Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
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I can't wait for this old bastard to get kicked out of office not to mention he just might cancel this years bullrun but we'll see by july
Finance
Hugh Son@hugh_son
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Key Points
Oscar Wong | Moment | Getty Images
When Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to give Americans a new way to save money to help them cushion the ups and downs of life.
Instead, his company has inadvertently been a source of deep pain for thousands of customers who relied on Yotta accounts to receive paychecks, pay bills and save for emergencies.
The crisis began May 11, when a dispute between two of Yotta’s banking partners — fintech middleman Synapse and Tennessee-based Evolve Bank & Trust — led to the lockup of accounts at Yotta and at least two dozen other startups. Synapse declared bankruptcy earlier this year after several key clients abandoned the firm amid disagreements over the tracking of customer funds.
For the past three weeks, 85,000 Yotta customers with a combined $112 million in savings have been locked out of their accounts, Moelis told CNBC. The disruption had upended lives, forced users to borrow money for food and thrown upcoming events like surgeries or weddings into doubt, he said.
“The stories are heartbreaking,” Moelis said. “We never imagined something like this could happen. We worked with banks that are members of the FDIC. We never imagined a scenario like this could play out and that no regulator would step in and help.”
READ MORE --- https://www.cnbc.com/2024/06/01/synapse-bankruptcy-yotta-accounts-locked.html
Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’
Published Sat, Jun 1 20248:00 AM EDT
Hugh Son@hugh_son
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Key Points
- For three weeks, 85,000 Yotta customers with a combined $112 million in savings have been locked out of their accounts, CEO and co-founder Adam Moelis told CNBC.
- The disruption, caused by a dispute between fintech middleman Synapse and Tennessee-based Evolve Bank & Trust, has upended lives, Moelis said.
- “We never imagined a scenario like this could play out and that no regulator would step in and help,” he said.
Oscar Wong | Moment | Getty Images
When Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to give Americans a new way to save money to help them cushion the ups and downs of life.
Instead, his company has inadvertently been a source of deep pain for thousands of customers who relied on Yotta accounts to receive paychecks, pay bills and save for emergencies.
The crisis began May 11, when a dispute between two of Yotta’s banking partners — fintech middleman Synapse and Tennessee-based Evolve Bank & Trust — led to the lockup of accounts at Yotta and at least two dozen other startups. Synapse declared bankruptcy earlier this year after several key clients abandoned the firm amid disagreements over the tracking of customer funds.
For the past three weeks, 85,000 Yotta customers with a combined $112 million in savings have been locked out of their accounts, Moelis told CNBC. The disruption had upended lives, forced users to borrow money for food and thrown upcoming events like surgeries or weddings into doubt, he said.
“The stories are heartbreaking,” Moelis said. “We never imagined something like this could happen. We worked with banks that are members of the FDIC. We never imagined a scenario like this could play out and that no regulator would step in and help.”
READ MORE --- https://www.cnbc.com/2024/06/01/synapse-bankruptcy-yotta-accounts-locked.html
Notcoin could be the 2024 coin play
The post Notcoin Makes History With Exponential Rally, ETH Whales Bet on Algotech (ALGT) as Next Moonshot appeared first on Coinpedia Fintech News
The cryptocurrency market is buzzing as Notcoin makes history with an exponential rally, capturing the attention of investors and analysts. Ethereum whales are now eyeing Algotech (ALGT) as the next big opportunity, attracted by its innovative solutions and potential for high returns.
Algotech’s unique technology and strategic partnerships have positioned it as a promising player in the market.
In this article, we will explore Notcoin’s recent surge, the rise of Algotech, and what these developments mean for the future of cryptocurrency.
Notcoin, a viral Telegram game token, has seen a notable price increase in the past 24 hours. Trading at $0.02586, it surged over 23%, according to CoinMarketCap. Notcoin‘s market cap now stands at approximately $2.66 billion, securing its #45 rank among cryptocurrencies.
Despite a 51.27% decrease in 24-hour trading volume, totalling around $2.11 billion, Notcoin’s trading volume remains 7th, surpassing Solana and Binance. The price has rallied from $0.005 to above $0.026, indicating strong bullish momentum and investor confidence.
Notcoin surged over 190% in the past week, reaching an all-time high of $0.02644 on June 2. Integrated as a Telegram Mini App, Notcoin rapidly gained popularity, amassing over 30 million users on Telegram within two months. Since its launch, Notcoin’s price has increased by over 144%, making it the most trending altcoin.
Social media buzz has been a key driver behind Notcoin’s rally. Within two weeks of its launch, Notcoin became the second-most mentioned cryptocurrency on various platforms, highlighting the crypto community’s growing interest and adoption.
Ethereum recorded a blistering 4% surge over the weekend, reaching a daily peak of $3,839 on June 3, putting bears at increased liquidation risk amid a shrinking ETH supply.
Following a 30% price upswing driven by Ethereum ETF approvals, many ETH holders entered a profit-taking frenzy in late May, reducing monthly gains to 24%. However, as the sell-the-news wave subsides, ETH markets have begun to attract buying momentum in June.
Within the first three days of June, ETH price increased by 3.7%, potentially setting the pace for the rest of the month. While the official launch of the Ethereum ETFs remains uncertain, Ethereum continues to seek the next demand surge. On-chain data indicates a shrinking supply of ETH across exchanges, putting bulls back in control.
Image Source: Notcoin
Notcoin, the Telegram-linked play-to-earn coin that launched in may have taken the crypto world by storm. Over the weekend, the coin rallied to its current ATH of $0.02836, which amounts to a 360.98% increase in the past 10 days. With a 254.40% increase in the last 7 days, Notcoin is currently outperforming the global crypto market which is down by -1.10%
The massive gain of Notcoin has made it hard to ignore. The coin has had a massive run over the weekend, a move that ranks among the best ever by any altcoin. Despite the run, the price of Notcoin has dropped 27% from its all-time-high, but is still within the bullish range, leaving a clear indication that more price surges might be underway.
coinpedia.org
The post Notcoin Makes History With Exponential Rally, ETH Whales Bet on Algotech (ALGT) as Next Moonshot appeared first on Coinpedia Fintech News
The cryptocurrency market is buzzing as Notcoin makes history with an exponential rally, capturing the attention of investors and analysts. Ethereum whales are now eyeing Algotech (ALGT) as the next big opportunity, attracted by its innovative solutions and potential for high returns.
Algotech’s unique technology and strategic partnerships have positioned it as a promising player in the market.
In this article, we will explore Notcoin’s recent surge, the rise of Algotech, and what these developments mean for the future of cryptocurrency.
Notcoin makes history with Exponential rally: Future Potential and Market Impact
Notcoin, a viral Telegram game token, has seen a notable price increase in the past 24 hours. Trading at $0.02586, it surged over 23%, according to CoinMarketCap. Notcoin‘s market cap now stands at approximately $2.66 billion, securing its #45 rank among cryptocurrencies.
Despite a 51.27% decrease in 24-hour trading volume, totalling around $2.11 billion, Notcoin’s trading volume remains 7th, surpassing Solana and Binance. The price has rallied from $0.005 to above $0.026, indicating strong bullish momentum and investor confidence.
Notcoin’s rapid popularity and Market impact
Notcoin surged over 190% in the past week, reaching an all-time high of $0.02644 on June 2. Integrated as a Telegram Mini App, Notcoin rapidly gained popularity, amassing over 30 million users on Telegram within two months. Since its launch, Notcoin’s price has increased by over 144%, making it the most trending altcoin.
Social media buzz has been a key driver behind Notcoin’s rally. Within two weeks of its launch, Notcoin became the second-most mentioned cryptocurrency on various platforms, highlighting the crypto community’s growing interest and adoption.
Ethereum surges amid shrinking supply and ETF speculation
Ethereum recorded a blistering 4% surge over the weekend, reaching a daily peak of $3,839 on June 3, putting bears at increased liquidation risk amid a shrinking ETH supply.
Following a 30% price upswing driven by Ethereum ETF approvals, many ETH holders entered a profit-taking frenzy in late May, reducing monthly gains to 24%. However, as the sell-the-news wave subsides, ETH markets have begun to attract buying momentum in June.
Within the first three days of June, ETH price increased by 3.7%, potentially setting the pace for the rest of the month. While the official launch of the Ethereum ETFs remains uncertain, Ethereum continues to seek the next demand surge. On-chain data indicates a shrinking supply of ETH across exchanges, putting bulls back in control.
Notcoin’s Unprecedented Price Surge, A Pull Back, And The Prospect For More
Notcoin, the Telegram-linked play-to-earn coin that launched in may have taken the crypto world by storm. Over the weekend, the coin rallied to its current ATH of $0.02836, which amounts to a 360.98% increase in the past 10 days. With a 254.40% increase in the last 7 days, Notcoin is currently outperforming the global crypto market which is down by -1.10%
The massive gain of Notcoin has made it hard to ignore. The coin has had a massive run over the weekend, a move that ranks among the best ever by any altcoin. Despite the run, the price of Notcoin has dropped 27% from its all-time-high, but is still within the bullish range, leaving a clear indication that more price surges might be underway.
Algotech and Notcoin: The Underdogs Challenging Bitcoin and Ethereum
Discover the potential of Algotech and Notcoin in the crypto market. Learn how these underdogs are gaining attention and competing with Bitcoin and Ethereum.
coinpedia.org
Did anyone get in waffles on solana? I'm up UP lol.
Recently got into a Token called $Panda
It's the native token of the Panda Swap App which is similar to Uniswap, Pancake Swap etc BUT for the Solana Blockchain only. It's been out 2 1/2 months and if it does a QUARTER of what other native tokens of Pancake Swap/Uniswap did, I'm paid
Supply: 1 Billion
Market Cap: 4.7 million
Blockchain: Solana
pandaswapsol.io
It's the native token of the Panda Swap App which is similar to Uniswap, Pancake Swap etc BUT for the Solana Blockchain only. It's been out 2 1/2 months and if it does a QUARTER of what other native tokens of Pancake Swap/Uniswap did, I'm paid
Supply: 1 Billion
Market Cap: 4.7 million
Blockchain: Solana
$PANDA - Solana Utility Token
PANDA is crafted to enrich the Solana ecosystem through encouraging transactions and active participation by introducing a dynamic token framework.
pandaswapsol.io
Some of the replies...
"worst part is that the cult is so bad they would prolly gaslight the dude for not believing enough"
"crypto jesus turns water into urine"
"If you can't tell where the yield is coming from, YOU ARE THE YIELD."
As I said earlier in this thread, over the past three years, most of the alt coins have bled against bitcoin. If I’m not mistaken, the only token that’s in the top 100 to reach an all-time high since 2020 is BNB. No other token that was around in 2020 bull run that’s in the top 100 has hit a new all-time high. Please correct me if I’m wrong. Most alt coins in the top 200 are down anywhere between 60 and 90%.
True .....But alt season has not arrived yet !
Crypto Scammers Are Targeting Trump’s MAGA Supporters
After Donald Trump’s campaign announced it would accept cryptocurrency, the operators of a host of fraudulent websites have sought to hustle his supporters.
Last month, former president and convicted felon Donald Trump announced that his campaign would accept donations in cryptocurrency. In the weeks that followed, the cybercrime detection firm Netcraft found dozens of scam websites seeking to target Trump supporters and swindle them out of their crypto, according to a report shared exclusively with WIRED
I didn't donate to Trump but I've been getting calls asking if I changed my number on my email and needed to confirm who I am to keep my account open . The only problem with that is they tried to connect through my Coinbase account without me realizing it was the Coinbase verification process. I almost got took .Crypto Scammers Are Targeting Trump’s MAGA Supporters
After Donald Trump’s campaign announced it would accept cryptocurrency, the operators of a host of fraudulent websites have sought to hustle his supporters.
Last month, former president and convicted felon Donald Trump announced that his campaign would accept donations in cryptocurrency. In the weeks that followed, the cybercrime detection firm Netcraft found dozens of scam websites seeking to target Trump supporters and swindle them out of their crypto, according to a report shared exclusively with WIRED
The scammers assume from their antics on TV that MAGA adherents are easy marks for sophisticated crypto transactions. In their haste to support him they'll make take shortcuts, or simple mistakes and leave themselves/their wallets vulnerable to exploit.
GREAT time to buy!!!!
Take advantage
Take advantage
Inside a Violent Gang's Ruthless Crypto-Stealing Home Invasion Spree
More than a dozen men threatened, assaulted, tortured, or kidnapped 11 victims in likely the worst-ever crypto-focused serial extortion case of its kind in the US.
Bogus Utility Workers Accused of Draining Zip-Tied Retiree’s Crypto at Gunpoint
The pair allegedly threatened to cut the retiree’s genitals off as they drained his Coinbase account of $156,853 in crypto.
www.thedailybeast.com
Elderly N.C. couple was held hostage in their home and robbed of $156,000 in cryptocurrency
Arrest warrants were issued Thursday for Jarod Gabriel Seemungal and Remy Ra St. Felix, two of the three men involved.
www.nbcnews.com
Federal documents reveal new details about Durham couple held hostage
Police said two men dressed as construction workers entered the home, pulled out guns and restrained the 76-year-olds with zip ties.
Minutes Network Token
minutesnetworktoken.io
Minutes Network Token
Minutes Network operates in the $13.25B international telecommunications market as the lowest-cost international carrier, ensuring exceptional call quality through proprietary, next-generation technologies. Minutes Network Token (MNT) creates a new, scalable, exclusive sharing economy using the...
minutesnetworktoken.io
Leader of crypto currency cocaine gang who made £2.8m ordered to pay £1
One of the cocaine dealing gang was found with a pair of trainers worth £10,000
Crime gang laundered £4.6m of cocaine money in cryptocurrency
Joshua Billingham, 26, from Caerphilly, and Amir Khan, 30, from Cardiff played leading roles in the operation which involved 12 people at various levels
Cryptocurrency: 11 members of £5m drugs gang jailed
A judge told gang leader Amir Khan his criminality was "truly staggering".
www.bbc.com
‘Crypto King’ arrest: Ontario police fear more victims in ‘massive’ fraud case | Globalnews.ca
Durham Regional Police fear there are more victims involved in a 'massive' fraud case allegedly linked to Ontario's self-declared 'Crypto King.'globalnews.ca
'Crypto King' solicited investments as recently as February: police
Officers held a press conference to share details on Project Swan, which detailed the investigation into Aiden Pleterski, the Crypto King.toronto.citynews.ca
Private jets, exotic cars, luxury vacations: Inside the life of Ontario’s ‘Crypto King’
Court documents show Aiden Pleterski, 25, was arrested May 2 and charged with fraud over $5,000 and laundering the proceeds of crime.www.thestar.com
Let me guess. He used social media to post his exotic car collection, homes, vacation pics, clothes, etc. To lure in unsuspecting investors with the promise of living like him? People need to wise up to these type scams. I live by a simple rule. Never trust anyone on social media who promote their lifestyle more than their business. Can't tell you how many pages I have been on with business links to buy their "product" but never much about said product. Just buy this and live like me..lol.
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6ix9ine Offers Meet & Greet To Fans Who Buy His ‘Dummy Coin’ Cryptocurrency - HipHopDX
Tekashi has been dealing with a number of legal troubles of late.
hiphopdx.com
Another shit coin on a shitty network
KRAZY KAMALA
KRAZY KAMALA price today, KAMALA to USD live price, marketcap and chart | CoinMarketCap
The live KRAZY KAMALA price today is $0.003358 USD with a 24-hour trading volume of $456,673.07 USD. We update our KAMALA to USD price in real-time.
coinmarketcap.com
KRAZY KAMALA price today, KAMALA to USD live price, marketcap and chart | CoinMarketCap
The live KRAZY KAMALA price today is $0.003358 USD with a 24-hour trading volume of $456,673.07 USD. We update our KAMALA to USD price in real-time.
coinmarketcap.com
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