According to Planet Daily, after the Mixin Network cloud service provider database was attacked, Mixin founder Feng Xiaodong responded in a live broadcast that the damaged assets were mainly Bitcoin core assets, and assets such as BOX and XIN had not been seriously stolen. The specific details of the attack cannot be disclosed yet.
Regarding the stolen assets, the official said that currently the maximum compensation is 50%, and the remaining part will be compensated in the form of bond tokens, and the official will use profits to repurchase in the future. In addition, Feng Xiaodong said that Mixin will also launch a new system for user asset migration, but the assets that can be transferred are temporarily only half of the user's balance.
Earlier news, Mixin Network issued an announcement stating that in the early morning of September 23rd, Hong Kong time, the database of Mixin Network cloud service provider was hacked, resulting in the loss of some assets on the main network. Mixin Network has contacted Google and blockchain security company SlowMist to assist in the investigation. After preliminary verification, the funds involved are approximately US$200 million. Mixin Network deposit and withdrawal services have been temporarily suspended. After all nodes discuss and reach consensus, these services will be reopened once the vulnerability is confirmed and fixed. During this period, transfers will not be affected.
The Mixin team will announce a solution for how to deal with the lost assets later. Mixin founder Feng Xiaodong will explain the incident in a public Mandarin live broadcast this afternoon. Mixin will summarize the content in English afterwards for your reference. Mixin will do its best to reduce the losses and deeply apologize for this.