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Syncord is a DAO-governed platform that offers earning strategies for users boosted by multiple layers of risk-management. Receive rewards from IPO participation, Lending & Borrowing, and more in one spot.
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Blockchain finance projected to be $79 billion market by 2032 π²
A report from Allied Market Research highlights that players in the blockchain finance market are actively pursuing collaborations and acquisitions as a key strategy.
Also, a recently published report from Ripple suggests that blockchain tech has the potential to reduce cross-border payment costs for financial institutions by around $10 billion by 2030.
Blockchain is still on the rise π
Hey Nimbus Community π
If you want to sell your tokens and found out the swap machine is no longer available, we have two options for you:
1οΈβ£ Sell at the current market price
2οΈβ£ Sell at your chosen price
To understand how these selling options work, see our article below:
LINK
Feel free to contact support once youβre ready to choose a selling option here:
https://nimbusplatform.atlassian.net/servicedesk/customer/portals
Hey Nimbus Community π
The following are now officially closed:
π Nimbus Converter
π Nimbus Wrap Machine (ETH to BSC)
If you still need to wrap or convert your tokens, feel free to contact support so we can assist you in manually wrapping and converting your tokens.
Hey Nimbus Community,
Here's a friendly reminder that we're closing the Nimbus Converter on October 1, 2023 β°
Note:
We're also closing the Wrap Machine from Ethereum to Binance Smart Chain on October 1, 2023.
We ask you to kindly wrap your tokens before the date. Once the wrap machine is closed, you'll be required to go through Nimbus support to manually wrap your tokens.
Crypto News Digest β‘οΈ
π PayPal Ventures Into NFT Space with Blockchain Patent Application
π Buenos Aires Embraces Blockchain for Digital Identity Access
π Coinbase International Expands Perpetual Futures Trading Beyond U.S.
π Circle Extends EURC Stablecoin Reach to Stellar Network, Expanding Web3 Utility
π Bitcoin Inventor Proposes Runes as Efficient Alternative to BRC-20 Tokens
Read more:
https://nimbusplatform.io/library/universe-of-crypto-and-defi/industry-pulse/crypto-news-digest-paypal-ventures-into-nft-space-with-blockchain-patent-application/
Do you understand how bear and bull markets work? ππ
Bear and bull markets are seasons in crypto, just like the weatherβοΈ
And of course, the weather behaves differently during these seasons. But the difference is, you don't feel anything physical to know what crypto market you're in.
No heat. No rain.
You only find out by knowing the signs of when they come.
Read our article below to discover these signs, along with how long they last for:
LINK
What will the new APR be for Pool 2.0 LP Staking?
Do you know what "WAGMI" stands for? π€
It means We're All Gonna Make It!
In a world full of challenges and uncertainties, it's important to remind ourselves that we can overcome anything and achieve our goals together.
Keep pushing forward and remember, we're all in this together! π
Do you know what whales are in crypto? π
Well, you should!
Understanding crypto whales is crucial in navigating the world of cryptocurrencies because their decisions affect your crypto.
Check out our new article explaining crypto whales
(and how you can become one) π
LINK
MicroStrategy just bought $147 million worth of Bitcoin π²
The world speculates on crypto's future and Bitcoin is moving sideways like a Stablecoin. Then you have MicroStrategy arriving to the scene and doubling down on Bitcoin!
What do they do know that you don't? Hmm π€
Could it be that the Bitcoin Halving is coming next year and it's typical for Bitcoin to see new highs after these events.
Or maybe they recognize that Bitcoin is performing better than everyone thinks as it's over 55% in returns on its YTD (year-to-date) performance π
Anyway, one thing is for certain...
MicroStrategy buying a lot of Bitcoin can cause a positive trend in crypto π
Hey Nimbus Community π
The transfer to Pool 2.0 is now open!
We've decided to launch Pool 2.0 as we're implementing the beginning stages of our Swap 2.0 upgrade.
Here's what you can look forward to with Pool 2.0:
β
Higher APR: 20% APR for LP Staking.
β
Two New Pairs: NIMB-USDT and GNIMB-USDT.
β
No Deposit Fees: We want to make this transition as smooth as possible.
β
Withdrawal Fees Updated: We would like to remind you about updated withdrawal fees for liquidity from Pool 2.0.
Note: Due to the magnitude of the Pool 2.0 transfer and the Swap 2.0 upgrade, the Pool 2.0 LP Staking is currently unavailable and will be open in a few days.
Read our article below where we explain everything in more detail:
LINK
Crypto News Digest β‘οΈ
π Venmo Adds PayPal's Stablecoin PYUSD, Enhancing Crypto Options for Users
π Coinbase Predicts Smooth Token Sale by Bankrupt FTX with Strict Controls and Phased Liquidations
π SEC Intensifies Pursuit of Cryptocurrency Exchanges and DeFi Projects for Securities Law Violations
π U.K. Aims to Bolster Crime-Fighting Capabilities by Facilitating Crypto Asset Seizures
π EPRS Urges Global Regulators for Enhanced Oversight in the Evolving Crypto Market
Read more:
LINK
Did you know FTX is about to unload crypto worth $3.4 billion? π²
They recently got a court approval to sell their assets, which include popular coins like BTC and Solana.
βοΈReminder: Nimbus Converter Closing on October 1, 2023 πͺ
π We advise all users to convert their NBU and GNBU tokens to NIMB and GNIMB at the fixed 1:1 exchange rate.
π Migrate your tokens and so you can continue benefiting from the Nimbus ecosystem. The link to the Converter is here
π After October 1, 2023, users who still hold NBU or GNBU tokens will need to reach out to Nimbus Support for assistance. Please note that the conversion process will then be manual, and the exchange rate will not be 1:1.
Can you guess the original mint price of Bored Apes? π€
Can you guess the 10 most crypto-friendly countries? π
In 2023, a handful of nations have taken center stage as pioneers in embracing the digital revolution.
We've written about 10 crypto-friendly countries that aren't just only welcoming blockchain technology and cryptocurrencies, but actively fostering their growth.
Check it out hereπ
LINK
