CFTC Charges Crypto Exchange Debiex With Fraud and Misappropriation for Running ‘Online Romance’ Scam

The U.S. Commodity Futures Trading Commission (CFTC) says it is taking legal action against a “bogus” crypto exchange for allegedly defrauding investors using a pig-butchering scheme. Pig butchering is a type of romance scam that involves sending targeted victims unsolicited messages on social media, dating apps or through text messages to build relationships and gain …

China’s underground crypto market thrives despite harsh trading ban: WSJ

Despite Beijing’s 2021 ban on crypto trading, a thriving underground market reportedly continues to operate in China. The Wall Street Journal (WSJ) reported that investors circumvent the country’s stringent regulations through informal networks through VPNs, social media, and physical trading. China is one of the world’s most stringent regions for crypto trading. Authorities actively pursue …

91 days of historical profit-taking emerges in Bitcoin

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 …

Op-ed: Proof of Stake – Meet the new inequality, same as the old inequality?

The following is a guest post from John deVadoss. The promise of cryptoeconomics lies in its moon-shot ambition of creating new economic platforms, built on the aspirational ideas of decentralization and democratization and enabling inclusive and equitable governance models, thereby leveling the playing field for the common man. We are at a decisive fork in …

Crypto Whales Taking Advantage of Bitcoin, Ethereum and Chainlink Dips, According to Lookonchain

Crypto whales are buying up the correction in digital assets markets, according to blockchain tracking firm Lookonchain. Lookonchain says that as Ethereum dipped in price, a “smart whale” with a solid track record of profitable trades bought up the dip with over 3,600 ETH. “After the price of ETH dropped [on Friday], this smart whale …

Aggressive Bull Market Speculation on Ethereum Has Not Yet Begun, According to Analytics Firm Kaiko

Crypto analytics firm Kaiko says that speculative fervor on Ethereum (ETH) hasn’t yet kicked off, despite being well off its 2022 lows. In a new report, Kaiko says that Bitcoin has benefited from the hype surrounding the approval of BTC exchange-traded funds (ETFs) in the US, but that speculation on an Ethereum ETF has not …

Whale Abruptly Moves Nearly $400,000,000 in Bitcoin in a Single Transaction – Here’s Where the Crypto Is Going

A deep-pocketed investor is suddenly shifting hundreds of millions of dollars worth of Bitcoin (BTC) as the crypto king continues to consolidate. The blockchain-monitoring service Whale Alert initially spotted a single Bitcoin transaction to the tune of over $387.705 million. Whale Alert reports that an entity abruptly relocated 9,601 BTC from a wallet of unknown …

How Mash.com ignites online monetization with the Bitcoin Lightning Network

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 …

Analyst Warns Bitcoin Will Retrace Deep Enough To Convince Traders Bull Market Is Over – Here’s His Outlook

A closely followed crypto strategist believes that Bitcoin (BTC) will correct to a level that will make traders think a new bear market has begun. Pseudonymous analyst Rekt Capital tells his 388,600 followers on the social media platform X that he believes the Bitcoin bull market is far from over. But he thinks that Bitcoin …

US Bankruptcies Hit 13-Year High As ‘Bond King’ Jeffrey Gundlach Predicts Massive Recession Incoming

Corporate bankruptcies in the United States hit a 13-year high last year as companies struggled to stay afloat amid high interest rates and rising labor costs. New data from market intelligence firm S&P Global shows 2023 saw a total of 642 bankruptcy filings – the highest level since 2010 when there were 827 bankruptcy filings. …

Scammers Drain $20,000 From JPMorgan Chase Account As ‘Banking Loophole’ Leaves Customer Without Protection: Report

JPMorgan Chase says a customer in Utah will not be reimbursed after scammers ripped $20,000 from her account while she was on vacation. Kathryn England was in Florida when someone supposedly from the “fraud department” at Chase gave her a call, reports the NBC-affiliated news station KSL-TV. The man on the other end told England …

Under-the-Radar Altcoin Skyrockets by Nearly 210% After Teasing Launch of New Crypto Solution on Social Media

An under-the-radar altcoin skyrocketed by nearly 210% between Thursday and Friday this week after the project teased the launch of a new crypto solution. UMA is an optimistic oracle and dispute arbitration system that aims to serve as a “decentralized truth machine.” The 156th-ranked crypto asset by market cap was trading around $2.01 on Thursday …

Bitcoin Whale Carries Out Massive Sell-Off As BTC Price Suppression Continues

An anonymous Bitcoin whale may have triggered a massive sell-off panic in the crypto market recently. According to an X (formerly Twitter) post by Ali Martinez, the whale sold off a whopping 59,000 BTC totaling over $2.45 billion.  Bitcoin Whale Dumps 59,000 BTC In his X post, Martinez announced that a Bitcoin whale has initiated …

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