Mixin Network has suspended deposits and withdrawals after suffering a hack involving USD 200 million in crypto assets, the decentralised wallet service provider posted on X, formerly Twitter. According to blockchain security firm SlowMist, which is assisting Mixin in the investigation, the breach was caused by a compromise in the project’s cloud service provider’s database. "Regarding how to deal with the lost assets, the Mixin team will announce the solution afterward. Mixin founder Feng Xiaodong will explain this incident in a public Mandarin livestream at 13:00 HKT on September 25, 2023," the entity said. Stake.com Crypto Heist: Hackers Dupe Cryptocurrency Gambling Platform of USD 41 Million To Fund Nuclear Programs of North Korea.

Mixin Network Hacked

Mixin Issues Statement:

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