Crypto-friendly bank Silvergate is coming under increased scrutiny as the U.S. Department of Justice reportedly investigates the bank’s role in the collapse of the...

During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven...

The FTX collapse has accelerated lay-offs as the sector struggles to weather the incessant turmoil. Crypto-focused bank – Silvergate Capital – has become the...

Aptos, now dubbed as yet another Solana killer, promises a highly secure, upgradeable, and scalable web3 ecosystem. Blockchains are yanked to be the future but it is still experiencing several malfunctions and issues concerning security, usability, and scalability. Aptos is a newly launched powerful blockchain designed to solve the numerous pain points of blockchains on […]

The post What Is Aptos? $APT New L1 Blockchain appeared first on Asia Crypto Today.

Former employees of the defunct Diem (or Meta) platform have secured $200 million from venture capital firms to launch their version of the Diem project. [...]

After failing to succeed as Libra and Diem, some of the ex-developers announced plans to relaunch and rename the project Aptos.

It seems regulators will not leave Meta, the parent company behind Facebook and Instagram, alone, even after the company abandoned its cryptocurrency projects. The new regulations drafted in the UK will target Metaverse developments.

The co-founder of Twitter, and the current CEO of Block, has praised Bitcoin and explained its role in the universal basic income (UBI). Dorsey, a [...]

Libra was set to launch within less than a year after the announcement but it was postponed several times; then two and a half years later Libra was rebranded as Diem.

The post Facebook’s DIEM Formerly Known as Libra Shuts Down Without Ever Launching appeared first on BitPinas.

The Diem Association has sold its intellectual property and tech assets to Silvergate Capital in a $182m deal.

Meta has officially scrapped its cryptocurrency plans, after multiple attempts to launch the stablecoin Diem failed. 1/7 From the statement by the CEO Stuart Levey on the sale of the Diem group's assets to Silvergate — “From the outset, the Diem project has been focused on leveraging the benefits of blockchain technology to design a […]

The post Zuckerberg Throws The Towel On Diem appeared first on CryptoCoin.News.

The MIT Cryptoeconomics Lab was founded by Catalini. Celsius has announced that it would integrate Chainlink Proof of Reserve (PoR).

The post has appeared first on thenewscrypto.com