Compromised owner contract just let hackers print 5.2 million WEMIX stablecoins out of thin air, forcing a complete network freeze
WEMIX said a compromise of owner-level control over a WEMIX$-related contract let an attacker mint about 5.23 million WEMIX$ outside the intended DIOS-only minting path. In response, WEMIX suspended all bridges to and from WEMIX3.0, including Chainlink CCIP and PLAY Bridge, along with several services such as WEMIX$ liquidity pools, the WEMIX$ Module, PNIX DEX, some game features, and NFT trading/bidding. WEMIX reported that the unauthorized WEMIX$ was converted into WEMIX and USDC.e, then bridged to Ethereum and BNB Smart Chain, swapped into assets like ETH and USDT, and spread across multiple addresses, with some funds later sent to centralized exchanges. WEMIX has not disclosed the exact breach path, a final loss estimate, or whether user balances were affected. It also said some exchanges froze attacker-linked addresses after outreach.
