Instagram Financial News
11.08 / 04:49
NFT
Metaverse
Instagram
Support
Experts thumbs up Meta's move to support NFTs on Instagram
Meta, formerly known as Facebook, has taken another step ahead towards the creation of metaverse. The company recently announced rolling out NFT support for instagram. Despite widespread mainstream skepticism toward NFTs and crypto space, the world's largest social media company intends doubling down on the technology.
04.08 / 21:13
markets
Instagram
Meta Ceo
Insta-rally! FLOW token jumps 50% amid Instagram adoption euphoria
Flow (FLOW) logged its best daily performance on Aug.4 after becoming the latest blockchain to support Instagram's nonfungible token (NFT) features.
29.07 / 19:57
Football
Instagram
Ukraine war: What you need to know this Friday
Russia and Ukraine accused one another on Friday of bombing a prison in separatist-held eastern Ukraine, which killed scores of Ukrainian prisoners of war.
01.07 / 13:31
23.06 / 00:55
Facebook
Blockchain
Ethereum
Instagram
testing
Meta set to begin testing NFTs on Instagram Stories with SparkAR
Instagram's parent company Meta announced Wednesday that it will begin testing NFTs on Instagram Stories using its augmented reality platform SparkAR.
22.06 / 20:19
Facebook
NFT
Instagram
Meta Developing Metaverse Wallet as Social Media Giant Doubles Down on NFTs
Social media giant Meta is working on a wallet for the metaverse as the company is expanding its NFTs test and launching new features for creators on Facebook and Instagram.
06.06 / 06:23
Facebook
Telegram
Instagram
Bitcoin
Social media blamed for $1B in crypto scam losses in 2021
The Federal Trade Commission has labeled social media and crypto a “combustible combination for fraud,” with nearly half of all crypto-related scams originating from social media platforms in 2021.
18.05 / 14:19
Blockchain
Twitter
data
Instagram
Why decentralized messaging apps will replace today’s social media platforms
The Russian government has cracked down on foreign social media platforms such as Instagram, Facebook and Twitter, banning them for extremist activists. For protestors, activists and local civilians, these actions have resulted in a significant barrier to communication with the outside world. Furthermore, they have also raised the question of just how easy of a target these apps are for state authorities. With citizens unable to access these platforms, they have little choice but to flee to the next-best still active platforms.
11.05 / 08:47
Art
Social Media
Sport
Instagram
Nifty News: Azuki founder under fire, CryptoPunk sells for a major loss...
The founder of the $723.5 million Azuki NFT project who goes by “Zagabond” online caused a sh*tstorm yesterday after revealing that they had previously worked on three noabandoned NFT projects. After facing strong backlash from the NFT community, they have since apologized for their “shortcomings.”
09.05 / 18:27
Ethereum
Gaming
Instagram
Bitcoin
testing
Instagram Starts Testing NFTs, Roubini's Dollar Replacement Plan, Bitcoin Inflows Return, Ethereum Outflows Slow Down + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
09.05 / 18:25
business
Facebook
NFT
Instagram
Collectibles
week
Meta will test digital collectibles on Instagram starting this week
Mark Zuckerberg, CEO of Facebook’s parent company Meta, said that the company is starting to test digital collectibles on photo and video sharing platform Instagram this week, signaling a move toward adding nonfungible tokens, or NFTs.
02.05 / 07:53
Metaverse
US Fed
Meta
Instagram
Can Meta's Q1 show impact the 'Metaverse' theme?
Meta (erstwhile Facebook) reported better-than-expected earnings in the March quarter. The company reported a revenue of $27.91 billion, with an EPS of $2.72. The company had 2.94 billion active users on a monthly basis, with an average revenue per user (ARPU) of $9.54. However, its recently created Facebook Reality Labs (FRL), the metaverse division, reported a first quarterly loss of $2.96 billion. The company had announced its earnings earlier this week.
12.04 / 11:57
Facebook
Adoption
Instagram
testing
Meta Begins Testing ‘Tools’ for Metaverse ‘Digital Asset’ Sales
Meta, the company formerly known as Facebook, may have turned its back on its once-grand stablecoin plans, but it is far from done with digital forms of money – with its metaverse pivot leading it to create “tools” that will let its users sell “digital assets.”
07.04 / 17:07
Instagram
Financial Times
Meta plans virtual currency, creator coins for its apps: Report
Meta Platforms Inc is readying plans to introduce virtual tokens and cryptocurrencies to its family of apps with an aim to use such virtual tokens for rewarding creators and lending and other financial services, the Financial Times reported on Wednesday. The move, which is reported to be in its early stages, comes as Meta grows its focus on services centered around the metaverse, a virtual environment where people interact, work and play. If implemented, it could also give Meta a new revenue channel and control over transactions in its suite of apps and services, which include Facebook, Instagram, WhatsApp and the Meta Quest virtual reality platform.
07.04 / 11:05
Facebook
NFT
Social Media
Instagram
NOT
Meta to Introduce Virtual Tokens that Are Not Cryptocurrency - Report
Meta, the parent organization of social media platforms Facebook, Instagram, and WhatsApp, is reportedly drafting plans to introduce virtual coins that are not based on a blockchain.
28.03 / 09:29
Ethereum
Instagram
Bitcoin
week
Crypto week at a glance: Top tokens gain amid positive news flow
Bitcoin managed to reverse its losses and gained up to 7 per cent, following the rate hikes by the US Federal Reserve, which had a very low overall impact on the market. On Sunday, Bitcoin was trading above $44,600 levels, whereas Ethereum topped the $3,100 mark. Other altcoins followed the suite and were trading with decent gains. Despite the volatility, Bitcoin stayed above the $34,000, the level it broke in January 2022. However, it has dropped about 40 per cent from its peak of nearly $68,000 it scaled in November 2021.
16.03 / 11:35
Adoption
NFT
Instagram
Meta Ceo
NFTs Coming to Instagram in ‘Several Months’ as Metaverse is 'Next Chapter of the Internet' - Zuckerberg
Meta-owned major photo and video social network Instagram might start supporting “some” NFTs “over the next several months,” according to multiple reports, citing Meta CEO Mark Zuckerberg. He also stressed the importance of the metaverse for his company.
14.03 / 09:03
Instagram
Refugees
Ukraine war: US says Russia asked China for military assistance
The US says Russia has asked China for military help for the war in Ukraine. The claim comes ahead of a key meeting in Rome between senior American and Chinese security officials on Monday.
01.02 / 12:57
Adoption
Artists
Instagram
Kanye West says no to NFTs
Kanye West won’t be purchasing a Bored Ape Yacht Club nonfungible token (NFT) any time soon.
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.
17.12 / 17:45
Facebook
Blockchain
Twitter
Instagram
new cryptocurrency
Hardware wallet and live app pairing provide all-in-one functionality for new cryptocurrency users
Although the traditional payment system is effective in many ways, no solution ever arose to address cross-border transactions, transparency and fees lost to intermediaries, giving the world a digital currency to rally behind. Unfortunately, for the average investor to take advantage of these benefits, the process was often cumbersome, met with the complexity of navigating multiple platforms.
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