South Korean gaming giant WeMade to buy back tokens after delisting saga

South Korean gaming giant WeMade to buy back tokens after delisting saga

Tech in Asia·2022-12-09 20:00

WeMix, a Web3 gaming network created by South Korean video game giant WeMade, announced that it will buy back and burn US$10 million in WeMix and WeMix Classic tokens.

WeMade tower / Photo credit: WeMade

The decision comes after four crypto exchanges in South Korea – Upbit, Bithumb, Coinone, and Korbit – delisted the token from their platforms due to a discrepancy between the amount of tokens in circulation and what was reported by WeMix.

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South Korea cryptocurrency