Bitcoin PLUMMETS After Jobs Report (Citigroup JUMPS into Crypto)

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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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.

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