Meta urged users to withdraw any remaining balances from their Novi accounts before September 1.
The company formerly known as Facebook urged users to withdraw any remaining balances from their Novi accounts before that date and said they could choose to transfer their funds to bank accounts or withdraw them as cash, where applicable.
After the closure, users will no longer be able to log into the accounts and will lose access to their transactions and activities data, so they may wish to download that information now within the Novi app settings, the company added. Meta released Novi in October in a beta version along with cryptocurrency exchange Coinbase, which provided digital storage and security technologies,While Meta is closing the Novi pilot, the company said it will repurpose the technology for future products, including its metaverse initiative,© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only.
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