Insta-rally! FLOW token jumps 50% amid Instagram adoption euphoria
FLOW latest price rally has turned it into an "overbought" asset, which could amount to an imminent correction.
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Meta enables Instagram NFT integration in over 100 countries
Mark Zuckerberg's company, which posted a sharp loss in its Metaverse division in Q2, unveiled its digital asset expansion strategy on May 10, 2022.
Meta Rolls Out Instagram NFT Feature in 100 Countries
The social media giant will also add support for a variety of Web3 wallets. Meta to Support NFTs Despite widespread mainstream skepticism toward NFTs, Meta is doubling down on the...
Ethereum Co-Founder Vitalik Buterin Criticizes Corporate Metaverse Attempts — ‘Anything Facebook Creates Now Will Misfire’
On Saturday, the co-founder of Ethereum, Vitalik Buterin, took to Twitter and gave his perspective on the “existing corporate attempts to create the metaverse.” Buterin noted that a metaverse will…
Facebook’s metaverse will ‘misfire,’ says Vitalik Buterin
Vitalik Buterin claims Meta is jumping the gun with metaverse innovation because “it is far too early to know what people want.”
Facebook’s Metaverse “Will Misfire”: Vitalik Buterin
Buterin has said that he doubts any existing corporate attempts to create a Metaverse will succeed. Buterin Unconvinced by Metas Metaverse Any corporations making efforts to build the Metaverse today...
Meta’s Metaverse Is Still Not Profitable: Reality Labs Unit Registers $2.8 Billion Losses During Q2
Meta, the social media company, has reported that its metaverse division, the Reality Labs Unit, is shedding lots of money. In its recent earnings call, the company informed that, while…
Alphabet, Microsoft and Now Meta Release Disappointing Quarterly Earnings
Meta joined Alphabet and Microsoft in releasing disappointing quarterly financials, following the company’s Q2 earnings call. In a week of a disappointment for mega-cap stocks, the trio has all missed…
FTC files lawsuit against Meta over attempted monopolization of metaverse
The government watchdog previously filed a lawsuit against the social media giant in 2020 for alleged “anticompetitive conduct” in its acquisitions of WhatsApp and Instagram.
Metaverse visionary Neal Stephenson is building a blockchain to uplift creators
“I worry about things that are not directly related to blockchain and the Metaverse. I worry about climate change and about social fragmentation.”
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