Facebook’s Meta plans on exploring NFTs and DAOs in 2022

Happy Friday, everyone! The global crypto market cap is $2.38 trillion with a 24-hour volume of $100.

CryptoSlate Newsletter @cryptoslate

Happy Friday, everyone! The global crypto market cap is $2.38 trillion with a 24-hour volume of $100.61 billion. The price of Bitcoin is $50,946.60 and the BTC dominance is at 40.5%. The best performing cryptoasset sector is Education, which gained 15%.

Facebook's Meta plans on exploring NFTs and DAOs in 2022 Facebook's parent company Meta is reportedly looking to achieve "deep compatibility" with blockchain technology, a New York Times report revealed this week. cryptoslate.com

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Looking into the NFT crystal ball of 2022 The days when NFTs were solely about cartoonish penguins and mutant apes are gone. cryptoslate.com

Footprint Analytics: Guide to Moonriver (MOVR) Founded in 2015, Polkadot has been the focus of much attention this year due to its parachain auctions. cryptoslate.com

Reformed maxi Erik Vorhees joins the burning debate spurred by Jack Dorsey's Web3 rant Jack Dorsey's recent comments surrounding the concept of Web 3 stirred up a fiery discussion among the crypto community on Twitter–bringing out all shades of tribalism, maximalism, and cypherpunk righteousness. cryptoslate.com

Survey shows 44% of student loan borrowers plan to invest in crypto or NFTs Since the onset of the student loan freeze in the US in March 2020, 18% of borrowers have been using the extra money to invest in crypto or NFTs, a recent study showed. cryptoslate.com

Binance announces implementing a new auto-burn procedure for Binance Coin (BNB)  Going forward, Binance will be implementing a new automated protocol for removing Binance Coin (BNB) tokens from circulation–replacing the old quarterly burn procedure. cryptoslate.com

Coinbase CEO sued over allegedly stealing a blockchain startup's work Blockchain accelerator MouseBelt labs has recently filed a complaint against Coinbase CEO Brian Armstrong in California's Supreme Court. cryptoslate.com

The Dogecoin Foundation reveals big plans for $DOGE in 2022 The Dogecoin Foundation has released a "trailmap" detailing its plans going forward. cryptoslate.com

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