FTX bankruptcy and stolen crypto assets!

The crypto exchange FTX has filed for bankruptcy in the US. Company founder Sam Bankman-Fried has resigned as CEO. In order to save the company, a rescue by Binance was briefly on the cards, but was withdrawn a short time later. 

The drama began with doubts about the capital reserves, which led to massive withdrawals of funds and a flight of customers. Now, however, it was added that crypto values to the extent of USD 473 million were probably stolen from FTX on Friday evening. The procedure here is similar to the one used by hackers for crypto assets.

Apple going VR 2023

According to information from Mark Gurman, a well-known Apple journalist, there are many indications that Apple could launch its own extended reality headset in 2023. There is talk of a Metaverse-like environment that will be integrated into the upcoming VR headset. 

Apple is supposed to be a high-end device with a price of 2000-3000 USD. However, we will probably only find out if there is any truth in these speculations in the course of the next year.

Rolex into the Metaverse

Similar to Visa’s patents, there is now information from a law firm about trademark applications from Rolex regarding the topic of crypto. It hints at the luxury watchmaker’s plans to launch NFTs, NFT-backed media, NFT marketplaces, crypto keys and transactions, and virtual goods auctions, as well as virtual and cryptocurrency exchanges and transfers.

Metas job cuts with concrete figures

After the rumors about layoffs at Meta, there are now concrete figures. According to the announcement, 11,000 employees, or around 13 percent of the group’s workforce, will be laid off. The reasons given are too high investments, a weakening economy and increased competition. 

The job cuts will hit both the lucrative app business and Reality Labs, Zuckerberg pointed out. Figures for different areas were not available.

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