Menu

  • Alerts
  • Incidents
  • News
  • Cyber Briefing
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Tutorials

Useful Tools

  • Password Generator
No Result
View All Result
Tuesday, December 5, 2023
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
    • Cyber Briefing
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
Get Help
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
    • Cyber Briefing
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
Get Help
No Result
View All Result
CyberMaterial
No Result
View All Result
Home Incidents

Mixin Network Faces $200M Crypto Hack

September 26, 2023
Reading Time: 1 min read
in Incidents

Mixin Network, a peer-to-peer transactional network for digital assets, has taken the drastic step of suspending deposits and withdrawals after suffering a substantial $200 million hack. The breach occurred on September 23 and primarily targeted the database of Mixin’s cloud service provider.

Furthermore, this attack has left the platform’s users deeply concerned due to the significant loss of assets. While Mixin has committed to addressing the issues stemming from this breach, specific solutions have not yet been disclosed.

The stolen assets in this hack have been tracked by blockchain analysts, with approximately $141 million identified. The breakdown includes $93.5 million in ETH, $23.5 million in DAI (swapped from USDT), and $23.3 million in BTC. This incident ranks among the most significant cryptocurrency heists of the year and raises suspicions about the involvement of the Lazarus group.

Known for their expertise in crypto heists, this North Korean hacking group has been linked to various cryptocurrency breaches this year, totaling $240 million in stolen funds. However, as of now, there is no concrete evidence tying the Mixin hack to the Lazarus group.

References:
  • [Announcement] In the early morning of September 23, 2023 Hong Kong time the database of Mixin Network’s cloud service provider was attacked by hackers.
Tags: BlockchainBreachCloud SecurityCyber incidentCyber Incidents 2023CyberattackCybersecurityMixinSeptember 2023Vulnerabilities
ADVERTISEMENT

Related Posts

December 04, 2023 – Cyber Briefing

December 04, 2023 – Cyber Briefing

December 4, 2023
TrickBot Developer Convicted

TrickBot Developer Convicted

December 4, 2023
Google reduces ad personalization in AdSense

Google reduces ad personalization in AdSense

December 4, 2023
BlueVoyant Expands Cyber Capabilities

BlueVoyant Expands Cyber Capabilities

December 4, 2023
Chrome’s cache update may enhance speed

Chrome’s cache update may enhance speed

December 4, 2023
UK AI Data Bill Advances Despite Concerns

UK AI Data Bill Advances Despite Concerns

December 4, 2023

Latest Alerts

Turtle macOS ransomware alert

Attack extracts ChatGPT training data

CISA warns on Iranian cyber threat

Mac Users Targeted by Proxy Trojan Threat

New Backdoor Agent Racoon

Zyxel Alerts Critical Flaws in NAS

Subscribe to our newsletter

    Latest Incidents

    Surgery Center Alerts 437K on Data Theft

    Tipalti Hackers Threaten Data Leak

    Hacker Targets Safe Wallet, Stealing $2M

    Hackers breach Israeli hospital

    Credit Union Ransomware Outage Concerns

    Honey Birdette Faces Data Breach

    Next Post

    BORN Ontario Registry Breach

    • About Us
    • Contact Us
    • Legal and Privacy Policy
    • Site Map

    © 2023 | CyberMaterial | All rights reserved

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Briefing
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials

    Copyright © 2023 CyberMaterial

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist