Meta Loses a Quarter-Trillion Dollars in Market Cap, Dragging Crypto Metaverse Tokens With It

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <em><span style= "font-weight: 400;">Nexo</span></em></a><em><span style= "font-weight: 400;">,</span></em> <a href= "https://www.getarculus.com/"><em><span style= "font-weight: 400;">Arculus</span></em></a> <em><span style= "font-weight: 400;">and</span></em> <a href= "https://ftxusapp.onelink.me/LKX9/breakdown"><em><span style= "font-weight: 400;">FTX US</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p> </p> <p><span style="font-weight: 400;">On this edition of the “Weekly Recap,” NLW looks at Meta’s big flop in the equities markets and how it's spilling over into crypto metaverse tokens. He also looks at the Boston Fed’s CBDC research and recaps the Wormhole exploit. </span></p> <p> </p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <strong><em>Nexo</em></strong></a> <em><span style= "font-weight: 400;">is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 18% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at</span></em> <a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <em><span style= "font-weight: 400;">nexo.io</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://www.getarculus.com/"><strong><em>Arculus</em></strong></a><em><span style="font-weight: 400;">™ is the next-gen cold storage wallet for your crypto. The sleek, metal Arculus Key™ Card authenticates with the Arculus Wallet™ App, providing a simpler, safer, and more secure solution to store, send, receive, buy, an