Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Gaming platform Wemix was hacked in February and lost $6.22 million. The CEO admitted that the notification was delayed but denied intentional concea

Gaming platform Wemix was hacked in February and lost $6.22 million. The CEO admitted that the notification was delayed but denied intentional concea

CointimeCointime2025/03/17 05:22
By:Cointime

according to Yonhap News Agency, Kim Sik-hwan, representing Wemix Foundation, a blockchain subsidiary of Wemade, admitted at an emergency meeting that they lost approximately 8.65 million WEMIX tokens (valued at about $6.22 million) due to a hacker attack.

The hacker stole the authentication key of the NFT platform "Nile" on February 28 and attacked the Play Bridge Vault system. Kim Sik-hwan explained that the delay in notification was due to concerns about triggering more attacks and market panic, emphasizing that they "absolutely did not think about or attempt to cover up the incident."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Google Chrome’s success ‘impossible to recreate,’ exec testifies in DOJ antitrust trial

Share link:In this post: Parisa Tabriz believes Google Chrome would decline in another company’s hands, saying it would be hard to disentangle Google from the search engine’s success. Google plans to infuse artificial intelligence into Chrome to make it more agentic. OpenAI showed interest in buying Google Chrome.

Cryptopolitan2025/04/27 13:12

SEC Commissioner Hester Peirce calls for better crypto regulation

Share link:In this post: SEC Commissioner Hester Peirce has called for better crypto regulation in the United States. Peirce mentioned that financial firms have been approaching crypto in a way like playing “the floor is lava” children’s game. SEC commissioners want flexible regulation as SEC chairman Paul Atkins wants clear regulations for digital assets.

Cryptopolitan2025/04/27 13:12