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Crypto

Wemix dollar authority takeover caused by proxy contract initialize flaw

Wemix Team said it identified a proxy-structure smart contract initialize-function flaw as the cause of a July 26 takeover of administrative rights over two Wemix dollar-related contracts. The attacker changed administrator addresses, obtained minting and swap permissions and minted 5,225,524.9997 WEMIX$ through repeated flash loans and swaps. Confirmed losses transferred externally were 723,244.4936 USDC.e and 34,752.3199 WEMIX. Services are to resume sequentially.

Crypto

Wemix Dollar contract admin rights stolen, 5.23 million tokens abnormally minted

Administrator rights to the Wemix Dollar (WEMIX$) stablecoin contract in the WEMIX ecosystem were stolen, leading to the abnormal minting of about 5.23 million tokens. The Wemix team halted Wemix 3.0 internal and external bridges, related liquidity pool trading, and some services. Minted WEMIX$ was swapped into WEMIX and USDC.e and moved via bridges to Ethereum and BSC, with some assets reaching centralized exchanges.

Crypto

RWA market tops $33.8 billion; top 10 cryptocurrencies drawing institutional money

The market for real-world assets (RWA) has surpassed $33.8 billion, reviving interest in related cryptocurrency projects as a key 2026 investment theme. Attention is focusing on projects tied to tokenised assets, institutional payment infrastructure and blockchain-based financial rails, amid growing efforts to handle bonds, commodities and payment systems on-chain. Chainlink drew the most attention among top RWA projects by market value, followed by Stellar, Avalanche, Hedera and Ondo.