Update on WEMIX$ Security Issue and Response Measures
The abnormal transactions involving WEMIX$ and have taken immediate emergency measures to protect user assets and prevent further impact. Investigation and asset tracking are actively underway.
Full Announcement:
https://t.co/cTA0KhZJ1y
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quote: ⚠️GoPlus Security Alert:
The Korean stablecoin project @WemixNetwork was exploited, suspected to be caused by the compromise of the minting contract administrator account, resulting in the malicious issuance of approximately 5.22 million WEMIX$ stablecoins. The actual value of assets exchanged and transferred was approximately $730K, primarily in USDC.
WEMIX is a blockchain ecosystem backed by Wemade, a publicly listed South Korean gaming company. The project team has currently suspended related cross-chain and trading services. | Update on WEMIX$ Security Issue and Response Measures
The abnormal transactions involving WEMIX$ and have taken immediate emergency measures to protect user assets and prevent further impact. Investigation and asset tracking are actively underway.
Full Announcement:
https://t.co/cTA0KhZJ1y
85·AShort
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news7/27news
⚠️GoPlus Security Alert:
The Korean stablecoin project @WemixNetwork was exploited, suspected to be caused by the compromise of the minting contract administrator account, resulting in the malicious issuance of approximately 5.22 million WEMIX$ stablecoins. The actual value of assets exchanged and transferred was approximately $730K, primarily in USDC.
WEMIX is a blockchain ecosystem backed by Wemade, a publicly listed South Korean gaming company. The project team has currently suspended related cross-chain and trading services.
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@Cointelegraph BREAKING: The exploiter is the first documented WEMIX user ever
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reply @Cointelegraph BREAKING: The exploiter is the first documented WEMIX user ever
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WEMIX Contract Owner Privileges Compromised, $6.25M in Tokens Illegally Minted and Transferred
WEMIX, the blockchain ecosystem backed by South Korean listed gaming company Wemade, confirmed a security incident involving its smart contract.
The company said an attacker obtained owner privileges on July 26, enabling approximately $6.25 million worth of WEMIX tokens to be abnormally minted and transferred. WEMIX has identified the related addresses and is working with exchanges and blockchain security firms to trace the funds, with potential law enforcement involvement if necessary.
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WEMIX Contract Owner Privileges Compromised, $6.25M in Tokens Illegally Minted and Transferred
WEMIX, the blockchain ecosystem backed by South Korean listed gaming company Wemade, confirmed a security incident involving its smart contract.
The company said an attacker obtained owner privileges on July 26, enabling approximately $6.25 million worth of WEMIX tokens to be abnormally minted and transferred. WEMIX has identified the related addresses and is working with exchanges and blockchain security firms to trace the funds, with potential law enforcement involvement if necessary.
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news7/27news
WEMIX Contract Owner Privileges Compromised, $6.25M in Tokens Illegally Minted and Transferred
WEMIX, the blockchain ecosystem backed by South Korean listed gaming company Wemade, confirmed a security incident involving its smart contract.
The company said an attacker obtained owner privileges on July 26, enabling approximately $6.25 million worth of WEMIX tokens to be abnormally minted and transferred. WEMIX has identified the related addresses and is working with exchanges and blockchain security firms to trace the funds, with potential law enforcement involvement if necessary.
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COINTELEGRAPH: WEMIX says attacker moved about $724,000 after contract breach
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Regarding the WEMIX$ Security Issue and Ongoing Investigation