WEMIX Halts Bridges After $724K Exploit

1 week ago 10

Rommie Analytics

Key Takeaways:

Exploits discovered by WEMIX resulted in the minting of more than 5.22 million WEMIX$.
The attacker swapped the assets for 724,198 USDC.e prior to transferring assets between multiple blockchains.
The network shutdown bridges, liquidity pools, and other important services, and also had to work with exchanges to freeze assets.

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