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WEMIX$ Stablecoin Exploit Forces WEMIX to Freeze Bridges and Halt Trading
WEMIX has confirmed a security incident where over 5 million WEMIX$ stablecoins were minted without authorization due to a compromised contract. The attacker converted these tokens to USDC.e and ETH, moving them off-chain. In response, WEMIX has frozen bridges and halted trading to contain the breach, while investigations and wallet tracing are ongoing.
