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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…
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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…
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The FBI is sounding the alarm on a cryptocurrency scam that’s cost some Americans their entire life savings. According to an abc13 report, the bureau alleges that ICHCoin, which lured victims under the pretense of offering a crash course on…
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Crypto scam ads promising wild riches have appeared on Facebook for years, yet there seems to be little progress in stopping them once and for all. With every passing week, the number of audacious crypto scam ads online — and…
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A U.S. judge rejected Meta Platform’s bid to dismiss a lawsuit by billionaire Australian mining tycoon Andrew Forrest. The lawsuit revolves around a series of deceptive Facebook ads featuring Forrest endorsing fake crypto projects and other fraudulent investments. Forrest is…
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While the buzz surrounding the metaverse has definitely died down, some big brands are still rolling out exciting new virtual worlds. Back in October 2021, Mark Zuckerberg made a huge announcement: Facebook was going to rebrand as Meta. This was…
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Phantom Wallet, a widely used app for accessing Solana’s web3 ecosystem, has surpassed Facebook and ChatGPT in the Google Play Store’s U.S. rankings.
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What exactly is surveillance capitalism, and why should you be worried about your online footprint? In today’s digital age, your personal data is a commodity, a cornerstone of what has been termed by Harvard professor Shoshana Zuboff as “surveillance capitalism.” …
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Congresswoman Maxine Waters raised concerns over Meta’s recent trademark filings related to crypto, seeking clarification on the company’s plans in web3. Rep. Maxine Waters (D-Calif.) sent a letter to Meta executives, seeking answers about Meta’s apparent intention to expand its…
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Meta is reportedly planning to cut staff in their Reality Labs division, a wing of the tech company focusing on the metaverse
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Meta is bringing Horizon Worlds beyond virtual reality headsets after more than a year and a half in development. In a blog post on Sept. 14, Meta announced that Horizon Worlds, a collaborative virtual reality (VR) platform built by Meta,…
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The Sui Network aims to simplify web3 access, enabling user registrations on its apps without having to manage an external crypto wallet or seed phrase.
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The social media giant launches a new teaching program in the US, anticipating growing momentum for VR education tools in Europe. Meta, the parent company of Facebook and Instagram, is launching a new program for teachers in the US to…
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Former Meta and PayPal exec David Marcus believes Bitcoin's underlying technology could serve as the basis for a universal financial protocol on the internet.
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Thailand has warned Facebook of a potential shutdown due to the rise in crypto scams and misleading ads on the platform. The Minister of Digital Economy and Society (DES), Mr. Chaiwut Thanakmanusorn, is taking action against fraudulent activities on Facebook.…
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Meta's Reality Labs division recorded a $3.7 billion operating loss in Q2 this year, yet the social media giant remains fully committed to metaverse development.
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