Meta Files “Meta Pay” Trademark Applications Hinting at Cryptocurrency Services

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Meta Platforms Inc. – the owner of the Meta (formerly Facebook) brand – filed for five trademark applications on Friday under the name of “Meta Pay”. They appear to be dedicated to a new digital payments platform that will integrate various cryptocurrency and blockchain-related products. Examining “Meta Pay” According to the applications filed on May … Read more

Flow Launched a $725M Fund Backed by a16z, DCG, Coatue

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NBA Top Shot’s host blockchain Flow announced a new $725 million Ecosystem Fund backed by its parent company’s investment arm, Dapper Ventures, and crypto-focused VCs, including a16z, Coatue, and Digital Currency Group. Dedicated to boosting developments in its ecosystem, the fund will offer investments, in-kind support, and FLOW token grants to eligible developers building applications … Read more

Former Meta Executive David Marcus Unveils Bitcoin-Focused Startup

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David Marcus has announced the launch of a new company called Lightspark, which aims to expand on the utility and capabilities of Bitcoin. This comes months after he left Meta’s cryptocurrency attempt – Diem – where he spearheaded the project. Marcus announced the news in a tweet thread on Thursday (May 12, 2022), stating that … Read more