Jack Dorsey criticizes Facebook for its failed Diem project
The founder of Twitter, and the current CEO of Block, Jack Dorsey, has criticized Facebook’s Diem project. Dorsey has stated that the Diem project was “wasted effort and time.” According…
Jack Dorsey criticizes Meta’s crypto project Diem.
Days after Facebook’s parent company Meta called its quits for its stablecoin project Diem, Block Inc’s Jack Dorsey has come lashing out at the company. The Twitter founder and former…
Bitcoin Maxi Jack Dorsey Slams Facebook Over ‘Wasted Effort and Time’ on Diem
Dorsey said Facebook should have focused on Bitcoin instead of its failed stablecoin project.
Diem May be Gone, but Its Legacy Lives On
It’s still not yet time to lay this much plagued stablecoin project to rest.
Meta Says Adios to Diem – But Its Buyer Wants to Launch a Token of its Own
Meta, the company formerly known as Facebook, is set to wash its hands of its ill-fated Diem stablecoin plans once and for all – but there may yet be a…
Silvergate Bank Is Buying Assets of Diem for $182 Million
Facebook-led stablecoin consortium, the Diem Association has confirmed on Monday that it is selling its assets to Silvergate Bank, thus making an exit from the ambitious cryptocurrency project.
Diem Association confirms sale of crypto payment network to Silvergate
Meta-led stablecoin Diem confirms sale to Silvergate, after long battle with regulators. The post Diem Association confirms sale of crypto payment network to Silvergate appeared first on The Block.
Silvergate Bank Confirms Diem Tech Acquisition
Facebook (now Meta) is officially winding down the stablecoin project it announced in June 2019.
Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down
By joining COPA, Meta’s “core crypto technology patents” will hopefully avoid future litigation.
Crypto Can (Still) Learn Much From The Failure Of Diem
Diem might be history, but can still teach crypto organizations quite a bit
