Digital wallet for cryptocurrency Novi will be closed by Facebook parent Meta, the company has announced. The company will be closed down at the pilot stage itself, before it is fully launched at all. The move takes place as crypto market values fall to new lows and the market is in a state of chaos.
Novi customers can withdraw money and deposit it into their bank accounts in the United States and Guatemala. Users can also request a copy of each piece of information from their profile up to the point of closure.
Meta claimed in a statement to Bloomberg that they “already took advantage of the years invested to establish capabilities for Meta in general on the blockchain and introduce new goods as digital collectibles”.
Furthermore, Facebook and Twitter accounts of the British Army were compromised to advertise crypto fraud, according to the British Ministry of Defense. Exactly when the accounts were hacked is unknown. Both accounts now appear to be operational and functioning regularly.
Both the British Army’s YouTube channel and Twitter account were taken over by hackers. Users were redirected to a fake NFT recovery page of the account. Old livestreams of celebrities, including Tesla boss Elon Musk and former Twitter boss Jack Dorsey, were replaced by the channel’s videos by hackers.
Cryptocurrency prices
The global crypto market value decreased by 1.15 percent to 859.38 billion dollars at 09.00. Global cryptocurrency volume increased by 0.97 percent to $ 40.48 billion, according to Coinmarketcap data.
Bitcoin has new support just over $ 19,000 and other cryptocurrencies were traded flat over the weekend.
The market’s price action is still weak. Volatility is not very high, and the market continues to witness breaks between trend trends. – Gaurav Dahake, CEO and Founder, Bitbns
Bitcoin (BTC), the world’s oldest cryptocurrency, was trading at $ 19,088.10 lower by 0.84 percent in the last 24 hours. Ethereum (ETH) fell 0.76 percent to $ 1,051.93
Among other significant coins, Cardano (ADA) was down 1.40 percent to $ 0.4456, Algorand (ALGO) was trading at a loss of 2.97 percent to $ 0.3013, Solana (SOL) was trading at a loss of 0 , 73 percent to $ 32.69, Polkadot (DOT) was down 0.91 percent to $ 6.70, and Binance Coin (BNB) was down 1.50 percent to $ 215.37
Meme coin and defi prices
Dogecoin (DOGE) was up 0.64 percent to $ 0.06649. Its volume to market value ratio is 0.036145. Rival Shiba Inu (SHIB) was down 0.85 percent to $ 0.000009966.
Dogelon Mars (ELON) lost 0.98 percent to trade at $ 0.000000003068, Floki Inu (FLOKI) gained 1.11 percent at $ 0.00000605, and Samoyed Coin (SAMO) fell 1.11 percent to $ 0.007300
In the DeFi segment, YFI (yearn.finance) was down 1.72 percent to $ 5,595.03 and Terra Classic (LUNC) traded at a loss of 0.98 percent to $ 0.0001249. Avalanche (AVAX) was up 0.88 percent to $ 16.38, Uniswap (UNI) was trading at a loss of 3.56 percent to $ 4.75, and Aave (AAVE) was down 0.27 percent to $ 56. , $ 52.
