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Cryptocurrency exchange Okcoin has announced Randi Zuckerberg — the sister of Meta CEO Mark Zuckerberg — will be joining the platform’s brand advisory council in its aim to bring more women into crypto.In a Thursday announcement, Okcoin said that in addition to hiring Zuckerberg, the exchange would be committing $1
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The tech giant splits crypto companies into two categories depending on whether prior written approval is needed to list ads. Tax services, news outlets and education sources related to crypto don’t need prior approval, nor do crypto wallets that only allow users to store assets without buying and selling. Crypto
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Social media and metaverse marketplace Meta has expanded eligibility requirements for running cryptocurrency advertisements on Facebook, giving companies more leeway to market digital asset product offerings.Meta announced Wednesday that, effective immediately, it will recognize 27 regulatory licenses from advertisers, up from just three previously. This means many more applications for
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Libra, initially an ambitious plan to make sending money across borders as easy as sending a text, was immediately met with scrutiny following its 2019 reveal. Marcus was the face of Facebook on Capitol Hill as the company sought the blessing of U.S. regulators before launching. Source
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Adoption of the metaverse won’t be easy and will take some time, the note cautions, as existing digital media and e-commerce platforms are robust and improving all the time, which means that any metaverse will need to “partner to drive adoption.” Original Source
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This episode is sponsored by Nexo.io.A recent letter addressed to the social media giant from five democratic senators laid it out clearly; There’s simply no way Meta (formerly Facebook) will be allowed, much less trusted, to run a supra-national stablecoin. It’s a stance many agree with but it brings up
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Cryptox team members and leadership joined major media companies and tech figures this week at the three-day Web Summit 2021 in Lisbon.The issues surrounding social media giant Facebook were the focus for many at the largest tech conference in the world. The company has been the subject of intense media
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Sfermion, an investment firm led by crypto podcaster and analyst Andrew Steinwold, says it has raised $100 million for a new fund focused on non-fungible tokens (NFTs), with contributions from Marc Andreessen, the Winklevoss twins, and Digital Currency Group (which funds an editorially independent CryptoX).Steinwold told CryptoX that the fund,
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Zuck justified those high fees by explaining that Facebook (no, I’m not going to call it “Meta” either, because see above) will be building up its online VR business at a loss for a while, including by subsidizing devices. This speaks to one of the other huge warning signs for
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Nystrom explains that he expects Meta to build “moats” around the metaverse, creating digital walled gardens, so that the holding company and its family of networks (for example, Facebook) have the ability to make money off it. Digital worlds like Sandbox and Decentraland, by contrast, will allow developers and gamers
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