Nimbus Weekly News

The environmental, social, and governance (ESG) trend has finally reached the crypto business, and a growing number of institutional investors are wary of investing in “contaminating currencies.” Vitalik Buterin anticipated this problem, which is why the so-called difficulty bomb was implemented to help reach the eventual aim of switching to PoS and Ethereum 2.0.

Nimbus team is also working on the green development

Defi platforms continue to get compromised by hackers. This time, internet pirates have stolen $7 million from BurgerSwap

As mentioned earlier, the Defi sector held up well throughout last week’s sell-off, demonstrating that DEX activity and consistent coin stability indicate that the sector is ready for broad adoption. Regardless of what happens, new users continue to join the Defi ecosystem.

Finally, Shark Tank’s Kevin O’Leary announced that he is launching Defi investing company

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Trephason Reuben

Blockchain evangelist, Crypto and DeFi enthusiast, creative thinker and a content creator.