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A once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets sold to bank holding company Silvergate Capital ....
The end: Facebook-backed digital currency Diem sold to bank - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
“We couldn’t be more excited to, essentially, be taking the reigns and bringing a stablecoin to market hopefully later this year,” Silvergate CEO Alan. ....