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
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
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
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
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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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
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
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
Three United States senators have written to Fidelity Investments CEO Abigail Johnson demanding an explanation for the financial services company’s decision to include Bitcoin-exposed funds in its 401(k) retirement plans. “This decision is immensely troubling,” they wrote. Democrats Dick Durbin, Elizabeth Warren and Tina Smith sent their letter Tuesday. The letter, which is around a page and a half long, discussed Americans’ retirement savings habits in general terms with minimal statistics but numerous rhetorical flourishes and strings of adjectives. The money American consumers may invest in retirement funds is “hard…