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Ex-Meta Coders Raising $200M to Bring Back Diem

In an initiative called Aptos, a group of former Meta coders familiar with the Diem (formerly Libra) stablecoin project are raising capital to bring the Diem blockchain back to life. “The Hash” discusses where Diem stands in the current blockchain ecosystem and potential venture capital interest.

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IG Model Yanna Reacts to Instagram's Algorithm Change, Facebook's Rebrand to Meta and How It Affects Her Business

Following her appearance on "New Money" with Spencer Dinwiddie and Solo Ceesay, Instagram model Yanna joins CoinDesk's "After Show" to catch up with Ceesay and answer viewer questions. She reacts to the recent change in Instagram's algorithm since Facebook's rebrand to Meta. Plus, she hints at her own fitness line and shares advice with viewers on launching their own brands. "Keep building and building ... things will work out."

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From Science Fiction to Virtual Reality: How the Metaverse Started With 'Snow Crash' and Where It’s Going

In this episode of "NFT All-Stars," Metapurse’s Twobador, Marguerite deCourcelle, Jason Bailey (aka Artnome), BT, and Jenny Guo dive into Neal Stephenson’s 1992 novel "Snow Crash," which is celebrated in the crypto space for birthing the metaverse concept. They discuss how Stephenson’s metaverse differs from that of Meta and other tech firms, the formation of digital communities, and the importance of decentralization.

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Meta’s $10B Loss in Metaverse Business Sending Ripple Effect Across Sectors

Metaverse-related tokens took a hit in the past two days as Meta (formerly Facebook) reported a $10 billion loss on its augmented and virtual reality (VR) division in an earnings release earlier this week. How does the setback in Meta’s metaverse strategy impact the market perception of other digital worlds? “The Hash” panel weighs in.

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Meta's $10B Loss in Metaverse Business Sending Ripple Effect Across Sectors

Metaverse-related tokens took a hit in the past two days as Meta (formerly Facebook) reported a $10 billion loss on its augmented and virtual reality (VR) division in an earnings release earlier this week. How does the setback in Meta's metaverse strategy impact the market perception of other digital worlds? "The Hash" panel weighs in.

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The Sandbox Co-Founder Says Meta Acquisition Rumor Is 'Totally Fake'

Responding to swirling speculations Meta (formerly Facebook) is acquiring The Sandbox, co-founder and COO of the metaverse startup Sebastien Borget says "it's totally fake," adding, "I hope it will never be happening." Plus, his thoughts on what Meta is getting wrong about its metaverse plans and the wider race among tech giants to dominate metaverse technology.

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Where Is Diem Creator David Marcus Headed Next?

David Marcus, co-founder of the Diem project (formerly Libra) originally launched from Meta (formerly Facebook), tweeted Tuesday, predicting that bitcoin will be the No. 1 asset in the next 20 years, while the No. 2 asset is yet to be determined. This comes as Silvergate Bank confirmed Monday Diem is shutting down.

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Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down

Meta (formerly Facebook) is joining the Crypto Open Patent Alliance (COPA), a consortium of tech and crypto companies led by Jack Dorsey’s payments company, Block (formerly Square). This comes as Meta winds down its Diem project, reportedly selling its intellectual property to Silvergate Bank for $200 million to pay back investors.

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Meta-Led Diem Now Considering Sale of Assets Amid Increasing Regulatory Pressure

The Diem Association, the Meta Platforms (formerly Facebook)-led group seeking to create a stablecoin, is allegedly considering selling the project's assets to return money to investors. This comes as regulatory pressures have stalled Diem since its conception in 2019. "The Hash" group reflects on Diem and the regulatory lessons to be learned.

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Instagram Disabled Artist's @Metaverse Handle Days After Facebook Rebranded to Meta

Days after Facebook announced its corporate name would become Meta, an artist's Instagram account with the username "@metaverse" was blocked and later reinstated. "The Hash" squad unpacks the latest story calling for the need for actual ownership in Web 3 amid ongoing trademark battles in centralized social media.

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