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Crowd funding: SECP warns of false scheme – The Express Tribune

Crowd funding is not allowed in Pakistan and no company can raise funds through this scheme

ISLAMABAD:The Securities and Exchange Commission of Pakistan (SECP) noticed on Monday that a Facebook page with the title of Innovative Crowd Funding Project Pvt-Ltd Pakistan has appeared, explaining the concept, history and other details of crowd funding investment.

In view of this, the regulatory body warned the public not to be misled by any such false scheme. As per the website, it seems that the company is involved in raising funds through crowd funding, the SECP said a statement.

In this regard, we would like to clarify that no company with the name of Innovative Crowd Funding Project Pvt-Ltd Pakistan is registered and that crowd funding is not allowed in Pakistan and no company can raise funds through this scheme, the statement added.

Published in The Express Tribune, March 28th, 2017.

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Top 3 Altcoin Pumpers in History – The Merkle

The world of cryptocurrency is filled with people who are looking to gain a financial advantage over others. That is not entirely surprising, considering there is a lot of money to be made. The altcoin industry especially has seen its fair share of pumpers, some of whom are more notorious than others. Always be careful when listening to others for altcoin investment advice.

Although not everyone has heard of Ryan Pumper, this individual makes no bones about what heis trying to achieve. Using the @Pumper_Ryan Twitter handle, he advises people on how they should buy and sell altcoins on the Bittrex exchange. Considering Bittrex can generate quite a lot of trading volume for newer altcoins, it has quickly become the premier place for altcoin daytrading.

It would appear as if Ryan Pumper is no longer active on Twitter these days, as his latest message dates back to August of 2015. That being said, his timeline is filled with quite a few pieces of advice regarding cryptocurrencies. He also runs the PumperPicks website, although it appears very few updated are provided here as well. People who followed Ryan Pumper in the past may have made some good money following his calls, that much is certain.

When Dogecoin was first introduced to the cryptocurrency world, the currency was considered to be a joke. However, Dogecoin caught the interest of an individual going by the name of Wolong, who claimed to manipulate the Dogecoin market and make thousands of bitcoins while doing so. His actions even drew a reaction from former Dogecoin developer Jackson Palmer.

Dogecoin was only one of the famous Wolong currencies, though, as he was also involved in other altcoins going through significant pump-and-dump cycles. Many people believe Wolong is also the person responsible for creating Pandacoin, which ultimately collapsed after a massive pump-and-dump run. To this day, it is estimated Wolong made at least 10,000 bitcoin from his activities, although the total amount may be much higher.

It is impossible to discuss pump and dumps in the cryptocurrency world without coming across the name Fontas. This individual has become somewhat of a household name among altcoin daytraders. Pulling off a successful pump and dump is not an easy feat, though, as it requires both initial capital as well as social engineering skills to trick others into buying as well. The way Fontas allegedly did it was by buying altcoins at a cheap price using different aliases.

He would then announce on his Fontas twitter account about how one coin would be pumped. Since Fontas has a ton of followers, announcements like these will always create some market action. He would then create a large buy order on the day of the pump, which acts as a wall. Once people see this massive buy order, they start to buy said cryptocurrency as they believe it will not break through this buy order anytime soon. As the price goes up, Fontas then unloads his holdings and moves onto the next coin.

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

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SpectroCoin Announces Altcoin Support for Bitcoin Debit Cards – AllCoinsNews.com (blog)

Starting in March 2017, UK bitcoin service provider SpectroCoin began to extend support to over 41 different cryptocurrencies. Users now have the option of a range of altcoins to fund their SpectroCoin Wallet and bitcoin debit cards. They can also use these supported altcoins to top up their mobile phones, buy gift vouchers or withdraw money using a variety of available methods. The 41 supported cryptocurrencies on SpectroCoin includes the existing bitcoin and DASH options, along with the likes of ethereum, monero, LiteCoin, zCash, augur, and others.

SpectroCoin has made this decision in order to advance its vision of becoming a service provider for a spectrum of alternative cryptocurrencies used for payments. The team behind SpectroCoin is has been working on this for the past three years. The company started offering bitcoin debit cards to make it easier for people to spend cryptocurrency for their daily needs. These cards act as an alternative to standard fiat debit cards and can be used at any ATM or Point of Sale terminals accepting Visa or MasterCard cards across the world. The prepaid debit card option starts at as less than US$ 0.5 with no loading fee.

The bitcoin debit card is currently available in over 120 countries globally. The platform gradually started extending its services to include other cryptocurrencies, starting with DASH. The inclusion of DASH Wallet allowed users to send, receive payments and top-up the prepaid debit cards using DASH. SpectroCoin also offers DASH merchant solutions, allowing shops and businesses to accept DASH payments from customers and receive settlements in relevant fiat currencies (USD, EUR, GBP etc.) over SpectroCoin merchant API and shopping cart plugins.

The addition of new altcoins is a result of the positive response and significant traction gained by the platforms DASH solutions. Users can now fund their SpectroCoin wallets with the supported altcoins and then use it to top-up the debit cards or exchange or withdraw it. SpectroCoin will extend full support to these altcoins including wallets and payment processing solutions, on par with those currently available for bitcoin and DASH.

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Is Bitcoin A Safe Way To Transact Money? – Forbes


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Is Bitcoin A Safe Way To Transact Money?
Forbes
Bitcoin was designed to operate independently of any regulatory structure to facilitate anonymous transactions both locally and across international borders. These features make it attractive to some people for certain types of payment, particularly ...

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NZ-Based Bitcoin Trading Platform Officially Launches – Scoop.co.nz (press release)

NEW ZEALAND-BASED BITCOIN TRADING PLATFORM, BITPRIME, OFFICIALLY LAUNCHES

New Zealand BitPrime, a brand-new, full-service Bitcoin trading platform designed to provide a reliable and secure site for the buying and selling of Bitcoin, a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, this week officially announced their Bitcoin platform is open for business.

Borne from a passion for taking the complexity and danger out of trading Bitcoins, which can come to represent a significant investment, BitPrime is a centralized, consolidated platform in New Zealand that uses a safe, third-party escrow service for all clients peace of mind.

We are a cryptocurrency trading platform, committed to buying Bitcoin and selling Bitcoin at the most competitive rates available today, said Geoffrey Palmer, Founder and Owner of BitPrime. The ultimate goal of our new site is to make the entire transaction safer and faster for everyone involved. Bitcoin is a fairly new concept for most people, so we want to make it an accessible form of investment for everyday New Zealanders. With interest rates being so low investors are looking for better returns in different asset classes, and this is precisely what Bitcoin offers.

For those interested in buying Bitcoin from the platform, they will be able to acquire the digital currency in just minutes. Once the client initiates a transaction, BitPrimes third-party escrow partner, Local Bitcoins, will hold the bitcoin in trust until the payment has been made. BitPrime can accept both bank transfers and cash deposits, as well as in-person transactions for customers based in Christchurch.

Investors are also able to sell their bitcoin on BitPrime. We will always pay a competitive price for a clients Bitcoins and act with discretion at all times, said Geoffrey Palmer. Bitcoin is a formidable up-and-coming digital currency that is revolutionizing business and monetary transactions as we know it throughout the world.

BitPrime is a Kiwi-owned and operated business. They are committed to building long-term relationships with Bitcoin investors looking to take profits and Bitcoin miners.

The BitPrime platform owns and updates an informational blog for all visitors interested in learning more about selling and buying Bitcoins.

For more information, visit: http://www.bitprime.co.nz.

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IRS Crackdown on Bitcoin Exchange Fuels Privacy Worries – WSJ – Wall Street Journal (subscription)


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IRS Crackdown on Bitcoin Exchange Fuels Privacy Worries - WSJ
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The federal government is ramping up pressure on a leading digital-currency company to turn over a vast amount of its customer records as part of a tax-evasion ...
The Tax Man Cometh For Bitcoin - Data Protection - United StatesMondaq News Alerts (registration)

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Dedicated Cryptocurrency Fund TaaS Starts its Initial Coin Offering … – Finance Magnates

TaaS, a tokenized closed end fund dedicated to blockchain assets, haslaunched its Initial Coin Offering (ICO) today, which will last untilApril 27, 2017.The venture will issue tokens built on a profit-sharing smart contract where token owners receive 50% of the quarterly profits.

TaaSco-founder Dimitri Chupryna said: TaaS model solves the major problems faced by early adopters of cryptocurrencies, issues that make it impossible for institutional or traditional investors to access the worlds fastest growing market. We have designed the TaaS platform to reduce the risks and barriers faced by investors when entering the surging blockchain and cryptocurrency space.

Experts from across the world have declared that blockchain technology will shake up many industries in the coming years, and those looking for a trusted access to this extraordinary market will be able to invest through TaaS during our crowdsale.

To provide transparency into non-Ethereum token investments, TaaS has built in-house Cryptographic Audit technology, which is a set of autonomous auditing techniques that track, record and timestamp trading activity. The developers say this technology ensures that all profits are properly recorded, money flow is transparent, and the company is in possession of all declared funds.

As we previously reported, the TaaS team is also developing Kepler, a Bloomberg-like portfolio management and analytics platform for cryptocurrencies. Kepler is meant to cover the entire spectrum of the investment process, providing market research, due diligence and order management as well as risk exposure and performance forecasting.

TaaS hopes to deliver significant and long-term changes in the blockchain industry and cryptocurrency market. We believe the vision and technology underpinning TaaS and Kepler will transform digital currency investments and we are eager to see its progress, concluded Chupryna.

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China’s central bank thinks digital currency can do one thing cash can’t – Quartz

Chinas central bank, the Peoples Bank of China (PBoC), has been working to develop its own digital currency. Having recently completed a trial run of its cryptocurrency based on blockchain technology, the PBoC is moving closer to becoming one of the first central banks to issue digital money.

The obvious benefits of such a push include lower operating costs, greater efficiency, and better control of illicit money flows, reasons that have previously been cited by the Chinese central bank.

But the central bank appears to be more ambitious than that. Speaking at a high-level forum yesterday (March 26), PBoC governor Zhou Xiaochuan gave one more reason for the banks digital-money drive: negative interest rates.

If everyone is holding cash, negative interest rates become useless, Zhou was cited as saying (link in Chinese) at the Boao Forum, an annual conference in Hainan province. With the popularity of digital currency, cash usage will drop significantly During extreme deflation, negative interest rates are perhaps more useful than dropping money from helicopters.

It appears to be the first time that the Chinese central bank has directly linked issuing digital currency to its monetary policies, and in particular to negative interest rates. Negative rates, which charge banks to hold money, have in recent years been used by Japan, Sweden, Switzerland, and Denmark to boost growth and raise inflation, to varying degrees (paywall) of success. China, on the other hand, is in effect increasing rates as its economy is still revving up.

But Chinese policymakers are apparently preparing for the worst. Zhou made it clear during his speech that the Chinese central bank would not rule out the use of negative rates if deflation occurs in China. But in such a scenario, even with a negative rate policy in effect, people may still want to hold on to physical cash rather than spend money. Zhous thinking is that until paper money is mostly replaced by digital money, that problem will not be resolved.

Even as the PBoC is turning to blockchain technology to create its own digital money, it is stepping up oversight of Chinese bitcoin exchanges, presumably amid concerns about capital outflows and money laundering. As a result, major trading platforms have imposed halts on withdrawals and stopped margin trading, among other self-imposed restrictions, in an attempt to appease the regulator.

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18 free cloud storage options – Networks Asia

The cloud is full of free storage, if you know where to look.

From Box to DropBox, Google to Apple, theres plenty of free storage to be had in the cloud. Many companies use free cloud storage as a way to entice users into their clouds in hopes that they will pay more for additional storage.

Below, in alphabetical order, are 18 free cloud services but a word of warning: The market for free cloud storage is volatile and offers from these vendors can change frequently, including being eliminated with little or no warning.

Amazon Cloud

The deal: 5GB free in S3; free unlimited photo storage for Amazon Prime customers.

Details:Amazon Web Services business-oriented cloud storage service named Simple Storage Service (S3) has a tier of up to 5GB of free storage. On the consumer side, Amazon Prime members get free unlimited cloud storage for photos in Amazon Cloud Drive with their subscription, which costs $99 per year and includes free two-day shipping on eligible Amazon.com products. For non Amazon-prime members, unlimited photos can be stored for $11.99 per year after a three-month free trial. For $59.99 per year Amazon offers an Unlimited Everything plan, which allows any file or document to be stored.

More information:Amazon Cloud DriveandAmazon S3

Apple iCloud Drive

The deal: 5GB of free cloud storage

Details:Apple iCloud Drive comes with 5GB of free cloud storage. Users looking to bump up their storage can do so for $0.99/month for 50GBs; $2.99/month for 200GB; $9.99/month for 1TB and $19.99 for 2TB. ICloud is meant for Apple users, but there is an iCloud app for Windows. A third-party app is needed to access iCloud storage from Android devices.

More information:Apple iCloud

Backblaze

The deal:10GB free cloud storage

Details:Backblaze offers personal computer backup and business cloud storage services. But it also has an offer for 10GB of free cloud storage. Additional storage is $0.005/GB/month. There is a limit in the free version of 1GB downloaded per day. Mac and PC backups are $5 per computer per month, or $50 per year. Business plans start at $5 per computer per month, or $5 per month per TB.

More information:Backblaze pricing

Box

The deal:10GB of free cloud storage

Details:Box offers a number of plans, but the basic, single-user free plan comes with 10GB of free storage, with a 250MB file upload size limit. A Personal Pro plan is $10 per month for 100GB of storage with a 5GB upload limit. The companys other plans are targeted at teams and businesses and include more stringent security measures. A starter package for $5 per month comes with 100GB of storage and a 2-GB file size limit for up to 10 users. A Business account for $15 per month includes unlimited storage with a 5-GB file size limit. Custom-priced enterprise plans are also available.

More information:Box

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Top 10 Cloud Data Storage Companies – HITInfrastructure.com (blog)

Source: Thinkstock

March 27, 2017 -As health IT infrastructure becomes more advanced, organizations are adopting big data analytics incentives, mobile and Internet of Things (IoT) devices collecting information that needs to be stored. As Charged with the task of managing more data, they struggle to scale traditional on-premise solutions to meet the demands of structured and unstructured clinical data.

Cloud storage solutions in healthcare allow facilities to expand and scale their IT infrastructures to meet the demands set by advanced analytics and connected medical devices to decrease overall costs and save on space needed to house physical servers.

Based on market reports from Global Industry Analysts, MarketsandMarkets, and Reportbuyer, HITInfrastructure.com presents the following list of top healthcare cloud storage companies and how they meet specific healthcare needs.

AWS Amazon Web Services (AWS) focuses on helping healthcare providers deliver efficient, quality care to patients through reducing the time needed to run existing workloads and providing access to useful analytics capabilities. AWS also prioritizes meeting all security and privacy requirements. The cloud storage vendor gives providers access to archiving solutions and allows hospitals to store backup servers in the cloud to save space. AWS also eases information security by managing over 1800 security controls and grants providers access to the right resources through technology and consulting partners useful for a variety of applications. AWS also collaborates with other cloud vendors including VMware to offer organizations options for public and private cloud deployments.

Microsoft Azure Microsoft Azure is one of the most widely used healthcare cloud providers. The collection of integrated cloud services offers healthcare organizations solutions ranging from the Internet of Things (IoT) to big data and analytics. Microsoft Azure equips providers with the necessary tools to engage patients, empower care teams, and optimize clinical and operational effectiveness. The cloud provider also offers services to care coordination, clinical analytics, remote patient monitoring, and clinical analysis.

Dell EMC Dell EMC Secure Healthcare Cloud offers HIPAA-compliant security and disaster recovery. The cloud provider hosts applications, and assists users in building a private cloud or integrating Dells solutions into their existing infrastructure. Dell is focused on building users a secure healthcare cloud equipped with administrative, physical and technical controls to fulfill the requirements of clinical data management. Offering a range of features such as a logically partitioned network, computer and storage layers, single sign-on and secure messaging, Dell EMC has a consistent record of matching healthcare provider needs with secure solutions.

Google Cloud Platform Google Cloud Platform offers evolving infrastructure with big data and analytics capabilities through a focus on developing code over configuring servers. Google Cloud Platform strives to meet stringent security, and compliance controls, including HIPAA, so healthcare organizations can trust their infrastructure meets all relevant regulations. The cloud provider offers a variety of products including cloud storage and databases, cloud virtual networks, and a cloud machine learning engine.

IBM IBM supplies healthcare organizations with the necessary tools and technology to deliver quality patient care using a cloud service with apps and services integrated with cognitive and analytics capabilities for valuable insights. IBM offers a variety of secure, scalable, private cloud options available in more than 45 data centers worldwide. The cloud platform integrates DevOps tools to accelerate the development and delivery of web and mobile services. To help providers with the inundation of healthcare data they deal with each day, IBM provides services including the IoT to promote improved patient care and health outcomes.

ClearDATA ClearDATA prioritizes healthcare security and managing sensitive healthcare data through compliance and security safeguards, healthcare expertise, and DevOps automation. ClearDATA equips healthcare providers with the tools to deal with the large volume of data and analysis involved in population health management, the transition from volume-based care to value-based reimbursement, and the complex regulations setting expectations for coding, reimbursement, PHI protection, and quality of care.

Intel Intel specializes in facilitating workflows and customized treatments in clinical and distributed care settings using data analytics and clinical decision support. Intel also provides resources for mobile healthcare teams for consolidating patient data and transferring patient information wirelessly before the patient arrives onsite.

Rackspace Rackspace, soon partnering with Google, specializes in managing the worlds leading clouds, with technical and professional certifications to manage a variety of cloud providers including AWS. One of Rackspaces premiere features is Openstacka way for users to manage containerized, virtualized, and bare metal applications across public, private, and hybrid clouds using a single standard set of APIs.

Iron Mountain Iron Mountain, Iron Mountains information management solutions specialize in records management, information destruction, and data backup and recovery. Iron Mountains scalable portfolio of health IT management solutions focus on accelerating user EHR transitions and reduce their hybrid period. The cloud provider helps manage clinical and business solutions for over 2,000 hospitals, meeting HIPAA security compliance requirements and storing electronic health information in offsite underground data centers.

SAP SAP provides software for healthcare providers to aid with patient care delivery, care collaboration, healthcare analytics and research, and platform and technology. SAPs analytics and real-time health IT platform helps healthcare providers with integrated patient access to information and health data exchange. SAP solutions specialize in enabling information exchange, managing risk and compliance, and personalizing healthcare and patient engagement.

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