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A distributed ledger is a database with no central administrator that is maintained by a network of nodes. In permissionless distributed ledgers, anyone is able to join the network and operate a node. In permissioned distributed ledgers, the ability to operate a node is reserved for a pre-approved group of entities.
Cryptocurrency is a form of currency that exists solely in digital form. Cryptocurrency can be used to make near-instant overseas transfers and pay for purchases online without going through an intermediary, such as a bank, or it can be held as an investment.
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The future of cryptocurrency is filled with opportunities and challenges alike. By staying informed, diversifying your investments, and leveraging the advanced features of platforms like invest1now.com, you can navigate the complexities of the market with confidence. Remember, investing in cryptocurrency is not just about chasing profits—it’s about understanding a new paradigm in finance and embracing the technological revolution that is reshaping the world.
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Haliey Welch, the 22-year-old woman who achieved internet fame this summer for her viral “hawk tuah” TikTok video, launched her own memecoin in her latest bizarre career move, only for its value to plummet almost immediately.
Sean O’Driscoll is a Newsweek Senior Crime and Courts Reporter based in Ireland. His focus is reporting on U.S. law. He has covered human rights and extremism extensively. Sean joined Newsweek in 2023 and previously worked for The Guardian, The New York Times, BBC, Vice and others from the Middle East. He specialized in human rights issues in the Arabian Gulf and conducted a three-month investigation into labor rights abuses for The New York Times. He was previously based in New York for 10 years. He is a graduate of Dublin City University and is a qualified New York attorney and Irish solicitor. You can get in touch with Sean by emailing s.odriscoll@newsweek.com. Languages: English and French.
Named in the suit are: Tuah The Moon Foundation, which was used to handle money taken in from the sale of the meme coin, and the coin’s creator, OverHere Ltd and its executive, Clinton So and the meme coin’s Los Angeles-based promoter, Alex Larson Schultz.
“I am fully cooperating with and am committed to assisting the legal team representing the individuals impacted, as well as to help uncover the truth, hold the responsible parties accountable, and resolve this matter.
