Howdy,
I have had a long talk and consulted the current #1 Hero Siege player "Party Time" and we went over alot of problems and glitches in the game and got alot fixed.
However since the Elite + 1 mobs giving 50 million exp per kill and wormhole items getting completely out of hand we need to reset everything, unfortunately.
We won't wipe inventories, we will just compress stats on items down a notch etc.
Sorry for this but well, thats the reason its still beta. Till we find a good balance, its really really hard so if you have any opinions regarding WH balance etc please speak up, everything helps!