Mixin Network encrypted the message with a bug bounty offer and asked the exploiters to return the funds because most of the stolen funds belonged to users.
“Most of our platform’s assets belonged to users, and we hope you can recover them. You can keep $20 million of the assets as a BUG Bounty reward.”
Mixin Network confirmed the exploitation on September 25, claiming that the exploiters managed to breach an external cloud service provider, leading to the theft of nearly $200 million in assets from the platform.
Mixin Network, a digital currency exchange platform, has announced a substantial $20 million reward for any hacker who can uncover details and individuals responsible for a $200 million hack that inflicted significant losses on the network.
The hacking incident dealt a severe blow to Mixin Network, impacting its credibility. With this generous reward offer, the network aims to incentivize hackers to collaborate in identifying the perpetrators and enhancing the network’s security.
This announcement comes in the context of increasing cyberattacks on digital currency platforms, underscoring the importance of collective efforts to safeguard these systems.