WEMIX has confirmed a security incident involving compromised smart contract owner permissions, which allowed an attacker to mint and move tokens worth about $6.25 million. According to Techub News, citing WuBlockchain, the exploit was carried out after the attacker obtained owner-level control over the contract. The team has acknowledged the breach and said an investigation is now underway. It has not disclosed any progress on fund recovery so far. WEMIX also said it is still assessing the scope of the impact and advised users to watch for follow-up statements through official channels for the latest response measures.
WEMIX has confirmed a security incident after owner permissions tied to one of its smart contracts were compromised, allowing an attacker to illegally mint and transfer tokens worth about $6.25 million.
According to Techub News, citing WuBlockchain, the attacker carried out the exploit by obtaining the contract owner’s authority. The WEMIX team said it has verified the incident and opened an investigation.
The project has not disclosed any recovery progress for the stolen funds. It said it is evaluating the full scope of the incident’s impact and advised users to follow official announcements for updates on response measures.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
