[Announcement] Regarding XIN Trading Anomaly and Temporary Suspension (Jul 16, 2025)

Dear Users,

We regret to inform you that on the early morning of July 16, Bigone exchange suffered an attack, resulting in the abnormal transfer of some platform assets, including approximately 20,000 XIN tokens. After the transfer, the hacker immediately sold these XIN tokens, causing an abnormal fluctuation in the price of XIN in the short term.

Rest assured, Mixin Network and XIN token have not been affected, and the Mixin Network remains secure and stable. Your assets are not at risk.

To protect the interests of XIN users, the Mixin team has promptly suspended liquidity from the affected exchange and taken measures to mitigate the situation. Once Bigone identifies the issue and resumes trading, we will contact our market makers to restore the liquidity of XIN.

As liquidity has been temporarily withdrawn, XIN trading is currently unavailable. If you have already submitted an order through Mixin Route, your order will be refunded to your Mixin wallet shortly.

For more detailed information, you can refer to Bigone Exchange's Announcement on the Security Incident on July 16.

We sincerely apologize for any inconvenience this may cause and appreciate your understanding and support. Please stay tuned to Mixin announcements for further updates.

Mixin Team

Updated on: 16/07/2025