WEMIX Hacked Again: Attacker Mints Millions in Free Tokens and Walks Away With $724K

TLDR

• An attacker gained owner-level control of a WEMIX$ stablecoin contract on July 26 and minted 5.23 million tokens without authorization.
• The minted tokens were converted into 30,736 WEMIX and 724,198 USDC.e before being bridged to Ethereum and BNB Smart Chain.
• WEMIX suspended all bridges, liquidity pools, and related services including the PNIX exchange and WEMIX$ Module.
• Several exchanges froze linked addresses after WEMIX requested emergency assistance.
• The breach comes just over a year after a 2025 hack that cost WEMIX roughly $6 million and led to delistings on major South Korean exchanges.

On July 26, blockchain gaming network WEMIX confirmed that an attacker had taken control of owner privileges linked to its WEMIX$ stablecoin contract. The breach began at approximately 9:17 UTC.

JUST IN: WEMIX suspends bridge services and wemix-token:native trading after an attacker exploited a linked smart contract, stealing approximately $724,000. The network has frozen affected funds and paused key services while the investigation continues. pic.twitter.com/2KUPwTgOd3

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