WEMIX Reports $724,000 Moved After Contract Breach, Services Suspended
WEMIX has suspended multiple services following a contract compromise that resulted in the movement of 724,198 USDC.e.
An attacker reportedly moved approximately $724,000 in USDC.e after compromising a WEMIX$-linked contract, as reported by Cointelegraph. This incident led WEMIX to take immediate action to mitigate further risks.
Following the breach, WEMIX suspended several key operations. These included the suspension of bridges, liquidity-pool trading, and various other services, according to the Cointelegraph report. The company initiated these measures after the attacker successfully moved the digital assets.
The compromise involved a specific WEMIX$-linked contract, which allowed the unauthorized movement of funds. The total amount moved by the attacker was precisely 724,198 USDC.e, as detailed in the Cointelegraph summary.
Original reporting
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