Diem Reportedly Trying to Sell Assets—Is This the End of Facebook’s Stablecoin Ambitions?
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Diem Reportedly Trying to Sell Assets—Is This the End of Facebook’s Stablecoin Ambitions?

In brief The Diem Association is exploring ways to sell its assets, per a Bloomberg report. The stablecoin project has weathered regulatory scrutiny and executive departures. Diem Association (formerly known as Libra Association), the stablecoin project started by Meta (formerly known as Facebook), may soon be known as “abandoned.” The association—led by Facebook and a smattering of financial firms, venture…

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Trump Family Threatens to Sue Trumpcoin Crypto — Says 'We Do Not Authorize the Use'
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Trump Family Threatens Legal Action Over Trumpcoin Crypto — Says ‘We Do Not Authorize the Use’ – Altcoins Bitcoin News

The Trump family has threatened legal action over trumpcoin, a cryptocurrency created in 2016 “to honor Donald J. Trump.” Eric Trump said that the crypto has nothing to do with the Trump family. “We do not authorize the use and we are in no way affiliated with this group. Legal action will be taken,” he said. Trump Family Threatens Lawsuit…

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Eth2 is no more after Ethereum Foundation ditches name in rebrand
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Eth2 is no more after Ethereum Foundation ditches name in rebrand

The Ethereum Foundation has removed all references to Eth1 and Eth2 in favor of calling the original blockchain the “execution layer” and the upgraded Proof of Stake chain the “consensus layer.” Ethereum’s long-awaited transition from a Proof-of-work mining model to a Proof-of-Stake (PoS) consensus mechanism is expected to go live around in the second or third quarter of this year.…

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Zuckerberg's Diem reportedly weighing sale after stablecoin plans falter
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Zuckerberg’s Diem reportedly weighing sale after stablecoin plans falter

Meta-backed crypto initiative “Diem” is reportedly trying to sell its assets, seemingly calling time on Facebook founder Mark Zuckerberg’s grand ambitions for a stablecoin to act as the internet’s currency. Diem — which was previously known as Libra — is Meta Platform’s cryptocurrency initiative. According to insider sources speaking with Bloomberg, it is considering selling assets to return capital to…

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Elon Musk Tempts McDonald's to Accept Dogecoin — McDonald's Replies 'Only if Tesla Accepts Grimacecoin'
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Elon Musk Tempts McDonald’s to Accept Dogecoin — McDonald’s Replies ‘Only if Tesla Accepts Grimacecoin’ – Bitcoin News

Tesla CEO Elon Musk says that he will eat a happy meal on television if McDonald’s accepts the meme cryptocurrency dogecoin (DOGE). However, McDonald’s replied, “only if Tesla accepts grimacecoin.” Musk’s statement followed a tweet by McDonald’s asking how crypto Twitter is doing. Elon Musk Tries to Tempt McDonald’s to Accept Dogecoin Tesla and Spacex CEO Elon Musk offered to…

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Stop the steal? Trump family threatens legal action against TrumpCoin
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Stop the steal? Trump family threatens legal action against TrumpCoin

A low cap cryptocurrency named TrumpCoin (TRUMP) has finally drawn the ire of the Trump dynasty six years after it entered the market. On Jan. 25, Donald Trump’s second son Eric threatened legal action against the TRUMP cryptocurrency for allegedly using his family’s name fraudulently. Fraud Alert: It has come to our attention that someone is promoting a crypto currency called…

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5 NFT events trending on Twitter
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5 NFT events trending on Twitter

There is no denying that pop culture has entered the NFT space in full force. The World of Women collection created by Yam Karkai has followed in the footsteps of Bored Ape Yacht Club (BAYC) by signing with a big-time Hollywood agent, and Madonna was propositioned to buy a blue chip NFT and she might be giving the offer serious…

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