SafeMoon Lowdown (June 7th, 2022)


MoonCast Transcript and Video | SafeMoon CEO | SafeMoon Community

SafeMoon Ranking | Crypto News | US Crypto Bill Introduced | SEC Binance Investigation

SafeMoon Partners | SafeMoon Stats | Reminders



MoonCast Transcript and Video

Mooncast is back and as always with the help of our transcribers, we have timestamped the video and added the transcript.

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A special thank you to our transcribers Kerr (@KH40750578) & Sir_Burns (@SirBurnsTheWise)!

We are so grateful for your help!

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🎧 The audio of this MoonCast is also available on SafeMoon's Educational Podcast. Click the button below to listen

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SafeMoon CEO

There were some new updates, upgrades, evolutions announced at@Apple’s #WWDC22 that #SAFEMOON can definitely use. It’s great when one ecosystem evolves, which then helps other ecosystems evolve as well, which then helps other…etc. #SAFEMOON32 #SAFEMOONGALAXY PS, do not speculate on this.

- SafeMoon CEO John Karony


SafeMoon CEO John Karony also popped in on Twitter just to say hello to the community. 💚

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"Hey there #SAFEMOONARMY! #SAFEMOON #SAFEMOON32" - John

"Hello it’s early for you 👀 what’s the occasion"

- SafeMoon Community member, Thomas O'mailey 🫣

"The sun doesn't set on the blockchain industry. It's worldwide." - John

And then in Discord. 3️⃣2️⃣

"I think I need to follow 32 people. It seems fitting." - John


SafeMoon Community


"#SAFEMOON I'm a goofball, I enjoy making people laugh and smile. Part of the reason is because I struggle with my own mental health on a day to day basis. Never be afraid to reach out for help, even if you think it doesn't matter, reach out. #SAFEMOONARMY #MentalHealthMatters

-@GlennHasABeard


 

SafeMoon community member Safemoon_Hippie shared with everyone the SafeMoon branded card he ordered. This is so cool. Thanks for sharing, Hippie. 🙏💚


"Well here are my cards I just ordered ! #SAFEMOONARMY"

- @Safemoon_Hippie


 
"There will come a time when some will realize that all the discussions and thoughts about FUD were not worth paying attention to ❌ Our time is precious, use it to spread positive vibes and be happy - because that's what counts 🤗 Patience is the key 🔑" -GandalfEducator
"All we have to decide is what to do with the time that is given to us."

 
Image reads: think BIG believe BIG act BIG, and the results will be BIG"


 



SafeMoon Ranking

BSCDaily tweeted this image ranking SFM at #2 in the "Top BNB CHAIN Projects with [the] highest Social Engagement" using LunarCrush's Social statistics.


BitMart Research shared the top trending USA coins with SafeMoon being number 4.




Crypto News

US Crypto Bill Introduced


"Key US Senators Introduce Crypto Bill Outlining Sweeping Plan for Future Rules"

U.S. Senators "Kirsten Gillibrand and Cynthia Lummis release the long-awaited strategy that favors the CFTC as a watchdog and wipes away tax worries from buying things with cryptocurrencies."

"Their bill would liberate small-scale purchases of goods and services from the mire of tax implications by making it all tax-free on transactions less than $200 – potentially clearing a path for a cryptocurrency that acts more like a currency. "

-Jesse Hamilton

CoinDesk's deputy managing editor


Blockworks Tweeted the highlights for this Bill ⬇⬇⬇


"JUST IN: Long-awaited crypto bill has been released

Highlights 👇

  • Defines the terrain between crypto securities and commodities.

  • Most cryptos would be considered commodities such as #Bitcoin and Ethereum.

  • CFTC would be crypto's watchdog.

  • CFTC would have authority over the spot markets in crypto commodities.

  • It gives legal clarity on how to handle customer holdings.

  • Clarifies the meaning of a crypto broker.

  • Calls for an SEC/CFTC self-regulatory organization.

  • Creates an industry sandbox in which regulators let crypto firms test new products.

  • 100% reserve, asset type and detailed disclosure requirements for all payment stablecoin issuers.

  • It requires certain disclosures to the SEC from companies raising funds through digital asset sales."


Click the image below for CoinDesk's full article on this topic.

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The full Bill pdf file below

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576008331-Lummis-Bill-Draft
.pdf
Download PDF • 244KB


SEC Binance Investigation

"The United States Securities and Exchange Commission (SEC) is investigating whether Binance Holdings broke securities rules when it launched its BNB token in an initial coin offering (ICO) five years ago, Bloomberg reported on June 6."


Even Binance CEO CZ had mentioned the need to change the Binance whitepaper wording in the beginning of 2019 in a blogpost.



"In January 2019, we changed the wording around “buy-backs” and the association with “20% profits.” This was done based on a third-party legal counsel advice indicating the potential for being misunderstood as a security is higher in certain regions, and it was not accurately describing the fact that we don’t need to “buy-back.” "

- Changpeng Zhao (CZ)

Binance founder and CEO



To read CoinTelegaph's article on this topic, click the icon below!

 



SafeMoon Partners

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


SafeMoon Stats

CoinGecko
The overall SafeMoon sentiment today is good.


SafeMoon Glubiz

Swap & Evolve Progression

66.953% 33.047%

Count: 4



Swap Volume by Hydra



 

Reminders


SafeMoon Labs

Stablecoins
Listen to Gandalf's SafeMoon Labs episode on Stablecoins or read the accompanying article, which covers what stablecoins are, why we need them, the different kinds of stablecoins and the advantages and disadvantages!

Bull and Bear Markets
If you missed the SafeMoon Labs recording and associated article for Bull and Bear Markets, you can check it out here !! He covers what the terms mean, where they derive from, and what causes markets to change.

 

SafeMoon Pulse

Another month has passed! This means it's time for another SafeMoon Pulse monthly recap where we pull together all of the main events, product reveals, releases, new partnerships, collaborations, and updates that have taken place over the past month for SafeMoon.

Click on the image below to view the Pulse May 2022 SafeMoon Monthly Recap.

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Educational Articles

The SafeMoon Education Team released two educational articles about what Swap & Evolve is and how it works! Stay tuned for educational images.

For a simplified explanation of Swap & Evolve, click here.
For an in-depth technical explanation, click here.

 

SafeMoon Careers

To apply or see what listings are currently open visit safemoon.com/careers any time.
 

April Captain's Log

Click here to read the full Captain's Log!

 

Upcoming Card Features

Sign-up for the pre-launch waitlist here

 

SafeMoon SWaP Listings

(Official links to partners in the bottom page link list)

 

SafeMoon Key Moments

(current and planned products/listings)

 

Top of Page

Lowdown Home

Latest MoonCast

Pulse (Monthly SafeMoon Recap)

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SafeMoon Education's Official Twitter


Disclaimer:

Please be advised this is meant to be used for informational and educational purposes only. All information should be used as such and not be treated as financial advice. Before making any financial decisions, it is important to complete your own due diligence. Thank you.



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