On Tuesday, the association formerly known as Libra rebranded as Diem. In an effort to assert the organization’s independence from Facebook as it prepares to launch, Diem wants to try to retcon ...

It’s looking more and more likely that Diem, Meta’s ill-fated cryptocurrency previously known as Libra, will never actually materialize. The Diem Association is reportedly “weighing a sale of its ...

Diem, the ambitious crypto project funded by Facebook has collapsed. The Diem Association confirmed that it’s selling its assets to Silvergate, the bank that had previously partnered with the group, ...

This is the end of the line for Meta's crypto plans – at least for now. On Monday, the Diem Association announced it has sold its intellectual property (and other assets related to the running of Diem ...

First there was Libra, Facebook's ambitious project to create a Swiss-based, global digital currency. Then Libra was no more; following massive regulatory pressure, the project's scope was narrowed ...

In response to a letter from the U.S. calling on Facebook to halt its stablecoin and crypto wallet projects, Diem stated that it “is not Facebook. We are an independent organization.” Stablecoin ...

Read full article: Work week begins mostly dry before increased rain chances The Jacksonville Sheriff’s Office said one of its officers shot and killed a man Sunday morning after he attacked his ...

Kevin Weil has previously said that the launch of the Facebook-backed stablecoin would be "a journey of years and decades." Kevin Weil, the vice president of product at Facebook's digital wallet unit ...