Search
One currency to rule them all: Facebook’s Diem has global ambitions
10.10.2021
There are two big questions on everyone’s lips now: What exactly is Facebook’s Diem, and what it will offer its potential 2 billion users?
Diem struggling to win over officials in Washington despite rebranding efforts
10.9.2021
Diem’s push to launch stablecoins and a global payment system might suffer from the seemingly brewing anti-crypto sentiment among key U.S. policymakers
Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official Says
22.7.2021
Europe’s digital currency project has made some progress recently, with the Eurozone’s central bank moving to its next stage. Critics point, however, to the continuing lack of clarity around the design and purpose of the digital euro after a decade-long delay, if cryptocurrency is taken...
Dapp for Diem blockchain partners with Polkadot infrastructure provider
16.7.2021
Pontem founder Boris Povod said the partnership was aimed at improving Polkadot’s current node infrastructure, with Pinknode providing “reliable and secure API endpoints.”
Facebook to Ramp up Payments Ahead of Diem Launch
16.7.2021
The social media heavyweight Facebook is forging ahead with more Facebook Pay innovations ahead of the launch of its stablecoin project Diem (formerly Libra).
Per The Verge, the new Facebook Pay solution is to be expanded beyond the Facebook ecosystem, which includes platforms like WhatsApp,...
Stablecoin growth could affect credit markets, rating agency warns
5.7.2021
Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry
Privacy Is Key for Successful Digital Euro, Data Protection Body Says
22.6.2021
The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide advice on data protection matters surrounding the project. Meanwhile, an ECB executive has vowed that the digital euro will...
Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC
22.6.2021
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s...
Dapp for upcoming Diem blockchain raises $4.5M in seed investments
3.6.2021
Pontem Network has received backing from several notable investors, including Delphi Ventures, Collider Ventures, Alameda Ventures, Skynet Trading and Animoca Brands. In total over 30 investors contributed to the raise
Digital Yuan Architect: 'Imagine a CBDC on Ethereum or Diem'
31.5.2021
Source: Adobe/H_Ko
One of the chief architects of the Chinese digital yuan has discussed a possibility that the central bank digital currencies (CBDCs) could operate on networks such as Ethereum (ETH) or the yet-to-be-released Facebook-masterminded blockchain platform Diem (formerly Libra) as part...
Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
13.5.2021
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U.S. In collaboration with Silvergate Bank, the association, which oversees the development of the diem cryptocurrency, has unveiled a new launch plan. Facebook-Backed Stablecoin Has New Launch Plan...
Diem parters with Silvergate bank to launch stablecoin in the US
13.5.2021
Facebook-initiated Diem Association announces a new model of its upcoming stablecoin that is set to be issued by California state-chartered bank Silvergate
Mark Zuckerberg’s Goat, “Bitcoin”, Ignites Conspiracy Theories
11.5.2021
Yesterday, Mark Zuckerberg, founder and CEO of Facebook, revealed he’d named one of his goats “Bitcoin”. This was seemingly an innocent announcement that, nonetheless, got the crypto sphere talking on what deeper meaning this might indicate. While some have rationalized this...
Facebook-Backed Crypto Diem Updates Launch Plan — Will Take a ‘Phased Approach’
21.4.2021
The cryptocurrency proposed by social media giant Facebook is gearing up to launch using a “phased approach,” its co-creator explains. The Diem Association, which oversees the crypto’s development, has been in talks with regulators to obtain a license. Diem Updates Launch Plan...
Diem Launch, Deutsche CELO, Binance.US CEO, BlockFi's Crypto Dad + More News
20.4.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Stablecoin news
The Facebook-backed Diem Association (formerly Libra) is aiming to launch a pilot with a single stablecoin pegged to the USD...
Facebook-backed Diem Association reportedly to launch stablecoin pilot in 2021
20.4.2021
An anonymous source has told reporters that the first Diem pilot will focus on transactions between individual consumers
Why This Bitcoin-Believing Startup Bets on Facebook's Diem Instead
19.3.2021
While the eyes of many are on major crypto networks like Bitcoin (BTC) and Ethereum (ETH) (and NFTs, of course), financial service provider First Digital Asset Group (FDAG) together with their investors are betting on more centralized, Facebook-backed Diem (formerly - Libra) stablecoin.
“Bitcoin...
Diem co-creator leaving Facebook for Planet Labs
18.3.2021
Kevin Weil has previously said that the launch of the Facebook-backed stablecoin would be "a journey of years and decades."
Many pieces of the Diem puzzle still missing as launch gets delayed
26.2.2021
Besides securing approval from Swiss regulators, Diem seems likely to face opposition from government regulators in many countries
Meme pioneer launches NFT lolcats on OpenSea
25.2.2021
Meme master ‘Cheezburger’ is releasing a series of NFTs based on his website’s famous captioned ‘lolcat’ photos