John Carmack, the renowned co-founder of Id Software, made a triumphant return to the QuakeCon event after a decade-long absence. During the event, he expressed his joy at being welcomed back, stating, “I’m so happy that everything is cool now and I am welcome.” Carmack, known for his programming prowess in creating iconic games such as Doom, Wolfenstein, and Quake, had been entangled in various legal disputes with his former employer since his departure in 2013.
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blockchain cryptocurrencies Ethereum money laundering PayPal Regulation stablecoin USD PayPal Launches Stablecoin Pegged to US Dollar
PayPal has introduced its own stablecoin that is pegged to the US dollar, nearly three years after adding support for cryptocurrencies to its platform. Called PayPal USD, the stablecoin is fully backed by US dollar deposits, short-term US Treasuries, and similar cash equivalents. Last year, PayPal confirmed its plans to explore a stablecoin after code and images for a ‘PayPal Coin’ were discovered in its app. The company stated that it would collaborate with regulators when considering further action.
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