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Ex-Wemade CEO Cleared of Crypto Market Manipulation

Former Wemade CEO Jang Hyun-guk has been acquitted of market manipulation charges by a South Korean court, ending a year-long legal battle. The Seoul Southern District Court ruled that Jang did not intend to manipulate the WEMIX token’s circulation or deceive the crypto market. This decision clears Jang of violating capital market laws and represents a major legal win as he continues his career in blockchain gaming with Nexus. The case highlights the evolving regulatory landscape for crypto projects in South Korea.

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Whales Accumulate 85M LINK as Retail Stays Sidelined

Chainlink (LINK) remains steady around $13 as whales accumulate 85 million tokens, driving exchange reserves down 40% year-to-date. While institutional interest grows, retail activity remains flat, with daily addresses hovering between 28,000–32,000 and transaction volume stagnant. Whale withdrawals (100K LINK/week) signal strong conviction, but without retail participation, LINK struggles to break $15 resistance. Analysts suggest a breakout to $30 is possible if retail engagement surges or whale demand intensifies. Meanwhile, Chainlink’s ecosystem expands with ACE for compliance and CCIP-enabled USDC transfers, potentially attracting more institutional capital.

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WEMADE & Redlab Launch Web3 MMORPG Pre-Registration

WEMADE and Redlab Games announced the global pre-registration for , a Web3 MMORPG launching in August 2025. The game introduces RPG Tokenomics 3.0, a dual-token Play-to-Earn system, and offers rewards like in-game items, raffle entries, and milestone bonuses. Pre-registration is available on WEMIX PLAY and the official game website, with additional perks for referrals and weekly events. The development team will host live AMA sessions to discuss gameplay and tokenomics. WEMADE, a South Korean gaming innovator, aims to expand its Web3 ecosystem with this release.

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Chainlink Surges with 12 New Integrations & $30 Price Target

Chainlink continues to expand its ecosystem with 12 new integrations across 11 blockchains, including Optimism and Astar Network. Analysts like Henry Lord of Alts predict a bullish breakout for LINK, potentially reaching $30, as the token shows signs of accumulation after months of downtrend. The network’s recent partnership with Mastercard aims to bring crypto access to over 3 billion cardholders, supported by industry leaders like Swapper Finance and Zerohash. Chainlink’s decentralized oracles are now critical for major blockchains like Ethereum, Solana, and Arbitrum, powering DeFi protocols, prediction markets, and cross-chain interoperability. With trading volume up 64% and a market cap of $9 billion, Chainlink’s latest integrations further solidify its role in DeFi, climate tech, and digital assets.

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SynFutures Launches Gold Perpetuals with Chainlink on Base

SynFutures has partnered with Chainlink to introduce a perpetual gold (XAU) market on the Base network, leveraging Chainlink’s Data Standard for tamper-proof pricing. This integration ensures accurate and manipulation-resistant gold price data, critical for perpetual contracts where even minor discrepancies can lead to liquidations. Chainlink’s cross-chain capabilities, including its CCIP protocol, have recently been adopted by WEMIX and Plume Network, enabling seamless asset transfers across 46+ blockchains. Meanwhile, Chainlink’s development momentum remains strong, with Santiment ranking it as the most active DeFi project. The LINK token has also seen a 2.14% price increase, pushing its market cap above $9 billion.

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WEMIX Adopts Chainlink CCIP for Secure USDC Transfers

WEMIX has partnered with Chainlink to exclusively use its Cross-Chain Interoperability Protocol (CCIP) for secure, direct USDC transfers from Ethereum to the WEMIX3.0 ecosystem. This eliminates wrapping and centralized bridge risks, offering faster, safer transactions. The integration also supports a burn-and-mint mechanism for USDC.e, streamlining cross-chain stablecoin flows. Beyond gaming, Chainlink is expanding into AI and banking, collaborating with institutions like JPMorgan for cross-chain smart contract adoption. OlympusDAO has also adopted CCIP, highlighting its growing utility in DeFi. Meanwhile, LINK’s price has risen 2.74%, reflecting market optimism.

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