The Vietnam-based company Sky Mavis, which runs the game Axie Infinity, said last week it had been hit by one of the largest crypto heists on record, leaving users unable to withdraw their money from the game.
"Sky Mavis is committed to reimbursing all of our users' lost funds and implementing rigorous internal security measures to prevent future attacks," said Trung Nguyen, CEO of Sky Mavis. "While racing for mainstream adoption, we made some trade-offs that ended up leaving us vulnerable to this sort of attack," a blog post on the Axie Infinity website announcing the fundraise said."It's a lesson that we've learned the hard way."
Source: News Formal (newsformal.com)
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