Share some Bitpinas love:Subscribe to our newsletter!Editing and Additional Reporting by Nathaniel CajudayAfter supporting the integration of NFTs to social media platforms Facebook and...
Diem will sell assets to Silvergate for $200 million which means that Facebook’s stablecoin project will wind down as we are reading more in today’s latest crypto news. The Diem Association will sell off its asset and an IP to Silvergate for about $200 million. Facebook launched the stablecoin project in 2019 as Libra. Facebook’s […]
Facebook is taking a crack at cryptocurrencies. The social media giant and its partner, Diem Association, recently announced that they are preparing to launch a U.S. stablecoin. Stablecoin is a cryptocurrency tied to conventional assets. It is totally different from other cryptocurrencies like bitcoin and ethereum, which aren’t tied to any assets and their values […]
2021 bull run has propelled Bitcoin, altcoins, and the whole ecosystem into the mainstream limelight as well as adoption. The growing demand for digital assets is evident from the number of mainstream financial firms adding support for cryptocurrencies as well as the number of crypto companies that have become a billion-dollar company after the latest
Diem partnered with Silvergate, the California-state charted bank, in order to launch a new stablecoin in the US as we can see in our latest Diem news today. The facebook-backed crypto project, the Diem Association, partnered with crypto-friendly bank Silvergate to launch a new stablecoin project pegged to the United States dollar. Diem partnered with […]
Facebook-initiated Diem Association announces a new model of its upcoming stablecoin that is set to be issued by California state-chartered bank Silvergate.
There’s always a light at the end of the tunnel and so it has been for the Facebook Diem project, formerly Libra! On Wednesday, May 12, Facebook’s digital currency group Diem Association announced the launch of its USD-pegged stablecoin dubbed Diem USD. After going back and forth, facing major regulatory walls, making multiple tweaks. Facebook
Revolut Finance App, a popular mobile banking application with nearly 15 million users has become the latest mobile finance app to offer Bitcoin withdrawals as per leaked emails accessed by Forbes. This bull season Bitcoin has seen one of its biggest adoptions drives with many mainstream payment processing giants such as PayPal, Venmo, and Square