Category: Sky Mavis

Philippines Tax Agency Targets Axie Infinity Players — ‘It’s Taxable, Subject To Income Tax’

According to a regional report, the Philippines Bureau of Internal Revenue (BIR) is focusing on the blockchain-powered game Axie Infinity over tax concerns. Finance Undersecretary Antonette Tionko explained to the…

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s…

Axie Infinity Game Tokens Skyrocket In Value, AXS And SLP Capture All-Time Price Highs

While most digital currency markets are down in value, a token called axie infinity, the native coin tethered to the blockchain-based trading and battle game of the same title, has…