Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs?
Experts share how Bored Ape Yacht Club’s success has changed the NFT landscape for good. Go to Source Powered by WPeMatico
Auto Added by WPeMatico
Nigeria Based Storage Provider Says It’s Too Risky for the World to Rely Centralized Cloud Storage Platforms
In the past year, internet giants like Amazon and Google all experienced outages which were blamed on errors and failed upgrades. The occurrence of such outages and their impact around the world again highlighted the importance of having a decentralized internet. Also, just like how the Covid-19 pandemic showed the world that blockchain-based digital currencies … Read more
Instagram Is ‘Exploring NFTs’ to ‘Make Them More Accessible to a Wider Audience,’ Says CEO
According to the CEO of Instagram, Adam Mosseri, the social media application is looking into non-fungible token (NFT) technology. During an ask-me-anything (AMA) session on Instagram, Mosseri said that the company wants to make NFTs “more accessible to a wider audience.” Instagram CEO: ‘We Are Definitely Actively Exploring NFTs’ Following the firm’s parent company Facebook … Read more
Creator Community Rally Taps Ex-Facebook Employee as General Counsel
Creator community Rally has announced it has a new general counsel, Rob Collier, who comes from a pedigree of leading the compliance efforts inside Facebook/Meta’s key crypto initiatives, Novi. Collier joins an already accomplished group of executives that worked at some of the largest web2 social and creator-focused platforms such as Patreon, Twitter, YouTube, Kickstarter, … Read more
Novi Launches Whatsapp Integration Pilot Program for Selected Users in the U.S.
Novi, the remittance and payments initiative of Meta (formerly Facebook), has launched a Whatsapp pilot test for customers in the U.S. This means that a small number of Whatsapp users will be able to send and receive payments, as well as purchase digital dollars directly from the interface of the messaging service. This is an … Read more
WhatsApp starts testing currency payments with Meta’s Novi wallet
Some U.S. activists previously asked the DOJ to stop Meta from offering its digital currency wallet Novi on its platforms. Go to Source Powered by WPeMatico
Discussion on crypto and major tech firms combine in hearing over decentralization of digital ecosystem
“The point of crypto is to have true decentralization — the projects that succeed will be the projects that achieve that,” said Brian Brooks. Go to Source Powered by WPeMatico
Former Facebook engineers at Mysten Labs raise $36M for Web3 infrastructure
“We believe fundamental limitations in existing crypto infrastructure are frustrating broader adoption of web3,” said Mysten’s team, citing the scalability of existing chains as well as the lack of interoperability of many smart contracts. Go to Source Powered by WPeMatico
Meta Relaxes Facebook’s Cryptocurrency Ad Policy — Says Crypto Continues to ‘Mature and Stabilize’
Meta, formerly Facebook, has relaxed its policy for cryptocurrency advertisements, making it easier for companies to run crypto ads on its platform. “We’re doing this because the cryptocurrency landscape has continued to mature and stabilize in recent years and has seen more government regulations that are setting clearer rules for their industry,” the company explained. … Read more
BREAKING: Meta expands crypto advertisement eligibility on Facebook
The company said it will allow many more crypto and blockchain advertisements on Facebook and Instagram due to expanded eligibility terms. Go to Source Powered by WPeMatico
