Mixin Network falls victim to $200 Million hack

A major security breach took place on a Sunday Night in Mixin Network, a decentralized cryptocurrency network, which resulted in a confirmed theft of $200 million.

The hack has raised concerns within the crypto community regarding the security of decentralized systems. Further details are yet to emerge about the nature and extent of the breach.

Mixin Network is known for its fast and secure transactions, but this incident has shaken confidence in the platform.

For more information:

[Announcement] In the early morning of September 23, 2023 Hong Kong time, the database of Mixin Network's cloud service provider was attacked by hackers, resulting in the loss of some assets on the mainnet. We have contacted Google and blockchain security company @SlowMist_Team…

— Mixin Kernel (@MixinKernel) September 25, 2023

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