Published 2 years ago

Meta to shut down Novi service in September in crypto winter

Summary by Ground News

Facebook parent Meta has announced it will shut down its digital wallet for cryptocurrency, Novi, on September 1, 2022. The product didn't even make it to a full launch, closing its doors at pilot stage. Meta said the Novi app and its integration with WhatsApp will no longer be available and users will not be able to sign in to their accounts.

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Indian Express

Meta to shut down Novi service in September in crypto winter

Meta’s Novi pilot -- a money-transfer service using the company’s own cryptocurrency digital wallet -- will end on September 1. Meta launched Novi pilot in October of last year amid scaled back ambitions to dominate the crypto remittances space.

2 years ago·India

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Latestly

Meta to Shut Down Its Digital Wallet Novi in September 2022

The company took to their website to announce that both the Novi app and Novi on WhatsApp will no longer be available. Novi was supposed to be a safe way for people to send and receive crypto, and at one point it was supposed to work with Diem. However, the collaboration couldn't happen because Diem collapsed in February this year. Meta to Shut Down Its Digital Wallet Novi in September 2022.

2 years ago

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Business Standard

Amid crypto crash, Meta says will shut down its digital wallet Novi in Sept

Meta's money-transfer service that uses the company's own cryptocurrency digital wallet 'Novi pilot' is shutting down on September 1.

2 years ago·India

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Moneycontrol

Meta to shut down digital wallet Novi amid crypto crash

The digital wallet didn't even last a year but Meta says it will introduce new products such as digital collectibles

2 years ago·India

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Mashable

Meta shuts down Novi, the last remaining sliver of its crypto efforts

Meta's crypto plans seem to be in the dirt, for now.

2 years ago·United States

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ComputerHoy.com

Meta shuts down Novi, its WhatsApp cryptocurrency wallet

After canceling Libra, its own cryptocurrency, Meta now does the same with its cryptocurrency wallet, Novi. But he hasn't said the last word with crypto assets.

2 years ago

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