The Diem saga started in 2019 when Facebook announced a new digital currency called Libra. The mission was simple yet ambitious. Facebook wanted to create a simple global payment system and empower ...
Silvergate Capital SI shares surged Thursday after Diem Association, a digital-currency group backed by Facebook FB, tapped the financial-services company to issue the Diem USD stablecoin. Shares of ...
At Facebook, Sam Blackshear created Move, a programming language tailored specifically for blockchain applications, but Diem, the cryptocurrency powered by Move, never launched. When lawmakers in the ...
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