Blockchain

Facebook’s “Diem Dolla” test network delivers disappointing results

The dire Testnet results from Facebook's Diem (formerly Libra) have dampened claims that the digital currency poses a threat to…

4 years ago

Libra suddenly changed its name to “Diem” to be more autonomous and independent of Facebook

Libra has been renamed "Diem" in a new attempt to obtain regulatory approval by emphasizing the project's independence from Facebook.…

4 years ago

Facebook-run Libra plans to launch a dollar-pegged stablecoin in January 2021

Libra, the Facebook-linked stablecoin that is repeatedly targeted by lawmakers, could start as early as January 2021, albeit in a…

4 years ago

Facebook claims its proposed payment network is 7x faster than Visa

As work continues on Novi, Facebook's digital wallet that the company hopes one day will be used to access currencies…

4 years ago

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