We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
Flow (FLOW) logged its best daily performance on Aug.4 after becoming the latest blockchain to support Instagram’s nonfungible token (NFT) features. Insta-made FLOW rally Meta CEO Mark Zuckerberg announced on Aug. 4 that Instagram had expanded its NFT support to 100 more countries in Africa, the Asia-Pacific, the Middle East and the Americas. As a result, more users can post digital collectibles minted on the Flow blockchain on Instagram. The high-profile integration helped FLOW surge 54% to reach an intraday high of $2.83 a token. Interestingly, the token’s massive upside move accompanied a spike in its daily trading volumes, confirming some weight behind the bullish trend. FLOW/USD daily price chart. Source: TradingView Like any blockchain native asset, the ups and...
According to a Meta newsroom post updated on Thursday, the Mark Zuckerberg-led company has begun its nonfungible token (NFT) expansion across 100 countries in Africa, the Asia-Pacific, the Middle East and the Americas. This includes adding support for wallet connections with Coinbase Wallet and Dapper as well as the ability to post digital collectibles minted on the Flow blockchain. The initial rollout targets the popular social media app Instagram. One needs to simply connect their digital wallet to Instagram to post an NFT, the company said in its updated post. Third-party wallet integrations with Rainbow, MetaMask, Trust Wallet, Coinbase Wallet and Dapper Wallet are either complete as of Thursday or are coming soon. Supported blockchains at this time are Ethereum, Polygon and Flow. Ther...
Ethereum co-founder Vitalik Buterin doesn’t believe that any of the existing attempts by corporations to create a Metaverse are “going anywhere,” pointing to Meta as being one he believes will “misfire.” Responding to a tweet from Dialectic co-founder Dean Eigenmann, who believes venture capitalists may be wrong about what constitutes an ideal metaverse, Buterin said that while he believes “The metaverse is going to happen,” he doesn’t think any of the current attempts from corporates such as Mark Zuckerberg’s Meta are “going anywhere.” The “metaverse” is going to happen but I don’t think any of the existing corporate attempts to intentionally create the metaverse are going anywhere. https://t.co/tVUfq4CWmP — vitalik.eth (@VitalikButerin) July 30, 2022 The Metaverse...
HipHopWired Featured Video Source: SOPA Images / Getty Instagram got caught out here doing too damn much trying to be like TikTok and is now rolling back some controversial updates. Make Instagram Great Again Do we have to thank the Kardashian klan? Or were our collective groans loud enough to bully the folks on Instagram into pulling the plug on some recent feature changes? Instagram has been under fire from its users, including Kim Kardashian and Kylie Jenner, for what many feel is its attempt to emulate its direct competitor TikTok. The main complaint from the Instagram faithful is that recommended posts are overshadowing posts from friends’ accounts on their accounts. A complaint our very own Bernard “Beanz” Smalls has complained about. Further proof Instagram was trying its best to be...
HipHopWired Featured Video Source: SOPA Images / Getty Instagram got caught out here doing too damn much trying to be like TikTok and is now rolling back some controversial updates. Make Instagram Great Again Do we have to thank the Kardashian klan? Or were our collective groans loud enough to bully the folks on Instagram into pulling the plug on some recent feature changes? Instagram has been under fire from its users, including Kim Kardashian and Kylie Jenner, for what many feel is its attempt to emulate its direct competitor TikTok. The main complaint from the Instagram faithful is that recommended posts are overshadowing posts from friends’ accounts on their accounts. A complaint our very own Bernard “Beanz” Smalls has complained about. Further proof Instagram was trying its best to be...
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
Meta Platforms Inc. is facing a lawsuit that claims its Facebook and Instagram platforms “intentionally and brazenly” stole hundreds of songs from Swedish production music label Epidemic Sound, encouraging their users to upload more than 50,000 infringing videos every day. Repped by attorneys at the top music law firm Pryor Cashman, Epidemic says the social media giant is offering nearly 1,000 of the label’s songs through its “Music Library” for users to add to their video uploads, but that Meta has refused to secure copyright licenses for that music — and has ignored the company’s repeated demands that it do so. “Perhaps Meta is hoping to get away with it for as long as possible,” Epidemic’s lawyers wrote in a complaint filed Wednesday (July 20) in San Francisco federal court. “Perhaps Me...
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
It’s weird to think that anyone could look forward to downturns in the crypto market, but that is precisely the position held by many developers and project creators who enjoy the low-pressure environment that exists during a bear market. As the saying goes, bear markets are for building, and now is one of the best times to survey the landscape to see which sectors of the market are most active in designing the platforms that will soar to new heights in the next bull cycle. Here’s a look at five sectors of the blockchain ecosystem that may present some of the best opportunities for accumulation while prices are low and demand is non-existent. Layer-1 protocols Layer-1 (L1) protocols like Bitcoin (BTC) and Ethereum (ETH) form the foundation that much of the cryptocurrency ecosystem is...
Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi wallet pilot project. Novi’s website landing page has been revamped to inform pilot users that the platform will be decommissioned on September 1. This ends an eight-month-long pilot project that saw users based in the United States and Guatemala participate in a trial of the cryptocurrency-powered payment platform. Users are directed to withdraw the remaining funds from their respective Novi wallets to their linked bank accounts. Guatemalan users can also withdraw holdings in cash at a select site in Guatemala City. Novi users are also encouraged to download their account information before the closure date, including transactions and activity on their accounts. From Sept. 1, user...