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“Yesterday, following a careful evaluation of the situation and consultation with advisors, legal counsel, and law enforcement, the decision was made to temporarily transition the THORSwap interface into maintenance mode,” THORSwap developers said in a tweet. Original Source
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This week, crypto markets were in turmoil. Justin Sun’s HTX and Mixin Network fell victim to hacks. Binance left Russia while MicroStrategy augmented its BTC stash. A flurry of hacks and scams The crypto scene witnessed a slew of security breaches and developments around scams throughout this week. Crypto exchange Upbit
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Mixin Network, a decentralized cross-chain protocol, in a message to the hacker behind the $200 million exploit on Sept. 23, has offered a $20-million bug bounty for the return of the remaining funds.Mixin Network encrypted the message with the exploiter transaction, requesting the exploiter to return the funds as the majority
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Justin Sun, HTX (former Huobi) advisory board member, introduced the SAFU fund after the platform had suffered a $8 million security breach. According to his tweet, the platform team introduced the SAFU fund in order to always be prepared for losses that may arise due to problems with the security of
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According to Sun, all customer funds are safe as the ETH stolen via the hack is only two weeks’ worth of the average HTX revenue. Justin Sun has announced on X (formerly Twitter) that crypto exchange HTX (formerly Huobi) suffered a hack in which the hackers made away with 5,000 Ether (ETH), worth
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HTX, formerly Huobi, has been hacked with the total loss totaling 500 ether (ETH) worth around $8 million, according to HTX advisor and Tron founder Justin Sun. Source
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Mixin Network immediately suspended the deposits and withdrawals stating that they would soon announce their decision to deal with the lost assets. Earlier today, the decentralized finance (DeFi) project Mixin Network announced the suspension of all deposits and withdrawals after losing $200 million in crypto assets in a recent hack.
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Decentralized peer-to-peer network Mixin Network has lost approximately $200 million in a hack involving the compromise of the database of a third-party cloud service provider.On Sept. 25, Mixin Network confirmed that a hack on Sept. 23 drained approximately $200 million worth of crypto assets from its mainnet. An immediate suspension
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Mixin Network is a protocol designed to address blockchain scalability issues – at the expense of having a centralized database. Original Source
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CoinEx, which reportedly lost $70 million in crypto to North Korean hackers, plans to restore deposits and withdrawals for several tokens including Bitcoin (BTC) and Ether (ETH) on Sep. 21. The crypto exchange announced the reconstruction and deployment of a new wallet system set for Thursday, Sep. 21, 2023, at 8:00
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