2- On Sunday 13 November When Axie Infinity $AXS made a new price of 4$ and now 5 December the price pumped more than 2x, $AXS pumped today more than 25% Open price is $6.68 and is high at $8.8 at the time writing. #AxieInfinity
3- @AxieInfinity is a blockchain-based trading and battling game that is partially owned and operated by its players. We update our $AXS to USD price in real time. Axie Infinity is up 25% in the last couple of hours. The current @Coinmarketcap ranking is #51.
4- Why Today’s #AxieInfinity Price Surged more than 25% ?
$AXS
6- The @AxieInfinity team announced that it has chosen 700 community members to join the inaugural pilot “season” of the Axie Contributors, who would partake in a newly created “Governance” section on the game’s Discord channel.
$AXS
7- The team stated its plans to actively work toward an end-state in which “invested” community members would be responsible for making resourcing decisions. In May, the #AxieInfinity “Town Builders” collective of well-established community members was established.
$AXS
9- The #AxieInfinity team has announced plans to decentralize decision-making in the Axie ecosystem, with community members responsible for making resourcing decisions.
$AXS
10- Earlier this year, the team stated its plans to actively work toward an end-state in which “invested” community members would be responsible for their own development and maintenance.
$AXS axie.substack.com/p/community
2- After $UST incident, everyone is talking about “Crypto Winter” because of the liquidity crunch that’s why Exchange reduced its workforce today’s #Bybit announced layoffs workforce to survive the bear market. #Bybit previously cut its workforce by an unspecified number in June
3- @benbybit, the CEO, and co-founder of the Singapore-based crypto exchange, previously worked for XM, one of the world’s largest forex and CFD trading brokerage firms. made the announcement on Twitter at 12:32 a.m. ET.
1- #FederalReserve hikes 75bps interest rate? Stocks Analysis After US jobs report.
🧵👇 #FOMC $SPX $BTC
2- Stocks went up sharply on Wednesday after Fed chair Jay Powell gave a strong hint that the central bank would slow its interest rate hikes later this month. That’s why on Wednesday, S&P 500 surged 3.2% in one day, while bitcoin strongly holds the $17,000 range.
$SPX
3- And here on Thursday, December 2, US jobs numbers were hotter than expected, which added to the pressure on the Fed to maintain its tough stance on inflation. After the report, $SPX slipped 1.2% because of fear of tightening. @financialjuice
2- The world’s third-largest cryptocurrency exchange laid off more than 1,100 employees and declared a crypto winter. The company said in a blog post that the weakening in crypto markets was caused by slowing macroeconomic and geopolitical factors. #FOMC blog.kraken.com/post/16442/bus…
3- Kraken, which is the world’s third-largest cryptocurrency exchange by volume, is letting go of about 30% of its staff, according to the company’s CEO. @krakenfx
2- Andre #Cronje a software architect with 20 years plus of development experience, says that the #Fantom blockchain project he advises has a positive cash flow and brings in more than $10 million a year.
$FTM
3- Why is #Fantom Token Price Rising
Just a recap about $FTM is a layer 1 decentralized, permissionless, open-source smart contract platform for #dApps & digital assets like #Ethereum. The network competes with Solana, Avalanche, and Polygon to take over the market share of $ETH.
🚨🚨Nexo High-Yielding Crypto: The Next Luna After the #FTX Collapse?
#Nexo has come under the microscope for its high-yield-bearing crypto products.
$nexo #BlockFi
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1- The concerns come a month after the co-founders assured that the platform is solvent.
We all Know about #Luna $UST 20% APY is also not sustainable, Nexo’s double-digital yields can’t be sustainable.
$nexo
2- Crypto lender $Nexo is being sued in the London High Court by a group of investors. The investors allege that the firm blocked them from withdrawing over $126 million worth of crypto. coindesk.com/business/2022/…