Meta clings to NFT, blockchain hopes as it shutters its Novi crypto wallet

Enlarge (credit: Meta)

Meta will shut down its pilot of the Novi digital wallet, one of the last remnants of the company's beleaguered cryptocurrency push, in September, Bloomberg reported this week.

Novi users in parts of the US and Guatemala will no longer be able to log in starting on September 1.

And as of July 21, they won't be able to add to the wallets. In fact, Novi's website urges users to empty their accounts "as soon as possible." Novi says it will "attempt to transfer your balance to the bank account or debit card you’ve added to Novi" if you still have money in your account after the pilot ends.

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