Libra (LBA) & Facebook

The popular Ethereum layer 2 solution Polygon has introduced a new javascript library to interact with its own bridge. Shortly after the announcement went live, the protocol’s native token surged by double-digits to a six-month high. Polygon’s New Javascript Library The announcement informed that the new open-source javascript library, dubbed matic.js, will provide APIs for deposits, withdrawals, and other types of transfers on the Polygon network. This is the latest version...

Meta – formerly Facebook – said they will be expanding crypto ad eligibility on their platform, by increasing the number of regulatory licenses they accept. Formerly limited to 3, the company now accepts 27 licenses, which are publicly viewable on their policy page. Crypto Ads to Flood Facebook Meta announced their ad expansion on their website earlier today. This is apparently a response to increased regulation of crypto over the years, which has increased clarity of...

David Marcus – the person in charge of Meta’s cryptocurrency and fintech unit Novi – revealed he will leave the firm at the end of the ongoing year. His successor will be Stephane Kasriel – the former CEO of Upwork, who has worked at Meta since August 2020. Changes on The Top The American entrepreneur David Marcus, who has been Meta’s cryptocurrency boss for the past several years, announced the news on his Twitter account. He justified his decision with the fact that his...

The metaverse is where all the rage is now, and Enjin has ambitious plans to support projects in its ecosystem designed towards a decentralized metaverse. Consequently, the blockchain-powered gaming platform announced the formation of a $100 million fund on November 4th. Dubbed ‘Efinity Metaverse Fund,’ the main objective behind it is to support its partners in the ecosystem partners and foster the development of a decentralized metaverse. Everything about Enjin’s Efinity...

L’équipe d’Umbrel vient d’annoncer une levée de fonds de 3 millions menée par OSS Capital, avec notamment la participation de Naval Ravikant, Sahil Lavingia, Slow Ventures, Andreas Antonopoulos, Owen Gunden, Max Webster, Stephen Cole, Fulgur Ventures, Mimesis Capital et Huat Ventures. Au départ Umbrel a été conçu comme une solution open source simple et rapide pour installer un full node Bitcoin et un noeud Ligthning sur un Raspberry Pi...

Following the decision made by the American multinational tech company, Facebook, to change its parent company name to Meta Platforms Inc, the prices of several metaverse gaming cryptocurrencies have experienced a significant increase. Facebook Rebrands to Meta The California-based company officially changed its corporate name to Meta Platforms Inc. yesterday, to move beyond the social media business concept. Facebook’s CEO, Mark Zuckerberg, noted the company is trying to...

The Facebook whistleblower, Frances Haugen, has revealed her financial future is “fine” as she bought an undisclosed amount of crypto at “the right time.” Financial Backup Thanks to Crypto During an interview with the New York Times, Haugen said she’s currently maintaining her shelter in Puerto Rico thanks to cryptocurrency investment. She manages her own financial resources despite receiving money from nonprofit organizations (NPO).  Last week, Politico reported that Haugen...

Senate Democrats are calling for Facebook to give up Novi and exit the cryptocurrency space altogether. Will Facebook Cease All Crypto Ambitions? The news comes after it was announced that the social media giant was joining hands with popular cryptocurrency exchange Coinbase to support whatever assets it was set to offer those who took part in the latest Novi wallet testing phase. The testing is set to be carried out in the coming months in both the U.S. and Guatemala....

Coinbase is helping Facebook launch its latest cryptocurrency project Novi, a digital wallet. The product launched early Tuesday morning and Coinbase – one of the world’s most popular digital currency exchanges – was hired to assist with the logistics of the wallet. Coinbase Is Facebook’s Knight in Digital Armor The social media giant is offering a batch of varying digital currencies to users that will be stored on Coinbase. These assets are available to anybody who...

Next Earth is a new kind of metaverse that not only helps people become virtual landowners, it also helps them do something good for the planet. An NFT-based replica of Earth is the centerpiece of Next Earth. It is a digital representation of our planet, one that can be explored and shaped by people who want to make a positive impact on the environment. With each NFT purchase, whether it’s the virtual Sydney Opera House or The Library of Congress, 10% of proceeds are...