On Sunday, Hong Kong’s cryptocurrency firm Mixin revealed a security breach resulting in the theft of approximately $200 million by hackers.
“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,” the company wrote on X, formerly Twitter.
“Deposit and withdrawal services on Mixin Network have been temporarily suspended. After discussion and consensus among all nodes, these services will be reopened once the vulnerabilities are confirmed and fixed.”’
The company said it had have contacted Google and blockchain security company @SlowMist_Team to assist with the investigation. After initial verification, the funds involved are approximately US$200 million, said Mixin.
“We will summarize the content in English afterward for easy reference. We will try our best to minimize the losses and deeply apologize for this. Thank you, everyone, for your continuous support,” said the company.