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news-imageNovember 1, 2024

Immutable pledges to fight after SEC ‘sprayed and prayed' Wells notice

Blockchain gaming platform Immutable says it received a Wells notice from the SEC over alleged securities law violations within "hours" of its first interaction with the regulator.
Publisher: Cointelegraph
Sentiment: Negative
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-imageCoinPedia
August 29, 2024

Altcoins On The Run! These Crypto Tokens Hint A 25% Upside?

Amid rising price volatility in the cryptocurrency market, top tokens have displayed increased buying and selling pressure over the past few days. Moreover, the largest altcoin, Ethereum price has successfully reclaimed the $2.5K level. Following this, mid-cap altcoins have recorded a similar price action. This has resulted in many tokens recording a double-digit gain.

Positive
cover-imageTokenpost
August 29, 2024

Immutable - Blockchain for Layer 2 solutions

Immutable X is the first layer-two (L2) scaling solution for non-fungible tokens (NFTs) on Ethereum, with instant trading, massive scalability, and zero gas fees for minting and trading, all without compromising user or asset security. Immutable zkEVM is the first of its kind - a chain for games that offers EVM compatibility, low cost, massive scale, and Ethereum security.

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