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Everything You Need to Know When Using a Digital Currency Exchange | IDOs News
![Everything You Need to Know When Using a Digital Currency Exchange | IDOs News Everything You Need to Know When Using a Digital Currency Exchange | IDOs News](https://image.blockchain.news/thumbnails/FDA4733109B2910BEBBCE070AF805251EB2796FC4A0D67D9CA67A10369FE3DE3.jpg)
The crypto market is currently in another bull cycle. Bitcoin recently hit an all-time high price of $73,800. There are also hundreds of meme coins booming and busting in quick succession.
The crypto market is currently in another bull cycle. Bitcoin recently hit an all-time high price of $73,800. There are also hundreds of meme coins booming and busting in quick succession. Of course, you very likely already know this. And this is a testament to how much cryptocurrencies have permeated society and changed how we perceive and manage financial assets.
Much of this has been made possible by digital currency exchanges that provide platforms for billions of people worldwide to trade and invest in cryptocurrencies—at transaction speeds that even the traditional financial system is still only catching up to. Here’s an example of such an exchange: https://www.independentreserve.com/au.
However, as it is with any financial venture, these exchanges come with a unique set of risks and challenges. For anyone looking to navigate the crypto market, and hopefully participate in the bull season, it is crucial to understand these intricacies.
Why are Digital Currency Exchanges Necessary?
Crypto exchanges act as intermediaries and facilitate the trade of digital assets like Bitcoin and other cryptocurrencies. They provide a structured marketplace that is usually intuitive enough to be navigated by both seasoned traders and newcomers alike.
Additionally, these also typically offer analytical tools, and real-time market data and sometimes even help provide educational resources to assist users in making informed decisions in trading their cryptocurrencies.
What Are These Risks And Challenges?
However, the purpose of this article is to get into the risks and challenges that are associated with these exchanges. So, let us get into them:
Volatility risk is not exactly directly tied to crypto exchanges. However, it bears mentioning, as these exchanges are the main arenas where crypto transactions take place. These fluctuations typically occur in mere seconds, leading to either high gains or heavy losses. This volatility is usually caused by a variety of factors including announcements from regulatory bodies or government leaders or random shifts in market sentiments.
As an investor, you need to learn how to navigate these turbulent waters with the care of an expert captain; developing a system that allows you to make quick movements in your portfolio, in adapting to market changes. Essentially, the markets are unpredictable, so you have to keep your ear to the ground. To do this, you need to switch on news alerts for the keywords that are often included in the news headlines that typically move the markets.
Many crypto exchanges come with features like this that alert you to market-moving events; so it may be wise to consider that as a factor in selecting which exchange to use. However, you also need to develop your independent systems for monitoring these trends.
Another area with a lot of risks is the legal and regulatory aspects of things. The crypto market is relatively new, and hence the legal frameworks are largely nascent and evolving or even non-existent. From countries like el-Salvador where crypto adoption is encouraged by the government to countries like China, where it is permanently banned; regulatory attitudes vary widely. And sometimes, even within the same country, attitudes can shift, depending on internal political cycles.
This inconsistency can make compliance a complex affair. For example, in Nigeria, Binance suddenly got banned by the government, even after several government figures had indicated an interest in encouraging the growth of crypto in the country. This inconsistency also introduces a layer of uncertainty that can influence market behavior and price movement.
So, as an investor, it is quite important that you also keep an eye out for regulatory changes in the jurisdiction that you operate in. But, it is even more imperative that you find measures to insulate yourself and your assets from the reach of the regulatory agencies in your country.
As it is with anything else in this digital era, the threat of security breaches looms large over crypto exchanges. While most exchanges typically have an array of innovative protective measures, hackers and their tactics are also always evolving and getting more sophisticated.
Unfortunately, the consequences of one successful breach are usually enough to cause significant damage to both exchanges and individual investors; and make insignificant the efforts of the security systems in place in stopping a thousand earlier threats.
Anyway, it is important for you as an investor to research the security measures employed by the various exchanges before choosing one. We have said that security threats are ever-evolving, but it is still always best to be on the side that is always on top of its game when it comes to security. You want to look out for encryption protocols, cold storage solutions, and rigorous security audits.
However, the role of personal vigilance cannot be overemphasized. While it is great to trade with an exchange with cutting-edge security measures, you can also personally deploy strategies like using complex, unique passwords and employing two-factor authentication.
This is particularly important if you’re one of those who like to take advantage of meme coins that can see growths in thousands of percentages. Whether your coin gains 180% or 18,000%, it only matters if there are enough other traders in the market who are willing to buy it from you in exchange for other crypto coins or fiat. That is what liquidity is — your avenue to exit and take profit from a trade.
Exchanges that have low liquidity may expose you to the risk of slippage, which is when the final executed price of a trade diverges significantly from the expected price at the time the order was placed. These discrepancies can erode trading margins, and impact your profitability. So, you need to opt for exchanges that are known for substantial trading volumes to mitigate against possible liquidity problems.
Why you need Diversification to Mitigate Risks
There are many strategies that you can employ to mitigate risks, but like anyone will tell you, your top option is to diversify your holdings. Diversification can take varying forms. It can mean holding a varied range of cryptocurrencies across the industry—rather than focusing on only one token, as a way to shield yourself from the extreme volatility of the markets. It can also mean holding your assets in a variety of wallets and other storage options, to protect them from cyber-attacks.
Either way, diversification enables the spreading of potential risks, ensuring that the impact of one negative event does not necessarily wipe out your portfolio.
The global crypto markets are very volatile and can be fraught with a lot of security threats and other dangerous problems. However, it has also emerged as the greatest financial invention of the current century; as it has made more millionaires than any system before it.
However, it is always important for you as an investor to keep an eye on the market, and to arm yourself with the knowledge of various strategies to protect yourself from the pitfalls that abound in the ecosystem.
Do your own research, thoroughly, remain adaptable, and practice enhanced cybersecurity measures.
Image source: Shutterstock
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Advantages of Mobile Apps in Gambling: The Example of Pin Up App | IDOs News
![Advantages of Mobile Apps in Gambling: The Example of Pin Up App | IDOs News Advantages of Mobile Apps in Gambling: The Example of Pin Up App | IDOs News](https://icoholder.com/blog/wp-content/uploads/2024/08/Screenshot_354.jpg)
By Terry Ashton, updated August 31, 2024
Online gambling is going mobile — over 50% of players are already playing casino games on their mobile devices, and their number is expected to grow further. But does a mobile app have actual advantages over browser-based play? We decided to do more profound research by accessing and trying gambling on a desktop browser, mobile browser, and the app. That allowed us to distinguish casino mobile applications’ key benefits and drawbacks. If you’re considering using one, just keep reading — we will share some helpful insights below.
Benefits of Mobile Play at Pin Up Casino
The rise of online gambling happens for multiple reasons, including the following ones:
- Ultimate accessibility. You can access the app anywhere, even on the go. You don’t need to take additional actions — the casino opens with just one click.
- Lower Internet requirements, offline play. If you play for fun, you can do it even without an Internet connection. If you prefer to play real money, the requirements for an Internet connection will still be much lower because most data is already downloaded to your device.
- Push notifications. You can immediately learn about the new top promotions and the hottest games without checking your email.
- Special bonuses. Sometimes, special bonuses are granted to mobile players. Some casinos may add them occasionally to encourage players to play on apps.
- The same game selection. If a casino is modern and cooperates with top providers, all games will be compatible with mobile devices. For instance, if you play at Pin Up casino online, you can access the same collection of games. That goes not only for slots but also for live games, table games, etc.
- Higher security standards. The app is protected even better than the site. Data is encrypted, and the chance that anyone will access your account is close to zero.
Registration also goes smoothly. Once you sign up on the browser or app, you can access the platform with just one click by entering your Pin Up login and password.
Considering the Cons: Potential Drawbacks of Using a Pin-Up Mobile App
Nothing is perfect, and neither are casino apps. Gamblers should also consider the drawbacks, and the most common ones are as follows:
- Installing software is a must. You need to install the software on your phone. It’s safe if it’s the official casino site and a good product. However, clicking on the wrong link and downloading the wrong APK file may result in problems.
- Battery drain and storage space. It’s no secret that charging the phone all the time is annoying, and innovative slots with top graphics may drain your battery quickly. Also, though most apps don’t take much space (in the case of Pin Up, it’s just about 100 Mb), they still require more effort to manage it.
- Compatibility requirements. Any app will have technical requirements, and most aren’t compatible with old mobile devices and tablets. Also, you’ll need to install updates quite regularly.
- Smaller screen. This is a disadvantage for those who prefer playing on larger screens, particularly those who prefer live dealer games.
Do the pros outweigh the cons for you? If yes, the mobile app will boost your experience. If not, browser play may be a better option.
Final Thoughts: The App vs. Browser Play at Pin-Up Casino
Technology is shaping the industry. Nowadays, there’s no such significant difference between playing on a mobile app and a mobile or desktop browser. You get the same game selection, the same bonuses, and the same smooth experience. So, it’s a matter of taste. Choose what will work best for you and enjoy your play.
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NVIDIA Introduces Fast Inversion Technique for Real-Time Image Editing | IDOs News
![NVIDIA Introduces Fast Inversion Technique for Real-Time Image Editing | IDOs News NVIDIA Introduces Fast Inversion Technique for Real-Time Image Editing | IDOs News](https://image.blockchain.news:443/features/D8E08E86F8EDBDDCD68414CF49BDD8B1401B11A69515DFF98E6B2B03EE9CF9D7.jpg)
Terrill Dicki
Aug 31, 2024 01:25
NVIDIA’s new Regularized Newton-Raphson Inversion (RNRI) method offers rapid and accurate real-time image editing based on text prompts.
NVIDIA has unveiled an innovative method called Regularized Newton-Raphson Inversion (RNRI) aimed at enhancing real-time image editing capabilities based on text prompts. This breakthrough, highlighted on the NVIDIA Technical Blog, promises to balance speed and accuracy, making it a significant advancement in the field of text-to-image diffusion models.
Understanding Text-to-Image Diffusion Models
Text-to-image diffusion models generate high-fidelity images from user-provided text prompts by mapping random samples from a high-dimensional space. These models undergo a series of denoising steps to create a representation of the corresponding image. The technology has applications beyond simple image generation, including personalized concept depiction and semantic data augmentation.
The Role of Inversion in Image Editing
Inversion involves finding a noise seed that, when processed through the denoising steps, reconstructs the original image. This process is crucial for tasks like making local changes to an image based on a text prompt while keeping other parts unchanged. Traditional inversion methods often struggle with balancing computational efficiency and accuracy.
Introducing Regularized Newton-Raphson Inversion (RNRI)
RNRI is a novel inversion technique that outperforms existing methods by offering rapid convergence, superior accuracy, reduced execution time, and improved memory efficiency. It achieves this by solving an implicit equation using the Newton-Raphson iterative method, enhanced with a regularization term to ensure the solutions are well-distributed and accurate.
Comparative Performance
Figure 2 on the NVIDIA Technical Blog compares the quality of reconstructed images using different inversion methods. RNRI shows significant improvements in PSNR (Peak Signal-to-Noise Ratio) and run time over recent methods, tested on a single NVIDIA A100 GPU. The method excels in maintaining image fidelity while adhering closely to the text prompt.
Real-World Applications and Evaluation
RNRI has been evaluated on 100 MS-COCO images, showing superior performance in both CLIP-based scores (for text prompt compliance) and LPIPS scores (for structure preservation). Figure 3 demonstrates RNRI’s capability to edit images naturally while preserving their original structure, outperforming other state-of-the-art methods.
Conclusion
The introduction of RNRI marks a significant advancement in text-to-image diffusion models, enabling real-time image editing with unprecedented accuracy and efficiency. This method holds promise for a wide range of applications, from semantic data augmentation to generating rare-concept images.
For more detailed information, visit the NVIDIA Technical Blog.
Image source: Shutterstock
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AMD Radeon PRO GPUs and ROCm Software Expand LLM Inference Capabilities | IDOs News
![AMD Radeon PRO GPUs and ROCm Software Expand LLM Inference Capabilities | IDOs News AMD Radeon PRO GPUs and ROCm Software Expand LLM Inference Capabilities | IDOs News](https://image.blockchain.news:443/features/9EE0AA0B1F3BD20BCCC7C00CFFD871DCA35D15A36341179DDF6072A1E953606D.jpg)
Felix Pinkston
Aug 31, 2024 01:52
AMD’s Radeon PRO GPUs and ROCm software enable small enterprises to leverage advanced AI tools, including Meta’s Llama models, for various business applications.
AMD has announced advancements in its Radeon PRO GPUs and ROCm software, enabling small enterprises to leverage Large Language Models (LLMs) like Meta’s Llama 2 and 3, including the newly released Llama 3.1, according to AMD.com.
New Capabilities for Small Enterprises
With dedicated AI accelerators and substantial on-board memory, AMD’s Radeon PRO W7900 Dual Slot GPU offers market-leading performance per dollar, making it feasible for small firms to run custom AI tools locally. This includes applications such as chatbots, technical documentation retrieval, and personalized sales pitches. The specialized Code Llama models further enable programmers to generate and optimize code for new digital products.
The latest release of AMD’s open software stack, ROCm 6.1.3, supports running AI tools on multiple Radeon PRO GPUs. This enhancement allows small and medium-sized enterprises (SMEs) to handle larger and more complex LLMs, supporting more users simultaneously.
Expanding Use Cases for LLMs
While AI techniques are already prevalent in data analysis, computer vision, and generative design, the potential use cases for AI extend far beyond these areas. Specialized LLMs like Meta’s Code Llama enable app developers and web designers to generate working code from simple text prompts or debug existing code bases. The parent model, Llama, offers extensive applications in customer service, information retrieval, and product personalization.
Small enterprises can utilize retrieval-augmented generation (RAG) to make AI models aware of their internal data, such as product documentation or customer records. This customization results in more accurate AI-generated outputs with less need for manual editing.
Local Hosting Benefits
Despite the availability of cloud-based AI services, local hosting of LLMs offers significant advantages:
- Data Security: Running AI models locally eliminates the need to upload sensitive data to the cloud, addressing major concerns about data sharing.
- Lower Latency: Local hosting reduces lag, providing instant feedback in applications like chatbots and real-time support.
- Control Over Tasks: Local deployment allows technical staff to troubleshoot and update AI tools without relying on remote service providers.
- Sandbox Environment: Local workstations can serve as sandbox environments for prototyping and testing new AI tools before full-scale deployment.
AMD’s AI Performance
For SMEs, hosting custom AI tools need not be complex or expensive. Applications like LM Studio facilitate running LLMs on standard Windows laptops and desktop systems. LM Studio is optimized to run on AMD GPUs via the HIP runtime API, leveraging the dedicated AI Accelerators in current AMD graphics cards to boost performance.
Professional GPUs like the 32GB Radeon PRO W7800 and 48GB Radeon PRO W7900 offer sufficient memory to run larger models, such as the 30-billion-parameter Llama-2-30B-Q8. ROCm 6.1.3 introduces support for multiple Radeon PRO GPUs, enabling enterprises to deploy systems with multiple GPUs to serve requests from numerous users simultaneously.
Performance tests with Llama 2 indicate that the Radeon PRO W7900 offers up to 38% higher performance-per-dollar compared to NVIDIA’s RTX 6000 Ada Generation, making it a cost-effective solution for SMEs.
With the evolving capabilities of AMD’s hardware and software, even small enterprises can now deploy and customize LLMs to enhance various business and coding tasks, avoiding the need to upload sensitive data to the cloud.
Image source: Shutterstock
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