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Diem

The Pacific as seen from Aptos, Calif. (Cristina Glebova/Unsplash)
Finance
Paypal
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.
The Pacific as seen from Aptos, Calif. (Cristina Glebova/Unsplash)
By Brandy Betz
May 31, 2022 at 2:00 p.m. UTC
May 31, 2022
PayPalDiemFacebookFunding
(Shutterstock)
Finance
Chainlink
Chainlink Labs Hires Diem CTO Dahlia Malkhi to Lead Research
Malkhi was an integral executive at the now-shuttered stablecoin project.
(Shutterstock)
By Cam Thompson
Mar 29, 2022 at 9:41 p.m. UTC
Mar 29, 2022
ChainlinkDiemHires
(Shutterstock, modified by CoinDesk)
Finance
Diem
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.
(Shutterstock, modified by CoinDesk)
By Zack Seward
Mar 15, 2022 at 2:59 p.m. UTC
Mar 15, 2022
DiemFunding RoundsAptosCoinbaseFacebookFacebook Libra
Ex-Meta Coders Raising $200M to Bring Back Diem
Video
Facebook
Ex-Meta Coders Raising $200M to Bring Back Diem
In an initiative called Aptos, a group of former Meta coders familiar with the Diem (formerly Libra) stablecoin project are raising capital to bring the Diem blockchain back t...
Ex-Meta Coders Raising $200M to Bring Back Diem
By CoinDesk Staff
Feb 24, 2022 at 8:41 p.m. UTC
Feb 24, 2022
FacebookcdtvHash clipDiemStablecoinMetaAptos
(Shutterstock, modified by CoinDesk)
Finance
Libra
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.
(Shutterstock, modified by CoinDesk)
By Zack Seward
Feb 24, 2022 at 2:06 p.m. UTC
Feb 24, 2022
LibraDiemFacebookBlockchainsFunding
Where Is Diem Creator David Marcus Headed Next?
Video
Libra
Where Is Diem Creator David Marcus Headed Next?
David Marcus, co-founder of the Diem project (formerly Libra) originally launched from Meta (formerly Facebook), tweeted Tuesday, predicting that bitcoin will be the No. 1 ass...
Where Is Diem Creator David Marcus Headed Next?
By CoinDesk Staff
Feb 2, 2022 at 8:11 p.m. UTC
Feb 2, 2022
LibraFacebookDavid MarcuscdtvHash clipDiemSilvergate BankMeta
(Scott Rodgerson/Unsplash)
Policy
Regulations
Diem May Be Gone, but Its Legacy Lives On
It's still not yet time to lay this much plagued stablecoin project to rest.
(Scott Rodgerson/Unsplash)
By Nikhilesh De
Feb 1, 2022 at 6:04 p.m. UTC
Feb 1, 2022
RegulationsNewslettersState of CryptoLibraDiemLibra AssociationUnhosted WalletsFinCENTreasury Department
Diem Confirms Shutdown as Silvergate Acquires the Project's Assets
Video
Libra
Diem Confirms Shutdown as Silvergate Acquires the Project’s Assets
CoinDesk’s Nikhilesh De weighs in on Silvergate Bank confirming Monday it’s purchasing the technology and other assets from Diem, the stablecoin project from Meta Platforms (f...
Diem Confirms Shutdown as Silvergate Acquires the Project's Assets
By CoinDesk Staff
Feb 1, 2022 at 5:14 p.m. UTC
Feb 1, 2022
LibraFacebookNikhilesh DecdtvFM ClipDiemSilvergate BankStablecoinMeta Platforms
(Nick Otto/Bloomberg via Getty Images)
Finance
Facebook
Diem Confirms Shutdown as Silvergate Acquires the Project's Assets
Facebook (now Meta) is officially winding down the stablecoin project it announced in June 2019.
(Nick Otto/Bloomberg via Getty Images)
By Nikhilesh De
Jan 31, 2022 at 10:10 p.m. UTC
Jan 31, 2022
FacebookDiemLibraSilvergate BankAcquisitions