Meta Exploring Non-Blockchain-Based Virtual Currency: Report
The company’s plans for NFT features on Facebook and Instagram also continue to advance.

Facebook Owner Meta Sued by Australian Consumer Watchdog for Scam Crypto Ads
The Australian Competition and Consumer Commission says Facebook and Instagram linked fake media articles linking crypto deals to unknowing celebrities.

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.

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."

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.

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.

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.

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.

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.
