Polygon surges 10% following Instagram integration announcement

Meta has announced an end-to-end toolkit allowing Instagram users to mint NFTs on the Polygon (MATIC) blockchain and sell them on social media. The move has made MATIC one of the best-performing digital assets in the last 24 hours, rising by over 10% to $0.95. Meta turning Instagram into an NFT marketplace According to the…

Meta to end Novi crypto program by September 1

Meta has disclosed plans to discontinue its Novi pilot crypto program by September 1, according to Bloomberg. Per the project’s website, Novi services will no longer be available on its application and WhatsApp. The firm revealed that users will not be able to make deposits into their accounts from July 21 while advising those with…

Mark Zuckerberg reveals Instagram’s NFT dreams

Due to the rising popularity of NFT technology, almost every social media site has revealed plans to integrate the feature on its platform, and it is no surprise that the largest amongst them also have the same plans. NFTs on Instagram Mark Zuckerberg, in a recent statement, revealed that Instagram would also be joining the…

Facebook’s Meta plans to allow users to create and sell NFTs

Facebook’s Meta is reportedly working on a feature that will allow users to mint collectible tokens and display their NFTs on their social media profiles. According to sources familiar with the matter, Meta has also discussed launching a marketplace for users to buy and sell NFTs. Meta jumps aboard the NFT train There seems to…