Syncord | Official News Channel
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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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Did you know there are 6 times as many NFT wallet holders than DeFi users?

At Nimbus, we are contributing to both as we fuse them to create Smart NFTs๐Ÿ†

- Unbeatable rewards
- Built-in diversification
- NFT technology
- DeFi greatness

Get the best of NFTs and DeFi here๐Ÿ‘‡
https://app.nimbusplatform.io/#/nft/n-NFT
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Hereโ€™s your weekly crypto news ๐Ÿ’ฅ

๐Ÿ‘‰ TransUnion to start providing identity-protected credit scoring for DeFi lending

๐Ÿ‘‰ The EU voted to pass MiCA, new EU rules for crypto assets and services

๐Ÿ‘‰ The national bank of Belarus to decide on issuing a CDBC by the end of the year

๐Ÿ‘‰ Hong Kong now recognizes cryptocurrencies as digital property
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What are your thoughts on the crypto legislation that the EU just voted for?
Anonymous Poll
54%
Good for crypto
18%
Bad move
29%
Not sure
Hey Nimbus Community ๐Ÿ‘‹

Here's your Weekly Nimbus Metrics!
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Civil servants in the Chinese city of Changshu will begin receiving digital yuan salaries in May 2023.

The digital yuan is a CBDC (central bank digital currency) and CBDCs have received mixed feedback from the world. Do you like the idea of CBDCs? ๐Ÿค”
Anonymous Poll
35%
Yes
49%
No
16%
Don't know
Time to announce the 5 winners of our Crypto Quiz ๐Ÿฅณ

The winners can be found here:
https://twitter.com/nmbplatform/status/1650877970414804993
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Hey Nimbus Community ๐Ÿ‘‹

According to CoinMarketCap, there are approximately 22,932 cryptocurrencies. Based on NIMB's market cap of $4.1 million, NIMB is in the top 5% of cryptos ๐Ÿ†

Likeโค๏ธ if you're a Nimbus member!
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Hey Nimbus Community ๐Ÿ‘‹

Say hello to our ecosystem's new addition:

The Nimbus Library ๐Ÿ“š

It's an educational hub about Nimbus, crypto, & DeFi.

It has now launched and is ready to use.

Visit the library here: LINK

Why we launched it and how users can benefit

We're dedicated to accelerating the crypto and DeFi adoption โ€” The Nimbus Library is a key part in achieving that goal. The library is designed to cater to all crypto-knowledge levels and provide detailed information on Nimbus products.

Hereโ€™s a breakdown of the Nimbus Library

It consists of two sections:

The World of Nimbus
- Getting started information
- Product guides
- Nimbus insights
- Project basics
- Company news
- External articles about Nimbus
- Play and earn (soon)

The Universe of Crypto and DeFi
- Explorer and resource articles
- Market insights
- Weekly news
- Latest DeFi technologies
- Crypto and DeFi guides
- Newbie, intermediate, and expert information

The library will always be growing and developing in the future. Expect more features soon ๐Ÿ˜‰

Stay tuned!
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Do you think you can explain DeFi to a non-crypto user? ๐Ÿค”
Anonymous Poll
56%
Yes
27%
Maybe
17%
Nope
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NEW Special Nimbus Library Quiz! ๐Ÿฅณ

This quiz has questions based on the information given in the Nimbus Library content.

To Enter:
โœ… Like & Retweet this tweet: LINK
โœ… Give your answers here: LINK

Why is this quiz special? As it's tied to the launch of the Nimbus Library, the prize pool has increased to $200!

5 lucky winners will now receive $40 in NIMB ๐ŸŽ

P.S. The Quiz section will soon be integrated to the Library and our users will get to participate in interactive and engaging quizzes. Plus, get cool rewards!
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Crypto News Digest โšก๏ธ

๐Ÿ‘‰ โ€‹โ€‹Romaniaโ€™s ICI to launch an institutional NFT platform to drive the countryโ€™s Web3 adoption

๐Ÿ‘‰ Northern California agrees to blockchain-based digital wallet for government services

๐Ÿ‘‰ BitKeep Wallet outwits the bear market by driving 10 million users to their platform

๐Ÿ‘‰ France looks to fast-track licensed crypto firms so theyโ€™re compliant with new EU rules

๐Ÿ‘‰ Blockchain as a means to fight climate change, according to the World Economic Forum

Read more here:
LINK
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Hey Nimbus Family ๐Ÿ‘‹

We successfully launched the Nimbus Library last week and we'd appreciate hearing your feedback on it!

Give your feedback here: LINK

Thanks for your input!
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Hey Nimbus Community ๐Ÿ‘‹

Here's your Weekly Nimbus Metrics!
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Time to announce the 5 winners of our Nimbus Library Quiz ๐Ÿฅณ

The winners can be found here:
https://twitter.com/nmbplatform/status/1653318586226597888
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For the first time ever, the Liquid Staking TVL has surpassed DEXes! ๐Ÿ˜ฎ

Liquid Staking now has a TVL of $18.15 billion while DEXes' TVL is $18 billion.

What is Liquid Staking? It's a mechanism allowing you to stake crypto assets while being able to use that asset for other stuff.

Like๐Ÿ™Œ if you'd like to see Liquid Staking on the Nimbus Platform!
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We have a new feature coming soon!

It will increase the convenience of our platform and "encourage" non-crypto users to get involved in DeFi.

What do you think is coming next? ๐Ÿค”
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The Bull Run will begin in _____

*finish the sentence
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Crypto News Digest โšก๏ธ

๐Ÿ‘‰ โ€‹โ€‹North Carolina approves a bill that prohibits CBDC payments to the state

๐Ÿ‘‰ The SEC decides not to give a definition for digital assets in new hedge fund regulations

๐Ÿ‘‰ Sports Illustrated launches NFT ticket platform on the Polygon blockchain

๐Ÿ‘‰ Liquid staking now beats decentralized exchanges in TVL

๐Ÿ‘‰ The UK Treasury looks to redefine tax in the DeFi space

Read more here:
LINK
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Hey Nimbus Community ๐Ÿ‘‹

Here's your Weekly Nimbus Metrics!
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Can DeFi replace banks?๐Ÿค”

Every now and then, emerging tech comes along and disrupts an industry.

Uber did it with cabs, Amazon did it with retail, and now DeFi is slowly rising to take control of how we conduct finance today.

But can DeFi replace banking infrastructure, or is it just utopia-thinking?

Find out here:
LINK
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What Problems Can DeFi Solve?

DeFi has been making the crypto world go round and is becoming increasingly popular with mainstream audiences.

A significant reason for this: DeFi presents itself as the evolution of finance.

Learn why DeFi presents itself as the future of finance here:
LINK
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