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The Latest Breaking News from Sky Mavis

North Korean hackers 'steal £2.4billion in crypto to fund ballistic missile programme'

North Korea and hackers linked to the regime are said to have robbed $3billion over recent years in an attempt to help fund their ballistic missile programme

Daily Mirror

'Axie Infinity' developer Sky Mavis launches next act: Studio partnerships and an update to its Ronin blockchain

After a $600 million hack in 2022, the play-to-earn gaming giant is starting a new chapter.

Fortune

Play-to-earn video games like Axie Infinity promised a lot but have failed to deliver

Thousands of people in the Philippines began living off play-to-earn video games, then it all came crashing down.

ABC News

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To What Extent Do South Koreans Perceive North Korean Cyberattacks as a Threat?

A recent survey of South Koreans indicates that cyberattacks are viewed as a threat comparable to nuclear weapons, particularly among the elderly.

The News Lens

'Axie Infinity' Creator Launches 'Axie Infinity: Origin': What You Need To Know

Sky Mavis — the creator of the successful crypto play-to-earn game Axie Infinity (CRYPTO: AXS) — just launched the game's sequel "Axie Infinity: Origin."

Benzinga

The Weekly Wrap for Saturday, 2 April 2022

How do you lose $625,000,000 on a blockchain browser game? This week we are going to Axie Infinity, and beyond the realms of common sense.

inkl Originals

Sky Mavis' Ronin Bridge Attack Has VC's Rethinking On Crypto Investment Path: Bloomberg

A security breach that allowed hackers to swindle 173,600 Ether and 25.5 million USDC tokens in a $600 million hack of play-to-earn game Axie Infinity is making investors cautious about cryptocurrency, Bloomberg reported, citing Animoca Brands co-founder Yat Siu. The incident could alter the attitude and responsibilities of venture capitalists investing in crypto. Animoca is…

Benzinga

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Hackers Steal Record $625 Million from Crypto Firm Axie Infinity

The theft was discovered several days later, raising questions about the vulnerabilities of decentralized finance (DeFi).

The Street

Infinity's Ronin Network Says About $620M Stolen In Major Security Breach

Ronin, an Ethereum-linked sidechain made by Sky Mavis specifically for Axie Infinity (CRYPTO: AXS), disclosed Tuesday a major security breach that led to the theft of about $620 million in cryptocurrency.

Benzinga

'Life-changing' or scam? Blockchain game helps Philippines' poor earn

MANILA: Dominic Lumabi sits on the computer in his Manila bedroom pitting his puffer fish-like cartoon NFT characters against others. But this is not just a game -- he is earning cryptocurrency to support his family during the pandemic.

Bangkok Post

The Biggest NFT Video Game's Economy Is Collapsing Because NFT Games Don't Work

Some NFT assets held their value during January's crypto crash, but not the video game monsters in Axie Infinity.

People

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