Centric Announces Launch with a New Dual Economic Model to Help Drive Blockchain Mass Adoption

Centric, a dual cryptocurrency payment network, has officially announced its launch in hopes of limiting industry volatility.

The company has developed a dual token ecosystem, the first being Centric Rise, which steadily increases in price hourly. This will help offer a reliable store of value and an incentive to join the network for users globally. The second token, Centric Cash, is pegged to the first token and will freely trade on major cryptocurrency exchanges.

The exchange between the two tokens is governed by a decentralized smart contract with immutable price blocks, set one year into the future. In this way, the protocol self-regulates token supply to meet ongoing changes in demand. From a user perspective, Centric is simply a payment network and a reliable store of value.

Centric CEO Gabriella Davis explains, “We are very excited for the launch of what we believe is game-changing technology in the blockchain industry. With high volatility and low usability, the industry still suffers from adoption challenges. Centric will fix this by using a dual token ecosystem that is both user-friendly and economical from a monetary standpoint.”

Centric will make its official public launch Q1 2020 and will look to enhance the value of the network through the addition of new products and partners that contribute directly to the transactional volume of the network’s currencies.

To learn more about the Centric project, visit www.joincentric.com

About Centric: Centric is a blockchain-based payment network composed of two distinct tokens which promote stability, an incentive structure for early adopters, and store of value. The exchange between the two tokens is governed by a decentralized smart contract and a self-regulating protocol.

Media Contact: Email: media@centricfoundation.com

ICANN Accredited Domain Name Registrar Web4Africa Extends Into New Data Centres

Leading pan-African web hosting company Web4Africa, which is accredited by ICANN as an authorised domain name registrar, expands into four new data centres in their effort to provide a more reliable web hosting services across the region.

ICANN Accredited domain name registrar and prominent pan-African web hosting company Web4Africa is extending into four new data centres. With this, the company will now be able to provide more reliable and efficient web hosting services with broadened servers. They are expanding their web hosting infrastructure so they can provide improved services to their international clients. Websites can now be hosted and stored on massive servers. “We are working hard to provide better services to our customers. I believe we can only do this by widening our web hosting infrastructure which is increasing the number of our servers. We are in the business of providing technologies and services needed for all kind of businesses regardless of their industry or size to be viewed and displayed on the internet, so we are making sure we provide these services more efficiently,” explains the CEO of Web4Africa.

Web4Africa has an improved high-class web hosting framework that includes quality performing servers that ensures high uptime to make sure their clients don’t lose any customers at all. Networking accessories and dual-stack multi-homed autonomous internet protocol networks ensure the smooth operation of websites. Their systems are secure and have the ability to convey web traffic expeditiously. They distribute effective website domain names to their worldwide customers while also administering web hosting solutions and services.

Earlier the company was in the news for building West Africa’s first mirror project, which intended to drastically improve the availability of free and open-source software in and around Nigeria. To help more businesses in the region build their digital presence, the company frequently offer regular discounts and run promotions.

About Web4Africa

Established in 2002, Web4Africa is known for its own enterprise-grade hardware, resilient dual-stack IP network backed by capable and responsive support personnel. Domains, web hosting, reseller hosting, virtual private servers, colocation and dedicated servers are among the many services provided to ensure the smooth running of client websites. They are an ICANN Accredited domain name registrar that works directly with domain name registries. Now, the firm can provide the customers with the choice of data centre locations in Ghana, Nigeria, Kenya or South Africa to have a more efficient digital presence. To encourage businesses and individuals who are into digital currencies, Web4Africa also accepts payments in bitcoin.

More information about the services can be found at https://web4africa.com

Media contact details:

Name: Gbenga Ajao
Company: Web4Africa
Email: pr@web4africa.net
Website: https://web4africa.com
Address: 372 Oak Avenue, Randburg, South Africa
Phone: +27 10 500 8831

Malicious Redirect Campaign Attacks WordPress Websites, Redirecting Visitors To Harmful Sites

Be careful with your WordPress websites and make sure to keep everything updated. Reports from various media platforms point to a malicious redirect campaign that’s targeting WordPress websites by exploiting vulnerabilities in some plugins. These attacks are redirecting visitors to several harmful websites.

Here’s a list of plugins where potential vulnerabilities have been found:

https://wordpress.org/ plugins/nd-shortcodes/
https://wordpress.org/ plugins/nd-donations/
https://wordpress.org/ plugins/nd-travel/
https://wordpress.org/ plugins/nd-booking/
https://wordpress.org/ plugins/nd-learning/
https://wordpress.org/ plugins/simple-301-redirects-addon-bulk-uploader/
https://wordpress.org/ plugins/woo-confirmation-email/
https://wordpress.org/ plugins/yellow-pencil-visual-theme-customizer/
https://wordpress.org/ plugins/responsive-coming-soon/
https://wordpress.org/ plugins/blog-designer/

If you are using any of these plugins in your wodpress installations, reach out to the plugin support to fix it or disable it till you make sure it’s safe to use.

Also, make sure you have a reliable WordPress Security Plugin installed on your website.

Data source: https://www.wordfence.com/blog/2019/08/malicious-wordpress-redirect-campaign-attacking-several-plugins/

Chris Munch Launches New Internet Business Training Program ‘The 100k Shout Out’


Internet marketing veteran Chris munch launches his latest business training program for online entrepreneurs ‘The 100k Shout Out’, with a new content amplification engine called ‘AmpiFire’.

The $100k Shout Out Is devised to help individuals move from $0 to $100,000 in one year with no special skills, no product, no audience, no experience in content marketing, zero startup capital and even no landing page.

For those looking to go into online entrepreneurship, the course illustrates the precise bids to pick, and the right phases to get through to make 6 figures per year. Although the course does not promise to reveal a ‘get rich quick scheme’, it takes the absolute beginner through the steps that will train them from novice to expert if they put in the right work.

You can find more details about ‘The $100k Shout Out’ HERE

AmpiFire, The New Content Amplification Engine

Content amplification is a multi-track tactic which employs the media space to publicize and circulate content. Amplifying content helps brands to intensify their reach while helping target audience make meaningful conversions.

AmpiFire is a pristine, one-of-a-kind Content Amplification Engine. Using AmpiFire, anyone can amplify their businesses, acquiring more coverage and buyer traffic online, by means of news networks, content editors, blogs and vast broadcasting outlets.

The budding software has already fostered exclusive relationships with foremost content platforms, news networks and important websites which individuals would ordinarily have to pay expensive fees or go through the strenuous process of getting permission from their administrators(what could take months to accomplish) to have their contents published. With AmpiFire, users can save cost and time that it would otherwise take to manually generate just a fraction these strong campaigns.

HERE is a DEMO of Ampifire.

As soon as a concise and easy to understand form is filled on the AmpiFire system (online), it generates content and distributes them on appropriate platforms online. An impressive feature about AmpiFire is its ability to create a wide variety of content and put them on platforms that are best suited for them. Regular Posts are sent to Traffic Blogs (that boast of massive traffic), Articles are created and put up on Conventional News Sites, Videos are distributed on YouTube & Vimeo, PowerPoint Presentations are shared on LinkedIn’s SlideShare, Audio Clips are exported to Recognized Podcast Indexes, engaging content are shared on Social Media Platforms Like Facebook & Twitter and Google News.

What do users get from AmpiFire?

With the effective “Digital Shout Out” from AmpiFire, users are exposed to a relentless stream of buyer traffic in the long run, essentially improving the rankings of their content/product or services. With AmpiFire, valuable keywords are placed in Google in about 36 hours.

When used for ecommerce, local & affiliate marketing business experts have labelled AmpiFire as an established $100,000/year business model.

Click HERE to know More details about ‘The $100k Shout Out’ program.

People’s Bank of China To Issue Cryptocurrency? Director Says ‘They’re Ready’!

PBoC, the People’s Bank of China has stated that its digital currency can now be considered ready. According to Mu Changchun, deputy director of the bank, a prototype that adopts blockchain architecture has developed successfully after five years of research.

His announcement, made at the China Finance 40 forum, was reported by local Shanghai Securities News on August 10.
Two-level operating system. According to the director, it would be difficult to issue a digital currency using pure blockchain architecture in a country as large as China, as retailers demand high competitive performance.

The digital currency will also adopt a two-level operating system to address “the complex economy of the country with a large territory and a large population”, with the PBoC at a higher level and commercial banks at a secondary level. According to Mu, this will improve accessibility, increase adoption rates among the public and foster innovation among commercial entities.

PBoC executive also mentions that the digital currency is designed to adapt to “high-frequency commercial scenarios for small-scale retail sales.” As reported by Cointelegraph on August 9, the PBoC planned to outperform the US libraries. UU. And Facebook by publishing a national cryptocurrency, while US politicians would curb the stability of the social network for regulatory reasons. However, despite Mu’s optimistic comments, it is difficult to know exactly when the Chinese digital currency will be launched.

North Korean Hackers Stole $2 Billion From Banks And Crypto Exchanges

North Korea spent $ 2 billion stolen from cryptocurrency and bank exchanges through hacker attacks to finance its weapons of mass destruction programs, states a recent report of the United Nations.

DPRK hackers with the help of attacks stole $ 2 billion from exchanges of cryptocurrencies and financial organizations. The funds were used to finance weapons of mass destruction programs. Every year, North Korean hackers use increasingly sophisticated methods to attack financial services, according to the United Nations (UN) report, writes Reuters.

Pyongyang continues to develop its nuclear and missile defense programs, although it has not carried out nuclear tests or intercontinental ballistic missile launches (ICBM), says the UN Security Council sanctions committee. Third-party experts participated in the preparation of the report.

According to the report’s authors, the DPRK “is using cyberspace to launch increasingly sophisticated attacks to steal funds from financial institutions and cryptocurrency exchanges to generate income.” In addition, through cryptocurrencies, North Korean authorities use hackers to launder stolen funds.

“Cyber ​​units of the Democratic People’s Republic of Korea, many of which are run by the Office of General Intelligence, are raising funds for weapons of mass destruction (ADM) programs, which are currently estimated at $ 2 billion in total “.

According to the report, there are “at least 35 registered cases in which the DPRK cyber units attacked financial institutions, crypto exchanges and mining farms to steal currencies.” Organizations in approximately 17 countries became victims.

The attacks by North Korean hackers in cryptocurrency exchanges allowed “to generate income in a way that is more difficult to track and are subject to less government supervision and regulation than the traditional banking sector.”

“We urge all responsible states to take measures to counter North Korea’s ability to perform malicious cyber activities that generate revenue and are used to finance its illegal programs to create ADM and ballistic missiles,” said a spokeswoman for the State Department of the United States when answering a question about a UN report.

Earnings Recap: Armada Hoffler Properties Inc. (NYSE: AHH)

VIRGINIA BEACH, Va., July 22, 2019 – Shares of Armada Hoffler Properties Inc. (NYSE: AHH) declined -0.95% to $16.69. The stock traded total volume of 267.602K shares higher than the average volume of 221.09K shares.

Armada Hoffler Properties Inc. (AHH) reported net income for the first quarter reduced to $6.50M contrast to $7.00M for the first quarter of 2018. The period-over-period change was mainly because of a $2.40M swing in the change in fair value of interest rate derivatives and a $1.50M increase in interest expense. This was partially offset by a $3.10M increase in interest income and a boost in property net operating income because of 2018 and 2019 property acquisitions and certain development projects coming online.

Normalized FFO for the first quarter increased to $18.50M contrast to $15.40M for the first quarter of 2018. FFO for the first quarter increased to $16.60M contrast to $16.30M for the first quarter of 2018. The period-over-period changes in Normalized FFO and FFO were positively influenced by property acquisitions, completion of development projects, and higher interest income. These increases in Normalized FFO and FFO were partially offset by increased interest expense.

Operating Performance:

At the end of the first quarter, the Company’s office, retail and multifamily core operating property portfolios were 94.9%, 96.1% and 97.2% occupied, respectively.

Total construction contract backlog was $160.90M at the end of the first quarter.

Balance Sheet and Financing Activity:

As of March 31, 2019, the Company had $744.10M of total debt outstanding, counting $91.00M outstanding under its revolving credit facility. Total debt outstanding excludes unamortized GAAP fair value adjustments and deferred financing costs. About 56.8% of the Company’s debt had fixed interest rates or was subject to interest rate swaps as of March 31, 2019. After considering LIBOR interest rate caps with strike prices at or below 250 basis points as of March 31, 2019, 97.1% of the Company’s debt was either fixed or hedged. There is no debt maturing during the remainder of 2019.

AHH has the market capitalization of $1.18B and its EPS growth ratio for the past five years was -7.20%. The return on assets ratio of the Company was 1.40% while its return on investment ratio stands at 3.30%. Price to sales ratio was 6.22 while 86.40% of the stock was owned by institutional investors.

Stock in the News: Santander Consumer USA Holdings Inc. (NYSE: SC)

DALLAS, July 11, 2019 – Shares of Santander Consumer USA Holdings Inc. (NYSE: SC) gained 0.32% to $25.42. The stock grabbed the investor’s attention and traded 1.553M shares as compared to its average daily volume of 1.11M shares. The stock’s institutional ownership stands at 32.70%.

Santander Consumer USA Holdings Inc. (SC) reported first-quarter profit of $247.50M. On a per-share basis, the Dallas-based company said it had profit of 70 cents. The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.

SC’s serviced for others portfolio of $8.70B as of Q1 2019 remained relatively flat as compared to the prior year quarter. Servicing fee income reduced 9 percent to $24.0M in Q1 2019, from $26.0M in Q1 2018, driven by the change in the composition of those balances. Fees, commissions and other increased from $85.0M in Q1 2018 to $94.0M in Q1 2019, driven by origination fees from the SBNA program.

Recorded net investment losses of $67.0M in Q1 2019, contrast to net investment losses of $87.0M in Q1 2018. The current period losses were mainly driven by held for sale accounting for SC’s personal lending portfolio.

SC has a market value of $8.77B while its EPS was booked as $2.56 in the last 12 months. The stock has 345.18M shares outstanding. In the profitability analysis, the company has gross profit margin of 62.00%. Beta value of the company was 1.00; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 2.40.

News Buzz: Horace Mann Educators Corporation (NYSE: HMN)

SPRINGFIELD, Ill., June 24, 2019 – Shares of Horace Mann Educators Corporation (NYSE: HMN) declined -0.57% to $41.53. The stock traded total volume of 314.503K shares higher than the average volume of 138.60K shares.

Horace Mann Educators Corp. (HMN) reported first-quarter net income of $32.20M. The Springfield, Illinois-based company said it had profit of 77 cents per share. Earnings, adjusted for investment gains, were 63 cents per share.

The provider of auto and homeowners’ insurance for teachers and other educators posted revenue of $313.20M in the period. Horace Mann anticipates full-year earnings in the range of $2 to $2.20 per share.

HMN has the market capitalization of $1.72B and its EPS growth ratio for the past five years was -30.30%. The return on assets ratio of the Company was 0.30% while its return on investment ratio stands at 2.00%. Price to sales ratio was 1.42.

Stock Buzz: Highwoods Properties Inc. (NYSE: HIW)

RALEIGH, N.C., June 24, 2019 – Shares of Highwoods Properties Inc. (NYSE: HIW) showed the bearish trend with a lower momentum of -1.49% to $43.50. The company traded total volume of 713.421K shares as contrast to its average volume of 564.37K shares. The company has a market value of $4.58B and about 105.27M shares outstanding.

Highwoods Properties Inc. (HIW) recently reported that it had funds from operations of $76.50M, or 72 cents per share, in the period. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 84 cents per share. Funds from operations are a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $7.30M, or 7 cents per share. The real estate investment trust posted revenue of $172.40M in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $181.50M.

The Company offered net profit margin of 20.20% while its gross profit margin was 65.80%. ROE was recorded as 6.60% while beta factor was 0.85. The stock, as of recent close, has shown the weekly downbeat performance of -1.65% which was maintained at 12.43% in this year.