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Binance Experiencing Abnormal Price Movements

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Binance Exchange, is experiencing abnormal price movements on certain trading pairs. Binance announced through a tweet on its official page on Twitter. Involving assets such as $SUN, $ARDR, $OSMO, $FUN and $GLM were part of the trading pair affected.

However, CZ-Binance said;

Based on our investigations so far, this appears to be just market behavior. One guy deposited funds and started buying. (Hackers don’t deposit). Other guys followed. Can’t see linkage between the accounts. We temporarily locked withdrawals on some of the profiting accounts, which caused a lot of complaints on social media, all from different countries. We are aware of the concept of too much intervention from the platform, “too centralized” attacks, etc. There is a balance to how much we should intervene. Sometimes, these happen in free market, and we need to let it play out.

We can’t make everyone happy but take suitable action in order to protect the interest of users fund and also that of exchange. These “too centralized” people won’t say a word when things happen.

Binance wrote;

This activity does not appear to be due to compromised accounts or stolen API keys; funds are SAFU.

Relatively, CoinMamba made a claim about API discrepancies on Binance, whereby price action for concern Altcoins skyrocketed not corresponding with the current market value. What played out today might in someway be vindictive of CoinMamba’s claim.

According to Glassnode, someone sold 260,000 BTC worth over $4 Billion on the wake of price exploit on Binance. However, Bitcoin number of Addresses Holding 10+ Coins just reached a 23-month high of 153,286. Previous 23-month high of 153,266 was observed on 09 December 2022.

View Metric; on Glassnode Chart.

Binance Ban User’s Account After Complaining of API Theft

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Cryptocurrency Exchange Binance has closed a user account that complained about the exchange’s response to API theft claim.

Binance CEO Changpeng Zhao declared that the firm does not want to serve unreasonable customers. Twitter user CoinMamba started to take care of posts complaining about his lost assets on November 8.

The user claimed that the leaked API key associated with crypto trading company 3Commas was used to raise the price of low market cap coins and make a profit.

With the tweet series he shared, the investor said that Binance did not provide enough support.

CoinMamba wrote on Twitter;

Have talked to Binance support and so far they are refusing to do anything to help me with the situation, saying that is my fault. Not sure how the API was leaked, and whose fault is this.

Binance CEO also made an explanation on the subject in his posts on November 9. CZ declared that it is impossible to be secure as the users do not steal their API keys, and the transactions are made with the keys generated by him.

After the user continued to complain, CZ-Binance stated that he was considering putting the user’s account in “capture only” mode.

The CEO said they “didn’t want to serve unreasonable people.” Afterwards, the deleted post can be found as a screenshot in the same series.

In addition, the user’s account has also been closed and given three days to withdraw their assets.

CoinMamba tweeted, but Binance Customer Support says;

Your account was placed into withdrawal only mode. The decision was in response to threats you made to our CS, not related to our Twitter dialogue. We pulled together a team of over 20 case agents to try and help you. We are sorry it has come to this, but wish you all the best.

Axie Infinity (AXS) and WEMIX (WEMIX) Won’t Make You Rich But Snowfall Protocol (SNW) Will As Analysts Notice A Recent 250% Gain!

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Cryptocurrencies have had a wild ride over the past year or so. Some, like Axie Infinity (AXS) and WEMIX (WEMIX), have seen massive losses, while others, such as Snowfall Protocol (SNW), have seen even more impressive growth. Recently, analysts took notice of Snowfall Protocol’s (SNW) 250% gain and decided to take a closer look.

Insights On Innovative New Projects

The job of an analyst is to find innovative new projects and analyze them to determine their potential value. With that in mind, it’s easy to see why analysts have been drawn to Snowfall Protocol (SNW). The project has a unique compatibility model which allows blockchains to swap assets with each other. This is like a supermarket in cyberspace that enables trades to happen seamlessly and securely.

The prototype of the dAPP has been announced, giving analysts further confidence that Snowfall Protocol (SNW) is heading in the right direction. This progress shows that a 1000x increase could be on the horizon – making it an attractive investment opportunity for those who get in now. Stage 2 sold out one day early and stage 3 starts now, so take advantage of the opportunity while you can.

Presale: https://presale.snowfallprotocol.io

The price is now $0.095 but will continue to go up. Analysts all agree that selling your Axie Infinity (AXS) and WEMIX (WEMIX) would be the best move. Sometimes you have to cut your losses to avoid missing out on rare opportunities like this. Axie Infinity (AXS) and WEMIX (WEMIX) likely won’t recover and here’s why…

GameFi Is In Trouble: Axie Infinity (AXS) and WEMIX (WEMIX) Crumbles

Both Axie Infinity (AXS) and WEMIX (WEMIX) are GameFi platforms but are facing problems. Axie Infinity (AXS) has been accused as a platform that enabled digital colonialism and people have stopped playing the game. Axie Infinity (AXS) wasn’t that fun to play with from the start, it had too much of a focus on the finance and not the game experience.

South Korean courts have also demanded that WEMIX (WEMIX) be delisted from exchanges. This shows that the project is not secure. WEMIX (WEMIX) investors better sell their positions now because they won’t be able to recover from a delisting.

Conclusion

If Axie Infinity (AXS) and WEMIX (WEMIX) haven’t made you rich yet, don’t worry – Snowfall Protocol (SNW) could be your saving grace. With its impressive 250% gain since stage 2 sold out, it has the potential to make you a great return on investment. Smart investors know that it’s better to cut your losses and focus on opportunities with massive potential. Don’t miss out – join us in Snowfall Protocol (SNW) and start building wealth now!

 

Presale: https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

Big Eyes Coin, Chain & Solana – 3 Coins That Are Surging As The Crypto Market Gets Back On Track

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The anticipation for the 2023 crypto market is already high as the 2022 crypto market season draws to a conclusion. Analysts and crypto gurus have made contrasting projections for the crypto sector in 2023. While some may assume that the cryptocurrency market will continue to be uninterested in the future year, others are confident that it will recover and provide a more significant return than it did the year before. Nobody knows where the crypto market will lead us right now or in the near future; all we can do is hope that things will work out for us. Blockchain networks like Chain (XCN), Big Eyes Coin (BIG), and Solana (SOL) aim to make DeFi tasks more affordable.

Chain (XCN)  – An Innovative Source Of Off-Chain Data

In addition to NFT, blockchain APIs, blockchain-as-a-service, and crypto-as-a-service, Chain (XCN) is a network created for Web3 applications. The Chain (stylized as $XCN)  is powered by native and governance tokens. Voting for governance rights is done with the Chain (XCN) Token. Additionally, Chain (XCN) provides distributed cloud services to businesses worldwide. To reach the top 50 cryptocurrency list, The Chain Token (XCN) has continuously increased. A place that will be reached roughly in the fourth quarter of 2022.

Big Eyes Coin (BIG) Presale Continues To Be Successful

Big Eyes Coin (BIG) is a brand-new, community-driven meme money with the dual goals of preserving a crucial area of the global environment and redistributing wealth into the decentralized finance ecosystem. Midway through 2022, the emerging meme coin made its debut on the cryptocurrency market, and ever since, its uniqueness has generated a lot of internet discussion. Big Eyes Coin (BIG) is in the seventh phase of its presale and has raised $11.1 million.

In addition, the community tokens used in the blockchain network are recognized as a source of funding for charitable organizations. Big Eyes Coin (BIG) wants to use NFTs to provide access to events and content to build a self-replicating platform for hyper-growth. Big Eyes Coin (BIG) uses a cute cat with enormous pupils as its symbol to appeal to the “cute” market, which its creator claims are worth $1 billion. There is little doubt about the project’s potential, given the anticipation and buzz around Big Eyes Coin (BIG), especially when compared to projects like Chain(XCN) and Solana (SOL).

Solana (SOL) – A Sustainable Meme Coin

In the cryptocurrency sector, a decentralized open-source project called Solana (SOL) is recognized as one of the fastest. It was developed to give users a suitable atmosphere to develop different crypto-related projects. Solana’s (SOL) month has yet to get off to a good start, with the price action not looking promising after a considerable price decrease from over $35 to $11 due to the FTX incident, which has had a more immediate impact on the price. Despite the rise in SOL recovery, the price is still below the critical zone of interest, which would draw the attention of many purchasers.

How To Purchase The Big Eyes Coin (BIG) Tokens?

big eye

You can take part in the ongoing token sale for The Big Eyes Coin (BIG) to join the cryptocurrency project

  1. Access the presale platform through its official website.
  2. To finish the transfer and complete the purchase, you would need to connect your funded crypto wallet to the gateway.
  3. With BNB, ETH, or USDT tokens, you can purchase BIG tokens.

Currently, in the presale phase, the BIG tokens will shortly enter the public phase, which will increase the market value of the coins dramatically. These ideas would be carried out one catwalk at a time by a well-defined plan, a reliable workforce, and a caring community.

 

For more information on Big Eyes Coin (BIG), you can visit the following links:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

The Sandbox (SAND) and Decentraland (MANA) Pave The Way For Dogeliens (DOGET)

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The metaverse is a prominent sector of the crypto market. As a new way for users to earn and trade crypto, whilst building a virtual land, the metaverse has become more and more popular in recent years. Due to this, more crypto projects are ensuring to integrate the metaverse into their project, such as Dogeliens (DOGET). But, how have the main metaverse projects such as The Sandbox (SAND) and Decentraland (MANA) helped influence this?

The Sandbox (SAND)

The Sandbox is one of the most popular metaverse cryptocurrencies. Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual game that allows users to create, build, buy and sell digital assets.

According to its whitepaper, The Sandbox aims to integrate blockchain technology into mainstream gaming. With a play-to-earn model, The Sandbox became popular among gaming enthusiasts as they were able to play video games that provide a different experience, whilst earning money. The native token is SAND, which can be used to purchase digital assets.

Despite launching over a decade ago, The Sandbox is still extremely popular as the metaverse is continuing to expand and crypto users are embracing it. At the time of writing, SAND is currently ranked 49th by market capitalisation.

Decentraland (MANA)

Decentraland is similar to The Sandbox as it is another prominent market player in the metaverse sector. As a newer cryptocurrency, Decentraland launched in 2020 and saw big success quickly. At the time of writing, MANA is ranked 52nd by market capitalisation.

Powered by the Ethereum blockchain, Decentraland is a virtual reality platform that allows users to create and monetize content. Users can purchase plots of land that they can then build upon and begin monetizing. As one of the biggest metaverse crypto projects, Decentraland has had a big influence on the market.

Dogeliens (DOGET)

Dogeliens is a new crypto project that is set to launch by the end of 2023. Whilst it aims to embrace the metaverse and create an enjoyable platform, Dogeliens has taken a different approach to The Sandbox and Decentraland. Dogeliens is primarily a meme coin but has merged this with the metaverse. This is because Dogeliens wants to create a novel community of crypto enthusiasts as well as help educate users about cryptocurrency.

With its new style, Dogeliens stands out from other cryptocurrencies and has futuristic features to help shape the crypto market. Inspired by both, The Sandbox and Decentraland, Dogeliens seems as if it could have similar potential for long-term success. Additionally, the Dogeliens ecosystem will include various features including NFTs, a merch store, and much more! With the intent to create the best crypto project it possibly can, it seems as if different types of crypto users will be able to enjoy the Dogeliens platform.

It is always best to further your research before making any crypto-related decisions due to the unpredictability and volatility of the crypto market. No one can ever be certain of how well a cryptocurrency will do, so proceed with caution and remember to always do your own research. Happy trading!

 

Learn more about Dogeliens here: