Lens
Altcoins
Founded by former employees of Meta stablecoin arm Diem, blockchain company Aptos Labs announced a US$150 million Series A funding round led by FTX Ventures and Jump Crypto on Monday, according to a press release. See related article: Crypto startup funding falls by 26% in H1 2022: report Fast facts Venture capital and crypto firms […]
Ningwei Qin
Regulation
Meta (formerly Facebook)-backed stablecoin project Diem’s intellectual property and assets have been sold to cryptocurrency bank Silvergate Capital Corporation for US$182 million, both entities confirmed on Monday. Fast facts “[W]e identified a need for a U.S. dollar-backed stablecoin that is regulated and highly scalable to further enable them to move money without barriers,” said Silvergate […]
Lachlan Keller
Regulation
Stablecoins combine the portability of crypto with the price stability of fiat currencies. But are they all that stable?
Zoltan Vardai
Regulation
The U.S. dollar reigns supreme as the current world reserve currency. Could the USD's status change with the rise of CBDCs like China’s DCEP digital yuan?
David Shin
Bitcoin News
Other top blockchain and cryptocurrency news: BlockFi’s accidental BTC millionaires. China's Inner Mongolia asks citizens to report illegal crypto mining.
Forkast.News
Regulation
When Diem launches and central banks roll out digital currencies, what role will each play? Here is a look at the world's financial and payments future.
Ran Goldshtein
Regulation
Countries around the world are exploring central bank digital currencies. But US and European central bank leaders say they value stability over speed.
Michelle Lim
Regulation
Formerly named Libra, the Diem stablecoin is now awaiting regulatory approval, writes Ilia Maksimenka of PlasmaPay. What are Diem's odds of success?
Ilia Maksimenka
Regulation
Ethereum co-founder Joe Lubin and blockchain investor Alex Tapscott tell Forkast.News that the stablecoin bill aimed at Libra/Diem and Tether could have broader repercussions on the blockchain industry.
Sam Reynolds
Regulation
Other top blockchain and cryptocurrency news: S&P Dow Jones to launch crypto index. Walmart invests big in India's PhonePe.
Forkast.News
