Friday, November 15, 2024

Smart Money Is Moving Into This AI Crypto Here’s Why

Pol Solé, Adobe Stock

Artificial Intelligence‘s integration into the financial sector has sparked a new wave of investment strategies, particularly within the cryptocurrency industry. Amidst the volatility and complexity of the crypto markets, AI crypto startups are attracting attention for their promise of simplified and informed trading experiences. Investors are increasingly looking toward AI crypto startups as a gateway to more stable and strategic trading.…..Continue reading

By: Trent Alan

Source: Crypto News

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Critics:

Governments have long recognized the potential benefits of cryptanalysis for intelligence, both military and diplomatic, and established dedicated organizations devoted to breaking the codes and ciphers of other nations, for example, GCHQ and the NSA, organizations which are still very active today.

Even though computation was used to great effect in the cryptanalysis of the Lorenz cipher and other systems during World War II, it also made possible new methods of cryptography orders of magnitude more complex than ever before. Taken as a whole, modern cryptography has become much more impervious to cryptanalysis than the pen-and-paper systems of the past, and now seems to have the upper hand against pure cryptanalysis.[citation needed] The historian David Kahn notes:

Many are the cryptosystems offered by the hundreds of commercial vendors today that cannot be broken by any known methods of cryptanalysis. Indeed, in such systems even a chosen plaintext attack, in which a selected plaintext is matched against its ciphertext, cannot yield the key that unlock[s] other messages. In a sense, then, cryptanalysis is dead. But that is not the end of the story. Cryptanalysis may be dead, but there is – to mix my metaphors – more than one way to skin a cat.

Kahn goes on to mention increased opportunities for interception, bugging, side channel attacks, and quantum computers as replacements for the traditional means of cryptanalysis. In 2010, former NSA technical director Brian Snow said that both academic and government cryptographers are “moving very slowly forward in a mature field.”

However, any postmortems for cryptanalysis may be premature. While the effectiveness of cryptanalytic methods employed by intelligence agencies remains unknown, many serious attacks against both academic and practical cryptographic primitives have been published in the modern era of computer cryptography:

The block cipher Madryga, proposed in 1984 but not widely used, was found to be susceptible to ciphertext-only attacks in 1998. FEAL-4, proposed as a replacement for the DES standard encryption algorithm but not widely used, was demolished by a spate of attacks from the academic community, many of which are entirely practical.

The A5/1, A5/2, CMEA, and DECT systems used in mobile and wireless phone technology can all be broken in hours, minutes or even in real-time using widely available computing equipment. Brute-force keyspace search has broken some real-world ciphers and applications, including single-DES (see EFF DES cracker), 40-bit “export-strength” cryptography, and the DVD Content Scrambling System.

In 2001, Wired Equivalent Privacy (WEP), a protocol used to secure Wi-Fi wireless networks, was shown to be breakable in practice because of a weakness in the RC4 cipher and aspects of the WEP design that made related-key attacks practical. WEP was later replaced by Wi-Fi Protected Access.

In 2008, researchers conducted a proof-of-concept break of SSL using weaknesses in the MD5 hash function and certificate issuer practices that made it possible to exploit collision attacks on hash functions. The certificate issuers involved changed their practices to prevent the attack from being repeated.

Thus, while the best modern ciphers may be far more resistant to cryptanalysis than the Enigma, cryptanalysis and the broader field of information security remain quite active.

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Source: Tech News World 

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Critics:

Apple’s first slogan, “Byte into an Apple”, was coined in the late 1970s. From 1997 to 2002, the slogan “Think different” was used in advertising campaigns, and is still closely associated with Apple. Apple also has slogans for specific product lines—for example, “iThink, therefore iMac” was used in 1998 to promote the iMac, and “Say hello to iPhone” has been used in iPhone advertisements.

“Hello” was also used to introduce the original Macintosh, Newton, iMac (“hello (again)”), and iPod. From the introduction of the Macintosh in 1984, with the 1984 Super Bowl advertisement to the more modern Get a Mac adverts, Apple has been recognized for its efforts towards effective advertising and marketing for its products.

However, claims made by later campaigns were criticized,particularly the 2005 Power Mac ads.  Apple’s product advertisements gained significant attention as a result of their eye-popping graphics and catchy tunes. Musicians who benefited from an improved profile as a result of their songs being included on Apple advertisements include Canadian singer Feist with the song “1234” and Yael Naïm with the song “New Soul“.

Apple has a notable pro-privacy stance, actively making privacy-conscious features and settings part of its conferences, promotional campaigns, and public image. With its iOS 8 mobile operating system in 2014, the company started encrypting all contents of iOS devices through users’ passcodes, making it impossible at the time for the company to provide customer data to law enforcement requests seeking such information.

 With the popularity rise of cloud storage solutions, Apple began a technique in 2016 to do deep learning scans for facial data in photos on the user’s local device and encrypting the content before uploading it to Apple’s iCloud storage system. It also introduced “differential privacy”, a way to collect crowdsourced data from many users, while keeping individual users anonymous, in a system that Wired described as “trying to learn as much as possible about a group while learning as little as possible about any individual in it”.

Users are explicitly asked if they want to participate, and can actively opt-in or opt-out. With Apple’s release of an update to iOS 14, Apple required all developers of iPhone, iPad, and iPod Touch applications to directly ask iPhone users permission to track them. The feature, titled “App Tracking Transparency”, received heavy criticism from Facebook, whose primary business model revolves around the tracking of users’ data and sharing such data with advertisers so users can see more relevant ads, a technique commonly known as targeted advertising.

Despite Facebook’s measures, including purchasing full-page newspaper advertisements protesting App Tracking Transparency, Apple released the update in mid-spring 2021. A study by Verizon subsidiary Flurry Analytics reported only 4% of iOS users in the United States and 12% worldwide have opted into tracking.

However, Apple aids law enforcement in criminal investigations by providing iCloud backups of users’ devices, and the company’s commitment to privacy has been questioned by its efforts to promote biometric authentication technology in its newer iPhone models, which do not have the same level of constitutional privacy as a passcode in the United States.

Prior to the release of iOS 15, Apple announced new efforts at combating child sexual abuse material on iOS and Mac platforms. Parents of minor iMessage users can now be alerted if their child sends or receives nude photographs. Additionally, on-device hashing would take place on media destined for upload to iCloud, and hashes would be compared to a list of known abusive images provided by law enforcement; if enough matches were found, Apple would be alerted and authorities informed.

The new features received praise from law enforcement and victims rights advocates, however privacy advocates, including the Electronic Frontier Foundation, condemned the new features as invasive and highly prone to abuse by authoritarian governments.

“Apple 10-K Report FY2021” 

“Apple Inc. Fiscal 2023 Annual Report (Form 10-K)”U.S. Securities and Exchange Commission

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Certificate of Amendment of Articles of Incorporation Archived 

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Steve Wozniak: Apple starting in a garage is a myth”

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Apple celebrates 39th year on April 1”

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Steve Jobs: The Exclusive Biography

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Rebuilding an Apple From the Past”

“Building the digital age”

iWoz: Computer Geek to Cult Icon: How I Invented the Personal Computer, Co-Founded Apple, and Had Fun Doing It

Apple-1, Steve Wozniak’s hand-built creation, was Apple’s first official product, priced at $666.66”

Ronald Wayne: On Co-founding Apple and Working With Steve Jobs”.

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