Mixin Network Hack
- Centralized Exchange
Mixin Network cloud service provider is hacked, resulting in approximately $200M in losses from the decentralized network. Founder Feng Xiaodong stated that only about half of user assets could be guaranteed safe initially, with a plan to compensate the rest over time. The company also publicly offered the hacker a $20 million `bug bounty` reward for returning the funds.
Incident Details
- Type
- EXCHANGE HACK
- Funds Lost
- $200M
- Status
- Ongoing
Network suspended deposits/withdrawals; offered 10% bug bounty to attacker.