Meta has officially given up on its stablecoin project Diem after more than two years of efforts to launch the digital currency.
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Meta has officially given up on its stablecoin project Diem after more than two years of efforts to launch the digital currency.
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Meta published the application for registration on Jan. 25 and is currently awaiting opposition prior to INPI approval.
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“Facebook seems to be the antithesis of what actual consumers want their digital futures to look like,” said Subversive Capital Advisor founder Michael Auerbach.
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It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets.
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The social media giant said that the “AI Research SuperCluster” supercomputer is already operational, and it expects it will be fully completed around the middle of the year.
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Meta reportedly plans an integration to allow social media users to display their NFTs on Facebook and Instagram.
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NEAR price enters price discovery following the successful completion of a $150 million funding round and exponential ecosystem growth.
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Experts share how Bored Ape Yacht Club’s success has changed the NFT landscape for good.
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