22-year Old Bitcoin Dealer Sentenced for 2-year Imprisonment

Burrell exchanged the US cash in Mexico and San Diego and operated a million dollar of unregulated cash.

On April 8, 2019, US authorities showed a punitive approach toward cryptocurrency-related fraud. The US court sentenced 22-year old Jacob Burrell Campos for 2-year imprisonment for operating unlicensed Bitcoin exchange. He operated the Bitcoin exchange without registering with the Financial Crimes Enforcement Network of the US Department of Treasury. Along with 2-year imprisonment, the US District Judge Marilyn L. Huff has ordered to surrender a sum of US$ 823,357, the illicit profits he earned while operating the exchange. Burrell is a US citizen and Mexican resident and has been held in the custody since August 2018 without bail.

In October 2018, he pleaded guilty saying he was engaged in anti-money laundering measures and did not keep track on the customer and their money come from. According to a plea agreement, Burrell advertised his business on Localbitcoins.com and communicated with his customers via texts, emails, and encrypted applications. Although Burrell wasn’t accused of explicitly committing a crime, he was simply involved in the unlicensed exchange. Burrell admitted that, at first, he started as a customer to US-based, regulated Bitcoin exchange. However, his account was taken down for suspicious transactions.

Thereafter, he turned to Bitfinex, which is a Hong Kong-based exchange, before finally launching his own illegal exchange in 2016. He exchanged his US cash that was kept with San Diego-based metal dealer and in Mexico with Joseph Castillo. Burrell provided an exchange to his clients with privacy and anonymity and exchanged over a million dollars in unregulated cash. Bitcoin is still largely unregulated in the US and its demand has not decreased despite seeing a significant decline since late 2017. The platforms such Localbitcoins.com are becoming increasingly popular where vast quantities of trade remain untracked.

Subcutaneous Biologics Market to Showcase Attractive Growth Opportunities Worldwide

In terms of geography, the global market for subcutaneous biologics is segmented into four major regions, namely, North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW). There is huge healthcare spending in countries such as United States and Canada, and high prevalence of diseases such as rheumatoid arthritis and breast cancer. The Centers for Disease Control and Prevention (CDC) estimate that the current prevalence of rheumatoid arthritis (nearly 50 million Americans in 2012) will increase to 78 million by 2040. The disease also affects nearly 300,000 children in the U.S. according to RheumatoidArthritis.org. In the European region, EU-5 countries (Germany, France, United Kingdom, Italy and Spain) are the most potential market owing well established economy of these regions.

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Convenient drug delivery format is also in demand in developing regions such as Asia Pacific and Latin America where therapy compliance is a major issue. Large undiagnosed population, inadequate access to medicines and affordability issues hinder the market growth for subcutaneous biologics in developing regions.

Biologic, also known as biopharmaceutical, is a complex medicinal product manufactured by a biological process. Examples of biologics include blood and plasma derived products, vaccines, somatic cells and body proteins. Biologics market refers to a multibillion dollar opportunity that is expanding globally at an impressive growth rate. Most biologic products are given intravenously. However, in the past few years, a number of biologics have been developed that are given subcutaneously. The subcutaneous route of administration offers significant advantages over intravenous administration such as ease of drug administration, does not require skilled personnel for drug administration, enables at-home drug delivery and thus reduces patient time at healthcare facilities, reduced medicine cost and increased therapy compliance.

Owing to aforementioned factors, the subcutaneous route of administration has gained enormous traction in recent years. Subcutaneous route of drug administration are highly effective in administering biologics such as vaccines, proteins, peptides, antibodies and other large and complex molecules. The global market for subcutaneous biologics will be expanding under the influence of factors such as: Advantages over other routes of administration, Increasing trend of self-medication, Introduction of innovative drug delivery devices such as auto-injectors and prefilled syringes, Growing incidence and prevalence of rheumatoid arthritis and breast cancer, Growth in the biosimilars market,.

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Humira (Adalimumab), MabThera/Rituxan (Rituximab), Zytux (Rituximab), Stelara (ustekinumab), Enbrel (Etanercept)., Neulasta (filgrastim), ORENCIA (abatacept), RoACTEMRA (tocilizumab) and Herceptin (Trastuzumab) are among the major commercially available biologics that are administered through subcutaneous route. F. Hoffmann-La Roche AG announced the European Commission (EU) approval of its subcutaneous formulation of RoACTEMRA (tocilizumab) in April 2014. Amgen launched Neulasta delivery kit in 2015 to automate the delivery of drug and preventing infection in cancer patients.

Some of the major companies operating in the global subcutaneous biologics market include Genentech Inc., Biogen Idec, F. Hoffmann-La Roche AG, Amgen, Inc., Eisai, Inc., AbbVie, Inc., Pfizer Ltd., Takeda Pharmaceutical Company Ltd. and Bristol-Myers Squibb.

Nano-silicon Drug Delivery Platform Market to Expand Steadily in the Coming Years till 2018-2026

Nano-silicon Drug Delivery Platform Market report 2016-2020 focuses on the major drivers and restraints for the key players. These research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Nano-silicon Drug Delivery Platform market research report is a professional and in-depth study on the current state of Nano-silicon Drug Delivery Platform Industry.

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Nano-silicon Drug Delivery Platform market report provides key statistics on the market status of the Nano-silicon Drug Delivery Platform manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Nano-silicon Drug Delivery Platform industry. The Nano-silicon Drug Delivery Platform market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market.

Nano-silicon Drug Delivery Platform market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.

Regions of Nano-silicon Drug Delivery Platform market:

• Americas

• APAC

• EMEA

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In the end, the report makes some important proposals for a new project of Nano-silicon Drug Delivery Platform Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2016-2020 global Nano-silicon Drug Delivery Platform industry covering all important parameters.

Nano-silicon Drug Delivery Platform driver

Nano-silicon Drug Delivery Platform challenge

Nano-silicon Drug Delivery Platform trend

Key questions answered in Nano-silicon Drug Delivery Platform market report:

• What will the market size be in 2020 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

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Medical Alert Systems Market to See Incredible Growth and Forecast 2018 – 2026

Medical alert systems (MAS), also known as Personal Emergency Response System (PERS), are alarm systems designed to alert linked healthcare facilities in case of any medical hazard or injury requiring immediate medical attention. Medical alert systems are usually marketed with a wireless transmitter designed as a pendant, which can be activated in a medical emergency. Disabled and elderly people who do not live with their family members are the major users of these systems. Currently, the medical alert systems market is highly attractive due to rapidly aging population and increasing awareness among the populace.

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Few devices in the medical alert systems market: Life Alert, LifeStation, Medical Alert, Philips Lifeline, MobileHelp, Bay Alarm Medical, Alert1, Medical Guardian’s MAS and Rescue Alert.

Developed economies such as the U.S., Canada, U.K., Germany, and Japan are characterized by high adoption rate of emergency alert systems from the large geriatric population. Moreover, due to high incidence rates of injuries due to fall from beds and upper bunks, the market for medical alert systems is expected to grow further in developed regions. According to the Centers for Disease Control and Prevention (CDC), one in three senior citizens aged 65 and above, fall down from bed and upper bunks each year, in the U.S., and 20% to 30% of them suffer from serious injuries due to the fall.

However, with certain issues in the current medical alert systems, there is an immense scope for technological development in the device. For instance, Lifestation, Inc. is facing a lawsuit filed by a customer claiming to receive unsolicited calls on his cellphone from the Lifestation MSA device. Moreover, limited reimbursement for this device is hindering demand in the U.S. and Canada.

There are new devices being launched with additional features. Philips launched a new MAS device, GoSafe which has an auto-alert fall-detection and GPS tracking. Even wearables by Fitbit come with medical alert systems, in addition to their usual health tracking features. Stealth Technologies, Inc. also launched a device—911 Help Now—with no recurring monthly charge. These devices are a major threat for standalone MAS devices.

The global medical alert systems market is highly fragmented, owing to participation of many established and emerging players in the market. Major players involved in the MAS market include AlertOne Services, LLC. Bay Alarm Medical, CarelineUK Monitoring Limited, Galaxy Medical Alert Systems, Ltd., Life Alert Emergency Response, Inc., LifeStation, Inc., and Koninklijke Philips N.V..

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The only advantage of non-monitored MAS is that it does not require a monthly fee to be paid to the monitoring company as in the case of two-way voice system and Medical Alert Alarm (Button) System. The monitored MAS on the other hand, helps save time in contacting or alerting the health service provider, does not require updating non-monitored voice dialer, and helps provide emergency help in less time than non-monitored systems. End users of medical alert systems: Senior care centers, Nursing homes, Old age homes, Hospitals, Individual patients,.

Healthcare Analytical Instrumentation and Systems Market To Increase at Steady Growth

Analytical instruments and systems are devices that are used to for product analysis across various industries. There are different types of analytical instruments such as chromatography, electrophoresis, PCR, flow cytometers, and many others used across different industries. Application in chemical and healthcare research is extensive of these analytical instruments. These devices aid in substance separation, identification, and evaluation with different techniques. With increasing research and development across the globe, demand for analytical instruments is growing rapidly.

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Moreover, with increasing sample size and data generation through these samples, managing information has become crucial. Laboratories generate tons of information annually which need to be documented for further processes. Therefore, there are information systems developed that aids in managing the process and outcomes of the analytical tests.

With rapid adoption of new technologies owing to easy availability of funds, demand for advance analytical instruments and systems is high in the developed economies such as the U.S., U.K., France, Spain, Italy, Canada, Japan, and Australia. However, other regions such as Middle East, Latin America and South East Asia are expected to be the prospective markets in the near future.

Major pharmaceutical companies are outsourcing their drug research and development services (CRO) to various countries such as China, Singapore, Malaysia and India, which is propelling the growth of the analytical instrumentation and systems market. This results in high adoption rate of precise analytical instruments in these countries. Moreover, highly developing biotechnology industry, is also contributing to the demand analytical instruments and systems.

The global healthcare analytical instrumentation and systems market is witnessing a commendable growth due to the rising demand for process automation technologies and continuing product innovations. Furthermore, stringent regulatory and testing standards are expected to boost the growth of advance analytical instrumentation and systems in the near future. Additionally, increasing usage of analytical instruments in biotechnology is further driving the growth of this market.

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The global healthcare analytical instrumentation and systems market is highly fragmented due to the participation of many global as well as regional players in this market. The market is expected to witness a high growth rate due to the growing demand for finer process analyses and stringent regulatory policies. Some of the key players involved in the analytical instrumentation and systems market are ABB Ltd., Analytical Systems International / Keco, Electro-Chemical Devices, Inc., Emerson Electric Co., Honeywell Process Solutions (HPS), Mettler-Toledo International Inc., Thermo Fisher Scientific, Inc. and Yokogawa Electric Corporation.

Life Sciences BPO Market Size, Emerging Evolution and Opportunities Till 2026

The global life sciences BPO market is driven by factors such as increasing cost of research and development (R&D), growing price pressures, and increase in investments by pharmaceutical and medical devices companies in emerging economies such as India, China, Brazil, and South Africa. Pharmaceutical and medical device companies are adopting inorganic growth strategies to expand their business and reduce their Capital Expenditure (CAPEX) and Operation Costs (OPEX). However, outsourcing certain services to different CMO and CRO companies located in other countries is a challenge for the outsourcing company to monitor and follow a particular set of guideline for product approval pertaining to regulatory filings, clinical trials and medical writing. Collaborative efforts among various stakeholders of the ecosystem is analyzed to benefit the life science BPO industry in the long run.

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Increasing demand for low cost drugs, rising cost pressure from various governments, patent cliffs, and uncertain regulatory conditions are factors contributing to increasing revenue growth of the global life sciences BPO market. Globally, pharmaceutical, and medical device companies are entering into strategic agreements with contract research organizations to leverage their expertise. This is helping them introduce new products at reduced costs and in turn obtain a competitive advantage.

In the current market scenario, outsourcing service is extended to medical coding, medical transcription, and clinical services. CMO and CROs provide products and services at much lower costs. Moreover, their regional regulatory expertise helps pharmaceutical and medical device companies to meet regulatory requirements in various countries.

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Demand for life sciences BPO is high in Asia and Latin America due to large patient pool, easy availability of patients for clinical studies at a lower cost, and cost effective CMOs and CRO services. However, rising concerns over U.S. Food and Drug Administration (FDA) inspections in these regions is adversely impacting market growth to a certain extent. CMOs and CROs such as Divis Laboratories Ltd., Accenture pl., and PAREXEL International Corporation are investing to cater to demand for Good Manufacturing Practices (GMP) requirements and regain the trust and share for CMO and CRO market.

Demand for contract manufacturing and contract research services in Asia is high, mainly due to large number of FDA approved drug manufacturing plants in this region. According to the UBM India Pharma Publication report of 2015, Indian accounts for 22% of the overall U.S. FDA approved drug manufacturing facilities globally. Moreover, dynamics such as wide availability of highly trained professionals, cheap labor, large patient pool, and easy availability of subjects for clinical trials are positioning Asia Pacific as a major life sciences BPO market. The life sciences BPO market in this region is expected to expand at a CAGR of 16.6% during the forecast period.

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Currently, market players such as Accenture plc. Cognizant Technology Solutions, Catalent, Inc., Covance, Inc., Boehringer Ingelheim GmbH and Genpact Limited are offering a plethora of service as a one-stop solution to healthcare providers to outsource their processes.

 

BitPay the Crypto payment service saw a total transaction of $1 billion in 2018

BitPay is one of the biggest global cryptocurrency payment services which has come out with a report saying that in the year 2018, they have been able to see a total transaction of $1 billion. This report was released by BitPay on a press release which was organized on 16th of January 2019. The report has also revealed that BitPay has set a new record for themselves in terms of a number of transactions and revenue collected in the year 2018.

BitPay also named their major customer in 2018 as DISH Network and Hacker One, along with the State of Ohio. Since 2017 the B2B business for BitPay has also seen a total growth of 255 percent. There was a huge decline in the cryptocurrency market in the year 2018, but that did not stop the company from achieving big numbers. The cryptocurrency situation in the global market is still not very much clear. Some of the countries have announced that it will be illegal to do any transactions whereas other countries are yet to decide what they want to do with cryptocurrency.

The Chief executing officer of BitPay has come out and said:

“We are really happy with the numbers we have been able to achieve. We did not have any kind of the goal of achieving such a big number, but we are very happy that we have made this happen. We are expecting that the growth in the year 2019 will increase from 2018 because we are providing with cheaper and quicker than bike wire for most regions of the world.”

The main focus of BitPay is Bitcoin, also known as BTC. They have said that they will also be providing a platform for other cryptocurrencies like Bitcoin Cash (BCH), stable coins USD Coin (USDC), the Gemini dollar (GUSD) and Paxos Standard (PAX).

In the month of April 2018, BitPay received their Series B funding of $40 million. In this round of investment, some of the companies which participated were Tencent and ISS. The chief executing officer of BitPay has also claimed that in the coming 3 to 5 years, there will be a massive adaptation of Bitcoin which will help them to grow their business even further. By the end of 2019, the prices of Bitcoin will also see a major hike.

Source

Binance enters the European market and launches their Binance Jersey Cryptocurrency

One of the biggest cryptocurrency exchanges Binance is finally going to expand in the European market. They are launching their new platform which is basically a fiat to cryptocurrency trading. This was announced by Binance on a press release which was shared on 16th of January 2019 with Cointelegraph.

The press release made it clear that Binance will be coming up with a new trading platform of its own which they will be calling Binance Jersey. This platform will specifically be designed for fiat for crypto trading between the Euro and the Great Britain Pound with the help of other cryptocurrencies like Ethereum (ETH) and Bitcoin (BTC) within the United Kingdom and Europe. If people are trading with the help of the new Binance Jersey platform, then they will be able to all types of transaction in pairs like BTC/GBP, ETH/EUR, BTC/EUR, and ETH/BBP.

All users need to do is access this platform and go verify their account and also fill up the KYC or Know Your Customer form. Binance has made sure to put stress on their expansion into the European market. The reason Binance made the expansion faster because they did not want their business to get affected because of the Brexit deal.

Also Read: Global trade disruptions couldn’t affect the Canadian economy: Morneau

In the month of August, last year Coinbase, which is a major crypto exchange wallet has opened up their office in Dublin so that they could be well prepared beforehand when the United Kingdom leaves the European Union. Back in the month of June, the company Binance has finally decided that they will be signing a memorandum of understanding with an organization which is independent in nature so that they are able to represent Jersey’s digital industries. In this collaboration, deliver training will be organized with the sole purpose of promoting blockchain industries in Jersey. This will also help Binance in all kinds of discussions about anti-money laundering regulations.

A couple of days back, the company called Belarus also launched their trading platform. The trading platform which was launched basically allows all the users to buy token versions of the shares of gold and other assets. It was reported in just 2 hours that a total of 2,000 registrations were received by the company after its launch. Yesterday altcoin Tron and ABCC crypto exchange announced their partnership so that they were able to list tokens all based on TRC 10 technical standard.

Source

Canadian Platform expanded to 100 countries and playing a major role in the global crypto exchange

There has been a downturn for the cryptocurrency market in the year 2018.

According to expectation, the market of cryptocurrency will see an improvement in the year 2019. CoinField which is basically based in Canada has plans to make crypto trading much more accessible and also cheaper for all the investors. The cryptocurrency prices will go green and people will be able to take advantage of it. It is intended that the exchange will become one of the largest cryptocurrency platforms. This platform is now available in a total of 101 countries and the team has also decided that in the year 2019, they will expand this to other countries where they do not have their presence.

The first time CoinField was launched was in the month of April 2018 by the Central Crypto Exchange Corp. The platform claims that it will provide users a place where they can do both simple as well as a complex dashboard for all kinds of traders. This platform is used by both professional traders and beginner traders so that they are able to make purchases and also sell cryptocurrency simply with the help of a couple of clicks.

Also Read: The United States health care stocks very steady after a strong last year

According to the claims of the trading platform, it helps the user to get real-time order book, charting tools, trade history, stop order, advanced limit, and also a user-friendly order process which will help traders trade like a professional. The platform is very much stronger and it will be able to do more than 75,000 trades per second and a total of 1.5 million API calls per second. CoinField always makes sure that they use the latest technology so that they are able to keep all the assets of the users safe.

According to a user:

 “One of a kind secret vault that’s been built from scratch to store sensitive information on the system.”

The platform of CoinField now offers deposit and withdrawal option for a total of six different currencies. This platform has very recently added four new digital agencies. Some of the currencies which are accepted by the platform are United Arab Emirates Dollar, Dirham, Japanese Yen, British pound sterling, euro, and Canadian dollar. It is expected that in 2019, this platform will expand and reach all the other countries of the world.

Also Read: FOREX-Dollar to stay steady, even after the worries of Global Growth

Malaysian government still in the dilemma about legalizing Cryptocurrency in their country

According to recent reports, the government of Malaysia is still very much undeceive on whether they should legalize cryptocurrency or not. This news was published by a local English language media called the New Straits Times on the 12 January 2019. When the Malaysian Federal territories minister Khalid Abdul Samad was asked whether digital currencies are legal or not, he said:

 “At the moment the answer is neither legal nor illegal as the situation is still unclear.”

Samad has also made sure to point out that he was involved in the launch of Harapan Coin also known as HRP which is a proposed political cryptocurrency. He was not appointed as the finance minister and therefore, this does not fall under his jurisdiction.

In the month of December 2018, Cointelegraph has reported that Malaysia’s finance regulator and the central bank has issued a joint statement which has confirmed that they were setting up regulation on all the cryptocurrencies and initial coin offering also known as ICO assets. Samad has also reported that previously he has proposed the Bank Negara Malaysia and the Prime Minister Tun Dr. Mahathir Mohamad to use digital currencies or Harapan coins for all the government transactions in the country.

Also Read: Gold Prices aim to get higher as Viacom decides to exit China increasing the chance of risk

According to the Cointelegraph, in the month of November 2018, the Malaysian Member of Parliament had urged that the government implement proper cryptocurrency regulations before undertaking the Harapan Coin cryptocurrency project.

Cointelegraph explained that in a dedicated analysis, which was made in the month of December 2018, as much as 30 percent of the total funds raised for this project were destined for the system’s administration.

Cryptocurrency is in a very critical position in the global market. A lot of countries have already announced that it is illegal to do any kind of transactions in the market related to cryptocurrencies. There are countries in the global market like Malaysia who are still yet to decide that if cryptocurrency is legal for them or not.

Different cryptocurrencies have set up their policies differently so that they are able to survive in the market easily. Most of the cryptocurrency companies are encouraging people to invest their money on it, but people are not very sure. If this goes on for a longer period of time the cryptocurrency business will be affected.

Also Read: Asia Pacific markets see a fall as all the investors react to the Chinese trade data