Meta Files “Meta Pay” Trademark Applications Hinting at Cryptocurrency Services
Meta Platforms Inc. – the owner of the Meta (formerly Facebook) brand – filed for five trademark applications on Friday under the name of “Meta Pay”. They appear to be…
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Flow Launched a $725M Fund Backed by a16z, DCG, Coatue
NBA Top Shot’s host blockchain Flow announced a new $725 million Ecosystem Fund backed by its parent company’s investment arm, Dapper Ventures, and crypto-focused VCs, including a16z, Coatue, and Digital…
Former Meta Executive David Marcus Unveils Bitcoin-Focused Startup
David Marcus has announced the launch of a new company called Lightspark, which aims to expand on the utility and capabilities of Bitcoin. This comes months after he left Meta’s…
Meta’s Instagram Tests NFTs as Facebook Plans to Follow Suit Soon, Says Zuckerburg
In a conversation with web3 entrepreneur Tom Bilyeu, Meta CEO Mark Zuckerberg revealed that Instagram has begun testing NFTs. One of Meta’s other platforms, Facebook, will soon adopt similar functionalities.…
Dfinity Sues Meta for Trademark Registration of a Logo Similar to Theirs
On April 29, Dfinity — a not-for-profit organization that develops the Internet Computer protocol— filed a lawsuit in California against Meta Platforms, claiming that the company was using a logo…
Meta to Launch Retail Store for the Metaverse
As it eyes to transform itself into a metaverse leader, Facebook owner – Meta Platforms – is all set to launch its first physical store. The company’s CEO, Mark Zuckerberg,…
Meta’s Metaverse Under Fire From Facebook Whistleblower
Former Facebook product manager Frances Haugen rattled cages at the firm last year when she exposed thousands of documents accusing the social media platform of spreading misinformation. The files revealed…
Meta Reportedly Plans to Create an In-App Token For its Metaverse
Meta, the company behind Facebook, is reportedly trying to develop its own token – not a cryptocurrency – to support its ambition of connecting users through the Metaverse. More tokens…
Instagram Integrating NFTs Incentivizes Mainstream Adoption: Deutsche Bank
Deutsche Bank, a former cryptocurrency critic, believes Meta’s decision to integrate NFTs into one of its companies – Instagram – will legitimize those assets. Instagram Will Legitimize NFTs According to…
Australian Regulator Takes Meta to Court for Publishing Scam Crypto Adds
The Australian Competition and Consumer Commission (ACCC) instituted Federal Court proceedings against Meta Platforms (formerly Facebook) for featuring misleading and deceptive cryptocurrency advertisements. The watchdog informed that one of the…