πŸš€The 1st Rule of Crypto Fight Club is to tell everyone about it πŸ₯Š

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    πŸš€The 1st Rule of Crypto Fight Club is to tell everyone about it πŸ₯Š

    Happy Wednesday, Geckos!


    Digital Investment Group is partnering up with Fidelity National Information Services (FIS) to build a crypto trading framework for US banks.


    According to Patrick Sells, NYDIG's bank solutions chief, many banks have already signed on.


    Although most of them are smaller banks, many of the larger financial institutions are considering participating as well.


    This move could open the floodgates as banks will be directly competing with other platforms like Robinhood.


    In today's news, Crypto.com sponsors a football match, Open DeFi is creating a DAO, and Andre Cronje is set to fight Crypto Messiah.


    Read on!

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    As the blockchain wars continue to heat up in the second quarter of 2021, yield farming is no longer an activity purely reserved for Ethereum users. The simple act of staking your assets into a platform to earn more tokens has quickly become popular on other blockchains such as Binance Smart Chain and more recently, Solana.


    If you are looking to expand your crops, check out our new article by our WINning analyst, Win Win.


    More Crypto Organisations are Flexing their Marketing Prowess

     

    Crypto.com (CRO) is one of the first companies to count themselves as sports sponsors.


    The exchange will be sponsoring the final of Italy's football cup, Lega Serie A, which marks the first partnership between a professional football league and a crypto platform.


    To commemorate the event, a collection of non-fungible tokens (NFTs) will be issued which will feature the trophy, match highlights, and more. 


    CoinDesk

    DAO Shall Govern Open DeFi

     

    Open DeFi will be governed under a DAO through the issuance of a new governance token.


    Launched in 2020, Open DeFi is an organisation that aims to facilitate collaboration between Western and DeFi projects.


    The global alliance consists of over 20 members, including DeFi giants like Aave (AAVE), Balancer (BAL), and Synthetix (SNX)


    Cointelegraph

    Crypto Fight Club is Happening!


    Andre Cronje, founder of Yearn.Finance (YFI) is set to fight Crypto Messiah, a longstanding resident of Crypto Twitter.


    What appeared to start out as a rage session about Cronje's alleged scams has evolved into a gentlemans' agreement on a boxing match.


    The fight will be held in Dubai, to which $1 million worth of Fantom (FTM) tokens will be donated to a yet-to-be-decided charity.


    Bitcoin.com

    Faucet


    A faucet usually represents a site or app where a user can navigate to for small rewards repeated over time. Certain sites that monetize faucets involve requiring users to watch advertisements, or complete certain actions before earning their rewards. Faucets are commonly used during the early days of Bitcoin where users are able to request Bitcoin for free, or in many different altcoins as a marketing move to get users interested in the coin.

     

    Learn about other Crypto terms here

    NFT of the Day πŸ–ΌοΈ


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    Artist: pplpleasr

    Gallery: Foundation

     

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