NIМВUS | Official News Channel

2021-10-13 17:59:41 Hey Nimbus Community,

We’re here to announce our newest exciting educational venture — The Nimbus Academy Proficiency Test Series!

All you have to do is choose the answers that you think apply from the given lists of options! Once you’ve done that, you’ll see the correct answers.This way, you can both have fun and test the knowledge you’ve gained through the Nimbus Academy over the past 2 months!

Ready? Answer the questions below Open / Comment

2021-10-11 21:40:32 Are you having trouble navigating your way around the Nimbus Platform?

If yes, we’ve got you covered!

Down below, you can find all the guides on different Nimbus functionalities and dApps

Nimbus Staking Guide Here and  Video Version  Here
How to switch between the Ethereum and Binance Smart Chain networks Here
Updated Nimbus Swap Guide Here
 Lending dApp Guide Here
Wrap Machine Guide Here
Peer-to-Peer Exchange dApp Guide Here

If you still experience any difficulties interacting with our functionalities, you can always get in touch with our chat admin @Viktor_Nimbus_Support  or with Nimbus support, here  https://nimbushelp.zendesk.com/hc/en-us  Open / Comment

2021-10-08 21:12:43 ​​Your Nimbus Team continues to work harder than ever to deliver results, and we’re back with another sprint report.

Let’s dive in!

 Wrap Machine:

Earlier with the Wrap Machine, you could view specific details about the transaction only before you executed the wrap (ERC-20 to BEP-20 token transfer and vice versa). We're talking about the number of NBU or GNBU tokens inserted into the Wrap Machine, the gas fees, the number of tokens received after the transfer, etc.

Now, we have ensured that these details are displayed after the wrap has been made. Also, the transaction history with all the relevant details is saved and can be viewed every time you connect your wallet to the Nimbus Platform.

 Revamped “Roadmap” section of the website:

Currently, the roadmap on the website shows dApps and products that have already been released, as well as the products that are in development — in a separate section.

We are working on a new section called "Now in development," where you will be able to track the work of the Nimbus tech team on products that are being developed on a weekly basis.

Want to know what exciting products your Nimbus Team is working on?

Visit the Roadmap now  Here!

 Analytics Page:
We’re also working on improving the data on the analytics page to show real-time numbers and values. Currently, it does hold some flaws since the data is collected via a third-party server. We have done the necessary research and found a more optimal solution — to create our own novel code and implement it to show relevant analytics and data.

405 minor infrastructure improvements were implemented

We'll be back with another sprint run soon — hope you all have a great weekend! Open / Comment

2021-10-08 19:17:43 ​​ Your weekly crypto digest is here

Despite China's recent ban of all cryptocurrency transactions, bitcoin not only didn’t rush down but also returned above $50,000 for the first time since early September. One of the reasons could be attributed to the fact that the Chairman of the US Securities and Exchange Commission, Gary Gensler, said that the regulator does not plan to ban cryptocurrencies or impose harsh measures against digital assets. By the way, earlier, the head of the Fed, Jerome Powell, made a similar statement.

No surprise even the family office of billionaire George Soros has invested in the first cryptocurrency. According to the head of the Fund, bitcoin has even more long-term potential. Bloomberg believes that the fact that the Soros family office, which manages money for the billionaire philanthropist, now publicly has some skin in the crypto game adds to the legitimacy of the sector. It should also be noted that other major institutions seem to favor DeFi as well.

Finally yet importantly, according to Bank of America, the digital asset industry could become “one of the most exciting markets” in the coming years. The universe of digital assets with a capitalization of over $2 trillion and more than 200 million users is too large to ignore. Additionally, Bank of America believes that corporations may in the future be more willing to consider adding digital assets to their balance sheets for diversification. Open / Comment

2021-10-07 22:31:16 Read Nimbus Statement regarding El Pais's recent false claims Here! Open / Comment

2021-10-05 21:21:59 ​​ White hacker got paid the highest reported bounty fee of $1M so far for averting a bug crisis on Belt finance...
~$80M worth of COMP tokens have been mistakenly offered to users as rewards...
Cream Finance lost $19M in a flash loan attack...

To prevent such instances from ever causing grievance to our community, we have built an ultra-reinforced three-layer security system for the Nimbus Platform.

Nimbus Platform security defense lines are as follows:
For newly developed smart contracts — two phases of testing via autotests and manual testing:
First round of manual testing — done by testers
Second round of manual testing — done by test managers
Final cross-checking done by pen testers
The smart contracts are reviewed by our primary auditors — Chaitin or Hacken
Then comes the Bug Bounty

While we are constantly working to keep Defence lines & active and effective, all Bug Bounty Hunters can come on board and help us with the line of defense: our ongoing Bug Bounties!

While you do that, your efforts can be rewarded with up to $10,000 for every critical vulnerability detected!

Join the program, now Here! Open / Comment

2021-10-04 21:03:27 Hey Nimbus Community,

If you are tired of long text guides but still keen to discover more about how the Nimbus Platform works, we've got some news for you!

We have prepared a video guide on Nimbus Staking for you to watch and learn the art of making the most of our 6 staking conditions!

Check out the guide  here

Do you like this format? If so, put a like and we’ll create more video guides on other functionalities for you soon! Open / Comment

2021-10-01 16:29:19 Welcome to the pilot episode of the Nimbus Academy Panel Discussions

This is where top DeFi & Traditional Finance experts explain how you can benefit from DeFi and get prepared for the next market move.

The topic of this episode is:
How to catch the next wave of DeFi today and avoid the pitfalls along the way?

Meet our Panel Members who are seasoned experts in the Blockchain, DeFi, and CeFi space:

Jorge Sebastiao — the former CEO and Current Advisor of Nimbus Platform, who was awarded as the “Middle East’s Most Impactful person of the Year”.
Mohammad Salman Anjum is a crypto and DeFi educator who has been named as a “Top 100 Blockchain Leaders in the World”, also Founder and Chief Mate at Invoice Mate.
Gordon Einstein — the founding partner of CryptoLaw Partner, hybrid Crypto Attorney, Technologist, and Enterprise Strategist.

In this panel discussion, you will learn about:
How to catch the next big wave in DeFi?
What are the key DeFi trends you can benefit from in the near future?
How to avoid pitfalls of the industry?
Emerging DeFi solutions that you certainly shouldn’t miss. For instance, the upcoming Nimbus development: Islamic DeFi, which could market the 2 billion Muslim users eager to enter the industry.
Is DeFi here to overthrow traditional finance - or they can live in peace?
...And much more!

Let us know if you like this format — and if so, which topics and experts you’d like to see in the next episodes?

Tune into the Panel Discussion #1 Here! Open / Comment

2021-10-01 14:37:03 ​​ Stay up to date with Nimbus digest!

Some things never change and the FUD about the crypto ban in China is one of them. This week a series of media outlets spread the news that the world's second-largest economy declared all transactions involving cryptocurrencies such as bitcoin illegal and stepped up a crackdown on illegal mining of them in the country. What they forgot to mention is that similar crackdowns have been announced already years ago, the only difference is that this time regulator has blocked access to major cryptocurrency-related websites, including CoinGecko, CoinMarketCap, and TradingView via its internet firewall. Someone is scared of losing control over its monetary system… but let’s be honest, eventually decentralization will win.

Despite growing regulatory pressure, Coinbase released a new function that allows users to get paid in bitcoin and other cryptocurrencies by enabling direct deposit of paychecks into Coinbase accounts. By the way, PayPal, SoFi, Chime, and Robinhood already offer crypto-related services to go along with their core products. Revolut, on the other hand, is looking to launch its token. Do you think we will see Facebook, Amazon, Google, or maybe JPMorgan coins too?

Last but not least, where do you think is the center of the crypto economy now? According to Chainanalysis in Central, Northern, & Western Europe (CNWE). Curiously, an influx of institutional investment, signaled by large transactions, drove most of the growth, though retail activity also increased. Open / Comment