Facebook Inc. announced Thursday that it has changed its company name to Meta marking the first major rebrand for the social media giant. The name change, which reflects the companys growing ambitions beyond social media, was unveiled by CEO Mark Zuckerberg at the Facebook Connect conference. An accompanying news release laid out the companys vision for creating a metaverse that…
In brief Floki Inu, an Ethereum and Binance Smart Chain meme token, is up more than 200% in the last day. The developers have lowered the transaction tax in part due to regulatory concerns, and launched a physical marketing campaign. Shiba Inu was yesterdays big meme crypto winner, continuing its recent pump and overtaking rival Dogecoin in terms of total…
Supply chain management continues to be an important are of focus and concern for the global economy, especially with the current shipping backlog at major ports across the globe and the dwindling supply of items available on store shelves. Interestingly, OriginTrail (TRAC), a logistics and supply-chain management-focused blockchain protocol, has been gaining traction over the past couple of months and…
Cryptocurrency exchanges Coinbase and Crypto.com are now two of the most downloaded apps for the United States Apple App Store, topping the charts at first and third place, respectively. According to the Top Charts list on the Apple App Store, Coinbase has regained its position as the most popular app in the United States ahead of TikTok. However, Crypto.coms app…
In brief The FATF is an international body that creates standards to combat money laundering and terrorism financing. It has updated its guidelines around crypto assets. The Financial Action Task Force, the international body that coordinates financial transaction standards among 39 country and regional members, today issued updated guidelines for countries to assess and reduce risk associated with cryptocurrencies. The…
Houston residents can now purchase luxury automobiles through natively integrated bitcoin-backed loans. Post Oak Motor Cars announced a partnership with NYDIG to give customers access to a fully-fledged suite of Bitcoin services, including custody and lending. POMC employees will also be able to allocate a portion of their paychecks to BTC. A Houston-based luxury auto dealer will soon be able…
U.S.-based cryptocurrency brokerage firm Voyager Digital announced a $75 million investment from cryptocurrency quantitative trading firm and liquidity provider Alameda Research on Thursday. Founded in 2018, Voyager Digital offers more than 60 digital currencies for trade on its mobile app, which also includes services such as yield farming. According to the companys website, Alameda Research was founded in 2017 and…
Nearly every industry under the sun has started to notice non-fungible token (NFT) technology and on Wednesday, the media and entertainment company World Wrestling Entertainment, Inc., otherwise known as WWE, announced the launch of an exclusive NFT marketplace. According to the announcement, the market will produce licensed digital WWE tokens and collectibles that showcase WWE superstars and iconic moments. WWE…
In brief Shiba Inu yesterday overtook Dogecoin in terms of market cap. But Dogecoin today bounced backsurging 30% in 24 hours. Dogecoin today reclaimed its place as the top meme coinsurging 30% in 24 hoursafter briefly losing the throne to Shiba Inu yesterday. DOGEs sudden price uptick means it is now trading for $0.31, making it the ninth biggest cryptocurrency…
XDEFI Wallet, a browser-based service for DeFi and NFT assets, has officially integrated the layer-1 blockchain protocol Terra on its platform following a number of weeks of testing and development. With the addition of Terra, the platform now supports 9 blockchain networks including Bitcoin, Ethereum, and Polygon. It has also expressed intentions to incorporateSolana, Avalanche, and Arbitrum in the future.…
