This Altcoin Is Delisted From 5 Exchanges! –

A Microsoft-backed altcoin project has been delisted from South Korea’s top 5 cryptocurrency exchanges for giving false information.

Mass delist decision for Microsoft-backed altcoin

Blockchain gaming platform WEMIX (WEMIX), which ranks 226th by market capitalization, is leaving South Korea’s top 5 crypto exchanges on the grounds that it gave false information that caused confusion among investors. Exchanges that have decided to delist: Coinone, Korbit, Upbit, Bithumb and Digital Asset Exchange Alliance (DAXA).

On the news, WEMIX price crashed by more than 70% in a short time. The Digital Asset Exchange Alliance (DAXA), an organization created by Gopax, one of the exchanges that took the delist decision, says that the altcoin project has given false information through DART disclosures. The WEMIX price fell after these claims were heard on social media. It lost more than 70% of its value in about two hours. As we have reported, Microsoft invested 14.8 million dollars in WEMIX.

Contact us to be instantly informed about the last minute developments. twitterin, Facebookin and InstagramFollow and Telegram and YouTube join our channel!

Risk Disclosure: The articles and articles on do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your own research and due diligence before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. does not recommend buying or selling any cryptocurrencies or digital assets, nor is an investment advisor. For this reason, and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.

Disclaimer: Advertisements on are carried out through third-party advertising channels. In addition, also includes sponsored articles and press releases on its site. For this reason, advertising links directed from are on the site completely independent of’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on and the pages directed by the links in the sponsored articles do not bind in any way.

Warning: Citing the news content of and quoting by giving a link is subject to the permission of No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of in violation of intellectual property law and relevant legislation.

Show Disclaimer

source site-3