
Axie Infinity’s Sky Mavis Reduces Employee Headcount by 21%
Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.
1H
-0.47%$0.0119
24H
5.06%$0.1219
7D
-0.35%$0.0089
30D
10.4%$0.2383
Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.
The altcoin market is experiencing volatility as over $500 million worth of tokens are set to be unlocked this week, including $80 million in Worldcoin (WLD).
Since the announcement by the Ronin Network on X, its native token RON has seen a notable surge of over 6%.
In addition to Arbitrum, a number of other projects are gearing up to unlock tokens this week. Axie Infinity, for instance, is set to release around 10.87 million AXS tokens on April 16.
The Axie Infinity co-founder lost over 3,200 ETH to the hack, but assured that the situation is unconnected to Sky Mavis.
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