WhatsApp Messenger is a messaging platform that was released in 2009 by WhatsApp Inc. The WhatsApp app allows text messaging, voice and video calls, and media and document exchange. WhatsApp is widening the functionality of applications and is currently working on WhatsApp Payments — a peer-to-peer feature that will allow users to send money through the WhatsApp platform. WhatsApp Messenger is one of the largest virtual community holders and, for some time, was the major platform in terms of their user base. Their large user base produced numerous groups of interest, including blockchain and Bitcoin WhatsApp groups. It is possible that WhatsApp blockchain implementation will be the first among the major messengers. The possibility for a censorship-resistant, immutable e-commerce platform has received positive feedback from the community and may become the next step in the development of the WhatsApp Messenger.
Nearly half of the consumers who reported a cryptocurrency-related scam in 2021 said it started with an ad, post or message on social media.
Social media blamed for $1B in crypto scam losses in 2021
Some U.S. activists previously asked the DOJ to stop Meta from offering its digital currency wallet Novi on its platforms.
WhatsApp starts testing currency payments with Meta’s Novi wallet
During the outage, many Crypto Twitter users called for the need for a decentralized social network built on blockchain.
Bitcoin moves past $49K as Facebook, Instagram and WhatsApp go down
Social media users are leaving traditional providers in droves in favor of more independent platforms over fears of unwarranted data collection, censorship, and...
Crypto leaders worry over threat from ‘big tech’ censorship
Regulators around the globe are increasingly turning hostile to the social media behemoth.
FTC sues Facebook in antitrust lawsuit as regulators mount offensive
There are multiple ways to approach digital payments, and Facebook wants to cover them all.
Enter Facebook Financial: All Bases Covered From Crypto to Stablecoins
Facebook is determined not to take “no” for an answer when it comes to fintech.
Facebook Goes All-In on Fintech With Launch of New Product Group