Social media giant Meta has announced a massive expansion of its NFT program, allowing all Facebook and Instagram users in the U.S. to showcase digital collectibles they themselves created or bought.
Mark Zuckerberg’s Meta has filed eight trademark applications with the U.S. Patent and Trademark Office (USPTO) to use its intellectual property in the metaverse and the broader blockchain space.
Speaking at the South by Southwest (SXSW) conference, Meta CEO Mark Zuckerberg revealed that the popular photo and video-sharing app Instagram would soon receive non-fungible token (NFT) functionality.
The Diem stablecoin project, formerly known as Libra, has come to an end. Meta has sold Diem’s intellectual property (IP) and assets to a cryptocurrency-focused bank Silvergate, per Monday’s announcement.
The social media giant Facebook announced changes to its ads policy pertaining to cryptocurrency products and services. Among a long list of changes, the social media platform has increased the number of regulatory licenses that will from now on be accepted from 3 to 27.
According to David Marcus, Facebook’s head of financial services, former PayPal president and Coinbase board member, the social media giant is considering different options to integrate non-fungible token (NFT) functionality in its new crypto wallet Novi. The news came shortly after Marcus criticized the global payment systems, calling them “costly, slow, and not interconnected” in the recent blog post.