- Compromise in cloud service provider’s database led to breach
- Project expected to give details in a livestream later today
The Mixin Network website.
Decentralized finance project Mixin Network has suspended deposits and withdrawals after suffering a hack involving $200 million in crypto assets, the entity said through a post on X, the firm previously known as Twitter.
The breach was caused by a compromise in the project’s cloud service provider’s database, according to blockchain security firm SlowMist, which is assisting Mixin in the investigation.
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