WEMIX suspends bridges and trading after $724K breach

WEMIX, the blockchain gaming platform built by South Korean publisher Wemade, has shut down its bridges and decentralized exchange trading after an attacker drained roughly $724,000 in USDC.e tokens through a linked contract exploit. The platform suffered a separate, much larger breach back in February 2025 that cost it over 8.65 million WEMIX tokens, worth approximately $6.2 million at the time. What happened this time The latest incident targeted a contract linked to WEMIX’s infrastructure, allowing the attacker to move about $724K in USDC.e tokens before the team could intervene. In response, WEMIX suspended both its bridge services and DEX trading, effectively freezing cross-chain movement and on-platform swaps. WEMIX had been in the process of transitioning from its native WEMIX$ stablecoin to USDC.e on its WEMIX3.0 network, a migration that kicked off around March to April 2026. That transition involved significant liquidity adjustments, which may have introduced new attack surfaces. A pattern of security problems The February 2025 breach saw attackers compromise the Play Bridge Vault, making off with over 8.65 million WEMIX tokens valued at around $6.2 million. That incident...