698 research outputs found

    From Tether to Terra: The Current Stablecoin Ecosystem and the Failure of Regulators

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    The Tether controversy and Terra crash have placed stablecoins in the regulatory spotlight. Stablecoins are often portrayed as posing systemic risks to financial markets, with some pundits labelling them ā€œthe villain of the finance world.ā€ Global regulatory bodies, namely the International Monetary Fund (IMF) and the Bank of International Settlement (BIS), and political leaders, including the Biden Administration, have all called for stablecoin regulation. These officials allege that stablecoinsā€™ structure, combined with their exponential growth, pose a unique risk to global markets. Before the May 2022 Terra crash, government reports superficially treated stablecoins by exclusively focusing on asset-backed coins. Post hoc, regulatory reports treated Terraā€™s collapse as inevitable, using the failure as an opportunity to push for a central bank digital currency (ā€œCBDCā€) in the United States. Whether stablecoins should be regulated is not up for debate. Their regulation is imminent. Yet, how stablecoins should be regulated and if CBDCs can be an adequate replacement is another matter. In the words of the Commodities Future Trading Commissionā€™s (CFTC) Dawn Stump: ā€œAs financial markets evolve and adapt to new demands, market regulators must not stifle beneficial innovations by clinging rigidly to regulatory approaches of the past that may no longer be fit for purpose.

    "Come i secchi nel pozzo". Scienza ed etica negli scritti contro la vivisezione delle femministe britanniche (1870-1910)

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    Il saggio ripercorre le riflessioni teoriche delle femministe britanniche su scienza ed etica in relazione al dibattito sulla vivisezion

    Fracture Detection using Amplitude versus Offset and Azimuth Analysis of a 3D P-wave Seismic Dataset and Synthetic Examples

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    Amplitude versus offset (AVO) analysis of seismic reflection data has been a successful tool in describing changes in rock properties along a reflector. This method is extended to azimuthal AVO (AVOA) in order to characterize vertically aligned fractures within a reservoir, which can be important fluid migration pathways. AVOA analysis is performed on synthetic data using a least squares inversion method to investigate the effects of varying acquisition geometry, amount of noise, and fracture properties. These tests show that it is possible to detect the fractured layer and determine the fracture strike orientation under typical acquisition conditions. This method is also applied to field data collected during an Ocean Bottom Cable (OBC) survey. These data include a broad offset-azimuth range, which is important for the AVOA analysis. The fracture location and strike orientation recovered from the field data analysis are well correlated with borehole information from this area. Based on an understanding of AVOA behavior under synthetic conditions, this technique provides an effective methodology for describing the spatial variability of a fractured reservoir using 3D seismic data.Eni S.p.A. (Firm)United States. Dept. of Energy (Grant number DE-FC26-02NT15346)Massachusetts Institute of Technology. Earth Resources Laborator

    Pancreatic Ī²-Cell Death in Response to Pro-Inflammatory Cytokines Is Distinct from Genuine Apoptosis

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    A reduction in functional Ī²-cell mass leads to both major forms of diabetes; pro-inflammatory cytokines, such as interleukin-1beta (IL-1Ī²) and gamma-interferon (Ī³-IFN), activate signaling pathways that direct pancreatic Ī²-cell death and dysfunction. However, the molecular mechanism of Ī²-cell death in this context is not well understood. In this report, we tested the hypothesis that individual cellular death pathways display characteristic phenotypes that allow them to be distinguished by the precise biochemical and metabolic responses that occur during stimulus-specific initiation. Using 832/13 and INS-1E rat insulinoma cells and isolated rat islets, we provide evidence that apoptosis is unlikely to be the primary pathway underlying Ī²-cell death in response to IL-1Ī²+Ī³-IFN. This conclusion was reached via the experimental results of several different interdisciplinary strategies, which included: 1) tandem mass spectrometry to delineate the metabolic differences between IL-1Ī²+Ī³-IFN exposure versus apoptotic induction by camptothecin and 2) pharmacological and molecular interference with either NF-ĪŗB activity or apoptosome formation. These approaches provided clear distinctions in cell death pathways initiated by pro-inflammatory cytokines and bona fide inducers of apoptosis. Collectively, the results reported herein demonstrate that pancreatic Ī²-cells undergo apoptosis in response to camptothecin or staurosporine, but not pro-inflammatory cytokines. DOI: 10.1371/journal.pone.002248

    The protein-protein interactions required for assembly of the Tn3 resolution synapse

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    The siteā€specific recombinase Tn3 resolvase initiates DNA strand exchange when two res recombination sites and six resolvase dimers interact to form a synapse. The detailed architecture of this intricate recombination machine remains unclear. We have clarified which of the potential dimerā€dimer interactions are required for synapsis and recombination, using a novel complementation strategy that exploits a previously uncharacterized resolvase from Bartonella bacilliformis (ā€œBartā€). Tn3 and Bart resolvases recognize different DNA motifs, via diverged Cā€terminal domains (CTDs). They also differ substantially at Nā€terminal domain (NTD) surfaces involved in dimerization and synapse assembly. We designed NTDā€CTD hybrid proteins, and hybrid res sites containing both Tn3 and Bart dimer binding sites. Using these components in in vivo assays, we demonstrate that productive synapsis requires a specific ā€œR ā€ interface involving resolvase NTDs at all three dimerā€binding sites in res . Synapses containing mixtures of wildā€type Tn3 and Bart resolvase NTD dimers are recombinationā€defective, but activity can be restored by replacing patches of Tn3 resolvase R interface residues with Bart residues, or vice versa . We conclude that the Tn3 /Bart family synapse is assembled exclusively by R interactions between resolvase dimers, except for the one special dimerā€dimer interaction required for catalysis

    A PDA-based dietary self-monitoring intervention to reduce sodium intake in an in-center hemodialysis patient

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    Objective: The purpose of the BalanceWise-hemodialysis study is to determine the efficacy of a dietary intervention to reduce dietary sodium intake in patients receiving maintenance, in-center hemodialysis (HD). Personal digital assistant (PDA)-based dietary self-monitoring is paired with behavioral counseling. The purpose of this report is to present a case study of one participant's progression through the intervention. Methods: The PDA was individually programmed with the nutritional requirements of the participant. With 25 minutes of personalized instruction, the participant was able to enter his meals into the PDA using BalanceLogĀ® software. Nutritional counseling was provided based on dietary sodium intake reports generated by BalanceLogĀ®. Results: At initiation of the study the participant required 4 HD treatments per week. The participant entered 342 meals over 16 weeks (ā‰„3 meals per day). BalanceLogĀ® revealed that the participant consumed restaurant/fast food on a regular basis, and consumed significant amounts of corned beef as well as canned foods high in sodium. The study dietitian worked with the participant and his wife to identify food alternatives lower in sodium. Baseline sodium consumption was 4,692 mg, and decreased at a rate of 192 mg/week on average. After 11 weeks of intervention, interdialytic weight gains were reduced sufficiently to permit the participant to reduce HD treatments from 4 to 3 per week. Because of a low serum albumin at baseline (2.9 g/dL) the study dietitian encouraged the participant to increase his intake of high quality protein. Serum albumin level at 16 weeks was unchanged (2.9 g/dL). Because of intense pruritis and a high baseline serum phosphorus (6.5 mg/dL) BalanceLogĀ® electronic logs were reviewed to identify sources of dietary phosphorus and counsel the participant regarding food alternatives. At 16 weeks the participant's serum phosphorus fell to 5.5 mg/dL. Conclusions: Self-monitoring rates were excellent. In a HD patient who was willing to self-monitor his dietary intake, BalanceLogĀ® allowed the dietitian to target problematic foods and provide counseling that appeared to be effective in reducing sodium intake, reducing interdialytic weight gain, and alleviating hyperphosphatemia and hyperkalemia. Additional research is needed to evaluate the efficacy of the intervention. Ā© 2008 Sevick et al, publisher and licensee Dove Medical Press Ltd
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