The post Mixin Network Halts Deposit and Withdrawal After Cyber Attack! appeared first on Coinpedia Fintech News
The deposit and withdrawal services on Mixin Network, a cryptocurrency wallet solution, have been temporarily suspended after a cyber attack on its cloud service provider database, which involved around $200 million of funds. Transfers are not affected, and the Mixin team will announce a solution for lost assets in due course. Mixin, which is invested in and promoted by the well-known Chinese KOL Li Xiaolai, supports 48 public chains and has total network assets exceeding $1 billion. The services will be reopened once the vulnerabilities are confirmed and addressed.
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