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Meta Expects Metaverse to Contribute 2.4% of US GDP

May 10, 2023

Meta Expects Metaverse to Contribute 2.4% of US GDP

Metaverse is poised to contribute $760 billion to U.S. annual gross domestic product (GDP) by ...

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14 March

Meta Will Abandon NFT Projects

Meta Will Abandon NFT Projects

Meta Corporation has just announced it intends to stop developing projects related to NFTs.

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Key Facts Of The Day 12.12.2018

Key Facts Of The Day 12.12.2018

Ripple (XRP): Currency Going Global

Ripple (XRP): Currency Going Global

How to mine Bitcoins for dummies

How to mine Bitcoins for dummies

Ethereum: Things To Know

Ethereum: Things To Know

13 March

Meta's New Round of Layoffs to Hit Metaverse Arm: Report

Meta's New Round of Layoffs to Hit Metaverse Arm: Report

Meta's new upcoming layoffs will likely hit the company's metaverse department Reality Labs as the ...

9 November

Meta Will Lay Off 13% of its Workforce

Meta Will Lay Off 13% of its Workforce

Facebook's parent company intends to lay off thousands of employees.

3 November

Meta Introduces NFT Minting Feature for Instagram

Meta Introduces NFT Minting Feature for Instagram

Meta is continuing the development of NFT features on Instagram with the latest upgrade that ...

28 October

Meta's Metaverse-focused Division Loses $3.7B

Meta's Metaverse-focused Division Loses $3.7B

Losses at Meta's Reality Labs division amounted to $3.7 billion between July and September.

Facebook Rebrands as Meta to Follow Vision of Metaverse

26 October

Silvergate Bank Won't Issue Diem-based Stablecoin This Year

Silvergate Bank Won't Issue Diem-based Stablecoin This Year

Facebook's failed stablecoin project Diem won't be released under Silvergate Bank's wing this year, as ...

13 October

Meta Confirms its Commitment to the Metaverse

Meta Confirms its Commitment to the Metaverse

Meta sees the metaverse as the future of humanity.

30 September

Instagram and Facebook Allow US Users to Share NFTs

Instagram and Facebook Allow US Users to Share NFTs

Meta has just started offering its US Instagram and Facebook users features related to non-fungible tokens.

29 August

Meta Adds Support for NFTs on Facebook

Meta Adds Support for NFTs on Facebook

Users can now post digital collectibles that they own across both Facebook and Instagram.

4 August

Meta Expands NFT Pilot to 100 Countries

Meta Expands NFT Pilot to 100 Countries

With the latest update, Instagram now supports NFTs in over 100 countries.

4 July

Meta Announces it is Closing its Digital Wallet Novi

Meta Announces it is Closing its Digital Wallet Novi

Facebook's parent company has just announced it is abandoning the full-scale launch of its digital wallet.

1 July

Facebook Starts Testing NFT Support

Facebook Starts Testing NFT Support

Meta has started to roll out NFTs for some US creators on Facebook.

13 May

Meta's Diem Co-Creator Reveals Bitcoin Startup

Meta's Diem Co-Creator Reveals Bitcoin Startup

The company is currently seeking specialists for its team to dive deeper into the Lightning Network.

25 April

Meta to Open Physical Branch of Metaverse in California

Meta to Open Physical Branch of Metaverse in California

The opening of the store is scheduled on May 9, 2022.

13 April

Facebook Whistleblower Doubts Metaverse Will Guarantee 100% Safety

Facebook Whistleblower Doubts Metaverse Will Guarantee 100% Safety

There are still many unanswered questions.

7 April

Financial Times: Meta Plans to Issue its Own Digital Tokens

Financial Times: Meta Plans to Issue its Own Digital Tokens

Meta is exploring the possibility of creating centralized tokens for its own metaverse.

24 March

Meta Files Trademark Applications for Cryptos and Wallets

Meta Files Trademark Applications for Cryptos and Wallets

Meta has just filed eight new trademark applications for its logo related to cryptocurrencies and virtual assets.

18 March

Australian Regulator Sues Facebook for Promoting a Crypto Scam

Australian Regulator Sues Facebook for Promoting a Crypto Scam

The Australian Competition and Consumer Commission has filed a lawsuit against Meta, formerly Facebook.

16 March

Ex-Meta Employees Raise $200M for New Blockchain

Ex-Meta Employees Raise $200M for New Blockchain

Aptos Labs plans to roll our an incentivized testnet in Q2.

3 February

Tech Giants Shares Plunge Following Meta's Quarterly Report Release

Tech Giants Shares Plunge Following Meta's Quarterly Report Release

Meta shares have fallen by 23% in Wednesday’s trading session.

1 February

Meta Joins Crypto Alliance to Protect Open-Source Tech

Meta Joins Crypto Alliance to Protect Open-Source Tech

COPA counts over thirty members, including MicroStrategy, Kraken, Uniswap and others.

27 January

Crypto Bank Acquires Diem Association's Assets for $200M: Report

Crypto Bank Acquires Diem Association's Assets for $200M: Report

Diem is currently trying to figure out the best way to sell its intellectual property.

29 December

ProShares Aims to Launch ETF Focused on Metaverse

ProShares Aims to Launch ETF Focused on Metaverse

The fund will trace performance of Apple, NVIDIA and Meta.

24 December

Meta Aims 'Deep Compatibility' with Blockchain and Crypto

Meta Aims 'Deep Compatibility' with Blockchain and Crypto

Meta is aiming for deep compatibility with blockchain, crypto and NFTs

9 December

WhatsApp Embraces Crypto Payments via Novi

WhatsApp Embraces Crypto Payments via Novi

The new feature will first be available to a limited number of people in the US.

1 December

Facebook Expands Eligibility for Crypto Ads as Industry Stabilizes

Facebook Expands Eligibility for Crypto Ads as Industry Stabilizes

Facebook claims the crypto market has matured and experienced an increase in government regulation.

30 November

Novi Lead David Marcus is Leaving Meta

Novi Lead David Marcus is Leaving Meta

Marcus plans to leave Meta at the end of this year.

31 October

Oculus CTO Doubts Facebook's Meta Will Totally Embrace Crypto

Oculus CTO Doubts Facebook's Meta Will Totally Embrace Crypto

The Oculus CTO Carmack says the social network's metaverse despite its ambitious plans will not be completely open.

29 October

Metaverse and GameFi Tokens Soar Following Facebook's Name Change

Metaverse and GameFi Tokens Soar Following Facebook's Name Change

The price of the tokens of GameFi and virtual worlds (metaverse) projects has experienced a significant increase.

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