Diem Might Be Dead But Facebook Is Not Done With Crypto
Diem might be dead but Facebook is not done with crypto yet as we can see more today in our latest cryptocurrency news. Facebook announced its huge crypto plan back…
Diem Is Dead, But Facebook Isn’t Done With Crypto
Two years and seven months after Facebook announced Libra, it’s dead before it was ever born. But Meta isn’t done with crypto.
Silvergate Bank Reportedly Aims to Buy Diem’s Intellectual Property for USD 200M
American chartered bank Silvergate reportedly aims to purchase Diem’s intellectual property for USD 200m, The Wall Street Journal reported, citing people familiar with the matter.
Facebook’s Bumbling Crypto Venture Diem to Wind Down, Sell Assets
Facebook founder Mark Zuckerberg’s ambitious program to create his own cryptocurrency is falling apart amid rising tension from regulators. According to a Bloomberg report released Wednesday, the Diem Association, which…
Diem to Sell Assets to Silvergate Bank for $200M: Report
The star-crossed project had been in discussions with investment bankers to sell its key assets and return money to investors.
Mark Zuckerberg’s Meta in Talks to Sell Assets in Crypto Project Diem: Report
Meta, formerly Facebook, is reportedly in talks with investment bankers to sell its assets in the cryptocurrency project Diem, formerly Libra. The diem USD stablecoin was supposed to be issued…
Facebook’s Diem Digital Currency is Dead, Report Says
Bloomberg News claims that the Diem Association is considering whether to begin selling its intellectual property — and engineers may be moved to other companies.
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 out any remaining value, the report said.
Meta-Led Diem Reportedly Aims to Sell Assets to Pay Back Investors
The Diem Association (formerly known as Libra Association), the Meta-led project that once aimed to create a stablecoin accessible to everyone in the world, is reportedly attempting to sell its…
How Jack Dorsey Reacted To News Mark Zuckerberg Is Considering A Sale of Crypto Project Diem
Twitter Inc. (NYSE: TWTR) co-founder Jack Dorsey has responded to news that Meta Platforms Inc.
