In explaining his decision to leave Meta, David Marcus said that his entrepreneurial DNA had been nudging him “for too many mornings in a row to continue ignoring.”
Facebook’s centralized metaverse a threat to the decentralized ecosystem?
Facebook’s metaverse plans have caused discomfort in the crypto community, but there’s every reason to believe in a decentralized future for metaverses.
$400M funding round to help Gemini build in the decentralized Metaverse
The Winklevoss twins have big plans for a Gemini future in different Metaverses as they go head to head with archrival Meta.
VR Metaverse comes closer to reality as Meta previews haptic gloves
Meta says the VR gloves rely on haptic rendering to send “precise instructions to the actuators on the hand,” and outlined a vision where people’s sensations match what they are doing in the Metaverse.
Bitcoin flippens Tesla and Facebook — will Amazon be next?
The price rise over the weekend put Bitcoin’s market cap within $600 billion of Amazon.
Microsoft muscles into the Metaverse with Teams updates and Xbox upgrades
“The metaverse enables us to embed computing into the real world, and to embed the real world into computing. Bringing real presence to any digital space,” said Microsoft CEO Satya Nadella.
“We are building for the metaverse” says Meta VP Nick Clegg
Clegg joined Meta in 2018 following a two-decade tenure in the British political scene.
BREAKING: Facebook rebrands to Meta as focus expands beyond social media
The name change reflects Facebook’s growing ambitions beyond online social media, a medium it helped build over the past two decades.
Mask Network, 1inch and Shiba Inu ignore Bitcoin’s downtrend, posting 20% gains
1INCH, SHIB and MASK go against the grain by posting double-digit gains while BTC price fell to $58,000.
Privacy or policy? Why Facebook’s crypto wallet, Novi, is facing resistance
Facebook’s Novi wallet lets users send and receive a dollar-pegged stablecoin, but not hold it.
Law Decoded: Post-ETF policy landscape and Novi fears, Oct. 18–25
The Bitcoin ETF approval has been the biggest, but by no means the only, policy-related story of the last week.
Diem tells Senators on the warpath over Novi: We’re not actually Facebook
In response to a letter from the U.S. calling on Facebook to halt its stablecoin and crypto wallet projects, Diem stated that it “is not Facebook. We are an independent organization”
Senators pressure Facebook to ‘immediately discontinue’ Novi wallet pilot
Facebook’s crypto wallet has been shot down by banking committee senators just hours after it launched a pilot.
Facebook pilots Novi crypto wallet with Coinbase, Paxos
The social media giant still intends to launch Novi along with its Diem payment network once regulatory approval is granted.
Paris Hilton and Pranksy collections featured by Sotheby’s new NFT platform
The first auction on Sotheby’s Metaverse will go live on Oct. 18, with the auction featuring prominent collections such as Bored Ape Yacht Club, MoonCats and CryptoKitties.
Top engineers working on Facebook’s wallet jump ship to A16z’s crypto fund
The engineers will provide technical advice to Andreessen Horowitz’s portfolio companies.
No outages, no data leaks: The new WhatsApp killer built on the blockchain creates privacy-focused encrypted messenger
Messenger and WhatsApp are known for aggregating user data and selling it for profit to advertisers. This company brings an encrypted messenger to protect the data.
Likes out: Facebook blackout sparks ideas for Web 3.0.
Crypto advocates remind socially accountable and helpful media platforms are possible with decentralization.
Bitcoin moves past $49K as Facebook, Instagram, and WhatsApp go down
During the outage, many Crypto Twitter users called for the need for a decentralized social network built on blockchain.
Facebook announces $50M investment fund tasked with developing its virtual metaverse
Facebook has slated $50 million to be spent over the next two years through its XR Programs and Research fund.