3 Reasons Why Web3 Needs Protocols And Not Service Providers

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Opinions expressed by Entrepreneur contributors are their own.A considerable amount of hype has developed surrounding what is known as “ Web3 .” Web3 is essentially based on distributed ledger technology and many companies are using Web3 as an umbrella term to describe alternative utilities and marketplaces built on an underlying blockchain . There are many…

Ex-Meta employees raise $200M from a16z, Tiger, Multicoin to realize Facebook’s crypto dreams

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Facebook’s audacious attempt at creating a crypto payments network met an unceremonious end earlier this year when Silvergate Capital acquired the Diem technology assets for $182 million .The deal showcased how Facebook, now Meta, is left with few regulator-blessed paths forward to become a central player in the blockchain ecosystem, a realization which has also…

Twitter Adds New Payment Options to Its Tips Feature

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Blockchain Twitter Adds New Payment Options to Its Tips Feature Users can now add an Ethereum address Tips now works with Barter by Flutterwave (Africa), Paga (Nigeria) and Paytm (India)Twitter By David Cohen8 mins ago Twitter added new payment options to its Twitter Tips monetization feature.David Cohen @9Number9 David Cohen is editor of Adweek’s Social…

Facebook-funded cryptocurrency Diem winds down – BBC News

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Facebook-funded cryptocurrency Diem winds down Published 1 day ago Meta’s experiment with cryptocurrency, Diem, is shutting down. The Diem Association, which runs the project, announced the sale of assets of the cryptocurrency venture to Slivergate Capital Corporation for $182million . Launched as Libra in 2019, the project quickly ran into opposition from policy-makers. The association…

Facebook-funded cryptocurrency Diem winds down

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Facebook-funded cryptocurrency Diem winds down Published 1 hour ago Share close Share page Copy link About sharing Image source, Getty Images Meta’s experiment with cryptocurrency, Diem, is shutting down. The Diem Association, which runs the project, announced the sale of assets of the cryptocurrency venture to Slivergate Capital Corporation for $182million . Launched as Libra…

Top 3 reasons why Facebook cryptocurrency journey ended suddenly

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Top 3 reasons why Facebook cryptocurrency journey ended suddenly Over the past few years, cryptocurrency has been gaining huge traction and many top firms are investing.However, while cryptocurrency shows a lot of positive investment signs, there are a lot of dangers associated with it.Facebook (Meta) like other top manufacturers threw its hat in the cryptocurrency…

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