Philippine National Police Warns Citizens On Axie Infinity's Play-to-Earn Model, Cites Security Concerns

The Philippine police has raised alarms on blockchain gaming saying it may be riskier than investing in cryptocurrencies if capitalized by bad actors. In a new statement, the Philippine National Police Anti-Cybercrime Group (PNP ACG) says citizens should be wary of the risk of being extorted by gaming models that require them to buy non-fungible tokens (NFTs). ...