Among the platforms for creating various blockchain projects, including in the DeFi segment, there are quite unusual initiatives associated with the Telegram messenger. More precisely, with the bold attempt of its creator Pavel Durov to turn an ambitious messenger into a whole separate world, an independent operating system with its own cryptocurrency on the blockchain….
David Marcus, the head of Facebook parent company Meta’s cryptocurrency efforts, said Tuesday that he will be parting company with the social media giant. Experts suggest that Marcus’s departure comes after delays of the Diem project amid scrutiny from regulators. Marcus announced the decision via a Monday tweet but hinted that it might be something…
Meta, ex-Facebook, on Wednesday announced its decision to reverse its long-standing policy that prevented most cryptocurrency companies from running ads on its services. The company’s new policy is huge for the crypto industry and will allow more retail investors to access cryptocurrencies than ever before. Citing greater government oversight and a more mature market for…
A few days after Jack Dorsey’s resignation as Twitter CEO, payments giant Square announced changing its name to Block Inc., the company said in a statement. Jack Dorsey’s Bitcoin funding initiative Square Crypto has rebranded to Spiral and is aimed to focus on “making Bitcoin the planet’s preferred currency.” The corporate rebrand, announced in a…
We must again turn our attention to Facebook’s cryptocurrency ambitions and the actions of American regulators – there has recently been a surprising turn in the events of the case. Facebook has announced the launch of its own crypto wallet, Novi. It is a colossal payment network that uses the Pax Dollar (USDP) stablecoin as…
Over the weekend, a DeFi token with the same name as the new ‘Omicron’ Covid-19 variant surged 1,100%. OMIC hit an all-time high on Monday of $689, according to CoinGecko, but loses about 75% value overnight. The buzz over the latest Covid-19 variant, Omicron, is not over, but the euphoria over the token named after…