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The Sandbox Co-Founder Says Meta Acquisition Rumor Is 'Totally Fake'

Responding to swirling speculations Meta (formerly Facebook) is acquiring The Sandbox, co-founder and COO of the metaverse startup Sebastien Borget says "it's totally fake," adding, "I hope it will never be happening." Plus, his thoughts on what Meta is getting wrong about its metaverse plans and the wider race among tech giants to dominate metaverse technology.

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시장

First Mover Asia: Preços de Cripto Despencam Tarde Após Fracos Lucros Meta

Bitcoin e ether caíram drasticamente depois que a empresa anteriormente conhecida como Facebook disse que sua divisão de realidade virtual/aumentada perdeu US$ 10 bilhões em 2021.

People taking a plunge. (Mike Powell/Getty Images)

금융

Meta relata prejuízo de US$ 10,2 bilhões em operações de realidade aumentada/virtual em 2021

A empresa anteriormente conhecida como Facebook também relatou uma receita de US$ 2,3 bilhões em 2021 proveniente da divisão recém-criada.

(Justin Sullivan/Getty Images)

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Where Is Diem Creator David Marcus Headed Next?

David Marcus, co-founder of the Diem project (formerly Libra) originally launched from Meta (formerly Facebook), tweeted Tuesday, predicting that bitcoin will be the No. 1 asset in the next 20 years, while the No. 2 asset is yet to be determined. This comes as Silvergate Bank confirmed Monday Diem is shutting down.

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금융

Aquisição dos ativos da Diem pela Silvergate é positiva para o lançamento da Stablecoin, dizem analistas

O banco focado em criptomoedas planeja lançar uma stablecoin até o final do ano.

Silvergate bank

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Diem Confirms Shutdown as Silvergate Acquires the Project’s Assets

CoinDesk’s Nikhilesh De weighs in on Silvergate Bank confirming Monday it’s purchasing the technology and other assets from Diem, the stablecoin project from Meta Platforms (formerly Facebook) announced as Libra in June 2019.

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금융

Diem confirma desligamento enquanto a Silvergate adquire os ativos do projeto

O Facebook (agora Meta) está oficialmente encerrando o projeto de stablecoin anunciado em junho de 2019.

(Nick Otto/Bloomberg via Getty Images)

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Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down

Meta (formerly Facebook) is joining the Crypto Open Patent Alliance (COPA), a consortium of tech and crypto companies led by Jack Dorsey’s payments company, Block (formerly Square). This comes as Meta winds down its Diem project, reportedly selling its intellectual property to Silvergate Bank for $200 million to pay back investors.

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금융

Meta se junta à Cripto Open Patent Alliance da Block enquanto Diem supostamente está encerrando suas atividades

Ao aderir à COPA, as “CORE patentes de Tecnologia de Cripto ” da Meta devem evitar litígios futuros.

(Justin Sullivan/Getty Images)

의견

Refletindo sobre o hilário e merecido fracasso do Facebook na Cripto

Diem: descarrilou, adiado, agora morto.

Facebook CEO Mark Zuckerberg during testimony about the Libra digital currency project before the House Financial Services Committee on October 23, 2019.