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Axie Infinity CEO Denied Allegations Of Insider Trading

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Axie Infinity CEO denied the allegations of insider trading and blamed some media outlets for focusing on the speculation while totally ignoring the achievements that were made by his company after the Ronin hack so let's have a closer look at today's latest cryptocurrency news.

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Bitcoin AXS
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Axie Infinity CEO Transferred $3M Tokens Before Ronin Hack - DCForecasts

The Axie Infinity CEO transferred $3 million worth of tokens before the Ronin hack and Sky Mavis claimed that they did so to brign more flexibility as a response to the sidechain attack so let's read more today in our latest cryptocurrency news.


Axie Infinity Developer Denies Wrongdoing Following Ronin Hack-Related Crypto Transfer Discovery - Cryptonews

In the aftermath of the March hack of the Ronin blockchain, Vietnamese game developer Sky Mavis, the entity behind the blockchain-based game Axie Infinity (AXS), is rejecting accusations of wrongdoing as some USD 3m worth of its native AXS token had reportedly been moved from Ronin to a Binance account in the hours preceding the attack's discovery.


Axie Infinity CEO moved funds to Binance before disclosing Ronin bridge hack - CryptoSlate

Axie Infinity CEO and co-founder Trung Nguyen moved $3 million worth of AXS tokens to Binance before disclosing the Ronin bridge exploit, Bloomberg News reported on July 28. The post Axie Infinity CEO moved funds to Binance before disclosing Ronin bridge hack appeared first on CryptoSlate.


Axie Infinity CEO Transferred AXS Worth $3M to Binance Before the Team Revealed Hack – Report - EWN

A digital wallet belonging to Axie Infinity CEO allegedly moved $3 million worth of AXS to Binance before the announcement of the $600 million exploit on the Ronin Bridge. Crypto Youtuber, Asobs, was the first to spot the significant AXS transaction from the wallet.


Axie Infinity (AXS) Fails to Bounce Despite 91% Drop Since All-Time High - BeInCrypto

Axie Infinity (AXS) is trading inside a bearish pattern and has been rejected by a horizontal resistance area, indicating that it could still be in a bearish trend. The post Axie Infinity (AXS) Fails to Bounce Despite 91% Drop Since All-Time High appeared first on BeInCrypto.


Axie Infinity players are turning their backs on the platform - CryptoSlate

A recent article by Time followed the story of Samerson Orias, who, like many Filipinos during covid, had turned to Axie Infinity to supplement their income. The post Axie Infinity players are turning their backs on the platform appeared first on CryptoSlate.


AXS Price Analysis: Reversal Within Range May Tank Prices by 20% - Coingape

The Axie infinity (AXS) price triggers a bear cycle within the range-bound rally. Under the pattern influence, this reversal may offset the recent recovery and plunge the altcoin by 20%.


AXS Price Analysis: Can $18 Breakout End The Ongoing Consolidation? - Coingape

The Axie infinity (AXS) price has resonated between the $18 and $12 mark over the past six weeks, indicating a short consolidation phase. The altcoin has tested both the extreme barriers and accentuated them as important chart levels.


Why Axie Infinity [AXS] could see a near-term setback before bouncing back - AMBCrypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Soon after Axie Infinity [AXS] approached to test the $12-support, buyers provoked a week-long rally in an ascending channel (white).


Axie Infinity is about to end its bear cycle- assessing the odds - AMBCrypto

The last two quarters have been rough for Axie Infinity [AXS]. The GameFi has not only been the victim of one of the largest crypto hacks but has also swayed with the bearish sentiment in the broader market.

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