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.
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Jan 5, 2023 at 11:55 a.m. UTC
Jan 5, 2023
diem
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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.
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Nov 4, 2022 at 9:26 a.m. UTC
Nov 4, 2022
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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.
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Oct 18, 2022 at 5:47 p.m. UTC
Oct 18, 2022
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Aptos Labs Raises $150M in Funding Round Led by FTX Ventures
The team is looking to bring the Diem blockchain back to life.
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Jul 25, 2022 at 1:00 p.m. UTC
Jul 25, 2022
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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.
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Jul 23, 2022 at 12:00 p.m. UTC
Jul 23, 2022
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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.
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Jul 1, 2022 at 9:37 p.m. UTC
Jul 1, 2022
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Aptos Revealed as PayPal Ventures’ First Layer 1 Investment
Aptos Labs announced a $200 million funding round in March and has now revealed that the venture arm of the payments giant was among the backers.
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May 31, 2022 at 2:00 p.m. UTC
May 31, 2022
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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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Mar 29, 2022 at 9:41 p.m. UTC
Mar 29, 2022
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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.
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Mar 15, 2022 at 2:59 p.m. UTC
Mar 15, 2022
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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Feb 24, 2022 at 2:06 p.m. UTC
Feb 24, 2022