The short-lived NFT features were first launched in May, but Meta’s financial technology lead said it is “winding down” the tools to focus elsewhere.
Big Tech firm Meta is scrapping its nonfungible token features across its social media platforms, Facebook and Instagram, around 10 months after they first launched.
Circle Internet Financial’s $3.3 billion cash reserves problem was seemingly solved Sunday when federal regulators promised that depositors of failed Silicon Valley Bank would be made whole in short order. But Circle’s USDC stablecoin isn’t out of the woods.
Binance has expanded its Proof-of-Reserve (PoR) report to include 11 more tokens, bringing the overall amount of funds verifiable via the exchange's PoR system to over $63 billion.
One of the most talked about controversies around cryptocurrencies like Bitcoin has been their potential negative impact on the environment. BTC uses a “proof-of-work” (PoW) consensus system to validate transactions on the blockchain. This means that chain validators called miners compete against each other using vast amounts of computing power to be the first to solve a mathematical puzzle and get to set transfers in the next block.
Cramer Coin (CRYPTO: CRAMER) gained 182% in the last seven days, outperforming top meme coins such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).
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