Diem Confirms Shutdown as Silvergate Acquires the Project's Assets

The Diem Association is shutting down.

It described Diem’s work as running “in a pre-launch phase.” Diem has faced stiff regulatory headwinds since it was first announced in June 2019. Rumors that Diem was looking to sell its assets to repay investors have been swirling since last week.In Diem’s statement, CEO Stuart Levey said, “a senior regulator informed us that Diem was the best-designed stablecoin project the U.S. Government had seen.

Silvergate said it issued $132 million in Class A common shares and paid an additional $50 million in cash to acquire the assets. At press time, Silvergate’s share price was trading at $107.74, up 13.4% on the day.

nikhileshde Yeah, well good luck to them as long as all the major liquidity pools are behind usdt

BarrySilbert nikhileshde bluesparrow isn't it amazing? • Daily & weekly & monthly draw • NFT • WEB 3 • OWN CEX • NAME IT • BLUESPARROW ETH BlueSparrow BlueSparrowtoken BlueSparrowCommunity BestDrawToken Bluesparrowcharity BlueSparrowETH web3 Bitcoin

nikhileshde Take that Zuckerberg lol!!! Wow great quick documentary explaining the Facebook crypto disaster!! lessonlearned meta facebook diem libra Zuckerberg

nikhileshde 🍺赞同！道可道非常道

nikhileshde Centralized shit

nikhileshde Pak u

nikhileshde play this game and get a chance to win $WARS

BarrySilbert nikhileshde short diem

nikhileshde You guys bought bakkt 2.0 for 200milz .. fk

nikhileshde Video posted by TomCrownCrypto Please take a few minutes to listen to this important information about privacy 👀 TomCrownCrypto taproot MimbleWimble Mweb Litecoin Bitcoin blockchain CryptoNews ETH cryptocurrecy

paycerprotocol nikhileshde paycerprotocol $PCR

BarrySilbert nikhileshde SHINJA 🥷 MetaverseNFT

nikhileshde CryptosBobLazar

nikhileshde 🌴☀️🌴☀️🌴☀️🌴☀️🌴☀️🌴 If you were looking for a good entry point now it's the perfect time before we go worldwide! CRYPTOISLAND Cisla IslanderElites CryptoIslandDao 🌴☀️🌴☀️🌴☀️🌴☀️🌴☀️🌴

nikhileshde New meme token It’s more than HUG $BLINU babylamboinu It’s going to 1$ 🔥🔥🔥🔥🔥🔥🔥🔥🔥 Less supply I love the token name babylamboinu ❤️ Big Investor and I feel it’s something new BNB BTC BSC عملات_رقمية البتكوين

BarrySilbert nikhileshde $LINK

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fidelity seeks approval for 2 more crypto-metaverse ETFsDo you want more crypto ETFs? You got it. Fidelity wants to make two new crypto and metaverse-related funds. You don't need to wait for the prices to go higher or lower to invest and earn,she could give you an insight on how you can earn up to $20k weeKly which only few people know about.if you’re really interested you can text him PedroMenego The SEC will copypaste the same bullshit like tether manipulating the market, btc network being hacked, etc.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Watch Live: Lt. Gov. Polito gives nor'easter update as Mass. digs outLt. Gov. Karyn Polito is giving a nor'easter update from MassEMA headquarters as the state digs out from Saturday's massive snowstorm. Watch live:
Source: WBUR - 🏆 274. / 63 Read more »

Iranian Genre Crossover Film ‘Without Her’ Acquired By Picture Tree Intl., Debuts Trailer (EXCLUSIVE)Picture Tree Intl. has acquired Iranian genre crossover feature “Without Her,” and will introduce the film to buyers during the upcoming European Film Market at its Marriot Hotel located office in …
Source: Variety - 🏆 108. / 63 Read more »

Wordle, A Fast-Growing Online Game, Is Acquired By New York Times CompanyThe New York Times Co., which continues to look for opportunities to bolster its offerings beyond the traditional news business, has acquired popular online game Wordle. The precise value of the de… Poor Wordle. We hardly knew ye. Did you just describe what Wordle is? When the Roboheadline Generator gets it right. Jesus. Describing what Wordle is. And like that.
Source: DEADLINE - 🏆 109. / 63 Read more »

Nick Cannon Is at It AgainNever let it be said that Nick Cannon didn’t do his part to preserve the human race This was 4 months ago!! Get his therapist on the phone.
Source: TheCut - 🏆 720. / 51 Read more »

Indian parliament's agenda includes crypto training session, leaves out bill banning digital assetsThe Cryptocurrency and Regulation of Official Digital Currency Bill does not appear as one of the 15 bills the government body will consider during its next session. mattysino
Source: CryptoPanicCom - 🏆 563. / 51 Read more »