FTX Assets Seized! (Crypto Delisted Across The World)

In your nightly crypto news wrap-up, we bring you the top crypto stories. Bahamian regulators seized FTX’s funds. We’re starting to see trickle down effects of the Genesis lending freeze; Ripple Net gets an upgrade; and when stablecoins are trending on Twitter, you know it’s been a rough week.

What We Discuss:
0:00 Intro
0:20 FTX Assets Seized
2:06 Market Watch
4:01 GBTC Discount
4:47 Ripple Automates Liquidity
5:38 Solana Stables Delisted

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Facebook’s Metaverse Could Be the Next Big Thing

During a recent company call, Facebook’s CEO Mark Zuckerberg mentioned that the company is experimenting with the Metaverse, a virtual world that combines social media, virtual reality and game development. The company plans to invest $10 billion in the technology.

In the past, Zuckerberg has said that the Metaverse is the next “big thing” in social media. He previously showed how the Metaverse could be used for collaborative remote work.

He isn’t the first big name to invest in the Metaverse. He’s teamed up with Microsoft to explore it. In addition, Atari has invested in the project.

Metaverses are 3D virtual spaces that can be accessed through a VR headset. They can be populated by avatars, which are digital representations of real people. These virtual people interact with other avatars, virtual worlds, and NFTs. These NFTs can be traded for real world value, used as collectibles or passes to events and closed clubs.

Metaverses can also function as data centers. These NFTs can be used to buy movie viewing rights, and they can also be used for psychological services. The Metaverse could provide a platform for businesses to expand into new markets.

The Metaverse is a huge economic force. It will disrupt the digital economy and offer businesses new ways to expand their markets. It will also allow customers to experience products and services without the restrictions of traditional commerce.

The Metaverse is still in its infancy, but it has already gotten a boost from the e-commerce pandemic. It has also gained cultural acceptance. This has helped to bring NFTs into the mainstream.

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