Tagged: meta

Meta’s Diem Project For Sale: Report

Diem, the digital currency project previously known as Libra created by Meta (NASDAQ:FB) (formerly doing business as Facebook) may be for sale. According to a report by Bloomberg, Diem is on the auction block due to “regulatory pressure.” Initially launched with great fanfare as a… Read More

Gaming and Media Industry are Leading the Metaverse Movement: Report

The Metaverse, a relatively new concept and a term used to describe a shared, immersive digital ecosystem supported by the use of VR and augmented reality (AR) technologies, has quickly become one of the fastest-growing trends in the digital economy. It’s notably a nascent industry… Read More

Digital Collectibles: Meta’s Social Media Networks Facebook and Instagram to Enter Fast-Evolving NFT Markets

Meta’s (NASDAQ: FB) two leading social media networks, Facebook and Instagram, are reportedly looking to enter the fast-evolving non-fungible token (NFT) sector. The tech giant will be focusing on making it seamless for Facebook and Instagram users to issue, trade and showcase their NFTs. As… Read More

Bitcoin focused Tech Firm Casa Comments on Major Privacy and Security Issues Experienced in 2021

The team at Bitcoin-focused firm Casa recently shared some notable privacy and security stories from last year. Casa wrote in a blog post that as technology continues to make advances, the world of privacy and security changes along with it. The end of 2021 saw… Read More

Meta’s Novi Digital Wallet Now Allows Transfers in Paxos’ Stablecoin USDP via WhatsApp

Meta, formerly known as Facebook (NASDAQ:FB), has enabled its digital wallet Novi to transfer funds using Paxos’ dollar-based stablecoin USDP via WhatsApp – another Meta company. Paxos is a top digital asset platform in the US that has pursued a compliance-first approach to providing crypto… Read More

House Financial Services Committee Hearing on Digital Assets Provides Insight into Regulatory Needs of Crypto Industry

Earlier today (December 8, 2021), the House Financial Services Committee held a hearing on digital assets. As was previously reported, the witnesses included top crypto executives and thus provided the opportunity for a unique discussion between House members and crypto entrepreneurs. Chairwoman of the Committee,… Read More

“Split Payments” Debuts on Facebook the Week of Dec. 6

Facebook – Meta (NASDAQ:FB) announced today it will begin testing Split Payments on Messenger next week. They tout it as a method to improve the ability to split bills like dinners or rent. To begin, users should click “Get Started” in a group chat or… Read More

David Marcus, Diem / Libra Leader at Facebook Plans Exit: Report

David Marcus, the lead executive at Facebook / Meta (NASDAQ:FB) heading the charge for Facebook’s botched attempt to create a digital currency is exiting the firm to “pursue other projects,” according to a report in Bloomberg. Marcus joined Facebook from PayPal in 2014. According to… Read More

Facebook Meta Rebrand Reveals Cryptocurrency Investor Sophistication

Facebook’s recent rebranding to Meta (NASD:FB) provides some interesting lessons for cryptocurrency investors, an industry analyst suggests. Genesis’ head of markets Noelle Acheson said Facebook’s pivot to acting as a metaverse company produced an immediate spike in the value of some metaverse platform tokens. MANA,… Read More

Meta Trading Platform Coinrule Raises More Than £410,000 in Funding Through Recently Launched Seedrs Round

Coinrule, a UK-based meta trading platform, has raised more than £410,000 through its recently launched equity crowdfunding campaign on Seedrs. The funding round originally sought to raise £250,000 from nearly 440 Seedrs investors. Founded in 2018, Coinrule allows its users to set up rules-based cryptocurrency… Read More

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