Diem

Christian Catalini (Chainlink Labs)
Chainlink Labs Hires Diem Co-Creator Christian Catalini as Technical Adviser
In his new role, Catalini will primarily work on a new protocol for decentralized inter-blockchain messaging, data and token movements.
Christian Catalini (Chainlink Labs)

(Justin Sullivan/Getty Images)
Diem to Sell Assets to Silvergate Bank for $200M: Report
The star-crossed project had been in discussions with investment bankers to sell its key assets and return money to investors.
(Justin Sullivan/Getty Images)

Meta-Led Diem Now Considering Sale of Assets Amid Increasing Regulatory Pressure
Meta-Led Diem Now Considering Sale of Assets Amid Increasing Regulatory Pressure
The Diem Association, the Meta Platforms (formerly Facebook)-led group seeking to create a stablecoin, is allegedly considering selling the project’s assets to return money to investors. This comes as regulatory pressures have stalled Diem since its conception in 2019. “The Hash” group reflects on Diem and the regulatory lessons to be learned.
Meta-Led Diem Now Considering Sale of Assets Amid Increasing Regulatory Pressure

Facebook CEO Mark Zuckerberg
Diem Mulling Sale of Assets to Pay Back Investors: Report
The Meta-led group developing the cryptocurrency has been in discussions with investment bankers about selling the project's intellectual property.
Facebook CEO Mark Zuckerberg

WhatsApp (Hoch Zwei/Corbis via Getty Images)
Meta’s WhatsApp to Trial Novi Digital Wallet
The move comes two months after Novi’s first pilot launched.
WhatsApp (Hoch Zwei/Corbis via Getty Images)

(Andrew Harrer/Bloomberg/Getty Images, modified by CoinDesk)
The Long Strange Journey of Facebook’s Libra Project
With David Marcus leaving, what is the future of diem?
(Andrew Harrer/Bloomberg/Getty Images, modified by CoinDesk)

David Marcus, vice president of messaging products for Facebook Inc., speaks during the Wall Street Journal D.Live global technology conference in Laguna Beach, California, U.S., on Wednesday, Oct. 18, 2017. WSJ D.Live conference brings together CEOs, founders, investors, and luminaries to discuss the global technology environment and how to move the industry forward.
Libra Creator David Marcus Says He’s Leaving Facebook at Year’s End
He leaves the stablecoin project, first announced in June 2019, as it continues to face stiff regulatory headwinds.
David Marcus, vice president of messaging products for Facebook Inc., speaks during the Wall Street Journal D.Live global technology conference in Laguna Beach, California, U.S., on Wednesday, Oct. 18, 2017. WSJ D.Live conference brings together CEOs, founders, investors, and luminaries to discuss the global technology environment and how to move the industry forward.

EU flag
European Council Takes One Step Closer to Ratifying Landmark Crypto Regulation
The European Council and Parliament will now negotiate the rules set out in the framework.
EU flag

Coinbase CEO Brian Armstrong (CoinDesk archives)
Everyone Wants Crypto Regulations – On Their Terms
The industry is speaking, but lawmakers may not be listening.
Coinbase CEO Brian Armstrong (CoinDesk archives)