Author: Yeek.io

South Korean gaming firm Wemade is preparing for a new chapter after a Seoul court rejected its bid to stop the delisting of its cryptocurrency, WEMIX, from major domestic exchanges.On May 30, the Seoul Central District Court dismissed Wemade’s injunction request to block the termination of WEMIX trading support. The decision clears the way for the full delisting of the token from local exchanges by June 2.WEMIX to Be Delisted by June 2 After Seoul Court Rejects Wemade AppealThe ruling comes months after the Digital Asset eXchange Alliance (DAXA), a consortium of five major Korean exchanges—Upbit, Bithumb, Coinone, Korbit, and…

Moonwell token jumped and crossed a key resistance level on Friday as its decentralized finance platform growth continued. Moonwell (WELL) soared to $0.03900, the highest point since February 1, and up by 157% from its lowest point in March. It jumped on Friday even as the crypto market crash continued.  Moonwell token surged as its ecosystem growth continued. DeFi Llama data shows that the total value locked jumped to a record high of $251.5 million, a significant increase from April’s low of $101 million. Most of these assets are on Base, the layer-2 blockchain that Coinbase launched in 2023. Moonwell…

George Town, Grand Cayman, May 30th, 2025, Chainwire Zircuit, the chain where innovation meets security, announced the launch of non-custodial wallet top-ups for Crypto.com Visa Cards. This new integration enables users to seamlessly fund their cards via Zircuit. Now live in the Crypto.com App, this feature allows users to connect a non-custodial wallet to their Crypto Wallet and transfer ZRC via Zircuit Chain. Users can convert the assets into supported tokens like USDC or ETH as needed to complete the top-up process. This makes it easier than ever to spend crypto wherever Visa is accepted. “At Zircuit, we’re committed to…

On May 29, 2025, research on stablecoins conducted by Artemis, Castle Island Ventures, and Dragonfly was released. The data in the study was provided by 20 stablecoin payment-focused companies, along with estimates from 11 firms in adjacent sectors. The report highlights the growing real-world utility of stablecoins. Stablecoins were one of the most discussed topics at the May Bitcoin Conference in Las Vegas, even drawing jokes about how frequently they were mentioned. The significance of the topic cannot be overstated, as stablecoins play a critical role in promoting financial independence globally. They are also at the center of the current…

Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.Exchange Update: DeFiChain (DFI) at Risk of Delisting from Gate.ioThe DeFiChain team has received notice from Gate.io regarding potential delisting of $DFI due to market liquidity concerns. We want to provide the community with transparent information about this situation and outline our response plan.Read more about it here.DFIP Spotlight: Listing of New Wrapped Crypto Tokens on the Native Side of DeFiChainA new DFIP proposal is live, aiming to enhance seamless cross-chain interoperability…

Tokenization protocol Midas has launched a tokenized U.S. Treasury bill on the Algorand blockchain, offering European investors retail access to yield-bearing government bonds with no minimum investment. According to a May 29 announcement from the German-origin firm, mTBILLs, which represents a tokenized certificate referencing short-term U.S. Treasury exchange-traded funds, was now live on the Algorand blockchain. mTBILL is now natively issued on @Algorand.Algorand is an energy-efficient, quantum-secure, single-layer blockchain with instant finality, consistently high throughput, and low fees. pic.twitter.com/5uxT33gEmF— Midas (@MidasRWA) May 29, 2025 Midas says the offering provides an alternative to institutional-grade tokenized money market products, such as BlackRock’s…

WhiteRock surged as much as 116% on May 30 following rumours of a potential partnership with a major Saudi oil producer. According to data from crypto.news, WhiteRock (WHITE) jumped to an intraday high of $0.00138 before pulling back to $0.00104 at the time of writing. Its market cap stood at around $780 million, while daily trading volume spiked 500% to nearly $10 million, a clear sign that the token has caught traders’ attention.  Since its March low, WHITE has now rallied more than 280%. Adding fuel to the rally was a huge uptick in open interest, which rose 240% to…

Central African Republic President Faustin-Archange Touadéra announced that in June, over 1,700 hectares of land in the region will be tokenized through the Solana-based meme coin CAR. The meme coin has long sparked suspicion among traders. On May 30, Touadéra posted on his X account that he has signed a presidential decree that would tokenize over 1,700 hectares of land and make it available on the Solana (SOL) chain by June 2025. The land concession would be available online for traders across the globe by purchasing the meme coin CAR, which Touadéra dubs the “national meme coin” of the state.…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Let’s talk about centralized exchanges, or as I like to call them: Wall Street cosplaying their way into web3. These aren’t crypto-native platforms—they’re TradFi institutions in hoodies, playing dress-up while running the same old playbook.  For years, CEXs have perfected the art of fee collection—raking in billions in trading revenue while giving nothing back to the users who fuel their business. No tokens. No dividends. Not even a thank-you meme.  Binance, by far the top exchange by…

Panama City should allow ships to pay in Bitcoin for faster passage through the Panama Canal, according to Mayor Mayer Mizrachi. During a panel at Bitcoin 2025 in Las Vegas, Mizrachi suggested that Bitcoin payments could be rewarded with priority canal transit for cargo ships. “We have a canal — what if you get a perk for paying in Bitcoin, get your ship to go quicker if you pay in Bitcoin,” Mizrachi said. The Panama Canal is a key artery of global trade, linking the Caribbean and Pacific Oceans. It handled nearly 10,000 ship transits between October 2023 and September…