The rollout will start on Instagram this week, and Mark Zuckerberg revealed that NFT integration is also coming to the Meta family of apps, including Facebook.
Reality Labs, Meta’s metaverse and AR division, has been recording rising losses since 2019, burning as much as $10 billion in 2021—and the losses this year is expected to be higher.
Meta is allegedly hoping to launch virtual coins to be used on the platform. The move comes after the firm suffered a $230 billion or a 25% drop in the value of its stock in a single day in February.
In this episode of the CoinGeek Weekly Livestream, host Kurt Wuckert Jr. shares his thoughts on COPA’s new member, the Fed's digital dollar, the price of Bitcoin, and BSV's latest projects.
The CEO has threatened to shut down Facebook and Instagram in Europe if Meta isn't allowed to process European data on U.S. servers; however, it's unclear how it would make up the lost revenue.
Diem is reportedly in talks with Silvergate Bank for the sale of the Diem project’s assets as it seeks to refund the early investors such as Coinbase and a16z.
Led by its Chairman Xi Jinping, China is all in on blockchain as Bahamas explores CBDC. Regulators are also stepping up their game as blockchain makes its mark
Founder and CEO Mark Zuckerberg said Facebook would “work through” the regulatory challenges before proceeding with the launch of Libra.
Congress worries that Facebook has already proven terrorists know how to abuse it, while Zuckerberg points out other companies are in on this too.
Mark Zuckerberg, founder of Facebook, believes that decentralization is the future and wants to see it in Facebook. But first, he wants to answer open questions so it can be done the right way.