• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Mixin presents hackers a $twenty million bug reward

September 27, 2023
in Crypto News
0
191
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Mixin Network sent an on-chain message to the attacker, giving $twenty million if he returned the stolen $200 million.

Mixin offers hackers a 20 million bug rewardMixin presented the attacker a reward of twenty million bucks

Related articles

Hong Kong cryptocurrency exchange Hounax scammed users out of $15.4 million

Hong Kong cryptocurrency exchange Hounax scammed consumers out of $15.four million

November 27, 2023
Binance Labs invests $3.15 million in Open Campus, EDU builds columns

Binance Labs invests $three.15 million in Open Campus, EDU builds columns

November 27, 2023

Mixin Network, a cross-chain task that not too long ago reported an exploit that threatens up to $200 million in damages, sent on-chain messages with the goodwill of hoping that the attacker will return the funds, along with the proposal to pay out twenty million bucks as a reward for the bug.

From @MixinKernel to the Mixin Network Exploiter: “…You can keep $20 million in resources as a BUG Bounty reward for the BUG…” https://t.co/Zb9H43uYXA pic.twitter.com/DDHCpKzGbB

— PeckShield Inc. (@peckshield) September 27, 2023

The message that Mixin sent to the attacker is the following:

“Most assets belong to customers. We hope you can refund them. You can hold $twenty million in assets as a bug bounty. Please get in touch with us at [email protected] particular for much more specifics.

In today’s up to date submit (September 27), Mixin explained Actual losses have been not as important as estimated:

“We have finished the asset stock and the predicament is considerably much more optimistic than anticipated. The harm was not as important as estimated. Once once more we remind absolutely everyone to stay away from producing transactions, industry makers, and so on. on Mixin Network to stay away from pointless losses.

[Update]
The initially time the incident occurred, we contacted Google (Mandiant) and the blockchain safety business @SlowMist_Team to aid in the investigation.

After various days, we have finished most of the resource evaluation perform and the predicament is considerably much more optimistic than… https://t.co/ySOHCkGK7t

— MixinKernel (@MixinKernel) September 27, 2023

As Coinlive constantly reported, Mixin founder Feng Xiaodong all through an AMA on September 25th Confirmed reduction of at least half of the user’s residence.

Additionally, Feng explained the workforce is contemplating issuing “bond tokens” to impacted customers and strategies to acquire back these tokens. The that means is very similar to the approach of “spending one’s money” to acquire compensation.

With a reduction of at least $one hundred million, Mixin is even now between the greatest attacks of 2023, getting previously incorporated Euler ($197 million), Multichain ($128 million), Atomic Wallet ($one hundred million) .

Mixin’s XIN token fell 33% in a seven-day time period due to the assault.

1695817370 5 Mixin offers hackers a 20 million bug rewardMixin Combine token selling price fluctuations in excess of the final seven days. Source: CoinMarketCap (September 27, 2023)

Coinlive compiled

Maybe you are interested:

Join the discussion on the hottest problems in the DeFi industry in the chat group Coinlive Chats Let’s join the administrators of Coinlive!!!

Tags: bugHackersmillionMixinmixingoffersreward
Share76Tweet48

Related Posts

Bitcoin extends losses on U.S. tariff shock ETF outflows

Bitcoin extends losses on U.S. tariff shock, ETF outflows

by shark
February 25, 2026
0

Flow data shows Bitcoin ETF outflows, tariff shock, crypto winter weighing on liquidity and sentiment, with 60,000-61,500 support and 63,800-64,300...

Bitcoin extends drop as ETF outflows signal 5th monthly loss

Bitcoin extends drop as ETF outflows signal 5th monthly loss

by shark
February 24, 2026
0

According to flow data, Bitcoin ETF outflows, fifth straight monthly loss, support at $58,000 frame markets as $4.5B leaves US...

Apple assesses Taiwan chip risk as CIA flags 2027 move

Apple assesses Taiwan chip risk as CIA flags 2027 move

by shark
February 24, 2026
0

2027 Taiwan invasion, CIA 2023 briefing, semiconductor supply chain risk: Analysts link the CIA warning to U.S. remarks and TSMC...

Bitcoin dips as Saylor says it’s ‘on sale’; MSTR issuance

by shark
February 24, 2026
0

Michael Saylor says Bitcoin is on sale, MSTR premium to NAV, preferred stock issuance - analysis of equity and preferred...

Bitcoin tests support as 10 day RSI oversold ETF flows eyed

Bitcoin tests support as 10-day RSI oversold, ETF flows eyed

by shark
February 24, 2026
0

Data shows Bitcoin RSI oversold, MVRV ratio, spot Bitcoin ETF flows align with stress near $60k; analysts cite mixed inflows...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Bitcoin extends losses on U.S. tariff shock, ETF outflows
  • Bitcoin extends drop as ETF outflows signal 5th monthly loss
  • Apple assesses Taiwan chip risk as CIA flags 2027 move
  • Final Hours For BlockDAG’s $0.00125 Entry Price Offering 40× Potential! Zcash & Pi Network Bearish in 2026
  • Bitcoin dips as Saylor says it’s ‘on sale’; MSTR issuance
  • Bitcoin tests support as 10-day RSI oversold, ETF flows eyed
  • Bitcoin benefits as Brazil waives ASIC duty through 2028
  • RWA tokenization advances as HashKey Chain debuts in HK
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7