Enlarge / New funds to replace Sky Mavis’ hacked money are… in the cards. Sky Mavis, the developer of non-fungible token-based game Axie Infinity, announced Wednesday that it has raised an additional $150 million in venture funding. The company says the money “will be used to reimburse user funds affected by the Ronin Validator Hack, […]
Enlarge / Artist’s conception of Sky Mavis tracking down the hackers behind the $600+ million breach. Axie Infinity developer Sky Mavis today announced a massive breach of its Ronin cryptocurrency sidechain. An attacker used “hacked private keys” to break through Ronin’s validator network, Sky Mavis says, transferring 173,600 ETH (worth approximately $594 million at current […]