Blockchain gaming network Immutable is charging ahead after the US SEC (Securities and Exchange Commission) closed its investigation into the platform's native token, IMX, in late March.
TL;DR Cross-Chain Breakthrough: Injective's IBC Eureka bridges Bitcoin liquid staking tokens into Cosmos, creating new opportunities for seamless cross-chain interaction. Enhanced DeFi Opportunities: The upgrade enables rapid, secure transactions that empower advanced yield farming, lending, and staking options in the Cosmos ecosystem.
This new development opens the door for seamless onboarding of Bitcoin Liquid Staking Tokens (BTC LSTs). For example, Lombard Finance's $LBTC, from Ethereum to Injective.
Most altcoins jumped on Thursday as the recent fear among market participants ended after the Liberation Day tariff's pause. These cryptocurrencies may continue doing well this year as Wall Street titans like Blackrock move deeper into the industry.
The cryptocurrency market rallied sharply on Thursday after President Donald Trump paused tariffs imposed on almost all nations for 90 days, giving the stock and crypto markets a much-needed breather from constant volatility. The crypto market registered substantial gains, with some tokens rallying nearly 50%.
Story Highlights The PENDLE price today is $2.99. Pendle Coin's price could hit a maximum of $7.65 in 2025. Pendle coin price with a potential uptrend may peak at a maximum of $80.21 by 2030.
TL;DR Immutable will merge its two main blockchain solutions, Immutable X and zkEVM, into a single unified chain, simply named “Immutable.” This integration will consolidate hundreds of millions of dollars in assets and optimize the Web3 gaming ecosystem, all without requiring any action from users.
The United States' first Bitcoin President is presiding over a crypto market crash. Crypto proponents and firms funded Trump's campaign with hopes of a pro-crypto regulation and policies in the U.S. While initial progress was made on the stablecoin bill and the Strategic Bitcoin Reserve, Trump is changing world order with his Liberation Day tariff announcements.
Aave DAO members are voting on a proposal to add Pendle's Principal Tokens to its V3 Core market. The proposal, posted on the web3 voting platform Snapshot on Apr. 7, suggests listing an initial PT test asset.
Despite a series of major initiatives in the first quarter of this year, Injective has seen its price continue to trend downward, now sitting in the deep oversold zone.
Here is how some of your favorite assets concluded the week.
Immutable's (IMX) price has been on a significant downtrend recently, falling to multi-year lows. The token has suffered a sharp decline, and its price is currently hovering around $0.433.
PENDLE has surged by 10% in the past 24 hours, making it the market's top gainer during this period. The altcoin has even outperformed major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).
Pendle just jumped 10%! Is this the start of something much bigger?
The crypto market registered a marginal uptick over the past 24 hours despite several altcoins crashing on April Fools' Day. Despite the altcoin crash, the crypto market cap is up 0.50% and currently sits at $2.7 trillion.
Recent PENDLE's Coinbase listing, along with its high DeFi yields, has fueled bullish momentum, as whales accumulate millions in tokens.
PENDLE price has led the broader market gains this Wednesday, pumping nearly 8% amid bullish developments. Recent whale metrics indicated that large-scale investors bought roughly $8 million of the token, whereas a crypto exchange behemoth also listed it previously.
Top US-based crypto exchange platform Coinbase is adding three new Ethereum (ETH)-based altcoins to its suite of products, causing the assets to skyrocket.
This move brings enterprise-grade infrastructure to the Injective ecosystem. It makes it easier for developers to build, launch, and scale applications.
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.
TL;DR Google Cloud becomes an official validator for Injective to enhance the security and decentralization of the blockchain network. INJ gains access to advanced tools and educational resources through Google Cloud's Web3 portal, facilitating dApp development. Injective and Google Cloud launch a hackathon focused on AI innovation in financial applications.
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.
Google Cloud has officially become a validator for Injective, an interoperable layer-1 blockchain, further strengthening the network's security and decentralization. The move aligns Google Cloud supporting Injective's (INJ) ecosystem, according to a company release.
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.
Google Cloud is now a validator for the Injective network, boosting the blockchain's security, reliability, and credibility. The post Google Cloud Becomes a Validator for the Injective Network appeared first on Cryptonews.
Google Cloud's role as a validator for Injective could significantly boost blockchain security, decentralization, and developer innovation. The post Google Cloud becomes a validator for Injective blockchain appeared first on Crypto Briefing.
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.
This update makes it easier than ever for Telegram users to dive into Injective without needing extra apps. Telegram's built-in wallet has already supported major cryptocurrencies like Bitcoin (BTC) and Toncoin (TON).
The crypto market has made a strong start to the week, with cryptocurrencies registering substantial increases. As a result, the crypto market cap has jumped almost 3% and currently sits at $2.83 trillion.
Despite increased sales volume, Immutable saw a decline in both daily sellers and buyers which points to a higher transaction values and fewer participants.