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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 asset in the next 20 years, while the No. 2 asset is yet to be determined. This comes as Silvergate Bank confirmed Monday Diem is shutting down.
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 (formerly Facebook) announced as Libra in June 2019.
Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down
Meta (formerly Facebook) is joining the Crypto Open Patent Alliance (COPA), a consortium of tech and crypto companies led by Jack Dorsey’s payments company, Block (formerly Square). This comes as Meta winds down its Diem project, reportedly selling its intellectual property to Silvergate Bank for $200 million to pay back investors.
La vie algorithmique ne vaut pas la peine d'être vécue
La modélisation du comportement est le volant d’inertie de l’économie numérique – et elle nous rend tous stupides, ennuyeux et névrosés.
UK Government Reportedly Plans PR Campaign Against Encrypted Communications
The Home Office of the U.K. government is set to launch a publicity campaign attacking end-to-end encryption, citing child abuse fears. The main objective is to sway public opinion against Facebook’s decision to encrypt its Messenger app. “The Hash” panel discusses the latest in the battle over end-to-end encryption.
Instagram Disabled Artist's @Metaverse Handle Days After Facebook Rebranded to Meta
Days after Facebook announced its corporate name would become Meta, an artist's Instagram account with the username "@metaverse" was blocked and later reinstated. "The Hash" squad unpacks the latest story calling for the need for actual ownership in Web 3 amid ongoing trademark battles in centralized social media.
Meta’s WhatsApp to Trial Novi Digital Wallet
Meta, formerly Facebook, is launching a limited trial of its Novi digital wallet within its WhatsApp messaging platform. This follows a U.S.-Guatemala remittance pilot with USDP and the Novi wallet launched in October. “The Hash” panel discusses the latest integration between WhatsApp and Meta’s crypto efforts.
Meta Builds Tool to Fight Revenge Porn Using Unique Digital Fingerprints
Meta, the parent organization of Facebook, has teamed up with the U.K.-based nonprofit Revenge Porn Helpline to stop the spread of non-consensual intimate images via a “hash-matching technology.” “The Hash” squad discusses how it works and the possible repercussions for user privacy.
Metaverse Startup The Sandbox Co-Founder on Business Model, Expansion Plan and Facebook Competition
On the heels of closing a $93 million Series B funding round led by SoftBank earlier this month, metaverse startup The Sandbox Co-founder and COO Sebastien Borget discusses whether Meta, formerly Facebook, is a potential threat to the future of Web 3. Plus, insights into the advantages of owning decentralized, NFT-based virtual real estate and the launch of The Sandbox Alpha.