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Thailand Warns Facebook Parent Company Meta to Curb Crypto Scams

Thailand’s Ministry of Digital Economy and Society (DES) has told Meta's (META) Facebook to curb the number of fraudulent crypto investment scams being advertised on the site. And, the Minister in charge of DES has asked a Thai court to prepare an order that would shut down Facebook by the end of the month if the platform doesn’t comply. "First Mover" hosts Jennifer Sanasie and Amitoj Singh break down the latest developments.

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Policy

Binabalaan ng Thailand ang Meta na Pigilan ang Mga Crypto Scam o Face Expulsion

Humihingi ng utos ng korte ang isang Thai na mambabatas na isara ang Facebook sa bansa sa pagtatapos ng buwan, na inaakusahan ang platform ng pagsuporta sa mga mapanlinlang na scheme ng pamumuhunan.

(Pixabay)

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Aptos Token Surges on Microsoft Partnership to Propel 'Global Web3 Adoption'

The Aptos token (APT) is climbing after Aptos Labs, the developer of a layer 1 blockchain started by former Facebook employees, announced its partnership with Microsoft (MSFT) to expand its tools and services using artificial-intelligence technology. "The Hash" panel weighs in on the latest developments.

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Will PayPal’s Stablecoin Shake Up Crypto Legislation Talks in Washington?

For some U.S. financial regulators, the ghost of Libra — the then-Facebook effort to establish a mass-appeal stablecoin — will forever haunt the debate over regulating stablecoins. "The Hash" panel discusses the parallels between Libra and fintech giant PayPal's newly launched PayPal USD (PYUSD). Plus, a closer look at how lawmakers are reacting to PayPal's dollar-pegged stablecoin debut.

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Worldcoin Activity Suspended in Kenya Over Security and Privacy Concerns

According to a Facebook statement, Kenya's Ministry of the Interior has suspended the operations of Worldcoin as the country's financial, security and data protection services investigate the project. "The Hash" panel shares their thoughts on the legitimacy of the identity crypto protocol co-founded by OpenAI's Sam Altman.

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Zuckerberg Says Meta Has 'Exciting Roadmap' With Threads, AI Products in Pipeline

Mark Zuckerberg, founder and CEO of Facebook parent Meta, says the firm isn't giving up on the metaverse anytime soon. This comes as Meta's metaverse division Reality Labs reported $276 million in sales and $3.7 billion in losses for Q2 2023. Journey Chief Metaverse Officer Cathy Hackl discusses her take on Meta's vision for the metaverse and artificial intelligence (AI). 

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Web3

Ang Meta ay Nananatiling Nakatuon sa Metaverse Sa kabila ng $13.7B Pagkalugi noong 2022, sabi ni Mark Zuckerberg

Ang pivot ng Meta ay nagkakahalaga ng social media giant ng higit sa $20 bilyon mula noong 2021, ngunit sinabi ng tagapagtatag at CEO ng kumpanya na si Mark Zuckerberg na ang kumpanya ay T susuko sa metaverse anumang oras sa lalong madaling panahon.

PARIS, FRANCE - MAY 24, 2018 : Facebook CEO Mark Zuckerberg in Press conference at VIVA Technology (Vivatech) the world's rendezvous for startup and leaders. (Shutterstock)

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Legal Expert Weighs in on Gemini's Lawsuit Against DCG

Crypto firm Gemini sued Digital Currency Group last week, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis, which held funds for Gemini tied to the latter company's Earn program. Hodder Law Firm Managing Partner Sasha Hodder discusses the key takeaways. Plus, what to make of Twitter threatening to sue Facebook parent company Meta over the Threads app. CoinDesk and Genesis are both owned by DCG.

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Legal Expert Addresses Twitter's Lawsuit Threat Against Meta Over Threads

Sasha Hodder, founder and managing partner of Hodder Law Firm, addresses Twitter's threat of legal action against Facebook parent company Meta. "If it's true that these people went over there and took their trade secrets that they learned for years at Twitter, and then handed it over to Facebook and built this program using the same source code, certainly there would be some remedies available Elon, under various trade secret laws," Hodder said.

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Twitter Threatens Legal Action Against Meta After Threads Debut

"The Hash" hosts discusses the hype around Threads, a new social media app built by the Instagram team at Facebook parent company Meta. Plus, Twitter's response to the competition as Mark Zuckerberg says Threads has drawn 30 million users just a day after the launch of its initial version.

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