America's Social Casino

Moralis Money

Coin Edition 2025-04-18 15:00:00

GameFi Token WEMIX Caught in Regulatory Crosshairs on Bithumb Exchange

GameFi Token WEMIX Caught in Regulatory Crosshairs on Bithumb Exchange

Bithumb keeps WEMIX under close watch following $6.2M token hack. Wemade delayed disclosure by four days, citing security concerns. DAXA will decide on WEMIX delisting by early May 2025. WEMIX, a blockchain gaming token, continues to face regulatory headwinds in South Korea due to a controversial hack and delayed communication by its issuer, Wemade. Now, Bithumb, one of the nation’s largest crypto exchanges, announced that it will extend WEMIX’s classification as a “closely monitored asset,” after recommendations by the Digital Asset eXchange Alliance (DAXA). That monitored status leads to a critical point: a final decision on whether to delist the token the week ending May 2nd. It’s a decision that could heavily impact South Korea’s GameFi ecosystem. Why is WEMIX Facing Delisting Risk? The scrutiny intensified after a February 28 security breach on the PlayBridge Vault, Hackers illegally withdrew over 8.65 million WEMIX tokens, worth about $6.2 million at the time. Critically, the WEMIX Foundation waited four days, disclosing the incident only on March 4th, triggering sharp backlash from the local crypto community. The delay led to… The post GameFi Token WEMIX Caught in Regulatory Crosshairs on Bithumb Exchange appeared first on Coin Edition .

最阅读新闻

Yen tops 140 per dollar ahead of US-Japan fin...
2025-04-22
XRP Slammed Again as Oregon Sues Coinbase ove...
2025-04-22
Trump's Bitcoin and Cryptocurrency Moves Caus...
2025-04-22
10 Best Ethereum Casinos: Which crypto casino...
2025-04-22
Urgent Regulatory Scrutiny: South Korean FIU...
2025-04-22
Rocket Pool price prediction 2025-2031: Is RP...
2025-04-22
Bitcoin Sees Soaring Leverage, Institutional...
2025-04-22
This Altcoin Soars by Double Digits Following...
2025-04-22

https://www.digistore24.com/redir/325658/ceobig/

相关新闻

Bitcoin’s Breakdown Against Gold Raises Concerns o...
22 Apr 2025
Bitcoin-to-gold ratio risks 35% decline following...
22 Apr 2025
Aptos Readies For A Bullish Push, Stellar Gathers...
22 Apr 2025
ETH Whales Short Ethereum After $1.411 Million Pro...
22 Apr 2025
Hopeful Resurgence: WazirX Poised for Relaunch Aft...
22 Apr 2025
Whales Ramp Up Ethereum Accumulation Amid Prolonge...
22 Apr 2025

阅读免责声明 : 此处提供的所有内容我们的网站，超链接网站，相关应用程序，论坛，博客，社交媒体帐户和其他平台（“网站”）仅供您提供一般信息，从第三方采购。我们不对与我们的内容有任何形式的保证，包括但不限于准确性和更新性。我们提供的内容中没有任何内容构成财务建议，法律建议或任何其他形式的建议，以满足您对任何目的的特定依赖。任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。在依赖它们之前，您应该进行自己的研究，审查，分析和验证我们的内容。交易是一项高风险的活动，可能导致重大损失，因此请在做出任何决定之前咨询您的财务顾问。我们网站上的任何内容均不构成招揽或要约