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Meta launches metaverse game, Bitcoin Ordinals creator proposes numbering change: Nifty Newsletter

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Meta has rolled out early access for Horizon Worlds on web browsers and mobile devices. In this week’s newsletter, read about how marketplace Magic Eden integrated compressed nonfungible tokens (NFTs) into its platform and how Meta launch ed its metaverse game on mobile and web. Check out why the Bitcoin Ordinals creator proposes changing the protocol’s numbering system and learn about Atari founder Nolan Bushnell’s perspectives on play-to-earn gaming. In other news, the United States Securities and Ex change Commission (SEC) has charged NFT collection Stoner Cats with offering unregistered securities.  Meta’s Horizon Worlds launches on mobile and web in early access Meta has announced it has started rolling out Horizon Worlds on mobile devices and web browsers. The launch to mobile and web includes a free-for-all shooter game called Super Rumble, where two to six players can play together in fast-paced shooting matches. The launch is only in early access, meaning only a few peo...

Thailand threatens Facebook shutdown over crypto scams

Thailand has warned Facebook of a potential shutdown due to the rise in crypto scams and misleading ads on the platform. The Minister of Digital Economy and Society (DES), Mr. Chaiwut Thanakmanusorn, is taking action against fraudulent activities on Facebook. The DES plans to present its findings in Thai court, advocating for the platform’s shutdown unless prompt corrective actions are made. The ministry revealed that over 200,000 individuals have been duped by scams on Facebook’s advertising network. These scams include fake crypto currency investments and counterfeit enterprises, often featuring endorsements from celebrities to mislead the public. You might also like: Bank of Thailand announces CBDC pilot project Meta’s inaction draws criticism Despite ongoing dialogue with Facebook’s parent company, Meta, Minister Chaiwut has criticized the platform for not effectively curbing misleading ads. He claims Facebook’s lax oversight has le...