Facebook Financial News
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.
31.01 / 11:33
Facebook
Blockchain
Provident
WhiteBIT Cryptocurrency Exchange Enters the Metaverse with TCG World
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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 / 20:27
Facebook
Platform
BlackRock
BlackRock mulls metaverse options as Goldman sees $8tn Web 3 opportunity
The world’s largest asset manager says the augmented reality technology being explored by firms like Meta, previously branded Facebook, is something that all businesses “will have to embrace”.
27.01 / 15:47
Facebook
Platform
BlackRock
BlackRock mulls metaverse investment options in $8tn Web 3 opportunity
The world’s largest asset manager says the augmented reality technology being explored by firms like Meta, previously branded Facebook, is something that all businesses “will have to embrace”.
27.01 / 13:27
Facebook
cryptocurrency
Digital Currency
Meta
Facebook's cryptocurrency venture to wind down and sell tech assets
Meta Platforms Inc's digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter. Meta, formerly Facebook Inc, first unveiled plans for Diem, known as Libra earlier, in June 2019, as part of an effort to expand beyond social networking into e-commerce and global payments. The project immediately ran into fierce opposition from policymakers globally, who worried it could erode their control over the money system, enable crime, and harm users' privacy.
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 / 22:39
Facebook
Digital
Tether
Platform
regulatory
Meta’s Diem stablecoin project to be sold off amid regulatory bottlenecks
Stablecoins, digital coins pegged to a traditional currency, grew around 450% to approximately $156 billion in 2021 from 2020. Tether remains the largest stablecoin with a market capitalization of >$78 billion followed by USDCoin at around $48 billion. That said, Stablecoins became a hot topic in Congress as US lawmakers eyed new regulations.
26.01 / 20:21
Facebook
Blockchain
Ethereum
Platform
After carrying out trades worth $12B in Ethereum NFTs, OpenSea begins to eye Solana
The Non-fungible token (NFT) market is booming, and at its helm is the top NFT marketplace – OpenSea. Or at least it used to be before it was overtaken by the newly launched LooksRare. The latter is now handling traffic worth more than double the figures registered by OpenSea.
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 / 14:30
Facebook
Metaverse
Meta
Meta’s AI Supercomputer to 'Pave the Way' Towards Building the Metaverse
Giant social media company Meta (previously Facebook) has unveiled its plans to build a powerful AI supercomputer, called the AI Research SuperCluster (RSC) — which Meta claims is already among the fastest such supercomputers in the world.
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.
24.01 / 20:37
Facebook
Blockchain
Digital
Platform
Future
Web 3.0 Set to Go Mainstream in 2022; Looking Into the Future of a Decentralized Ecosystem
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
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.
21.01 / 11:17
Facebook
UPS
Platform
International
Why You Should Know About United Investors Group International
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20.01 / 19:10
Facebook
NFT
Non-fungible tokens
Instagram
NFTs Might Reach Facebook & Instagram as Meta Mulls NFT Marketplace - Report
Facebook and Instagram-owner Meta is reportedly working on its own plans for allowing users to create, trade, and display non-fungible tokens (NFTs) from their social media platforms.
20.01 / 18:54
Facebook
Microsoft
Platform
Deal
Microsoft deal shows that Meta doesn’t own the metaverse
Facebook didn’t invent the metaverse or even coin the term, though it has managed to trademark it. The company now known as Meta Platforms hardly has a lock on the idea either.
20.01 / 18:03
Facebook
Adoption
NFT
Metaverse
Profiles
Meta reportedly plans to integrate NFTs on Facebook and Instagram profiles
Multinational tech conglomerate Meta is reportedly diving into nonfungible tokens (NFTs) by integrating a feature that will let users show off their NFTs on their Facebook and Instagram profiles. According to the report, Meta is currently working on prototypes that will allow users to mint collectible tokens.
12.01 / 04:53
business
Facebook
Microsoft
Apple
Meta Platforms
Meta poaches staff from Microsoft and Apple for Metaverse plans
Employees from Microsoft and Apple are jumping ship to join Meta Platforms as the company sets its sights on creating the Metaverse.
12.01 / 00:05
markets
Facebook
Blockchain
Technology
Meta Platforms
eToro rolls out smart portfolios for new metaverse investors
Brokerage firm eToro introduced MetaverseLife, a new smart portfolio covering stocks and crypto-assets from within the growing metaverse industry, on Jan 11. The company stated that its goal is to offer a diverse range of investments made for long-term exposure.
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