diem

Silvergate Capital, a crypto bank holding company, has decided to delay the launch of its long-awaited stablecoin, CEO Alan Lane said during the company's third-quarter earnings call on Tuesday. California-based Silvergate Capital, the…

David Marcus, the co-creator of Facebook’s now closed stablecoin project Diem, has launched his own Bitcoin-based startup, Lightspark according to a report from the Block. The new company is backed by notable crypto investors like A16z,…

David Marcus, the co-creator of Facebook’s now closed stablecoin project Diem, has launched his own Bitcoin-based startup, Lightspark according to a report from the Block. The new company is backed by notable crypto investors like A16z,…

Diem said it became clear from our dialogue with federal regulators that the project could not move ahead.A once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets sold to bank holding…

Bitcoin price has seen close to 45 percent correction since its all-time high achieved in early November. However, on-chain analyst and co-Founder of software firm Hypersheet Willy Woo believes that the world's most popular cryptocurrency…

Bitcoin price today breached $39,000 for the first time in two weeks. Bitcoin price today breached $39,000 for the first time in two weeks as traders speculate the largest…

Facebook-backed crypto project Diem is selling its assets. The Facebook-backed digital currency project Diem announced Monday the winding down…

The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million (roughly Rs. 1,360 crore) sale of its technology, capping a years-long initiative that drew significant concern from regulators.Facebook's…

Diem, the cryptocurrency project funded by Facebook, announced on Monday that it would "begin the process of winding down" and selling its technology and other assets. The move ends a nearly two-year-long bid to launch the "stablecoin,"…

Issued on: 01/02/2022 - 04:07 The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million sale of its technology, capping a years-long…