A victim of a sophisticated banking scam says his bank is now charging interest on a line of credit that a con artist took out. James Mathelier says he received a call with the same caller-ID as his bank, the multi-billion dollar Bank of Montreal (BMO), reports CBC News. A scammer told the 63-year old …
Monthly archives: September 2023
Trader Says One Dogecoin (DOGE) Rival Could Easily Crash by Over 50%, Updates Outlook on Bitcoin Cash (BCH)
A widely followed crypto analyst is warning that one Dogecoin (DOGE) rival could suddenly collapse as the digital assets markets stagnate. Pseudonymous analyst Kaleo tells his 596,300 Twitter followers that Pepe (PEPE) could decline by more than 50% from its current value. The trader uses an inverse chart, which shows Pepe could suddenly decline in …
Stellar (XLM) Soars By 17% In A Single Week – Can Bulls Maintain Push To $1?
As the general crypto market experiences a slight gain in total market cap, Stellar (XLM) stands out with a substantial amount of price increase over the last week. According to data from CoinMarketCap, the XRP competitor is up by 17.61%, outperforming every other top 100 cryptocurrency in the past seven days. XLM To Reach $1? …
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Here’s Why Ethereum Price Barely Moved Following Ark’s ETF Application
The price of Ethereum seems to be back under the influence of the current market sentiment despite enjoying a relatively positive week. On Wednesday, September 6, Ark Invest filed for the first Ethereum spot exchange-traded fund (ETF) in the United States. This ETF application had a tame impact on the price of Ether, with the …
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Massive PEPE Token Dump: Whale Unloads 762 Billion At Loss As Price Wobbles
PEPE, the meme coin that has garnered a cult following in the cryptocurrency world, made headlines once again as an anonymous whale, rumored to go by the name “Alleged Mattfurie,” executed a huge transaction. According to a new PEPE price update, this enigmatic figure exchanged a staggering 726 billion PEPE tokens for approximately 345.7 Ethereum …
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Binance Coin Price Prediction: Will Correction Trend Push BNB Under $200?
Binance Coin (BNB) has experienced a notable setback, retracing from its overhead resistance for the third time in just two months. This downward trajectory has formed a falling wedge pattern, a technical indicator characterized by declining peaks and troughs confined within two converging trend lines. As of the latest data from CoinGecko, BNB is currently …
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Shiba Inu Tallies 77% Accumulation By Major Investors – Good For SHIB Price?
Shiba Inu (SHIB) seems to have hit a rough patch in recent times, as its price struggles to gain traction in the volatile crypto market. Investors who witnessed a major rally between mid-June and mid-August are now grappling with the harsh reality that these gains have been almost entirely wiped out. As we enter the …
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Vitalik Buterin’s X account hacked, draining $691K+ from victims: Report
Following the reported breach of Ethereum co-founder Vitalik Buterin’s X (formerly Twitter) account, victims suffered losses exceeding $691,000 due to a malicious link that falsely promoted a free NFT. News Join us on social networks Vitalik Buterin, co-founder of Ethereum (ETH) had his X (formerly Twitter) account compromised, which, according to social media reports, resulted …
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Coinbase CEO Says Lack of Clear Crypto Rules Has Caused ‘Terrible Things,’ Calls for Regulatory Clarity in US
The chief executive of top US-based crypto exchange Coinbase says that the lack of clear crypto guidelines in the US has caused multiple issues within the industry. In a new interview with CNBC, Coinbase CEO Brian Armstrong says that clear regulatory rules are needed for the US digital assets industry as it continues to burgeon. …
G20 calls for ‘swift’ creation of crypto tax reporting rules and info exchange
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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Rep. Tom Emmer says Gensler “abused his authority,” backs amendment to limit SEC’s crypto reach
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 …
NFTs and super brands: A deep dive into web3
In a world where technology evolves at lightning speed, it’s no surprise that the business landscape is constantly shifting. One of the latest and most talked-about developments is the rise of NFTs (Non-Fungible Tokens) and their integration into the strategies of “super brands.” To shed light on this topic, a panel discussion featuring experts from …
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Former JPMorgan Chase Executives Sentenced to Prison Over Market Manipulation Scheme That Triggered $10,000,000 in Losses
The U.S. Department of Justice (DOJ) says that two former JPMorgan Chase precious metals traders have been sentenced to prison for engaging in schemes to manipulate the market. In a press release, the DOJ says that ex-JPMorgan precious metal directors Gregg Smith and Michael Nowak rigged the markets by taking part in unlawful trading practices …
$100 Billion Exits US Banking System in Three Months As Kevin O’Leary Warns People Are ‘Very Nervous About Putting Their Money in the Bank’
Shark Tank’s Kevin O’Leary says the US banking system is set for a period of major consolidation after a loss of confidence in the financial sector. In a new Fox News interview, the venture capitalist says the number of regional banks in the US will likely drop by half in the coming years. “We have …
US Regulator Slaps Trading Firm With $1,700,000,000+ Penalty for Defrauding Thousands of 29,420 Bitcoin
The Commodities Trading Futures Commission (CFTC) is hitting a South African Bitcoin (BTC) trading and networking firm with a ban and a $1.7 billion penalty for defrauding investors. In a new press release, the CFTC announces a judge has ruled that Mirror Trading International Proprietary Limited (MTI) must pay over a billion dollars to compensate …