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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.

Games & Commerce

Wemade, NICE Information & Telecommunication to jointly build Web3 payment infrastructure

Wemade said on Tuesday it signed a memorandum of understanding with NICE Information & Telecommunication to build Web3 payment infrastructure. The agreement aims to research and develop payment infrastructure that combines Web3 with legacy finance. The partners plan joint research, preparations and pilot tests to connect the Web3 sector with offline payment ecosystems. They will share information on stablecoins and blockchain payments and test linking WEMIX and USDC.e to NICE’s payment network.