First Mover Americas: Axie Infinity's Token Takes Off

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$CHZ, the token for the Chiliz blockchain, has declined 35% since the FIFAWorldCup began on Nov. 20 in a typical “buy-the-rumor, sell-the-news” trade.

Monday that it has selected a team of 700 community members to help build out the future of Axie Infinity. The Sandbox’s SAND token has also posted a large gain, up 7% on the day..

In addition to the previously reported group of Gemini customers owed $900 million through its Gemini’s Earn program, which is tied to Genesis, a second group of assorted Genesis creditors, with loans also amounting to $900 million, is being represented by law firm Proskauer Rose, a second source told CoinDesk. Genesis and CoinDesk are both owned by crypto conglomerate Digital Currency Group.

 

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