CryptocurrenciesAsia crypto sector stays confident despite China regulatory curbs
Before coming to POLITICO, Caitlin worked on the social desk for ABC News’ D.C. Bureau, where she used social media to monitor coverage areas, curated images and videos for broadcasts, pitched and reported out stories and collaborated on breaking news.
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Transactions are internet-based and are recorded in a blockchain. The blockchain shows the transaction history for each unit and is used to prove ownership. The digital assets are best visualized as virtual tokens. These tokens mean something to the internal system and can be programmed to record financial transactions and other valuable information.
CryptoTV by CoinSwitch Kuber | Kavita Gupta, Founder - Delta Blockchain Fund, FINTECH.TV
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Cryptocurrency Prices Today: Bitcoin and Ethereum fall, Dogecoin sheds 4%Amitabh Bachchan's exclusive NFT collection auctioned for over Rs 7 croreElon Musk hails Dogecoin as ‘people’s crypto’Cryptocurrency prices today: Shiba Inu surges 20%, Dogecoin gains 17%What are meme coins, floki currencies and Dogecoin-killers?
But one of these sessions caused SafeMoon’s price to plummet by more than 50 per cent.
The SafeMoon Protocol is a community driven, fair launched DeFi Token. Three simple functions occur during each trade: Reflection, LP Acquisition, & Burn.
Meanwhile, Cardano (ADA) prices are fluctuating around $2.37 (£1.75) in a 16% increase on the last 24 hours, XRP Ripple was up 2.39% at $1.27 (£0.937129) and Solana at $244.80 (£180.39) as of 2.50pm on Tuesday.
The coin's tokenomics show that the team is building a platform that rewards investors handsomely. First, the token is a hyper-deflationary payment network token, which rewards investors for holding tokens in BNB. For every transaction, 12% is charged, only 3% of the collected tax goes to marketing. The 4% is awarded to the token holders in BNB. It is this active income from the rewards, which is paid every 60 minutes, that is attracting most Safemoon members and thousands of other investors.
Users can buy SafeMoon by setting up a crypto wallet on the Binance Chain Network and add Binance (BNB) coins to your account.
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Crypto coins use the process of mining and the resulting blockchain as a physical measure of the currency. This is similar to how Reserve Banks used to have gold reserves that backed their fiat currencies.
Musk’s decision signifies a sharp u-turn for Tesla who only started accepting Bitcoin as payment for its services in February 2021.
All the products have been listed on the roadmap, and the team is following it strictly. The first product upon the launch and listing of the token on the CoinMarketCap was the Bitrise Audits and Techrate Audit, and the team delivered as promised. The programs were released, and august has been a game-changer in audits. They offer free audits to blockading and smart contracts, and hundreds have used them so far.
SafeMoon’s Facebook page states: “Remember, getting to the moon takes time and the longer you hold the more tokens you pick up.”