Crypto

NFT Game Developer Raises Funds For Hacked Users

ASOTU Proverb — Every time the world changes, the bandits change with it.
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NFT Game Developer Raises Funds For Hacked Users

Last month the Ronin Validator Hack purged over $625M in crypto from the Axie Infinity ecosystem. Axie Infinity is a game where players buy and use NFTs as a key element in gameplay. The hack affected crypto and NFTs owned by users and the developer, Sky Mavis. 

Ouch. After ensuring security measures, Sky Mavis raised $150M to reimburse users and will make up the rest from their funds. The company continues working with law enforcement to recover the stolen funds and conduct an independent investigation.

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