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Home Category Crypto News Diem Project

Diem Project

Silvergate Ditches Its Digital Currency Plan; Writes Off 6 Mn In Crypto Acquisition

Silvergate Ditches Its Digital Currency Plan; Writes Off $196 Mn In Crypto Acquisition

by Crypto News
3 months ago

In February of last year, Silvergate officially announced the purchase of Diem Group, a Facebook-affiliated company along with its intellectual...

Facebook’s Bumbling Crypto Venture Diem to Wind Down, Sell Assets

Facebook’s Bumbling Crypto Venture Diem to Wind Down, Sell Assets

by Crypto News
1 year ago

Facebook founder Mark Zuckerberg’s ambitious program to create his own cryptocurrency is falling apart amid rising tension from regulators. According...

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