About $3 million worth of AXS tokens were moved from Sky Mavis CEO Trung Nguyen’s wallet on Axie’s Ronin blockchain to crypto exchange Binance hours before the announcement of an exploit. Source
Day: July 28, 2022
Bitcoin Pushes Higher Despite Negative GDP Report
Bitcoin continued to move higher on Thursday, pushing past $23,000, despite a GDP report that showed second-quarter decline rather than growth. The negative 0.9% reading follows last quarter’s 1.6% decline and missed projections for a 0.5% increase in growth. Still, asset classes across the board responded favorably, with prices in both traditional finance and cryptocurrencies moving higher as investors saw evidence the economy is slowing at a slower, more desirable rate instead of plunging into recession. Source
Top Analyst Predicts 60x Profits For Polygon, Cosmos, And Avalanche
The crypto market is trending to the upside and recovering some of its last week’s gains with Polygon (MATIC), and other altcoins following the general trend. Digital assets seem to be positively reacting to the earnings reports from legacy companies. Related Reading | Why The IMF Thinks The Crypto Market Could See “Further Selloffs” At the time of writing, Amazon (AMZN) beat earnings expectations generating over $130 billion in net sales. Apple (AAPL) also beat expectations with $83 billion reported in earnings. Amazon +10% 👀 pic.twitter.com/T4twX73AKG — TradingView (@tradingview) July 28,…
Apple Seeking Web3-Savvy Content Marketing Directors
One of the listings is for an associate creative director candidate with “demonstrated interest in interactive platforms and Web 3.0.” The other, for a job as an art director, called for “passion for experimentation and innovation, demonstrated interest in Web 3.0,” although Apple has since removed the listing from its website. A reposted version, however, is still floating around the internet. Source
Apple Is Stifling the Metaverse, Tech Expert Says
Matthew Ball, managing partner of Epyllion Co. and author of “The Metaverse and How It Will Revolutionize Everything,” discusses on CoinDesk TV what role the tech giant is playing in the field. Source
Final candidates for next UK prime minister have made pro-crypto statements
Rishi Sunak, the former chancellor of the Exchequer, and Liz Truss, Secretary of State for Foreign, Commonwealth and Development Affairs, two of the final candidates to become the next prime minister for the United Kingdom, have both previously expressed pro-crypto views. With Prime Minister Boris Johnson soon to be out of office, Sunak and Truss are competing to be the next leader of the Conservative Party and the country, with their views on digital assets likely to influence financial policy. Under Johnson, Sunak requested that the country’s Royal Mint create…
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Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’
CryptoX – Cryptocurrency Analysis and News Portal Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’ Source The post Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’ appeared first on CryptoX. CryptoX Portal
Is Solana Leading Crypto Into Retail or Trailing Apple?
Last month, there was news of a “Solana Phone.” Anatoly Yakovenko, co-founder of Solana and a former Qualcomm engineer, said the network’s smartphone (officially called Solana Saga) was a way to bring crypto into the world of mobile computing. And maybe, just as the iPhone rapidly expanded internet use, a SOL Phone could bring people into crypto. Source
Senador republicano de EE. UU. busca apoyo bipartidista para la regulación de stablecoins
El senador Pat Toomey, republicano de mayor rango dentro del Comité Bancario del Senado de EE. UU., mantiene conversaciones con demócratas para que su proyecto de ley de supervisión sobre las stablecoins se convierta en un esfuerzo bipartidista. El presidente demócrata del comité, Sherrod Brown, confirmó el jueves que ha formado parte de las discusiones. Source