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Diem

Fintech
·Oct. 4, 2021

Facebook down, and so was its digital payments site Novi

"We're aware that some people are having trouble accessing our apps and products," Facebook said in its first public comment on Twitter. "We're working to get things back to normal as quickly as possible, and we apologize for any inconvenience."

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facbooks diem stable coin project sells
Crypto
·Feb. 1, 2022

FB Meta crypto project Diem officially sells out

Silvergate, a US-based crypto bank that first partnered with the Facebook venture to create a stable coin last May, said in a release they paid $182 million for the operations infrastructure.
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The digital marketing converting online followers into advertising money.
Crypto
·Aug. 23, 2021

Facebook Announces New Cryptocurrency Payment Product

Facebook announced last week that their digital payments platform, Novi, is nearly ready to launch across multiple states, having passed regulatory checks. Novi will use a stable cryptocurrency called Diem to launch payments across borders for the 2.7 billion users of the social network.
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