Author: Urban

UrbanSeptember 13, 2018

3min1018
News of cryptocurrency investment fraud has hit the community again, as authorities of two U.S. states, Illinois and Arizona, have asked the Criminal Investigation Department (CID) in India to seize the property of several BitConnect promoters, per reports from the Times of India. BitConnect was an open-source cryptocurrency and an investment program accused of running a […]

UrbanSeptember 12, 2018

5min617
A U.S. District Judge in Brooklyn has delivered a landmark judgement with far-reaching implications for the initial coin offering (ICO) market. Judge Raymond Dearie of the U.S. District Court Eastern District of New York today ruled that U.S. securities laws cover ICO token sales. The ruling came in a case against a fraudulent ICO promoter […]

UrbanSeptember 12, 2018

3min851
Decentralized cryptocurrency trading platform AirSwap has announced a new partnership designed to aid in the tokenization of one of the Western Hemisphere’s most expensive real estate markets. That partnership, inked with FINRA-registered broker-dealer Propellr, will see the two firms use AirSwap’s peer-to-peer trading protocol to create a platform that allows brokers and their clients to tokenize […]

UrbanSeptember 12, 2018

13min1164
Shanghai police have taken OKEx founder and OKCoin CEO Star Xu into custody for voluntary questioning in relation to fraud alleged to have taken place in a relatively obscure crypto project called WFEEcoin. Local media reports that Xu’s possible connection to the project is being investigated. While Xu is allegedly a WFEE shareholder, he denies that his […]

UrbanSeptember 11, 2018

5min919
Despite scattered reports and fears about crypto’s potential use in facilitating terror activities, multiple bitcoin fundraising attempts have failed and cash remains substantially more useful to terrorists. This was the message delivered by Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance in a prepared testimony delivered to the House Financial Services Committee on […]

UrbanSeptember 11, 2018

3min1020
Despite the rise in control measures over cryptocurrency trading, observers are almost certain that Chinese investors will continually skirt the ban, which makes it nearly impossible for authorities to shut down trading entirely, per reports from the South China Morning Post (SCMP.) SCMP references an earlier story published on the Shanghai Securities Times which reported that trading […]

UrbanSeptember 11, 2018

14min1161
Mayonnaise brand Miracle Whip has taken a humorous poke at the crypto industry with a tongue-in-cheek tweet announcing its planned ICO — an “initial condiment offering” for a cryptocurrency called “Whipcoin.” View image on Twitter Miracle Whip ✔@MiracleWhip Thinking about an Initial Condiment Offering… What do our new #crypto friends think about #WhipCoin 5:54 PM – Sep […]

UrbanSeptember 10, 2018

3min699
Former BJP MLA Nalin Kotadiya has been arrested for an alleged involvement with the kidnapping syndicate of Shailesh Bhatt. The Accusation Kotadiya, who was fingered as an accomplice during the interrogation of Kirit Paladiya in May this year had evaded arrest until Sunday, September 09. His arrest by the Ahmedabad Crime Branch police from Maharashtra’s Dhuliya was […]

UrbanSeptember 10, 2018

12min670
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 down 11% this week – The priced surged to $7,200 early on Sunday and increased to $7,300, then $7,400, even as other cryptocurrencies […]


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