Why Meta Joined The Board Of This Crypto Protection Initiative
In an official post, the Crypto Open Patent Alliance (COPA) has welcomed Meta, previously known as Facebook, to its board. The organization called it the “biggest cryptocurrency patent commitment to data” as the big tech company joins Coinbase and the Jack Dorsey-led Block. Related Reading | Facebook (Meta) Removes It’s Ban Of Crypto Ads As […]
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PRESS RELEASE. Panther Protocol has joined forces with StackOS, a decentralized cloud protocol, to deliver privacy and data protection tools. As a meta-protocol focused on end-to-end privacy for any digital asset, Panther is of great interest to virtually all DeFi users looking to benefit from personal financial data protection and confidential cryptocurrency transactions. Panther zAssets are 1:1 backed representations of the underlying assets they represent, offering users all of the benefits of private transactions in this emerging asset type. Under the Partnership agreement, Panther....
The billionaire investor may be stepping down from Meta’s board along with Peter Thiel due to concurrent investments in Web3 that conflict with Meta’s interests. Billionaire co-founder of crypto venture capital firm A16z Marc Andreessen may be leaving the board of directors of Meta due to his firm’s investments in the Web3 space.Business Insider reported on Mar. 25 that a source familiar with the situation said “it would not surprise me even remotely” if Andreessen exited the board in the next few months. Andreessen could leave as soon as May when the board has its next....
Meta joined Alphabet and Microsoft in releasing disappointing quarterly financials, following the company’s Q2 earnings call. In a week of a disappointment for mega-cap stocks, the trio has all missed revenue and earnings expectations, with Meta seeing its first quarterly sales decline ever recorded.
Economic Slowdown
Due to the current global economic slowdown, markets had anticipated that earnings of mega-cap stocks which account for 40% of the Nasdaq, and 30% of the S&P 500 could face a bloodbath.
However, although earnings have disappointed, and came in....
Meta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay.” The filings cover a wide range of cryptocurrency services. The company is renaming Facebook Pay to Meta Pay.
Trademark Applications for Meta Pay
Meta Platforms Inc., formerly Facebook, filed five trademark applications for “Meta Pay” with the United States Patent and Trademark Office (USPTO) last week.
Trademark attorney Josh Gerben tweeted explaining Wednesday that, in his opinion, Meta’s applications indicate the company is planning to....
By joining COPA, Meta will become one of 30 other businesses that have committed not to enforce their “core cryptocurrency patents.” The Crypto Open Patent Alliance (COPA) has welcomed Meta as a member, with the social media giants vowing to make its core crypto patents accessible to all.Meta, formerly Facebook, has joined the COPA, a group that advocates for public patents on crypto and blockchain-related technologies. On Monday, the organization published a statement announcing Meta and noting that Shayne O'Reilly would be its representative.By joining COPA, Meta will become one of 30....