- May 9
- 2 min read

SafeMoon Lowdown (May 9th, 2022)

Updated: May 10

Mother's Day Love | SafeMoon Labs | MoonCast | Mandala Exchange | Crypto News

Crypto Insurance | The future of NFTs | SafeMoon Partner News | SafeMoon Stats Reminders

Mother's Day Love

"Happy #MothersDay to every mom out there! Just remember your doing a kickass job ❤️ Below is a clip of me seeing my mom after 2 years due to covid. 💞 Family is everything 💞"

"At the risk of embarrassing her, Happy Mother's Day to the best Mom out there! #MothersDay #cryptomoms #cryptocurrency @MandalaEx" - Joseph Reiben CEO of Mandala

SafeMoon Labs

To set a reminder for this Space, click here!

MoonCast

"A huge thank you to @JoeR_Mandala for coming on to this week's #MoonCast! I and the community really appreciate you providing your knowledge to us all. Excited about where this journey will take us! @MandalaEx +@SafeMoon = 10th May 2022, 2AM UTC"

Stay tuned for the transcript/highlights

Mandala Exchange

Many people are taking things that Mandala CEO Joe Reiben as a hint that Binance will be listing SafeMoon. However, as Discord senior moderator HughscL has stated below, "Mr. Adult was very clear regarding Binance. [It's] not happening, at least not any time soon."

"Which crypto project will get the most comments under this tweet?👇👀 We have a hint: 🌕🚀 Let's go🚀🚀"

Crypto News

Crypto Insurance

Last year Investopedia posted an article talking about cryptocurrency insurance opportunities arising through the industry.

The "Key Takeaways" from this article are:

Big cryptocurrency insurance industry opportunities may arise.
"Insurance for cryptocurrencies becomes important when you consider the instability of the cryptocurrency ecosystem."
"The skyrocketing valuation of bitcoin and other cryptocurrencies has resulted in massive thefts of online wallets and exchanges."
"Regulatory uncertainty and lack of oversight at cryptocurrency exchanges can further complicate matters for insurers interested in providing services to the industry."

View the full article

Now that we see this industry is expected and draws nearer to more growth a new question arises: Can you realistically insure decentralized cryptocurrency? Will crypto-insurance be centralized, decentralized, or both? In Cointelegragh's article, they touch on this subject a bit more.

The Future of NFTs

According to their website, Apollo Global Management is "one of the largest asset managers serving many of the world's most prominent investors." Recently, Apollo CEO Marc Rowan talked about the future of NFTs. Check out the video below!

"Apollo CEO ($500 billion AUM) on the potential of NFTs"

SafeMoon Partner News

Click the image below to view SafeMoon Education's Partner Page where you can find our partner's most recent news.

SafeMoon Stats

Swap Volume by Hydra

SafeMoon Glubiz

Reminders

SafeMoon Labs

New to blockchain? This week, Gandalf spoke about blockchain bridges! View the audio and accompanying article here. If you have further questions feel free to reach out to Gandalf.