Ecosystem Roundup: Sky Mavis nets US$150M, SG tightens rules for crypto firms, Newman Capital launches US$50M web3 fund

Sky Mavis bags US$150M to refund users hit by Axie hack Last week, the Ronin Network suffered a security breach that resulted in the theft of 173,600 ether and about US$25.5 million in USDC stable coins; The stolen tokens sum up to US$620M, making it possibly the largest crypto hack of all time. Singapore tightens […] The post Ecosystem Roundup: Sky Mavis nets US$150M, SG tightens rules for crypto firms, Newman Capital launches US$50M web3 fund appeared first on e27.