With the help of Derek Robertson

Just as this newsletter went into production, News broke that Binance, the world’s largest cryptocurrency exchange, has seen nearly $2 billion in withdrawals in the last 24 hours and has temporarily paused withdrawals of the USDC stablecoin. That news comes as the industry at large faces increasing scrutiny over its ability to meet customer withdrawals, as many users of the FTX exchange are still without their funds after its collapse.

While Meta burns the money metaverse construction and cryptographic values ​​fail, the promise of a vast virtual world online can feel like vaporware.

That is, unless you want to book a therapy session in cyberspace.

During the pandemic, telemental health took…