Wemix Suffers $6.25M Token Minting AttackSouth Korea's Wemade-backed WEMIX says an attacker compromised owner privileges on one of its smart contracts, leading to the illegal minting.This led to the transfer of about $6.25 million in tokens, per Digital Asset.The blockchain platform has identified the related wallet addresses and is working with exchanges and blockchain security firms to trace the stolen funds. It added that law enforcement action remains on the table if needed.WEMIX (@WemixNetwork):Update ...

🚨 UPDATE: WEMIX suspends bridges and trading after an attacker breached a linked contract and moved roughly $724,000, freezing funds and pausing services network-wide. https://t.co/qK3OupL6XL ...

WEMIX Contract Owner Privileges Compromised, $6.25M in Tokens Illegally Minted and TransferredWEMIX, 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 t ...