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Axie Infinity
Sky Mavis COO: $625M Axie Infinity Hack Was ‘Social Engineering’
Sky Mavis COO & Co-Founder Aleksander Larsen shares an inside perspective on the $625 million exploit of Axie Infinity’s Ronin network, explaining the circumstances that lead to the attack and the subsequent wave of financial support from Binance and venture capitalists to refund the victims. Plus, a conversation on the security of blockchain bridges, lessons learned for the overall crypto ecosystem and the launch of Axie Infinity: Origin.
How the Play-to-Earn Industry Can Rebuild Better After the Ronin Attack
Now is the time for Axie Infinity leadership and solidarity from the competitive crypto gaming industry, CoinDesk columnist Leah Callon-Butler writes.
Sky Mavis Raises $150M to Reimburse Axie Infinity Hack Victims
Sky Mavis, the company behind play-to-earn game Axie Infinity, has raised $150 million in an investment round led by Binance to reimburse victims of the Ronin network hack. “The Hash” group discusses the aftermath of the largest hack in DeFi history and the growing investor appetite in blockchain gaming.
First Mover Americas: Luna Foundation Guard Is Back Buying Bitcoin, Fed Minutes on Deck
The latest moves in crypto markets in context for April 6, 2022.
Sky Mavis Raises $150M Round Led by Binance to Reimburse Ronin Attack Victims
The funds from the round along with Sky Mavis and Axie Infinity funds will be used to refund users.
Metaverse Majors Struggle as User Base Falls Short of Market Expectations
Decentraland, Axie Infinity and The Sandbox have larger valuations and fewer active users than non-blockchain games.
Ronin Attack Shows Cross-Chain Crypto Is a ‘Bridge’ Too Far
Last week’s $625 million exploit of the Axie Infinity sidechain underscores the risks of sacrificing decentralization for scale, Ethereum boosters say.
The Bigger Problem With Axie Infinity
The $620 million Ronin exploit isn't the half of it; play-to-earn ain't free.
