Binance Coin (BNB) And Hex (HEX) Turn Red ‒ Should You Buy Them?
The fall of FTX rattled the cryptocurrency market, which lost billions of dollars and fell below $1 trillion.
Binance Coin (BNB) tokens were affected by the FTX collapse, causing a major price decline in the last few days. Hex (HEX) is swimming in red lines after the SEC issued a subpoena on influencers advertising the coin.
Compare this with The Hideaways (HDWY) which is super bullish throughout its presale.
FTX Hacker Swaps Binance Coins Into ETH And BUSD
The exploiter behind the FTX network’s recent attacks changed around $7.4 million BNB tokens into Ethereum (ETH) and Binance USD (BUSD). The BNB and BUSD coins are the foundation of BNB Chain, a blockchain network closely associated with the Binance cryptocurrency exchange.
10,000 BNB tokens were exchanged into 2,000 ETH, valued at more than $2.4 million at the present rate, while 19,714 BNB was exchanged into $5 million in BUSD in different transactions.
It is unclear why the attacker is converting the stolen funds and converting them to ETH and BUSD. Authorities haven’t identified the hack.
But experts are keen this is another ploy to break into other networks, particularly the Binance network.
SEC Slams Influencers: “Stop Promoting Hex!”
Things appear to be difficult for Hex (HEX). This week, the HEX price has dropped 7.65%. As a result, the current HEX trading price has fallen to $0.0285, far from its monthly high of $0.0491.
This is partly because the SEC issued a subpoena on influencers to stop promoting HEX.
The SEC slammed influencers and celebrities who promoted dangerous cryptos without revealing that they were compensated for doing so. For example, Kim Kardashian was fined $1.26 million last month for advertising Ethereum Max.
It’s safe to say that you shouldn’t get involved in risky cryptocurrencies like HEX to avoid getting tangled with the SEC.
Looking For A Safe Investment? Try The Hideaways!
Forget about Binance Coin (BNB) and Hex (HEX)! Focus your attention on a fresh crypto project with more promising benefits.
The Hideaways (HDWY) can make you a luxury property owner with a starting investment of only $100! If you buy HDWY, the native token of the network, for its presale price: of $0.072, you won’t have to spend much!
But Why Should You Invest In The Hideaways?
- The Hideaway’s liquidity is locked for 999 years, securing a bullish run.
- The project isn’t fully launched, so your investment could grow more after its presale!
- Experts predict that HDWY tokens will reach $1 in 2023.
- Improve your ROI without dealing with complicated processes!
- Enjoy exclusive benefits by being a member of Club Hideaways.
As an HDWY owner, you won’t have to worry about scams and crypto frauds. The project is authenticated by SolidProof, auditing HDWY smart contracts to ensure there’s no chance of getting hacked.
Start your crypto journey by investing in a token that won’t fail you. Choose HDWY!
Website: https://www.thehideaways.io/
Presale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
The post Binance Coin (BNB) And Hex (HEX) Turn Red ‒ Should You Buy Them? appeared first on Analytics Insight.
The fall of FTX rattled the cryptocurrency market, which lost billions of dollars and fell below $1 trillion.
Binance Coin (BNB) tokens were affected by the FTX collapse, causing a major price decline in the last few days. Hex (HEX) is swimming in red lines after the SEC issued a subpoena on influencers advertising the coin.
Compare this with The Hideaways (HDWY) which is super bullish throughout its presale.
FTX Hacker Swaps Binance Coins Into ETH And BUSD
The exploiter behind the FTX network’s recent attacks changed around $7.4 million BNB tokens into Ethereum (ETH) and Binance USD (BUSD). The BNB and BUSD coins are the foundation of BNB Chain, a blockchain network closely associated with the Binance cryptocurrency exchange.
10,000 BNB tokens were exchanged into 2,000 ETH, valued at more than $2.4 million at the present rate, while 19,714 BNB was exchanged into $5 million in BUSD in different transactions.
It is unclear why the attacker is converting the stolen funds and converting them to ETH and BUSD. Authorities haven’t identified the hack.
But experts are keen this is another ploy to break into other networks, particularly the Binance network.
SEC Slams Influencers: “Stop Promoting Hex!”
Things appear to be difficult for Hex (HEX). This week, the HEX price has dropped 7.65%. As a result, the current HEX trading price has fallen to $0.0285, far from its monthly high of $0.0491.
This is partly because the SEC issued a subpoena on influencers to stop promoting HEX.
The SEC slammed influencers and celebrities who promoted dangerous cryptos without revealing that they were compensated for doing so. For example, Kim Kardashian was fined $1.26 million last month for advertising Ethereum Max.
It’s safe to say that you shouldn’t get involved in risky cryptocurrencies like HEX to avoid getting tangled with the SEC.
Looking For A Safe Investment? Try The Hideaways!
Forget about Binance Coin (BNB) and Hex (HEX)! Focus your attention on a fresh crypto project with more promising benefits.
The Hideaways (HDWY) can make you a luxury property owner with a starting investment of only $100! If you buy HDWY, the native token of the network, for its presale price: of $0.072, you won’t have to spend much!
But Why Should You Invest In The Hideaways?
- The Hideaway’s liquidity is locked for 999 years, securing a bullish run.
- The project isn’t fully launched, so your investment could grow more after its presale!
- Experts predict that HDWY tokens will reach $1 in 2023.
- Improve your ROI without dealing with complicated processes!
- Enjoy exclusive benefits by being a member of Club Hideaways.
As an HDWY owner, you won’t have to worry about scams and crypto frauds. The project is authenticated by SolidProof, auditing HDWY smart contracts to ensure there’s no chance of getting hacked.
Start your crypto journey by investing in a token that won’t fail you. Choose HDWY!
Website: https://www.thehideaways.io/
Presale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
The post Binance Coin (BNB) And Hex (HEX) Turn Red ‒ Should You Buy Them? appeared first on Analytics Insight.
Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.