cover of episode Oct 29 & 30: Meta crisis, Britain's crypto-friendly PM, Elon Musk and his sink, Fyre Fest, Akon City

Oct 29 & 30: Meta crisis, Britain's crypto-friendly PM, Elon Musk and his sink, Fyre Fest, Akon City

2022/10/29
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Crypto Today

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It's the weekend edition of CoinMarketRecap! Connor Sephton and Molly Jane Zuckerman chew over some of the biggest crypto stories from the past seven days. This week… should Meta spend less on the metaverse after suffering eye-watering losses? Britain has a new crypto-friendly prime minister — but some Bitcoiners don't like him because he's also in favor of central bank digital currencies. We find out why Apple is against NFTs, why Elon Musk entered Twitter headquarters carrying a sink, and Molly Jane tells us about a 40,000-word article about crypto that's appeared in Bloomberg Businessweek. Plus — all the latest on Akon City… and plans to tokenize 60 luxury villas on the site of the doomed Fyre Festival. You can follow us on Twitter — @ConnorSephton, @MollyJZuckerman and @CoinMarketCap.