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Finance

Meta Affirms Digital Collectibles Plan Despite Crypto Crash: Report

New fintech head Stephane Kasriel said the company's plans to bring NFTs to its users have not changed "in any way."

Facebook está probando la integración de NFTs. (Solen Feyissa/Unsplash)

Finance

Meta to Shutter Novi Crypto Payments Wallet in September, Ending Libra Saga

Three years into its stablecoin gambit, Meta’s final Libra dinosaur is going out the door.

Rep. Brad Sherman (D-Calif.) created a "Zuck Buck" graphic featuring CEO Mark Zuckerberg to describe his view of the libra stablecoin. (House Financial Services Committee)

Finance

Meta Begins Testing NFT Integration on Facebook

The testing of NFTs on Facebook follows a series of pilot integrations on Instagram in May.

Facebook está probando la integración de NFTs. (Solen Feyissa/Unsplash)

Finance

Aptos Revealed as PayPal Ventures’ First Layer 1 Investment

Aptos Labs announced a $200 million funding round in March and has now revealed that the venture arm of the payments giant was among the backers.

The Pacific as seen from Aptos, Calif. (Cristina Glebova/Unsplash)

Finance

Frances Haugen: Facebook Informer

She was the source for the damning "Facebook Files." Here's how she thinks DAOs and blockchains could fix the company nobody likes.

(Frances Haugen, modified by Kevin Ross/CoinDesk)

Finance

Instagram Eyes Creator Economy With NFT Rollout

With millions of creators and billions of users, Instagram could turn NFTs into a cash cow, the company hopes.

MENLO PARK, CALIFORNIA - OCTOBER 28: A pedestrian walks in front of a new logo and the name 'Meta' on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. A new name and logo were unveiled at Facebook headquarters after a much anticipated name change for the social media platform. (Photo by Justin Sullivan/Getty Images)

Videos

Instagram’s Move into NFTs: What We Know About Mark Zuckerberg’s Test

Meta (FB) CEO Mark Zuckerberg said that Instagram will begin testing non-fungible token (NFT) integrations this week, with an initial focus on Ethereum-based assets. “The Hash” panel discusses Meta’s plans for augmented reality NFTs with their Spark AR software and potential clashes between Web 2 and Web 3 cultures.

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Finance

Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow

The social media powerhouse won’t charge users for showcasing their crypto art.

Arte callejero en Williamsburg, Brooklyn, por Masnah.eth. (Danny Nelson/CoinDesk)

Opinion

Mark Zuckerberg to Investors: Expect Nothing From the Metaverse

In setting a 10-year timeline for returns from Reality Labs, Zuck raised as many questions as he answered.

Mark Zuckerberg, chief executive officer and cofounder of Meta (formerly Facebook Inc.), during the announcement of the corporate rebrand on Thursday, Oct. 28, 2021. Just months later, Meta seems to be downplaying the promise of its metaverse ambitions. (Michael Nagel/Getty Images)

Finance

Meta Platforms' 'Metaverse' Division Loses $3B in 1Q

Facebook's parent company reported revenue of $695 million for the division, which beat analysts' expectations.

Facebook CEO Mark Zuckerberg during testimony about the Libra digital currency project before the House Financial Services Committee on October 23, 2019.