Two years and seven months after Facebook announced Libra, it's dead before it was ever born. But Meta isn't done with crypto.

It’s hard to read about David Marcus’ departure from Meta’s cryptocurrency project Diem (formerly Libra) and digital wallet Novi, and not wonder...

PARSIQ, a blockchain infrastructure platform, announced earlier this week it has closed its $3 million Series A funding round. The round was backed by the Solana Foundation and Axia8 Ventures. In addition, participation came from Mindworks VC, Krypital Group, CoinUnited, Transfero Swiss, Elevate Ventures, Sanctum Ventures, and others. Lastly, Evan Cheng, Director of Research at […]

The post Blockchain infrastucture platform PARSIQ secures $3M in Series A funding round appeared first on CryptoNinjas.

Facebook’s Diem coin offers pre-sale discounts for early investors as the platform announced earlier today which we read more about in our latest altcoin news. The announcement read: “You can participate in the birth of diem and be one of the first buyers. Buy diem Coins now with cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash.” First announced as Libra in […]

Facebook’s Diem has announced it is offering a pre-sale discount on its token for early investors. “You can participate in the birth of diem and be one of the first buyers. Buy diem Coins now with cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash.” First announced as Libra in June 2019, the project’s initial plans for a […]

PARSIQ blockchain, a motoring and intelligence platform, has raised a total of $3 million in a Series A funding round led by various venture capitalists that are prominent in the crypto ecosystem. Notably, the funding is aimed at developing a strategic partnership for PARSIQ, in addition to better positioning the platform in the crypto ecosystem. […]

[PRESS RELEASE – Tallinn, Estonia, 15th June 2021] PARSIQ, the blockchain monitoring, and workflow automation platform has raised a $3M Series A round from leading venture investors in the cryptocurrency ecosystem. The round was backed by Solana Foundation, with additional participation from, Mindworks VC, Axia8 Ventures, Krypital Group, CoinUnited, Transfero Swiss, Elevate Ventures, Sanctum Ventures […]

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 […]

The post Facebook prepares to launch the Diem cryptocurrency appeared first on BitcoinerX.

Switzerland-based Diem Association could reportedly launch its stablecoin pilot in 2021. However, the proposed pilot would be on a small-scale.  Diem’s Dollar-Pegged Stablecoin Pilot Could Begin in 2021 According to CNBC on Tuesday (April 20, 2021), an anonymous source revealed to the news outlet that the Diem Association could conduct a dollar-backed stablecoin pilot sometimeRead More

Announced in 2019, Facebook-backed stablecoin, which went through numerous changes – Diem – could see the light of day by the end of 2021. 

Kevin Weil has previously said that the launch of the Facebook-backed stablecoin would be "a journey of years and decades."

Kevin Weil was one of the original creators of the "Facebook coin," a project announced with fanfare in 2019 that has been mired in uncertainty.