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How's your day going, Geckos?

The Ethereum (ETH) Foundation has decided to remove all references to Eth1 and Eth2.

The decision is in favor of calling the original blockchain the "execution layer" and the upgraded chain the "consensus layer."

The foundation thinks that removing Eth2 terminology will spare all future users from navigating a confusing mental model.

In today's news, FTX announces a $400M Series A funding, IMF urges El Salvador to drop Bitcoin legal tender status, and Binance partners with Argentinian Soccer Association.

Read on!

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What is CryptoCars and How to Start Playing the Game

CryptoCars, a reminiscence of Subway Surfers game but allows you to earn CCAR tokens while racing! Cool thing is, this crypto game is playable on mobile!

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FTX US Attains US$8B Valuation

FTX US has announced an $8 billion valuation after raising $400 million in Series A investment.

SoftBank Group Corp and Temasek Holdings co-led the Series A fundraising, with additional participation from Paradigm and Multicoin Capital.

The funds will be utilized to expand the FTX user base, establish new business lines, and examine strategic investments and acquisitions.

Reuters

IMF Urges Removal Of BTC As Legal Tender

The International Monetary Fund has advised El Salvador to suspend Bitcoin (BTC) as a legal tender.

The IMF emphasized that the use of Bitcoin poses significant threats to financial stability, financial integrity, and consumer protection.

El Salvador became Bitcoin legal tender in September, and the country's president has become a prominent supporter of the cryptocurrency.

CoinDesk

Binance X Argentinian Soccer Association

Binance has inked a partnership with the Argentinian Soccer Association (AFA).

The collaboration enables the corporation to become the primary sponsor of all Argentinian soccer teams worldwide.

The partnership, which will span five years, is the exchange's first collaboration with a national team.

Bitcoin.com

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Listen in as we invite Stephen Young, co-founder of NFTfi on-board to share his insight on the #NFT space and the challenges linked with NFT-type loans and how NFTfi aims to pave the way for NFT loans!

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