Diem

Aptos Labs Raises $150M in Funding Round Led by FTX Ventures
Aptos Labs Raises $150M in Funding Round Led by FTX Ventures
Aptos Labs, a layer 1 blockchain from Meta Platforms’ former employees, has raised $150 million in a Series A funding round led by FTX Ventures and Jump Crypto. “The Hash” pan...
Aptos Labs Raises $150M in Funding Round Led by FTX Ventures

Ex-Meta Coders Raising $200M to Bring Back Diem
Ex-Meta Coders Raising $200M to Bring Back Diem
In an initiative called Aptos, a group of former Meta coders familiar with the Diem (formerly Libra) stablecoin project are raising capital to bring the Diem blockchain back t...
Ex-Meta Coders Raising $200M to Bring Back Diem

Where Is Diem Creator David Marcus Headed Next?
Where Is Diem Creator David Marcus Headed Next?
David Marcus, co-founder of the Diem project (formerly Libra) originally launched from Meta (formerly Facebook), tweeted Tuesday, predicting that bitcoin will be the No. 1 ass...
Where Is Diem Creator David Marcus Headed Next?

Diem Confirms Shutdown as Silvergate Acquires the Project's Assets
Diem Confirms Shutdown as Silvergate Acquires the Project’s Assets
CoinDesk’s Nikhilesh De weighs in on Silvergate Bank confirming Monday it’s purchasing the technology and other assets from Diem, the stablecoin project from Meta Platforms (f...
Diem Confirms Shutdown as Silvergate Acquires the Project's Assets

Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down
Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down
Meta (formerly Facebook) is joining the Crypto Open Patent Alliance (COPA), a consortium of tech and crypto companies led by Jack Dorsey’s payments company, Block (formerly Sq...
Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down

Meta-Led Diem Now Considering Sale of Assets Amid Increasing Regulatory Pressure
Meta-Led Diem Now Considering Sale of Assets Amid Increasing Regulatory Pressure
The Diem Association, the Meta Platforms (formerly Facebook)-led group seeking to create a stablecoin, is allegedly considering selling the project’s assets to return money to...
Meta-Led Diem Now Considering Sale of Assets Amid Increasing Regulatory Pressure

US Lawmakers Push Back on Facebook’s Novi Wallet Launch
US Lawmakers Push Back on Facebook’s Novi Wallet Launch
A group of U.S. lawmakers have ordered Facebook CEO Mark Zuckerberg to “immediately discontinue the company’s pilot of Novi” and end its work on the Diem stablecoin project, s...
US Lawmakers Push Back on Facebook’s Novi Wallet Launch

Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout
Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout
Novi, Facebook’s digital wallet subsidiary, will go live in the U.S. and Guatemala in a pilot program without the Diem (formerly Libra) stablecoin, allowing users to trade the...
Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout

Former Libra Director Joins Polkadot Builder
Former Libra Director Joins Polkadot Builder
Bertrand Perez, the former chief operating officer (COO) of the Facebook-backed Diem stablecoin project, is joining the Web3 Foundation, a backer of the Polkadot blockchain, a...
Former Libra Director Joins Polkadot Builder

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Diem: A Dream Deferred?
Is diem what the world needs? "It's a start," economist Darrell Duffie says.
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