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Cryptocurrencies/Coins/WEMIX (WEMIX)
WEMIX price, market cap on Coin360 heatmap

WEMIX(WEMIX)

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$0.998304
(-1.74%)
0.00001625 BTC
Market Cap (Rank#160)
$362,974,108
5,907 BTC
Vol 24h
$980,867
15.9615 BTC
Circulating Supply
363,590,763.39
Max Supply
980,000,000
73 days agocoindesk
Chainlink Aims to Make Transfers Across Blockchains Safer with New Bridge App 'Transporter'
The bridge leverages Chainlink's CCIP tech, and allows users to transfer crypto assets across multiple blockchains, starting with Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and WEMIX.
293 days agocryptodaily
WEMIX introduces “unagi”: a new omnichain initiative that transcends blockchain boundaries
WEMIX has unveiled unagi, short for Unbound Networking & Accelerating Growth Initiative, which aims to construct an all-encompassing ecosystem that goes beyond the limitations of diverse blockchains by seamlessly integrating, connecting and encompassing multiple networks,
293 days agocryptopotato
WEMIX Introduces “Unagi”: a New Omnichain Initiative that Transcends Blockchain Boundaries
[PRESS RELEASE – Seoul, South Korea, September 5th, 2023] Aims to create a vast ecosystem to drive common growth of global blockchains Complete user-customized omnichain network to easily and conveniently utilize services across multiple blockchains All platforms and dApps are connected as one with blockchains bringing complementary strengths to the ecosystem WEMIX has unveiled unagi, […]
299 days agocointelegraph
South Korean parliament rejects motion to expel lawmaker over crypto scandal
South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3:3 vote in the expulsion motion.
440 days agocryptopotato
Crypto Exchange GDAC Halts Deposits and Withdawals Following $13 Million Hack
Hackers stole nearly 61 BTC, 350.5 ETH, 10,000,000 WEMIX, and 220,000 USDT from GDAC.
440 days agocryptodaily
South Korean Exchange GDAC Hacked, Loses 23% of Its Assets
South Korean cryptocurrency exchange GDAC was the target of hackers on Sunday, with the platform losing nearly $13 million during the attack. The hackers were successful in draining crypto assets from the exchange hot wallet to a yet unidentified wallet. Nearly $13 Million Stolen According to a statement released by the beleaguered exchange, the stolen funds accounted for nearly 23% of its crypto assets. The stolen assets were transferred to an unidentified wallet over the course of the attack. According to the statement released by the exchange, hackers stole 61 BTC, 350.5 ETH, 10 million wemix tokens (WEMIX), and 220,000 USDT. The exchange stated that it had already notified the relevant authorities about the hack and was working to retrieve the stolen funds. According to the exchange, some of the stolen assets have been sent to foreign cryptocurrency exchanges. As a result, the exchange has also reached out to the exchanges in question and foreign authorities to prevent the funds from being laundered. Deposit And Withdrawal Services Stopped The South Korean exchange has stated that it has suspended all deposits and withdrawals as it looks to investigate the incident. The GDAC exchange has also requested other cryptocurrency exchanges to block transactions coming from any suspicious address. It is still being determined when the exchange will resume deposit and withdrawal services. Hacking Incident On The Rise Cryptocurrency platforms have seen a considerable increase in hacks, with several notable exploits occurring over the past year. The most prominent among these hacks was the Ronin Bridge exploit. Axie Infinity’s Ronin Bridge suffered a crippling hack last year, losing a staggering $625 million. Last Sunday, SushiSwap was exploited thanks to a bug in its smart contract. As a result, the platform lost over $3 million to hackers. The hack was first spotted by blockchain security firms Peckshield and CertiK. Another hack that took place during the current month was the Sentiment hack, where hackers made off with over $500,000 due to a re-entrancy attack. In March, Euler Finance also suffered an exploit where hackers drained nearly $200 million from the protocol. However, after a drawn-out negotiation with the hackers, Euler Finance managed to recover all of the recoverable funds, amounting to roughly $31 million. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About WEMIX?

The live price of WEMIX (WEMIX) today is 0.998304 USD, and with the current circulating supply of WEMIX at 363,590,763.39 WEMIX, its market capitalization stands at 362,974,108 USD. In the last 24 hours WEMIX price has moved -0.003 USD or -0.00% while 834,936 USD worth of WEMIX has been traded on various exchanges. The current valuation of WEMIX puts it at #160 in cryptocurrency rankings based on market capitalization.

Learn more about the WEMIX blockchain network and how it works or follow the price of its native cryptocurrency WEMIX and the broader market with our unique COIN360 cryptocurrency heatmap.

Introduction

WEMIX (WEMIX) is a unique cryptocurrency that is designed to revolutionize the gaming industry. It is a blockchain-based platform that allows game developers and players to interact directly, eliminating the need for intermediaries. The WEMIX platform is designed to provide a seamless gaming experience, with its token, WEMIX, being used for in-game transactions.

Technology & Mechanism

Consensus Mechanism

WEMIX uses a Proof of Stake (PoS) consensus mechanism, which is energy-efficient and provides faster transaction confirmations compared to traditional Proof of Work (PoW) systems.

Blockchain Technology

WEMIX operates on its own proprietary blockchain, which is designed to handle high-volume transactions typical in the gaming industry. The blockchain is scalable, secure, and provides real-time transaction processing.

Key Features

Scalability

WEMIX's blockchain is designed to handle a high volume of transactions, making it ideal for the gaming industry where millions of transactions can occur in a short period.

Security

WEMIX uses advanced cryptographic techniques to ensure the security of transactions and user data.

Privacy

WEMIX ensures user privacy by keeping transaction details confidential, only visible to the parties involved.

Decentralization

WEMIX is a decentralized platform, meaning it is not controlled by any single entity. This ensures fairness and transparency in all transactions.

Development Team & Governance

The WEMIX project is spearheaded by a team of experienced professionals in the gaming and blockchain industries. The project operates under a decentralized governance model, with decisions made by consensus among stakeholders.

Use Cases & Potential Impact

WEMIX has the potential to disrupt the gaming industry by providing a platform for direct interaction between developers and players. This could lead to more innovative games and a better gaming experience for players.

Purchase & Storage

How to Buy

WEMIX can be purchased on several cryptocurrency exchanges, including Binance and Huobi. Users can buy WEMIX with other cryptocurrencies or with fiat currencies on these exchanges.

Wallets & Storage

WEMIX can be stored in any wallet that supports ERC-20 tokens. It is recommended to use a hardware wallet for the best security.

Partnerships & Collaborations

WEMIX has partnered with several game developers to integrate its platform into their games. These partnerships will help to increase the adoption of WEMIX in the gaming industry.

Roadmap

The WEMIX project has a clear roadmap for the future, with plans to expand its platform to more games and to improve its blockchain technology.

Risks & Challenges

Like any cryptocurrency, WEMIX faces risks and challenges. These include regulatory risks, technological challenges, and the risk of competition from other cryptocurrencies.

Community & Regulatory Compliance

Community

WEMIX has a strong community of supporters, including gamers, developers, and cryptocurrency enthusiasts. The community plays a crucial role in the development and adoption of WEMIX.

Regulatory Compliance

WEMIX is committed to complying with all relevant regulations in the jurisdictions in which it operates. This includes complying with anti-money laundering (AML) and know your customer (KYC) regulations.

In conclusion, WEMIX is a promising cryptocurrency that has the potential to revolutionize the gaming industry. With its unique features and strong community support, WEMIX is well-positioned to become a leading player in the gaming cryptocurrency market.

WEMIX Price0.998304 USD
Market Rank#160
Market Cap362,974,108 USD
24h Volume980,867 USD
Circulating Supply363,590,763.39 WEMIX
Max Supply980,000,000 WEMIX
Yesterday's Market Cap367,598,560 USD
Yesterday's Open / Close1.0141 USD / 1.0111 USD
Yesterday's High / Low1.0223 USD / 1.0108 USD
Yesterday's Change
0.00% ( 0.003 USD )
Yesterday's Volume834,935.69 USD
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