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...

Binance scales back investment in Axie Infinity developer’s post-hack fundraise

Binance has significantly reduced the size of its investment in Axie Infinity developer Sky Mavis. In April, days after North Korean hackers stole $540 million in crypto from the sidechain that suppor...

Blockchain Gaming Company Animoca Brands Raises $360 Million In Quest To Build ‘The Open Metaverse’

With the network effect of Web 3.0, Animoca Brands cofounder and executive chairman Yat Siu isn’t betting against his competitors. He’s counting on them. Dickson Lee/South China Morning Po...