It only took Libra/Diem two years to come full circle from publishing its white paper to falling apart.
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Mark Zuckerberg’s stablecoin project Diem officially shuts down
Meta has officially given up on its stablecoin project Diem after more than two years of efforts to launch the digital currency.
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Mark Zuckerberg’s Meta in Talks to Sell Assets in Crypto Project Diem: Report
Meta, formerly Facebook, is reportedly in talks with investment bankers to sell its assets in the cryptocurrency project Diem, formerly Libra. The diem USD stablecoin
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Zuckerberg’s Diem reportedly weighing sale after stablecoin plans falter
It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets.
Read moreDavid Marcus, The Latest Top Executive To Leave Meta/ Facebook’s Crypto Project
Another one bites the dust. David Marcus stepped down as the head of Novi, Meta/ Facebook’s fintech division. The company’s first order of business was
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Privacy or policy? Why Facebook’s crypto wallet, Novi, is facing resistance
Facebook’s Novi wallet lets users send and receive a dollar-pegged stablecoin, but not hold it.
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