WEMIX says attacker moved about $724,000 after contract breach

CoinTelegraph·

WEMIX says attacker moved about $724,000 after contract breach

60-second summary

WEMIX is suspending bridges, liquidity-pool trading, and several services after an attacker compromised a WEMIX$-linked contract and moved approximately $724,000 in USDC. The attacker exploited a vulnerability to breach the contract, allowing them to transfer funds. WEMIX is working to rectify the situation, which may impact investor confidence in the platform and the broader DeFi market.

WEMIX suspended bridges, liquidity-pool trading and several services after an attacker compromised a WEMIX$-linked contract and moved 724,198 USDC.e.