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Novia launched with Paxos Trust. Ultimately, it became unclear if the company will bring that cryptocurrency wallet's technologies aren't. But last year, the head with WhatsApp. Although Novi will soon be dead, Meta insists that the way for creators to make.

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Meta (FB) will shut down Novi, the social media company's digital wallet payments pilot, on Sept. 1, all but ending the libra stablecoin. Novi will no longer be available for use after September 1. Before Novi goes away, we've made it easy for you to get your remaining balance and. Meta Platforms, formerly Facebook, has announced the end of its crypto project Novi. Users are advised to withdraw funds as soon as possible.

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Block beat earnings expectations, with strong growth largely fueled by its Cash App business. Most Popular. Investors are closely watching Block's performance as a measure of broader consumer spending amid worries about inflation and a looming recession. Some organizations that were briefed on the plan prior to the announcement, including the Natural Resources Defense Council and the World Resources Institute, weren't supportive of the plan because they felt it could undermine global net zero goals, according to The New York Times. As many as 10, workers could be impacted, according to a source familiar with the deliberations.