In your nightly crypto news wrap-up, we bring you the top crypto stories. GDP numbers are in and the recession has begun. Michael Burry says that the SEC is too dumb to probe Coinbase and Alt coins are possibly prepping for a huge pump.

What We Discuss:
0:00 Intro
0:16 Michael Burry Speaks Up
1:00 GDP Crashes
1:55 Market Watch
3:35 Altcoin Pump Soon?

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Facebook CEO Mark Zuckerberg and the Metaverse

A metaverse is a virtual world in which players can interact with other users and conduct transactions in the form of virtual currencies. This kind of virtual world is much different from a typical VR experience, where a player is completely alone in his or her virtual world. Besides interacting with other gamers, a player can invite real-life friends to play with them in the metaverse. This allows players to interact with other people, form relationships, and engage in lucrative activities. The metaverse will also have a marketplace for users to sell their game assets to other users in exchange for cryptocurrency. The architecture of the metaverse is still unclear, but it is expected to include a shared virtual world that users can access through the internet. Metaverse users will be able to create personal avatars for each character.

The Facebook CEO Mark Zuckerberg recently discussed the potential of the metaverse, saying that the virtual world will unlock a “massively expanded” creative economy. Zuckerberg also emphasized the role of Meta in developing the fundamental technologies of the metaverse. The company plans to use these technologies to build social platforms and creative tools, and will weave these technologies through its social media apps. There is currently no formal description of what exactly the metaverse is, but the concept has been circulating since 2006.

The metaverse has many applications. For instance, a decentralized version of Minecraft called “The Sandbox” allows users to create virtual worlds, which is an exciting development. Adidas recently acquired land in The Sandbox to develop an Adi-verse metaverse, and has also partnered with Coinbase. In addition to building a virtual world, users can create games in a blockchain-based metaverse using the BLOK cryptocurrency. The game’s website offers daily updates on the project and provides instructions on how to build demo versions of the game.

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