Chase and BofA Should Have Flagged Massive Bank Transfers in $800,000 Scam, Says Victim’s Daughter

JPMorgan Chase and Bank of America are defending their fraud prevention systems after a 76 year-old man lost his life savings of $800,000. Washington resident Bogdan Nalivaiko sold his home and placed nearly a million dollars in the bank when he was targeted by scammers, reports Fox 13 Seattle. According to Nalivaiko’s daughter, Julia Elders, …

Celsius creditors allege Wintermute facilitated ‘wash trading’: Report

It was alleged that Celsius executives engaged Wintermute to conduct wash trading to “fraudulently” manipulate trading volumes on the Celsius platform. News Join us on social networks Creditors of bankrupt cryptocurrency lending platform Celsius have alleged that crypto market maker, Wintermute, assisted Celsius executives in manipulating the price of CEL (CEL) through the use of …

FTX Sues Investment Firm To Recover $700 Million Splurged By SBF

FTX has sued K5 Global to recover the $700 million invested in it by former CEO Sam Bankman-Fried.  Bankman-Fried transferred vast sums of money from his trading firm to K5 and other related ventures in 2022.  The investment reportedly allowed the disgraced FTX founder to gain access to politicians and celebrities in the United States.  …

Class Action Lawsuit Accuses Wintermute Of Helping Mashinsky Dupe Celsius Users

A class action lawsuit filed by Celsius investors has been amended to include crypto market maker Wintermute Trading.  The lawsuit accused Wintermute of aiding CEO Alex Mashinsky in duping Celsius investors.  The defunct crypto lender’s investors have claimed that the market maker engaged in wash trading to inflate CEL’s value.  A class action lawsuit filed …

Gods Unchained launches on Epic Games Store, GODS Spikes 50%

Gods Unchained, a blockchain card trading game developed by Immutable Studio, has launched on Epic Games Store (EGS). Following this launch, GODS, the native token of the Gods Unchained ecosystem, has rallied 50% from June 2023 lows, expanding in line with the broader cryptocurrency markets spearheaded by Bitcoin, which is currently trading above $31,000. Gods …

Bitcoin Just Gained Over 18% In Seven Days: What’s Happened When This Has Occurred In The Past?

By the completion of its daily candle on Wednesday, Bitcoin had gained over 18% in just seven consecutive sessions, abruptly ending the steady drift lower which had dominated its price action since Bitcoin put in its mid-April high above 30,000. How unusual is this magnitude gain in only a week’s time, and what’s happened in …

Mask Foundation Moves 2.5 Million Tokens To Exchanges, Huge Dip Incoming?

In the volatile and unpredictable world of cryptocurrencies, major transactions often signal impending market movements. Recently, Lookonchain, an on-chain analytics firm, reported a substantial transfer of MASK tokens, initiated by the Mask Network Foundation. According to their findings, the foundation moved nearly 3 million MASK tokens out of its wallets, an event that could potentially …

Crypto Analyst Predicts: Bitcoin (BTC) To Reach $69,000 And Above In 2023

As the world of crypto continues to evolve, traders and analysts are closely monitoring the Bitcoin (BTC) charts for clues about future price movements. Among them, the popular analyst known as Credible Crypto has shared his insights, predicting a new all-time high for Bitcoin by 2023. The prognosis relies on the assumption of a continuing …

Bitcoin Future Hangs In The Balance: What To Expect In The Coming Weeks

Bitcoin, the leading cryptocurrency by market capitalization, seems to have entered a phase of consolidation above the $30,000 mark following a notable surge of over 10% on Tuesday.  While the price movement has generated a lot of interest among investors, it remains uncertain whether Bitcoin will maintain its upward momentum or experience a pullback in …

Enterprise Blockchain Altcoin VeChain (VET) Leaps 15% After Coinbase Announcement

An enterprise-solution-focused blockchain has jumped 15% in the last 24 hours on the news of being added to Coinbase’s roadmap. Yesterday, Coinbase Assets announced the additions of VeChain (VET) and VeThor (VTHO) to its listing roadmap. “Assets added to the roadmap today: VeChain (VET) and VeThor (VTHO).” VET is worth $0.0188 at time of writing, up 15% …

ECB official labels crypto as ‘deleterious’ with ‘no societal benefits’ in scathing speech

According to Fabio Panetta, the volatility of crypto and aspects of blockchain technology made digital assets only suitable for gambling. News Join us on social networks Fabio Panetta, an executive board member of the European Central Bank (ECB), has suggested a dark future for cryptocurrencies, in which the digital assets may be used for little …

Belgian Regulator Orders Binance To Cease All Crypto Services

Belgium’s Financial Services and Markets Authority has ordered Binance to cease its operations in the country.  The regulator has taken issue with the exchange offering crypto services from non-EEA countries.  The FSMA has indicated that the crypto exchange may have to face criminal charges for its actions.  The exchange has been asked to return all …

Coinbase adds support for USDC on Stellar

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

JP Morgan starts offering euro transfers with JPM Coin payment system

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

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