Tag: diem

Nov 30 2021

Oct 20 2021

U.S. Senators Urge Facebook To Discontinue Novi And Diem Crypto Projects

Five U.S. Senate Democrats have called for Facebook to discontinue its crypto projects. The senators addressed a letter to CEO Mark Zuckerberg on Tuesday just hours after the launch of its...

Oct 19 2021

Oct 12 2021

Sep 09 2021

Polkadot Blockchain Recruits Former Facebook-Backed Diem’s COO

The former chief operating officer of Facebook’s Diem stablecoin project, Bertrand Perez, is joining the Web3 Foundation and Polkadot blockchain as chief operating officer (COO). Before coming to the Polkadot blockchain, Bertrand Perez was a part of Diem (formerly Libra) as chief operating officer for the past two years. During his time with Diem, Perez held two positions: one as managing...

Aug 25 2021

Facebook Ignores Bitcoin, Works on NFTs and Stable Coins Instead

Aug 25 2021 Published at Bitcoin Magazine under tags  altcoin bitcoin business diem facebook

Novi and Diem (Formerly known as Libra) underline the fact that Facebook simply doesn’t understand Bitcoin, and continues to flounder on delivering even its own stablecoin project, or a single NFT.David Marcus, co-creator and a board member of Diem (formerly known as Libra), which is a centralized cryptocurrency project initiated by Facebook, emphasized in an interview with...

Aug 20 2021

Jul 16 2021

Jun 12 2021

Crypto Bank Silvergate Cuts Ties with Binance, Discontinuing USD Deposits and Withdrawals

Silvergate Bank, a major financial institution partnered with crypto exchanges ranging from Kraken to Coinbase, recently cut ties with Binance. Earlier this Wednesday, Binance sent an email to its users stating that the platform would no longer support deposits and withdrawals via...

May 16 2021

Facebook’s Diem Unveils Its Latest Stablecoin Plans and Strategic Move to the United States

Diem, the cryptocurrency project headed by Facebook originally known as Libra, recently announced its plans to launch a stablecoin with its focus scaled back to the United States. The company stated earlier this year that it would be relocating its...

May 14 2021

Why an Elon Tweet Sent Bitcoin Below $50k

PLUS: Vitalik thinks UNI should become a price oracle. The biggest news of the week came from the likeliest of places: Elon Musk’s Twitter account, where he tweeted out an announcement putting a halt on BTC purchases for Tesla vehicles due to the environmental concerns associated with Bitcoin’s proof-of-work consensus algorithm. Outside of Elon, Tesla, and Bitcoin, a few other big names made...

May 12 2021

Can you BUY Facebook’s DIEM at launch? (X-LIBRA project)

When Facebook first announced it was dipping its toes in the cryptocurrency world, investors went crazy. It was a huge push for the blockchain community, as one of the biggest companies in the world decided to adopt a decentralized model. Everyone started following Facebook's move into the...

Mar 15 2021

How to Buy Libra Cryptocurrency?

If you reached this guide is because you want to know how to buy Libra, Facebook’s cryptocurrency. At the moment, there is no way to buy Libra because […]

Feb 16 2021

Diem Stablecoin Prepares for Liftoff With Fireblocks Custody Partnership

Feb 16 2021 Published at CoinDesk under tags  business diem fireblocks libra association news

The rebranded Libra network aims to come out with an initial product around the end of this quarter, with help from Fireblocks and First Digital Assets.

Dec 29 2020

What Are Stablecoins?

Dec 29 2020 Published at CoinDesk under tags  dai diem evergreen explainers learn

A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price.

Dec 09 2020

Mass Adoption of a Digital Euro Could Be a ‘Clear Negative’ for Europe’s Banks: BofA

Dec 09 2020 Published at CoinDesk under tags  banking china diem digital euro news

A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank.

Dec 07 2020

Rebranded Libra Still a ‘Wolf in Sheep’s Clothing’: German Finance Minister

Dec 07 2020 Published at CoinDesk under tags  diem europe germany libra news

German Finance Minister Olaf Scholz took aim at the rebranded lDiem and said it would take more than cosmetic changes to smoothen regulatory concerns.

Dec 04 2020

Facebook’s Crypto Testnet Reports Maximum 24 Transactions Per Second

Dec 04 2020 Published at Crypto Briefing under tags  business diem facebook libra

Facebook's testnet has been live for over a month as the Libra Association prepares for the next stage with broader participation among members. Facebook's Libra Moves a Step Ahead The latest update from the blockchain explorer finds the network performing at an average of six...

Spotify Looking for Associate Director to Lead Activity on Libra Project, Other Crypto Efforts

Dec 04 2020 Published at CoinDesk under tags  diem libra music news spotify

The world's largest audio streaming service is on the hunt for a new associate director to lead its activity within the Libra stablecoin project.

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