diem

Facebook Cryptocurrency project comes to an end

Meta’s cryptocurrency Diem has been sold to Silvergate Capital Corporation for approximately $255 million AUD as Zuckerberg’s digital currency was met with resistance from US federal and international regulators. Diem (previously known as Libra) was a cryptocurrency created under The Diem Association in 2019 which was separate to Facebook but received funding from Meta. According…

Investigation set for Queensland Crime and Corruption Commission

Earlier this week it was announced by Queensland Premier Annastacia Palaszczuk that there would be an inquiry into the Queensland Crime and Corruption Commission (CCC). The recommendation came from the Parliamentary Crime and Corruption Committee (PCCC) after fraud charges on several Logan City councilors in 2019 failed in prosecution. Amid the controversy CCC chair Alan…