In a thread on X this morning, Synthetix founder Kain Warwick offered a stark look into the inner workings of crypto market makers (MMs) and their evolution over the years.

The Immutable (IMX) price surged 8.05% to $0.6785 after the SEC dropped its investigation. Market cap rose to $1.21B, with a 24-hour trading volume up 118.36% to $120.59M.

IMX token jumps after the SEC ends enforcement threats against Immutable. Plus the U.S. FDIC drops "reputational risk" banking discrimination against crypto firms and Fidelity Investments develops its own stablecoin.

On March 25, the US Securities and Exchange Commission (SEC) officially concluded its investigation into Immutable, an Australian Web3 gaming company, marking the end of a significant period of uncertainty for the firm.

The SEC has ended its investigation into Web3 gaming firm Immutable with no findings of wrongdoing, marking another dropped crypto probe amid the regulator's shifting stance on enforcement.

On Tuesday, crypto company Immutable announced that the US Securities and Exchange Commission (SEC) has officially closed its inquiry into the company and its associated parties. This comes after the SEC previously issued a Wells notice, which signaled its intention to pursue legal action against Immutable for alleged violations of securities laws.

The SEC concludes its investigation into Immutable after five months, marking a significant win for crypto gaming.

Immutable's IMX token rallied 15% to $0.737 after the US SEC dropped its investigation, with daily trading volume by 120% to over $120 million.

The SEC has dropped its investigation into Immutable with no charges. Immutable supports clear regulations to foster blockchain innovation.

SEC ends investigation into Immutable, sparking a 15% surge in IMX token price as the agency continues its retreat from aggressive crypto enforcement under new leadership.

The Securities and Exchange Commission (SEC) of the USA has officially dropped the investigations into Immutable, the crypto gaming company. The co-founder of Immutable, Robbie Ferguson, specifies that no enforcement action has been taken and now expresses excitement about really accelerating in the Web3 game. The Securities and Exchange Commission (SEC) of the USA has officially dropped the investigations into the crypto gaming company Immutable.

The US Securities and Exchange Commission (SEC) has officially closed its investigation into Immutable (IMX), a blockchain-based gaming platform.

The token tied to the crypto gaming giant Immutable surged 15% in the hours after it announced that the US Securities and Exchange Commission closed its investigation into the firm and would take no further action.The Immutable (IMX) token rose around 15% on March 25 to reach just under $0.74 shortly after the firm announced that the SEC shut its inquiry without any breach of violations, which Immutable said closed “the loop on the Wells notice issued by the SEC last year.” IMX matched crypto market downtrend It is the highest price that IMX has reached since March 3, before a broader market decline — driven by prolonged uncertainty over US President Donald Trump's tariffs and US interest rates — pushed it down to $0.46 on March 11.

The SEC has closed its investigation into Immutable without taking action—a move the company hailed as a victory for digital ownership and Web3 gaming. The post SEC Winds Down Another Crypto Probe, With Web3 Firm Immutable Now Off the Hook appeared first on Cryptonews.

The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into Web3 gaming platform Immutable, the company announced Tuesday. This decision follows a Wells notice sent to Immutable in November, signaling potential enforcement over its 2021 listing and private sale of its native IMX token.

The U.S. Securities and Exchange Commission has officially closed its investigation into Australlian crypto-gaming firm Immutable. According to a statement from the company on Mar.

Immutable, a leading Web3 gaming company, announced that the U.S. Securities and Exchange Commission (SEC) has formally closed its investigations into the company and related parties without any findings of wrongdoing or further action.

The US Securities and Exchange Commission has formally closed its investigation into Australian web3 gaming firm Immutable, the company announced on March 25.

The U.S. Securities and Exchange Commission (SEC) dropped its investigation into Web3 gaming firm Immutable on Tuesday, declining to pursue charges related to its 2021 IMX token sales. This development mirrors a sequence of regulatory about-faces, specifically reflecting enforcement efforts launched under the Biden administration.

The U.S. SEC has closed yet another investigation into a crypto firm, this time an investigation it lodged against crypto company Immutable.

The US Securities and Exchange Commission (SEC) has decided to drop its investigation into gaming protocol Immutable. The platform revealed in a post on X that the market regulator will take no further action, ending its legal challenges in the United States.

Web3 gaming platform Immutable says the US Securities and Exchange Commission has closed its investigation into the company, clearing it of any further action. Immutable — the firm behind the Ethereum layer-2 ImmutableX — said in a March 25 statement that the SEC shut its inquiry into the firm without finding wrongdoing and “closes the loop on the Wells notice issued by the SEC last year.

The Australian crypto company disclosed it had received a Wells notice from the U.S. SEC last November.

Despite increased sales volume, Immutable saw a decline in both daily sellers and buyers which points to a higher transaction values and fewer participants.

DogLibre has partnered with Immutable to merge dog rescuing, blockchain gaming, and AI-powered transparency. The post Immutable zkEVM and DogLibre Join Hands in Dog Rescue Efforts appeared first on Cryptonews.

This is a segment from The Drop newsletter. To read full editions, subscribe.

Following a $50 million loss in 2023, blockchain game developer Immutable claims its 2024 performance has rebounded, with revenue exceeding $110 million.

The crypto market faced a challenging week, but the new week brings hope for recovery. Whether this rebound stems from broader market trends or individual network developments remains uncertain.

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

Immutable (IMX) collaborates with Tokyo Beast, marking its third unicorn developer partnership, to bolster Web3 gaming in Japan's $27.4B market.

Several gaming companies with over $1 billion in valuation are now actively considering token launches, according to Immutable co-founder Robbie Ferguson. In a Feb.

Sei Network collaborates with Gitcoin to launch a $750K funding round aimed at supporting impactful projects within its ecosystem. The initiative features two tracks to incentivize consumer-facing and infrastructure innovations.

Synthetix (SNX) is a decentralized finance (DeFi) protocol built on the Ethereum blockchain, allowing users to create and trade synthetic assets. These assets mirror the value of real-world assets such as commodities, currencies, and stocks.

The second week of February showed strong activity in crypto VC funding as HashKey Group secured $30 million with a $1.50 billion valuation.

Since the launch of the first NFTs, they have gradually gained popularity not only among crypto investors but also among artists, celebrities, and people from all walks of life. But popularity brought some challenges.

Holonym and Gitcoin Passport unite to revolutionize online identity with privacy-preserving verification.

The cash and token deal scales up a Worldcoin "alternative."

The acquisition integrates Gitcoin Passport with Holonym's Human Network to boost identity verification. It plans to generate over 34.5 million zero-knowledge (ZK) credentials.

Gitcoin Passport, the cryptosphere's preeminent identity solution for sybil-prevention, has been bought out. Holonym Foundation has acquired the service and revealed plans to incorporate it into its Proof of Humanity network.

Following the acquisition, Holonym plans to offer its rebranded Human Passport to users worldwide.

Bitcoin and the rest of the crypto market took a turn for the worse over the weekend in price drops that have largely been blamed on Trump's promised tariffs. I overheard a handful of X Spaces hosts sound the alarms about it on Monday, acting as though the bull market was over.

ImmutableX (IMX), the native token of the Immutable blockchain, is showing signs of a significant upside rally, despite prevailing bearish market conditions. Recently, IMX reached a crucial support level at $1.05, which has historically acted as a springboard for upward momentum.

Amid the bearish market sentiment, Immutable's native token, IMX, has reached a crucial support level of $1.05 and is poised for a significant upside rally. According to IMX's daily chart, this support level has always been favorable for the altcoin, often triggering upward momentum.

Bitcoin (BTC) has recovered from its recent slump, which saw the price drop to an intraday low of $101,441 late on Thursday. The flagship cryptocurrency has registered an increase of nearly 3% over the past 24 hours and is currently trading around $104,612, with bulls looking to push it beyond $105,000.

Altcoins display bullish strength as Bitcoin trades around the $100K zone. Immutable (IMX) appears poised for significant gains with its prevailing post-breakout actions. Crypto analyst JAVON MARKS believes IMX bulls will target $4.91 amid magnified bullish sentiments. That will mean an approximately 255% surge from Immutable's current price. IMX targets robust gains past $4.

EverReach Labs' REVENGE, an innovative co-op PvE shooter, partners with Immutable (IMX) to enhance player-spectator interaction and secure asset ownership, marking a new era in gaming.

Synthetix has announced that it will transition its perpetual markets on the Arbitrum network to a close-only mode.

The move is part of a strategic pivot by Synthetix to consolidate its operations and focus on Coinbase's Base network.