PANews reported on March 17 that WEMIX, a blockchain gaming platform under the Korean listed gaming company Wemade, disclosed a hacker attack on March 4, saying: "On February 28, 2025, due to a malicious external attack on the Play Bridge Vault, approximately 8,654,860 WEMIX tokens were abnormally extracted." WEMIX said it had taken immediate action to prevent further damage and cooperated with law enforcement agencies to track down the attackers. On March 13, the WEMIX Foundation executed 20 million WEMIX tokens to mitigate the market impact.
In addition, according to Yonhap News Agency today, Wemix suffered losses of approximately 9 billion won (approximately 6.22 million U.S. dollars) in the February 28 hacking incident. In response to accusations that the Wemix Foundation delayed its announcement, it emphasized that it "never had the idea or attempt to conceal the hacking attack." A representative of the Wemix Foundation said, "After discovering the hacking attack on February 28, we immediately shut down the affected servers and began a detailed analysis. On the same day, we submitted an indictment against the unidentified attacker to the Cyber Investigation Division of the Seoul Metropolitan Police Agency, and the National Bureau of Investigation is currently investigating. In the absence of a clear method of intrusion, a hasty announcement could expose the risk of further attacks, so the announcement was not made immediately. Since most of the stolen assets have been sold, the market impact has already occurred, and it is difficult to guarantee that there will be no further risks. If it is announced immediately, it may cause market panic."
