Syncord | Official News Channel

It's Contest Day 🥳

Today's contest will test your crypto trading knowledge 🤓

The challenge...👇

List the trading patterns you can find in the image above.

To Enter:
✅ Like & Retweet this tweet: https://twitter.com/nmbplatform/status/1639306011679903744
✅ Give your answer below

Answer correctly to win $20 in $NIMB!

5 winners will be randomly chosen and rewarded 🎁

The latest happening in the world of crypto 💥

🔹The UAE Central Bank is getting closer to launching their CBDC — the digital dirham

🔹Venezuela has declared that it will be restructuring its crypto department

🔹Arbitrum's transaction activity outperforms Ethereum ahead of its ARB airdrop

🔹Luxury brand Balmain release sneakers bundled with an NFT version

🔹Coinbase did an experiment using ChatGPT to perform token audits

🔹Metaverse platform Oncyber is creating an AI tool to turn text into 3D worlds

if you go on Google, type "Crypto", and click on news — it's easy to believe a crypto apocalypse is going on.

But what gets swept under the rug is the involvement crypto will have in the near future.

Some many good things are happening such as:
👉 220 million people worldwide using crypto to pay for everything
👉 El Salvador building a smart city based on Bitcoin
👉 Fidelity expanding Bitcoin & ETH trading to retail accounts
👉 Top crypto apps having a 15% download increase in a week

Crypto is slowly establishing itself in our day-to-day systems.

The future is bright with crypto!

Like❤️ if you agree

Time to announce the winners of our #FridayContest 🥳

Here are lucky ones who gave the right answer:

👉 https://twitter.com/nmbplatform/status/1638891811014950912

Congrats on winning $20 in $NIMB! 🙌

Hey Nimbus Family 👋

We've got good news...

LP Staking functionality has been added to the Nimbus Mobile App! 🎉

We previously added Liquidity Providing to the app last month, and now we're glad to be adding more features.

Our mission is to make DeFi as convenient as possible. Adding LP Staking to our mobile app is a further step in finalizing our vision.

Get the app on Google Play:
https://play.google.com/store/apps/details?id=com.nimbusplatform

Stake with confidence on mobile 🙌

P.S. Check if you need to update the Nimbus Mobile App

Hey Nimbus Community 👋

The LP APRs have officially changed:
👉 LP Staking APR is now 15%
👉 Smart LP NFT APR is now 20%

These changes help promote long-term sustainability for our ecosystem.

Also, we've made sure to keep APRs high enough so you can still enjoy some of the best APRs on the market. 🏆

What about active stakes before the update?

All active LP Stakings with the previous APRs of 100% and 35% will remain the same. The same applies to the Smart LP NFT.

DeFi vs Traditional Finance: Open Banking Edition 🏦

You've heard of Open Banking, right?

It's tech that allows financial services to access your bank transactions and data through APIs. Open banking's main purpose is to help you track and manage your finances better.

But, there's a problem...

👉 Giving access to open banking providers puts your data at risk. You have to rely on centralized trust that your data is protected, isn't being shared, or isn't being used against you.

👉 DeFi is inherently anonymous – people are more comfortable with their transaction history being accessible on the blockchain than they are with sharing bank account data with companies.

👉 This is why DeFi can continuously produce elaborate systems and integrate it into things you use today, such as:

🌟Websites
🌟Desktop & Mobile Apps
🌟Chrome Extensions
🌟Telegram, Slack and Discord Bots
🌟Chatbots

DeFi is the future of finance!🙌

Hey Nimbus Community 👋

The Nimbus Converter is updated and now fully working!

This update was made to counter bad actors from diminishing the health of the ecosystem.

👉 The update involves improving our anti-arbitrage security system.

👉 We added changes to the Converter functionality to prevent users with the intent of arbitrage and price dumping.

👉 Transactions may take slightly longer as there’ll be a process of internal audits.

👉 Tokens won’t be converted right away and could take up to a week depending on the number of pending conversions.

👉 https://app.nimbusplatform.io/#/converter

Stay tuned for more updates!

Hey Nimbus Citizens 👋

Here's your Weekly Nimbus Metrics!

The latest happening in crypto this week 💥

📌 The talent agency WME is expanding into crypto as they sign Web3 developers.
📌 Soul Wallet is working on inventing a self-custodial ETH wallet to assist crypto adoption.
📌 LinksDAO just won a bid to purchase an 18-hole golf course in Scotland.
📌 India and the UAE are exploring facilitating trade in CBDCs.
📌 A ‘final’ law on EU digital wallets is forming as European Parliament vote in its favor.
📌 Coinbase discussed local crypto regulations with Australian banking regulators.

It's Crypto Quiz Time 🙌

Answer the 5 questions correctly to win $20 in $NIMB!

To Enter:
✅ Like & Retweet this tweet 👉 LINK
✅ Give your answer here 👉 LINK

5 winners will be randomly chosen and rewarded 🎁

P.S. Try to avoid using Google or AI 🤗

Happy St. Patrick's Day!☘️

The four-leaf clover is globally recognized as a symbol of luck thanks to St. Patrick's Day.

We wish you luck for the rest of the month!