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The Mixin Network attack depletes mainnet assets by $200 million.

The Mixin Network attack depletes mainnet assets by $200 million.

The Mixin Network has temporarily halted all deposits and withdrawals, with plans to reinstate these services once vulnerabilities are identified and rectified. This decentralized peer-to-peer network recently experienced a staggering loss of approximately $200 million due to a breach that involved the compromise of a third-party cloud service provider’s database.

On September 25th, Mixin Network officially confirmed the occurrence of this hack, which transpired on September 23rd and resulted in the depletion of roughly $200 million in cryptocurrency assets from its mainnet. In the wake of this revelation, the Mixin Network promptly suspended all deposit

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