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Tag Archives: Facebook

New WhatsApp/ Novi Wallet Pilot Program Available in America

WhatsApp has launched a new cryptocurrency-based pilot that will allow a select number of people in America to send and receive crypto funds to each other. The program is being powered by Novi, the new Facebook (or Meta) cryptocurrency wallet that has gone through a thousand name changes and struggled to get off the ground since being announced in the summer of 2019. The Novi Wallet Is Finally Launching Itself Novi was officially launched as a pilot roughly six weeks...

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“Meta” Blockchain Exec David Marcus Announces Exit

David Marcus – head of the blockchain department at Facebook, now known as Meta – has stated he will be exiting his position and leaving the social media giant at the end of 2021. David Marcus Is Taking a Different Path Marcus is a former PayPal executive that joined forces with Facebook to release a new cryptocurrency that people could use to pay for goods and services. Known as Libra, the currency would be tied to a wallet system called Calibra, which would store...

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Meta Expands Avenues For Running Crypto Ads On Facebook

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...

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Meta’s Crypto Head to Leave The Company at The End of 2021

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...

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Enjin Gears to Tap Metaverse Realm With $100M Fund

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...

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Axies and Other Play2Earn Coins Surge as Facebook Changes Name to Meta

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...

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Facebook Whistleblower Frances Haugen Says She Bought Crypto at the Right Time

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...

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Congress Urges Facebook to Give Up Its Novi Wallet Program

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....

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Facebook Picks Coinbase to Support Its Novi Wallet

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...

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Geldesel: Polizei warnt vor Facebook-Geldwäscher

Money Mules (Bildquelle: SKP) Aktuell warnt die Polizei eindringlich vor Gelwäschern: Kriminelle suchen über diverse Online-Plattformen, via Social Media oder Zeitungsinseraten nach «Money Mules» (dt. Geldesel), deren Bankkonten sie für ihre Zwecke, die Verschiebung von deliktisch erwirtschaftetem Geld, nutzen können. Die Anzeigen sprechen häufig Personen an, die auf Jobsuche sind oder sich in finanziellen Engpässen befinden. Doch hier ist...

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