According to Yonhap News Agency, Wemade's blockchain subsidiary Wemix Foundation representative Kim Seok-hwan admitted to losing about 8.65 million WEMIX tokens (worth about $6.22 million) due to the hack at an emergency meeting.
Hackers attacked the Play Bridge Vault system on February 28 by stealing the authentication key of the NFT platform "Nile". Kim Seok-hwan explained that the delayed notification was for fear of triggering more attacks and market panic, emphasizing that "absolutely no thought or attempt was made to cover up the incident".
Gaming platform Wemix lost $6.22 million in a February hack, CEO admits to slow notification but denies deliberate concealment
2025-03-17 03:50:18
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