A wallet linked to the 2023 Mixin Network hack transferred $3.85 million in Ethereum to a new wallet, which then sent the funds to the coin mixer Tornado Cash. The Mixin hack resulted in a loss of approximately $200 million and remains one of the largest cross-chain infrastructure breaches this year. Despite the exploit, Mixin Network continues operations with over $1 billion in assets and has committed to compensating affected users partially through stablecoins and tokenized debt claims.

#ETH