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The news comes on the back of surging interest around the game, which has seen its native AXS token rise more than 500% in value over the last 30 days, per CoinGecko. (The price has fallen about 15% since setting an all-time high earlier today, however.) According to developer Sky Mavis, Axie Infinity has also generated more money in fees—some $35.8 million—over the last week than Ethereum or Bitcoin, via marketplace and monster-breeding fees.

As part of its pledge to offer an "uncensorable app store," the Freedom Phone purports to come pre-loaded with controversial apps like Parler, which was briefly banned from Apple's app store But this offer has led cybersecurity-minded people to question the wisdom of using a Chinese-made phone that doesn't appear to have a process for screening for viruses or malware.

the company reaffirmed its commitment to its Bitcoin buying strategy, following an interview in which Ahuja had said the company had no plans to make further Bitcoin purchases. Square has also made further efforts to build out the Bitcoin ecosystem.

However, later in the year, Novogratz argued that the cryptocurrency's volatility meant that gold was a safer bet, stating that, "My sense is that Bitcoin way outperforms gold, but I would tell people to hold a lot less than they do gold. Just because of the volatility.

The best Citing the "rapidly increasing use of fossil fuels for Bitcoin mining and transactions", Musk revealed that the company wouldn't be selling any of its Bitcoin holdings, and would consider using it for transactions again once mining "transitions to more sustainable energy.

The company's Bitcoin play followed months of speculation, as CEO Elon Musk took to Twitter to discuss the cryptocurrency. In late 2020, MicroStrategy's Saylor offered to share his "playbook" for Bitcoin investing with Musk, after arguing that a move into Bitcoin would be doing Tesla.