Diem

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Chainlink Labs Hires Diem CTO Dahlia Malkhi to Lead Research
Malkhi was an integral executive at the now-shuttered stablecoin project.
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Team Bringing Diem Blockchain to Life Confirms $200M Raise, Says Coinbase and More Are Building on Devnet
Aptos announced the funding round Tuesday and said major crypto brands were already contributing code.
(Shutterstock, modified by CoinDesk)

Ex-Meta Coders Raising $200M to Bring Back Diem
Ex-Meta Coders Raising $200M to Bring Back Diem
In an initiative called Aptos, a group of former Meta coders familiar with the Diem (formerly Libra) stablecoin project are raising capital to bring the Diem blockchain back to life. “The Hash” discusses where Diem stands in the current blockchain ecosystem and potential venture capital interest.
Ex-Meta Coders Raising $200M to Bring Back Diem

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Ex-Meta Coders Raising $200M to Bring Diem Blockchain to Life: Sources
Aptos is eyeing a $2 billion valuation for its bid to bring the Diem blockchain into users’ hands, sources tell CoinDesk.
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Where Is Diem Creator David Marcus Headed Next?
Where Is Diem Creator David Marcus Headed Next?
David Marcus, co-founder of the Diem project (formerly Libra) originally launched from Meta (formerly Facebook), tweeted Tuesday, predicting that bitcoin will be the No. 1 asset in the next 20 years, while the No. 2 asset is yet to be determined. This comes as Silvergate Bank confirmed Monday Diem is shutting down.
Where Is Diem Creator David Marcus Headed Next?

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Diem May Be Gone, but Its Legacy Lives On
It's still not yet time to lay this much plagued stablecoin project to rest.
(Scott Rodgerson/Unsplash)

Diem Confirms Shutdown as Silvergate Acquires the Project's Assets
Diem Confirms Shutdown as Silvergate Acquires the Project’s Assets
CoinDesk’s Nikhilesh De weighs in on Silvergate Bank confirming Monday it’s purchasing the technology and other assets from Diem, the stablecoin project from Meta Platforms (formerly Facebook) announced as Libra in June 2019.
Diem Confirms Shutdown as Silvergate Acquires the Project's Assets

Visitors take photographs in front of signage at Meta Platforms headquarters in Menlo Park, California, U.S., on Friday, Oct. 29, 2021. Facebook Inc. is re-christening itself Meta Platforms Inc., decoupling its corporate identity from the eponymous social network mired in toxic content, and highlighting a shift to an emerging computing platform focused on virtual reality. Photographer: Nick Otto/Bloomberg via Getty Images
Diem Confirms Shutdown as Silvergate Acquires the Project's Assets
Facebook (now Meta) is officially winding down the stablecoin project it announced in June 2019.
Visitors take photographs in front of signage at Meta Platforms headquarters in Menlo Park, California, U.S., on Friday, Oct. 29, 2021. Facebook Inc. is re-christening itself Meta Platforms Inc., decoupling its corporate identity from the eponymous social network mired in toxic content, and highlighting a shift to an emerging computing platform focused on virtual reality. Photographer: Nick Otto/Bloomberg via Getty Images

Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down
Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down
Meta (formerly Facebook) is joining the Crypto Open Patent Alliance (COPA), a consortium of tech and crypto companies led by Jack Dorsey’s payments company, Block (formerly Square). This comes as Meta winds down its Diem project, reportedly selling its intellectual property to Silvergate Bank for $200 million to pay back investors.
Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down