Meta is also working on 3D augmented reality NFTs that will be compatible with Instagram stories.
Crypto majors dropped in European morning hours on Monday amid a slump in broader global markets.
Cryptocurrency exchange Coinbase Global Inc. (COIN) will continue to face headwinds as the company is set to report first quarter earnings on Tuesday after the market close.
Cryptocurrency-focused financial services firm Galaxy Digital has recorded a net comprehensive loss of $111.7 million for the quarter-ended March 31 2022.
The drop is likely due to falling token prices and risk-off sentiment in the broader market, analysts said.
LDO surged 27% in the past 24 hours with most of the gains coming in Asian morning hours.
Bitstamp, Europe’s largest crypto exchange, has appointed former chief compliance officer JB Graftieaux as its new CEO following the departure of Julian Sawyer.