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CRYPTOCURRENCY

Aptos Labs Raises $150m Co-Led by FTX Ventures & Jump Crypto
cryptocurrency

Aptos Labs Raises $150m Co-Led by FTX Ventures & Jump Crypto

Aptos plans to use the latest capital to bring the now-defunct Diem project back to life.

Meta to Shut Down Novi Crypto Wallet in September
cryptocurrency

Meta to Shut Down Novi Crypto Wallet in September

Although Meta Inc said it will end the Novi digital Wallet, the firm plans to continue executing its existing fintech goals to boost greater financial inclusion as it looks ahead to the metaverse.

Meta Alumni Owned Layer-1 Protocol Aptos Raises $200m from a16z
cryptocurrency

Meta Alumni Owned Layer-1 Protocol Aptos Raises $200m from a16z

Former Meta Platforms Inc staff, led by Mo Shaikh, have raised $200 million in a strategic funding round for its new startup Aptos.

Facebook Rebrands to Meta, Seeking to Develop the Metaverse
cryptocurrency

Facebook Rebrands to Meta, Seeking to Develop the Metaverse

The pioneering social media giant, Facebook Inc, has rebranded its name to Meta as it seeks to foster the development of the metaverse, a term made famous by the current craze in the NFT ecosystem.

Facebook Aims to Integrate NFTs in Novi Digital Wallet
cryptocurrency

Facebook Aims to Integrate NFTs in Novi Digital Wallet

Tech-giant Facebook is escalating its influence by integrating NFTs in its Novi Digital Wallet.

Novi Digital Wallet Ready to Show on the Market, Facebook’s David Marcus Says
cryptocurrency

Novi Digital Wallet Ready to Show on the Market, Facebook’s David Marcus Says

The head of Facebook Financial, David Marcus, has revealed that Facebook’s Diem cryptocurrency is ready for launch.

Facebook Diem Project to Launch USD Stablecoin after Dropping Swiss License Application Plan
cryptocurrency

Facebook Diem Project to Launch USD Stablecoin after Dropping Swiss License Application Plan

Diem Association is planning to move its main operations from Switzerland to the United States.

Former SEC Chair Jay Clayton Joins Crypto Advisory Board
cryptocurrency

Former SEC Chair Jay Clayton Joins Crypto Advisory Board

Former SEC Chairman Jay Clayton has taken up an advisory role with crypto firm One River Digital Asset Management.

Facebook's Rebranding of Libra Stablecoin to Diem May Face Copyright Infringement Lawsuit
cryptocurrency

Facebook's Rebranding of Libra Stablecoin to Diem May Face Copyright Infringement Lawsuit

Facebook’s idea to rebrand its Libra stablecoin project to “Diem” may not be as smooth sailing as what the corporate firm had in mind.

Facebook Digital Currency Libra Rebrands Name to Diem Ahead of Its Dollar-Backed Stablecoin Launch
cryptocurrency

Facebook Digital Currency Libra Rebrands Name to Diem Ahead of Its Dollar-Backed Stablecoin Launch

Facebook-backed Libra Association has rebranded its name to the Diem Association ahead of the proposed launch of its dollar-backed stablecoin.

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