News linked to both this project and an event.
According to Yonhap News Agency, South Korean crypto asset exchange Prabang reported on October 26 that it suffered an intrusion involving unauthorized external access, and has filed a report with relevant authorities. The exchange detected anomalous withdrawals from its hot wallet on October 24, identified a security vulnerability upon activating its emergency response protocol, and preliminarily estimated losses at approximately 100 million KRW (around $70,000). To safeguard customer assets, Prabang has suspended services and pledged to fully compensate users with corporate funds once the losses are verified.
According to "Digital Assets", South Korean blockchain platform WEMIX released an official announcement on July 27, acknowledging a security incident involving its stablecoin WEMIX$ (WEMIX Dollar) smart contract. The incident occurred at 6:18 PM on July 26, when the owner permissions of the WEMIX$ smart contract were hijacked, resulting in approximately $6.25 million (approximately 87 million KRW) worth of WEMIX$ being abnormally minted and transferred to external addresses. WEMIX stated that it has identified the addresses suspected of being used in the attack and is conducting on-chain tracking, while collaborating with major exchanges and blockchain security agencies to monitor the flow of stolen assets, and will cooperate with law enforcement agencies if necessary.
South Korea’s top five cryptocurrency exchanges experienced a total of 57 hacking incidents and system failures between 2020 and April 2026, resulting in cumulative compensation of approximately 7 billion KRW (about USD 5.1 million).