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Follow BBC East Yorkshire and Lincolnshire on Facebook. Diem formerly known as Libra is a permissioned blockchain-based payment system proposed by the American social media company Meta PlatformsThe plan also includes a private currency implemented as a cryptocurrency.


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Cryptocurrency has been a trending topic ever since Bitcoin surged to all time highs of 68521 per coin on November 5 2021.

. A boy who set up a fake website as part of a sophisticated cyber fraud has had more than 2m of cryptocurrency seized by police. Ex-Facebook security head Alex Stamos has offered to help - for a 10 cut. This cryptocurrency joins a long and growing list of digital coins and tokens that piggyback on random memes or cultural phenomena Cornell.

The change does not apply to. Bitcoin tops 34000 as record rally continues Cryptocurrency. The currency and network do not yet exist.

Consumers and businesses are. Bitcoin hits three-year high as investors jump in. Meme-based cryptocurrency Shiba Inu soared more than 45 over the last 24 hours muscling its way into the top 10 largest digital tokens by market capitalization.

The launch was originally planned to be in 2020 but only rudimentary experimental code has been released. The company said it would better encompass what it does as it broadens its reach beyond social media into areas like virtual reality VR. Facebook says Q3 ad revenue grew 33 YoY to 2828B but warns of continued headwinds in Q4 due to Apples ATT changes in iOS The social media giant also expects its metaverse investments will reduce operating profits by 10B for FY 2021 as it begins breaking out Facebook Reality Labs as its own business segment.

Meme-based coin Shiba Inu rose about 160 this week briefly surpassing dogecoin to become the eighth biggest cryptocurrency by market cap Dogecoin watch out.


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