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Axie Infinity (AXS) is the biggest gainer among the largest 100 crypto assets, surging by 16% in the past 24 hours amid increased whale transactions and development activity. The asset’s recent uptrend began on Oct. 20 following a collapse to an 11-month low of $4.05 on Oct. 19. Axie Infinity began registering impressive gains following the massive drop, recording a historical nine winning sessions out of ten days since Oct. 20.  AXS price, social volume and whale activity – Oct. 30 | Source: Santiment Notably, the upswing gained momentum on Oct. 28 amid the sustained bullish sentiments surrounding the broader crypto market. While Bitcoin (BTC) and other assets have witnessed a drop in bullish momentum, AXS has retained its run, surging to a 2-month high of $6 on Oct. 30. Despite the resistance the asset faced at the $6 territory, it has maintained a value above the $5 psychological price threshold. This resilience demonstrated by AXS has sealed its spot as the lar...

US charges a gains t two Russian nationals tied to the 2011 hack of Mt. Gox, the then-massive bitcoin exchange, were unsealed on Friday.  The Department of Justice named Alexey Bilyuchenko and Aleksandr Verner with conspiracy to commit money laundering. Bilyuchenko was also charged in another investigation from the Northern District of California, which alleged that Bilyuchenko worked with Alexander Vinnik.  Bilyuchenko was charged with an additional count of money laundering conspiracy, as well as operating an unlicensed money services business.  Assistant Attorney General Kenneth Polite said that the charges mark an “important milestone” in prosecutors’ dual “major cryptocurrency investigations.”  “As alleged in the indictments, starting in 2011, Bilyuchenko and Verner stole a massive amount of cryptocurrency from Mt. Gox, contributing to the exchange’s ultimate insolvency,” Polite said. “Armed with the ill-gotten gains from Mt. Gox, Bilyuchenko allegedly went on to help set ...