Sky Mavis Offers Up to $1 Million in Bug Bounty After Losing $625 Million in Major Hack

Sky Mavis, the parent of Axie Infinity game, has offered to pay security developers upto $1 million (roughly Rs. 7.5 crore) to identify loopholes in their security systems. The rewards will be paid in AXS, the native token of Axie Infinity game. The step comes after Sky Mavis-developed Ronin Network lost $625 million (roughly Rs. 4,729 crore) in a hack atatck.

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