The WEMIX contract ownership was compromised; the attacker minted 5,225,525 WEMIX without authorization, then exchanged them for 30,736 WEMIX and 724,198.27 USDC.e. The stolen USDC.e was transferred via bridges to Ethereum and BSC, converted into assets such as ETH and USDT, and partially deposited into centralized exchanges. The WEMIX team is requesting the freezing of the attacker’s wallet funds from exchanges and stablecoin issuers, and is conducting a comprehensive review with external experts.
WEMIX Contract Hacked: 5,225,525 WEMIX Minted and Transferred
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Summary
A WEMIX smart contract was compromised, enabling an attacker to mint 5,225,525 WEMIX tokens. The attacker exchanged these tokens for 30,736 WEMIX and 724,198.27 USDC.e, which were transferred to Ethereum and BSC and converted into ETH and USDT. Some assets were deposited on centralized exchanges. The WEMIX team is collaborating with exchanges and stablecoin issuers to freeze the affected wallets and has engaged external experts to conduct a full investigation. This incident underscores the critical importance of contract security in blockchain projects.
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