Facebook, now called Meta, is casting off one of the world’s most famous names to retool itself into a metaverse company. Will its $10 billion bet pay off?
Facebook’s Novi is ready to launch. Here’s why the Diem crypto wallet might find an especially warm welcome in places like the Philippines and Malaysia.
Facebook CEO Mark Zuckerberg has a vision for metaverses — online worlds that one day will replace big parts of our offline lives. But some say that future is already here.
What’s really behind the Bitcoin market crash? Tether USDT lifts veil on reserves. Facebook-backed Diem going to California.
Other top blockchain and cryptocurrency news: BlockFi’s accidental BTC millionaires. China’s Inner Mongolia asks citizens to report illegal crypto mining.
When Diem launches and central banks roll out digital currencies, what role will each play? Here is a look at the world’s financial and payments future.
Formerly named Libra, the Diem stablecoin is now awaiting regulatory approval, writes Ilia Maksimenka of PlasmaPay. What are Diem’s odds of success?
This week has been one where big changes came fast and furious on the opposite sides of the central bank digital currency world. First, alleged screenshots of a mockup of the People’s Bank of China central bank digital currency’s mobile app were published, giving the public a taste of the apparent functionality of the platform […]
Ep. 6 | New blockchain arsenal to fight Covid-19, Zoom cancels Facebook, coronavirus wipes out Digital Farms, and more
Other top headlines from around the world: Microsoft wants to power mining with brain waves. Crypto exchanges Huobi and OKEx under fire. China shifts to digitally sweep ancestral graves.
As China, Singapore, Canada and other countries develop digital currencies in part to facilitate cross-border transactions, Ripple’s managing director of South Asia and EMEA Navin Gupta said these currencies would primarily only be used domestically.
And that’s a good thing for legitimizing blockchain and paving the way to tokenize real assets across industries, the enterprise blockchain creator said at Hong Kong FinTech Week 2019.
Facebook executives announced not long ago that they would launch their own cryptocurrency, Libra, next year. Facebook founder Mark Zuckerberg has likened his vision for the ease of peer-to-peer cash transfers to sending photos, and now it seems as if the company may be able to bring that vision to life with cryptocurrency. And beyond […]
Facebook just did the unthinkable in the Donald Trump era: give America’s Republicans and Democrats something on which to agree. Same with the Group of Seven nations taking a dim view of the social media giant minting its own money. US President Trump declared that Libra, Facebook’s proposed virtual currency, “will have little standing or […]
Facebook’s proposed cryptocurrency faced strong political headwinds from U.S. lawmakers. Democratic Rep. Maxine Waters, chair of the House Financial Services Committee, demanded Facebook stop development of Libra, the cryptocurrency the company unveiled on Tuesday. “Given the company’s troubled past, I am requesting that Facebook agree to a moratorium on any movement forward on developing a […]
Facebook today unveiled its long rumored cryptocurrency, which will be known as Libra, and you won’t need a Facebook account to use it. That’s because Facebook says it wants to help those without bank accounts. “Libra holds the potential to provide billions of people around the world with access to a more inclusive, more open […]
Adding Blockchain Faces to Facebook: the Acquihire of Chainspace Facebook hired the founding team of Chainspace in Feburary 2019. Chainspace is a blockchain startup developing new technology to scale and speed up the execution of smart contracts on the Ethereum platform. The social media giant seems to be more interested in acquiring Chainspace’s talent than […]
Reports say Facebook will announce its rumored cryptocurrency sometime in June, and will allow employees working on the project to take their salary in it. Facebook appointed former PayPal executive David Marcus last year to explore opportunities with blockchain. Insiders say Marcus has focused on a digital currency, which users will be able to store, […]
Move over Facebook, a new kid is on the block. Voice, a new blockchain-based social media platform, will launch promising users more control over their posts and photos. “The truth is, current social media platforms are designed to use their users,” said Brendan Blumer, CEO of Block.one. “By design, they run by auctioning our information […]
The metaverse could be life-changing for the world’s unbanked, writes Pavel Matveev of Wirex. Interoperability between the real and virtual worlds will be key.
The tech-savvy nation is deemed a prime environment to grow the metaverse. What comes next, and will some be left out by a digital divide?
A pro basketball player and an ex-banker are aiming for a slam-dunk with a ‘creator first’ content platform. Calaxy co-founder Solo Ceesay explains how.
Alternative approaches to governance have never been more important, writes Alexander Filatov of TON Labs. Here is how DAOs can change the world.
Top blockchain and crypto news: Bandwidth bust in Kazakhstan. Binance chief CZ tops rich list. Digital yuan app adoption grows.
In South Korea, a new presidential administration will be chosen in March. Here’s where the four major candidates stand on Korea’s booming virtual asset space.
NFTs are finding novel uses across many sectors, from fashion to real estate. What industries stand to benefit most from this technology in the year ahead?
With wider acceptance as a financial asset, a teenage Bitcoin may not see the explosive 200% average annual returns of the past, but also may experience less price volatility.
Looking beyond this year’s headlines like El Salvador’s Bitcoin adoption, here are the key developments in blockchain technology that will have lasting impact in the new year and beyond.
2021 will go down as the year the DeFi giant woke up, writes Derek Alia of Futureswap. What lies in store for decentralized finance in the year to come?
As 2021 draws to a close, what are this year’s milestones and trends to watch in the year ahead? Forkast.News consults experts to find out.
Animoca Brands chairman Yat Siu sees a mass migration to the ‘open metaverse’ while the ‘closed’ ones will fail. What does this godfather of blockchain gaming mean by that?
China prepares to show off its tech innovation muscles at the Beijing Winter Olympics as it unveils some unusual-looking wallets for its new digital yuan.
Bitcoin’s current price is not indicative of the crypto’s future prospects, says Mark Yusko, who looks forward to the tokenization of everything.
Games like Axie Infinity are now the darlings of big investors. Does it matter that revenue is falling and many players earn less than the minimum wage?
The National Unity Government recognizes Tether as an official currency, defying the cryptocurrency ban imposed last year.
Metizens can already attend concerts, visit art galleries and earn money in a metaverse, writes Joe Caselin of Hex Trust. What’s coming next?
Macroeconomic factors and a spate of bad news override bullish outlook in crypto market as the year lurches toward its end.
Decentralized autonomous organizations are ripe for robot takeovers, says SingularityDAO’s Marcello Mari. After all, why do decentralized entities need leaders?
Gaming is increasingly defined by NFTs, play-to-earn and the metaverse, writes Charlie Baillie of Ampverse. Will Asia continue to lead the hottest gaming trends?
‘Team Pacquiao GG’ may be coming soon to League of Legends and Axie Infinity. But whatever happened to the former pro boxer’s Pac token?
Singapore-based crypto exchange had claimed the fan token would support BTS members — while the band’s agency denied any association with it.
The metaverse is a convergence of the physical and digital worlds, writes Gloria Wu of Ontology. How can the metaverse escape Web 2.0’s failings?
Metaverse picks up momentum, on the other hand Binance tweet gets yellow card
India proposes crypto ban meanwhile Metaverse race heats up
Top blockchain and crypto news: Fed nominations suggest no sudden moves. El Salvador’s Bitcoin lava affair. Dodgy dealings in China’s digital yuan.
As social media’s influence on broader society continues to grow, decentralized platforms will mean less central moderation — for better or worse.
How blockchain technology can usher in the next stage of the internet and social media, through decentralized hosting and integration with cryptocurrency.
How to sift through millions of NFTs before buying? NFT marketplace Mintable is hoping to attract more users with these new organizing and ranking features.
A crypto investor in Hong Kong was rescued six days after being kidnapped earlier this month when he tried to meet a buyer offline who promised to purchase his Tether tokens.
Taproot goes live, meanwhile Hong Kong crypto kidnap
Russia to legalize crypto mining; Korean candidate goes all out crypto
Solana Breakpoint 2021 celebrates price ATH, technology and projects to come on the emerging blockchain
Rounding out an impressive year for the world’s No. 5 blockchain, Solana held its first global offline conference in Lisbon this week. Here’s a look at some of the key moments.