Mixin Network temporarily suspended deposit and withdrawal services, the company said today.
in a separate post that the Mixin Network cloud service provider database was attacked on Saturday.
"After discussion and consensus among all nodes, these services will be reopened once the vulnerabilities are confirmed and fixed. During this period, transfers are not affected," Mixin said, adding that its founder Feng Xiaodong will explain the exploit at a livestream in Mandarin at 3 p.m. Hong Kong time today.
XIN, Mixin’s token, fell sharply this morning following the announcement — down some 8% at the time of writing to $195,© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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