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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 […]Powered by WPeMatico
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, […]Powered by WPeMatico
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 […]Powered by WPeMatico
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 […]Powered by WPeMatico
DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers.
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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 […]Powered by WPeMatico
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 look at our pick of the top three Metaverse tokens with a market cap below $600 million, ordered by the current market capitalization, lowest to highest. 3. WEMIX (WEMIX) – $521 million Launched in October 2020, WEMIX is a South Korea-based game studio focusing on
The post Top 3 Metaverse Tokens With a Market Cap Below $600 Million to Watch in April 2022 appeared first on The Merkle News.
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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 rising. Mines of Dalarnia (DAR) +21.76% Mines of Dalarnia is a blockchain-based action-adventure game that allows players to mine and combine various in-game items, improving their character’s skill and gear. It features the MoD universe that enables players to fight enemies and find rare items.
The post These 3 Metaverse Coins Gained Over 20% Today (Mines of Dalarnia, WEMIX, WAX) appeared first on The Merkle News.
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