Sky Mavis lays off 21%, Plans New Axie Infinity Game
Sky Mavis is laying off 21% of its workforce as part of a strategic shift to align with its long-term vision. As part of a strategic restructuring, Sky Mavis, the company that is responsible for the Web3 game Axie Infinity and the Ronin blockchain, has announced that it will be laying off 21% of its […]
Norwegian Government Recovers $5.7M Assets in Heist
The $5.7 million in cryptocurrency that was taken during the Ronin Bridge attack has been successfully frozen and returned by Norwegian police. In 2022, the online game Axie Infinity experienced a $620 million attack. Norway successfully froze and returned roughly $6 million in stolen cryptocurrency. In an X post on Friday, Sky Mavis, the blockchain […]
Sky Mavis Recovers $5.7M from Ronin Bridge Hack of 2022
Axie Infinity creator Sky Mavis disclosed it has successfully recovered $5.7 million from the infamous Ronin Bridge hack of 2022 with the support of Norwegian authorities. Norway’s central unit for combating economic and environmental crimes, “Økokrim,” froze and returned $5.7 million in funds from the Ronin Bridge breach on June 7, according to Sky Mavis. […]
Axie Infinity Card Game Launches on iOS in Asia and Latin America
The NFT-based strategy game Origins is now available on the Apple App Store in key markets where the game is most popular and has launched a new marketplace and merch store. Axie Infinity: Origins is a spin-off of Axie Infinity, a virtual world populated with cute, formidable creatures known as Axies. Axies can be battled, […]
$30M Recovered From Axie Infinity Hack
Axie was hacked this year for $600 million The crypto analytics company Chainalysis revealed on Thursday that it had assisted in the recovery of around $30 million taken from Axie Infinity earlier this year. Law enforcement officials were able to retrieve the assets, which were taken by Lazarus Group , a North Korean hacker group […]