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news-imageOctober 31, 2024

Ethereum Gaming Firm Immutable Says SEC Is Threatening Lawsuit Over IMX Token Sales

Like OpenSea, Uniswap, and other crypto firms, Immutable says it is the target of SEC scrutiny—describing the notice as an "overreach."
Publisher: Decrypt
Sentiment: Negative
ETH
IMX

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Negative
cover-imageCryptoSlate
October 31, 2024

SEC crackdown continues with Immutable latest to receive Wells Notice

The SEC has issued a Wells notice to blockchain gaming platform Immutable in what has become a widespread agency crackdown on crypto companies ahead of the US election. Immutable said in an Oct. 31 blog post that the move is the latest instance of the SEC's “regulation-by-enforcement” policy targeting the crypto industry.

Negative
cover-imageCoingape
October 31, 2024

Breaking: Immutable Receives Wells Notice From US SEC

Immutable, the blockchain protocol designed for the next-generation of Web3 games said it has received a Wells Notice from the US Securities and Exchange Commission (SEC). The startup unveiled this in a recent update, a proof of the regulation by enforcement tactics of the markets regulator.

Positive
cover-imageThe Currency Analytics
October 31, 2024

Toncoin (TON) Set to Overtake Ethereum in User Base by Year-End

Toncoin (TON), the cryptocurrency associated with the Telegram ecosystem, is on a remarkable growth trajectory, with analysts predicting it could surpass Ethereum in user base by December 2024. This potential milestone highlights the rapid adoption and increasing popularity of Toncoin, fueled by significant user engagement and accumulation among larger investors, often referred to as “whales.

Positive
cover-imageThe Daily Hodl
October 31, 2024

Ethereum in the Final Innings of Downtrend Against Bitcoin, Says Top Analyst Benjamin Cowen – Here's His Outlook

A widely followed crypto analyst says that Ethereum (ETH) is in the final stages of its decline against Bitcoin (BTC). In a new strategy session, crypto trader Benjamin Cowen tells his 819,000 YouTube subscribers that based on historical patterns, the top altcoin appears as if it's about to break out against the crypto king.

Positive
cover-imageCoinPedia
October 31, 2024

Is Solana the Season's Breakout Star? 30% Growth Potential as It Outpaces Ethereum

Bitcoin is currently in an impressive position, having broken above key resistance levels. On the weekly chart, the trend looks strong, and the daily chart confirms a healthy retracement that could establish new support. After months of consolidation, Bitcoin's momentum is gaining traction, and we're keenly watching these movements across different time frames.

Neutral
cover-imageCryptonews
October 31, 2024

Ethereum Price Underperformance Continues, But Ascending Triangle Forms – Is a Breakout Next?

Ethereum price struggles as it nears a potential breakout with an ascending triangle pattern. Rising competition and low ETF demand contribute to stagnation, yet Ethereum remains dominant in DeFi. Could upcoming market shifts finally catalyze an ETH rally? The post Ethereum Price Underperformance Continues, But Ascending Triangle Forms – Is a Breakout Next? appeared first on Cryptonews.

Positive
cover-imageThe Currency Analytics
October 31, 2024

Vitalik Buterin Reveals Ethereum's Splurge Goals

Ethereum co-founder Vitalik Buterin has unveiled the highly anticipated sixth installment of his series, titled “The Future Development of the Ethereum Protocol Part 6: The Splurge.” In a detailed blog post, he articulates his visionary goals for the upcoming Splurge phase, focusing on enhancing the performance and user experience of the Ethereum blockchain.

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