You Searched For "diem" and got 20 results
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3 mins read
Mark Zuckerberg's ambitions for a Facebook cryptocurrency are officially over. A crypto bank that snapped up its 'Diem' project now plans to issue a stablecoin of its own this year.
Silvergate said the assets it bought from Diem include development, deployment, and operation tools…
Shalini Nagarajan
2 mins read
Mark Zuckerberg's controversial crypto project Diem is looking to repay investors by selling its assets, report says
Diem is in talks with investment banks about how best to sell its intellectual property and cash ou…
Shalini Nagarajan
3 mins read
Meta is done with Diem, but not with blockchain payments
Meta’s annual SEC filing says that the Novi wallet and more may still use blockchain-based payments…
2 mins read
After leaving Meta, ex-Diem employees raise $200 million for new blockchain project Aptos
Ex-Diem employees have raised $200 million for a new blockchain project called Aptos. The blockcha…
2 mins read
The head of Facebook's cryptocurrency project says the social media giant's Novi digital wallet is ready to come to market
Facebook executive David Marcus says the Novi wallet will offer cheap and accessible digital paymen…
Carla Mozée
2 mins read
The Facebook executive who helmed the social media company's Novi cryptocurrency project is departing
David Marcus led the creation of Novi, the company's digital wallet, and co-created Diem, the compa…
Isabelle Lee
3 mins read
What you need to know about Facebook’s Diem cryptocurrency
On May 12, the Diem Association announced plans to launch a stablecoin backed by the US dollar. …
2 mins read
Democratic senators say they don't trust Facebook with digital currency and urge the company to stop Novi launch
The scathing letter from Democratic senators came just hours after Facebook launched Novi, its new …
Isabelle Lee
2 mins read
Facebook selects Coinbase as custody partner for its Novi cryptocurrency wallet
Coinbase will be supporting Novi by keeping funds secure when users sign up for the pilot, which is…
Isabelle Lee
4 mins read
Facebook pumping $50 million into its metaverse project is another sign that Zuckerberg doesn’t want to miss the crypto bus
The company has said that the metaverse will exist even if Facebook doesn’t and that’s basic…
2 mins read
Mark Zuckerberg named his goat 'Bitcoin' - and fans of the cryptocurrency are taking it as an endorsement
After the Facebook boss posted a picture of his pet goats, Bitcoin and Max, crypto fans hatched the…
Sophie Kiderlin
2 mins read
Facebook-backed digital currency Diem is planning to trial this year, report says
Facebook-backed digital currency Diem will trial as a stablecoin pegged to the US dollar and focus …
Sophie Kiderlin
2 mins read
Facebook to start pilot runs for its digital currency ‘Diem’ this year, says report
Diem is an independent group organised by Facebook, with other association members including A…
2 mins read
Jack Dorsey told MicroStrategy's Michael Saylor that Facebook should have focused on bitcoin instead of wasting time on diem
Twitter founder and Block CEO Jack Dorsey spoke with crypto enthusiast and MicroStrategy CEO Saylor…
Adam Morgan McCarthy
2 mins read
Facebook's rebranded cryptocurrency Diem is a 'wolf in sheep's clothing,' Germany's finance minister says
His comments came after financial leaders and central bankers discussed the need to regulate digita…
Shalini Nagarajan
1 min read
Delhi Chief Minister Arvind Kejriwal— the man with a knack for Carpe Diem
When Arvind Kejriwal resigned from the office of the Chief Minister after the 49-day stint in 2013,…
1 min read
MTV Star Diem Brown Dead At 32
"It's my personal perspective that you live as hard and as vigorously as you can," she said last mo…
Aly Weisman
2 mins read
A defense startup says it can fix America's ammo problem with China using a new low-cost cruise missile
Anduril said its new Barracuda cruise missile is cheap and can be changed quickly to fit more missi…
Matthew Loh
2 mins read
A residential around-the-world cruise is delayed again — and waiting buyers won't get free hotels anymore
Villa Vie Odyssey was supposed to begin its never-ending cruise in May. The company said Monday it …