Novi – DIGIT INFO

Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability

DIGIT — Sat, 10 Sep 2022 00:00:35 +0000

Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will be directed to continue growing Sui’s infrastructure […]

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Hacker Selling 1 Billion Chinese Citizens’ Data for 10 BTC, Zuckerberg’s Meta Ends Novi Project, and More — Bitcoin.com News Week in Review

DIGIT — Sun, 10 Jul 2022 12:00:08 +0000

In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a hacker claims to have stolen a massive amount of Chinese citizens’ personal data from Shanghai police, and now wants to sell it for ten bitcoins. Also, Mark Zuckerberg’s Meta has ditched the Novi project, after unveiling a new metaverse wallet. These stories […]

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Meta Ending Crypto Project Novi After Mark Zuckerberg Unveiled Metaverse Digital Wallet

DIGIT — Sun, 03 Jul 2022 03:00:03 +0000

Meta Platforms, formerly Facebook, has announced the end of its crypto project Novi. Users are advised to withdraw funds as soon as possible. The announcement followed the introduction of a digital wallet for the metaverse, announced by Meta CEO Mark Zuckerberg. Crypto Project Novi Ending Facebook owner Meta Platforms Inc. (Nasdaq: META) announced Friday that […]

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Diem team members raise $200M to launch blockchain derived from it

DIGIT — Wed, 16 Mar 2022 02:06:38 +0000

“Since departing Meta (formerly Facebook) we have been able to put our ideas into motion, ditch bureaucratic red tape, and build an entirely new network,” Aptos stated.

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Report: Meta and Instagram Are Exploring an ‘Early Stage’ NFT Feature

DIGIT — Thu, 20 Jan 2022 17:00:44 +0000

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 […]

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Novi Launches Whatsapp Integration Pilot Program for Selected Users in the U.S.

DIGIT — Fri, 10 Dec 2021 10:30:27 +0000

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 […]

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Meta’s head of crypto to step down at end of year

DIGIT — Wed, 01 Dec 2021 05:30:01 +0000

In explaining his decision to leave Meta, David Marcus said that his entrepreneurial DNA had been nudging him “for too many mornings in a row to continue ignoring.”

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US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe

DIGIT — Thu, 21 Oct 2021 00:00:00 +0000

A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven wholly insufficient,” […]

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Facebook’s Novi Launches Pilot Program in Guatemala and US Using Pax Dollar

DIGIT — Wed, 20 Oct 2021 07:30:04 +0000

Novi, Facebook’s digital wallet, will launch a pilot program to test the functionality of the service in two countries: Guatemala and the U.S. The test will allow Novi to test all of its main functions and to evaluate what things need to be improved before launch. Novi will use pax dollars as the main currency […]

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Senators pressure Facebook to ‘immediately discontinue’ Novi wallet pilot

DIGIT — Wed, 20 Oct 2021 04:00:07 +0000

Facebook’s crypto wallet has been shot down by banking committee senators just hours after it launched a pilot.

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