SafeMoon, launched in March 2021, was designed to reward long-term holders with a 10% transaction fee. In November 2023, the SEC charged SafeMoon with fraud, leading to Chapter 7 bankruptcy in December. As of November 2024, SafeMoon is defunct and holds no value. Investors should research thoroughly before investing in cryptocurrencies.What is SafeMoon?SafeMoon was a cryptocurrency launched in March 2021. It operated on the Binance Smart Chain (BSC) and was part of the decentralized finance (...

In the rapidly evolving world of cryptocurrency, Binance Coin (BNB) stands out as a significant player. Launched in 2017 by the Binance exchange, BNB has grown from a simple utility token to a multifaceted cryptocurrency with a wide range of applications. As the native token of the Binance ecosystem, BNB plays a crucial role in facilitating transactions, reducing fees, and powering various services within the platform. With the increasing adoption of blockchain technology and the expansion of...