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CryptoLiteracy.org Survey Shows 65% of Crypto-Aware Americans Influenced by Candidate’s Crypto Policies in Presidential Voting

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Survey Shows Regulatory Clarity, Literacy Gaps, and Political Influence Are Driving the Future of Crypto

SEATTLE, Oct. 31, 2024 /PRNewswire/ — CryptoLiteracy.org, an industry initiative promoting broad consumer education of cryptocurrencies, unveiled the results from its annual survey exploring the state of cryptocurrency engagement, sentiment and literacy. The survey showed that 65% of Americans prioritize a candidate’s crypto policies when voting. The survey also found a significant increase in cryptocurrency awareness, with the percentage of respondents who reported knowing “a great deal” about crypto rising from 11.0% in 2022 to 31.8% in 2024.

The survey was conducted as part of the fourth annual Crypto Literacy Month, held each November. Coinme, a leading cryptocurrency exchange and infrastructure provider in the U.S., leads the educational initiative to promote digital asset literacy.

“These survey results make it clear every political candidate should offer a publicly available perspective on crypto and seek to bring regulatory support on a federal level,” said Neil Bergquist, CEO and co-founder of Coinme. “Voters are looking for candidates who support crypto. Politicians can’t ignore the data if they want to get elected.”

Crypto Policy and Security Surface as Key Issue for Crypto-Aware Voters
As the digital asset landscape evolves, 59% of respondents identified regulatory clarity as the top priority for the next presidential administration, underscoring a public desire for transparent guidelines that could stabilize and further legitimize the market. Additionally, 49% of respondents support leveraging federal resources to build a bitcoin reserve, including crypto seized by the Department of Justice. This reflects a bold shift toward national engagement in the crypto economy and a desire for government adoption.

The Crypto Confidence Gap: Knowledge Drives Investment
Those who understand crypto more are most likely to use it, while others report needing more knowledge before participating in the market. Survey findings reveal that respondents with a higher self-reported understanding of crypto are far more likely to own digital assets, with 98.6% ownership among those claiming “a great deal” of knowledge than just 32% for those with “a little” knowledge. This substantial gap highlights the role of confidence as a key factor in crypto participation.

Misconceptions around crypto fundamentals appear to influence risk perceptions, with 35.2% viewing crypto as “extremely risky” in 2024, down from 43.1% in 2022. However, with significant knowledge gaps, respondents may misunderstand certain risks, with about 43% reporting that they view crypto investments as “somewhat risky.” Younger and lower-income respondents, who stand to benefit from accessible financial opportunities, also report lower confidence in crypto knowledge, underscoring the need for targeted literacy programs to bridge this gap.

Despite Increased Awareness, Knowledge Lags
26.6% of respondents incorrectly believed that a cryptocurrency‘s value depends solely on “how it is distributed,” while 23.1% thought all blockchain technology is “managed by a company,” rather than being decentralized. Only 46.1% accurately identified blockchain as a decentralized ledger. Additionally, stablecoins remain misunderstood, with many respondents misidentifying their purpose. These insights call for dedicated educational programs about blockchain and digital assets to allow people to make secure and confident financial decisions.

Survey Methodology
CryptoLiteracy.org collected data from a study conducted in October 2024. The quiz, which consisted of 15 questions, assessed knowledge in cryptocurrency, bitcoin, De-Fi, blockchain, mining, types of wallets, and ETFs. The data was analyzed from randomized answers among 500 respondents located in the United States, within an audience balanced for age, income and gender. Only statistically significant insights are being highlighted from the study.

Take the Crypto Literacy Challenge
Consumers worldwide are encouraged to benchmark their cryptocurrency literacy by taking the quiz at CryptoLiteracy.org/quiz. Their scores will be privately emailed to them, and CoinDesk will provide tailored courses to close any knowledge gaps on key cryptocurrency concepts. To start, visit CryptoLiteracy.org to take the quiz and challenge your friends.

About CryptoLiteracy.org
CryptoLiteracy.org is an industry initiative led by Coinme that promotes broad consumer education of digital currencies. The website is the home of the Crypto Literacy Quiz, where people can assess crypto knowledge, identify the gaps in their comprehension, and challenge their family and friends’ awareness of digital currencies. The initiative is a part of the annual Crypto Literacy Month, held each November, featuring insights from a survey of crypto awareness and educational curriculum curated by CoinDesk Learn. To learn more about cryptocurrency and take the quiz to test your knowledge, visit https://www.CryptoLiteracy.org.

Join the conversation and follow CryptoLiteracy.org on Twitter, Facebook and Instagram.

About Coinme, Inc. 
Coinme® is a leading US-regulated cryptocurrency exchange founded in 2014 with the mission to be the world’s trusted gateway to digital currencies and a better financial future. Coinme powers the largest cash exchange in the world, with over 40,000 physical locations to instantly cash in and out of crypto. In addition, the company’s Crypto-as-a-Service (CaaS) offering provides an enterprise-grade API that “crypto-enables” digital and physical financial infrastructure. With a vertically integrated suite of consumer products, Coinme delivers a simple, trusted, instant, and affordable way to buy, sell, store, and manage crypto. For more information, visit www.coinme.com.

Media Contact – Coinme 
Communications Team
3105009273
385724@email4pr.com

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SOURCE Coinme

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Macrogen Consortium win tender for National Bio Big Data Project

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Illumina is proud to be selected as sequencing technology partner to the Macrogen Consortium.

SEOUL, South Korea, Dec. 23, 2024 /PRNewswire/ — Macrogen a global healthcare company that specializes in precision medicine and Illumina Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, announced today that they are honoured to support the National Bio Big Data project by sequencing and analysing 145,952 Korean genomes.

The National Bio Big Data Project project has been running in Korea as a pilot project since 2020. During this period about 20,000 genomes were analysed, 10,000 of these including people with a rare disease. The ultimate goal is to enable precision medicine by building a reference genome for about 770,000 Koreans by 2028 and a total of 1 million by 2032.  

“Being a part of this step change to improving public health in Korea through the voluntary collection and analysis of genomic, clinical and life record information from the general public, is paramount to ensure precision medicine becomes a standard of care for all Koreans,” said Changhoon Kim, CEO Macrogen.

“Illumina is pleased to be a part of the Korean bio industry ecosystem and to participate in such an important national project. We look forward to contributing to Korea by bringing our expertise and lessons learned from our direct involvement in leading pop gen projects around the world,” said Robert McBride, General Manager of Illumina Korea.

People across the globe have very similar genes but a small number of variants between populations can impact health. For example, some variants are associated closely with particular diseases such as cystic fibrous.[1]These variants can present differently in populations and have a significant impact on how individuals respond to medicines and treatments. Therefore, it is beneficial for Koreans to have information available that is unique to them.

Worldwide, the number of pop gen projects is expanding rapidly, including the UK, Japan, Singapore, Qatar, the United Arab Emirates, and Nigeria.

“Population genome projects are growing worldwide with many programs reaching significant milestones. But despite this inequity remains with the majority of genome datasets being of European descent. This means we have a lot of information how to develop drugs for European populations but this doesn’t translate in any meaningful way to other nationalities, said Robert McBride.

Population genomics provides a platform for industry engagement and investment, specifically in the pharmaceutical, biotechnology, and data sectors. By integrating large, diverse data sets and using advanced computing technology (such as artificial intelligence or machine learning), health systems and partners are optimally positioned to unlock the power of the genome even further, while improving quality of life and care and fostering economic growth.

“Precision medicine is changing how diseases are treated and this benefits everyone. For patients, treatments often work better when decisions are based around an individual’s genome, for drug companies it can reduce cost of development and for governments there are long term savings related to less waste and healthier patients,” said Changhoon Kim.

References

[1] https://www.genome.gov/about-genomics/educational-resources/fact-sheets/human-genomic-variation#:~:text=How%20do%20peoples’%20genomes%20vary,person%20responds%20to%20certain%20medications.

About Macrogen

Macrogen is a global genetic service provider, partnered with over 18,000 scientists in 150+ countries, and with more than 20 years of experience in the industry.

Established in 1997, from the Genome Medical Research Institute of Seoul National University, Macrogen has become a major service provider and consulting agent for government agencies, universities and research institutes around the world.

About Illumina

Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit www.illumina.com and connect with us on X (Twitter), Facebook, LinkedIn, Instagram, TikTok, and YouTube

About the Consortium

Macrogen Consortium members include the following companies: DNA Link, Theragen Bio, and CG Invites

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/macrogen-consortium-win-tender-for-national-bio-big-data-project-302335981.html

SOURCE Illumina

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As 2025 IRS Mileage Rate Hits 70 Cents, Expert Warns: Ditch Risky Apps for Secure Paper Tracking

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Gig economy expert Ed Ryder warns against the risks of mileage tracking apps, and advocates using paper-based tracking methods instead. He introduces The Big Mileage Form, a secure alternative developed over two years to meet the specific needs of food delivery gig workers. Ryder highlights recent tech failures, like the July 2024 global IT outage, to underscore the vulnerabilities of digital solutions. The press release also mentions Ryder’s significant mileage deduction using his form and directs readers to GigCoach.net for additional resources, including a consumer tutorial to drive better food delivery outcomes and a gig coach training program.

PHILADELPHIA, Dec. 22, 2024 /PRNewswire-PRWeb/ — As the IRS announces a standard mileage rate of 70 cents per mile for 2025, gig economy expert Ed Ryder, who has completed over 10,000 deliveries with his own car using major food delivery platforms, urges fellow gig workers to reconsider their mileage tracking methods. While acknowledging the convenience of digital solutions, Ryder advocates for a return to secure, paper-based tracking to protect valuable mileage deductions.

With the mileage rate at 70 cents, accurate tracking is crucial for gig workers and small business owners. Mileage apps seem convenient, but they risk data loss from outages, glitches, and cyber attacks. Many overlook these significant dangers.

“With the mileage rate increasing to 70 cents, accurate tracking is more crucial than ever for gig workers and small business owners,” says Ryder, creator of The Big Mileage Form. “While mileage tracking apps seem convenient, they come with significant risks that many overlook. Network outages, app glitches, and cyber attacks can jeopardize months of data.”

Ryder points to the July 2024 global IT outage as a prime example of technology’s vulnerabilities. “A faulty software update caused mass airline disruptions and impacted other industries, catching major corporations off guard. This incident highlights that even in our digital age, software isn’t infallible. For me, I simply won’t trust mileage tracking apps with my most important tax deduction.”

To address these concerns, Ryder developed a comprehensive, paper-based solution. “I spent two years perfecting The Big Mileage Form, tailoring it to the specific needs of food delivery gig workers,” he explains. “At 11×17 inches, it provides ample space for detailed record-keeping and, crucially, it’s immune to software glitches, data breaches, and ransomware attacks.”

Ryder’s meticulous paper-based record-keeping resulted in a mileage deduction exceeding $19,000 on his 2023 federal taxes. “All my business-related miles are thoroughly documented on paper. I’m fully prepared to defend this deduction in case of an audit. This level of confidence is what I aim to provide other gig workers.”

“In today’s digital age, sometimes the most secure solution is the simplest one,” Ryder concludes. “My form not only ensures data security but also prepares users for potential IRS audits. It’s time to reconsider the old-fashioned, but reliable pen-and-paper method.”

For those interested in learning more about effective mileage tracking and other aspects of gig work, Ryder offers valuable resources on GigCoach.net. These include a tutorial for consumers titled ‘Fair Deal Delivery,’ which provides insights on how to improve food delivery outcomes. Additionally, experienced food delivery couriers can explore Ryder’s gig coach training program. Visit GigCoach.net to access these resources and learn more about The Big Mileage Form.

Media Contact

Ed Ryder, Match Experiment LLC, 1 484-493-8740, hello@ideamaned.com, gigcoach.net

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SOURCE Gig economy expert Ed Ryder

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DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of Ascension Health Customers Whose Data May Have Been Compromised

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NEWTOWN, Pa., Dec. 22, 2024 /PRNewswire/ — The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by Ascension Health (“Ascension”). Ascension learned of suspicious activity on or about May 8, 2024. To join this case, go HERE.

About Ascension Health

Ascension is a prominent non-profit health system in the nation and operates under Catholic principles.

What happened?

On or about May 8, 2024, Ascension detected unauthorized activity in its computer systems. Ascension initiated an investigation, which included retaining consulting cybersecurity experts and notifying the FBI. The investigation determined that between May 7 and 8, 2024, a cybercriminal accessed files containing personal information about Ascension’s patients and employees. This information included names, medical records, payment details, insurance information, government identification numbers, and other personal data such as dates of birth and addresses. Approximately 6 million individuals have been affected by this data breach.

How can I protect my personal data?

If you receive a data breach notification, you must guard against possible misuse of your personal information, including identity theft and fraud, by regularly reviewing your account statements and monitoring your credit reports for suspicious or unauthorized activity. Additionally, you should consider legal options for mitigating such risks.

Edelson Lechtzin LLP is investigating a class action lawsuit to seek legal remedies for customers whose sensitive personal and patient data may have been compromised by the Ascension data breach.

For more information, please contact:

Marc H. Edelson, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492
Email: medelson@edelson-law.com
Web:  www.edelson-law.com 

About Edelson Lechtzin LLP
Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving data breaches, our lawyers focus on class and collective litigation in cases alleging securities and investment fraud, violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft and unpaid overtime, consumer fraud, and catastrophic injuries.

This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so counsel does not represent you unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing now. Your ability to share in any potential future recovery does not depend on serving as lead plaintiff.

View original content to download multimedia:https://www.prnewswire.com/news-releases/data-breach-alert-edelson-lechtzin-llp-is-investigating-claims-on-behalf-of-ascension-health-customers-whose-data-may-have-been-compromised-302337976.html

SOURCE Edelson Lechtzin LLP

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