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WASHINGTON Authentic Ondrej Palat Jersey , Sept. 12 (Xinhua) -- JP Morgan Chase CEO Jamie Dimon slammed bitcoin on Tuesday, saying the digital currency is "a fraud" that will eventually blow up.


Addressing the Delivering Alpha conference presented by CNBC and Institutional Investor, Dimon called bitcoin "a fraud." "It's just not a real thing, eventually it will be closed," he added.


In a separate conference earlier Tuesday, Dimon said bitcoin mania is reminiscent of the tulip bulb craze in the 17th century.


"It's worse than tulip bulbs. It won't end well. Someone is going to get killed Authentic Alex Killorn Jersey ," he said.


Dimon said he would not allow JP Morgan traders to trade bitcoin, noting that "it's against our rules and they are stupid."


The bitcoin fell after Dimon's comments. It traded at around 4,174 U.S. dollars as of 5 p.m. on Tuesday.


The price of Bitcoin has soared by 330 percent so far this year. Some analysts even see the price surging to 6,000 dollars next year.


According to a recent survey by Bank of America Merrill Lynch, bitcoin is now considered as the "most crowed trade," meaning investors believe there are too many people on the buying side and it could result in a bubble burst.


Chinese authorities last week ordered a ban on Initial Coin Offerings Authentic Chris Kunitz Jersey , a nascent form of fundraising in which technology start-ups issue their own digital coins, such as bitcoin, to investors to access funds as the rapidly expanding market spawned concerns over financial risks.


East China's Zhejiang braces for Typhoon Talim


Aerial view of Wanfo Lake in E China's Anhui


Tribute in Light, One World Trade Center seen on 911 anniv.


Newly-unveiled Mercedes-Benz Concept EQA car displayed in Germany


China, Pakistan air forces hold joint training exercises


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Rural children take free lunch in SW China's Guizhou


WASHINGTON, Sept. 28 (Xinhua) -- Chinese researchers said Thursday they might have solved the mystery of why the Zika virus causes microcephaly Authentic Tyler Johnson Jersey , a birth defect marked by small head size that can lead to severe developmental problems in babies.


In a study published in the U.S. journal Science, a team led by Cheng-Feng Qin of the Beijing Institute of Microbiology and Epidemiology reported that one single genetic change, likely acquired in 2013, gave the mosquito-borne virus the ability to cause severe fetal microcephaly.


"Our findings offer a reasonable explanation for the unexpected causal link of Zika to microcephaly, and will help understand how Zika evolved from an innocuous mosquito-borne virus into a congenital pathogen with global impact," Qin said.


Zika was first identified in 1947 in Uganda Authentic Anton Stralman Jersey , and until its recent emergence in the Americas, was a little known one that sporadically causes mild infections.


Then, it rapidly swept through South and Central America in 2015, and due to its link to congenital brain abnormalities, especially microcephaly during pregnancy, the World Health Organization declared in early 2016 the current epidemics a public health emergency of international concern.


However Cheap Vladislav Namestnikov Jersey , scientists remain unable to determine why the virus evolved into a pathogen triggering severe neurological syndromes.


By comparing contemporary Zika virus strains from the 2015 and 2016 South American epidemics with an ancestral Cambodian virus that was circulating in 2010, Qin and colleagues found one critical mutation that conferred the ability to cause microcephaly in mouse models of fetal infection.


That one change, S139N, which replaced a serine amino acid with an asparagine at the 139th position of a Zika protein called prM, also made the virus more lethal to human neuron precursor cells in culture compared with the ancestral form.


Zika accumulated numerous changes throughout its genome between 2010 and 2016, of which S139N caused substantially more severe microcephaly and embryonic lethality in mouse models.


Evolutionary analyses revealed that the S139N change likely arose sometime around 2013 Cheap Andrei Vasilevskiy Jersey , which coincided with initial reports of microcephaly.


It was then stably maintained during subsequent spread to the America.


"The discovery should provide guidance for the study of pathogenetic mechanisms of the Zika virus and for the development of vaccines and treatments," Qin said.


BRUSSELS, Feb. 16 (Xinhua) -- The European Commission, or the executive body of the European Union (EU), on Tuesday unveiled its energy security package with necessary proposals to equip the EU for global energy transition as well as to be prepared for possible energy supply interruptions.


The package sets out a wide range of measures to strengthen the EU's resilience to gas supply disruptions, according to a Commission statement.


These measures include moderating energy demand Cheap Victor Hedman Jersey , increasing energy production in Europe (including from renewables), further developing a well-functioning and fully integrated internal energy market, as well as diversification of energy sources, suppliers and routes.


Furthermore, the proposals bring more transparency to the European energy market and create more solidarity between the EU member states, the statement said.


Energy security dimension is one of the cornerstones of the Energy Union strategy Cheap Jake Dotchin Jersey , a key political priority of the Juncker commission.


"Today's package focuses on the security of our supply, but touches upon all three overarching goals. By reducing our energy demand, and better managing our supply from external sources we are delivering on our promise and enhancing the stability of Europe's energy market," Vice-President responsible for Energy Union Maros Sefcovic was quoted as saying in the statement.


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