News with the tag "Facebook"

Blockchain firm Movement's public mainnet is set to launch in beta, continuing the progress toward deploying Movement Virtual Machine (MoveVM) on Ethereum. The mainnet will roll out Monday with over $233 million worth of BTC, ETH, and native assets, MOVE, in liquidity raised through Movement's Cornu...

The North American Securities Administrators Association has sounded the alarm on crypto and social media scams, warning that fraudsters are ramping up their tactics to lure in unsuspecting investors. In a March 6 statement , NASAA flagged cryptocurrency and social media scams as a top threat to ret...

Banking giant JPMorgan Chase is reportedly denying a customer’s massive reimbursement claim. Single mother Marisel Ballard says she lost $80,000 from her JPMorgan business account after thieves hacked into her social media setup, reports FOX San Antonio. Ballard, who owns the Trustworthy Cleaning Se...

A new study from the University of Georgia (UGA) has found that social media users are more likely to invest in crypto. The research concluded that engagement on platforms like YouTube, Reddit, and X increases the likelihood of investing in digital currencies. Social Media’s Influence on Crypto Inve...

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Ben Schiller, CoinDesk’s Opinion and Features editor. In this issue: Movement Labs rolls out dev mainnet Cardano hard forks to decentralized governance SSV DAO unveils SSC 2.0 Mus...

Blockchain firm Movement Labs has deployed a developer mainnet to advance its goal of bringing Facebook (META)'s Move Virtual Machine (MoveVM) to Ethereum. The developer mainnet's launch will begin the deployment of Movement's core infrastructure and allow selected partners to start implementing dec...

A Malaysian accountant has lost half a million to Bitcoin scammers. According to reports, the victim, a 61-year-old accountant, lost about RM460,888 to the bad actors after making a bad investment decision. According to the police report, the Malaysian accountant was enticed by the returns of a Bitc...

Brazil wasn’t pleased with Meta’s decision to rely on community notes, stating it would not subject its population to social media platforms that lead to “digital carnage or barbarity.”

Mark Zuckerberg’s company is forcibly removing any links to competing platforms mere days after declaring, “More Speech and Fewer Mistakes” across its platforms.

The allure of a corporate treasury that’s chock-full of cryptocurrency is enticing the National Center for Public Policy Research (NCPPR) yet again. This time, the group has Meta Platforms Inc. in its crosshairs. Ethan Peck, a National Center employee, submitted a Bitcoin Treasury Shareholder Propos...