Wemix Foundation bridge hacked for $6.2 million

The Wemix Foundation, which runs the blockchain gaming platform WEMIX, suffered a $6.2 million hack of their blockchain bridge. Although the hack occurred on February 28, the company did not disclose the theft until four days after the incident, leading some to accuse Wemix of attempting to cover up the hack. Wemix has denied those allegations, claiming that the delay was in hopes of preventing market panic, and to ensure they had time to patch any security vulnerabilities before publicly disclosing a breach. "Wemix says delay in disclosing $6.2 million hack was to prevent panic: report" , The Block

Mar 17, 2025 - 20:42
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Wemix Foundation bridge hacked for $6.2 million
A circle with a jagged line going through the middle, in a red to purple to blue gradient, followed by "Wemix" in black capitals

The Wemix Foundation, which runs the blockchain gaming platform WEMIX, suffered a $6.2 million hack of their blockchain bridge. Although the hack occurred on February 28, the company did not disclose the theft until four days after the incident, leading some to accuse Wemix of attempting to cover up the hack. Wemix has denied those allegations, claiming that the delay was in hopes of preventing market panic, and to ensure they had time to patch any security vulnerabilities before publicly disclosing a breach.