Hong Kong crypto firm Mixin hit by $200-million hack

News Snapshot:

Hackers stole around $200-million from crypto firm Mixin early on Saturday, the company said on social media platform X on Monday, in what researchers say is the largest crypto theft so far this year. Mixin, which lists its location on LinkedIn as Hong Kong, said the database of its network’s cloud service provider was “attacked by hackers, resulting in the loss of some assets” and that “the funds involved are approximately US$200-million.” Mixin describes itself as a network for transferring digital assets. It has one million users, according to its website. It said on X, formerly known as Twitter, that...