Sky Mavis Financial News

16.02 / 20:33

cryptocurrency Sky Mavis Norway seizes record $5.8 million of crypto stolen by North Korea

Norway has seized a record $5.8 million worth of cryptocurrency that was stolen by North Korean hackers last year, Norwegian police said in a statement on Thursday.

14.02 / 14:49

Ethereum ETH FIVE AXY Oracle Infinity Sky Mavis Crypto exploits, diverse hacks, and billions of dollars stolen in 2022: Report

As per a 13 February report by CoinGecko, in tandem with DeFiYield’s REKT database, exploiters used an array of methods to steal nearly half of the total cryptocurrency stolen in 2022. This included circumventing verification processes, manipulating the market, smart contracts, crowd looting, and bridge exploits.

13.02 / 22:31

Blockchain defi Hackers hacks regulation crimes Cybercrime Sky Mavis DeFi exploits and access control hacks cost crypto investors billions in 2022: Report

Cyber criminals used a variety of novel ways to carry out hacks and exploits in 2022, with over $2.8 billion of cryptocurrency stolen last year.

26.01 / 07:49

business FTX Court Bankruptcy Sky Mavis Charities FTX creditor list shows airlines, charities and tech firms caught in collapse

A complete list of the creditors owed money by the bankrupt cryptocurrency exchange FTX has been released, revealing a myriad of companies and government entities wrapped up in its collapse.

18.01 / 23:49

NFT Google NIFTY Sky Mavis recovery Logan Paul unveils CryptoZoo recovery plan: Nifty Newsletter, Jan 11–17

In this week’s newsletter, read about how independent creators can use music-based nonfungible tokens (NFTs) to build a fanbase and monetize their work. Check out what industry professionals are saying about NFT gaming trends in 2023 and how an NFT influencer lost his assets by clicking an advertisement on Google. In other news, find out how social media influencer Logan Paul plans a recovery for his controversial NFT project, CryptoZoo. And don’t forget this week’s Nifty News featuring Shiba Inu’s NFT project, Shiboshis.

12.01 / 14:45

NFT Gaming Sky Mavis NFT gaming trends in 2023: Industry execs expect more big players to jump in

Despite the bullying that gamers inflict on traditional gaming companies dipping their toes into nonfungible tokens (NFTs), executives working within the NFT gaming industry are hopeful that more traditional gaming firms will jump into the space this year.

26.12 / 20:57

business FTX Celsius Sky Mavis collapses 7 biggest crypto collapses of 2022 the industry would like to forget

2022 has been a bumpy year for the cryptocurrency market, with one of the worst bear markets on record and the downfall of some major platforms within the space. The global economy is beginning to feel the consequences of the pandemic, and clearly, this has had an influence on the crypto industry.

25.10 / 12:17

UPS AXY Infinity Sky Mavis Axie Infinity price 3 Reasons Axie Infinity Price is Doomed and Calvaria Is Pumping During Presale

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

06.10 / 03:39

Blockchain Adoption Google Cloud Services Sky Mavis Google Cloud Support Near Protocol partners with Google Cloud to support Web3 devs

Near Foundation has announced a new partnership between Google Cloud and Near Protocol, providing infrastructure for Near’s Web3 startup platform, Pagoda.

05.10 / 17:55

business Gaming Funding Sky Mavis Skyweaver's parent company secures $40M in Series A funding

Horizon Blockchain Games, the developer behind the Skyweaver game, has raised $40 million in Series A funding, the company disclosed on Oct. 4. The round was led by Brevan Howard Digital and Morgan Creek Digital, with additional participation from Polygon, Take-Two Interactive, Ubisoft, Xsolla, The Sandbox’s co-founder Sebastien Borget, Sky Mavis and Axie Infinity co-founder Aleks Larsen, among other investors.

09.09 / 14:01

UPS AXY Google Infinity Sky Mavis Google Cloud 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.

08.09 / 22:15

Blockchain Binance Platform Sky Mavis Bitcoin Law enforcement recovers $30 million from Ronin Bridge hack with the help of Chainalysis

On Thursday, blockchain forensics firm Chainalysis said that law enforcement had recovered $30 million in crypto stolen from the $625 million Ronin Bridge hack in March. According to Chainalysis, Lazarus Group, the North-Korea linked entity behind the attacks, first used sophisticated money-laundering techniques such as sending stolen Ether (ETH) to crypto-mixer Tornado Cash, swapping it for Bitcoin (BTC), sending theBitcoin to Tornado Cash, and then cashing out at exchanges. However, the group recently moved away from such techniques after the U.S. Department of Treasury imposed sanctions on Tornado Cash wallet addresses.

01.09 / 05:15

Blockchain Binance Gaming Sky Mavis Solved! Mystery owner of the huge Axie Infinity SLP wallet is revealed

After much speculation, the wallet hodling more than 22 billion of Axie Infinity’s total supply of in-game token Smooth Love Potion (SLP) has been identified as an address belonging to Binance.

10.08 / 22:19

Blockchain Ethereum NFT Sky Mavis CryptoPunk to be split into pieces: Nifty Newsletter, Aug 3–9

In this week’s newsletter, read about Ethereum co-founder Vitalik Buterin’s proposal for stealth nonfungible token (NFT) ownership. Check out how a CryptoPunk will be split into thousands of pieces to enable smaller investors to access it, and how the NFT play-to-earn game Axie Infinity plans to double down on South Korea despite regulatory hurdles. In other news, learn about how NFT storage works according to two NFT experts. Lastly, check out how a Redditor turned criticisms of the NFT space into NFTs.

09.08 / 12:52

business event Blockchain Adoption Sky Mavis week Korea Blockchain Week, Aug. 9: Second-day takeaways from the Cointelegraph team

Korea Blockchain Week (KBW) 2022 wrapped up its two-day mainstage events this evening, which again saw a number of influential speakers take to the podium including Janine Yorio of Everyrealm, Yat Siu of Animoca Brands and Sky Mavis’ Jeffrey Zirlin.

09.08 / 09:05

business Blockchain Sky Mavis Axie Infinity looking to 'double-down' on Korean market: KBW

Sky Mavis, the firm behind Play-to-Earn (P2E) heavyweight Axie Infinity is looking to “double down” in South Korea and ramp up adoption despite the regulatory hurdles.

04.08 / 13:37

UPS Digital Sky Mavis Luna Lost South Korean VC Firm Hashed Lost Up to $3.6B to LUNA Crash: CEO

With many crypto companies notably finding it difficult to share the extent to which the collapse of TerraUSD (UST) and LUNA coins affected their businesses, Simon Seojoon Kim, the Chief Executive Officer of South Korean venture capital firm Hashed, has revealed how much the firm lost when Terra collapse back in May.

29.07 / 12:55

BLOCK AXY Currency Indices CEO Sky Mavis 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.

29.07 / 12:37

Binance Hack security Gaming Sky Mavis Axie Infinity Developer Denies Wrongdoing Following Ronin Hack-Related Crypto Transfer Discovery

In the aftermath of the March hack of the Ronin blockchain, Vietnamese game developer Sky Mavis, the entity behind the blockchain-based game Axie Infinity (AXS), is rejecting accusations of wrongdoing as some USD 3m worth of its native AXS token had reportedly been moved from Ronin to a Binance account in the hours preceding the attack’s discovery.

28.07 / 14:15

business Adoption Gaming Sky Mavis valuation GameFi industry to see $2.8 billion valuation in six years

A recent report from Absolute Reports projects massive growth for the GameFi industry within the next six years.

12.07 / 13:49

NFT Altcoins Gaming Non-fungible tokens Sky Mavis Axie Infinity Shows New Signs of Life, Despite Still-Falling NFT Sales

The crypto-powered play-to-earn (P2E) game Axie Infinity (AXS) is again showing signs of life, after being hit hard by a price collapse in the NFT and P2E sectors in crypto. However, sales of NFTs for the game have still fallen significantly in May and June.

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