Zuckerberg makes another meta move, Coinbase subscription and other news

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Metaverse News

While building “for the metaverse,” half (previously Facebook) is updating their Subscriptions product “so creators can now earn more.” “We are launching a promotional link for creators for their membership offer. When people sign up via this link, creators will keep the money they earn (minus taxes), ”said CEO Mark Zuckerberg. He wrote in a post, adding that the company is also “launching a bonus program that pays creators for each new subscriber they earn as part of our $ 1 billion creator investment announced this summer.”

Exchange news

Coinbase is testing a new subscription-based service that would give users access to advanced features, Block reported, citing materials they reviewed. benefits of the service include free operations and priority phone support “even on holidays and weekends,” according to the report.

In addition, Coinbase Announced are acquiring an artificial intelligence-based support platform Agar, which operates in India and the United States and continues to build its technology hub in India. platform will help automate and improve the customer experience on the exchange, they said.

Crypto.com Announced is partnering with a competitive live entertainment platform Twitch Rivals become the first official global marketing partner for Twitch Rivals and the first official marketing partner for Twitch Rivals in Asia Pacific. As the official marketing partner of Twitch Rivals, Crypto.com will have category exclusives, in-stream brand segments, media placement, Twitch event activations and more, they said.

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People’s Bank of China (PBOC), China’s central bank, has increased the number of people with yuan digital accounts to 140 million, with 10 million corporate accounts created, Bloomberg reported. Transactions in e-CNY reached CNY 62 billion ($ 9.7 billion) in trials started in approximately a dozen regions.

A central bank digital currency (CBDC) network could save global businesses more than $ 100 billion annually in transaction costs for cross-border payments. according to a relationship of consulting company Oliver Wyman and megabank JP Morgan. report estimates that of the nearly $ 24 trillion in wholesale payments that cross borders each year, banks incur more than $ 120 billion in total transaction costs, making the CBDC ratios “very convincing, “they added.

Mining news

Bitcoin (BTC) mining company Digital Stocks Marathon Announced that they mined 17.7 BTC in October, increasing total bitcoin holdings to around 7,453 and received around 42,381 Bitmain ASIC miners year to date, with an additional 3,285 currently in transit. company’s existing mining fleet consists of 27,280 active miners producing around 2.96 EH / s, they added.

Lao government expects to earn LAK 2 trillion ($ 193 million) in revenue from Bitcoin mining, the first time such revenue would come from mining and trading the digital currency in the country. according to the star. expected revenue comes after the government recently gave the green light to six companies to experiment with a program to mine and exchange cryptocurrencies in Laos.

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Investment news

Blockchain / crypto venture funding in 2021 has risen 384% to date compared to all of 2020, and this year reached $ 15 billion in the first nine months, while the 2020 total was $ 3 billion. .1 billion dollars, according to the CB Insights research firm. In addition, only in the third quarter there was an average of 4.5 transactions per working day, for a total of 286, an increase of 71% compared to the same period last year and the second highest number in history, after of the second quarter of 21, in which 291 agreements were lifted. .

Cryptocurrency lender Red Celsius Announced is acquiring a cybersecurity company GK8. Celsius and GK8 will now provide an enterprise-grade custody platform for banks and financial institutions offering protection of digital asset services against cyberattacks, they added.

NFT News

Announced plateau non-fungible token metaverse (NFT) platform raised $ 18 million at a $ 300 million valuation in a funding round led by Animoca Brands. funds will be used to scale the team and create more partnerships with the brands, they added.

NFT Technologies Faze platform raised $ 17.4 million in an initial funding round led by Tiger Global, according to Economic Times. y have also entered into a strategic partnership with Dapper Laboratories.

Philadelphia 76ers NBA Club Announced the launch of the team’s first Legacy NFT collection in collaboration with Crypto.com. Each custom-designed collectible in a series of 13 coincides with a significant moment in the history of the Spectrum-era franchise and falls on the “Spirit of 76” night when the team dons their City Edition kit.

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