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Neal Stephenson on Meta's Metaverse Plans: It's a Free Competition

"Snow Crash" author Neal Stephenson says he's "suspicious" of any commercial projects where it's not clear how money is made. Plus, his takes on Meta's metaverse plans.

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Instagram’s Move into NFTs: What We Know About Mark Zuckerberg’s Test

Meta (FB) CEO Mark Zuckerberg said that Instagram will begin testing non-fungible token (NFT) integrations this week, with an initial focus on Ethereum-based assets. “The Hash” panel discusses Meta’s plans for augmented reality NFTs with their Spark AR software and potential clashes between Web 2 and Web 3 cultures.

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Finance

Meta Exploring Non-Blockchain-Based Virtual Currency: Report

The company’s plans for NFT features on Facebook and Instagram also continue to advance.

MENLO PARK, CALIFORNIA - OCTOBER 28: A pedestrian walks in front of a new logo and the name 'Meta' on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. A new name and logo were unveiled at Facebook headquarters after a much anticipated name change for the social media platform. (Photo by Justin Sullivan/Getty Images)

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Facebook Owner Meta Sued by Australian Consumer Watchdog for Scam Crypto Ads

The Australian Competition and Consumer Commission says Facebook and Instagram linked fake media articles linking crypto deals to unknowing celebrities.

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Videos

Ex-Meta Coders Raising $200M to Bring Back Diem

In an initiative called Aptos, a group of former Meta coders familiar with the Diem (formerly Libra) stablecoin project are raising capital to bring the Diem blockchain back to life. “The Hash” discusses where Diem stands in the current blockchain ecosystem and potential venture capital interest.

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IG Model Yanna Reacts to Instagram's Algorithm Change, Facebook's Rebrand to Meta and How It Affects Her Business

Following her appearance on "New Money" with Spencer Dinwiddie and Solo Ceesay, Instagram model Yanna joins CoinDesk's "After Show" to catch up with Ceesay and answer viewer questions. She reacts to the recent change in Instagram's algorithm since Facebook's rebrand to Meta. Plus, she hints at her own fitness line and shares advice with viewers on launching their own brands. "Keep building and building ... things will work out."

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From Science Fiction to Virtual Reality: How the Metaverse Started With 'Snow Crash' and Where It’s Going

In this episode of "NFT All-Stars," Metapurse’s Twobador, Marguerite deCourcelle, Jason Bailey (aka Artnome), BT, and Jenny Guo dive into Neal Stephenson’s 1992 novel "Snow Crash," which is celebrated in the crypto space for birthing the metaverse concept. They discuss how Stephenson’s metaverse differs from that of Meta and other tech firms, the formation of digital communities, and the importance of decentralization.

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Meta’s $10B Loss in Metaverse Business Sending Ripple Effect Across Sectors

Metaverse-related tokens took a hit in the past two days as Meta (formerly Facebook) reported a $10 billion loss on its augmented and virtual reality (VR) division in an earnings release earlier this week. How does the setback in Meta’s metaverse strategy impact the market perception of other digital worlds? “The Hash” panel weighs in.

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Videos

Meta's $10B Loss in Metaverse Business Sending Ripple Effect Across Sectors

Metaverse-related tokens took a hit in the past two days as Meta (formerly Facebook) reported a $10 billion loss on its augmented and virtual reality (VR) division in an earnings release earlier this week. How does the setback in Meta's metaverse strategy impact the market perception of other digital worlds? "The Hash" panel weighs in.

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