Wemix.fi suspends lending amid stablecoin liquidation issues
The issues with liquidating the WEMIX stablecoin were not detailed, but the blockchain game producer has problems enough to choose from. Go to Source
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Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings
South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South Korean Law Enforcement Authorities Check Records From 3 Crypto Platforms Investigators from the Seoul … Read more
South Korean Politician Quits Party Over Crypto Scandal
A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest and other irregularities. Lawmaker Leaves South Korean Opposition Party Over Crypto Holdings Kim Nam-kuk, … Read more
WEMIX Delisting: South Korean Crypto Exchange Upbit Accused of Instigating Token Removal
According to the CEO of Wemade, Henry Chang, the South Korean cryptocurrency exchange Upbit was the brains behind the Digital Asset Exchange Joint Consultative Body (DAXA)’s decision to delist WEMIX. The Wemade CEO accused Upbit of applying different standards and of failing to furnish his company with the token supply guidelines. Wemade Not Formally Notified … Read more
South Korean Crypto Exchanges Delist WEMIX — Token Price Plunges by Nearly 70%
The Digital Asset Exchange Joint Consultative Body (DAXA), the South Korean association of crypto exchanges, announced on Nov. 24 that the WEMIX token would be delisted. In justifying the decision to delist WEMIX, the association claimed the information provided by the token’s issuer Wemade is false and has confused investors. Discrepancy Between WEMIX Circulating Supply … Read more
WEMIX token plunges 70% after it’s delisted by Korean exchanges
DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers. Go to Source Powered by WPeMatico
Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round
Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was part of a $46 million investment round, that also saw the participation of two more companies: Shinhan Asset Management and Kiwoom Securities. Microsoft Backs Korea-Based Gaming … Read more
Top 3 Metaverse Tokens With a Market Cap Below $600 Million to Watch in April 2022
Metaverse tokens continue to show bullish momentum today as the global cryptocurrency market cap is inching closer to $2 trillion. The recent price growth makes it a perfect time to accumulate some underrated and undervalued Metaverse tokens with tremendous long-term potential and could see significant gains in the next few months. Today we take a … Read more
These 3 Metaverse Coins Gained Over 20% Today (Mines of Dalarnia, WEMIX, WAX)
After last week’s correction, Metaverse coins continue to dominate the markets as cryptocurrencies begin their recovery. According to Crypto.com, today, we’ve seen a 3.26% rise in market capitalization for Metaverse coins, with WAX, WEMIX, and Mines of Dalarnia topping the charts by percent increase. Let’s look at these cryptos and see why the price is … Read more
