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A Technologist’s Approach to Explaining What Crypto Fixes
18.4.2023
Disclosures Show Shopify’s CEO Bought $3M Worth of Coinbase Shares During the Past 2 Months
4.10.2022
Public records show that Shopify’s CEO Tobias Lütke has purchased close to $3 million in Coinbase shares during the last 60 days. Lütke became a Coinbase board member last February and because he is a Coinbase associate, he’s required by law to submit his trades to the U.S....
Terra could leave a similar regulatory legacy to that of Facebook’s Libra
2.10.2022
The algorithmic stablecoin ban has sparked a range of arguments in the crypto industry as it is being seen as a watershed moment
A Former CFTC Chair Thinks There is No Need For New Laws on Stablecoins: Here’s What He Said
23.9.2022
Timothy Massad, former chairman of the Commodity Futures Trading Commission (CFTC) and a current research fellow at Harvard's Kennedy School of Government, argued that regulatory progress on stablecoins can be made immediately by utilizing the current laws....
Read More: A Former CFTC Chair Thinks...
Meta to Shutter Novi Crypto Payments Wallet in September, Ending Libra Saga
1.7.2022
Meta's crypto remittances project Novi emerged after the Libra stablecoin project rebranded
Libra Creator David Marcus Begins New Lightning Network Venture, Lightspark
12.5.2022
Details are vague, but Lightspark has raised an undisclosed funding round co-led by Andreessen Horowitz and Paradigm
Vale Diem: How Facebook’s ambitious stablecoin project came to an end
2.2.2022
It only took Libra/Diem two years to come full circle from publishing its white paper to falling apart
Mark Zuckerberg’s stablecoin project Diem officially shuts down
1.2.2022
Meta has officially given up on its stablecoin project Diem after more than two years of efforts to launch the digital currency
Projekt facebookové kryptoměny Diem se po tlaku regulačních orgánů rozpadá. Možná ji znáte pod názvem Libra
29.1.2022
Jen něco málo přes dva roky poté, co zakladatel Facebooku Mark Zuckerberg oznámil světu novou kryptoměnu Libra, nyní označovanou jako Diem, to podle zprávy agentury Bloomberg vypadá, že celý projekt skončí v propadlišti dějin.
Nejdřív Libra, pak Diem
Jeden z prvních náznaků, že Facebook chce
Mark Zuckerberg’s Meta in Talks to Sell Assets in Crypto Project Diem: Report
26.1.2022
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 was supposed to be issued by Silvergate Bank but it failed to get regulatory approval. Meta Reportedly Seeking Buyers for Diem...
Zuckerberg's Diem reportedly weighing sale after stablecoin plans falter
26.1.2022
It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets
Privacy or policy? Why Facebook's crypto wallet Novi is facing resistance
27.10.2021
Facebook’s Novi wallet lets users send and receive a dollar-pegged stablecoin, but not hold it
US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe
21.10.2021
A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage...
Facebook’s Novi Launches Pilot Program in Guatemala and US Using Pax Dollar
20.10.2021
Novi, Facebook’s digital wallet, will launch a pilot program to test the functionality of the service in two countries: Guatemala and the U.S. The test will allow Novi to test all of its main functions and to evaluate what things need to be improved before launch. Novi will use pax dollars...
Facebook ‘definitely looking’ at NFTs, says exec
25.8.2021
“When you have a good crypto wallet like Novi will be, you also have to think about how to help consumers support NFTs,” Facebook's David Marcus said
Facebook’s David Marcus calls for “fair shot” at crypto payments
18.8.2021
Marcus shares his honest thoughts on the crypto market, as well as declaring that Novi is ready to launch
How stablecoins stay stable, explained
24.6.2021
Stablecoins use a variety of techniques to keep their value fixed, generally to a specific fiat currency like the U.S. dollar
Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC
22.6.2021
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s...
Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
13.5.2021
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U.S. In collaboration with Silvergate Bank, the association, which oversees the development of the diem cryptocurrency, has unveiled a new launch plan. Facebook-Backed Stablecoin Has New Launch Plan...
Facebook’s New Stablecoin Aims a ‘Big Comedown’ from Grand Libra Plans
13.5.2021
Once heralded as the future of global finance, it appears that the Facebook-led Diem project (formerly Libra) is now set to launch in the United States as a USD-pegged stablecoin.
In a press release, Facebook and its Diem partners announced that it would be teaming up with the American crypto...