Recovered notes from a lobbyist's phone outline a $5M payment structure tied to Argentine President Milei and other top officials' promotion of the Libra token
Christian Catalini, co-creator of Meta's Libra stablecoin project, reflects on Libra's failure, what Stripe's Tempo blockchain can learn from it, and more
including one of the card networks the whole thing is designed to replace—and “neutrality.” [image] Brij Singh / @brij : Facebook's Libra turned out to be a strangely “successful” project - if success...
The Argentine government dismantles a unit created three months ago to investigate the Libra cryptocurrency scandal involving President Milei and his sister
but it's not over yet Godfrey Benjamin / The Coin Republic : Argentine President Javier Milei Shuts Down Unit Investigating Crash Blockhead : Argentina's Milei Closes Executive Crypto Probe, But Judic...
Nansen: 86% of traders lost $251M in total on the Solana memecoin Libra that Argentine President Milei promoted, while the remaining traders profited $180M
- Citing onchain data, Nansen Research said that through Tuesday, 86% of traders lost a total of $251 million on the LIBRA token …
Source: in text messages, Libra co-creator Hayden Davis bragged he could “control” Argentine President Javier Milei by making payments to Milei's sister, Karina
A key player behind the Libra token bragged about buying access to Argentine President Javier Milei's inner circle months …
Tim Sweeney says Big Tech leaders, who used to pretend to be Democrats, are now pretending to be Republicans to skirt antitrust laws and “crush competitors”
The Trump administration is expected to be softer on antitrust cases, which as we know are one of Sweeney's major pursuits. Bluesky: @baroness . X: @timsweeneyepic , @matthewstoller , and @dhh Forums:...
Ex-Meta crypto chief David Marcus says there was no legal or regulatory angle for the government to kill its Libra project and “it was 100% a political kill”
For reasons you can guess at, debanking has been the topic du jour in my Twitter feed. Tyler Durden / ZeroHedge News : FinTech CEOs Expose How Feds Colluded In ‘Debanking’ Schemes After Andreessen ‘Op...
Ex-Meta crypto chief David Marcus says there was no legal or regulatory angle for the government to kill its Libra project and “it was 100% a political kill”
How Libra Was Killed. I never shared this publicly before, but since @pmarca opened the floodgates on @joerogan's pod, it feels appropriate to shed more light on this. As a reminder, Libra (then Diem)...
Interviews with 30 people detail the rise and fall of Meta's Libra project, later renamed Diem, as lofty goals were undermined by Facebook's reputation
On June 24 2021, Jay Powell and Janet Yellen sat down for their weekly breakfast amid the austere surroundings of the US Treasury building on 1,500 Pennsylvania Avenue. Tweets: @mshannahmurphy , @alex...
David Marcus, the co-creator of Diem and head of Novi, will leave Meta at the end of the 2021; current Novi VP of Product Stephane Kasriel will lead Novi
and I remain as passionate as ever about the need for change in our payments and financial systems — my entrepreneurial DNA has been nudging me for too many mornings in a row to continue ignoring it. ...