Author: Urban

UrbanJuly 28, 2018

5min677
At a Congressional hearing earlier this year, a key member affirmed his intention “to not sit by idly” while the cryptocurrency investors remain unprotected. That congressman, Rep. Bill Huizenga (R-MI), has once again called Congress for oversight of what he believes is a “muddled and fairly opaque” cryptocurrency market. A contender to lead the House […]

UrbanJuly 28, 2018

5min1075
Kim Dotcom has embarked on a project to create its own cryptocurrency that will enable direct monetisation by content creators rather than depending on third parties and intermediaries. The digital publishing industry is confronted with the outcry of fraud and poor remuneration for publishers among other vices. The bulk of these problems are blamed on the opaque […]

UrbanJuly 28, 2018

4min715
Circle Internet Financial has hired Benedicte Nolens, a former Goldman Sachs executive director, as its new head of global regulatory affairs and head of compliance for Europe and Asia operations, as the company expands into global crypto securities trading, according to Business Insider. Benedicte Nolens | Source: LinkedIn Nolens brings significant regulatory experience, joining Circle directly from the Hong […]

UrbanJuly 27, 2018

5min1091
According to Samsung, the $290 billion behemoth which dominates every major industry in South Korea, smartphones are the safest device to use when transacting using cryptocurrency Smartphones Over Laptops Smartphone wallets such as Blockchain and Jaxx are the go-to applications the majority of cryptocurrency users utilize to send and receive payments with digital assets. Joel […]

UrbanJuly 27, 2018

5min1583
Within hours that the SEC announced that it has rejected a proposed bitcoin ETF submitted by the Winklevoss Twins, the bitcoin price dipped below the $8,000 mark and is now currently teetering back and forth across that psychologically-significant level. On the breaking ETF announcement earlier today. About the ETF The announcement comes after the SEC reviewed the application a […]

UrbanJuly 27, 2018
Hightlights-1.jpg

3min4483
The bitcoin price careened back toward $8,000 on Thursday after the U.S. Securities and Exchange Commission (SEC) rejected the Winklevoss twins’ second attempt to create a bitcoin ETF and list it on a regulated stock exchange. The bitcoin price had entered the evening trading at approximately $8,300, a mark it managed to hold until shortly after 20:30 […]

UrbanJuly 26, 2018

6min2415
The United States Commodity Futures Trading Commission (CFTC) Commissioner J. Christopher Giancarlo has stated that the agency’s primary remit is not to exercise regulatory jurisdiction over cryptocurrency trading markets and other cash markets, but to deal with fraud and compliance in large futures markets. He made this comment while responding to a question from Rep. […]

UrbanJuly 26, 2018

5min1120
The cryptocurrency industry has been highly anticipating the debut of a bitcoin exchange-traded fund (ETF) by the end of 2018. But, some analysts believe it will not arrive until next year. Potential Impact of a Bitcoin ETF As a publicly-traded instrument, a bitcoin ETF has the ability to open a floodgate of capital from retail traders and […]

UrbanJuly 26, 2018

4min864
The stellar price reached a two-month high on Wednesday evening as it soared by well over 10% on major exchanges to reach a value of $0.33 on Bitfinex. Although there did not seem to be any particular news today to trigger this spike, the cryptocurrency — more accurately referred to as lumens (XLM) — has […]

UrbanJuly 25, 2018

10min689
Enthusiasm for blockchain technology in businesses and organizations continues to gather steam, with global spending on blockchain solutions expected to rise almost tenfold between 2018 and 2022. According to market research firm International Data Corporation, the global expenditure on blockchain is expected to grow at a compound annual growth rate of 73.2% to reach a figure of […]


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