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Bears think tech earnings aren't sustainable but fundamentals are strong: Wedbush Securities' Ives Subscribe to BNN Bloomberg Newsletters BNN Bloomberg Personalities Weekly Guest Schedule Channel Guide Contact Us Privacy Policy Political Ad Registry Terms & Conditions FAQ FP CryptoDecoded: Join us at our free crypto and blockchain events. FP CryptoDecoded: Join us at our free crypto and blockchain events. Register now> Share this Story: After 19,000% early gain, crypto SafeMoon’s rules to tamp down selling raise red flags Copy Link Email Facebook Twitter Reddit Pinterest LinkedIn Tumblr NewsFP EnergyFP FinanceFP InvestorFP EconomyFP WorkFP CommentNewslettersBusiness EssentialsMoneyWise CanadaRefer a Friend This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. Breadcrumb Trail Links FP Finance Cryptocurrency After 19,000% early gain, crypto SafeMoon’s rules to tamp down selling raise red flags SafeMoon charges a 10% fee to buy tokens and another 10% to sell — almost unheard of in digital currency world Jul 22, 2021 • July 22, 2021 • 6 minute read • Join the conversation SafeMoon calls itself a DeFi token, or one that uses decentralized finance to govern functions through software, but it has a chief executive officer and chief operating officer. Photo by SafeMoon Article content

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Regulation across borders has to keep up with the rapidly advancing pace of cryptocurrency development. Due to the decentralized nature of cryptocurrencies, this is a complex matter, with international disagreement ranging from the legitimacy of currency status, or even whether they should be made illegal.
Cryptocurrencies are wholly digital, so there’s no physical coin or bill connected to the crypto you own. Instead, owners hold cryptocurrency in a digital wallet, and buy or sell through an online exchange. Your wallet may be online (some popular exchanges like Coinbase offer an in-app wallet) or stored offline on a hardware device similar to a USB drive. .

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A blockchain is spread across many computers that manages and records transactions.

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However, as the BBC reported, it was criticised for not allowing people to resell their tokens.

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Like many other meme-based altcoins, Safemoon is a very high-risk investment. If you’re game, read on and find out how to buy Safemoon tokens of your own.

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Despite the flurry of activity and popularity around emerging alt and meme coins like Shiba Inu coin, market analysts have said that fears over rising inflation are seeing traders shore up support in Bitcoin and major cryptocurrencies.

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    Since its inception, Binance has quickly become the largest cryptocurrency exchange in the world. Binance is primarily known for its low fees and large amounts of liquidity. The exchange currently offers more than 500 cryptocurrencies and over 1,200 trading pairs. This certainly makes it an attractive place to trade as crypto investors can have their pick of almost any digital asset they wish to trade.
    A hardware "cold" wallet for safely storing and using your crypto. Meant as a better replacement with more features than competitors, and military grade encryption.

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    Cryptocurrency developers build these protocols on advanced mathematics and computer engineering principles that render them virtually impossible to break, and thus to duplicate or counterfeit the protected currencies.

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Cryptocurrencies are seen as an alternative to traditional banking methods, cheaper to move money around due to not being regulated by the government or its banks.

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Brits are being warned they risk losing all of their money if they invest in bitcoin and other cryptocurrencies.

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Bitfury has appointed former Binance US boss Brian Brooks as CEO. Former financial regulators are in control of one of the world’s largest crypto mining outfits when the industry is booming.

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Brooks was acting comptroller when he exited the OCC in January. He joined the agency as chief operating officer in March 2020, and was nominated in November by President Donald Trump to serve a full five-year term as comptroller, but for that term to take effect would have required full Senate confirmation.

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