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

03/17 03:56

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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."

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