Cloud provider blamed for loss of 20% of exchange's capital
Mixin Network confirmd on Monday that it has"temporarily suspended" all deposit and withdrawal services after hackers broke into a database and stole about $200 million in funds from the Hong-Kong based cryptocurrency firm.posted on the social media platform formerly known as Twitter, the digital biz said the incident happened early Saturday morning, when"the database of Mixin Network's cloud service provider was attacked by hackers.
its role, and the amount stolen, in a separate social media post. And Google-owned Mandiant confirmed to"After discussion and consensus among all nodes, these services will be reopened once the vulnerabilities are confirmed and fixed," the Mixin statement promised."During this period, transfers are not affected. Regarding how to deal with the lost assets, the Mixin team will announce the solution afterward.
The crypto firm also noted that Mixin founder Feng Xiaodong will discuss the breach in a Mandarin livestream on Monday, which will be summarized in English after the broadcast. "We will try our best to minimize the losses and deeply apologize for this," the cryptocurrency exchange said.
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