Mixin Network hacked, loses $200M in crypto assets after cloud database breach

Mixin Network hacked, loses $200M in assets from cloud database breach
Funds drained included $94M ETH, $23M DAI, $23M BTC
Hacker linked to prior small transaction with Mixin in 2022
Deposits & withdrawals suspended; recovery plans not announced
Follows hacks of Vitalik Buterin's social media via SIM swap attack

cointelegraph.com

Relevant topic timeline:

9/25/2023

Mixin Network Suffers $200M Hack, Outlines Compensation Plan Using Tokenized Liability Claims

Mixin Network, a Hong Kong-based decentralized cross-chain transfer protocol, is facing controversy after suffering a $200 million hack, with plans to reimburse users up to 50% of their stolen assets.

9/25/2023

Crypto Platform Mixin Loses $200 Million in Major Hack

Hong Kong-based crypto company Mixin announced that hackers breached its cloud service provider and stole approximately $200 million, leading to the temporary suspension of deposit and withdrawal services while the vulnerabilities are fixed. The company has engaged the help of Google and SlowMist to investigate the incident. The hack on Mixin is the largest theft in the crypto world this year, surpassing the previous record set by Euler, a crypto lending platform.

10/2/2023

Crypto Exploits Cost Nearly $330M in September; Mixin Network Attack Accounts for Over Half

The Mixin Network cross-chain protocol accounted for almost two-thirds of the $329.8 million in crypto stolen in September, making it the worst month of 2023 for crypto-related exploits.