Daily Crypto NewsEDITION #327, 21 June 2022

Gem City is decentralising the Internet

Hey Moni Maker 👾

Today, the Gem City Expert Centre stated that despite the Great Mass Adoption, the Internet is still centralised. That's why all the coders and developers of Gem City decided to unite to make the Internet more decentralised and safer to use. And also to make it accessible and stable!

Follow our Telegram and Twitter to make the Internet decentralised! And remember...

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Start Arbitrum Odyssey at 17:00 UTC

1) https://rift.finance/  

Let's start? Fabric is a protocol for synthetic trading on Solana blockchain launched early 2021.

It provides synthetic version of USD, BTC, SPY, XAU and other assets giving users the ability to gain exposure for different sectors of economy without leaving Solana blockchain.

One of the main parts is a FABPunks NFT collection of 10,000 unique Punks which was sold out in a few minutes late 2021. Holders of this collection earn a share of the royalties from PUNKs sold on secondary markets as well as rewards from the FABRIC in trade fees.

DYOR? Grab the link!

Due to the hostile (terrible, nightmarish, ambiguous - underline necessary) market conditions Bancor's liquidity protocol has decided to suspend Impermanent Loss protection. That's what the official Bancor Twitter told us today.

"OK! They suspended so what" - you might say. So, yes, but as always, there is one nuance. A Twitter user with the nickname Hasu thinks Bancor is a scam and calls the printing of new BNT tokens protection against IL.

What do you think of it? 

Oldfashioned cryptocurrency exchange Kraken has listed the project's NEAR token. Seemingly, what's the big deal? However, Kraken is an exciting exchange, and we will tell you why it is good. Yes, and positive news is somehow lacking, even small ones. 

Kraken, as said before, is an old exchange and is famous for its crypto conservatism, meaning they have views from the days when crypto was fun only for enthusiasts loyal to the ideas and ideals of the crypto movement. 

Kraken's reputation as a good exchange has been preserved, and a listing on it still means something, unlike C...well, you get the idea. So happy for NEAR, and you can check out the details here.

Tuesday marks the official start of the highly anticipated event for all drop hunters - The Arbitrum Odyssey Weeks. We'll tell you what's up.

Starting on June 21st, get involved in all kinds of stuff using the Arbitrum ecosystem, this week, you'll need to use the bridge, for example, and get things like NFT, and then you'll get some drop. 

So if you want to get more, come here for more details 

So, look, we need a copywriter for the team. What's the job? 

- Write posts, guides and articles

- Post them on the site 

- Full-time  

- Native English

- SEO knowledge (will be cool, but can be without it) 

What we will give: 

- Salary TBD

- Adequate (to a degree) team without bureaucracy 

- Perks TBD

Be ready for a little test task! Write here: @gryazin 

p.s. as you see our English is not so good, so we need you :D

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