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Meta
Sui Network to Issue Token Following Exchange Sale; Airdrop Hunters Dismayed
The SUI token will be issued after the mainnet launch on May 3 after a token sale on Bybit, OKX and Kucoin.
Meta to Lay Off 10K Employees, End Support for NFTs on Instagram, Facebook
Meta Platforms Inc. is planning on cutting around 10,000 jobs in another round of layoffs. Separately, the parent company of Facebook and Instagram is winding down its integration of non-fungible tokens (NFTs) on its platforms. “The Hash” panel weighs in on the latest news from the tech giant.
Meta Will End Support for NFTs on Instagram, Facebook
Meta’s Stephane Kasriel said on Twitter the decision is prompted by a desire “to focus on other ways to support creators, people, and businesses.”
Facebook Parent Company Meta Exploring Decentralized App: Report
The app will be a standalone product for sharing text updates.
Metaverse Token Gamium Spikes After Meta and Telefonica Partnership Announcement
Metaverse project Gamium’s native token GMM surged by 340% to $0.0025 on Tuesday after the project announced deals with social media giant Meta Platforms (META) and telecommunications firm Telefonica (TEF). "The Hash" panel discusses the latest Web3 push from Meta and Telefonica, bringing mainstream blockchain awareness.
Disinvitation From Denver Crypto Conference Reveals Tensions Between Aptos, Sui Blockchains
Tensions have gone public between Aptos and Sui, two startup blockchains staffed by teams of individuals who emerged from Facebook's defunct Diem stablecoin project.
Metaverse Token Gamium Surges 340% After Meta and Telefonica Partnership Announcement
The token has a market cap of $29 million and has surged by 340% over the past 24-hours.
Facebook Parent Meta’s Metaverse Unit Lost $13.7B Last Year
According to its earnings release Wednesday, Meta Platforms (META)'s Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, lost $13.7 billion in 2022. "The Hash" panel discusses the outlook for Meta's metaverse ambitions.
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million.
Aptos Token Price Doubles in Two Weeks Amid Strong NFT Interest
Layer 1 blockchain Aptos' native token has surged over 400% since the start of the year amid increased interest in NFT trading. Aptos Labs Co-Founder & CEO Mohammad Shaikh discusses the potential catalysts for the rally, the outlook for NFTs, and layer 1 competition. Plus, insights into his time at Meta while building the Diem blockchain.