Mixin Network

lazarus.day

Mixin Network disclosed that hackers attacked the database of its cloud service provider in the early morning of September 23, 2023 Hong Kong time, causing losses of mainnet assets and prompting a temporary suspension of deposits and withdrawals. Follow-on blockchain analysis reported large flows from Mixin wallets into exploiter addresses, including ETH, BTC, USDT and DAI movements, with publicly shared estimates describing roughly $200 million in losses and at least $144 million still held by exploiter addresses at the time of analysis.

CFR Cyber Operations Tracker

Hong Kong–based cryptocurrency exchange Mixin said North Korea hackers stole over $200 million in cryptocurrency after breaching Mixin’s cloud service provider.

Mendeley Data: Collection of DPRK state-sponsored threat actors' activities v2 (Lyu, Sungkyunkwan Univ.)

Reported: 2023-09; Victims: Mixin Network; Motivations: FinancialGain; Sectors: Cryptocurrency; Countries: Hong Kong

This case has many of the hallmarks of a Lazarus heist, who have been plenty busy lately . If it does turn out to be Lazarus, the funds will soon be getting a good Mixin’