WEMIX hack leads to abnormal issuance of 5.22 million WEMIX Dollar
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.
Key facts
- Affected organisation
- WEMIX
- Incident type
- Hacking & intrusion
- Occurred / detected
- Not confirmed
- Scale of damage
- 5.22 million WEMIX Dollar abnormally issued, worth about 7.7 billion won
- Cause / method
- Seizure of administrator privileges by exploiting a smart contract vulnerability
- 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 abnormal issuance of 5.22 million WEMIX Dollar and an asset freeze came to light.
- WEMIX said administrator privileges had been seized in an attack exploiting a vulnerability.
- WEMIX announced compensation of about 1.6 billion won, equal to the full amount of the hack losses.
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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.
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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.