In your nightly crypto news wrap-up, we bring you the top crypto stories. Changpeng Zhao explains Binance’s half billion-dollar hack, Bitcoin falls after the release of the job report, and is Citigroup getting into crypto? Stick around to the end to find out!
What We Discuss:
0:00 Intro
0:27 CZ News Clip
0:45 Binance Exploit
2:45 Market Watch
4:13 Jobs Report TANKS Bitcoin
5:08 Citigroup Joins the Party
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Sources:
https://www.youtube.com/watch?v=w3Q-_nQGo58
https://twitter.com/cz_binance/status/1578171072067031042?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1578171072067031042%7Ctwgr%5Eb2584247c8e7076785a407053c472b8acc9c09b7%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fbnb-chain-resumes-operations-after-100-million-hack-heres-what-happened%2F
https://twitter.com/BNBCHAIN/status/1578148078636650496
https://cryptobriefing.com/bnb-chain-566m-hack-binance-networks-major-bridge-attack-unpacked/
https://cryptobriefing.com/bnb-chain-566m-hack-binance-networks-major-bridge-attack-unpacked/
https://twitter.com/SlowMist_Team/status/1578159110708940801?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1578159110708940801%7Ctwgr%5Eb2584247c8e7076785a407053c472b8acc9c09b7%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fbnb-chain-resumes-operations-after-100-million-hack-heres-what-happened%2F
https://etherscan.io/address/0x489a8756c18c0b8b24ec2a2b9ff3d4d447f79bec
https://www.theblock.co/post/175503/bnb-chain-governance-to-decide-what-will-happen-to-hacked-funds?utm_source=cryptopanic&utm_medium=rss
https://twitter.com/BNBCHAIN/status/1578277281000136704
https://www.bls.gov/news.release/empsit.nr0.htm
https://www.theblock.co/post/175450/bitcoin-drops-below-20000-following-u-s-jobs-data-dxy-dollar-index-soars?utm_source=cryptopanic&utm_medium=rss
https://www.bls.gov/schedule/news_release/cpi.htm
https://www.coindesk.com/business/2022/10/06/citi-ventures-backs-its-first-digital-asset-manager-co-leading-a-6m-round-in-xalts/
#bitcoin #ethereum #crypto #news #nft #economy #money #blockchain #invest #inflation
Animoca Brands Invests in Facebook’s Metaverse
Metaverse is a virtual world built on the Ethereum blockchain. It offers a range of benefits, including high security and decentralization. Animoca Brands, which owns The Sandbox and CryptoKitties, is a major investor in Metaverse. The company also has stakes in NBA Top Shot creator Dapper Labs and other companies.
In its announcement, Facebook CEO Mark Zuckerberg described the metaverse as the “next chapter of the internet.” The idea is a fascinating one – it promises new vistas of possibilities and a space to do what you want. People can work and play together, shop and learn about new ideas. This virtual world can be as big or as small as you’d like it to be.
The Metaverse is an alternate universe where you can connect with people from any location, attend events, create art, and amass wealth. But how do you get access to the metaverse? The answer lies in cryptocurrency. The cryptocurrency itself is a platform that gives people access to a virtual world without requiring a physical location.
Tokens within the metaverse can be traded for real-world assets in a virtual world. Users can also stake their tokens in the network. These tokens are exchangeable for virtual assets, such as advertising space. In addition, these tokens grant users a fixed interest based on the amount of tokens they stake.
