Facebook brings NFTs to its 2.9 billion users
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.
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.
U.S. Department of the Treasury's Office of Foreign Assets Control said that cybercriminals regularly used Tornado Cash to launder money amounting to more than US$7 billion since 2019.
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.
Meta is shutting down its Novi wallet. The social media company is asking its users to withdraw their funds—either by transferring them to their bank accounts or withdrawing them as cash.
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.
In an SEC form 8-K filing Meta revealed that it is changing its public listing ticker on the Nasdaq stock exchange from 'FB' to 'META,' which will take effect on June 9.
Meta requested five trademarks for "Meta Pay," the description of the goods and services for the trademarks cover notes that the name will be used to offer "financial transaction processing services."
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.
Some individuals in the "cryptocurrency space" are promoting false beliefs that open-source software is free and has no copyright, and devs don't have liability for the software they are developing.
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.