Data leak [loss] $6M+

"Wemix says delay in disclosing $6.2 million hack was to prevent panic: report"

2025-02-28 [vendor] Wemix Foundation
Primary Source ↗
Financial Loss $6.2M (6,200,000 USD)

Incident Details

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.

Total loss estimated at $6,200,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
Wemix Foundation

Timeline

  1. 2025-02-28 Breach occurred
  2. 2025-02-28 Publicly disclosed