An unconfirmed report suggests WEMADE invested KRW 10 billion in game studio Studio RASA. However, official confirmation from either company is lacking, leaving stakeholders uncertain about the investment’s […]
Seoul Court Orders Wemade to Pay Employees Compensation in Lawsuit
A Seoul Central District Court has issued a partial ruling in favor of former and current employees of Wemade, ordering the company to compensate them with a total […]
Wemade Ordered to Pay $7.1 Million in WEMIX Compensation After Court Ruling
A recent court ruling has forced South Korean blockchain game developer Wemade to face a significant financial obligation, requiring them to pay $7.1 million USD for unpaid WEMIX […]
WEMADE’s New FPS ‘Black Vultures: Prey of Greed’ Launches on Steam
WEMADE’s latest PC FPS title, ‘Black Vultures: Prey of Greed’, now has a dedicated Steam store page. Developed by THISMEANSWAR, the game promises a thrilling experience where players […]
Choi Jun-hyuk’s Wemade Investment Suffers Massive Losses, Impacting Market Sentiment
Private equity leader Choi Jun-hyuk experienced significant financial setbacks from his substantial investment in Wemade. The initial 35 billion KRW investment has seen a dramatic devaluation due to […]
South Korean Investor Suffers Significant Loss in Wemade Investment
Choi Jun-hyuk, CEO of Alpha Asset Management, has experienced a substantial financial setback following his investment in Wemade shares. The estimated loss amounts to approximately $11.66 million USD […]
WEMADE Donates KRW 120 Million to Support Korean Firefighters
Korean blockchain firm WEMADE has partnered with ADRA Korea to donate KRW 120 million to the National Fire Agency, providing crucial support for firefighter medical expenses in the […]