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Silvergate Capital acquired the Diem technical assets for $182 million earlier this year, effectively ending Facebook's grandiose ambition to create a crypto payments network. The transaction demonstrated how Facebook, now Meta, is left with few regulator-approved ways forward to become a key player in the blockchain ecosystem, a conclusion that has cost the corporation a slew of talent, including crypto chief David Marcus.
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'The greatest tyrannies are always perpetrated in the name of the noblest causes.'—Thomas Paine
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As of this writing, Bitcoin (BTC) is currently consolidating below $40,000 and has yet to display any clear signals that would indicate the trend's direction
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Digital assets will be used to fund military operations as well as media initiatives.
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Companies ranging from Doodles to luxury automobile manufacturer Porsche provided NFT-themed entertainment to the hundreds of participants who flocked to Texas over the weekend.
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To me, it still feels like the correct amount of money.
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The White House is laying the groundwork for a government policy on digital assets as seen here.
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Another social media storm is raging through it, just like many others that have recently graced the digital arena.
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According to a new research from NFT data provider Nonfungible.com, sales of nonfungible tokens exceed $17 billion by 2021.
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Cryptocurrencies provide a mechanism to shield money against authoritarian regimes, which is something that even the world's most free countries must consider.
Silvergate Capital acquired the Diem technical assets for $182 million earlier this year, effectively ending Facebook's grandiose ambition to create a crypto payments network. The transaction demonstrated how Facebook, now Meta, is left with few regulator-approved ways forward to become a key player in the blockchain ecosystem, a conclusion that has cost the corporation a slew of talent, including crypto chief David Marcus.
