Libra – DIGIT INFO

Milei’s ‘Libragate’ scandal, explained: What’s behind the controversy?

DIGIT — Sat, 01 Mar 2025 17:35:00 +0000

Milei’s LIBRA crypto post sent prices soaring, then crashing. The controversy has left investors dealing with losses and Milei facing a legal and political fallout.

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$LIBRA Token Faces Backlash Amid Fraud Allegations and Market Manipulation Claims

DIGIT — Tue, 18 Feb 2025 07:18:34 +0000

The $LIBRA token may be one of the most controversial cryptocurrencies out there, even being called by some the biggest political rug-pull in crypto history. Nonetheless, it has many traders–even ones who have taken substantial losses on it–throwing fresh money into the project. Why? Because they seem to believe it’s a “buy the dip” opportunity, with the possible price surge making it a speculative high-reward investment. On the downside, the latest $LIBRA developments have raised some red flags around potential market manipulation, insider trading, and the possible involvement of political figures in the whole shebang. The $LIBRA token, which came

The post $LIBRA Token Faces Backlash Amid Fraud Allegations and Market Manipulation Claims appeared first on The Merkle News.

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Death of Meta’s stablecoin project was ‘100% a political kill’ — Ex Diem boss

DIGIT — Sun, 01 Dec 2024 23:22:43 +0000

United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell into killing the project, the former Meta executive said.

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The Death of Meta’s Libra: A 100% ‘Political Kill’

DIGIT — Sun, 01 Dec 2024 19:05:10 +0000

David Marcus, former head of Libra at Meta, described how the project ended at the hands of personalities in the high echelons of political power. He remarked that this happened even after satisfying the demands of lawmakers and regulators. David Marcus Tells How Libra Died for Purely Political Reasons David Marcus, the former head of […]

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Libra-related Sui blockchain fixes critical bug that put ‘billions’ at risk

DIGIT — Tue, 16 May 2023 13:00:00 +0000

The vulnerability was located in a file that translates human-readable code into machine language for storage.

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Vale Diem: How Facebook’s ambitious stablecoin project came to an end

DIGIT — Wed, 02 Feb 2022 16:12:11 +0000

It only took Libra/Diem two years to come full circle from publishing its white paper to falling apart.

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Mark Zuckerberg’s stablecoin project Diem officially shuts down

DIGIT — Tue, 01 Feb 2022 09:04:38 +0000

Meta has officially given up on its stablecoin project Diem after more than two years of efforts to launch the digital currency.

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Mark Zuckerberg’s Meta in Talks to Sell Assets in Crypto Project Diem: Report

DIGIT — Wed, 26 Jan 2022 17:00:44 +0000

Meta, formerly Facebook, is reportedly in talks with investment bankers to sell its assets in the cryptocurrency project Diem, formerly Libra. The diem USD stablecoin was supposed to be issued by Silvergate Bank but it failed to get regulatory approval. Meta Reportedly Seeking Buyers for Diem Crypto Project Mark Zuckerberg’s Meta, formerly Facebook, is trying […]

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Zuckerberg’s Diem reportedly weighing sale after stablecoin plans falter

DIGIT — Wed, 26 Jan 2022 02:07:39 +0000

It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets.

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Privacy or policy? Why Facebook’s crypto wallet Novi is facing resistance

DIGIT — Wed, 27 Oct 2021 13:11:00 +0000

Facebook’s Novi wallet lets users send and receive a dollar-pegged stablecoin, but not hold it.

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