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Facebook Shuts Down Cryptocurrency Venture ‘Diem Association’

Deepika Rokade5 years ago5 years ago02 mins

Two years back Facebook had announced a cryptocurrency division formerly known as Libra is coming to a sabbatical. Now the company is known as Diem Association is comping to a halt, winding down and selling its technology to a California based company called Silvergate Capital Corp for about 200 million dollars.   Meta had first…

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Jack Dorsey’s Financial Firm Change Name to ‘Block’ From ‘Square’

Deepika Rokade5 years ago5 years ago02 mins

Twitter’s Ex CEO Jack Dorsey has changed its financial firms’ name to Block, which was originally named Square. This will be effective from December 10th, 2021. The firm is now planning to focus on Blockchain and cryptocurrencies. The announcement came after he stepped down from Twitter Ceo, he is said to be a staunch supporter…

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