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WEMIX Stablecoin Hacked, Approximately $6.25 Million WEMIX$ Abnormally Outflowed

2026.07.27 - 01:06
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TechFlow News, July 27. According to reports from "Digital Asset", South Korean blockchain platform WEMIX released an official announcement on July 27, admitting that a security incident occurred involving its stablecoin WEMIX$ (WEMIX Dollar) smart contract. The incident occurred on July 26 at 6:18 PM, when the owner permissions of the WEMIX$ smart contract were hijacked, resulting in approximately $6.25 million (approximately 87 million KRW) worth of WEMIX$ being abnormally minted and transferred to external addresses. WEMIX stated that it has currently identified the addresses suspected of being used in the attack and is conducting on-chain tracking, while collaborating with major exchanges and blockchain security agencies to monitor the flow of stolen assets, and will cooperate with law enforcement agencies if necessary.

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