructure, despite mishaps at home that have disrupted air traffic control systems and regular press reports of American weapons systems degraded by jamming and spoofing overseas.

Open conflicts in Ukraine, the Middle East, Kashmir and Myanmar demonstrate the utility of this kind of cyber and electronic warfare every day. Vladimir Putin’s regular GPS jamming and spoofing in the Baltic also shows its usefulness as a tool for discrediting the systems and institutions of one’s opponents in a form of low-level, hybrid, non-kinetic warfare. These should be daily reminders of the peril of the U.S.’s inaction.

Interference with GPS signals has greatly increased over the last ten years, dramatically so since 2021. Since there are many incentives for malicious actors and few easy countermeasures, many experts like Humphreys see the activity continuing to grow. While most interference to date has seemingly come from equipment on Earth, experts predict that this activity will likely expand to space-based sources.

GPS and the signals that interfere with it require line-of-sight access. Because of this, while some infrastructure and terrestrial systems have occasionally been affected to date, the vast majority of impacts have been to aircraft and ships not shielded by terrain.

The dangers of space-based GPS disruptions

Jamming or spoofing from space would have a much broader impact, potentially affecting every receiver in the area targeted. Even multi-element antennas used to help receivers ignore bad signals from one direction could conceivably be neutralized because the interference would be coming from everywhere. This would have immediate and devastating impacts on broad geographic regions like Europe or the continental United States.

GPS signals are incredibly weak, so a little bit of radio noise broadcast at the right frequency is often enough to prevent reception. And, since the U.S. government made GPS a “gift to the world,” the exact nature and specifications for the signals are public knowledge.

The U.S. military has known about the possibility of GPS signals being manipulated since the early days of the program. In 1995, only two years after GPS became operational, the MITRE Corporation responded to Department of Defense concerns with the paper “Techniques to Counter GPS Spoofing.” This became a benchmark document still referenced within the cleared tech community.

For a long time, spoofing wasn’t much of a concern. But the advent of inexpensive digital technology and software-defined transmitters has made imitating GPS signals relatively cheap and easy. Even a reasonably competent hobbyist can now spoof many receivers into thinking they are somewhere they are not.

There are a number of reasons to believe this technology or something like it has been incorporated into China’s BeiDou, the world’s newest GPS-like system.

A close look at BeiDou

When BeiDou satellites were first launched in 2015, Europe was still in the process of fielding its Galileo global navigation satellite system. Researchers there were interested to learn as much as they could about the Chinese effort. During one set of observations, some researchers reportedly noticed the Chinese satellites transmitting GPS and Galileo-like signals. Spoofing had not yet become a disruptive global phenomenon, and the researchers did not connect the incident with the potential for malicious activity. So, it was never formally reported. When asked about their observations recently, they either declined to comment or spoke only on the condition of anonymity.

Others have affirmed Humphreys’s observation about BeiDou’s likely capabilities.

During a discussion on the topic prior to the Department of Transportation meeting, a researcher at the German Aerospace Center, DLR, observed that “[BeiDou] satellites and signals seem very flexible. It wouldn’t take much effort, and I would not be surprised if they could imitate signals from another constellation.”

Similarly, a researcher in the U.S. commented that international efforts to make the world’s global navigation satellite systems interoperable has naturally pushed them closer to being able to transmit each other’s signals.

“Everyone is sharing the same center frequency, and spectrum, and similar waveforms,” the researcher, who asked not to be identified, told me. “All this meant that, in pursuit of coexistence and interoperability, we have essentially taken all constellations 90% of the way to being able to mimic one another. The residual effort to “spoof” another system is actually quite small. It’s a wonder it has taken this long to get attention.”

Russian space-based threats

While Russia’s GLONASS satnav system is much older and less capable than China’s, the Putin regime seems to be pursuing its own course for being able to deliver knockout blows to GPS, as Moscow threatened it would do in November 2021 if NATO crossed its red line and interfered with the invasion of Ukraine.

In February, Congressman Mike Turner (R-OH) warned about Russia’s plans to place a nuclear weapon in orbit. Subsequently, the administration announced that this was a planned kinetic anti-satellite weapon — not a threat to Americans on the ground.

Less well known, and something also mentioned by Humphreys at the meeting, is a Russian project called Ekipazh or Zeus. A nuclear-powered electronic warfare satellite that would likely be able to jam GPS signals across a significant portion of the globe or subtly spoof them. According to the most recent publicly available reporting, test flights for the system had been planned for 2021.

Other perspectives

The potential for these kinds of threats and attacks on GPS from space has been considered by others.

In a recent paper about navigation warfare the National Security Space Association discussed the possibility and said “A space-based EW (electronic warfare) weapon could have devastating impacts to the U.S. homeland.”

Retired U.S. Air Force General William Shelton, a member of the Resilient Navigation and Timing Foundation Board of Directors, was the commander of the service’s Space Command from 2011 to 2014. When I asked about the possibility of China’s navigation satellites also being able to transmit signals to interfere with or imitate GPS, he told me, “I don’t see why they wouldn’t build their satellites that way.” He also thinks there is a real possibility that Russia has or soon will put a powerful electronic warfare satellite in space.

When I asked if the U.S. has developed and deployed similar technologies, he said, “I certainly hope so!”

Dana A. Goward is President of the non-profit Resilient Navigation and Timing Foundation, and a member of the President’s National Space-based Positioning, Navigation, and Timing Advisory Board.

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US Election Impact on Crypto Regulations: Will Donald Trump Ease SEC Restrictions?

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Top Stories Tamfitronics US Election Impact on Crypto Regulations: Will a Trump Win Open Doors for New ETFs?

The United States is about to witness a crucial presidential election this November. This time, the contest is so close that it is hard to predict whether Republican candidate Donald Trump or Democratic candidate Kamala Harris will emerge victorious. Interestingly, a recent report indicates that a section of the cryptocurrency community wants to see Donald Trump’s victory. Why?

Read on to know more!

Crypto Faces a Tough Time

Even though it was under the leadership of Gary Gensler that the US SEC approved the first Bitcoin Spot ETFs and Ethereum Spot ETFs, it was not easy for the companies involved to secure the approval, as they had to overcome several regulatory obstacles. The US SEC has been tough not only on the cryptocurrency ETF sector but also on top crypto exchanges like Binance and Coinbase, which have entered into legal battles with the regulator to secure their rights.

Do we need any more evidence to assume that the present US SEC administration has given a tough time to the entire cryptocurrency industry, especially the crypto spot ETF sector?

Trump: The Crypto Saviour?

Many analysts think that the victory of Donald Trump in the US presidential election is the simplest solution to the present crisis in the cryptocurrency world. Notably, among those who consider Trump as the solution is Eric Balchunas, an acclaimed crypto analyst. Like most analysts, Balchunas also believes that once Trump wins the 2024 election, he will replace Gensler with someone more supportive of the cryptocurrency industry.

Clearly, not many expect a major reversal in the attitude of the US SEC towards certain sensitive crypto-related matters, such as the approval of new crypto spot ETFs. What prompts some analysts to take a strong stand against the victory of Kamala Harris is the fear that Gensler may continue as the SEC chain under her administration.

Youve heard of the Fed Put. This is like the Trump Call.. filings for XRP or Solana or any other alt coins are basically like a cheap call option on a Trump win as Genz will be gone and anythings poss. Harris wins no way these get approved, and the call expires worthless. https://t.co/mkpCbqEuQ4

— Eric Balchunas (@EricBalchunas) October 1, 2024

XRP and Solana ETFs to Launch Soon?

There have been reports that Bitwise is preparing to launch an XRP ETF soon. The recent registration of a trust in Delaware by the company is considered by many as an initial step towards the XRP ETF move.

Earlier this year, a court ruling classified XRP’s secondary sales as non-securities, and the SEC has yet to appeal this decision. However, with the regulator having until October 7, 2024, to file a challenge, uncertainty looms over whether the SEC will take action.

Solana Under Fire Too!

The situation is similar for Solana, which has yet to receive SEC approval for its ETFs. The prevailing sentiment among crypto enthusiasts is fueled by the fact that few global jurisdictions maintain such stringent regulatory standards. For instance, Brazil recently approved two spot Solana ETFs, highlighting its regulators’ openness to new financial innovations.

In conclusion, the outcome of the U.S. election will undoubtedly play a critical role in shaping the future of the cryptocurrency sector, especially regarding its ETF segment.

What do you think? Will a Trump presidency usher in a new era for crypto regulations, or will the SEC’s grip tighten? Share your thoughts!

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