Mixin, a fast crypto network, was hacked in September 2023, resulting in approximately $200 million in losses.
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Mixin is marketed as a free and extremely fast peer-to-peer network for digital asset transactions. Using Directed Acyclic Graph (DAG) and Byzantine Fault Tolerance (BFT) protocols, Mixin aims to enable other blockchains to reach trillions of transactions per second, provide confirmation times under a second, eliminate transaction fees, improve privacy, and allow for unlimited scalability. On September 23, 2023, in Hong Kong time, hackers attacked Mixin Network's cloud service provider's database, resulting in the loss of some assets on the mainnet. The estimated value of affected assets is approximately US$200 million.
As of now, Mixin is trading at 105.090886 USD, with a 24-hour trading volume of approximately 0 USD. The XIN to USD price is updated in real time. Over the past 24 hours, Mixin has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 76.72M USD. Currently, there are 730 000 XIN in circulation out of a maximum supply of 1 000 000 XIN.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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