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Nifty News: Trump drops more NFTs ahead of presidential run, Meta opens to teens and more
19.4.2023
Trump’s first NFT collection has seen its value plummet by more than 60% following the latest launch which comes ahead of his 2024 presidential bid
Metaverse for youth: Meta urged to ban minors from virtual world
14.4.2023
Now only allowing users from 18, Meta also wants to open up its metaverse app Horizon Worlds to users aged 13 and 17
NFT Marketplace Looksrare Launches Version 2, Cutting Protocol Fees by 75% and Introducing Bulk Purchases
9.4.2023
Looksrare, the non-fungible token (NFT) marketplace, has launched version two, also known as v2, which reduces protocol fees by 75%. According to statistics from Dune Analytics, Looksrare was the tenth-largest NFT marketplace in terms of trader count during the past week. NFT Market Protocol...
Meta coughing up big money to developers building their metaverse
7.4.2023
Despite turbulent times for Meta in terms of metaverse development, sources close to the company say its metaverse programmers are paid up to $1 million for their work
Disney Reportedly Axing Metaverse Division Amidst Company Restructuring
1.4.2023
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised...
Government requests for user data from Big Tech increased by 25%: data
30.3.2023
Requests for user data from Big Tech companies such as Apple, Google and Microsoft continue to rise year after year from governments around the world
Disney Closes Metaverse Division, 50 Laid Off in Company-Wide Staff Reduction
28.3.2023
Disney has pulled the plug on its metaverse division, eliminating the entire team of 50 people tasked with exploring ways to tell interactive stories in new technological formats.
According to a Monday report by the Wall Street Journal, the layoff is part of a broader restructuring plan that will...
To be or not to be: Ethics, democracy and morality in the nascent metaverse
27.3.2023
If human interactions in digital reality should mimic those of real life, this raises questions as to what and who will dictate important moral judgements and ethical standards
Ukrainian Startup Promin Aerospace to Send Historical NFTs Into Space
23.3.2023
Promin Aerospace is a Ukrainian rocketry startup with backing from Google among others. The company is working with the Meta History Museum to launch into space a collection of artworks about the war with Russia in the form of NFTs (non-fungible tokens). The team recently joined the Bitcoin.com...
Metaverse brings new problems and opportunities to music licensing
22.3.2023
With the rising popularity of Web3 and the metaverse, songwriters and musicians are wondering what music licensing will look like in this new space
SBF legal fees, BTC market cap flips Meta and USDC climbs back to $1: Hodler’s Digest, March 12-18
18.3.2023
Sam Bankman-Fried seeks to use FTX’s corporate insurance, Bitcoin outperforming Wall Street banks in 2023 and USDC repegs after turbulent days
Meta’s NFTease and AI’s Impact on Web3
17.3.2023
Meta Platforms announced it was ending its support for NFTs after less than a year from its initial test program. The move is a setback for Web3 creators who use social media to promote their art and interact with their community – and signals that Meta maybe hasn’t yet figured out how to dive into...
Ukrajinci a Meta spouští bezplatné vzdělávání pro české startupy
16.3.2023
Ukrajinci a Meta Platforms v Česku spouští bezplatné vzdělávání pro startupy. Jde o StartUp Academy 3.0, kterou ve spolupráci s provozovatelem Facebooku nebo Instagramu organizuje kyjevská softwarová společnost Genesis
Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’
16.3.2023
Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be executed during 2023 as part of its new efficiency policy. Mark Zuckerberg, CEO of the company, stated that artificial intelligence (AI) was currently the company’s most...
Meta scraps NFTs on Instagram and Facebook: Nifty Newsletter, March 8–14
15.3.2023
Meta discontinues NFT services on Instagram and Facebook, and Binance NFT marketplace adds support for trading NFTs on the Polygon blockchain network
Meta Winding Down Support for NFTs on Facebook, Instagram
15.3.2023
U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support for Non-Fungible Tokens...
Meta Discontinues NFTs on Facebook and Instagram Less Than a Year After Launch – Here’s the Latest
14.3.2023
Facebook parent company Meta has decided that, less than a year after kicking off the functionality allowing to buy and sell non-fungible tokens (NFTs) via its two flagship platforms, Facebook and Instagram, it will shut down NFT trade, as announced by senior company representatives. ...
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Bitcoin market cap flips tech giant Meta, widens gap on Visa
14.3.2023
BTC’s market cap has climbed to the 11th spot amongst top assets by market cap and now sits behind electric vehicle maker Tesla
Meta pulling the plug on NFTs across Instagram and Facebook
13.3.2023
The short-lived NFT features were first launched in May 2022, but Meta's financial technology lead said it's "winding down" the tools to focus elsewhere
Meta Will End Support for NFTs on Instagram, Facebook
13.3.2023
Meta’s Stephane Kasriel said on Twitter the decision is prompted by a desire “to focus on other ways to support creators, people, and businesses.”