Wall Street

Mark Zuckerberg, Facebook Quietly Abandon Their in-House Venmo

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The Street

By Luc Olinga The CEO of the social media giant has just buried the last project of his ambitions in crypto. There has been no official announcement. And even if there was one, this announcement would have gone unnoticed: Mark and Zuckerberg and his company, Meta Platforms (META) – Get Meta Platforms Inc. Report, no longer have a digital payments project. Zuckerberg has chosen his moment well: the crypto sector is currently going through an unprecedented crisis of confidence marked by a fall in the price of digital currencies. Bitcoin, the king of cryptocurrencies, has lost 71.3% of its value …

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