North Korea Suspected in Massive Hack of DeFi Project Mixin (1)

The massive breach of a decentralized finance project bears the hallmarks of a North Korean attack, according to a senior White House official.

Mixin Network, which helps blockchains handle transactions more efficiently, said it had lost less than $150 million in a late-September attack. Originally the company estimated it lost $200 million but reduced it after a final inspection.

“The tradecraft appears to be the same kind of tradecraft we’ve seen from the DPRK previously,” Anne Neuberger, deputy national security adviser for cyber and emerging technology, told Bloomberg News in an interview, referring to North Korea by its official ...