List of All Articles with Tag 'pp'

Keith Rhoden, 24, was nabbed by cops, who chased him on foot, about 30 minutes later

Preseason Top 25 college football rankings for the 2023 season. Florida State is coming for Georgia, Texas is back, Alabama and Ohio State have much to prove.Week 0 is so close you can taste it and college football fans are already salivating.Kirby Smart and the Georgia Bulldogs are going fo...

SINGAPORE (Reuters) -Singapore Prime Minister Lee Hsien Loong on Tuesday sought to reassure the public after a spate of political

Throngs of fans have gathered in singer Sinead O’Connor’s former hometown in Ireland to say goodbye following her funeral

The estranged son of Thailand’s King Maha Vajiralongkorn visited a daycare center for underprivileged children in Bangkok following a surprise return to the country after 27 years of living abroad

Italy's hopes of reaching the Rugby World Cup quarter-finals for the first time suffered a significant blow on Tuesday as highly-rated back Tommaso Menoncello was ruled out due...

Tesla Inc. has a long history of promoting talent from within. Outside hires don’t last for very long

By Angelo Amante, Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy dealt a surprise blow to its banks and sent

PayPal has launched a new cryptocurrency that is tied to and backed by the US dollar. PayPal USD, issued by Paxos Trust Company, is a type of digital currency called a stablecoin, which differs to other cryptocurrencies like bitcoin as their values are tied to traditional fiat currencies like dollars, pounds or euros. “The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the US dollar,” said PayPal chief executive Dan Schulman. “Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through PayPal USD.” The new crypto token will roll out first to US PayPal customers, offering the ability to send and transfer PayPal USD to other people, as well as fund purchases when checking out at online stores. The new cryptocurrency comes at a time of increased scrutiny at the crypto industry, with regulators looking to avoid a repeat of the TerraUSD stablecoin collapse that wiped tens of billions of dollars from markets in 2022. The TerraUSD token was also pegged to the US dollar, however unlike PayPal USD it was not backed up by any dollar reserves. Instead, it used a partner cryptocurrency to maintain its value algorithmically, which ultimately caused both cryptocurrencies to crash in tandem. Other companies have also attempted to launch stablecoins, including Facebook’s Libra project, which was shut down last year after facing push back from regulators. The US House Financial Services Committee has since advanced a bill aiming to set up a federal framework for stablecoins in order to integrate them into modern payment systems. “We are currently at a crossroads to keep America at the forefront of digital asset innovation,” US Representative Patrick McHenry, who chairs the committee, said in a statement following PayPal’s announcement. “Congress is making significant, bipartisan progress on legislation to ensure the US leads the financial system of the future.” Read More What is Elon Musk’s ‘everything app’ X? Kenya suspends eyeball-scanning crypto worldcoin

Tottenham announce Micky van de Ven transfer.

Months after access to a popular children’s book about a male penguin couple hatching a chick was restricted at school libraries because of Florida’s so-called Don’t Say Gay law, a central Florida school district says it has reversed that decision

Inez Ruppercht was a former Lufthansa flight attendant, artist, and one-time gallery owner