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News - Hackers steal $200 million from Mixin network
The attackers targeted the cloud provider and made off with a fat haul.
Mixin has been hacked. It made the DeFi-network announced today on Twitter. The attack took place on Sept. 23, 2023.
[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
The hackers' target: the cloud provider's database. The loot: about US$200 million.
The corresponding token dropped 10% after the hack was announced.
Investors also raised $30 million from the network. According to DeFiLama, the TVL now stands at $352 million.
Mixin is a network on Ethereum. It was founded in 2017.
It says it processes transactions in less than a second and at no cost. It includes a wallet and various apps, including for DeFi.
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