Libra (LBA) & Facebook

Under the asset purchase agreement, Silvergate paid $50 million in cash to Diem and also issued 1,221,217 of its class A shares. After much effort from Meta, Diem Association is now shutting down after Silvergate Bank (NYSE: SI) purchased the stablecoin project. On the 31st of January, Silvergate announced that it is buying all technologies related to the Diem Association, while the Association said it would start winding down its operations. Meta Platforms announced the stablecoin project...

Le projet Libra (renommé depuis « Diem ») lancé en juin 2019 par Facebook (renommé depuis « Meta ») a officiellement pris fin.  La banque américaine Silvergate déclare avoir fait racheté, pour 182 millions de dollars, les outils de développement, de déploiement et d’exploitation du projet, ainsi que des outils « pour gérer un réseau de paiement basé sur la blockchain ». A l’origine basé sur un...

The Libra/ Diem cryptocurrency project that was started so long ago by Mark Zuckerberg and Facebook is presently up for sale. The project has come crashing down underneath the heavy regulatory scrutiny it’s experienced, and it looks like Zuckerberg is eager to move on. Facebook Is Looking to End Libra Once and For All The goal is to sell all current assets presently stored in the Diem Association. This way, funds can be returned to investors and the company – now known...

Demystifying the metaverse PwC, the multinational professional services network, is about to demystifying the metaverse. What do business leaders need to know and do? Answers can be found in a report published recently. When it comes to “the metaverse,” few business leaders would consider themselves experts. Some may wonder if it even matters to their companies. The short answer: yes, it does. In fact, several metaverse concepts are already...

The Diem Association – a cryptocurrency initiative backed by Meta – is reportedly considering the sale of its assets to return capital to its investors. The project is also in discussions with investment bankers about how best to sell its intellectual property and help the developers find new places to work. Diem Might Sell Its Assets During its relatively short time of existence, Diem has sparked some controversy. Established in 2019 under the name Libra, it aimed at...

Cryptocurrencies have started to make a big splash. Online crypto casinos have grown in popularity alongside them, with millions of people playing Bitcoin casino games regularly. These games are not only fun to play, but they also provide an excellent opportunity to earn bitcoins. This article will look at some of the most popular games among gamblers. Check them out and see if the list contains your favorite games. Game categories in BTC Casinos It’s almost impossible...

Digitale Währungen und insbesondere Bitcoin sind ganz klar ein Zukunftstrend und bereits jetzt in aller Munde. Nur an der Umsetzung im Bezahl – Alltag wird noch gearbeitet. Es gibt nur wenige geniale Services, wie beispielsweise Bitrefill, welche Bitcoin implementiert haben und einfach zu nutzen sind. Mit den Social Media Apps könnte aber bald die Wende kommen. In den USA wurde nun ein neues Pilotprojekt gestartet, das die Zahlung mit Kryptowährungen via Whatsapp testet. Das neue Projekt...

WhatsApp has launched a new cryptocurrency-based pilot that will allow a select number of people in America to send and receive crypto funds to each other. The program is being powered by Novi, the new Facebook (or Meta) cryptocurrency wallet that has gone through a thousand name changes and struggled to get off the ground since being announced in the summer of 2019. The Novi Wallet Is Finally Launching Itself Novi was officially launched as a pilot roughly six weeks...

David Marcus – head of the blockchain department at Facebook, now known as Meta – has stated he will be exiting his position and leaving the social media giant at the end of 2021. David Marcus Is Taking a Different Path Marcus is a former PayPal executive that joined forces with Facebook to release a new cryptocurrency that people could use to pay for goods and services. Known as Libra, the currency would be tied to a wallet system called Calibra, which would store...

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