WEMIX Hacked for $6.25 Million — Attacker Seizes Smart Contract Control, Mints $5.22M in Unauthorized Tokens
South Korean gaming giant Wemade's blockchain arm WEMIX was hit by a **$6.25 million security breach** — its second major hack in 18 months[reference:13]. An attacker gained **administrator privileges** over the WEMIX$ stablecoin smart contract on July 26, minting 5.22 million unauthorized tokens. The funds were swapped and laundered across Ethereum and BNB Smart Chain, with portions deposited into centralized exchanges. WEMIX responded by shutting down all bridges and freezing affected liquidity pools across the ecosystem. This follows a 2025 bridge exploit that drained $6.1 million in WEMIX tokens.
Risk reminder: Smart contract exploits remain a critical threat in DeFi — always exercise caution when interacting with protocols.
