SafeMoon Newsletter | Scam Awareness | Ranking | Community Content | Blockchain News: Banking and crypto malware BUSD Peg problems - Binance admits Coinbase Global Job cut results in most of Japan's crypto services shutting down | Food For Thought | SafeMoon Stats | SafeMoon Stats | SafeMoon Partners: Shido | EverGrow | GroveCoin | R33LZ | ONE Immortl | Reminders
SafeMoon reminded everyone to subscribe to the SafeMoon Newsletter.
Have you joined the #SAFEMOON Newsletter yet? Your path to updates, The Captain's Log, exclusive behind-the-scenes content & more from #SAFEMOON! Subscribe to Excitement now: safemoon.com/newsletter.
SafeMoon community member, Danology pointed out that the official SafeMoon Twitter account added new emojis: 📩⏳.
⚠️Below is a screenshot of yet another account claiming to be official SafeMoon support.
Remember to be careful of the many SafeMoon impersonating scam accounts out there. SafeMoon does not have a SafeMoon support account on any social media platform. Please help us in keeping our community safe by reporting this account. 🙏💙
According to TradeDog, SafeMoon is one of the top BNB Chain projects with highest bullish sentiment!
SafeMoon is on another one of TradeDog's charts, this time for "most mentioned BNB Chain projects - Last 24 hours."
Images & Videos
German regulator warns of new banking and crypto malware ‘Godfather’
The German Federal Financial Supervisory Authority (BaFin) has issued a warning about the "Godfather" malware, which targets banking and cryptocurrency apps and is capable of stealing login data by displaying fake versions of legitimate websites.
The malware has been observed targeting approximately 400 apps, including approximately 110 cryptocurrency exchanges and 94 cryptocurrency wallets. BaFin is warning consumers to be cautious when using these types of apps and to take measures to protect their personal data. [Source: Cointelegraph]
Binance Admits to Problems With Its BUSD Peg
On Tuesday, Binance, the leading cryptocurrency exchange, acknowledged defects in its system that resulted in a shortage of collateral for Binance Smart Chain BUSD, one of its stablecoins, which is supposed to be fully backed by the US dollar. The shortage is estimated to be at least $1 billion. Experts indicate that this issue caused the value of BUSD to deviate from its target value at least three times. [Source: Decrypt]
Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally
In an interview with Bloomberg on Wednesday, Nana Murugesan, Vice President for Business Development and International at Coinbase, announced that the cryptocurrency exchange is shutting down most of its operations in Japan.
He stated that Coinbase is ending the majority of its activities in Japan, resulting in the dismissal of most of the employees in its Japanese entity. Coinbase had partnered with Mitsubishi UFJ Financial Group Inc. to launch a crypto exchange in Japan in 2021. Murugesan added that the company is finalizing its talks with Japan's Financial Services Agency (FSA) and a small number of employees will remain in Japan to safeguard customer assets. [Source: Coinbase]
Food For Thought
"A positive attitude gives you power over your circumstances instead of your circumstances having power over you. Always find time for the things that make you happy 😉 Smile today and as always, #BeKind 💙"
"Often when we say 'I don't know where to start' what we actually mean is: I'm scared to start."
Have you voted today?
P.S. just do yourself a favor and go checkout the medium, you wont regret it!"
Are you interested in becoming a Token Partner?
To apply, simply visit SafeMoon.com/apply.
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Recent Captain's Logs
SafeMoon CEO John Karony talks about SafeMoon's Centralized Exchange
(CEX) progress in the Captain's Log video below.
CEO John Karony gave a quick update on the SafeMoon blockchain explaining a bit about the chosen consensus mechanism and release expectations.
SafeMoon Pulse: November Recap
SafeMoon's monthly Pulse article and video are live!
Token Monetization Innovation (TMI)
SafeMoon has released a new patent pending feature designed to improve the user experience on it's DEX (Decentralized Exchange - SafeMoon SWaP) labeling the feature TMI (Token Monetization Innovation).
TMI aims to improve transparency and transaction predictability by charging the exchange fees upfront in the native token and using smart contracts to ensure transparency in token liquidity pairings. It also aims to expand the availability of web3 and enable additional community partnerships with meaningful projects.
SafeMoon made the announcement in a Tweet and shared the SafeMoon Newsletter Captain's Log.
Attention pSafeMoon holders ONLY. SafeMoon Tweeted,
"The pSFM Migration Campaign is now LIVE! If you held pSafeMoon before December 19th 11am EST, you can now migrate your tokens with our easy migration tool. *If you do not hold the pSafeMoon token you may dismiss this message."
Only use the official dApp link on the SafeMoon Website.⚠️
Have the tokens you want to use for migration in your wallet.
Don't transfer after the cutoff date/time
Have a small amount of ETH for gas fees
Tokens acquired in wallets after the cutoff date/time won't be eligible
Am I eligible?
- Moving forward, the partnership with pTokens will be coming to a natural end. The pSafeMoon Token will no longer be supported except through this Migration Program dApp.
- If you acquired pSafeMoon prior to Monday, December 19th at 9AM MST (GMT-7) please initiate a migration to SFM V2 as soon as possible.
- Liquidity for the pSafeMoon Token has been removed, and any tokens acquired through any means after Monday, December 19th at 9AM MST (GMT-7) will not be redeemable for SafeMoon V2 tokens.
- In order to assist the pSafeMoon holders in this migration, a secure and user-friendly procedure has been put in place. This process will remain live for a minimum of six months.