During a press conference held yesterday, WEMIX's CEO Kim Seok-Hwan confirmed the incident occurred on February 28, 2025, explaining that the delay in issuing a public announcement wasn't an attempt to cover it up, but rather a conscious choice to protect players from additional losses. The WEMIX ecosystem includes its own cryptocurrency, WEMIX token, and integrates blockchain technology into gaming, offering play-to-earn (P2E) models, NFT-based ownership, and decentralized finance (DeFi) features. Blockchain gaming platform WEMIX suffered a cyberattack last month, allowing threat actors to steal 8,654,860 WEMIX tokens, valued at approximately $6,100,000 at the time. It's also worth noting that the Digital Asset Exchange Alliance (DAXA) designated WEMIX as an "investment caution" asset and suspended deposits, a decision WEMIX plans to appeal. Wemade is best known for its hit title, "The Legend of Mir," but since the release of WEMIX, it has focused on blockchain-integrated titles that draw inspiration from the old game. Bill Toulas Bill Toulas is a tech writer and infosec news reporter with over a decade of experience working on various online publications, covering open-source, Linux, malware, data breach incidents, and hacks. The stolen WEMIX tokens were quickly laundered through cryptocurrency exchanges.
This Cyber News was published on www.bleepingcomputer.com. Publication date: Tue, 18 Mar 2025 14:15:19 +0000