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🚀 The metaverse just got a whole lot bigger! 🌌
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | TGIF, Geckos! On Wednesday, El Salvador's president, Nayib Bukele, announced that his country had purchased an additional 420 Bitcoin (BTC). The acquisition brings the total amount of Bitcoin purchased by the country to 1,120 BTC. At current pricing, the new acquisition is worth approximately $24.7 million, and it comes more than a month after Bukele disclosed the purchase of 150 BTC. In today's news, Facebook goes 'meta', The US DOJ seeks a crypto enforcement unit director, and Alchemy synthesizes more money. Read on! | | |
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| Facebook Is Now Meta Facebook has renamed its parent company Meta as part of a metaverse effort, unveiled today at its metaverse-themed Facebook Connect presentation. Meta will be the corporation's name as a whole, with existing services such as Facebook and WhatsApp falling under the Meta umbrella. "I think we're basically moving from being Facebook first as a company to being metaverse first," Zuckerberg said following the keynote. Decrypt | | The DOJ Is Walking The Talk The United States Department of Justice (DOJ) seeks a director to lead its newly formed National Cryptocurrency Enforcement unit. The director will head a team of expert prosecutors in investigating and prosecuting cryptocurrency cases to counteract the use of cryptocurrency as an illicit tool. Depending on an applicant's expertise, the job will pay between $144,128 and $172,500. CoinDesk | | Crypto Alchemist Scores $250M Series C Alchemy, a blockchain infrastructure provider, is the newest company to join the unicorn crypto club, having closed a $250M Series C investment round that values the firm at $3.5 billion. The company provides services ranging from node management, communication points handling within a blockchain network, to its Alchemy Monitor. The investment round was led by Andreessen Horowitz, with participation from Lightspeed, Redpoint, Coatue, Addition Capital, Panter, and DFJ. TheBlockCrypto |
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Cryptoassets are unregulated in some EU countries and in the UK. No consumer protection. Your capital is at risk. | | | ASIC Resistant Typically used within the crypto world to describe the proof-of-work protocols that aim to prevent the use of ASICs for mining. Typically, this is achieved by making certain adjustments such that a ASIC will not have any competitive advantage over consumer hardware, or through inclusion of many various algorithm that makes it difficult for ASICs to have an edge against regular hardware. The aim of ASIC resistant algorithms are usually to avoid the centralization of mining in that typically happens as ASIC machines. Learn about other Crypto terms here | | | | Here are the top trending coins for this week! | | | | | "WOODLAND CAMO"Artist: Quiccs Gallery: MakersPlace The Woodland Camo is representative of the Military Camo Pattern which is popular within the Hip Hop fashion scene. Quiccs' version of this pop culture staple features a pattern made of the Crossbones Bulletpunk logo. Check out other NFTs on CoinGecko ___________________________________________________________________
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