On July 26, an attacker exploited owner privileges in WEMIX's stablecoin contract to mint about 5.23 million unauthorized WEMIX$ tokens, worth roughly $724,000 in converted assets. WEMIX responded by suspending bridges, liquidity pools, and related services while working with exchanges to freeze suspect funds and trace transactions. The breach occurred amid WEMIX's transition from WEMIX$ to USDC.e stablecoin services and follows a similar 2025 hack. The company is investigating the cause and has not disclosed full recovery details or whether user balances were affected. Further updates are expected as the investigation continues.
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, a blockchain gaming platform, suspended its bridge services and decentralized exchange trading after an attacker exploited a linked contract, stealing about $724,000 in USDC.e tokens. This is the second major security breach for WEMIX, followi...
WEMIX disclosed a security breach where its contract ownership was compromised, leading to the illegal minting of over 5.22 million tokens. This incident raises concerns about token supply inflation and potential market impact, though no price effect...
WEMIX, a South Korean blockchain gaming platform, is investigating a potential security breach involving the ownership of its USDC-backed stablecoin contract, WEMIX$. This comes months after a major hack in February 2025 that drained $6.1 million wor...
