![Meta committed to metaverse despite $3.7b Q2 loss](https://crypto.news/app/uploads/2023/02/meta-metaverse-helmet--880x525.jpeg)
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![Here’s why SUI price can surge to $16, while APT can hit $22 by 2025 end](https://crypto.news/app/uploads/2024/10/crypto-news-daddy-crypto-price-option03-880x523.webp)
News
Analysts see potential for SUI and APT to climb to $16 and $22, respectively, by year-end 2025, driven by increasing adoption, network growth, and improving market sentiment. Sui (SUI) and Aptos (APT), both based on Meta’s Diem project, could see…
![Shareholder pokes Facebook parent Meta to fill corporate treasury with Bitcoin](https://crypto.news/app/uploads/2024/02/crypto-news-Mark-Zuckerberg-wearing-a-Metaverse-AR-headset01-880x525.webp)
News
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…
![Linda Yaccarino teases X Money and X TV in New Year’s post](https://crypto.news/app/uploads/2024/01/crypto-news-X-Twitter-option04-880x525.webp)
News
The CEO of X, Linda Yaccarino, has hinted at the possibility of launching X Money along with other innovations for the social media platform in 2025. Many speculate that X will introduce its own cryptocurrency, given Elon Musk’s support for…
![Australian regulator takes Meta to court over ‘deceptive’ crypto ads on Facebook](https://crypto.news/app/uploads/2024/02/crypto-news-Meta-option04-880x525.webp)
News
Australia’s competition regulator has highlighted that the majority of crypto ads on Meta’s Facebook are likely scams. According to the Australian Competition and Consumer Commission’s filing with the Federal Court of Australia, Meta has been aware since 2018 that a…
![Judge: Meta must face lawsuit over Facebook crypto ads](https://crypto.news/app/uploads/2024/02/crypto-news-St.-Valentine-article-about-the-rise-of-dating-apps-scams01-880x525.webp)
News
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…
![Ark Invest sells $31m in Coinbase, buys Meta amid Bitcoin rally](https://crypto.news/app/uploads/2023/12/crypto-news-Cathie-Wood-option01-880x525.webp)
News
Ark Invest, led by Cathie Wood, has sold nearly $31 million worth of Coinbase shares as Bitcoin approached a new all-time high, nearly reaching the $69,000 mark on March 4. The investment manager executed the sale of 134,749 Coinbase shares…
![Meta’s metaverse developer reports all-time high net loss in Q4, 2023](https://crypto.news/app/uploads/2024/02/crypto-news-Mark-Zuckerberg-wearing-a-Metaverse-AR-headset01-880x525.webp)
News
Reality Labs, Meta’s subsidiary focused on developing the metaverse, recorded an operating loss of $4.65 billion in the last quarter of 2023. Meta keeps doubling down on its bet on the metaverse as its expenses to develop virtual reality hit…
![Meta faces pressure from Congresswoman Maxine Waters over crypto trademark filings](https://crypto.news/app/uploads/2023/11/crypto-news-electrical-coins-on-the-metal-table-dark-neon-color-galaxy-on-the-background-cyberpunk-880x525.jpg)
News
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…
![‘Metaverse technology is still immature, but in 30 years, everyone will use it’](https://crypto.news/app/uploads/2023/09/crypto-news-change-of-virtual-reality-bright-neon-colors-cyberpunk-style-v5.2-880x525.png)
Feature
Crypto.news spoke with David Shrier, the author of the book 'Basic Metaverse,' about the future of the virtual world.
![Xbox crypto wallet rumors raise hopes: How other tech giants navigate cryptocurrency](https://crypto.news/app/uploads/2023/06/crypto-news-gamepad-xbox-galaxy-background-bright-tones-low-poly-style-880x525.jpg)
Feature
Uncover how major tech companies are exploring the cryptocurrency frontier. From patents to partnerships, delve into the unique approaches and initiatives leading the tech-crypto integration narrative.
![Meta’s Zuckerberg reveals new photorealistic avatars for metaverse](https://crypto.news/app/uploads/2023/05/crypto-news-asian-man-is-wearing-a-virtual-reality-glasses-side-view-city-background-bright-neon-color-cyberpunk-880x525.jpeg)
News
Meta CEO Mark Zuckerberg gave his first interview in the metaverse using high-quality Codec Avatars
![Meta brings Horizon Worlds to mobile devices and web](https://crypto.news/app/uploads/2023/09/crypto-news-change-of-virtual-reality-bright-neon-colors-cyberpunk-styl-v5.2-1-880x525.png)
News
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,…
![Meta announces new metaverse program with US universities](https://crypto.news/app/uploads/2023/09/crypto-news-people-texting-front-side-view-modern-city-background-day-light-low-poly-sty-v5.2-880x525.png)
News
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…
![Thailand threatens Facebook shutdown over crypto scams](https://crypto.news/app/uploads/2023/06/FinTech-Festival-Thailand03-880x525.jpg)
News
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.…
![Meta committed to metaverse despite $3.7b Q2 loss](https://crypto.news/app/uploads/2023/02/meta-metaverse-helmet--880x525.jpeg)
News
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.
![Scammers exploit Threads launch, impersonating crypto Twitter users](https://crypto.news/app/uploads/2023/06/crypto-news-twitter-logo-front-side-view-blockchain-blurry-background-bright-neon-colors-cyberpunk-style-v5-880x525.jpg)
News
Threads, Meta's newly launched microblogging app, has become a target for scammers who are wasting no time in their attempts to deceive users. The platform has already drawn the attention of several influential Crypto Twitter users, who are sounding the alarm about imposter accounts lurking on Threads.