Diem

Facebook’s Stablecoin ‘Diem’ Sale Clouded, Mark Zuckerberg Dismays!

Facebook plans to sell off it’s much ambiguous stablecoin project, the ‘Diem’. All assets, including the technical resource engineers and team to be sold off. Feds play a major role as hurdles for Diem. Stablecoin owes to be one of the safest and best crypto businesses in the industry. Being

January 26, 2022 2 mins read

Crypto Bank Silvergate To Become Issuer of Facebook-Backed Diem Stablecoin

Diem Association announced its partnership with crypto-friendly bank Silvergate. Diem formerly known as Facebook’s Libra project. Association withdraws an application for payment system license in Switzerland. Diem Association, a blockchain-based payment system announces its partnership with Silvergate to launch U.S. dollar-denominated Stablecoin. Stablecoins are cryptocurrencies, whose value ties to other

May 14, 2021 1 min read