Category: Novi

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New name, old problems? Libra’s rebrand to Diem still faces challenges

The Diem Association’s rebrand from Libra was supposed to herald a new day for the project, but a touted 2021 launch may not go as planned. Facebook-backed Libra Association’s rebrand to Diem looked to quash negative perceptions of the project, but its new name has not changed the regulatory pressures the project still faces. It…
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Goldman Scandal, BTC Bull Trap Fears, How Libra Will Make Money: Hodler’s Digest, May 25–31

Goldman Sachs attacks crypto, why Bitcoin may be wandering into a bull trap, and how Libra is going to make money. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more —…
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Libra Will Allow Facebook to Spike Ad Prices, Zuckerberg Reportedly Says

Facebook’s ads business will get a bump due to Libra integration, Zuckerberg reportedly said at a shareholders meeting. The proposed Libra cryptocurrency will allow Facebook to increase ad prices, the social network’s CEO Mark Zuckerberg said at the annual shareholder meeting on Wednesday, according to Cnet.  At the event, Zuckerberg was reportedly asked how Facebook…
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