👋 Hey Nimbus community,

👿 There is no “too big to fail”. Cryptocurrency lender Celsius Network has fully repaid its debts, returned all collateral funds (about $1 billion), and declared bankruptcy under Chapter 11 of the U.S. Code, which involves restructuring the business. Who will be next?

🙈 Is the crypto winter close to an end? According to its recent report, Glassnode analysts believe that the bear market has reached the final stage with signs of deep capitulation, but signals of reaching the bottom have not yet been formed. So volatility to persist.

❤️ Switzerland loves digital assets. The Swiss Post has announced plans to expand access to crypto assets through its banking arm, PostFinance - a service for trading and storing digital assets that will likely be developed no later than 2024. Adoption gains momentum.

😐 Who is behind all recent crypto hacks? Partially, North Korea. The bad news is that the country will continue attacking digital companies. According to a former CIA agent, this kind of attack brings the regime a critical revenue stream. Keep your funds safe.

😭 Centralization doesn’t help. The oldest Spanish marketplace 2gether blocked access to the site and user accounts. The company promises to resume operations only if each of the 100,000 users donates €20 to the exchange. Otherwise, all the funds will be confiscated…

👋 Hey Nimbus Community,

While many of you continue to explore the recently launched Smart Staker n-NFT, we remind you that there are rewards for this! 🎁

Here is a short summary for you:

✅ Contest duration: July 12, 2022 - July 20, 2022 (till 23:59 CET)
✅ Who can participate: everyone who acquires Smart Staker n-NFT
✅ Reward: Every tenth user who acquires Smart Staker n-NFT will receive $100 worth of NBU tokens that will be accrued to his or her wallet. There will be 10 winners among BNB-based NFT holders and 10 winners among BUSD-based NFT holders so that everyone has equal chances to win.

But there is also a special reward: those four users who put the largest amount of assets to Smart Staker n-NFT during the contest will get one Smart Staker n-NFT of 1 BNB each! 🤩 Again, there will be two winners for each Smart Staker's type.

You can access the Smart Staker 👉 here

👋 Hey Nimbus Community,

We remind you that there are only three days left until the end of the Smart Staker n-NFT contest!

It's time to get down to business and mint your NFTs 😉

You can access them 👉 here

👋 Hey Nimbus Community,

😉 We hope you already had a chance to experience the recently launched Multisender functionality, which is available for access 👉 here

As promised, we are striving for improving this tool to ensure its accessibility and utility. Hence, we expect you to help us in that aspect by answering a simple question: What other tokens would you add to the Multisender functionality? 🤔

Below the post, we're attaching a poll with options to make it easier for you to share your opinion with us 🙌

👋Hey Nimbus community,

The explanatory video about the Smart Staker n-NFT is LIVE! You can watch it at the link 😉

In this episode, Pedro Reyes, an Internal Auditor on the Nimbus tech team, goes over every vital aspect of the recently launched token.

The following topics were covered in the video:
✅ What utility does the Smart Staker n-NFT offer?
✅ The n-NFT’s role as one of the Platform’s asset diversification and optimization tools
✅ Smart Staker’s relationship with the Platform’s native tokens, i.e. NBU and GNBU
✅ How does the Smart Staker n-NFT work?
✅ How are your supplied assets allocated when issuing the n-NFT?
✅ What rewards does a Smart Staker holder receive?

💡Also, if you missed the Smart Staker n-NFT contest to a certain reason (it will end on July 20, by the way), you'll get a quick overview of the conditions and the rewards you can get!

🤩 But don't go far! We're happy to announce that the minimum threshold for issuing the BUSD-based Smart Staker n-NFT has been reduced significantly!

✔️ Old threshold - 500 BUSD
✅ New threshold - 200 BUSD

This update was proposed to reduce the entry barrier and enhance accessibility.

👋 Hey Nimbus Community,

Today, not to let you get bored 😉, we prepared a piece of material that may help you get a few insights on the Smart Staker n-NFT if you haven't already. You can find the infographics attached to the post! ✨ That's a very handy reminder covering the main aspects of the token, so, save it and keep it close to you!

Also, we kindly remind you that the Smart Staker n-NFT contest is coming to an end - just around 24 hours are left. So, consider it the last chance to get some tempting rewards! 💪

👋Hey Nimbus Community,

It’s time for a new glossary term, a basic one representing how information is recorded in the cryptosystem: the Public Ledger.

Its name comes from the old record-keeping systems used primarily in agriculture for storing prices and other relevant information. The crypto public ledger works similarly in the sense that it’s based on a public verification mechanism.

A blockchain is a public ledger – a chain of blocks recording the details of crypto transactions. The blockchain can hold more than just financial transactions; anything that has value can be virtually recorded.

The public ledger allows the participants in a transaction to verify the details, but no central authority or intermediary is involved. It’s actually the basis on which crypto trading is developed because it stores information in a decentralized manner.

👋 Hey Nimbus Community,

🥳 Taking into account your high activity and interest in the Smart Staker n-NFT contest, we decided to extend it until Friday, July 22, 23:59 CET!

The list of winners among BNB-based token holders is already determined, while there are still enough places for those who want to issue NFTs with their BUSD tokens. So, the contest is extended for that part of users only 😉

That means you have a few more days to try your luck and wish to receive special rewards! 💪 Come on, guys!

✌️Hey Nimbus community,

👿Tesla sold 75% of Bitcoin holdings in Q2 due to the need for liquidity as the epidemiological situation in china continues to deteriorate. The company made around $1 billion ($936 million) on the sale. At the same time, Musk said that Tesla has not sold any Doge.

😃 Which cryptocurrency exchange do you use? According to french data provider Kaiko, the best three platforms on the market are Coinbase, Binance, and Kraken. The results are based on Governance, Business, Liquidity, Security, Technology, and Data Quality.

😱 Circle, the issuer of USDC stablecoin, plans to hold an IPO by the end of the year. The new company will be listed on the New York Stock Exchange (NYSE) with an initial valuation of $4.5 billion, the company's shares will be listed under the ticker CRCL.

❤️ According to the Crown Prince of Dubai, there are now 1,000 companies registered in the emirate related to blockchain technology and meta-universes. They brought $500 million to the budget! No surprise Dubai is so crypto-friendly. The best hub in the world?

👾 The Paraguayan Senate passed a bill establishing a tax and regulatory framework for businesses operating in the cryptocurrency and the crypto mining sectors. By the way, Brazil, Argentina and Panama are also working on their own crypto legislation.

👋 Hey Nimbus Community,

Here comes another tech update for you 😉

As the Brave Wallet 🦁 (the Brave Browser's built-in solution) gains popularity and grows in the number of users, the Platform added the ability to use this wallet when dealing with the dApps and other Nimbus products.

You can view it when choosing a wallet after clicking on the "Connect my wallet" button in the upper right- hand corner of the Platform 💻

👋 Hey Nimbus Community,

The Smart Staker n-NFT contest has finally come to an end - the rewards will be sent to our winners within this week! 🎁

Your activity resulted in ten winners among BNB-based NFT holders and three winners among those who issued their NFT with BUSD tokens. We'll send $100 worth of NBU tokens to their wallets.

Four winners among BNB- and BUSD-based NFT holders (two for each) with the largest volume of assets added will also be awarded: we'll send one Smart Staker n-NFT of 1 BNB to each of them 🤩

We hope that the contest has familiarized you with the Smart Staker and has allowed you to have a first-hand experience of all the benefits after issuing your own token! 🤝

The second token in the Nimbus NFT family is just starting its journey. So, even if you did not win this time, we hope you’ll keep enjoying the benefits this innovative NFT brings to you.

Stay tuned for more useful updates and advanced tools that are coming very soon 😉

👋 Hey Nimbus Community,

The Smart Staker n-NFT contest has finally come to an end - the rewards will be sent to our winners within this week! 🎁

Your activity resulted in ten winners among BNB-based NFT holders and three winners among those who issued their NFT with BUSD tokens. We'll send $100 worth of NBU tokens to their wallets.

Four winners among BNB- and BUSD-based NFT holders (two for each) with the largest volume of assets added will also be awarded: we'll send one Smart Staker n-NFT of 1 BNB to each of them 🤩

We hope that the contest has familiarized you with the Smart Staker and has allowed you to have a first-hand experience of all the benefits after issuing your own token! 🤝

The second token in the Nimbus NFT family is just starting its journey. So, even if you did not win this time, we hope you’ll keep enjoying the benefits this innovative NFT brings to you.

Stay tuned for more useful updates and advanced tools that are coming very soon 😉

👋 Hey Nimbus Community,

We know you’ve been missing videos from our VP Waseem Mamlouk!

Well, he’s back, and he has some very exciting updates to share with you:

✅ The legal and regulatory update in association with the Central Bank of the Kingdom of Bahrain
✅ Current progress Nimbus has made in Bahrain - a centralized exchange that offers users self-custody of their assets? A first-of-a-kind functionality in the whole world!
✅ ...and so much more!

Don’t miss it out!

Tune in 👉 here!

👋Hey Nimbus Community,

Today's glossary covers one of the important indicators of the crypto market used to evaluate and rank tokens: ✨Market Cap✨

Put simply, if all cryptocurrency coins are put together, their collective value is the market cap. And it can indicate the possible stability of a crypto asset. Cryptocurrencies with larger market caps are likely to be more stable.

From this point of view, there are three categories of cryptocurrencies:
👉 Large-cap  - like Bitcoin and Ethereum, with a market cap of over $10 billion
👉 Mid-cap – with market caps between $1 billion and $10 billion
👉 Small-cap – with a market cap under $1 billion

There is a common misconception that the market cap shows the amount of money in the market; in fact, it doesn't represent the money inflow and can change drastically with price variations. But it does provide data about a project's performance.

👋 Hey Nimbus Community,

As you know, we've recently upgraded a number of elements of the Platform’s functionality. The Affiliate Program update from v3.1 to v4.0 is in the list as well 🔄

Speaking of AP, due to the fact that we are still in process of transition from AP3.1 to AP4.0, the automatic rank airdrop distribution is not available now. In other words, the rewards transition is now in process, and the team expects to have this transition completed in the next 15 days.

Hence, the users are going to see the updated Program's interface with the “Withdraw Rewards” button added, which may be not fully operational yet 🛠

Once the transition is completed, we'll notify you via our official social media 😉

👋 Hey Nimbus Community!

🆕 Here comes another update for you!

As part of our strategy to build a strong and thriving community, we’re constantly making efforts to improve the Nimbus experience for all categories of users.

This time we have good news for our prime brokerage users 😎

We've finalized our processes concerning this functionality, so in the next ~7 days, you should receive the updated portfolio composition tools we tailored to your needs.

We would love to get your feedback, and we hope this update will get you a smooth user experience 🙌

More info and guiding materials are coming soon, so stay tuned 🤓