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Mixin Network offers $20M bug bounty to hackers in $200M hack

Published 09/27/2023, 04:53 AM
Updated 09/27/2023, 06:40 AM

Mixin Network, a decentralized cross-chain protocol, in a message to the hacker behind the $200 million exploit on Sept. 23, has offered a $20-million bug bounty for the return of the remaining funds.

Mixin Network encrypted the message with the exploiter transaction, requesting the exploiter to return the funds as the majority of the stolen funds were user assets.

Bridge exploits account for more than 50% of DeFi losses. Source: Token Terminal

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