You Searched For "facebook s 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
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
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
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
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
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
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
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…
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
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
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
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
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 is making it easier for crypto firms to run ads on its platform in a reversal of previous policies
The move is the latest update to the company's crypto policies, which have oscillated as the sector…
Isabelle Lee
1 min read
Meta is working on virtual coins for its apps that employees have nicknamed 'Zuck Bucks', a report says
The virtual currency is unlikely to be a cryptocurrency but will rather be in the form of in-app to…
Urooba Jamal
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
1 min read
Mark Zuckerberg has cashed in more than $1 billion in Facebook stock so far this year - roughly double his sales for all of 2020
Mark Zuckerberg has sold over $1 billion of Facebook this year amid a 12% jump in share price. The …