Tag: facebook

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...

According to David Marcus, Facebook’s head of financial services, former PayPal president and Coinbase board member, the social media giant is considering different options to integrate non-fungible token (NFT) functionality in its new crypto wallet Novi. The news came shortly after Marcus criticized the global payment systems, calling them “costly, slow, and not interconnected” in the recent blog post.

Kate Rouch, a former Facebook veteran has joined American trading platform, Coinbase Global as the Chief Marketing Officer. According to the announcement, Kate will be in charge of Coinbase’s global brand, product and performance marketing. The digital economy is fast growing with constant product evolution. Keeping up with these fast paced ecosystem is daunting, and The post Former Facebook Veteran Joins Coinbase as...

August 26, 2021 / Unchained Daily / Laura Shin Daily Bits...

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...

Vitalik Buterin, a co-founder of Ethereum, in a recent interview has revealed his doubts about the plans Jack Dorsey and Mark Zuckerberg might be making about the crypto industry, as per a report on Bloomberg...

It's been a long time that we have heard any word regarding Facebook's development of its own stablecoin. Although silent for a while, the tech juggernaut has been working on its Novi Digital Wallet. Facebook's head for Blockchain and FinTech division David Marcus briefs us about the developments in line and how far they have The post Facebook's David Marcus: Novi Digital Wallet...

The decentralized application (Dapp) system designed to explore and improve Facebook’s Diem blockchain, Pontem Network, has revealed their partnership with Pinknode; a Polkadot-only infrastructure provider. Per the announcement shared with Altcoin Buzz, the collaboration between Pontem Network, and Pinknode infrastructure is expected to provide entrepreneurs around the world with “product market fit in an incentivized public...

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...

Google has announced an update to its financial products and services policy, which includes its policy on cryptocurrency advertising. The Tech Giant Introduces New Crypto Policy In a policy statement published Wednesday, Google said that "beginning...

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...

Implementation of the digital yuan could significantly reduce the cost of cross-border transactions.

Reading Time: 2 minutes Diem has taken a step towards launching a U.S. stablecoin by announcing an issuing partner U.S.-based crypto bank Silvergate will issue the token and manage the reserves Diem rebranded from Libra, with Facebook’s former crypto project splitting...

The non-profit has moved its ‘main operations’ from Switzerland to the US.

Rumors mills are rife about Facebook announcing their Bitcoin holdings in the upcoming Q1 Earning call scheduled for later today. Many crypto proponents have claimed that Facebook might become the latest Fortune-500 company to...

The insider highlighted that the launch will be on a much smaller scale.