Tue, May 14

Aussie Billionaire Takes Meta to Court Over Crypto Scams

One Australian victim lost $952,000 AUD after falling for the hoax. Meta might face penalties and be forced to modify the way it advertises. Billionaire Andrew Forrest of Australia has filed a lawsuit against Meta for allegedly defrauding people using his identity in fraudulent cryptocurrency adverts. He claims that Meta

February 3, 2022 1 min read

Meta Joins Crypto Open Patent Alliance (COPA) Managed by Block

Facebook, now Meta, has joined the Crypto Open Patent Alliance (COPA). A group managed by Block, the payments firm founded by Jack Dorsey. Meta will join over a dozen other firms. These firms have committed not to prosecute their “core cryptocurrency patents” by joining COPA. Max Sills broadly defines the

February 1, 2022 1 min read

Facebook (Meta) Applies Trademark for Crypto Services in Brazil

Meta’s trademark filing order was made on October 5, 2021, from Jamaica. The application for registration was published on January 25. Brazilian authorities have registered Meta’s trademark for various Bitcoin (BTC) and crypto-related services, including hardware and software design, development, production, and distribution. Even though it has been repeatedly denied

January 29, 2022 1 min read

Facebook’s Stablecoin ‘Diem’ Sale Clouded, Mark Zuckerberg Dismays!

Facebook plans to sell off it’s much ambiguous stablecoin project, the ‘Diem’. All assets, including the technical resource engineers and team to be sold off.  Feds play a major role as hurdles for Diem. Stablecoin owes to be one of the safest and best crypto businesses in the industry. Being

January 26, 2022 2 mins read

Meta Starts Developing Fastest AI Supercomputer for Upcoming Metaverse

One of Meta’s main goals is to develop new neural networks. Meta didn’t reveal the computer’s location or the expenditures. Newly formed AI “Research SuperCluster” (RSC) by Facebook’s parent corporation Meta will “pave the way” towards establishing Metaverse. According to a blog post published on January 24 announcing the hardware,

January 25, 2022 1 min read

Facebook’s Virtual Concerts to Promote Metaverse Platform UnderPerforms

Only roughly 100,000 people have seen Young Thug’s Grammy-winning video. The crowd was generally uninterested in the performances. A series of virtual performances were arranged for the end of 2021 to promote Facebook’s metaverse platform, dubbed Santa’s early gifts for music lovers. On December 26, 31, and January 1, respectively.

January 7, 2022 1 min read

Facebook (Meta) Revokes Ban on Crypto Ads on Its Platform

For a long time, Facebook has been involved in the crypto discussion. Crypto advertising is perhaps at its highest point in history. Google’s crypto ad policy seems to have evolved, favouring crypto platforms advertising on Google channels in the last few months. Facebook, renamed Meta, makes it simpler for crypto

December 2, 2021 1 min read

Mark Zuckerberg’s Launch of Meta Receives Flak by Netizens

Mark said they were working on an experience termed “Project Nazareth.” Meta is expected to invest at least $10 billion this year. Announcing his lofty aspirations to establish the “metaverse,” Mark Zuckerberg stated that users would be able to accomplish practically anything they can imagine. Facebook recently relaunched as “Meta,”

November 14, 2021 2 mins read

Decentraland (MANA) Shoots Up Substantially!

Decentraland (MANA) spikes up effortlessly. MANA reached $1.25, the highest in the past 3 months. MANA predicted to surpass previous ATH of $1.41. With the Bitcoin (BTC) reaching a new ATH and other altcoins following the same trend, now one more adds up to the list for the spectacular month

October 30, 2021 2 mins read

U.S Lawmakers Debunks Facebook’s Crypto Plans

Facebook is almost complete with its cryptocurrency and digital wallet. U.S lawmakers term Facebook is incapable of maintaining cryptocurrency of its own. U.S lawmakers issue notice against Facebook’s crypto plans and digital wallet. With the entire world plunging into crypto driven ecosystems, the social media giant Facebook.inc has been into

October 20, 2021 2 mins read