Safemoon is one such smart contract-based token. It does not have its own blockchain; its supply is managed by a smart contract on Binance’s in-house blockchain.
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China announced in September that all cryptocurrency transactions in the country are illegal, effectively putting the brakes on any crypto-related activities within Chinese borders. In the U.S., things are less clear. Federal Reserve Chair Jerome Powell said recently that he has “no intention” of banning cryptocurrency in the U.S while Security and Exchange Commission Chairman Gary Gensler has consistently commented on both his own agency’s and the Commodity Futures Trading Commission’s role in policing the industry.
More and more cryptocurrencies are entering the market every day, each one offering a slightly different model to attempt to attract investors. One of the most intriguing cryptocurrencies launched this year is SafeMoon, which looks to take the DeFi world by storm.
This page doesn’t just track the latest prices of cryptocurrency though — it also has all the latest news about cryptocurrency that you can read in one place, so that you don’t just know what is happening with your investments, but also why, and can make intelligent and informed choices.
NEW YORK (AP) — An Australian man who pleaded guilty to securities fraud for cheating investors in his cryptocurrency fund of over $50 million was sentenced to over seven years in prison Wednesday by a judge who questioned the sincerity of his apology.
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The late 1990s and early 2000s saw the rise of more conventional digital finance intermediaries.
The image of two-year-old Chloe Clem making a disapproving face was auctioned in cryptocurrency.
Former Reserve Bank of India (RBI) deputy governor R Gandhi on Tuesday made a case for treating and regulating crypto as a separate asset class with a view to enabling governments around the world to effectively deal with illegal activities associated with virtual currencies.
Much like Dogecoin, it is cryptocurrency that was started off the back of an internet meme.
Disclaimer: Our articles are NOT financial advice, we are not financial advisors. All investments are your own decisions. Please conduct your own research and seek advice from a licensed financial advisor.
It hasn't yet been recognised by the major cryptocurrency sites such as Coinbase but why did it get so popular?
The official site of SafeMoon explains, “Holders acquire passive compensations through static reflection as they see their stability of SafeMoon develop inconclusively.” The steady RFI bonuses make this digital currency remarkable among others. It utilizes a manual burn-in technique instead of digital burn-in techniques to control the stock and empower a fulfilling and helpful burn methodology to the long-term members and achievers.
Brian Brooks, former Binance.US CEO and Comptroller of the Currency, has been appointed CEO of BitFury, a Bitcoin mining and crypto company.
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Following these, cryptocurrencies’ market capitalisation have surged over USD 3 trillion, Reuters reported CoinGecko. On the CoinMarketCap platform, cryptocurrency market capitalisation was slightly below USD 3 trillion, the Reuters report.