Facebook cryptocurrency

They use Ethereum’s network to verify transactions and expand their operations. As a result, while the platforms themselves may have been built on MANA or SAND, everything behind the scenes is Ethereum . Ethereum is also the preferred currency on OpenSea, the world’s largest NFT platform.

Facebook parent Meta and its partners in the Diem Association pulled the plug on the yet-to-launch cryptocurrency project amid growing resistance from regulators. The Diem Payment Network’s intellectual property and other assets will be sold to Silvergate Capital Corp.2 Şub 2022