The Diem Association, a crypto initiative backed by Facebook-parent Meta Platforms, is selling its technology to crypto-focussed bank Silvergate Capital for $200 million, The Wall Street Journal reported. The sale comes as regulatory pressure endangered its stablecoin ambitions, according to Bloomberg . The move signals the total collapse of the Diem project, which has long faced delays and...
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The Weekend Crypto AR/VR
“I Felt Like I’ve Been Taking Crazy Pills”: After a Meltdown, Crypto Pros Assess the Damage
Hi, welcome to your Weekend! Feeling numb to the latest Elon Musk scandal, I went looking for another celebrity feud to obsess over for awhile. There was no way I was wading into the toxic cesspool that is Amber vs. Johnny. And I could care less about Ted Cruz’s opinion of Pete Davidson.But the Wagatha Christie trial? Oh, my friends, this is the stuff. The case introduces us to two warring...
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