The blockchain gaming platform WEMIX suffered a hack that lost about $6.22 million at the end of February

CoinVoice recently learned that WEMIX, a blockchain gaming platform owned by South Korea-listed game company Wemade, disclosed a hacking incident on March 4, saying: "On February 28, 2025, about 8,654,860 WEMIX tokens were abnormally withdrawn due to a malicious external attack on Play Bridge Vault. WEMIX SAID IT HAD TAKEN IMMEDIATE ACTION TO PREVENT FURTHER DAMAGE, COOPERATED WITH LAW ENFORCEMENT, AND TRACKED DOWN THE ATTACKERS. On March 13, the WEMIX Foundation executed 20 million WEMIX tokens to mitigate the market impact.

In addition, according to Yonhap News Agency today, Wemix caused losses of about 9 billion won (about $6.22 million) in the hacking incident on February 28. In response to accusations that its announcement was delayed, the Wemix Foundation stressed that "there has never been an idea or attempt to conceal a hack." According to a representative of the Wemix Foundation, "As soon as the hack was discovered on February 28, we immediately shut down the affected servers and began a detailed analysis. On the same day, we submitted an indictment against the unidentified attacker to the Cyber Investigation Division of the Seoul National Police Agency, which is currently under investigation by the National Bureau of Investigation. In a situation where the method of compromise has not yet been determined, a hasty announcement could expose you to the risk of further attacks, so no immediate announcement was made. With most of the stolen assets already being sold, market impacts have already occurred, and there is no guarantee that there will be no further risks, which could trigger panic in the market if announced immediately. [Original link]