Axie Infinity creator Sky Mavis to stake 11.4 million AXS

Sky Mavis, the developer of play-to-earn game Axie Infinity (AXS/USD), has announced its staking over 11 million AXS tokens. In a tweeted statement shared on Tuesday, Sky Mavis noted that its balance ...

Sky Mavis x Google Cloud to Advance the Games Universe

Google Cloud published a news release to share the update on its recent partnership with Sky Mavis. Google Cloud has announced that it is not the validator for the blockchain network of Sky Mavis. As ...

Lesson learned? Sky Mavis teams up with Google Cloud to avoid another Ronin hack

While some are unable to recover from hacking incidents and have to throw in the towel, others are able to pick up the pieces, learn from their shortcomings and go at it for another round.  In an anno...

Sky Mavis Announces Latest Products for Axie Infinity

First ever AxieCon held in Barcelona, Spain. Sky Mavis unveiled a number of new attributes for Axie Infinity. Axie Infinity became the top blockchain game in 2021. New Features for The Game Good news ...

Sky Mavis’ Ronin sidechain expands to 17 validators to boost security

Ronin, an Ethereum-linked sidechain that hosts the Axie Infinity play-to-earn game, has added three new validators as it aims to boost security following the $600 million hack in March. The Ronin deve...

Sky Mavis CEO moved funds before disclosing $540 million hack: Bloomberg

Trung Nguyen, co-founder and CEO of Sky Mavis: the studio behind the Axie Infinity blockchain game, moved about $3 million in crypto tokens before the company disclosed details of a $540 million, Bloo...

Sky Mavis CEO Moved about $3m in Crypto before Disclosing Hack: Bloomberg

The co-founder and CEO of Sky Mavis moved about $3 million in crypto tokens prior to the disclosure details of the $540 million Ronin bridge hack in March, Bloomberg reported. The report stated that T...

Hot Stove Cool Music Benefit Concert Celebrates 10 Years In Chicago With Mavis Staples

CHICAGO, IL – NOVEMBER 19: (EXCLUSIVE COVERAGE) Mavis Staples performs onstage during I’ll Take You … [+] There: Celebrating 75 Years Of Mavis Staples at Auditorium Theatre on Novemb...

Axie Infinity’s Creator Sky Mavis Announced Plans To Reopen Ronin Bridge

Altcoin News Sky Mavis reported that the re-designed Ronin Bridge had passed an audit. In April, the business received $150 million in further capital funding. Axie Infinity’s creator, Sky Mavis, has ...

Amid P2E downturn, Sky Mavis turns to user-generated content for Axie Infinity

On Tuesday, Sky Mavis, creator of the popular fantasy monster-battle nonfungible token (NFT) game Axie Infinity, announced that it had accepted the first user-created projects in its Axie Infinity Bui...

Axie Infinity developer Sky Mavis reveals first 12 projects in Builders Program

Sky Mavis, the studio behind the popular blockchain-based game Axie Infinity, has announced the first 12 projects accepted in its Builders Program. The program, which targets bringing community-built ...

Sky Mavis Raises $150m To Refund Ronin Network Hack Victims

TL;DR Breakdown Sky Mavis has successfully raised $150 to aid the recompensation of victims of the Ronin Network Hack The game developers plan to upgrade the security on the Ronin Bridge Sky Mavis, th...

Sky Mavis Launches $1 Million Bug Bounty Program After Crypto Heist

Aleksander Leonard Larsen, Co-Founder and COO of Sky Mavis software development studio, announced on Tuesday that it launched a $1 million bug bounty campaign aimed to improve the security of Axie Inf...

Sky Mavis Offers $1 Million Bug Bounty Following Ronin Bridge Hack 

Sky Mavis – the company behind Axie Infinity – is offering up to $1 million to anyone that can identify major security vulnerabilities in its platform. This comes after the company was struck by the l...

Sky Mavis Plans Reimbursement Via A $150 Million Financing Phase Thanks To A Ronin Breach

The Ronin community reacted positively to the announcement. According to data from Crypto Slam, the volume of NFT sales has increased by more than 400%. Axie is the most popular NFT game of all time, ...

Sky Mavis to Bear ‘Full Responsibility’ for Axie Infinity’s $625 Million Ronin Hack – crypto.news

A top official at the company behind the play-to-earn game Axie Infinity apologized for security breaches that cost users $625 million in what was potentially the biggest DeFi hack in history. Axie In...

Sky Mavis Says It Will Take Years to Recover Stolen Axie Infinity Funds

Axie Infinity developer Sky Mavis revealed that recovering stolen crypto funds could take two years, but its ready to play the “long game.” During NFT LA, the P2E platform revealed it was the victim o...

Sky Mavis to refund users affected by the Ronin hack 1

TL; DR Breakdown Sky Mavis will refund users affected by the hack The company raised $150 million in a round Ronin network is still unused since the event Axie Infinity’s parent company, Sky Mavis, ha...

Ronin hack: Sky Mavis prepares reimbursement through $150M funding round

Sky Mavis has announced to reimburse all the victims in the $600 million that took place on 23 March. Binance confirmed it is leading the initial $150 million funding round with Animoca Brands, a16z, ...

Binance leads Sky Mavis’ $150 Million Funding Round

Sky Mavis, the creator of Axie Infinity, is raising $150 million from a funding round, which will be led by leading crypto exchange Binance. The fund will be used to reimburse users that lost their mo...

Sky Mavis To Compensate Ronin Bridge Attack Victims, Jacks Up $125 Million

Sky Mavis, creator of Axie Infinity, has made an announcement to gather $125 Million to offer compensation to Ronin hack victims. Latest funds will be integrated with cash from Sky Mavis’ balance shee...

Sky Mavis Holds Funding Round Led by Binance to Restore Lost Funds

It is normal to trade financial instruments that have existed in the market for a long time. Times have changed, and Crypto trading is emerging as a cool alternative for traders of every background. T...

Binance to Lead $150 Million Funding Round of Sky Mavis

Binance, a major cryptocurrency exchange, announced on Wednesday that it will lead a $150 million  funding round  Funding Round Startups look to raise capital can participate in a funding round. These...

Sky Mavis Secures $150M to Compensate Victims of the $625M+ Ronin Bridge Hack

Sky Mavis, the developer of popular NFT-based game, Axie Infinity, today announced it has raised $150 million in a recent funding round. The fundraiser was led by leading cryptocurrency exchange Binan...

Sky Mavis Bounces Back From Ronin Attack With $150M Raise

Key Takeaways Sky Mavis has secured $150 million in its latest funding round led by Binance. The funds will be used to help reimburse users who lost money from the $550 million Ronin bridge attack. Sk...

Sky Mavis raises $150 million to reimburse Ronin hack victims

The $600 million exploit, disclosed last Tuesday, saw a hacker steal 173,600 ether and 25.5 million in USDC stablecoin from the game a week prior, making it one of the largest ever exploits in the cry...

Sky Mavis looks into Ronin Network’s $650 million crypto theft

TL;DR breakdown  Sky Mavis says it is investigating the recent crypto theft on Ronin Network. Over $600 million was reportedly drained from Ronin by hackers. Sky Mavis, the Vietnamese company behind t...

Sky Mavis Promises to Compensate Lost Users for Ronin Hack

After hacking and stealing $625 million from the Ronin blockchain, the Singapore-based game studio Sky Mavis pledges to repay users, according to Bloomberg. The hackers reportedly stole around 173,600...

Sky Mavis COO Vows to Compensate Victims in the $600M Ronin Hack

Sky Mavis – the company behind the popular blockchain game ‘Axie Infinity’ – has promised to reimburse victims after $625 million in crypto was stolen from its underlying blockchain, Ronin. Another Br...