Barry Silbert was bullish on bitcoin in 2014; however, in 2017-2022, he turned to a multi-chain and speculation/trading-based investment strat, leading to one of the major bankruptcies of this bear market.
The decision by Ireland's Data Privacy Commissioner (DPC) found that Meta had illegally forced users to accept personalized ads by placing the legal consent within the terms of service.
The Irish Data Protection Commission assessed Facebook search, FB messenger contact importer, and Insta contact importer tool and found that they violated compliance with GDPR’s obligations for data protection and design by default.
The social media giant also announced that digital collectibles were now available to every Instagram user in the 100 countries where the feature is available.
Meta pleads the court to allow documents alleging it profited off 'crypto' investment ads that turned out to be scams to remain confidential, which the Federal Court of Australia finds 'strange.'
Six senators, including Elizabeth Warren, wrote a letter to the Meta CEO demanding to know how he is fighting scams after readmitting ads.
Meta introduced NFTs to Instagram in May and is now expanding to Facebook as well, but is avoiding the controversy and calling them digital collectibles.
Instagram users in Africa, the Americas, the Middle East, and the Asia-Pacific regions can now post digital collectibles from three blockchains without charge.
Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its big bet on a proprietary metaverse continues to bleed money.
Novi users will lose all access to the wallet in September as Meta urges them to withdraw their funds, ending the roller coaster that has been the Diem project.
George Samuels went over why the "patent war" in the enterprise blockchain space is an important one to watch and why most of the digital currency market is asleep at the wheel.