
Wemix suffered a smart contract exploit where attackers minted over 5.2 million unauthorized tokens and moved approximately $724,000 worth of assets across multiple blockchains. This led to the suspension of all bridges connected to its network, halting of affected liquidity pools, and pausing of key services to contain the breach. Wemix has identified the attacker’s wallet and is working with exchanges to freeze related funds. The investigation is ongoing, with potential changes to contract controls and service reactivation timelines expected.