BREACH

Summary from the TLDR Crypto newsletter

The Mixin Network, a crypto project offering a wallet for cross-chain asset transfers and a decentralized exchange, was hacked, exposing up to $200m in potential losses. Deposit and withdrawal services were suspended to stop any bad actors from acting on the exploit. The incident is being investigated with assistance from Google and SlowMist. It has raised questions about the network's centralization, specifically around its reliance on its cloud service provider.