Diem

Meta pulls the plug on Novi, the last standing piece of Zuckerberg’s stablecoin dream
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7 July, 2022

Meta pulls the plug on Novi, the last standing piece of Zuckerberg’s stablecoin dream

Novi users will lose all access to the wallet in September as Meta urges them to withdraw their funds, ending...
Zuck Bucks: Meta attempts Diem 2.0?
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12 April, 2022

Zuck Bucks: Meta attempts Diem 2.0?

Meta is allegedly hoping to launch virtual coins to be used on the platform. The move comes after the firm...
The CoinGeek Pulse Episode 75: Meta joins COPA, China pilots blockchain app, BSV Global Blockchain Convention in Dubai
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4 February, 2022

The CoinGeek Pulse Episode 75: Meta joins COPA, China pilots blockchain app, BSV Global Blockchain Convention in Dubai

BSV blockchain will be at the center of the first BSV Global Blockchain Convention. The three-day event will be held...
Facebook’s Diem to sell assets for $200M after botched stablecoin attempt
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31 January, 2022

Facebook’s Diem to sell assets for $200M after botched stablecoin attempt

Diem is reportedly in talks with Silvergate Bank for the sale of the Diem project’s assets as it seeks to...
US senators urge Facebook to discontinue digital currency pursuit amid Novi wallet launch
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22 October, 2021

US senators urge Facebook to discontinue digital currency pursuit amid Novi wallet launch

Five U.S. lawmakers wrote a letter to Zuckerberg urging him to discontinue the Novi and Diem ventures, stating that Facebook...
Diem not impressing Washington even with rebranding efforts: report
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14 September, 2021

Diem not impressing Washington even with rebranding efforts: report

Facebook has faced an uphill task bringing regulators onboard with its Diem payment system, even after pouring millions into lobbying...