SafeMoon Wallet Update | Scam Accounts | Community Content | Food for Thought | Web3 and Artificial Intelligence | Blockchain News: FTX Files for Bankruptcy Protection in US - A Message from Former CEO Bankman-Fried - FTX Whistleblower Space - Brussels Digital Euro Law - The SEC Beat LBRY. What's Next? - FIFA and Web3 | SafeMoon Stats | SafeMoon Partners | Reminders
SafeMoon Wallet Update
Galan let the community know, "iOS V2.5.5 update is live in the app store."
SWaP V3 Prices, Charts, Stats, Alerts updated to new pairs
ERC-20 Collectibles should now display properly
Bug fixes and improvements
If you use Instagram, please report and block this account impersonating CEO John Karony!
Remember, there are SO MANY accounts impersonating SafeMoon, core team members, moderators, and support. In general, SafeMoon does not have "Support" accounts, and no one will ask you for your personal information, such as your seed phrases.
Scam accounts meme by Spyros
"Hope you’re all having a great weekend guys 😁
Just want to give a massive shoutout to the wonderful Mr.RipVanWizard
for the awesome gift from across the pond. Cheers mate 🍻"
Food for Thought
"Great leaders don't cheer at others' losses or cry at their wins. They focus on their own work...which is what leads them to greatness."
- Simon Sinek
Shared by Vico
"Don't think too much. You'll create a problem that wasn't even there in the first place."
"Push yourself because no one else is going to do it for you."
"Do not hide or be ashamed of your scars. Perfect people do not exist. And the people who dare to dream big and do are likely to be full of scars.”
Web3 and Artificial Intelligence
"With Web3 on the horizon, we thought you might want to learn a little more about its core concepts.
Here are the most important aspects of the Web 3.0 future.
Artificial Intelligence (AI)
Secure Ubiquitous Data
Today, let's dig into the first Web3 component mentioned, artificial intelligence (AI). Artificial intelligence will is a key factor in the movement toward Web3 due to machine learning (ML). Here are five reasons why AI implementation makes sense in Web3, according to Leeway Hertz:
In web3, the capabilities of AI are being used to serve all people, not just the wealthy. AI models are trained on the creator’s personal knowledge, passions, and experiences.
Focus on the Creators
In web3, creators fully control their data, AI models and digital assets. Few companies are helping to build platforms on blockchain, so creators have the sole access and power of their data to repurpose or share it as they wish.
Scarcity to Utility
Tokens must be useful and provide real value to their users to ensure long-term sustainability. Your personal AI creates and unlocks new value from the content you create and the creativity and intellect you use to create it. It also unlocks new opportunities for collaborations and creates value for you and your community through access and participation enabled by social tokens.
Consumption to Participation
We are creating a new architecture of collaborative networks that shifts power from platforms to people and transforms the relationship between value consumption and value creation.
Subscriptions and Investments
AI in Web3 is driving a new creator economy that allows communities to invest in creators they love as well as the personal AIs that add value to their lives. Creators now have the opportunity to build a sustainable business around their creativity, and the community can benefit from this success.
FTX Files for Bankruptcy Protection in US; CEO Bankman-Fried Resigns
Crypto exchange FTX filed for bankruptcy protection in the U.S., the Bahamas-based company said Friday.
CEO and founder Sam Bankman-Fried also resigned his role, but will "assist in an orderly transition." John Ray III is the new CEO. Ray appears to be the same individual who previously oversaw the Enron Corporation bankruptcy.
"In the short term we have some long days and hard work ahead of us," Ray told employees in a message verified by CoinDesk. He called the bankruptcy filing "the beginning of a path forward."
Respective bankruptcy filings said FTX US and Alameda Research had between $10 billion and $50 billion in liabilities and a similar range in assets, and estimated that "funds will be available for distribution to unsecured creditors." [Source: CoinDesk]
A Message from Former CEO Bankman-Fried
"Hi all: Today, I filed FTX, FTX US, and Alameda for voluntary Chapter 11 proceedings in the US. I'm really sorry, again, that we ended up here. Hopefully things can find a way to recover. Hopefully this can bring some amount of transparency, trust, and governance to them. Ultimately hopefully it can be better for customers.
This doesn't necessarily have to mean the end for the companies or their ability to provide value and funds to their customers chiefly, and can be consistent with other routes. Ultimately I'm optimistic that Mr. Ray and others can help provide whatever is best.
FTX Whistleblower Space
Mario Nawfal shared,
"For all the press spamming me, this is the show with Elon Musk and the various FTX whistleblowers. Enjoy!"
Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says
The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expected to define the new currency’s legal tender status and determine its privacy features. [Source: Crypto News]
The SEC Beat LBRY. Will It Go After Exchanges Like Coinbase Next?
If all crypto tokens are classified as securities, the SEC can go after the largest exchanges and marketplaces. “What the LBRY decision does is provide a major step forward in the SEC’s quest to label all tokens as securities,” said Cohen. “And that is indeed a very, very significant thing.”
Why is it so significant? Because if the SEC can get courts to rule that crypto tokens are securities regardless of how they are sold, the federal regulator would be able not only to target projects that create tokens, or directly participate in securities “schemes,” it would also be able to go after any entity that sells these tokens in any context.
This would essentially give the SEC the green light to go after major exchanges and marketplaces—like Coinbase, Binance.US, Kraken, and FTX US—that peddle cryptocurrencies to millions of secondary buyers on a daily basis. [Source: Crypto News]
With the FIFA 2022 World cup to begin in just a few days down the countdown, the International soccer association takes quite some radical decisions. Accordingly, FIFA has broken up with Electronic Arts (EA), after their long tenure relationship of more than 30 years.
The news has taken to surprise the entire soccer mania, and the game geeks too. FIFA games through EA were one of the most highly anticipated ones for the entire world out of the stables of EA.
However, the disappointment of some has turned into a boon for the crypto, and the blockchain industry too. And so, FIFA has so far signed up with four different blockchains, each giving out four different, and unique Web 3.0 approach based games. [Source: Crypto News]
Have you voted today?
Rewards for Holders + Consumers.
Exciting News Coming + #SpacesHost being provided by @N8KED_VIKING and @Salman_726 on 11/14👏
Pinksale Presale Coming Soon🤩" - MetaMerce Token Official
"Don't forget about our TV ad competition that is still running! Simply be the first to take a photo or video of our Live TV ad in action and tag @GroveToken and @JustAman04, and win 50 billion GVR!" - GroveToken Official
"❄️#SafeMoonArmy and #Cryftopians are you ready for the #holiday season our CEO Chad @CryftCreator was unable to have have last year?🎄Pushing him to put #Blockchain #Collectibles in your hand with Next-Gen Gift Cards. 🙌 #CryftCards 🎅 692831631893" - Cryft
Are you interested in becoming a Token Partner?
To apply, simply visit SafeMoon.com/apply.
For more information on all our partners, visit SafeMoon's Partner Portal.
SafeMoon announced that with the recent SafeMoon SWaP updates came a new patent pending feature that solves the existing Defi inconsistent fee paradigm for tokens on multiple Decentralized Exchanges.
"Our recent updates to the #SAFEMOONSWAP have seen the launch of the SafeMoon Tokenomics Supervisor. Curious?🤔Read more about it in this shiny new press release" [Businesswire]
They partnered with "Blockchain and AI expert Dr. Adel Elmessiry to help solve the inconsistency. Labeling the invention "Tokenomic Supervisor," they explain that it operates in 2 steps:
To learn more, view the full article here.
SafeMoon Gaming Calendar (November)
Security Questions (Best Practice)
🎓You might have seen that SafeMoon Orbital Shield requires users to answer 2 security questions.
⚠️We highly encourage reading our Best Practice article to learn about a safer method for answering these security questions!
Want to see all of what happened with SafeMoon in the month of September?
🎬 The SafeMoon Pulse monthly recap video is live!
Here's a link to the corresponding Pulse article.
As always we value your feedback. 🙏
You can post your comments here!
Slippage and Gas Articles
You may have heard of slippage and gas related to the transactions you make when trading your digital assets on the blockchain but do you know what they are, where they come into play during a transaction, or even why they exist?
SafeMoon Education Manager Cats published two new educational articles for those interested in understanding more.
⬇️Click on the image of the subject you'd like to learn about first.⬇️
↙ Learn about Slippage (Left) and Gas (Right) ↘
Understanding SafeMoon Transactions Article
🎓Want to understand more about what happens when a SafeMoon SWaP transaction takes place? Here's an article that can help you understand the process a bit further. Check it out by clicking the image below. 👇👇👇
SafeMoon Education - Wallet Update
The SafeMoon Education team published an article on the most recent Wallet update adding the Avalanche Chain to the SafeMoon Wallet!
Here is the link to the article.
If you are currently holding pSafeMoon, you won't be receiving reflections due to the SafeMoon V2 Migration. In this SafeMoon Education article, you will find a method in which a pSafeMoon holder will be able to migrate to SafeMoon V2.
A HUGE thank you to