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Libra
Memecoins Under Fire as BTC Lullfest Below $100K Revives Memories of 2018
Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.
LIBRA Memecoin Fiasco Destroyed $251M in Investor Wealth, Research Shows
On-chain data tracked by Nansen shows 86% of traders lost money, a total of $251 million.
Javier Milei Faces Charges in Argentina Over LIBRA: AP
Milei deleted posts promoting the token and claimed he was unaware of its development.
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.
Sino Global, Coinbase and Libra Alums Start $60 Million Web3 Fund
Oak Grove Ventures will focus on early-stage investments in Web3, artificial intelligence and biotechnology.
Will PayPal’s Stablecoin Shake Up Crypto Legislation Talks in Washington?
For some U.S. financial regulators, the ghost of Libra — the then-Facebook effort to establish a mass-appeal stablecoin — will forever haunt the debate over regulating stablecoins. "The Hash" panel discusses the parallels between Libra and fintech giant PayPal's newly launched PayPal USD (PYUSD). Plus, a closer look at how lawmakers are reacting to PayPal's dollar-pegged stablecoin debut.
Mysten Labs CEO on Sui Mainnet Going Live
Layer 1 blockchain Sui launched its mainnet this week, as it aims to edge out rivals like Aptos and other DeFi heavyweights. Evan Cheng, co-founder and CEO of the blockchain's core contributor Mysten Labs, shares insights into the benefits and opportunities of Sui and how it aims to stand out from the competition. Plus, Cheng reflects on the lessons learned from previously working on the Meta-led Diem project, formerly known as Libra.
A Technologist’s Approach to Explaining What Crypto Fixes
Co:Create co-founder Ankush Agarwal presents a user-centric guide to development, balancing Web3 technology’s potential with the needs of customers.
Aptos Is Not a Security: Anchorage General Counsel
Aptos token on the blockchain built by ex-Facebook staff as a continuation of Libra surged 36% over the weekend. Georgia Quinn of Anchorage Digital, the institutional custodian for Aptos Labs, discusses whether the token is a security.
Meta to Shutter Novi Crypto Payments Wallet in September, Ending Libra Saga
Three years into its stablecoin gambit, Meta’s final Libra dinosaur is going out the door.
