Mixin Network Loses Up to $200 Million in Assets After Hackers Attack Database

Mixin Network suffered a security breach resulting in up to $200 million in lost assets.
Hackers attacked the cloud service provider's database on September 23.
Deposits and withdrawals have been temporarily suspended.
The network plans to reopen services after discussion and consensus among nodes.
Founder Feng Xiaodong will explain the incident in an upcoming livestream.

decrypt.co

Relevant topic timeline:

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.