Payments giant PayPal is pausing work on launching its own stablecoin amid a regulatory crackdown on crypto, Bloomberg reported Friday. The company, which lets customers buy, sell and hold tokens like bitcoin and ether, had been aiming to launch the stablecoin in the coming weeks but is putting the project on hold to better understand how digital assets will be regulated going forward,...
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Instagram Launches Chatbots Modeled on MrBeast, Charli D’Amelio
It’s Kalley Huang, reporting from Menlo Park, Calif., where Meta Platforms’ developer conference is taking place in person for the first time since 2019. CEO Mark Zuckerberg, on a stage set up in the middle of Meta’s campus, unveiled a suite of generative artificial intelligence products, several directed at creators.The most interesting are 28 chatbots, many modeled on celebrities and...
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