Bookmarking Crypto Insights
Auto Added by WPeMatico
Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency. Go to Source Powered by WPeMatico
Meta has officially given up on its stablecoin project Diem after more than two years of efforts to launch the digital currency. Go to Source Powered by WPeMatico
“Facebook seems to be the antithesis of what actual consumers want their digital futures to look like,” said Subversive Capital Advisor founder Michael Auerbach. Go to Source Powered by WPeMatico
Meta, formerly Facebook, is reportedly in talks with investment bankers to sell its assets in the cryptocurrency project Diem, formerly Libra. The diem USD stablecoin was supposed to be issued by Silvergate Bank but it failed to get regulatory approval. Meta Reportedly Seeking Buyers for Diem Crypto Project Mark Zuckerberg’s Meta, formerly Facebook, is trying … Read more
It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets. Go to Source Powered by WPeMatico
Myanmar’s military-ruled government is proposing to enact laws that will see users of virtual private networks (VPN) and digital currencies being jailed for up to three years. In addition, offenders will be made to pay fines of up to $2,800. Draft Bill Open for Comments Myanmar’s military-ruled government is proposing to enact a law that … Read more
The social media giant said that the “AI Research SuperCluster” supercomputer is already operational, and it expects it will be fully completed around the middle of the year. Go to Source Powered by WPeMatico
Meta Platforms, Inc., formerly known as Facebook, Inc., is reportedly experimenting with non-fungible token (NFT) technology, according to unknown sources speaking with the Financial Times (FT). Allegedly, Meta is “readying” an NFT feature but it is “at an early stage and could yet change.” Meta and Instagram Are Reportedly Experimenting With NFT Tech A report … Read more
Meta reportedly plans an integration to allow social media users to display their NFTs on Facebook and Instagram. Go to Source Powered by WPeMatico
According to former staff, around 100 people have already jumped ship from Microsoft to Meta alone. Meanwhile, Apple is offering generous bonuses to hold onto their workers. Go to Source Powered by WPeMatico
