Last week saw various negative events in the world of cryptocurrency. The latest round-up for everything related to the blockchain and digital assets is here on Tech Times' CryptoWatch, with the top news from last week centering on the $200 million worth of cryptocurrency stolen by hackers.
This week: Mixin Network investigated a $200 million hack, Web3 lost $889 million to hacks, phishing scams and rug during the third quarter, hackers stole $8
Mixin Network, a prominent decentralized cross-chain protocol, communicated with the individual responsible for the recent $200 million breach, proposing a $20 million reward in exchange for the restitution of the pilfered funds.
Mixin is yet to offer full details about what led to the exploit but an on-chain analytic platform highlighted a history of the hacker's interactions with Mixin Network.