Ronin, the Layer 1 blockchain developed by Sky Mavis, experienced a significant 149% year-over-year increase in DeFi TVL, reaching $147 million in Q3 2024. There are several factors influencing this growth. One of the major catalysts was, however, the price surge of the RON token. Ronin’s DeFi, NFT Demand Grows According to Messari’s latest report,...Read More
Sky Mavis, the developer behind the blockchain-based game Axie Infinity, has announced a 21% reduction in its global workforce. This move is part of a larger restructuring plan to secure the company’s future stability and development. Core Products and Future Growth According to a local media report, this decision will impact approximately 50 employees out...Read More