Meta & OpenAl’s NFT Experiences Available, Nexo’s Lawsuit from US States

Posted on the 03 October 2022 by Nftnewspro

CryptoWatch is here to bring you the latest news from the world of blockchain in the last week, where technology companies and developments covered recent news in the world of cryptocurrencies. The top news available for all centers on the rise of the NFTs in Meta and OpenAI’s experiences, plus Nexo’s lawsuit in various US states.

Meta enables NFT sharing on platform

By going to your Instagram or Facebook accounts, users may presently enjoy a new Meta feature which lets them show their tokens to the public, and it would be available on their profiles. This is the newest feature for the company’s social media platforms, especially for NFTs, which saw integration the previous week.

The Meta news announce details which people just need to connect their digital wallets to their social media accounts and may bring the NFTs to their platforms. This feature is available for cross posting from Instagram to Facebook or vice versa as well, providing the public an opportunity to display their NFTs to different places on the Internet

OpenAl’s DALL-E program

DALL-E is a popular OpenAI image generator that provides artwork and pieces designed by users, or creates new works from known inspirations or creations. And as it isn’t exclusive just to creating NFTs, the artificial intelligence digital image generator centers or many experiences for everyone to enter from the company.

OpenAI lately made the DALL-E available for public access in its beta program, where users do not have to wait to use the feature anymore. It aims to provide the system for many users by just registering to their platform and without waitlist like before.

While a digital artwork generation platform, it brings a new set of features which people may use to create their NFTs without much hassle or work.

Nexo’s Lawsuit

Nexo is a well-known cryptocurrency lender in the market, and the company already has many operations and customers. Moreover, it apparently got into the wrong business by giving various services outside the existing licenses and permits, specially with securities on its “Earn Interest Product”.

New York Attorney General Letitia James stated that their office is pursuing a lawsuit against Nexo, and that they are not the only ones litigating the company. Seven other states have already filed a similar complaint from NY, with offices from California, Kentucky, Maryland, Oklahoma, South Carolina, Washington, and Vermont.

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