Novi
Three years after Facebook announced its ill-fated push into cryptocurrency, aka the Libra project, the tech giant has signalled another scaling back of its activity — announcing Friday that Novi,…
Novi is building a B2B marketplace for brands that care about sustainability
It’s that old chestnut: You are a fancy-pants brand wanting to make a product that makes you feel all warm and fuzzy inside because you only use fair-trade, sustainably grown…
WhatsApp begins offering Novi money transfers to some users in the US
Facebook has announced that a limited number of people in the US will now be able to send and receive Novi payments from within WhatsApp.
Facebook’s top crypto executive David Marcus is leaving the company
Facebook parent company Meta is losing its top crypto executive later this year. David Marcus who leads crypto unit Novi and previously helmed the company’s Messenger unit, announced Tuesday that…
Facebook scales back its crypto ambitions once again
Facebook is launching a small pilot of its cryptocurrency wallet named Novi. A limited number of people in the U.S. and Guatemala can sign up to Novi and start using…
According to a report from the Financial Times, Facebook-backed cryptocurrency Libra could launch in January. More interestingly, the Libra Association, the consortium created by Facebook, could scale back its ambitions…
Morgan Beller, co-creator of the Libra digital currency, just joined the venture firm NFX
Morgan Beller, who is a co-creator of the proposed Libra digital currency, along with Facebook vice presidents David Marcus and Kevin Weil, has left the company to become a general…
