Mixin Network Halts Deposit and Withdrawal After Cyber Attack!

Writer: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

Sep 25, 2023 9:39

The deposit and withdrawal providers on Mixin Community, a cryptocurrency pockets answer, have been quickly suspended after a cyber assault on its cloud service supplier database, which concerned round $200 million of funds. Transfers are usually not affected, and the Mixin crew will announce an answer for misplaced property sooner or later. Mixin, which is invested in and promoted by the well-known Chinese language KOL Li Xiaolai, helps 48 public chains and has complete community property exceeding $1 billion. The providers can be reopened as soon as the vulnerabilities are confirmed and addressed.