Meta has enabled support for NFTs across Facebook and Instagram, allowing its users to post the digital collectibles they own on both social platforms. This and more news in this practical summary daily so that you are always informedwith events most recent that occur within the crypto world.
Facebook and Instagram users can now publish their NFTs
📍Mark Zuckerberg's company allows all its users to share NFTs directly on the social networks Facebook and Instagram. According to a blog update this Monday, all Facebook and Instagram users can now connect their digital wallets to either social app to share their NFTs or digital collectibles on both networks.
The new feature enabled by Meta allows users to post the digital collectibles they own to both Facebook and Instagram at the same time.
This feature was enabled a few weeks after Meta will launch support for NFTs on Instagram for a group of selected creators in the United States and 100 other countries around the world, giving them the ability to upload non-fungible tokens to the social network.
Rune Christensen: DAI must be completely decentralized
📍In Maker, a governance proposal that seeks to protect the decentralization of DAI will cause it to lose its stability. Maker founder Rune Christensen has said that to protect DAI, the stablecoin has no other path but to move towards true decentralization. So Christensen plans to introduce a governance proposal in which he will propose the total decentralization of the stablecoin, which implies its decoupling from the dollar.
Christensen's plans to decouple DAI from fiat currency arose in response to the sanctions and regulations that governments, such as the United States, are imposing on the crypto industry and the actions that these sanctions have triggered in some companies. subject to complying with the regulation. Christensen explained that, by its nature, DAI is unable to meet the demands of regulators, so “it has no choice but to prepare to float freely.”
Blockworks cryptocurrency researcher Westie Capital pointed out on Twitter the most important aspects of the governance proposal that Christensen will make in favor of the total decentralization of DAI.
CME Group launches new BTC and ETH derivatives
📍CME Group, the world's largest derivatives exchange, has launched new euro-denominated Bitcoin and Ether futures. The derivatives market reported that its investors can access two new derivatives of Bitcoin and Ethereum, the futures Bitcoin Euro and Ether Euro. According to CME Group, these futures contracts are based on the strong demand and deep liquidity achieved by US dollar-denominated BTC and ETH futures contracts.
Tim McCourt, global head of equity and FX products at CME Group, noted that these two new crypto futures contracts will provide its institutional clients, inside and outside the United States, “the most precise and regulated tools to trade and hedge exposure to the two largest cryptocurrencies by market capitalization.
Decentraland and Taco Bell design weddings in the Metaverse
📍On Twitter, fast food restaurant chain Taco Bell is inviting people to get married in Decentraland. The Ethereum-based metaverse could be the scene of several weddings this year. Both Decentraland and Taco Bell are inviting people to participate in a contest to win the chance to get married legally within this virtual world.
Weddings in the Metaverse are not something new. Last month, Edwin Tong, Singapore's minister of culture, community and youth and second law minister, said he was considering the Metaverse as a space where provide legal services to its citizens and carry out judicial processes, including civil marriages, among others.
Continue reading: Charles Hoskinson announces Vasil deployment date
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