Diem Is Dead: Is Facebook Done with Crypto?
Facebook unveiled its ambitious cryptocurrency plan in June 2020: it partnered with a couple of dozen of other companies to launch a stablecoin project, then called Libra and now Diem.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Finance MagnatesRelated market context
22 Companies Block OKXICE Tokenized Stocks, Putting 63-Share Crypto Plan Under Pressure
Key Takeaways: A total of twenty-two companies have declined to accept tokenization of their shares on the pending OKXICE. Among t...
China Sets 2030 Deadline for National Blockchain Network Despite Sweeping Crypto Ban
Key Takeaways: Under the new 5-year digital strategy, China aims to achieve a national blockchain network which will be largely co...
Kraken Ends Trading In 13 Tokens As A Separate Withdrawal Deadline Begins
Kraken’s October delistings have moved into the withdrawal phase. Trading and deposits for 13 assets were scheduled to stop on Oct...
Franklin Moves Bitcoin DRIP ETFs Toward Nasdaq With Dividend Reinvestment Plan
TL;DR: Franklin Templeton has filed exchange registrations for two stock-and-Bitcoin ETFs. Their strategy redirects equity dividen...
Solana adds $22M in euro stablecoins in one week, outpacing every other chain
Solana's rapid euro stablecoin growth highlights its rising influence in the crypto market, potentially challenging Ethereum's dom...
Bank of Israel Rejects Netanyahu’s Crypto Sanction-Evasion Plan
The institution stressed that instead of seeking alternatives to bypass possible international sanctions against the nation, Israe...