Tag: novi

Dec 09 2021

Nov 30 2021

Oct 20 2021

Facebook is Planning a Rebranding of its Name, Here’s the Crypto Connection

Oct 20 2021 Published at Coingape under tags  blockchain news ethaud ethbkrw ethbrl ethbtc

Facebook, the world's largest social media platfrom is reportedly looking for a rebranding of its name in the coming week, as per a report published in The Verge. The Verge report cited an insider with direct knowledge of the matter. The report indicates that Mark Zukerberg is focused on rebranding Facebook to project it more The post Facebook is Planning a Rebranding of...

U.S. Senators Urge Facebook To Discontinue Novi And Diem Crypto Projects

Five U.S. Senate Democrats have called for Facebook to discontinue its crypto projects. The senators addressed a letter to CEO Mark Zuckerberg on Tuesday just hours after the launch of its...

Oct 19 2021

Coinbase To Power Social Giant Facebook’s New Novi Crypto Wallet

Things continue to turn positive for the crypto industry and its poster child platform, Coinbase. The custody arm of the San Francisco cryptocurrency exchange that caters to retail and institutions alike, was selected by Facebook to power the company's new Novi app, according to a blog post. Facebook is running a pilot program of Novi in the United States and Guatemala, which...

Oct 12 2021

Aug 27 2021

Facebook is Thinking About Adding NFT Support to its Novi Digital Wallet

According to David Marcus, Facebook’s head of financial services, former PayPal president and Coinbase board member, the social media giant is considering different options to integrate non-fungible token (NFT) functionality in its new crypto wallet Novi. The news came shortly after Marcus criticized the global payment systems, calling them “costly, slow, and not interconnected” in the recent blog post.

Aug 25 2021

Facebook Ignores Bitcoin, Works on NFTs and Stable Coins Instead

Aug 25 2021 Published at Bitcoin Magazine under tags  altcoin bitcoin business diem facebook

Novi and Diem (Formerly known as Libra) underline the fact that Facebook simply doesn’t understand Bitcoin, and continues to flounder on delivering even its own stablecoin project, or a single NFT.David Marcus, co-creator and a board member of Diem (formerly known as Libra), which is a centralized cryptocurrency project initiated by Facebook, emphasized in an interview with...

Aug 20 2021

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