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    Facebook and Instagram To Stop Support NFT on April 11

    Cryptory.net - Facebook and Instagram announced that they will stop supporting NFTs on April 11.

    Meta Prepares To Lay Off Thousands of Employees This Week

    Cryptory.net - The Facebook parent company Meta is planning to lay off thousands of employees this week amid economic challenges.

    Meta’s Metaverse Continues to Suffer Heavy Loss in Q3 2022

    Cryptory.net - In the last one year, Meta has reported a loss of $9.4 billion for metaverse alone.

    NFT Market Roundup For Last Week

    This article will summarize all the prominent activities in NFT space during the past week.

    Meta Rolls Out NFT Cross-posting and Sharing on Instagram

    Cryptory.net - Users in 100 countries can now connect their digital wallets, post and share NFTs.

    Meta Lets Facebook and Instagram Users Post NFTs from Digital Wallets

    Facebook and Instagram users can now link crypto wallets to their accounts and start sharing digital collections.

    Meta’s Metaverse Division Reports $2.8B Loss in Q2 2022

    Cryptory.net - Reality Labs, Meta's virtual reality and metaverse division, continued to struggle in Q2 with a huge loss of $2.8 billion.

    Meta Allows Creators to Post Their NFTs on Facebook

    Cryptory.net - Apart from Instagram, Meta has also confirmed that Facebook will also support NFTs.

    Meta Partners With Polygon to Build an NFT Platform for Its Social Channels

    According to CEO Ryan Wyatt's announcement on Twitter, Polygon is currently working with Meta to create the NFT platform for Instagram and Facebook.