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Unrealized Metaverse, Dogs, and 20 Crypto Jokes – Cryptonews

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It’s time to wrap up yet another exciting week in crypto – and what a week it was! Crypto “dogs” have been entangled in a fierce fight which ignited yet another pump of other dog and cat-themed tokens, Shiba Inu fans could learn a lesson from Dogecoin, and Floki Inu ads flooded the city of London. As if that’s not enough, someone conducted a fake half-billion CryptoPunk sale, and Facebook renamed itself to Meta after announcing its plans to conquer the metaverse.
Overleveraged crypto traders have not yet learned their lessons again and caused yet another half a billion liquidation spree but El Salvador’s president Nayib Bukele has bought the dip and left his anti-BTC critics in silence. Meanwhile, ethereum (ETH) bounced back from the dip even stronger and even tested a new all-time high ahead of its Altair hard fork while Cream Finance (CREAM) suffered another exploit and lost USD 100 million.
Regulators continue to engulf the industry as Financial Action Task Force (FAFT) released its updated guidance and seems to have decentralized finance (DeFi) and non-fungible tokens (NFTs) in its crosshair. At the same time, the US Securities and Exchange Commission (SEC) is moving ahead with its stablecoin crackdown plan and US Commodity Futures Trading Commission (CFTC) is looking for a crypto regulatory role, too. Besides, the US Federal Deposit Insurance Corporation has joined the fun as well and is working on a roadmap for banks to engage with crypto assets as the country’s top politicians are mulling a controversial unrealized gains tax. Other countries are not falling behind and are paving the way for “regulated” crypto innovation – Argentina’s Futures Options Exchange and Australian Securities and Investments Commission have joined the crypto ETF rush. Still, they have lots of catching up to as Nigeria has launched its central bank digital currency – eNaira, and Mastercard sprints towards integrating global bitcoin payments to its network.
Yes, that’s a lot to digest. Let’s try that again but this time in memes.
___
The era of FAANG finally turned into…
Meanwhile, in crypto markets…
Sounds reasonable.
Never say inflation three times into the mirror…
Just another day in the office…
Finally a decent analysis… 
Welcome to the Printaverse. 
What a steal! 
“I was just a businessman…doing business…” 
Now we have the Byzantine Dog’s problem. 
This is bullish. 
Who needs intimacy when you have Ethereum.  
Oops… 
Their loss…I guess… 
This is going to revolutionize the eye-ball economy. 
Call your accountant now! 
Meanwhile at the Bitcoin Twitter… 
NFTs are the future of the future. 
The crypto economy is backed by leveraged traders.
Self-made.

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Meta's losses show the metaverse's costly risk – Insider Intelligence

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Facebook parent Meta launches startup accelerator with India’s IT ministry in metaverse push – TechCrunch

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Meta Platforms is looking at India’s burgeoning startup ecosystem as it bolsters its bet on the metaverse. The social juggernaut has partnered with the Indian IT Ministry’s startup hub to launch an accelerator in the country to broaden innovation in emerging technologies, including augmented reality and virtual reality, officials said Tuesday.
MeitY Startup Hub and Meta’s effort, called XR Startup Program, will work with 40 early-stage startups and help them in research and development and developing workable products and services. Each startup will also receive a grant of over $25,000, the American giant said.
The program, supported by Meta’s $50 million XR Programs and Research Fund, will initially hand pick 80 startups to attend a bootcamp. It will also help startups with finding customers, inking relationships and raising funds, Meta said.
Rajeev Chandrasekhar, Minister of State for Electronics & Information Technology and Skill Development and Entrepreneurship, said the program is especially aimed at helping encourage technology innovation in smaller cities and towns.
The XR Startup Program is the latest of Meta’s growing participation in the South Asian market’s upskilling efforts. The firm, whose Facebook and WhatsApp services identify India as their largest market by users, partnered with Central Board of Secondary Education, a government body that oversees education in private and public schools in the country, to launch a certified curriculum on digital safety and online well-being, and augmented reality for students and educators in the country.
The program — to be implemented by four Indian institutions, including IIT Delhi — will also host a “grand challenge” for innovation in categories including education, healthcare, entertainment, agritech, climate action, sustainability and tourism, the American giant said.
“India will play a pivotal role in defining future technologies. Decisions and investments made here in India now shape global discussions on how technology can deliver more economic opportunity and better outcomes for people. It is critical that we help to create an ecosystem that will enable India’s tech startups and innovators to build the foundations of the metaverse,” said Joel Kaplan, VP of Global Policy at Meta, in a statement.
Meta’s interest with working with startups in India is also not newly found. The company has backed three startups in the country, including social commerce platform Meesho and online education group Unacademy.
3 views: Is the metaverse for work or play?

“India’s rapid tech adoption combined with a vast pool of tech talent puts the country in a vantage position for shaping the future of the internet,” said Ajit Mohan, VP and MD of Facebook India, in a statement.
“For this future to be equitable, it will require active participation from all stakeholders, including developers, businesses, creators, policymakers, and entrepreneurs. We are excited to collaborate with MeitY Startup Hub and hope that the XR Startup Program will act as a catalyst to unlock the use of immersive technology across sectors like education, healthcare, agritech and tourism, not only in India but across the globe.”

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WHAT IS QUILVIUS (QVUI)? LET'S EXPLORE THIS UPCOMING METAVERSE CRYPTO PROJECT – Asianet Newsable

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WHAT IS QUILVIUS (QVUI)? LET’S EXPLORE THIS UPCOMING METAVERSE CRYPTO PROJECT  Asianet Newsable
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