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SafeMoon LLC was a cryptocurrency and blockchain company created in March 2021. [2] The company created the SafeMoon token (SFM) which traded on the BNB Chain blockchain. [3] [4] [5] The token charged a 10% fee on transactions, with 5% redistributed (or reflected) to token holders and 5% directed to wallets in a different currency, Binance Coin (BNB), controlled by the coin's authors.
Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin, launched by the company Tether Limited Inc. in 2014. [3]As of August 1, 2024, it was reported that Tether has $118.4 billion in reserves, with excess reserves of $5.3 billion, after reporting a $1.3 billion profit in the second quarter of 2024, putting Tether at a profit of $5.2 ...
Binance Holdings Ltd., branded Binance, is a global [9] company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao , a developer who had previously created high-frequency trading software.
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In April 2019, Binance launched Binance Smart Chain, which has smart contract functionality and is an Ethereum competitor. In February 2018, Forbes placed him third on their list of "The Richest People In Cryptocurrency," with an estimated net worth of $1.1-2 billion. [14] [16] In 2019, Zhao launched Binance's U.S. affiliate, Binance.US. [17]
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An example paper printable bitcoin wallet consisting of one bitcoin address for receiving and the corresponding private key for spending. A cryptocurrency wallet is a device, [1] physical medium, [2] program or an online service which stores the public and/or private keys [3] for cryptocurrency transactions.
Bitcoin wallets were the first cryptocurrency wallets, enabling users to store the information necessary to transact bitcoins. [85][8]: ch. 1, glossary The first wallet program, simply named Bitcoin, and sometimes referred to as the Satoshi client, was released in 2009 by Nakamoto as open-source software. [7]