WEMIX says attacker moved about $724,000 after contract breach
WEMIX reported a security breach where an attacker gained control of a contract linked to its WEMIX$ stablecoin, issuing approximately 5.23 million unauthorized tokens. These were converted into 30,736 WEMIX and 724,198.27 USDC.e. The attacker bridged the USDC.e to Ethereum and BNB Smart Chain, swapping for assets like Ether and USDT, and distributed them across multiple addresses, with some funds deposited into centralized exchanges. WEMIX has identified the attacker's wallets, requested freezes from exchanges and issuers, and confirmed some addresses have been frozen. In response, the company temporarily suspended all bridges to its WEMIX3.0 network, affected liquidity pool trading, and services like the WEMIX$ Module and PNIX DEX. The cause, full impact, and final figures are under investigation.
cointelegraph07/27 09:42
