Cointelegraph's law & policy newsletter is back with a discussion of El Salvador's effects, Coinbase's woes, and the digital euro's prospects.
Founded in 2004, Facebook serves as one of the world’s largest social media platforms. A public company tradable under the stock ticker FB, Facebook lets users post pictures, videos and updates, as well as chat and connect with people, among other functions on its platform. Users can also buy and sell things on Facebook Marketplace and chat on their mobile devices via the Facebook Messenger app.
Facebook has faced scrutiny for questionable practices. Facebook founder Mark Zuckerberg has spoken in a number of U.S. government hearings.
In 2019, the company released a white paper detailing its Facebook Libra, a type of stablecoin cryptocurrency. The project met notable regulatory scrutiny and has since changed its name from Libra to Diem.
Facebook is exploring NFT-functionality in its Novi–Diem ecosystem, but how will the technological solution measure up to existing platforms?4212
Diem’s push to launch stablecoins and a global payment system might suffer from the seemingly brewing anti-crypto sentiment among key U.S. policymakers.4594
Decentralized social media platform built on the Bitcoin model puts privacy first in its new messenger that can send crypto.10445
The Metaverse allows people to interact with one another, digital objects and the physical world through their avatar in a virtual environment.8064
The new executive said she hopes to "introduce millions more people to the benefits of crypto."2989
“When you have a good crypto wallet like Novi will be, you also have to think about how to help consumers support NFTs,” Facebook’s David Marcus said.4824
Marcus shares his honest thoughts on the crypto market, as well as declaring that Novi is ready to launch.4115
Mark Zuckerberg attempts to create his own metaverse that would result in ever more centralization, leading to a dystopian future.12332
CoinDCX’s Series C funding was led by B Capital Group, a VC firm from Facebook co-founder Eduardo Saverin.5570
The new era of social media platforms must uphold the values of decentralization, democratization and transparency.3424
Pontem founder Boris Povod said the partnership was aimed at improving Polkadot’s current node infrastructure, with Pinknode providing “reliable and secure API endpoints.”9222
The 20-day correlation between Tesla stocks and the Nasdaq 100 index has sharply dropped from 0.83 in mid-June to 0.14 as of this week.5187
The use of blockchain could discourage bad behavior because people would be tied to their posts forever, Frank McCourt said.4257
A paradigm shift that will transform the digital economy: It is the internet itself that offers the services, not a few private operators.15136