Meta Metaverse Unit Has Lost $5.7B This Year
By / July 28, 2022, 7:06 am EDT

Meta CEO Mark Zuckerberg said its metaverse ambitions represent a “very expensive undertaking,” but he sees trillions in unlocked value

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Hacker Posed as Ankr Employee To Phish Polygon and Fantom Users
By / July 1, 2022, 3:34 pm EDT

The hacker tricked customer service for Ankr’s DNS provider into giving them access to Ankr’s domain registrar

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Meta Trials NFT Display Feature for Instagram Creators and Collectors
By / May 10, 2022, 11:34 am EDT

Head of Instagram shared initial details of the test run via Twitter, stating that more will be revealed next week

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Meta Stock Soars After Hours on Metaverse Expansion, Defying Slowing Growth
By / April 27, 2022, 6:05 pm EDT

The company’s Reality Labs division brought in $695 million in revenue, exceeding analyst expectations

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Mysten Labs Launches Blockchain Platform Sui
By / March 22, 2022, 12:15 pm EDT

Company founded by ex-Facebook employees designs layer-1 to solve space’s “pain points”

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Australian Regulator Sues Meta Over ‘Scam’ Crypto Ads
By / March 18, 2022, 7:00 am EDT

Facebook parent Meta knowingly published crypto ads designed to scam users by leveraging well-known public figures, the ACCC said

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Decentraland, FTX ETPs Launch in Switzerland
By / February 10, 2022, 1:13 pm EST

21Shares’ launch spree in Europe continues as firm looks to expand in US

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YouTube Doubles Down on NFT Integration, Exec Says
By / February 10, 2022, 11:31 am EST

Chief Product Officer Neal Mohan said NFTs allow creators to “make money in ways not previously possible” in a blog post on Thursday

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Meta Adds ‘Personal Boundary’ Tool After Virtual Sexual Assault Allegation
By / February 4, 2022, 3:15 pm EST

The function prevents digital avatars from coming within a 4-foot distance from one another to “avoid unwanted interaction,” according to a company exec

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Australian Billionaire Brings Criminal Case Against Facebook Over Fake Crypto Ads
By / February 3, 2022, 6:00 am EST

Forrest alleges Facebook breached Australia’s money-laundering laws by doing little to stop the ads and that it “failed to create controls”

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