Home News Bitcoin Binance Ripple Ethereum Cardano Dogecoin DeFi NFT ETFs Price Predictions Bitcoin Ethereum Cardano XRP Dogecoin Litecoin Bitcoin Cash Chainlink Ethereum Classic VeChain Tron EOS CRO Algoraland Zcash Holochain Zilliqa Digibyte Dent KIN MATIC WRX SHIB UNI DOT BNB SUSHI AAVE CAKE ENJ WINK Solana Learn Crypto 101 Crypto Wallets Crypto Investing Crypto Mining Regulation Research Scams Technology Blockchain Gaming Metaverse Brian Brooks employed as BitFury CEO.Brooks short journey with Binance exchange.Brooks assures he’d last longer at BitFury than at Binance.
These are just two of the crypto coins challenging the dominance of Safemoon, and some like Bitrise are putting up a very tough competition to Safemoon based on the products offered, among many other features. From the powerful wallet to the exchanges, among many other products, the coin is one of toughest Safemoon competitors.
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According to an article in yesterday’s New York Times (NYT), Brian Brooks departed the CEO position at Binance.US when a $100 million venture capital funding fell through. He’d been in the position for just over three months.
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The SafeMoon price climbed 46,533% from the launch to peak at $0.00001399 on April 20th before falling back down to its original value of $00000361 by May 2nd, when it rebounded once again.
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Bitcoin (BTC) is the preeminent cryptocurrency and the first to be used widely. However, hundreds of cryptocurrencies exist, and more spring into being every month.
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According to a tweet from the official SafeMoon Twitter account, the problems affected all three wallet products. Namely, the website buy and swap function, the Android wallet, and its iOS counterpart.
Dogecoin, founded in 2012 as a joke, has drawn widespread attention from high-profile personalities such as billionaire entrepreneur Elon Musk and rapper Snoop Dogg.
Unlike other cryptocurrencies, SafeMoon claims it will reward people who buy its token and hold on to it rather than trade - for which there are penalties in place.
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But first, a word of warning: buying cryptocurrencies and decentralised finance tokens as well as stocks and shares is a risky business.
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The price of Bitcoin was £48,199.49 after the latest drop in prices (11 November), according to Coinbase.
Even after falling back from its latest all-time high price, Bitcoin’s current price still represents a big upswing from the low $40,000 range seen in September.