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WEMIX Price Plunges 60% After Major Korean Exchanges Announce Second Delisting

WEMIX Price Plunges 60% After Major Korean Exchanges Announce Second Delisting

WEMIX plunged over 60% after South Korea’s five major exchanges announced a second delisting, citing unresolved security and compliance issues foll...
Wemix token plunges 60%, South Korean exchanges plan to delist

Wemix token plunges 60%, South Korean exchanges plan to delist

South Korean game publisher Wemade’s crypto Wemix suffered a price collapse Friday after five of the country’s leading crypto exchanges announced p...
GameFi Token WEMIX Caught in Regulatory Crosshairs on Bithumb Exchange

GameFi Token WEMIX Caught in Regulatory Crosshairs on Bithumb Exchange

WEMIX, a blockchain gaming token, continues to face regulatory headwinds in South Korea due to a controversial hack and delayed communication by it...
Wemix denies cover-up after delayed $6.2M bridge hack report

Wemix denies cover-up after delayed $6.2M bridge hack report

Wemix Foundation has denied allegations of attempting to conceal a security breach that resulted in over $6.2 million in losses. The blockchain fir...
South Korea’s WeMade Expands Blockchain Focus with New Products and Social Communities

South Korea’s WeMade Expands Blockchain Focus with New Products and Social Communities

WeMade is intensifying its focus on blockchain technology, with plans to integrate decentralized social communities and launch new games in 2025, a...
South Korea’s financial watchdog denies plans to publish a corporate crypto roadmap by 2024’s end

South Korea’s financial watchdog denies plans to publish a corporate crypto roadmap by 2024’s end

South Korea’s Financial Services Commission (FSC) has refuted reports suggesting the agency plans to unveil a roadmap for corporate crypto accounts...
Nexon and Wemade Confirm No Plans to Profit from Bitcoin Holdings

Nexon and Wemade Confirm No Plans to Profit from Bitcoin Holdings

Nexon and Wemade, clarified their stance on Bitcoin holdings, confirming they currently have no plans to realize gains from those investments. Rea...
Bitcoin Recognized as Divisible Property in South Korean Divorces

Bitcoin Recognized as Divisible Property in South Korean Divorces

Separating couples can now split digital assets like Bitcoin and track hidden wealth through blockchain technology.
Crypto Billionaires in South Korea: Young Investors Hold $739 Million

Crypto Billionaires in South Korea: Young Investors Hold $739 Million

A study by the crypto exchanges Upbit and Bithumb shows the growing influence of cryptocurrencies among young South Koreans. More than 180 South Ko...
South Korean Court Orders Defunct GDAC to Return $7.3M in WEMIX to Wemade CEO

South Korean Court Orders Defunct GDAC to Return $7.3M in WEMIX to Wemade CEO

A South Korean court ruled in favor of Wemade CEO Park Kwan-ho, ordering the now-defunct GDAC crypto exchange to return 7.8 million WEMIX tokens, w...