US$200 million was stolen from Mixin. Someone’s fixed investment in BTC may be reset to zero.

CryptoLola
Coinmonks

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The bear market continues to deepen. There are no out-of-market projects in the market, there are no airdrops in interactions, and the contracts have not skyrocketed or plummeted. Most people are lying down and waiting; but hackers are very active, and many wallets have been hacked recently, resulting in huge losses.

In the past two days, it has been revealed that the well-established project Mixin was hacked. The Mixin Network cloud service provider database was hacked, resulting in the loss of some assets on the main network, especially the core Bitcoin assets. The funds involved were approximately US$200 million.

The gameplay of Mixin is that users exchange assets for BTC and other tokens in the Mixin ecosystem. Users do not have the private key and only manage their accounts through mobile phone numbers + pin codes.

If you want to withdraw coins or other operations, you need to go through the platform customer service and then perform the corresponding operations; if the platform stops operating, runs away, or is hacked, the website cannot be opened and the assets are lost.

Mixin Network was hacked and lost $200 million

It is reported that Mixin is also one of the projects invested by Li Xiaolai. Many people started investing after reading his “Let Time…

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CryptoLola
Coinmonks

I am a content creator, a self-media. I mainly focus on NFTs, Metaverse, Blockchain, etc.