Infinex paused its Yaprun campaign after a flood of bot-generated, low-quality content overwhelmed the reward system. The “Mindshare Attribution” incentive was exploited, hindering genuine creators. Infinex is rebuilding the scoring & adding anti-bot measures for a relaunch. #crypto #blockchain #news

US Treasury Sec. Bessent suggests the Fed consider a 0.5% rate cut at its Sept meeting, citing weaker-than-expected job growth & limited tariff impact on inflation (via Bloomberg). He also urged swift Senate confirmation of Fed nominee Stephen Miran. #crypto #blockchain #news

CMGE (0302.HK) eyes Web3 growth! Tokenizing popular “Xianjian” IP & CMGEPay could boost revenue & cut international expansion costs. KKFun Esports uses blockchain for fair play. #Web3 #gaming #CMGE #crypto #blockchain #news

Solana ecosystem project Upexi has established an advisory board, with BitMEX co-founder Arthur Hayes appointed as its inaugural member. The committee will focus on driving strategic growth, increasing project visibility, and attracting capital to Upexi’s SOL holdings. #crypto #blockchain #news

1Kosmos, a blockchain identity verification platform, raised $57M in Series B funding led by Forgepoint & Oquirrh Ventures + $10M credit from Bridge Bank. Total funding now exceeds $72M. They offer remote ID verification & passwordless MFA. #crypto #blockchain #news