You Searched For "diem blockchain payment system" and got 13 results
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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
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
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
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
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
1 min read
Paypal says it is looking into developing a dollar-backed stablecoin as payments giant boosts crypto efforts
PayPal confirmed the news to Bloomberg after a developer discovered the evidence inside PayPal's iP…
Isabelle Lee
1 min read
Billionaire investor Mike Novogratz says he bought Facebook stock to capitalize on the company's digital wallet launch
"I bought Facebook stock because the company is going to come out with the Novi wallet sometime thi…
Shalini Nagarajan
1 min read
Two of Facebook's senior crypto engineers have left to join venture fund Andreessen Horowitz
Nassim Eddequiouaq and Riyaz Faizullabhoy, who worked on Facebook's Novi digital wallet, will consu…
Camomile Shumba
2 mins read
Facebook's crypto chief is exploring NFT-related products and features - but views bitcoin as too volatile for transactions
David Marcus said Facebook is interested in non-fungible tokens, but it was too early to share any …
Shalini Nagarajan
2 mins read
Meta starts testing NFTs as Facebook posts as part of Mark Zuckerberg's metaverse quest
Meta is trialing NFTs as Facebook posts with a small group of US creators despite NFT sales plungin…
Jyoti Mann
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
2 mins read
What is IndiaChain: a blockchain system that could soon be the heart of governance in India?
This project is the first step to a larger system of record keeping and public good disbursement…