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IMX Soars 15% Following Immutable’s Announcement of SEC Probe Conclusion
The recent news surrounding the crypto gaming powerhouse Immutable has sparked considerable excitement in the community and the market at large. After the U.S. Securities and Exchange Commission (SEC) announced the conclusion of its investigation into the company, the token linked to Immutable, known as IMX, experienced a significant surge of about 15%. This uptick…
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SEC Concludes Investigation of Australian Crypto Firm Immutable Amid Ongoing Regulatory Changes
The U.S. Securities and Exchange Commission (SEC) has recently wrapped up its investigation into Immutable, a prominent player in the cryptocurrency sector. This development marks a significant moment, both for Immutable itself and for the broader landscape of cryptocurrency regulation in the United States. Immutable, known for its innovative approach to leveraging blockchain technology, particularly…
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Significant Growth in Immutable X and zkEVM NFT Sales by 55% in Q4 2024 Despite Declining Market Participation
In the ever-evolving landscape of digital commerce, particularly in the realm of blockchain and NFTs, Immutable has recently experienced an interesting phenomenon. While the company has reported a notable uptick in sales volume, a closer look reveals an underlying trend that raises questions about the broader health of its marketplace. Specifically, both daily sellers and…
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LayerZero introduces its native token and pledges $3 million towards the community distribution pool.
The blockchain interoperability project, LayerZero, has just made an exciting announcement on December 7th. The project has revealed its plans to launch a native cryptocurrency in the near future. LayerZero Labs, the team behind this initiative, took to Twitter/X to share this news with their followers and the crypto community. The tweet read, “LayerZero has…
