Meta Cuts 10K More Workers After Scrapping NFT Plans
The company today announced another round of layoffs, one day after saying that it was “winding down” support for NFTs.

The company today announced another round of layoffs, one day after saying that it was “winding down” support for NFTs.
After just a year of supporting the sharing of digital collectibles on its Instagram platform, Meta is pausing the project. Meta Commerce and Fintech lead Stephane Kasriel announced the change on Twitter. The tech and social media giant is winding down its digital collectibles initiative “to focus on other ways to support creators, people, and businesses,” Kasriel wrote. Last year, Meta made a big push into digital collectibles after Mark Zuckerberg, CEO of Instagram’s parent company Meta, annou...
Instagram will soon have NFT creation and trading tools built in, but in-app purchases will be "subject to applicable app store fees."
Grab these commemorative NFTs before it’s too late as some of the collections come in limited quantity and duration!
Meta CEO and Facebook Co-Founder Mark Zuckerberg announced the expansion of their non-fungible token (NFT) features for Instagram. Deployed on ...
Mark Zuckerberg's company, which posted a sharp loss in its Metaverse division in Q2, unveiled its digital asset expansion strategy on May 10, 2022.
INTERNET CITY, DUBAI, Jul. 20, 2022 – LBank Exchange, a global digital asset trading platform, has listed META OCTAGON (MOTG) ...
In the morning, I watched V God’s live broadcast on ETH Shanghai, and I would like to share some new insights with you.
Hyundai also gave cryptic clues to a possible metaverse in line with its earlier concept for robots to bridge the real and virtual worlds to enhance mobility.