joe tidy, bbc news. that's all from me for now, thank you for your company. to stay with us here on bbc news. welcome to our special coverage of the armistice day silence. in a few moments, we willjoin as the nation falls silent for two minutes, on the 11th hour of the 11th day, marking the end of world war i in 1918. this year's commemorations to remember the war dead will include the recently restored big ben striking 11 times. events are taking place across the uk and in cities including london, belfast and cardiff. we hold before you those whose memory we cherish and those whose names we will never know. help us to lift our eyes above the torment of this broken world and grant us the grace to pray for those who wish us harm. as we honour the past may we put our faith in your future. as we honour the past may we put our faith in yourfuture. you as we honour the past may we put our faith in your future. you are the source of life and hope for now and forever, amen. they shall grow not old is we who are left _ they shall grow not old is we who are left grow

joe tidy, bbc news.evidence in the coming hours that the economy is already in recession. official figures are expected to show the uk economy declined in the three months to september by around 0.5%. that downward trend is thought to have continued into the autumn, two quarters of negative growth in a row is what we usually call a recession. let's speak to kallum pickering, senior economist at berenberg private bank. thanks for being with us. what are you expecting to hear when the data is released in a few hours' time? 0ur our economy contracted in q3, our economy contracted in 03, the headline bracket will be around 0.4% so that not huge but it seems to be the first of what is likely to be a probably good year of data coming in showing the economy is contracting. the uk than recession, comfortably at this stage. recession, comfortably at this staue. . ~ recession, comfortably at this staue. ., ., , recession, comfortably at this state. . . , ., stage. unpack that a bit more for us. stage. unpack that

that was joe tidy and now it's time for a look at this week's tech news.e one he has suggested it will cost verified accounts $8 a month to keep their blue tick. what will he think of next? no idea. forthe what will he think of next? no idea. for the latest on this moving story check out the bbc news website. some of the world's biggest venues are using weapons scanners that can't detect some knives. the company making them says they can spot all weapons, but the bbc has seen documents showing that they may fail to spot some blades and parts of bombs. debbie evolves as it told venues of, "all capabilities and limitations close by. there needs to be — and limitations close by. there needs to be more _ and limitations close by. there needs to be more public - needs to be more public information and evaluation of the systems before they are rolled out.— rolled out. reduction of the iphone 14 — rolled out. reduction of the iphone 14 may _ rolled out. reduction of the iphone14 may be _ rolled out. reduction of the iphone 14 may be impacted| rolled out. reductio

joe tidy, bbc news. that's all from

joe tidy has been trying to find out.lags are expanding fast into these crypto metaverses. you can buy land as non—fungible tokens, or nfts. when you buy it, if you own the nft of the land, the plot is yours. and there's been an explosion in interest. according to metaverse platform analysts at dappradar, on metaverse land. but it's notjust big corporations. i bought my first metaverse parcel in july 2020. was about 1,500 that i've paid. i'd bought it, really, for exhibiting my own work, but also for running events — metaverse events that would promote my art, but also other people's art. angie taylor is an artist who has been creating, buying, and selling visual art for years. she owns plots in a platform called voxels, previously known as cryptovoxels. this is my gallery. it's called the london gallery, and i built it myself. as well as expressing herself through her gallery, angie also makes clothing for avatars. when i first entered cryptovoxels, i thought, "i need an outfit," so i started making my own outfit and i d

well, joe tidy has been trying to find out. there's a land grab taking place online.ng to plant theirflags in virtual worlds. big brands with prime real estate in the real world are expanding fast into these crypto metaverses. but the true land grab is taking place in virtual worlds powered by bitcoin—style cryptocurrency technology. in these virtual worlds, everything's for sale. you can buy land as non—fungible tokens or nfts. this is like virtual real estate. in the same way that you own the deeds to a house when you buy it, if you own the nft of the land, the plot is yours. and there's been an explosion in interest. according to metaverse platform analysts at dappradar, nearly $2 billion has been spent in the past year on metaverse land. but it's notjust big corporations. i bought my first metaverse parcel in july 2020. it was about 1,500 that i paid. i bought it really for exhibiting my own work, but also for running events, metaverse events, that would promote my art, but also other people's art. angie taylor is an artist who's been creating, selling and buying

under despite attempts by another huge exchange, binance, to rescue it. 0ur crypto correspondent joe tidyest crypto exchange in the world. crypto exchanges being the world. crypto exchanges being the main way people get into and out of cryptocurrency, so you go onto an exchange in order to change your dollars, pounds or euros or whatever into bitcoin or any other thousand crypto coins out there. ftx was a beacon of hope in the crypto winter, as they were calling it. crypto currencies have been a terrible investment this year, lots of companies and exchanges have gone belly up, but ftx remained strong and look to be thriving. that was until rumours were circulating their finances were on shaky ground. that caused this incredible, effectively like a run on a bank that you get in a traditional bank and within 24 hours $1 billion were taken out of ftx and they were in an insolvency crunch. and after an attempted bailout, they have filed for bankruptcy. it is a serious rise and fall of not only ftx but also its ceo sam bankman—fried, who was once named the crypto king next to warren buffett. n

for more on this, i'm joined now by our cyber security correspondent, joe tidy.the big coin is a big long, of others. one of the basic principles of these exchanges is they need to have enough money in there so if you pull out your money they can give you the money that you are owed. lots of companies it turns out have not got the money in reserves. so when lessons were raised earlier next week about ftx, the second largest exchange people started panicking. the interesting thing about ftx is, it's run by a man who has been seen in the last six months during the crypto winter is a bit of a hero and a crypto currency world because he's been bailing out struggling companies, buying others and weathering the storm and driving. turns out that some reporting proves it they didn't have the reserves they said they did. when the bank run started on ftx very quickly this company is gone under and now it's having to be bought by its rival which also announce he was selling all its assets linked to ftx as well. it's an absolute bloodbath. as is the case with all crypto curr

let's get more on this now with our cyber reporter, joe tidy. lovely to have you in the studio.thly users, compared with many more on facebook. twitter is not even in the top ten social networks in the world. iterate not even in the top ten social networks in the world. we seem to talk about it _ networks in the world. we seem to talk about it disproportionately, i talk about it disproportionately, though. it talk about it disproportionately, thou . h. . , talk about it disproportionately, thouuh. .,, . talk about it disproportionately, thouuh. ., , ., . ., though. it has a huge cultural footrint though. it has a huge cultural footprint because _ though. it has a huge cultural footprint because of- though. it has a huge cultural footprint because of the - though. it has a huge cultural i footprint because of the people though. it has a huge cultural - footprint because of the people on it, celebrities, politicians, journalists, and the drama right now is, it is the end, is twitter going to fall over? the reason people say thatis to fall over? the reason people say that is becaus