what is facebook crypto

Last Updated on August 21, 2023 by Paganoto

Facebook-funded cryptocurrency Diem winds down – BBC News

Facebook-funded cryptocurrency Diem winds down – BBC News

Facebook intended Diem to be a stablecoin which, as the name implies, is a type of cryptocurrency designed to be less of a financial rollercoaster, its value linked to less volatile assets such as national currencies or commodities.Feb 1, 2022

Facebook's dream of creating its own global cryptocurrency …

Facebook's dream of creating its own global cryptocurrency …

Complicated from the start. When Facebook announced Libra, the plan was to create a universal cryptocurrency that could be accessed by digital …

Diem (digital currency) – Wikipedia

Diem (digital currency) – Wikipedia

Diem (formerly known as Libra) was a permissioned blockchain-based stablecoin payment system … “Facebook’s Calibra cryptocurrency wallet launches in 2020”.

Why Is Facebook Getting Into Cryptocurrency? – IEEE Spectrum

Why Is Facebook Getting Into Cryptocurrency? – IEEE Spectrum

Facebook is on the cusp of launching an ambitious new cryptocurrency-based payment system that it says will boost financial inclusion and slash transaction …

Facebook's crypto project sold after political backlash – Politico

Facebook's crypto project sold after political backlash – Politico

The announcement caps a nearly three-year odyssey on the part of Facebook and its partners to launch a digital currency, which was first dubbed …

Libra Cryptocurrency – Overview, How It Works, Purpose

Libra Cryptocurrency – Overview, How It Works, Purpose

How was Facebook to Profit from Libra?

Facebook's cryptocurrency project Diem is likely coming to an …

Facebook's cryptocurrency project Diem is likely coming to an …

More than two years after it was first announced, the Facebook-sponsored cryptocurrency formerly known as Libra appears to be coming to an …

Facebook-backed cryptocurrency sold amid regulatory pressure

Facebook-backed cryptocurrency sold amid regulatory pressure

Facebook, which rebranded itself as Meta last October, had first announced its plans to introduce a cryptocurrency called Libra in 2019. It …

The last remnant of Facebook's crypto project shuts … – CNBC

The last remnant of Facebook's crypto project shuts … – CNBC

The last remnant of Facebook’s crypto project shuts down September 1 · Meta announced Friday that it’s shuttering its digital wallet, Novi, on …

Facebook Libra: the inside story of how the company's …

Facebook Libra: the inside story of how the company's …

For Facebook’s more than two-billion-strong user base, crypto could offer a convenient and cheap way to move money around the world, Marcus …