axie infinity BSP

Sky Mavis, the company behind the popular play-to-earn (P2E) game Axie Infinity, encourages the Axie community members to abide by the laws of their home countries. "As creator and inventor of the #1 NFT game, Axie Infinity, we pride in providing a fun and entertaining experience while cultivating a player-owned ecosystem," said Sky Mavis in a statement posted on Axie Infinity's official Twitter account. The announcement came after Axie Infinity became a hotter subject recently when the DOF and BIR clarified that play-to-earn games earnings from platforms like Axie Infinity are subject to income tax. The BSP also said that it is looking into classifying Axie Infinity as OPS similar to GCash, PayMaya, and other banks. The Ronin Bridge is an Ethereum sidechain specifically designed for Axie Infinity, it allows users to transfer funds between the Ronin blockchain and the Ethereum blockchain. https://twitter.com/AxieInfinity/status/1541764201735241735?ref_src=twsrc%5Etfw Sky Mavis has taken steps in bolstering its security by conducting a full reassessment and undergoing an internal audit and two external audits with blockchain security firms Verichains and Certik. Sky Mavis Inc., the developer behind the play-to-earn game Axie Infinity has announced that it expects to reimburse victims of the Ronin bridge hack on June 28. Read more in our articles including "Sky Mavis to work with gov't, encourages Axie community to abide by home country laws" and "Axie Infinity's Ronin Bridge is back up after USD 625 million hack".