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“# Rise of Web3: Metaverse tokens surge as Meta’s share price plunges ” Meta Platforms, the parent company of Facebook, saw the largest single-day slide in market value for a U.S. company ever with a 26% fall in share prices on Thursday after the tech giant revealed disappointing earnings and a decline in daily active…
“# Vale Diem: How Facebook’s ambitious stablecoin project came to an end ” On Jan. 31, Meta, formerly known as Facebook, announced that it was pulling from its stablecoin project, Diem, formerly known as Libra. Intellectual property and other assets related to the operations of the Diem Payment Network were to be sold to Silvergate…
“# Diem stablecoin co-founder praises Bitcoin for censorship resistance ” Shortly after Meta, formerly Facebook, officially gave up on its stablecoin Diem, some of the key people in the project have become increasingly vocal about the uncensorable nature of Bitcoin (BTC). David Marcus, a co-founder of Diem, originally known as Libra, took to Twitter on…
“# Jack Dorsey: Diem was a waste of time, Meta should’ve focused on BTC ” Twitter founder Jack Dorsey said that Meta’s failed cryptocurrency project Diem was “wasted effort and time,” and it should have focused its efforts on “making Bitcoin more accessible for everyone.” MicroStrategy CEO Michael Saylor interviewed Dorsey on Tuesday at his…
“# Mark Zuckerberg’s stablecoin project Diem officially shuts down ” Meta, formerly branded as Facebook, has officially announced the closure of its digital currency project Diem after years of major efforts to move forward with the initiative. Announcing the news on Monday, Diem CEO Stuart Levey confirmed that Meta is selling intellectual property and other…
“#There’s A New ‘Hot Mugshot Guy’ In Town — The ‘Fit Felon’! ” Wanted: UK’s hottest criminal?? On Thursday, the West Yorkshire Police Department released a mugshot of a convicted burglar, Jonathan Cahill, who is being recalled to prison after breaking the terms of his early release last September, having already served part of his…
“#Alicia Witt Discusses ‘Aching Heart’ Following Parents’ Shocking Deaths ” Walking Dead alum Alicia Witt is grateful for the immense support she has received since her parents Robert and Diane’s shocking deaths. As we’ve reported, the couple were found dead in their Massachusetts home in December. While official autopsy reports have not been released, authorities…
“#Government has no business rooting out ‘misinformation’” Asked by MSNBC’s Mika Brzezinski about the alleged misinformation spread by the popular “Joe Rogan Experience” podcast and Facebook users, US Surgeon General Vivek Murthy responded with a homily about how “we” must “root out” misleading speech. “We” don’t have to do any such thing. Government officials have…
“#Instagram, TikTok pull ad linking ADHD with obesity” Instagram and TikTok removed an ad from a mental health care startup that claimed a link between obesity and attention-deficit hyperactivity disorder, or ADHD. The ad that was put out by Cerebral — which was taken down for promoting negative body images — features a young woman…
“# Zuck got PUNKed — new Metaverse-linked ETF shorts Meta shares in holdings ” An exchange-traded fund linked to companies involved with the Metaverse launched on the Cboe BZX Exchange — shorting shares of Facebook’s parent company, Meta. The Subversive Metaverse ETF, listed under the ticker PUNK, opened for trading at $25.15 on Thursday. The…