Last year, a California man pleaded guilty to a mining fraud of at least US$722 million through the BitClub Network. In February, a New York man pleaded guilty to running a Ponzi-like hedge crypto fund that stole about $90 million from more than 100 investors.
Whilst demonstrating a respectable return, especially for a meme token, SafeMoon has the potential to spike again in the future. With expert, or lucky, timing you may be able to catch another huge market spike and benefit from the volatility of the cryptocurrency market.
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For upcoming projects, DogeZilla is planning to launch an NFTs Invasion Series in early 2022.
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SafeMoon technically isn't a cryptocurrency but a DeFi token, according to its website.
The Best Crypto Courses of November 2021, for Investors Who Like a Guided Approach
Now that you're familiar with the basics of both Binance and Binance.US, let’s cover some specific topics that you’re interested in.
The SafeMoon crypto wallet has been drumming up excitement among users because the team has been adding support for more coins. SafeMoon’s Karony revealed that the wallet would see additional listings this week and asked his followers which coins they would like to see.
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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The Biden Administration Wants New Legislation to Regulate Stablecoins. Here’s What That Means for Investors
This follows the launch of new Bitcoin futures Exchange-Traded Funds (ETFs) in the form of ProShares Bitcoin Strategy ETF, as well as similar moves from Valkyrie and Van Eck.
Newly elected mayor Eric Adams says he'd like his first three paycheques in the cryptocurrency.
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Should the Metaverse ever come into existence, blockchain technology and decentralization must be at the core of this innovation. University of Cambridge to launch decentralized carbon credit marketplace on the Tezos blockchain