Facebook’s crypto project Diem sold after pushback
Facebook-backed crypto project Diem is selling its assets.
The Facebook-backed digital…
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Browsing Tag
diem
Meta’s Novi Wallet, Diem Cryptocurrency Spearhead Is Stepping Down
David Marcus, the person who spearheaded Facebook's (now Meta's) Novi wallet project, has announced he will be leaving the social media company at the end of the year. Marcus has been…
Facebook Announces Rollout Crypto Wallet Novi With Coinbase
Facebook has joined forces with US-based cryptocurrency marketplace Coinbase on a new project, Novi, that involves creating a digital wallet that allows people to send money internationally…
Facebook Considers NFT Venture Alongside Digital Wallet
Facebook is considering building products and features related to nonfungible tokens, or NFTs, the digital assets that have taken off with the rise of blockchain technology.“We're definitely…
Bitcoin Should Face ‘Conservative’ Capital Rule From Banks, Regulators Propose
Banks must set aside enough capital to cover losses on any Bitcoin holdings in full, global banking regulators proposed on Thursday, in a "conservative" step that could prevent widescale use…