WEMIX, a blockchain gaming platform, suspended its bridge services and decentralized exchange trading after an attacker exploited a linked contract, stealing about $724,000 in USDC.e tokens. This is the second major security breach for WEMIX, following a $6.2 million token theft in February 2025. The recent hack occurred during WEMIX's transition from its native stablecoin WEMIX$ to USDC.e, a process involving complex liquidity changes that may have introduced vulnerabilities. Investors are now concerned about when services will resume and whether further losses will be uncovered during ongoing investigations.
Wemix suffered a smart contract exploit where attackers minted over 5.2 million unauthorized tokens and moved approximately $724,000 worth of assets across multiple blockchains. This led to the suspension of all bridges connected to its network, halt...
WEMIX disclosed a security breach where its contract ownership was compromised, leading to the illegal minting of over 5.22 million tokens. This incident raises concerns about token supply inflation and potential market impact, though no price effect...
WEMIX, a South Korean blockchain gaming platform, is investigating a potential security breach involving the ownership of its USDC-backed stablecoin contract, WEMIX$. This comes months after a major hack in February 2025 that drained $6.1 million wor...
