wemix
WeMade Dismisses Coin Over-Issuance Fraud Claims Amid Investigation
South Korean game developer WeMade counters fraud allegations by the Seoul Southern District Prosecutors, asserting compliance exemptions for its digital asset systems and Phoenix DEX amidst regulatory investigations.
South Korean Gaming Giant Wemade Faces $41 Million Tax Bill for Crypto Operations
South Korean gaming firm Wemade faces a $41 million tax bill for its crypto operations, highlighting the complexities of regulatory compliance in the blockchain gaming industry.
WEMIX and Mirana Ventures Fuel Chinese Blockchain Gaming with $30M Fund
WEMIX PTE. LTD. has invested in five Chinese game developers through a $30 million blockchain game-specialized fund, created with Mirana Ventures. This move aims to nurture blockchain gaming enterprises and expand the WEMIX3.0 ecosystem. The fund, part of a joint initiative with Mirana Ventures, an investment division of Bybit, has already utilized $6.4 million. The investees, working on diverse game genres, will feature their games on WEMIX PLAY, a blockchain game platform under WEMIX3.0.
Wemade Introduces Etherscan-Developed 'WEMIX Scan'
South Korea-based Wemade has launched WEMIX Scan, a block explorer for WEMIX3.0 Mainnet and testnet, in collaboration with Etherscan. It provides transaction methods, USD value, top 25 NCP data, and gas fees.
Seoul Prosecutors Probe Crypto Fraud at Delio, Haru, Pica, and WeMade
Seoul's prosecutors probe alleged crypto fraud at Delio, Haru Invest, Pica Project, and WeMade. The joint investigation team aims to expedite the processing of these high-profile cases.
Korean Prosecution Investigates Cypto Coin WEMIX Issuer WeMade and Hyperism Simultaneously
The Korean prosecution has simultaneously raided WeMade, the issuer of the cryptocurrency WEMIX, and Hyperism, the asset management company responsible for WEMIX's market making. This incident comes right after South Korea’s parliament passed the Virtual Asset Protection Act, which aims to crack down on illegal illegal trading practices such as market price manipulation and insider trading.