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Meta to Lay Off 10K Employees, End Support for NFTs on Instagram, Facebook

Meta Platforms Inc. is planning on cutting around 10,000 jobs in another round of layoffs. Separately, the parent company of Facebook and Instagram is winding down its integration of non-fungible tokens (NFTs) on its platforms. “The Hash” panel weighs in on the latest news from the tech giant.

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Conflux Token Spikes 60% After Integrating China’s Version of Instagram

Conflux, the native token of the layer 1 Conflux blockchain, soared by 60.25% on Thursday after it announced it had integrated Little Red Book, China's version of Instagram. Conflux received a $5 million research grant from Shanghai's government in 2021. "The Hash" hosts discuss the cultural contexts, lack of clarity and changes in China's policy towards digital assets.

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Видео

Top NFT Projects Launched on Instagram Are Selling Out in Seconds

NFT creators and collectors saw opportunities to present their digital assets to Instagram, one of the largest social media platforms in the world, since its parent company Meta Platforms began testing out non-fungible token (NFT) sharing early last year. "The Hash" panel discusses what this means to mainstream adoption of NFTs.

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Мнение

Бренды спасут Криптo? Будьте осторожны в своих желаниях

Устаревшие платформы и мегакомпании помогают сделать блокчейн-фреймворки мейнстримом, но мы должны сознательно создавать системы, над которыми эти корпоративные машины T смогут осуществлять контроль.

(Rachel Sun/CoinDesk)

Видео

Meta's Instagram Will Soon Allow Creators to Mint, Sell NFTs

Starting this week, Instagram will allow a select group of digital creators to mint and sell non-fungible tokens (NFTs) directly on the social media platform. "The Hash" team discusses the latest in Instagram's Web3 ambitions bringing blockchain awareness to the mainstream. 

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Web3

Пользователи Instagram скоро смогут выпускать и продавать NFT

Последнее обновление функции «Цифровые предметы коллекционирования» на платформе сначала будет протестировано среди небольшой группы создателей.

(Meta)

Видео

Meta's Instagram, Facebook Launches NFT Sharing to All US Users

Non-fungible token (NFT) sharing is now open to all Instagram and Facebook users in the U.S., parent company Meta announced Thursday. This comes as CEO Mark Zuckerberg says Meta will reduce staff and pause hiring to cut costs. "The Hash" hosts discuss the significance and industry implications of the tech giant's latest announcements.

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Видео

Meta Rolls Out NFT Feature Across 100 Countries After Coinbase Integration

Social media giant Meta (META) has started to roll out non-fungible tokens (NFT) across 100 countries after integrating with Coinbase (COIN) Wallet and Dapper. FLOW tokens rallied on the news. “The Hash” team discusses the latest in Meta’s blockchain ambitions.

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Видео

Coinbase-BlackRock Deal; India’s Blockchain Outlook

Coinbase partners with Blackrock to provide institutional crypto access. Ex-finance secretary says blockchain in India got off on wrong foot. Court allows Voyager to return $270 million to customers. Instagram expands NFT platform to 100 countries. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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What Has the Russia-Ukraine War Meant for Crypto Social Media?

Lunarcrush Founder & CEO Joe Vezzani discusses the impact of a Russian court's decision to ban Facebook and Instagram for “extremist activity” as the war in Ukraine continues. Plus, a conversation on why the Ukrainian government accepting cryptocurrency donations resonates deeply with the online crypto community. 

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