Policy

Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts

A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing.

Rep. Maxine Waters (D-CA). (Drew Angerer/Getty Images)

Policy

A congressista Maxine Waters questiona os esforços contínuos de Cripto da Meta

Uma carta enviada à gigante da tecnologia disse que ainda possui cinco patentes ativas relacionadas a criptomoedas, apesar de a empresa afirmar que não tem nenhum trabalho em andamento relacionado a ativos digitais.

Rep. Maxine Waters (D-CA). (Drew Angerer/Getty Images)

Videos

Thailand Issues Warning Against Meta Over Fraudulent Crypto Ads

Thailand’s Ministry of Digital Economy and Society (DES) is warning Meta's (META) Facebook that the platform risks being expelled from the country if the site doesn't curb the number of fraudulent crypto investment scams being advertised. "The Hash" panel discusses whether Facebook should be blamed for the advertisement and the significance of preventing crypto scams.

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Videos

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.

Recent Videos

Policy

Thailand Warns Meta to Rein In Crypto Scams or Face Expulsion

A Thai lawmaker is seeking a court order to shut down Facebook in the country by the end of the month, accusing the platform of supporting fraudulent investment schemes.

(Pixabay)

Markets

Ex-Meta Engineer’s Layer-1 Blockchain Linera Raises $6M in New Funding

The layer-1 blockchain’s initial seed funding round was led by a16z crypto and has now raised $12 million in total.

(Mufid Majnun/Unsplash)

Web3

Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read

Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet.

Reddit avatars (Reddit.com)

Web3

Meta Aims to Recharge Lagging Horizon Worlds Metaverse With New In-House Game Studio

The struggling VR platform reported losses of $3.7 billion in the second quarter, though CEO Mark Zuckerberg remains "fully committed" to the metaverse and AI.

(We Are/Getty Images)

Videos

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). 

Recent Videos

Web3

Is It Finally Time to ‘X-it’ Twitter for Threads?

Meta's Threads hopes to swoop in and capture Web3 users that are looking for social media alternatives. But does the app have what crypto natives are looking for?

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