Facebook's Failed 'Diem' Stablecoin Now Officially Over

Facebook had dreams of launching its own cryptocurrency called Diem (formerly Libra) but the company has called it quits (link to original PR piece here, commentary from The Verge below).

The sale of Diem’s assets marks the end of an effort that, in retrospect, was doomed from the start. Facebook, which now goes by Meta, created the apps that would have been the main way people used the token. So even though Facebook formed the Libra Association to govern the token with other companies, people were immediately fearful that Libra would make the controversial tech giant even more powerful. Plus, members of the Libra Association started to drop out, just months after the group had been announced.

Facebook Rolls Out End-to-End Encrypted Chats for Everyone

End-to-end encrypted chats are now available for all users of Facebook Messenger, the company announced. This includes group chats and calls.

Last year, we announced that we began testing end-to-end encryption for group chats, including voice and video calls. We’re excited to announce that this feature is available to everyone. Now you can choose to connect with your friends and family in a private and secure way.

These secure chats remain opt-in only, instead of encrypted by default like actual private messaging apps.