Tag: sky mavis

Apr 28 2022

Ronin Network to Increase Validator Nodes to 21, Introduce $1M Bug Bounty and Audits to Prevent the Next DeFi Hack

Summary: The Ronin Network team has published a postmortem report on the exploit that happened on March 23rd The report explains that a Sky Mavis employees are under constant advanced spear-phishing attacks on various social networks One employee was compromised, leading to access to 4 of Sky Mavis' validator nodes Moving forward, Sky Mavis plans to work with top tier security networks, increasing...

Apr 08 2022

Binance Leads $150M Sky Mavis Funding Round to Help Reimburse Ronin Hack Victims

On Wednesday, Binance announced that it had led Sky Mavis’ $150 million financing round, which saw the participation of a number of prominent crypto- focused investors, including Animoca Brands, a16z, Dialectic, and Paradigm.

Apr 06 2022

Jan 28 2022

Creators of Axie Infinity Launch Governance Token for Ronin Network, Axie’s NFT Owners Get Free RON Transactions

Sky Mavis, the creators and developers of play-to-earn (P2E) sensation Axie Infinity (AXS), have launched a governance token for its Ethereum sidechain the Ronin Network. The RON token will be used to pay for gas fees on Ronin, while providing several decentralized finance (DeFi) extras, including staking and community governance.

Oct 05 2021

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