Daily Crypto NewsEDITION #338, 29 October 2021

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🌌 Hey Moni Maker

Today, in 2004, the movie "Saw: Survival Game" was released in wide release. Ha, what do these suckers know about survival? What do they know about a huge red candle flying down? And about FOMO when your mate deposited a couple of hundred bucks and raised 10-20k from it, and you just stupidly forgot to do it? What do they know about liquidation? So and so and so.

Digest will teach you how to survive in this wild cryptocurrency wasteland. Let's go!

Social media giant Facebook is changing its name to "Meta" as part of a rebrand meant to highlight the company's new focus on developing "the metaverse."

"From now on, we're going to be metaverse first, not Facebook first," CEO Mark Zuckerberg said Thursday.

So what?

Mark, you have a lot of past credit - we love you and troll you in a friendly way. But if you change your name to Steve Jobs, you won't make a new Apple...

China’s technology standardization body will issue a national standard for blockchain next year, said an official from the China Electronics Standardization Institute, according to news site Chuanguan.

– The institute has drafted a standard and is in the process of approving it;

– Standards are fundamental to an industry and brought the example of WiFi or Bluetooth; without a unified standard, devices from different manufacturers wouldn’t be able to connect to the network;

– Once the standard is set, the body will look into drafting evaluation criteria around it, so that a “benign” ecosystem;

So what?

There was a crisis with electricity in China, and then another "ban" of crypto is nothing more than a reflection on what was happening.

They banned him for the sake of Fad, but then they had to ban him because of the problems. Remember the boy who yelled about wolves?

Naib Bukele wants to be a hero of our time. Or be like Elon Musk. Or just Twitter followers.

Okay, we'll remind you that Naib Bukele is the president of El Salvador. So in the fall, he bought off BTC again, but now he got creative and took 420 BTC.

The cherry on the cake was a tweet about this action. Memes!

How Solv Protocol will help you to buy and sell allocations & vestings? What Financial NFTs are? Dive into the post!

There's a big investment company called ARK Invest. Well, an investment company is when boring people do boring things and earn less than meme-coin holders.

Anyway, ARK Invest bought 2.2 million shares of Robinhood. They bought them right on the downside when prices dropped below the IPO. Like, look: we can do your memes, too.

Seriously though, Robinhood isn't doing so well at all. The stock plummeted in price after one dog overtook another. And revenue is down 78% from last quarter. But, if ARK Invest bought off, they see long-term potential for the company. Yes, that's how adults invest, analyzing something there for the long term. So boring!

Morning Brew's Twitter account put out a FOMO tweet. It tracked down a wallet that bought $SHIB in August for $8k. Now that $8k has turned into $5.7 MILLION.

For a second, it is almost the fortune of Donald Trump. It is multiplied by two.

Everyone has written about that. And what we want to say is that FOMO kills more than any virus. We should not compare ourselves to other people's successes because we do not know the fate of the token holder. Remember those "lucky people" who won millions in the lottery? Where are they all?

Breathe in, breathe out. You can lie down on the bed. Just don't let the dog in.

Hash is a function that satisfies the encryption requirements for blockchain computations. It is a fixed-length alphanumeric code that is used to represent words, messages and data of any length.

And more you can find in our Glossary!

And you...buy Bitcoin! (it's a good time!)