Diem

Rep. Maxine Waters (D-CA). (Drew Angerer/Getty Images)
Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts
A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing.
Rep. Maxine Waters (D-CA). (Drew Angerer/Getty Images)

Tensions Brewing Between Aptos and Sui After Disinvitation From Denver Crypto Conference
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...
Tensions Brewing Between Aptos and Sui After Disinvitation From Denver Crypto Conference

Aptos Token Price Doubles in Two Weeks Amid Strong NFT Interest
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 dis...
Aptos Token Price Doubles in Two Weeks Amid Strong NFT Interest

(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.
(CoinDesk)

Founders Mo Shaikh (left) 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.
Founders Mo Shaikh (left) and Avery Ching (Aptos Labs)

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.
Silvergate Bank HQ (Will Foxley/CoinDesk)

Aptos Labs Raises $150M in Funding Round Led by FTX Ventures
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” pan...
Aptos Labs Raises $150M in Funding Round Led by FTX Ventures

Aptos Labs raised $150 million in a Series A round led by FTX Ventures. (Shutterstock)
Aptos Labs Raises $150M in Funding Round Led by FTX Ventures
The team is looking to bring the Diem blockchain back to life.
Aptos Labs raised $150 million in a Series A round led by FTX Ventures. (Shutterstock)

Silvergate CEO Alan Lane at Consensus 2016 (CoinDesk archives)
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 at Consensus 2016 (CoinDesk archives)

Rep. Brad Sherman (D-Calif.) created a "Zuck Buck" graphic featuring CEO Mark Zuckerberg to describe his view of the libra stablecoin. (House Financial Services Committee)
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.
Rep. Brad Sherman (D-Calif.) created a "Zuck Buck" graphic featuring CEO Mark Zuckerberg to describe his view of the libra stablecoin. (House Financial Services Committee)