Từ khóa: #Sky Mavis

An event related to cryptocurrency was held in Ho Chi Minh City, attracting a great number of participants. (Photo: SGGP)

Cryptocurrencies show high risks

Even though cryptocurrencies are not legally recognized in Vietnam, they have gradually become popular due to unlawful trading via specific platforms. As their value is quite high, lately, there have been infamous cyber-attacks or scams aiming at appropriating cryptocurrencies.

Users need to spend real money to buy items before they can join in a move-to-earn GameFi

Gamers warned of GameFi fraudulence in Vietnam

Seeing the success of Sky Mavis, whose GameFi (Game + Finance) can attract a capital investment of US$3 billion, other Vietnamese game developers have introduced similar game projects lately. However, experts in the field state that many of them are in fact fraudulent ones.

The interface of Axie Infinity. (Photo: SGGP)

Axie Infinity game hacked, over $600 million stolen

Sky Mavis – a renowned startup project of 30-year-old Vietnamese CEO Nguyen Thanh Trung – is well-known for its Blockchain game named Axie Infinity. The game has been unexpectedly hacked lately, and over US$600 million was stolen, ringing an alarm to other game developers and players.