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Crypto Biz: Is Zuckerberg’s $100B metaverse experiment doomed to fail?

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Meta’s Reality Labs division lost $3.672 billion in the third quarter. Some shareholders aren’t happy with the company’s oversized investment in metaverse technology.

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Coin Market

Bitcoin risks losing $70K as Strategy’s STRC slips below $100

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STRC’s dropped below its $100 par value, indicating that Strategy will likely pause Bitcoin buying this week, which could help the bears pull price down to $70,000.

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Bank of Korea governor backs CBDCs, deposit tokens in first address

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New Bank of Korea governor Shin Hyun-song supported CBDCs and deposit tokens in his first address, while stablecoins were notably absent from his remarks.

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Coin Market

Bank of Korea governor backs CBDCs, deposit tokens in first address

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New Bank of Korea governor Shin Hyun-song supported CBDCs and deposit tokens in his first address, while stablecoins were notably absent from his remarks.

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