what is facebook cryptocurrency

Last Updated on March 13, 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 …

Diem (digital currency) – Wikipedia

Diem (digital currency) – Wikipedia

Diem (formerly known as Libra) was a permissioned blockchain-based stablecoin payment system proposed by the American social media company Meta Platforms.

Facebook Steps Toward Cryptocurrencies – IEEE Spectrum

Facebook Steps Toward Cryptocurrencies – IEEE Spectrum

Facebook has finally made its long awaited foray into cryptocurrencies, but the project is a shadow of its ambitious initial plans. The company has launched …

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 …

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's Cryptocurrency Venture to Wind Down, Sell Assets

Facebook's Cryptocurrency Venture to Wind Down, Sell Assets

The Diem Association, the consortium Facebook founded in 2019 to build a futuristic payments network, is winding down and selling its technology …

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 …

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. The Facebook logo is …