Top Crypto Binance Falls Under The Gavel As Ethereum And Big Eyes Coin Thrive
Cryptocurrencies have come into conflict with regulatory authorities quite a few times already, most recently in the form of the SEC’s extended battle with Ripple.And now, the SEC is going after yet another household name and top crypto brand Binance, and its CEO Changpeng Zhao.In other news from the crypto-verse, Ethereum receives a revolutionary update, and
Big Eyes Coin (BIG) countdowns to launch.
Big Eyes Coin Begins The Launch Countdown
Big Eyes Coin enters the scene as a promising meme coin cryptocurrency, drawing inspiration from anime art for its design and theme.Built on the secure Ethereum blockchain as an ERC-20 token, Big Eyes Coin offers both speed and enhanced security.Scheduled for launch on June 15th at a price of $0.0006 per token, this meme coin has much to offer.
With an eye on utility, Big Eyes Coin aims to redefine the meme coin experience by making it about so much more than memes.In late August, they will unveil a crypto casino hosting a staggering collection of over 4000 games, including numerous play-to-earn options.All activities within the casino will revolve around the $BIG token, enabling players to enjoy games, earn rewards, and contribute to the token’s trading cycle.
The listing on reputable exchange platforms, such as OKX DEX, Uniswap, and Poloneix CEX, further strengthens Big Eyes Coin’s presence in the crypto market.
Big Eyes Coin has a number of other features to hold it above the competition as well, like its NFT collection which comes with its own owners’ club called the NFT Sushi Club which offers unique and exclusive content for dedicated members of the community.
Another such feature is the charity wallet that is set up to relieve 5% of the token supply to be donated to ocean-saving charities around the world.Join Big Eyes Coin’s countdown to launch at the project’s
website, and sign up with your email to be added to the newsletter.
SEC Locks Horns With Binance
The SEC has taken legal action against Binance and its CEO, Changpeng Zhao, accusing them of mishandling billions of dollars and jeopardizing investors’ assets.The lawsuit alleges that Binance mixed customer funds and transferred them to a separate company controlled by the CEO, while also operating unregistered securities exchanges.This legal battle signifies a crucial moment for the crypto industry as a whole, given Binance’s significant influence in the trading ecosystem.
The SEC’s aggressive stance towards the crypto industry has resulted in several enforcement actions since 2022, signaling their commitment to regulate the market.The impact of these events reverberated across the industry, causing a decline in the value of Bitcoin and Binance’s native cryptocurrency, BNB.Amidst the turmoil, supporting independent journalism becomes increasingly vital to maintain press freedom in a changing landscape.
Ethereum Receives Revolutionary Shanghai Upgrade
Ethereum, a trailblazer in the crypto space, recently underwent its first major upgrade since transitioning to a proof-of-stake system—the Shanghai hard fork.
This upgrade grants validators the ability to withdraw their staked ether (ETH) previously locked within the network.With Ethereum Improvement Proposal-4895 and other substantial changes, developers and users benefit from increased functionality and reduced gas fees.
The Shanghai upgrade represents another milestone in Ethereum’s evolutionary journey, following previous upgrades such as Frontier, Homestead, Metropolis, Istanbul, Beacon Chain, Berlin, London, and Paris.By enhancing user flexibility and boosting institutional adoption, this upgrade instills trust and further solidifies Ethereum’s position in the market.Investors should remain vigilant of potential impacts on their investments and refer to available documentation for guidance.
The withdrawal limits established aim to mitigate any market price effects.
With the SEC’s crackdown on Binance, it’s worth making sure you’re investing in the right project, as even top coins are not impervious to lawsuits.Big Eyes Coin is completely audited and 100% secure, and because it’s a community-driven coin, 80% of the tokens are in the hands of users, preventing mismanagement.And with its upcoming P2E casino, the value of $BIG can only go up for the time being.Ethereum’s upgrade pumps much-needed fresh blood into the world’s second-biggest blockchain, which will also undoubtedly trickle down to Big Eyes Coin since it is an ERC-20 token.So, if you’d like to join the countdown to the BIG launch, go to the project’s website and register your email today.
Big Eyes Coin (BIG)
Website:
https://buy1.bigeyes.space/?source=analytics
Telegram:
Telegram: Contact @BIGEYESOFFICIAL
Instagram:
https://www.instagram.com/BigEyesCoin/
Twitter:
https://twitter.com/BigEyesCoin
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