SafeMoon Pulse | SafeMoon Gaming: FIFA 23 Pro Volta | Career Postings Reminder | Blockchain Education: What is Cryptocurrency? | Community: Speculations - Images & Videos | Blockchain News: U.S. Home-Loan Banks - Bitcoin in Texas - Bank of Thailand - Crypto Technology's Impact | SafeMoon Stats | SafeMoon Partners: GroveCoin - Empire Token - Shido - Rhythm | Reminders
Each month, the SafeMoon Pulse offers a comprehensive overview of the previous month, including any updates or changes you may have missed. The latest issue of the SafeMoon Pulse is now available, covering all the important information from the month of December.
Whether you were busy enjoying the holiday season or simply missed some key details, be sure to check out our video coverage and in-depth article for all the information you need to stay informed.
The video is below or, if you prefer reading, you can access the Pulse article here.
SafeMoon Gaming: FIFA 23 Pro Volta
Unleash your competitive spirit with FIFA at 3pm MDT/ 5pm EST/ 10pm BST. Interested in joining? Hop into the SafeMoon Gaming Discord.
Career Postings Reminder
Just a friendly reminder, the deadline for the Site Reliability Engineer, C++ Software Engineer, and Sr. Full Stack Developer is February 10th and February 28th for the Blockchain Developer. All four positions are hybrid roles based in Vilnius, Lithuania.
Blockchain Education: What is Cryptocurrency?
Do your family and friends give you odd looks when you try to explain crypto to them?? Maybe we have all been there 😅 Cointelegraph has released a new video in their Crypto 101 YouTube series that helps answer the question, "what is cryptocurrency?"
The community are trying to interpret different SafeMoon images, such as the new banner on SafeMoon's Twitter. Crypto Atlas guessed, "#SafeMoon Galaxy?"
Danology added, "It's looking that way!"
SafeMoon Education Manager Cats responded, "Sun = Sol 😉"
Another image the community was looking at is the SafeMoon Wallet image on the AppStore. Stein Jakobsen speculated, "Hmmm 🤔 @safemoon hints about a date this year? 2023.04.29 on AppStore? 4 , 3 wifi, 2📶"
Cats responded, "Will confirm this photo has nothing more to it than the Meme of 32 😄"
Images & Videos
U.S. Home-Loan Banks Lent Billions of Dollars to Crypto Banks
The U.S. Federal Home Loan Banks System (FHLB) is lending billions of dollars to two major crypto banks to counter a surge in withdrawals, according to a Wall Street Journal report. The FHLB, a consortium of 11 regional banks that provide funds to other banks, lent nearly $10 billion to Signature Bank in Q4 2022 and at least $3.6 billion to Silvergate. Both banks had recently experienced significant outflows and needed to maintain cash liquidity. The FHLB has $1.1 trillion in assets and over 6,500 members. [Source: Cointelegraph]
Texas Lays Down Proposal To Allow Bitcoin as an Authorized State Investment
Texas has been a leader in blockchain and Bitcoin adoption and is a hub for Bitcoin mining companies. Despite skepticism from other states and countries, Texas has consistently supported the technology. The state has now released a report outlining a plan to expand the blockchain industry and allow Bitcoin as an authorized state investment. The report is aimed at ensuring a strategic statewide approach for the technology in Texas. [Source: Watcher Guru]
Bank of Thailand to Allow First Virtual Banks by 2025
The Bank of Thailand has announced plans to allow virtual banks to operate in the country for the first time, with applications set to be available in 2023. Financial firms will be able to provide services by 2025, as the central bank aims to increase competition and boost economic growth. The bank will issue three different licenses for interested companies by 2024, and regulations and supervision for virtual banks will be the same as traditional commercial banks. At least 10 parties are reportedly interested in obtaining permission to operate virtual banks under the licensing framework. [Source: Cointelegraph]
Crypto Technology’s Impact Goes Beyond Crypto Technology
Despite the ups and downs of the crypto market in 2022, it is important to focus on the potential impact that the continued development of crypto technology can have on the world. This includes spreading economic opportunity and empowering individuals, as well as rewiring finance and culture. The potential impact of crypto technology is often overlooked, and it can support innovation in other areas of development that extend well beyond blockchains, finance and culture. [Source: CoinDesk]
Food For Thought
"Do what you have to do, when you have to do it, and be relentless in your efforts. You'll get there."
"Some people dream of success, while others wake up and work. Time flies, good thing you're the pilot."
"You can change your location, meet new people, and still have the same old problems. To truly change your life, you need to look inward, get to know and love yourself, and heal the trauma and dense conditioning in your mind. This is how you get to the root. Internal chances have a significant external impact."
- Shared by Rob Schram
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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.
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.