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Russia Blocks Instagram Amid Widening Social Media Crackdown

(AP) — Russian regulators said Friday that internet users will be blocked from accessing Instagram because it’s being used to call for violence against Russian soldiers, in Moscow’s latest move to tighten up access to foreign social platforms. The communications and media regulator, Roskomnadzor, said in a statement that it’s restricting national access to Instagram because the platform is spreading “calls to commit violent acts against Russian citizens, including military personnel.” Facebook parent Meta Platforms, which also owns Instagram, didn’t respond immediately to a request for comment. Roskomnadzor specifically cited a Thursday tweet by Meta spokesman Andy Stone conveying a company statement saying it had “made allowances for forms of political expression that would normally viola...

Saweetie Chops It Up With Chlöe Bailey For ‘Icy University’ In The Metaverse

HipHopWired Featured Video Source: Screenshot / Icy University Women’s History Month is in full swing and the good folks at Meta Quest have a full slate of programming in support of the celebration. Fans of Saweetie already know how much of a boss she is, and she welcomed to her Icy University platform a fellow superstar sister in Chlöe Bailey for a chat. Now in its second season, Saweetie’s previously hosted a number of stars from music and entertainment on Icy University such as Mozzy and G Herbo among others, and the appearance of Chlöe Bailey on the program is definitely one to not miss. In the clip, Chlöe shows off some impressive interviewing skills and asks the “Tap In” rapper questions that certainly have been brewing in the minds of her legion of fans. Related Stories In addition ...

Is there a future for digital fashion in the Metaverse?

ourtesy of Kat Taylor Cattytay, digital fashion appeared in 2017. However, we began to talk loudly about it only in 2020. It all began five years ago when Kat first made an Instagram post with the caption “Virtual Clothing!!!” Then, there was a collaboration with Adidas, Off-White, Vetements and Balenciaga. These brands were interested in introducing fashion digitalization even before it blew up in the mass media discourse. Note that the COVID-19 pandemic had yet to happen and people were not stuck at home. Thus, there was no need for digital clothing at all. Nevertheless, it happened and fashion digitalization was predicting the future in the virtual realm. Related: Haute Couture goes NFT: Digitalization at the Paris Fashion Week Of course, we all have tested virtual clothing in computer ...

Snow Crash’s Metaverse was filled with ads in 1992, and the real one will be too

Neal Stevenson’s Snow Crash, a techno-dystopian science-fiction novel that has become a legend among Silicon Valley tech bros, predicted the rise of a future Metaverse all the way back in 1992.  Despite Stephenson saying that he was “just making sh*t up”, the eerily accurate predictions and worldbuilding of Snow Crash have been long-revered by tech entrepreneurs and futurists including Jeff Bezos and Mark Zuckerberg. Now, Stephenson’s striking fictional depictions of a Metaverse oversaturated with the neon glow of commercial advertising rings truer than ever as Web3 designers and marketers gear up to begin advertising in the Metaverse(s) of today. On Feb. 23, mixed-reality NFT platform Realm announced a partnership with decentralized advertising exchange Alkimi. Realm stated it intend...

Do South Africans Know How Facebook Collects Their Data?

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Facebook Reels Has Finally Launched in These Sub-Saharan African Countries

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More playing and less earning will make better Metaverse games

If you’re not keen on joining Mark Zuckerberg in the Metaverse, I have bad news for you: You’re already there. You don’t need a virtual reality headset to enter a virtual world. Humans have been representing reality since our distant ancestors first painted on cave walls. If TV, radio, books or newspapers have ever given you access to events that you did not physically attend, you have experienced a kind of metaverse already.  Sport and games are another reality that we often partake in virtually — in the stands or behind a screen — when not on the field. So, it’s no coincidence then that, thus far, games dominate what most people understand as the Metaverse, or more widely, Web3. Our innate love of play, our understanding that fulfilling games depend on rules and structures and our w...

Bitcoin surges toward $39K as stocks volatility keeps Wall Street on edge

Bitcoin (BTC) kept investors guessing with tech stocks as Wall Street opened on Feb. 4, circling $38,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks continue volatility Data from Cointelegraph Markets Pro and TradingView followed a ranging overnight period for BTC/USD, bulls hoping for clearer validation of recent gains. After 15% daily gains the day before, Amazon (AMZN) continued its uptrend on Feb. 4, jumping 10% at the open, while embattled Meta (FB) dipped further. In what has become an increasing focus of attention among analysts, curiously volatile tech stocks thus showed few signs of steadying at the opening bell. Bitcoin, after losing $800 in the hour beforehand, thus recouped all of those losses and more, underscoring its positive stocks correlation. ...

Majority of US consumers say no to Meta owning metaverse data: Survey

A survey of 1,000 United States consumers around growing interest in the metaverse has revealed some interesting results.  In a survey commissioned by nonfungible token and metaverse infrastructure provider Advokate Group, 87% of respondents preferred a decentralized metaverse on a blockchain over some of the mega projects planned by tech giants. This became more evident when 77% of the respondents shared concerns over Facebook’s entry into the metaverse, especially since it owns users’ metaverse data. Facebook’s tainted past with mismanagement of private user data has already dismantled its early plans of launching a stablecoin called Diem. The stablecoin project faced heavy scrutiny from the U.S. Congress, and the project eventually came to a crashing end. A similar concern ha...

Diem stablecoin co-founder praises Bitcoin for censorship resistance

Shortly after Meta, formerly Facebook, officially gave up on its stablecoin Diem, some of the key people in the project have become increasingly vocal about the uncensorable nature of Bitcoin (BTC). David Marcus, a co-founder of Diem — originally known as Libra — took to Twitter on Tuesday to predict that Bitcoin will be the No. 1 asset in the next two decades. It’s become clear to me that #Bitcoin will be the one asset and L1 still around in 20+ years with increased compounding relevance over time. The #2 slot (for a different use case) is still tbd. #Ethereum is in the lead for now, but #Solana and others nipping at their heels. 1/2 — David Marcus – dmarcus.eth (@davidmarcus) February 1, 2022 “It’s become clear to me that Bitcoin will be the one asset and L1 still around in 20+ yea...

Meta goes Brazil to trademark Bitcoin and crypto services

Meta, the world’s biggest social media platform, has filed a trademark registration with the Brazilian authorities to design, develop and provision hardware and software for various Bitcoin (BTC) and crypto-related services.  Meta recently rebranded from Facebook as a move to better align with the Metaverse developments despite regulatory hurdles faced during its numerous previous attempts to enter the crypto space. Accelerating this effort, Meta filed a trademark registration with the Brazilian National Institute of Industrial Property (INPI) for crypto products and services related to trading, wallets and exchanges platforms. Meta’s trademark filing with the Brazilian INMI. Source: INPI Further investigations from Cointelegraph reveal a translated version of the specifications...

Zuckerberg’s Diem reportedly weighing sale after stablecoin plans falter

Meta-backed crypto initiative “Diem” is reportedly trying to sell its assets, seemingly calling time on Facebook founder Mark Zuckerberg’s grand ambitions for a stablecoin to act as the internet’s currency. Diem — which was previously known as Libra — is Meta Platform’s cryptocurrency initiative. According to insider sources speaking with Bloomberg, it is considering selling assets to return capital to its investors. The sources said that Diem is in discussions with investment bankers to determine the best way to sell its intellectual property and cash out on whatever value the project has maintained. It’s unclear how the company will be valued, and there is no guarantee that they will be able to find a buyer. According to the source, about a third of the venture is owned by Meta. The rema...