WASHINGTON, Jan. 31, 2022 /PRNewswire/ The Diem Association today announced the sale of its intellectual property and other assets related to the running of the Diem Payment Network to Silvergate
Apple Reports Record Revenue and Diem Might Scale Back in This Week’s Business and Crypto Roundup: While OpenSea reimbursed its users $1.8 million USD after an error.
Meta, formerly Facebook Inc, first unveiled plans for Diem, known as Libra earlier, in June 2019, as part of an effort to expand beyond social networking into e-commerce and global payments.
Facing regulatory hurdles, Meta (formerly Facebook) is reportedly winding up its ambitious yet controversial cryptocurrency project that its CEO Mark Zuckerberg once defended in front of the US Congress. 📲 Meta Reportedly Winding Up Its Ambitious Cryptocurrency Project, Here’s Why.