The blockchain gaming platform WEMIX, developed by Wemade, experienced a cyberattack resulting in the theft of 8,654,860 WEMIX tokens, valued at approximately $6,100,000. This incident, confirmed by CEO Kim Seok-Hwan, involved the exploitation of stolen authentication keys and led to unauthorized withdrawals and token laundering. The attack's severity led to WEMIX going offline to transition to a more secure environment, with a full restoration goal set for March 21, 2025. The incident has also influenced the Digital Asset Exchange Alliance (DAXA) to label WEMIX as an 'investment caution' asset.
"id": "wem727031825",
"linkid": "wemade-entertainment-usa-inc-",
"type": "Cyber Attack",
"date": "3/2025",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"