Nov 10: Binance abandons FTX deal, Bitcoin plummets, Meta job cuts, Twitter verification fail — weekly news roundup

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… FTX is plunged into crisis after a significant liquidity crunch — and Binance backs out of a deal to save it. Bitcoin plummets to a fresh two-year low as crypto markets reel. Plus — Meta cuts 11,000 jobs… and why Twitter's plans to roll out verification to everyone have gone very badly. The podcast is off next week and we'll be ...