Sky Mavis Financial News

13.10 / 12:19

NFT Sky Mavis Blockchain Gaming Records $600 Million Inflows, Down 38% from Last Quarter: Here’s More

Blockchain gaming numbers were affected by the wider bear market leading many observers to criticize the existing models and the utility of most projects.

15.03 / 22:51

Blockchain Binance CEO Trade Sky Mavis Crypto Exchange Bitcoin Crypto Investor Binance Splits from Venture Capital Arm

Earlier this year, Binance quietly split from its venture capital division, Binance Labs, and established as an independent entity now valued at $10 billion. This change in operation became effective on March 15 under Binance’s newly appointed Chief Executive Officer, Richard Teng, who assumed the role four months ago.

23.02 / 08:35

Ethereum Hack Sky Mavis Axie Co-Founder’s Personal Accounts Breached for $8M, Ronin Bridge Unaffected

Jeff “Jihoz” Zirlin, co-founder of Axie Infinity, experienced a security breach in two of his personal Ethereum addresses on Ronin, resulted in an $8 million loss.

09.11 / 21:47

Blockchain Adoption Digital Infinity Chainalysis Sky Mavis country reports Cryptocurrency Adoption Skyrockets in South and Central Asia, Driven by Real-World Use Cases: Chainalysis

Cryptocurrency adoption is experiencing a significant surge in South and Central Asia, driven by the emergence of real-world use cases, according to blockchain intelligence firm Chainalysis.

02.11 / 08:15

business Blockchain Gaming Sky Mavis Axie Infinity developer brings Japanese Web2 games to Ronin

On November 2, Sky Mavis, the developer behind the popular monster-battle nonfungible tokens (NFT) game Axie Infinity, announced a partnership with Korean gaming studio Act Games, to bring a variety of Japanese video game franchises to its native Ronin blockchain.

10.10 / 06:37

Ethereum Sky Mavis Tornado Cash Tornado Cash Processed Over $77 Million in Past 30 Days: Arkham

As per blockchain intelligence firm Arkham, $77.35 million in assets have flown through Tornado Cash’s contracts on Ethereum mainnet in the past 30 days.

25.09 / 13:21

Hacking lazarus group Sky Mavis lazarus Data Shows North Korean Lazarus Group Has Accumulated Bitcoin Valued Over $40M

The North Korean hacking group known as Lazarus Group reportedly has holdings of over $47 million in cryptocurrency, with the majority in Bitcoin (BTC).

12.09 / 11:51

NFT Entertainment Gaming Non-fungible tokens Metaverse Decentralization Investment Sky Mavis Animoca Brands Secures $20M Funding to Drive Ambitious Mocaverse Metaverse Project – NFT's Making a Comeback?

Animoca Brands, a metaverse and gaming venture capital firm, has raised $20 million to expand its Web3 identity project Mocaverse.

11.09 / 10:55

Digital Platform Entertainment AUD Sky Mavis Animoca Brands Animoca Brands Secures $20 Million for Mocaverse, A Web3-Native Gaming Tool Platform

In the initial funding round for Mocaverse, a prominent project focused on creating Web3-native tools for enhancing products in gaming and entertainment, Animoca secured $20 million in investment led by CMCC Global.

06.09 / 18:05

Blockchain Target Platform Sony Actor Sky Mavis Bitcoin track lazarus FBI Monitors North Korea's Lazarus Group in Major Cryptocurrency Heist

The Federal Bureau of Investigation (FBI) has recently alerted cryptocurrency firms about blockchain activities linked to the theft of a significant amount of cryptocurrency. Within the past day, the FBI has monitored cryptocurrency pilfered by actors affiliated with the Democratic People's Republic of Korea (DPRK), commonly known as North Korea. These actors, known as the TraderTraitor group, are also recognized as the Lazarus Group and APT38. The agency suspects that North Korea might try to liquidate the bitcoin, which is valued at over $40 million.

23.08 / 10:55

Blockchain Hackers hacks regulation Sky Mavis Bitcoin Bitcoin Wallets FBI flags 6 Bitcoin wallets linked to North Korea, urges vigilance in crypto firms

The United States Federal Bureau of Investigation (FBI) has flagged six Bitcoin (BTC) wallets linked to North Korean state-backed hacking group Lazarus. The six wallets contain 1,580 BTC worth $40 million believed to be hoarded from various cryptocurrency hacks over the past year.

26.07 / 19:07

Ethereum NFT Gaming Reddit Sky Mavis McDonald’s in the metaverse, pro players to try Web3: Nifty Newsletter

In this week’s newsletter, read about how Reddit onboarded millions into Web3 through its nonfungible token (NFT) avatars, and check out McDonald’s first metaverse experience in The Sandbox. Find out why professional gamers are interested in trying out Web3 games, and why Axie Infinity creator Sky Mavis is partnering with NFT collection CyberKongz to develop a new game. And don’t forget this week’s Nifty News, featuring an NFT image of Ethereum co-founder Vitalik Buterin.

25.07 / 13:55

Blockchain NFT Polygon Gaming GameFi Sky Mavis Blockchain Game Axie Infinity creator to develop new game in partnership with CyberKongz

Sky Mavis, the company behind the popular play-to-earn (P2E) blockchain game Axie Infinity, has announced a partnership with the Ethereum-based nonfungible token (NFT) collection CyberKongz to create a more comprehensive gaming ecosystem for the Ronin blockchain.

12.06 / 20:15

Hack Hackers scam Sky Mavis Cyber New Report: North Korea's Cyber Army Allegedly Stole $3 Billion in Crypto to Fund Nuclear Program

North Korea's cyber army has stolen $3 billion in cryptocurrencies, with 50% of the funds being used to fund the country’s ballistic missile program.

01.06 / 13:37

NFT NFTS Reddit Play To Earn Sky Mavis play Reddit Co-Founder Alexis Ohanian Firmly Stands by Play-to-Earn Gaming Model

Reddit co-founder Alexis Ohanian firmly believes that play-to-earn is the future of gaming despite the decline in popularity of some major P2E games.

11.04 / 17:49

markets Ethereum NFT Hackers Altcoin Watch Sky Mavis Blockchain Game 500 Ronin (RON) bags a 500% gain as the gaming-focused project approaches a major upgrade

Ronin Network’s native token RON recorded 5x gains since the start of the year thanks to its plans to shift to a Delegated Proof-of-Stake (DPoS) consensus mechanism and expand its gaming portfolio beyond Axie Infinity.

05.04 / 19:09

NFT Gaming Sky Mavis Activision Former Activision Blizzard exec joins Yuga Labs as CEO: Nifty Newsletter, March 29–April 4

In this week’s newsletter, learn how artificial intelligence (AI) can make the metaverse safer, according to The Sandbox’s co-founder. Check out how Axie Infinity creator Sky Mavis is building a blockchain gaming ecosystem, and read about nonfungible token (NFT) firm Yuga Labs onboarding a new CEO. In other news, find out how OKX uses the metaverse to engage with football fans, and don’t forget this week’s Nifty News, featuring luxury brand Gucci creating a pendant for the Otherside metaverse.

31.03 / 17:07

Blockchain Web3 Gaming Asia Sky Mavis Asia’s gaming giants bet on Web3 to transform the global gaming landscape

The Web3 gaming sector is growing fast, accounting for half of the entire blockchain industry in terms of on-chain activity. Asia Pacific is leading the trend, with China alone having over 700 million players ready to adopt blockchain-based games.

30.03 / 10:09

Blockchain NFT Gaming Sky Mavis Blockchain Game Axie Infinity creator works with studios to push Web3 adoption through new games

Sky Mavis, the team behind the popular blockchain game Axie Infinity, revealed that four gaming studios will be building and launching games on top of the Ronin network, sparking the creation of its own native gaming ecosystem.

11.03 / 20:53

business Blockchain Venture Capital Sky Mavis Failed tech bank SVB held over $5B for prominent crypto VCs: Report

According to a report that began circulating on March 11 in the aftermath of the collapse of Silicon Valley Bank (SVB), prominent blockchain venture capitalists (VCs) have over $6 billion worth of assets held by the now-defunct financial entity. These include $2.85 billion from Andreessen Horowitz (a16z), $1.72 billion from Paradigm and $560 million from Pantera Capital.

16.02 / 21:21

Blockchain hacks Sky Mavis Norwegian police recover $5.9M stolen from Axie Infinity Ronin hack

According to a press release published on Feb. 16 by Norway's National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim), authorities have seized 60 million Norwegian Kroner ($5.85 million) in stolen cryptocurrencies linked to the Axie Infinity Ronin Bridge hack last March. According to senior public prosecutor Bender,

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