Billions of Shiba Inu (SHIB) worth almost half million dollars on move by Hong Kong crypto start-up Mixin Network after $200 million hack
, valued at $448,000, were transferred to a new wallet. Remarkably, there are now no Shiba Inu tokens remaining in the old Mixin addresses, and their collective balance sits at $1.12 million. Meanwhile, the new address already boasts a portfolio valued at no less than $13.7 million.
As the investigation unfolds, Mixin Network has made an unprecedented offer to the hackers. In a bid to reclaim the stolen funds, the network is willing to pay out a reward of $20 million, acknowledging the presence of a vulnerability in what was supposed to be a"decentralized" blockchain.
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