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CryptoCurrency

Crypto Scams and Fraud Ads: Thailand Threatens to Shut Down Facebook

  • Over 200,000 Thai people in the country have fallen victim to scams on Facebook.
  • Thai ministry asked Facebook to block more than 5301 fraudulent ads and fake pages.
by Arnab Shome
Executives

Facebook’s Carolina Ceballos Is Paxos’ First Dedicated Chief Compliance Officer

  • Ceballos brings over 15 years of career experience to the role.
  • She is the former Deputy Chief Compliance Officer at Facebook Payments.
by Solomon Oladipupo
News

Meta’s Former Crypto Head David Marcus Launches Bitcoin Startup

  • His startup will focus on building use cases for Bitcoin.
  • Major venture capitals have already backed the project.
by Arnab Shome
News

Instagram Will Start Testing NFTs This Week

  • Ethereum, Polygon, Solana and Flow are reportedly the supported blockchains.
  • Meta is developing three-dimensional NFTs for augmented reality.
by Felipe Erazo
Thought Leaders

Understanding Crypto Rules on Social Media and How to Win Business Organically

  • As the crypto landscape gains traction, we now have more explicit rules to adhere to.
by Contentworks Agency
FinTech

Meta Is Considering 'Zuck Bucks' to Regain Its Market Value

  • Instagram NFTs to Launch by the end of May 2022.
  • Meta lost more than $200 billion of its market valuation in February 2022.
by Matti Williamson
News

Aussie Regulator Sues Facebook Parent for Running Crypto Scam Ads

  • Fraudsters used images and fake endorsements of several Aussie figures.
  • One of the victims lost around $477,000 to the scammers.
by Arnab Shome
CryptoCurrency

Diem Is Dead: Is Facebook Done with Crypto?

  • Facebook (now Meta) owns Novi, which was developed to hold Diem.
  • Facebook is now focusing on metaverse and probably NFTs.
by Arnab Shome
Op-ed
Op-ed
CryptoCurrency
Op-ed
Op-ed

Facebook's Principles Are at Odds With the Metaverse

  • Facebook has exhibited core characteristics that are antithetical of a true metaverse.
  • Free speech has been clobbered, as companies heavily moderated posted content.
by Sam White
News

Silvergate Bank Is Buying Assets of Diem for $182 Million

  • Diem will start the process of winding down.
  • The payment will be made in both Silvergate shares and cash.
by Arnab Shome
News

Facebook Is Putting an End to Stablecoin Project Diem

  • The consortium is reportedly looking for a buyer to sell its assets.
  • Diem founder David Marcus also left the project last year.
by Arnab Shome
Executives

Checkout.Com Poaches Facebook’s Fintech Exec as New CPO

  • Meron Colbeci brings in-depth financial services experience to Checkout.com.
  • Meta Inc continues to lose several executives
by Nicholas Otieno
News

Facebook Novi Wallet: Will It Be a Gamechanger for the Crypto Industry?

  • The launch of the Novi pilot has not been without controversy – something to be expected coming from Zuckerberg's company.
by Felipe Erazo
News

US Lawmakers Ask Facebook to Terminate Crypto Pilot

  • The social media platform will pilot launch its crypto wallet in the US and Guatemala.
by Arnab Shome
News

Facebook Chooses Coinbase to Pilot Its Crypto Wallet Novi

  • Novi users who are participating in the pilot can acquire Pax Dollar (USDP) through their accounts.
by Felipe Erazo
News

After a Successful Pilot in Hong Kong, Tests of China's Digital Yuan to Expand

  • Implementation of the digital yuan could significantly reduce the cost of cross-border transactions.
by Rachel McIntosh
News

Facebook-Backed Diem to Launch USD Stablecoin with Silvergate Bank

  • The non-profit has moved its ‘main operations’ from Switzerland to the US.
by Arnab Shome
News

Facebook Is Expected to Pilot Launch Diem in 2021

  • The insider highlighted that the launch will be on a much smaller scale.
by Arnab Shome
Executive Moves

Linkly Has Recruited Frerk-Malte Feller as New CEO

  • Feller’s appointment is a key stroke in Linkly’s long-term aggressive growth strategy.
by Tom Hazan
News

Bitcoin Becomes More Valuable Than Facebook and Tesla

  • The total market cap of Bitcoin jumped above $870 billion on Tuesday.
by Bilal Jafar
Coins

Croatia Watchdog Exposes Fraudsters Selling ‘Digital Yuan’ on Facebook

  • Following bitcoin's epic bull run, hundreds of cryptocurrency fraudsters popped up around the internet.
by Aziz Abdel-Qader
News

Facebook Gets Legal Threat for Renaming Libra to Diem

  • The fintech named Diem will send a cease and desist letter first to protect its brand name.
by Arnab Shome
News

Libra Rebrands to Diem Ahead of the January Launch

  • The Facebook-backed project makes an attempt to distance itself from the old vision.
by Bilal Jafar
News

Will Facebook's Libra Launch in January? Experts Weigh In

  • A scaled-down version of Libra is reported to be launched in January, but the regulatory path forward is still unclear.
by Rachel McIntosh
News

Facebook Plans to Launch Libra in January 2021

  • The world’s largest social networking platform is planning to launch its digital currency in a limited format.
by Bilal Jafar
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