The NFT feature is live on Instagram across 100 countries following multiple testing phases. The social media giant Meta has rolled-out non-fungible token feature on Instagram after going through a series of testing in May. And, the company has integrated with Coinbase wallet (COIN) and Dapper. Meta’s founder and CEO Mark Zukerberg confirmed it on
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On Monday, the official Instagram account of the Bored Ape Yacht Club (BAYC) was hacked to push a false phishing link that was used to steal millions of dollars in non-fungible tokens (NFTs) from victims. The address thought to be linked to the exploit has been blocked by OpenSea, the largest NFT marketplace, but blockchain
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Instagram’s non-fungible token (NFT) feature will be launched soon, according to Mark Zuckerberg. The statement was made by Meta’s CEO during South by Southwest (SXSW). Earlier this year, the business unveiled its plans for NFTs, though the details were sparse. Zuckerberg specifically stated that the feature would be implemented in the near future, although he
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Meta is to introduce support for non-fungible tokens (NFTs) to its social media platforms Facebook and Instagram, according to a recent report by the Financial Times (FT). More so, According to the report, Meta is attempting to cash in on the NFT frenzy by incorporating a new marketplace into its already-popular social networking platforms. So,
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As per Information on Instagram chief executive officer, Adam Mosseri. Notably, the platform is exploring NFTs and possible ways of leveraging it. Furthermore, Mosseri reveals this through some comments in an Instagram Q&A over the weekend. Of course, a suggestion notes labeling Instagram posts that offer NFTs as “collectibles.”However, Instagram chief executive officer, Adam Mosseri,
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