GCash users can now opt for an easier, accessible direct-to-crypto top-up method when trading for Axie Infnity’s in-game currencies. With the recent regulatory challenges faced by Binance along with the restrictive nature of cryptocurrency itself—Axie and GCash partnered up to help the Philippines in diversifying access for their users in the Philippine community. As about 80% of Filipino internet users rely on GCash for financial services, Axie also added that their partnership with GCash will “provide Filipinos with an alternative that meets the local dynamics and user needs”. “Axie Infinity is a beloved title to players across the globe, especially within the Philippines. We should also add that Axie’s AXS (Axie Infinity Shards) and SLP (Smooth Love Potion) cryptocurrencies are already available through GCash’s GCrypto feature. 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. Binance CEO Changpeng Zhao on Friday has announced that their trading platform had recovered USD 5.8 million worth of crypto funds linked to North Korean-orchestrated hacking of blockchain based, play-to-earn game Axie Infinity. Read more in our articles including "GCash and Axie partner up for accessible crypto payment methods" and "Axie Infinity's Ronin Bridge is back up after USD 625 million hack".
GCash users can now opt for an easier, accessible direct-to-crypto top-up method when trading for Axie Infnity’s in-game currencies. With the recent regulatory challenges faced by Binance along with the restrictive nature of cryptocurrency itself—Axie and GCash partnered up to help the Philippines in diversifying access for their users in the Philippine community.
As about 80% of Filipino internet users rely on GCash for financial services, Axie also added that their partnership with GCash will “provide Filipinos with an alternative that meets the local dynamics and user needs”. “Axie Infinity is a beloved title to players across the globe, especially within the Philippines. We should also add that Axie’s AXS (Axie Infinity Shards) and SLP (Smooth Love Potion) cryptocurrencies are already available through GCash’s GCrypto feature.
Our coverage of Axie Infinity includes: "GCash and Axie partner up for accessible crypto payment methods"; "Axie Infinity's Ronin Bridge is back up after USD 625 million hack"; "Binance recovers USD 5.8M of stolen funds linked to Axie Infinity hack". Each article provides unique insights and information.