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Cryptocurrencies

Vietnam game developer hit by crypto heist raises $150m

Sky Mavis says resumption of withdrawals and deposits could take several weeks

Sky Mavis, with the help of Binance and other investors, is taking steps to limit damage from a major cryotocurrency theft. (Source photos by Reuters and courtesy of Sky Mavis) 
WATARU SUZUKI, Nikkei staff writer | Vietnam

TOKYO -- Sky Mavis, the Vietnam-based startup that suffered one of the largest cryptocurrency heists on record, on Wednesday said it raised $150 million in a funding round led by crypto exchange Binance.

The money will be used to reimburse user funds affected by the hack, the company said in a news release.

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