Daily Crypto NewsEDITION #341, 11 July 2022

Gem City is building a new blockchain

Hey Moni Maker 👾

The Gem City DAO decided today that, for now, it will finally build a dedicated blockchain for projects whose blockchains have refused to work for whatever reason. It will be called "Blockchain Migration", meaning that projects will migrate there if their blockchains fail and then migrate to other, more working blockchains.

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1) https://rift.finance/

2) https://teletype.in/@cryptocholy/research.sequoia   

3) https://koii.network/

You've probably got a mate who says "ohhh complicated f@ckin' thing" when you hear the word "DeFi". So here we go. VVS Finance is trying to build a simple DeFi platform. So you can swap easily, get returns and have fun. Let's have a look at what's out there by product. 

- Bling Swap. Well, that, understandably, is a swap platform. You can also provide luqidity and get LP tokens, and then earn 0.2% fees for transactions of those assets you've liquified. 

- Crystal Farms. Well, that's clear, farming. 

- Glitter Mines. There's VVS token staking.

- IGO. It's coming soon. You will be able to participate in IGO projects on Cronos. VVS itself lives on Cronos. 

DYOR? Use this link

Solana's official Twitter account has a video and a form where you can enter your email and wait for some updates. 

What is it? Who will tell? We don't know. Someone says it's a drop. Someone says some platform launch is coming. Well, btw put your email - here. 

p.s. waiting for a mass mailing with Solana opening times at the weekend :D 

The formula is simple: the worse the economic situation - the more crooks - the more crooks - the more people lose their dough. Let's make sure we don't join their ranks, ok? 

There's news sweeping through the telegram bazaars that some group or scammer has launched a bunch of sites, and when you connect to them, you'll see a red text in Metamask like the one in the screenshot. If you sign this shit, all your dough goes into the pocket of a satisfied scammer.   

Stop feeding the scammers! 

So the truth is simple: don't approve the transaction if you see these red letters. Always, always check what you're signing.   

Press: Ethereum gives a fight! Is the market growing? Where to throw the stablecoins? Digest has thrown!   

Let's read on the website, or right via the Moni App! 

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