Crypto Ethone

  American FinTech firm Ripple has announced that  Travalex Bank  — a subsidiary of Travelex, which is the world’s largest exchange business specialist — in Brazil has started using its XRP-powered On-Demand Liquidity (ODL) solution. ODL  uses XRP as a bridge currency, “enabling instant and low cost settlement without the need to hold pre-funded capital in a destination market.” Travelex is apparently “the first bank registered and approved by the Central Bank of Brazil to operate exclusively in foreign exchange.” Ripple’s press release went on to say that “Brazil has taken a proactive approach to regulating the cryptocurrency industry by advancing legislation to create a framework that both protects consumers and fosters innovation” and that “crypto adoption in Latin America is growing quickly as consumer interest and institutional investment surged in 2021.” It seems that “more than $780 billion payments are sent into Brazil annually, making it an opportu...

  Axie Infinity Phase 3 Removes SLP Rewards in Classic Mode The team behind Axie Infinity announced the arrival of Phase 3 of Season 0 of Origin and, in it, the token rewards of its classic game mode are completely dismissed. This action was taken because the team wants users to migrate to the new game mode called Axie Infinity Origin where rewards will now be delivered in SLP exclusively. SLPs will be able to be minted in Axie Infinity Origin for up to 30 days as this will be the time in which the team carries out a monitoring phase to look for errors, abuses and vulnerabilities. As the crypto market began to experience a downtrend, Play to Earn (P2E) games began to lose relevance, especially after experiencing a myriad of issues. This has included Axie Infinity, one of the projects with the most potential. Changing the incentive system With the arrival of Phase 3 of Season 0 of Origin  the team announced that ,  As of today, Smooth Love Potions (SLP) will no longer...