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SafeMoon Lowdown (December 2nd, 2022)

Updated: Dec 3, 2022


SafeMoon Swap: Shido LP | Community Content: Thoughts - Images | Food for Thought | Blockchain News: DeFi Protocol Ankr Exploited for Over $5M - Web3 Antivirus: Putting an End to the Crypto Scam Era - Italy to Impose 26% Capital Gains Tax on Crypto Profits | SafeMoon Stats | SafeMoon Partners: Block Busters Tech - Cryft - Shido Finance - Glow Token - Mirror Protocol - Rare FND - EverGrow | Reminders

SafeMoon Swap: Shido LP

SafeMoon community member SafemoonJer asked Director of Sales and Partnerships Hayden Wing,

"Hey @SafeMoonWing, what’s going on with putting LP back into the #safemoon wallet for #shido? #ShidoFinance? That going to get done today or what ?"

Hayden replied,

"Hey @deathbcomesu, Thanks for checking in! The Shido team answered it perfectly, we are trying to connect all our team together to see where the issue lies. Once we are able to connect on Discord we will place our focus there. @ShidoFinance has killing it so they’ve been busy🔥"

He added,

"All in all we will get this taken care of💪"

Community Content


"Because it's never enough, a massive shout out to the amazing #SAFEMOONARMY for enduring through times like this and to remind everyone else what a tight community we are!

@CptHodl building heavily behind the scenes! #SAFEMOON

Can't wait for the future..."

- Paulo Miranda


"It's been a while, missed old posts like this"


Food For Thought

"Just because it's taking time, doesn't mean it's not happening."

- SafeMoon Syko

"Seeing your own improvement is one of the best feelings."

- Wealth Director

"The capacity to learn is a gift. The ability to learn is a skill. The willingness to learn is a choice. You don't know everything, so never stop learning, because life never stops teaching 😉 As always, #BeKind 💙"

- Holly

Blockchain News

DeFi Protocol Ankr Exploited for Over $5M

DeFi protocol Ankr, which called itself the first ‘node-as-a-service’ platform, has suffered a multi-million dollar exploit due to a bug in its code that allowed for unlimited minting of its token.

According to security research firm PeckShield, the code behind the Ankr contract allows any user to mint an unlimited amount of the protocol’s reward-bearing staking tokens without any sort of verification. This allowed the attacker to mint six quadrillion of the aBNBc token. [Source: CoinDesk]

Web3 Antivirus: Putting an End to the Crypto Scam Era

While Web3 is a landscape of endless opportunities, any prosperous field attracts its fair share of fraudsters. Smart contract and website forgery, malicious airdrops, phishing, compromised social media accounts and spamming are just a few of the dangers one might face. In Web3, it takes just one click to lose everything you own.

Alarmingly, more than $1.6 billion in crypto has gone missing in 2022 due to huge exploits in DeFi, far more than the heists of 2020 and 2021.

The Web3 Antivirus team decided that these situations shouldn’t have happened in the first place. On Dec. 1, 2022, it announced the launch of its top-notch solution aimed at keeping users’ assets safe.

Web3 Antivirus is a free open-source Chrome extension that empowers users to navigate and transact safely in Web3 with zero setup. It leverages both the capabilities of proprietary security audit frameworks and a base of millions of websites within blocklists and allowlists that it draws data from.

The tool currently works with Ethereum, while Binance and Solana support is on the way.

W3A will never require users to provide access to their wallet, assets or seed phrase, which makes it a truly reliable and trustworthy companion. [Source: CoinTelegraph]

Italy to Impose 26% Capital Gains Tax on Crypto Profits

Italy is planning to tighten regulations on digital currencies in 2023 by expanding its tax laws to include cryptocurrency trading, according to budget documentation released on Dec. 1.

Included in its 2023 budget are plans to impose a 26% levy on profits larger than 2,000 euros ( $2,062) made on cryptocurrency trading, according to Bloomberg. Historically, digital currencies have had lower tax rates because they have been considered “foreign currency.”

If the proposed bill is signed into law, taxpayers will have the option to declare the value of their digital asset holdings as of Jan. 1 and pay a 14% tax. This is intended to incentivize Italians to declare their digital assets on their tax returns.

According to Tripe A data, 2.3% of the Italian population, which equates to about roughly 1.3 million people, own crypto assets. By July 2022, it was estimated that about 57% of crypto users were male, while 43% of users were female, with most of its users belonging to the 28–38 age group. [Source: CoinTelegraph]

SafeMoon Stats

Have you voted today?


SafeMoon Partners

Block Busters Tech

"What an amazing day. #BlockbustersTech new Utah HQ. So much gratitude for all of our holders who believe in and understand the vision/mission of #BBTF We are building a company you can believe in."

- Troy Smothers



"📡#SafeMoonArmy and #Cryftopians Contract 370 is one small step for #Cryft, but also a giant leap for #Crypto.

Soon you will be #gifting any #token on any #tokenswap at any value.

WEN #BlueChip

Ladies and Gents... Contract 370" BSC Scan

- Cryft

Shido Finance

"Watch the latest Shido AMA at Nordic Whales! Much appreciated event with a great questions. Shido CEO going in depth on Utility, Decentralization and the future of Shido. Credit to @Nordic_Whales for hosting.

Watch full version on Shido Youtube Channel."

- Shido

"Wow! Shido Coin limited edition NFT of 444pcs sold out in just a few hours yesterday. The strength of Shido Community is impressive, we are very humbled. Big day for Shido! Massive bombs about to drop 🔥"

- Shido

Glow Token

"💝#Glownation our Glow December Charity Vote is up!