| 1:32:40 PM - Mon, Apr 18th 2022 |
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Mark Zuckerberg's Dreams Are Broken, Leads to Sell Crypto Project Diem
Project "Dium" Crypto at MarkSLOTZuckerberg determine It is a stable digital currency. may not go on It was sold to a new developer.
On January 26, 2022, Bloomberg reported that Mark Zuckerber The godfather of Meta or Facebook is in secret talks. to decide to sell assets to return capital to investment members After the Federal Reserve (Fed) expressed dismay at Zuckerberg's Diem crypto project, which he aims to build as one of the world's stable digital currencies.
“The Fed is uncomfortable with the project. Nor can we assure the banking sector that diem will be permitted,” the central bank said in a statement.
Three years back, Mark Zuckerberg. has announced the launch of stablecoins, a cryptocurrency that is intended to be tied to the US dollar. and hopes to become the world's main crypto-currency Under the name Libra (Libra), but since its launch, ready to mobilize investor partners The Libra project faces many obstacles in obtaining permission. especially the investigation, inspection and clarification to the US agencies In addition, there were partners in the first phase gradually withdrawing. Until having to change the name to "Dium" or Diem Association under cooperation with Silvergate Bank, a major financial institution that exchanges crypto
Bloomberg reported, citing sources within Diem, saying: Diem Alliance is considering selling the intellectual property it developed to bring back investors. including finding new developers to continue the project
In addition to the gradual withdrawal of the alliance, Mr. David Marcus, Project Diem's supervisor has announced his resignation from that position Went at the end of last year as well as other partners who have gradually withdrawn as well
The Diem Association's public relations department clarified the Bloomberg news report. There are some mistakes But it didn't make it clear what part of the Bloomberg report was wrong.
While the company's side, Meta, has reserved the stance to express an opinion on this matter, with Meta holding approximately one-third of the investment in the project. Several other Dium investors include Union Square Ventures, Ribbit Capital, Andreessen Horowitz and Temasek Holdings, a Singapore-based investment firm.
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