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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

AFX Protocol estimates $24.15 million loss from bridge attack

Arbitrum-based decentralized perpetual futures exchange AFX Protocol is estimated to have lost assets worth $24.15 million in a cross-chain bridge attack. Cointelegraph reported the incident occurred in a third-party protocol and did not affect the Arbitrum native bridge. Security firm Blockaid said it detected an attack targeting an AFX-operated bridge. Offchain Labs co-founder Steven Goldfeder also confirmed a third-party protocol was affected. The cause and any additional losses remain unconfirmed.

Industry

Court orders SK Group chairman Choi Tae-won to pay Roh So-young 944 billion won in asset division

A Seoul appeals court ordered SK Group Chairman Choi Tae-won to pay 944 billion won to Roh So-young, director of Art Center Nabi, in an asset division ruling. The amount is more than 400 billion won lower than the 1.38 trillion won set by an earlier appeal court. The court included Choi’s SK Inc stake in the assets. The dispute has centred on whether the shares were divisible and which date to use for valuation.