Explaining the digital assets designed to limit volatility but attracting regulators’ attention Previous page You are on page 1 Next page
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Squid Game cryptocurrency rockets in valueChinese viewers slam 'copycat' Squid Game show
One key point to note about Safemoon crypto is that the developers haven’t really described any real-world use cases yet. The Safemoon protocol was hyped hugely by celebrities back in May, causing retail investors to jump on the bandwagon and push price higher. Following this, the price fell dramatically, leading many to claim that Safemoon was a ‘pump and dump’ scheme designed to make certain investors rich.
However, about 310 users suffered a more serious breach, including the release of their names, birthdays, and zip codes.
Get all the latest Bitcoin (BTC) news first. Bitcoin price analysis, expert opinion, exclusive articles and features all about the world’s most popular cryptocurrency brought to you from Coin Rivet’s team of international journalists…
Blocto, the NFT and crypto wallet has confirmed that the Dallas Mavericks owner and serial investor Mark Cuban has invested in the company.
On Thursday, Brooks made the announcement in a statement describing his new employer as an established leader in the digital asset industry, renowned for its sustained research and development efforts and best-in-class proprietary technologies.
As the popularity of cryptocurrencies such as Bitcoin explode, the Biden administration is laying the groundwork for heavier regulation, and that could spark a big fight in Congress. Cryptocurrency is at a crossroads. As its popularity explodes and bitcoin hovers near a record high, the Biden administration is laying the groundwork for heavier regulation. That could set up a fight in Congress. As NPR's David Gura reports, a small group of lawmakers is worried the U.S. could miss out on an opportunity to be a leader in a financial revolution.
A resolution published in the Official Gazette said the Central Bank will set rules for such currencies and determine how to license providers of related services within Cuba.
The decision by Tesla, and announced by Musk, was seen by some as a slight on the credibility of cryptos to become a viable method of payment against physical currencies.
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Litecoin was released in October 2011 by ex-Google employee Charlie Lee. Launched with the intention of being a cheaper version of Bitcoin for everyday purposes, Litecoin was formed in a ‘hard fork’ (split) of the Bitcoin Core client, the free and open-source software that underpins the cryptocurrency. Litecoin offers faster transaction times than Bitcoin and a greater supply – there are a potential 84 million Litecoin that can exist compared to Bitcoin’s 21 million. Bitcoin vs Ether vs Litecoin: Summary Table Bitcoin (BTC) Ether (ETH) Litecoin (LTC) Launched 2009 2015 2012 Market cap* $78.3 bn $13.6 bn $2 bn All-time high price per unit* $19,763 $1,432 $375 Transaction speed Slow Fast Slow Corporate users No JPMorgan Chase, Microsoft, CME Group, BNY Mellon No What Affects the Price of Cryptocurrencies?
New short-term investors who are selling their holdings in reaction to the drop may be influencing the continued dip in Bitcoin’s value, according to a recent report from Glassnode Insights, a blockchain analysis firm.
He added: "You’re simply reliant on someone further down the line being willing to pay more than you did to turn a profit, which is a risky bet indeed."
These token burns are designed to increase the scarcity of the token and push the value higher. Safemoon initially launched with a circulating supply of one quadrillion tokens (!!!), although the development team burned 223 trillion of these right away. Over 400 trillion tokens have been burned so far, with this figure continuing to grow as the months go by.