Mark Zuckerberg searches for friends in the Metaverse. (Paul Murray/Intelligencer)

Was the Metaverse a Bubble?

Our eye on the markets and the continued question of categorizing crypto. Then we ask whether the Metaverse was a flash in the pan and look at the PS VR 2 launch numbers. Finally, calls to pause AI development and news in brief from Yuga Labs, MetaMask, Ledger, 8th Wall, and more.

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Tom Brady, Gisele B√ľndchen and Steph Curry sued following the FTX collapse. (Getty)

Fallout From FTX Collapse and Nike Launches Home for Virtual Creations

This week crypto markets continue to reckon with the fallout of the FTX collapse and the Fed steps in while also exploring a digital dollar. Nike launches a home for virtual creations and continues exploring blockchain and Sony may be as well. Also, a number of fashion companies are teaming up on virtual try-on, and Nreal Air offers support for major gaming consoles.

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