On Aug 29, Facebook and Instagram’s parent company Meta announced that its users will now be able to post digital collectibles and Non-Fungible Tokens, or NFTs, across both platforms by simply connecting their digital wallets to either site. We’re introducing the ability to post digital collectibles across @facebook and @instagram. You can now connect your digital wallet to either app to share your #NFTs on both. What NFT are you excited to share? https://t.co/wa2wkWfI7p pic.twitter.com/SlpwAuY02c — Meta Newsroom (@MetaNewsroom) August 29, 2022 While Meta’s announcement may have seemed to some like a mass adoption win for some digital asset enthusiasts, not all members of Crypto Twitter were thrilled by the news. Skeptical users took to social media to express concerns surrounding the secu...
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As the global Web3 ecosystem continued to evolve at a staggering pace, so have the various use cases associated with this niche. In a striking new development, a high-ranking Singaporean government minister recently noted that legal marriage proceedings, court case disputes, and government services could one day be conducted using Metaverse platforms. While delivering a keynote address at Singapore’s TechLaw Fest 2022 late last month, the country’s second minister for law, Edwin Tong, was quoted as saying that he would not be surprised if, in the future, intimate events such as the solemnization of marriages as well as legal disputes “could take place within the Metaverse,” adding: “It would not be unthinkable that, besides registration of marriages, other government services can soon be a...
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Flow (FLOW) logged its best daily performance on Aug.4 after becoming the latest blockchain to support Instagram’s nonfungible token (NFT) features. Insta-made FLOW rally Meta CEO Mark Zuckerberg announced on Aug. 4 that Instagram had expanded its NFT support to 100 more countries in Africa, the Asia-Pacific, the Middle East and the Americas. As a result, more users can post digital collectibles minted on the Flow blockchain on Instagram. The high-profile integration helped FLOW surge 54% to reach an intraday high of $2.83 a token. Interestingly, the token’s massive upside move accompanied a spike in its daily trading volumes, confirming some weight behind the bullish trend. FLOW/USD daily price chart. Source: TradingView Like any blockchain native asset, the ups and...
According to a Meta newsroom post updated on Thursday, the Mark Zuckerberg-led company has begun its nonfungible token (NFT) expansion across 100 countries in Africa, the Asia-Pacific, the Middle East and the Americas. This includes adding support for wallet connections with Coinbase Wallet and Dapper as well as the ability to post digital collectibles minted on the Flow blockchain. The initial rollout targets the popular social media app Instagram. One needs to simply connect their digital wallet to Instagram to post an NFT, the company said in its updated post. Third-party wallet integrations with Rainbow, MetaMask, Trust Wallet, Coinbase Wallet and Dapper Wallet are either complete as of Thursday or are coming soon. Supported blockchains at this time are Ethereum, Polygon and Flow. Ther...
Ethereum co-founder Vitalik Buterin doesn’t believe that any of the existing attempts by corporations to create a Metaverse are “going anywhere,” pointing to Meta as being one he believes will “misfire.” Responding to a tweet from Dialectic co-founder Dean Eigenmann, who believes venture capitalists may be wrong about what constitutes an ideal metaverse, Buterin said that while he believes “The metaverse is going to happen,” he doesn’t think any of the current attempts from corporates such as Mark Zuckerberg’s Meta are “going anywhere.” The “metaverse” is going to happen but I don’t think any of the existing corporate attempts to intentionally create the metaverse are going anywhere. https://t.co/tVUfq4CWmP — vitalik.eth (@VitalikButerin) July 30, 2022 The Metaverse...
HipHopWired Featured Video Source: SOPA Images / Getty Instagram got caught out here doing too damn much trying to be like TikTok and is now rolling back some controversial updates. Make Instagram Great Again Do we have to thank the Kardashian klan? Or were our collective groans loud enough to bully the folks on Instagram into pulling the plug on some recent feature changes? Instagram has been under fire from its users, including Kim Kardashian and Kylie Jenner, for what many feel is its attempt to emulate its direct competitor TikTok. The main complaint from the Instagram faithful is that recommended posts are overshadowing posts from friends’ accounts on their accounts. A complaint our very own Bernard “Beanz” Smalls has complained about. Further proof Instagram was trying its best to be...
HipHopWired Featured Video Source: SOPA Images / Getty Instagram got caught out here doing too damn much trying to be like TikTok and is now rolling back some controversial updates. Make Instagram Great Again Do we have to thank the Kardashian klan? Or were our collective groans loud enough to bully the folks on Instagram into pulling the plug on some recent feature changes? Instagram has been under fire from its users, including Kim Kardashian and Kylie Jenner, for what many feel is its attempt to emulate its direct competitor TikTok. The main complaint from the Instagram faithful is that recommended posts are overshadowing posts from friends’ accounts on their accounts. A complaint our very own Bernard “Beanz” Smalls has complained about. Further proof Instagram was trying its best to be...
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