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Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin


Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The payment totaled $182 million. The technology and assets acquired will reportedly be used for the launch...

I Traveled To Facebook's Soulless (But Popular) Metaverse So You Don't Have To


The metaverse is supposed to be the future, so it’s got the world buzzing with excitement. Hilariously, though, the prominence of the “futuristic” buzzword has caused old footage of digital worlds to explode on social media, largely driven by the fact that nobody really understands what the hell...

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