WEMIX hack: about 8.65 million coins worth 9 billion won stolen
WEMIX was hacked, and about 8.65 million coins worth about 9 billion won were stolen. The company pointed to the leak of material uploaded to a public repository by a worker in 2023 as the likely cause. On 17 March 2025 it announced plans to recover the losses, strengthen security and resume services, explaining that the delay in disclosure was intended to avoid further attacks and market turmoil.
Key facts
- Affected organisation
- WEMIX
- Incident type
- Hacking & intrusion
- Occurred / detected
- Not confirmed
- Scale of damage
- About 8.65 million WEMIX coins, worth about 9 billion won
- Cause / method
- Presumed leak of material uploaded to a public repository by a worker in 2023
- Location
- South Korea
If your data was exposed
Exposed dataCrypto assets
- Check login and withdrawal history in your exchange app, and turn on withdrawal address whitelisting and withdrawal delays.
- If you’ve suffered harm, report it. Call 118 (no area code) for privacy violations, contact the police for financial losses, and apply for dispute mediation to seek compensation.Personal Information Infringement Report Centre ↗Korean National Police Agency cybercrime report ↗Personal Information Dispute Mediation Committee ↗
Lookup and notice links are official pages found by AI. Make sure the address is on the organisation’s official domain before using it.
Timeline
- The roughly 9 billion won WEMIX hack and concerns about a renewed delisting were reported.
- The company disclosed the theft of about 8.65 million coins and the presumed cause, and announced a recovery plan including 26 billion won in market buybacks and security improvements.
- The decision to delist WEMIX again was reported.
- The conflict between Wemade and the Digital Asset eXchange Alliance (DAXA) over the hack and the delayed disclosure continued.
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Other incidents at WEMIX
WEMIX Dollar hack steals about 7.7 billion won in assets
Impact: WEMIX Dollar worth about 7.7 billion won stolen
In July 2026, WEMIX Dollar was hacked and assets worth about 7.7 billion won were stolen. An attack exploiting a code error in an unused program was identified as the cause, and Wemade fully suspended its bridge. In August, it confirmed it would pay compensation of about 1.6 billion won in full.
Related reports: 8 · last report →WEMIX hack leads to abnormal issuance of 5.22 million WEMIX Dollar
Impact: 5.22 million WEMIX Dollar abnormally issued, worth about 7.7 billion won
In July 2026, a hack at WEMIX led to the abnormal issuance of 5.22 million WEMIX Dollar, worth about 7.7 billion won. The attacker exploited a smart contract vulnerability to seize administrator privileges, and the price of WEMIX Dollar crashed 99%. WEMIX froze assets and, in August, announced compensation of about 1.6 billion won, equal to the full amount of the losses.
Related reports: 16 · last report →
The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organisation’s official statements for accurate details.