Mixin: $200 Million Hack

Mixin Network, also referred to as Mixin, is a decentralized network provider that specializes in managing and transferring digital assets like bitcoin, etc. Founded in 2017, Mixin Limited is the parent company that provides messaging and cryptocurrency transfer services to users globally.

According to a recent post by the company, the cloud service provider that powers Mixin’s network was breached by hackers who stole about $200 million USD. Deposits and withdrawals have been suspended on the platform as investigations are ongoing.