After $600 million crypto heist, Axie Infinity team raises $150 million and launches another NFT game

Axie:Origin screenshot | Image: Sky Mavis

Last week Sky Mavis, the Vietnam-based company behind the crypto game Axie Infinity, revealed that a hacker stole hundreds of millions of dollars worth of crypto from its blockchain. Sky Mavis realized it had been attacked when a user could not make a withdrawal six days after the breach, and the company froze transactions on its compromised Ronin Network bridge.

Now Sky Mavis has announced it’s received $150 million in investments that “will be used to ensure that all users affected by the Ronin Validator Hack will be reimbursed.” At nearly the exact same time, it’s launching a new version of the game, Axie Infinity: Origin. According to Sky Mavis CEO Trung Nguyen, “As a team, we have made an intentional decision to focus on what lies...

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