Diem


Tech

Movement Labs Raises $38M for Rollup Based on Facebook's Move Language

Movement's 21 and 24-year-old co-founders say they are on a mission to "make blockchain security sexy" with the launch of their L2.

Movement Labs co-founders Cooper Scanlon and Rushi Manche (Movement Labs)

Policy

Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts

A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing.

Rep. Maxine Waters (D-CA). (Drew Angerer/Getty Images)

Videos

Tensions Brewing Between Aptos and Sui After Disinvitation From Denver Crypto Conference

At ETHDenver, one of the year’s biggest events on the crypto circuit, tensions have gone public between Aptos and Sui, two startup blockchains staffed by teams of individuals who emerged from Facebook's defunct Diem stablecoin project. "The Hash" panel discusses the details and subsequent industry implications.

Recent Videos

Videos

Aptos Token Price Doubles in Two Weeks Amid Strong NFT Interest

Layer 1 blockchain Aptos' native token has surged over 400% since the start of the year amid increased interest in NFT trading. Aptos Labs Co-Founder & CEO Mohammad Shaikh discusses the potential catalysts for the rally, the outlook for NFTs, and layer 1 competition. Plus, insights into his time at Meta while building the Diem blockchain.

Recent Videos

Finance

Crypto Bank Silvergate Shares Plunge 46% After $8.1B Withdrawal in Q4 Prompts 200 Job Cuts

The company also said it is writing off its investment in former Facebook stablecoin project Diem.

(CoinDesk)

Finance

Aptos CEO Defends 'Fair' Tokenomics That Prompted Community Backlash

Aptos CEO Mo Shaikh told CoinDesk the token distribution is much fairer than at other projects.

Mo Shaikh y Avery Ching, cofundadores de Aptos. (Aptos Labs)

Finance

Crypto Bank Silvergate to Miss Goal of Offering Stablecoin This Year

The news comes alongside a Q3 earnings miss that's sending the stock lower by more than 20% on Tuesday.

Casa central de Silvergate Bank. (CoinDesk)

Videos

Aptos Labs Raises $150M in Funding Round Led by FTX Ventures

Aptos Labs, a layer 1 blockchain from Meta Platforms’ former employees, has raised $150 million in a Series A funding round led by FTX Ventures and Jump Crypto. “The Hash” panel discusses what this means for the fate of Diem and whether the Facebook-funded project could come back to life.

CoinDesk placeholder image

Finance

Aptos Labs Raises $150M in Funding Round Led by FTX Ventures

The team is looking to bring the Diem blockchain back to life.

Unizen has received $200 million from alternative investment group Global Emerging Markets. (Shutterstock)

Finance

Silvergate CEO Sees More Near-Term Pain for Crypto but Still Bullish on Bitcoin Lending

The bank posted strong second-quarter earnings, outperforming its crypto peers’ due to strong risk management.

Silvergate CEO Alan Lane at Consensus 2016 (CoinDesk archives)

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