EU ramps up probe into Meta’s addictive design practices

The Meta CEO reportedly plans for the company to launch a prediction market independent of its other apps allowing users to place wagers using a points system rather than money.

Mark Zuckerberg has directed a small Meta team to build a standalone prediction-market app called Arena, according to the New York Times. The move puts the world's largest social network on a direct collision course with crypto-native platforms like Polymarket and Kalshi.

Meta has reportedly formed a team to develop a prediction market app called Arena, a signal of the company’s entry into a sector that has attracted growing interest from both retail users and institutional investors. According to a report from…

Mark Zuckerberg has directed a small team at Meta to build a standalone prediction markets app internally codenamed “Arena,” the New York Times reported Tuesday, citing two employees with knowledge of the plans. Meta declined to comment on the project. But according to the Times report, the Arena application is a top internal priority for […]

Meta is building a prediction markets app called Arena to rival Polymarket and Kalshi, likely starting with a points system rather than real-money betting.

Meta's potential entry into real-money betting could reshape digital advertising, intensify regulatory scrutiny, and impact decentralized platforms. The post Meta considers eventual incorporation of real money betting, per NYT appeared first on Crypto Briefing.

Meta's Arena app could reshape digital prediction markets, influencing regulatory landscapes and expanding Meta's tech and financial ventures. The post Meta develops prediction markets app Arena, directed by Zuckerberg appeared first on Crypto Briefing.

EU committee approves digital euro proposal, advancing CBDC legislation toward negotiations. Privacy safeguards include zero-knowledge proofs and limits on ECB access to user data. Digital euro framework adds holding caps and free basic services to protect stability. The European Parliament’s Economic and Monetary Affairs Committee has advanced the digital euro proposal after approving key legislation […] The post EU Lawmakers Advance Digital Euro Plan With Strong Committee Support appeared first on Live Bitcoin News.