Shiba

Ethereum

Million

Shiba Inu

Mixin

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In a startling turn of events,&nbsp;<a href="https://u.today/major-hack-mixin-network-loses-200-million" rel="noopener noreferrer nofollow">Mixin Network</a>, the Hong Kong-based peer-to-peer transactional network for digital assets, has made headlines as it grapples with the aftermath of a massive security breach. The incident, which has swiftly been dubbed the largest hack of 2023, saw the network's cloud service provider's database compromised, leading to losses amounting to approximately $200 million. 
According to data from Etherscan, the hacker's accounts now hold a staggering $142 million in assets, comprising 59,854 Ethereum (ETH) valued at $96.82 million, 23.55 million DAI and 891&nbsp;<a href="https://u.today/rich-dad-poor-dad-author-kiyosaki-issues-major-warning-get-money-out-of-banks-now" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a>. 
In response to the incident, Mixin Network swiftly initiated an asset inventory process. This audit extended to&nbsp;<a href="https://u.today/massive-1000-shiba-inu-shib-burn-rate-increase-hints-at-price-recovery" rel="noopener noreferrer nofollow">Shiba Inu</a> tokens, when a jaw-dropping 61.8 billion&nbsp;<a href="https://u.today/shiba-inu-shib-surpassed-by-chainlink-link-is-it-about-to-leave-top-20" rel="noopener noreferrer nofollow">SHIB</a>, valued at $448,000, were transferred to a new wallet. Remarkably, there are now no Shiba Inu tokens remaining in the old Mixin addresses, and their collective balance sits at $1.12 million. Meanwhile, the new address already boasts a portfolio valued at no less than $13.7 million. 
<img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="df8ad612-82f4-4841-b93d-f0528dfbdc1b" src="https://u.today/sites/default/files/inline-images/shibethscan.png">Source: <a href="https://etherscan.io/advanced-filter?fadd=0x4701698519e25081fd53521e1b22ded6775e865d&amp;tadd=0x4701698519e25081fd53521e1b22ded6775e865d&amp;txntype=2&amp;tkn=0x95aD61b0a150d79219dCF64E1E6Cc01f0B64C4cE" rel="noopener noreferrer nofollow">Etherscan</a> 
As the investigation unfolds, Mixin Network has made an unprecedented offer to the hackers. In a bid to reclaim the stolen funds, the network is willing to pay out a reward of $20 million, acknowledging the presence of a vulnerability in what was supposed to be a "decentralized" blockchain. 
Furthermore, there are speculations of the FBI's involvement in the case as there is a possibility that North Korean hackers are behind the audacious attack.

Shiba Inu Eyes Transfer of Billions of SHIB by Mixin Amid $200 Million Hack

U_Today

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