Wemade
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Analyst: AI-focused M&A deals are "weakening" the games investment landscape
An S&P Global Market Intelligence report indicates a weakening investment landscape for the games industry, with capital increasingly directed towards AI-focused deals. Analysts note that investors recognize low revenue growth and compressed margins in gaming, leading them to keep funds on the sidelines. This shift, coupled with a focus on live services and play-to-earn models, could make it difficult for traditional PC and console development teams to secure financing.
MIR4 Character NFT Trades Pass the 40,000 Mark This Month
Wemade's MMORPG MIR4 has surpassed 40,000 character NFT trades this month, allowing players to monetize their in-game progress. The game also boasts 24 million accounts and 40 million characters created. Recent updates include the EXDRA4 utility token, deepening the game's blockchain integration and economic ecosystem.
Global Open-World MMORPG MIR4 Opens Pre-Registration for New Class “Spirit Summoner” to Celebrate 5th Anniversary
WEMADE has opened pre-registration for the new 'Spirit Summoner' class in its open-world MMORPG, MIR4, as part of the game's 5th-anniversary celebration. The event includes various pre-registration activities and special video content to thank players. The new class, Spirit Summoner, uses elemental spirits to fight and acts as a damage-dealing buffer for allies.
WEMIX$ Stablecoin Exploit Forces WEMIX to Freeze Bridges and Halt Trading
WEMIX has confirmed a security incident where over 5 million WEMIX$ stablecoins were minted without authorization due to a compromised contract. The attacker converted these tokens to USDC.e and ETH, moving them off-chain. In response, WEMIX has frozen bridges and halted trading to contain the breach, while investigations and wallet tracing are ongoing.
WEMIX hit by stablecoin exploit as attacker cashes out $724,198
Wemade's WEMIX ecosystem experienced a significant security breach where an attacker exploited the WEMIX$ stablecoin contract, minting over 5 million tokens without authorization. The attacker converted approximately $724,198 worth of these tokens into USDC.e and WEMIX, transferring the funds across Ethereum and BNB Chain to exchanges. Wemade halted trading and services pending an investigation, with the incident occurring during a company ownership transition.
Nexus rebrands CROSS gaming chain as ONE, wiring it into a 38-million-device app marketplace
Nexus has rebranded its CROSS gaming chain to OneChain and its $CROSS token to $ONE, integrating them with the recently acquired Korean app marketplace, One Store. This move aims to transform One Store into a global Web3 game store accessible on over 38 million devices. The company, led by CEO Henry Chang, also plans to merge various web shop, payment, and community platforms into One Store, with future ambitions for an AI-native game platform.
Aream & Co: Gaming M&A hits $2.3bn in Q2, highest level since 2022
Gaming mergers and acquisitions reached $2.3 billion in Q2 2026, marking the highest level since 2022, according to Aream & Co. Mid-market acquisitions, particularly in PC and mobile gaming, drove this growth. Despite a decline in mobile installs and spending, PC gaming saw a 13% increase, and Nintendo reported significant revenue gains from its Switch 2 hardware and software.
WEMIX Token Begins Trading on Kraken Today
Wemade's blockchain division, WEMIX, has successfully listed its token on the global cryptocurrency exchange Kraken. This listing marks a significant step in WEMIX's strategy to expand into international markets and rebuild credibility following its delisting from South Korean exchanges. The company is also diversifying into fintech, focusing on areas like cross-border payments and stablecoins.
WEMADE’s Legend of YMIR Global Opens Its First Seasonal Growth Server, “Bootcamp,” on June 30
WEMADE has launched the first seasonal growth server, "Bootcamp," for its global MMORPG, Legend of YMIR, on June 30. This server offers a fresh start with accelerated progression and support for new, returning, and existing players to compete on equal footing. The "Bootcamp" season will last approximately 10 weeks, with characters meeting the level requirement transferable to main servers. Additionally, a "Summer Big Sale" is ongoing across all platforms, featuring discounts and new companion packages.
Legend of YMIR Achieves $116,776 in NFT Sales Over Two Days
Wemade's new game Legend of YMIR saw its character NFT marketplace generate $116,776 in trading volume within two days of its May 19, 2026 launch. The marketplace focuses on integrating NFTs with gameplay, allowing players to monetize leveled characters as NFTs after meeting specific criteria, with Wemade collecting a 5% transaction fee. This approach aims for a more sustainable blockchain gaming economy compared to speculative trading.
This indie dev's dungeon crawling 'descent into madness' was inspired by motherly love
Indie developer Christopher Yabsley is creating Heathen, a dark fantasy dungeon crawler inspired by a cherished childhood memory of playing Diablo with his mother. The game will feature first-person combat, randomized loot, and online co-op, with an early access release planned for Steam.
Legend of YMIR Introduces Character NFT Trading System on May 19
Legend of YMIR, an MMORPG by Wemade, is launching its Character NFT system on May 19, allowing players to convert and trade their in-game characters as NFTs on the WEMIX PLAY Marketplace. The update also includes a new Transcendence System and a Clan Annihilation Battle mode. Developed on Unreal Engine 5, the game aims to connect in-game achievements with the crypto economy.
Wemade Enhances Starter Support Event for Legend of YMIR’s Global Service, Introduces Indonesia-Focused Content
Wemade is enhancing the starter support event for its MMORPG Legend of YMIR, introducing a six-week progression program with rewards to help new players settle in faster. The update also adds Indonesian language support and culturally inspired content, including a new creature and buff items based on Indonesian folklore and cuisine, as part of Wemade's strategy for regionally tailored experiences.
Wemade Expands Starter Support Event for Global Launch of Legend of YMIR, Introduces Content for Indonesia - GameHaunt
Wemade has expanded starter support for the global launch of its MMORPG, Legend of YMIR, introducing full Indonesian language support and region-specific content. The six-week event offers new players Rare to Epic-grade gear, daily bonuses, and cultural items like a Barong Ket-inspired Disir and Indonesian food buffs. This update aims to ease the learning curve for beginners while integrating local heritage, following a similar approach seen in the Philippines server launch.
Wemade Earns $5.4 Million from Blockchain in Q1 2026 Revenue
Wemade reported $111 million in consolidated revenue for Q1 2026, with blockchain revenue surging 867% year-on-year to $5.4 million. The company is focusing on service fees from games like Night Crows and Legend of YMIR, leveraging WEMIX tokenomics to drive recurring revenue and expand its ecosystem, with a significant portion of revenue originating from Asian markets.
Legend of YMIR Marks 200 Days with Major Content Update
Wemade has released a major update for the MMORPG Legend of YMIR to celebrate its 200-day global launch anniversary. The update introduces a new class, raises the maximum level to 80 with new progression systems, and adds enhanced competitive modes like a 3v3 Colosseum and new world raids. Special anniversary events and an Indonesian language pack are also included to boost player engagement.
WEMADE Launches Major Campaign to Celebrate 200 Days of Global Service for Legend of YMIR - GameHaunt
WEMADE is celebrating 200 days of global service for its Unreal Engine 5 MMORPG, Legend of YMIR, with "The Grand Banquet of Glory" campaign. The event, running through June 2025, offers players free rewards including a 200-day Hero Companion, enhancement tickets, and inventory expansion discounts. Upcoming updates include a Mastery System, Character NFTs, and new PvP and PvE content, alongside expansion to Steam and Indonesian language support.
WEMADE Unveils Major Campaign Celebrating 200 Days of Global Service for Legend of YMIR
WEMADE is celebrating 200 days of global service for its MMORPG Legend of YMIR with a major in-game campaign called "The Grand Banquet of Glory." The event offers players extensive rewards, including special passes, missions, and login bonuses, to thank them for their support and aid new players. WEMADE is also expanding the game's reach with an upcoming Indonesian language pack and has plans for future content updates and competitive events.
Is Fortnite Toxic? An Honest Answer Backed by Data (2026) | TAG
Data suggests Fortnite's reputation for toxicity is more nuanced than commonly perceived, with lower rates of identity-based harassment compared to other competitive shooters. While age-driven trash talk and skill-gap frustration are prevalent, especially in modes like Ranked, Epic Games has implemented moderation tools and default communication settings to mitigate harm, particularly for younger players.
USC GAMES ANNOUNCES JOHN RICCITIELLO AND FRANK D. GIBEAU AS 10TH ANNIVERSARY EXPO KEYNOTE PANEL SPEAKERS
USC Games has announced that former Unity Technologies and Electronic Arts CEO John Riccitiello, and Zynga President Frank D. Gibeau will be keynote speakers at its 10th anniversary USC Games Expo on May 12, 2026. The event will showcase over sixty student-developed games and feature interactive installations, an esports tournament, and previews of titles from a new Games as a Service and Live Operations class.
