Sky Mavis Financial News

08.04 / 12:01

cryptocurrency AXY Infinity Sky Mavis play Blockchain-Based "Play-To-Earn" Games Drawing Interest From Investors

Players spent $4.9 billion on NFTs in games last year, according to market tracker DappRadar.

08.04 / 03:17

ETH Binance AXY Currency Indices Sky Mavis 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, Dialectic, Paradigm and Accel also participating.

07.04 / 12:37

NFT Gaming Non-fungible tokens Sky Mavis Sky Mavis Releases Early Access of Its Much-Anticipated Axie Infinity: Origin

Sky Mavis, the firm behind the popular blockchain-based online video game Axie Infinity (AXS), has announced the Early Access release of its much-anticipated update Axie Infinity: Origin.

07.04 / 06:01

business Blockchain cryptocurrency Sky Mavis Bitcoin Bitcoin Down Cryptocurrency Prices Today April 7: Bitcoin down, Dogecoin biggest loser. All currencies in red

Cryptocurrencies traded in the red early on April 7. The global crypto market-cap is $1.98 trillion, a 5.04 percent decrease over the last day. The total crypto market volume over the last 24 hours is $120.40 billion, which makes a 9.15 percent increase.

06.04 / 16:51

NFT defi hacks Sky Mavis Axie Infinity creator raises $150M led by Binance to reimburse stolen funds

Sky Mavis, the creator of the popular play-to-earn nonfungible token game Axie Infinity has raised $150 million in a new funding round led by Binance.

06.04 / 15:55

business cryptocurrency Binance Sky Mavis bail Crypto exchange Binance among investors to bail out victims of $615 million heist

Crypto exchange Binance is leading investors' contribution to a bailout of victims of a $615 million digital coin theft, the company targeted in the heist said on Wednesday.

06.04 / 14:57

cryptocurrency Binance CEO Binance Exchange Sky Mavis Binance Leads Investor's Contribution TO Aid Victims Of $615 million Heist

Crypto exchange Binance among investors to bail out victims of $615 million heist

04.04 / 05:53

business cryptocurrency NFT Sky Mavis Bitcoin Cryptocurrency Prices Today April 4: Bitcoin edges up, Dogecoin biggest gainer

Cryptocurrencies traded in the green early on April 4. The global crypto market cap is $2.14 trillion, a 0.73 percent increase over the last day. The total crypto market volume over the last 24 hours is $94.07 billion, a 14.86 percent decrease.

01.04 / 07:51

Blockchain cryptocurrency Crypto Theft Sky Mavis network Ronin Network suffers $610-million hack, the largest ever cryptocurrency theft

It was one of the biggest Crypto hacks in history after blockchain network Ronin announced the theft of 173,600 ether tokens and 25.5 million USD Coin tokens, totaling $540 million on March 23, but totaled $610 million when the announcement was made on March 29. pic.twitter.com/yYyINjuujX

01.04 / 07:19

cryptocurrency crypto news Sky Mavis A $625 million-heist has left crypto community baffled!

crypto world was rocked by one of the largest hacks in Web3 history with about $625 million exploit from Ronin — the blockchain to the wildly popular Axie Infinity play-to-earn game. Axie developer Sky Mavis announced in a blog post that the exploit resulted in losses of over 173,600 Ether and 25.5 million USD Coins, a stablecoin pegged to the US Dollar, total worth more than $625 million by then. Recently, there has been a sharp spike in the digital thievery and hacks, parallel to the interest in the cryptocurrency. The new age technology is hosting a number of tech savvy thieves.

31.03 / 08:07

Blockchain UPS AXY Currency Indices Sky Mavis Bridge Hacked Again - The Call For Change

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

31.03 / 07:41

cryptocurrency AXY Infinity Sky Mavis "Huge Deficiency": Cryptocurrency Industry Reels From $600 Million Hack

The crypto sector has been beset by scams and hacks.

30.03 / 16:59

AXY Currency Indices Infinity Sky Mavis Hackers steal $540m in crypto from Axie Infinity game

A cryptocurrency startup that operates a popular online game called Axie Infinity said on 29 March that hackers had stolen more than $500m worth of cryptocurrency.

30.03 / 14:45

cryptocurrency Hackers Sky Mavis Hackers steal over $600 mn in major crypto heist

cryptocurrency worth over $600 million from a digital ledger used by players of the popular online game Axie Infinity, in a major digital cash heist revealed Tuesday. Interest in cyptocurrency has boomed, along with its values, but the money has also become an attractive target for tech savvy thieves.Ronin Network said the attack targeting its blockchain netted 173,600 ether and $25.5 million worth of stablecoin, a digital asset pegged to the US dollar.

30.03 / 14:09

Blockchain Crime Hack security Sky Mavis analysts stake Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts

The recent hack of Axie Infinity’s Ronin bridge reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said.

30.03 / 13:23

Blockchain Ethereum AXY Infinity Sky Mavis Cross-Chain Ronin’s $612 million hack exposes these vulnerabilities of cross-chain bridges

For quite some time now, multi-chain or cross-chain technology has become a holy grail in the cryptocurrency development space. People want to transact with other blockchains by leveraging bridges to different ecosystems. For example, Ethereum co-founder and developer Vitalik Buterin tweeted a link to a Reddit post on 8 January, 2022.

30.03 / 04:03

Digital AXY Sky Mavis Hackers Steal Over $600 Million In One Of The Biggest Ever Crypto Heists

Ronin Network said the attack netted 173,600 ether and $25 million worth of stablecoin (Representational)

29.03 / 22:03

Blockchain Crime Hack security Sky Mavis network Over USD 600M Stolen in Blockchain Bridge Hack as Ronin Network Exploited

The first quarter of 2022 is about to end with one of the largest crypto thefts, as the gaming-focused Ronin bridge, which connects blockchains, has been exploited to the tune of more than USD 600m.

25.03 / 15:09

Binance MARKET Altcoins Gaming Sky Mavis Axie Infinity Jumps On Binance News, New Game Roll-Out Expected This Month

The crypto play-to-earn game Axie Infinity’s native token AXS jumped in price today after major crypto exchange Binance announced new incentives for the token, and as the community prepares for the launch of the revamped game Axie Infinity: Origin set for later this month.

11.03 / 01:01

business Blockchain NFT Sky Mavis Report: Axie Infinity accounted for nearly two-thirds of blockchain-game NFT transactions in 2021

According to a recent report curated by NonFungible, players of the monster-battle nonfungible tokens, or NFTs, game Axie Infinity transacted nearly $3.5 billion worth of NFTs in 2021. This accounts for almost two-thirds of all NFTs transacted in the entire blockchain gaming industry in 2021. In second and third place were sports highlights marketplace NBA Top Shot with $827 million and community gaming platform Loot with $242 million, respectively.

24.02 / 13:13

Blockchain Binance Digital Platform Sky Mavis HK HK-based Ucollex Raises $10M in Funding, Led by Animoca Brands

Hong Kong-based non-fungible token (NFT) platform Ucollex closed a $10 million Series A funding round led by Animoca Brands and the MCP IPX One Fund from Japanese investment firm MCP Asset Management.

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