Author: Urban

UrbanSeptember 16, 2018

4min731
A new study has concluded that hard forks are a threat to the adoption of cryptocurrencies. This is because splits in the blockchain of a particular cryptocurrency tend to lead to the erosion of trust. Additionally, such splits reduce user’s confidence in the capacity of the affected cryptocurrency to continue thriving as a medium of exchange. Interestingly, […]

UrbanSeptember 16, 2018

15min1084
Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, YouTube or wherever you get your podcasts. Price Watch: Bitcoin is up 5.46% this week to $6,500 after a somewhat tumultuous week. On Monday, we reported that despite Bitcoin’s price […]

UrbanSeptember 15, 2018

3min642
Cryptic Labs, a commercial blockchain research lab has announced the addition of two Economics Nobel Prize winners to its team. Dr. Eric S. Maskin and Sir Christopher Pissarides will provide their unique insights on incentive mechanisms, game theory and macro-economic policies to its Economics Advisory Board. Research Portfolios and New Roles Dr. Maskin, the Adams […]

UrbanSeptember 15, 2018

4min741
Abra, a mobile cryptocurrency investing app, has added native bitcoin cash (BCH) support, allowing users to deposit and withdraw BCH directly, Abra announced on its website. Anyone who held BCH in Abra previously can now withdraw it to a hardware wallet or use it to make a payment on a merchant site. The app also makes […]

UrbanSeptember 15, 2018

8min710
Much has been made in recent days about how Gemini dollar (GUSD), a USD-pegged stablecoin created by the Winklevoss-founded Gemini cryptocurrency exchange, can help regularize cryptocurrency as a mainstream asset class. However, decentralization hardliners may be dismayed by the details of this grand bargain. GUSD Smart Contract Gives Gemini Broad Control Writing on tech publication Good Audience, blockchain […]

UrbanSeptember 14, 2018

4min776
On September 11, photographs of Star Xu, the founder and CEO of OK Group, the parent company of crypto exchange OKEx, being investigated by Shanghai police circulated around online cryptocurrency communities. CNLedger, a trusted news source in the Chinese cryptocurrency community, reported that Xu was investigated by police officers in Shanghai after investors submitted complaints […]

UrbanSeptember 14, 2018

3min935
Defunct bitcoin exchange Mt. Gox has opened up its online rehabilitation claim filing system to corporate creditors who were holding cryptocurrency funds on the platform when it went belly up in 2014. Mt. Gox rehabilitation trustee Nobuaki Kobayashi made the announcement in a document dated Sept. 12 and published on the Tokyo-based bitcoin exchange operator’s website. According […]

UrbanSeptember 13, 2018

3min716
Giant cryptocurrency exchange, Huobi has acquired a majority stake in Japan-based BitTrade in a move that is aimed at significantly scaling the trading platform and giving it greater global recognition. Now based in Singapore, Huobi was originally founded in China in 2013 and has over the years grown beyond borders into a number of nations that include […]

UrbanSeptember 13, 2018

5min691
The crypto market has demonstrated a short-term corrective rally in the past 24 hours, after major assets like Ethereum showed strong oversold conditions. ETH, the native cryptocurrency of the Ethereum blockchain network, has been on an intensified downtrend since June, performing especially poorly against Bitcoin. On September 13, ETH has shown resilience in the sub-$200 […]


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