Diem

CoinDesk - Unknown
Tensions Brewing Between Aptos and Sui After Disinvitation From Denver Crypto Conference
At ETHDenver, one of the year’s biggest events on the crypto circuit, tensions have gone public between Aptos and Sui, two startup blockchains staffed by teams of individuals who emerged from Facebook's defunct Diem stablecoin project. "The Hash" panel discusses the details and subsequent industry implications.
CoinDesk - Unknown

CoinDesk - Unknown
Aptos Token Price Doubles in Two Weeks Amid Strong NFT Interest
Layer 1 blockchain Aptos native token has surged over 400 since the start of the year amid increased interest in NFT trading Aptos Labs Co Founder CEO Mohammad Shaikh discusses the potential catalysts for the rally the outlook for NF Ts and layer 1 competition Plus insights into his time at Meta while building the [...]
CoinDesk - Unknown

CDCROP: Silvergate Bank HQ (CoinDesk)
Crypto Bank Silvergate Shares Plunge 46% After $8.1B Withdrawal in Q4 Prompts 200 Job Cuts
The company also said it is writing off its investment in former Facebook stablecoin project Diem.
CDCROP: Silvergate Bank HQ (CoinDesk)

CDCROP: Founders Mo Shaikh and Avery Ching (Aptos Labs)
Aptos CEO Defends 'Fair' Tokenomics That Prompted Community Backlash
Aptos CEO Mo Shaikh told CoinDesk the token distribution is much fairer than at other projects.
CDCROP: Founders Mo Shaikh and Avery Ching (Aptos Labs)

CDCROP: Silvergate Bank HQ (Will Foxley/CoinDesk)
Crypto Bank Silvergate to Miss Goal of Offering Stablecoin This Year
The news comes alongside a Q3 earnings miss that's sending the stock lower by more than 20% on Tuesday.
CDCROP: Silvergate Bank HQ (Will Foxley/CoinDesk)

CoinDesk - Unknown
Aptos Labs Raises $150M in Funding Round Led by FTX Ventures
Aptos Labs, a layer 1 blockchain from Meta Platforms’ former employees, has raised $150 million in a Series A funding round led by FTX Ventures and Jump Crypto. “The Hash” panel discusses what this means for the fate of Diem and whether the Facebook-funded project could come back to life.
CoinDesk - Unknown

CDCROP: Money, Cash, One Hundred Dollar Bills
Aptos Labs Raises $150M in Funding Round Led by FTX Ventures
The team is looking to bring the Diem blockchain back to life.
CDCROP: Money, Cash, One Hundred Dollar Bills

Silvergate CEO, Alan Lane
Silvergate CEO Sees More Near-Term Pain for Crypto but Still Bullish on Bitcoin Lending
The bank posted strong second-quarter earnings, outperforming its crypto peers’ due to strong risk management.
Silvergate CEO, Alan Lane

ZuckBuck
Meta to Shutter Novi Crypto Payments Wallet in September, Ending Libra Saga
Three years into its stablecoin gambit, Meta’s final Libra dinosaur is going out the door.
ZuckBuck

The Pacific as seen from Aptos, Calif. (Cristina Glebova/Unsplash)
Aptos Revealed as PayPal Ventures’ First Layer 1 Investment
Aptos Labs announced a $200 million funding round in March and has now revealed that the venture arm of the payments giant was among the backers.
The Pacific as seen from Aptos, Calif. (Cristina Glebova/Unsplash)