Learn more

Wemix.fi, the decentralized finance platform for cryptocurrency Wemix, announced the suspension of its lending and borrowing services on July 30. This is just the latest twist in the story of the crypto behind the South Korean blockchain game developer Wemade. Wemix.fi said the suspension of lending, borrowing, and liquidation functions was connected with “issues related to the liquidation of WEMIX$,” the platform’s USD-pegged stablecoin. Notice of resumption of services would be forthcoming, the announcement promised. Wemix.fi did not elaborate on the liquidation of its stablecoin. CEO’s resi…