Mark Zuckerberg News

15.02 / 23:13

Facebook Digital JPMorgan JPMorgan opens metaverse lounge

With Facebook changing its name to Meta as Mark Zuckerberg bets bid on the Metaverse, JPMorgan's paper suggests that the "opportunities presented by interactive, digital worlds seem limitless".Says the paper: "The success of building and scaling in the metaverse is dependent on having a robust and flexible financial ecosystem that will allow users to seamlessly connect between the physical and virtual worlds.

13.02 / 03:31

Blockchain Technology Adoption Real Estate Metaverse is booming, bringing revolution to real estate

Mark Zuckerberg might claim the Metaverse is the future — but in the eyes of others, the future has already begun. Science fiction author Neal Stephenson coined the term “Metaverse” back in his 1994 novel, Snow Crash. Within the pages, the main character, Hiro Protagonist, navigates through the virtual world.

09.02 / 19:37

Facebook Blockchain Ethereum Threat Why Blockchain's Biggest Threat May Be Facebook

Blockchain technology, now used by mainstream companies worldwide, such as JPMorgan Chase & Co. (JPM) and Toyota Motor Corp. (TM), to run parts of their operations, faces a major threat. According to several critics, including one of the respected leaders in the computer science world, Mihai Alisie, co-founder of Ethereum, the blockchain of choice for most business and finance projects, Facebook Inc.’s (FB) foray into the cryptocurrency space is bad news for technology.

04.02 / 19:25

business Facebook NFT Majority of US consumers say no to Meta owning metaverse data: Survey

A survey of 1,000 United States consumers around growing interest in the metaverse has revealed some interesting results.

04.02 / 12:59

Stablecoin Adoption Gold New gold-based stablecoin by trading giant Mitsui reportedly on the way

Japanese trading house Mitsui is reportedly planning to issue a cryptocurrency pegged to gold, local news agency Nikkei Asia reported Friday.

04.02 / 05:57

business Facebook virtual reality Meta Platforms share price Rise of Web3: Metaverse tokens surge as Meta’s share price plunges

Meta Platforms, the parent company of Facebook, saw the largest single-day slide in market value for a U.S. company ever with a 26% fall in share prices on Thursday after the tech giant revealed disappointing earnings and a decline in daily active users.

04.02 / 00:31

business Funding Venture Capital Crypto Biz: The crypto industry is more bullish than the Bitcoin charts, Jan. 27–Feb. 2

Is Bitcoin (BTC) in a bull market or a bear market? Has the current market cycle already peaked or can we expect another leg higher? Venture capital funds don’t seem to care either way. They’re too busy building equity in promising blockchain plays.

03.02 / 10:27

Facebook market value Mark Zuckerberg Meta has to face the reality of $200bn loss in market value

Just a few months ago, Mark Zuckerberg was bobbing around in the metaverse as a legless avatar. Today in the real world, his company is staring at a roughly $200bn loss in market value.

02.02 / 19:59

Facebook Libra Stablecoin Congress end Vale Diem: How Facebook’s ambitious stablecoin project came to an end

On Jan. 31, Meta, formerly known as Facebook, announced that it was pulling from its stablecoin project, Diem, formerly known as Libra. Intellectual property and other assets related to the operations of the Diem Payment Network were to be sold to Silvergate Capital Corporation, essentially meaning the end to Mark Zuckerberg and his corporations’ stablecoin aspirations, at least in their current shape. This also marks the end of a once-groundbreaking initiative that was revealed in 2019 with a promise to bring a global alternative to fiat money to Facebook’s 2-billion-strong user base. Here is how this plan went from the initial announcement to the shutdown.

02.02 / 12:43

Facebook Ethereum cryptocurrency Bitcoin Death knell for Mark Zuckerberg's crypto dreams after regulators block Meta's Diem

A once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets sold to bank holding company Silvergate Capital.

01.02 / 12:11

Facebook Libra Stablecoin Mark Zuckerberg’s stablecoin project Diem officially shuts down

Meta, formerly branded as Facebook, has officially announced the closure of its digital currency project Diem after years of major efforts to move forward with the initiative.

31.01 / 21:19

Facebook AXY Infinity Could You Become a Metaverse Millionaire with Axie Infinity (AXS), The Sandbox (SAND), and Seesaw Protocol (SSW) in 2022?

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

29.01 / 20:47

Blockchain Technology Adoption The Metaverse will change the live music experience, but will it be decentralized?

As the two-year anniversary of the global COVID-19 pandemic begins to hurtle toward us, we are no closer to knowing when our social lives will return to normal or what will the new normal be. The effect this has had on businesses like nightclubs, music venues and musicians have been immeasurable. With crowded in-person events either made impossible — or far more difficult and laborious — at many points over the last two years, changes to the industry that were already set in motion have been accelerated. Namely, the music industry’s adoption of digital instruments, among others and, increasingly, the Metaverse.

27.01 / 21:51

business Facebook ETF Investments Holdings Zuck got PUNKed — new Metaverse-linked ETF shorts Meta shares in holdings

An exchange-traded fund linked to companies involved with the Metaverse launched on the Cboe BZX Exchange — shorting shares of Facebook’s parent company, Meta.

27.01 / 09:05

Facebook cryptocurrency Platform Mark Zuckerberg's Cryptocurrency Project Unravels, Reportedly On Sale

Mark Zuckerberg once defended Diem, a crypto initiative backed by Meta, in front of U.S. lawmakers.

26.01 / 12:15

Stablecoin Meta Meta-Led Diem Reportedly Aims to Sell Assets to Pay Back Investors

The Diem Association (formerly known as Libra Association), the Meta-led project that once aimed to create a stablecoin accessible to everyone in the world, is reportedly attempting to sell its assets as a way to return capital to its investors.

26.01 / 05:09

business Facebook Libra Zuckerberg's Diem reportedly weighing sale after stablecoin plans falter

Meta-backed crypto initiative “Diem” is reportedly trying to sell its assets, seemingly calling time on Facebook founder Mark Zuckerberg’s grand ambitions for a stablecoin to act as the internet’s currency.

25.01 / 12:57

Facebook Digital Platform Meta to Build World's Fastest Supercomputer for Metaverse, Mark Zuckerberg Confirms

Meta is reported to be building the world's fastest artificial intelligence supercomputer.

25.01 / 06:39

Facebook Adoption Metaverse Meta Meta unveils Metaverse AI supercomputer, claims it will be world’s fastest

Facebook’s parent company Meta says that its newly-created artificial intelligence (AI) “Research SuperCluster” (RSC) will “pave the way” towards building the Metaverse.

21.01 / 22:23

Facebook Twitter Platform NFT Wars: Facebook owner Meta and Twitter reveal ambitious NFT plans

The sudden bullish reversal in the non-fungible token (NFT) market’s downtrend has been accompanied by a host of companies revealing their own plans for marketing them. Social media moguls have indicated over the week that they won’t be left behind, with Mark Zuckerberg’s Meta Platforms leading the pack.

10.01 / 14:15

Adoption Altcoins Investing Bitcoin Legendary Investor Bill Miller Injects 50% Of Personal Funds Into Bitcoin, Altcoins

Famous value investor Bill Miller has disclosed he invested 50% of his personal funds into bitcoin (BTC) and several other cryptoassets, leveraging his crypto investments.

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