DeFi lending is recovering in March after a series of market capitulations and liquidations. More value is flowing into smaller chains, with the biggest growth for Berachain and Sonic.
Amnis Finance has become the first protocol to participate in Aptos' Liquid Funding Model (LFM) initiative. The development represents a crucial move in cementing Amnis Finance's status and enriching advancements in the Aptos decentralized finance (DeFi) space.
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 crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.
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.
Aptos, a top layer-1 network, is showing resilience even as its token hovers near its lowest level since 2023. The Aptos (APT) token was trading at $5.90 on Tuesday, slightly above the year-to-date low of $4.60.
The STRF sale is scheduled to close later on Tuesday, with Strategy raising approximately $711 million in net proceeds.
dYdX has announced its first-ever buyback program, committing 25% of protocol fees to buy DYDX on the open market. Based on last year's revenue numbers, that could amount to over 11M in DYDX purchased per year.
TL;DR dYdX has launched a token buyback program to strengthen network security and improve the utility of its native token. 25% of the protocol's monthly net fees will be allocated to token buybacks, with the tokens being staked to enhance the network's resilience.
dYdX, the decentralized perpetual contracts trading platform community, has officially launched the first-ever $DYDX Buyback Program, a major move for the protocol. The post dYdX Community Launches DYDX Buyback Program appeared first on Cryptonews.
DeFi protocol dYdX has announced the launch of a token buyback program. The protocol plans to spend 25% of its net protocol fees on buying back the DYDX token from the open market.
dYdX will begin monthly token buybacks with 25% of its annual net protocol fees via its Treasury SubDAO.
With 85% of DYDX tokens already unlocked, dYdX is rolling out a buyback program to pump value back into the ecosystem.
DYDX price has surged by nearly 9% after dYdX announced its new buyback program. The decentralized derivatives exchange will use 25% of the protocol fees to repurchase DYDX from the market.
Decentralized trading exchange dYdX has introduced a token buyback program to strengthen network security and enhance the utility of its native token, DYDX. According to a March 24 announcement, the protocol stated that it would allocate 25% of its net monthly fees to buy DYDX tokens from the open market.
DYdX is allocating 25% of protocol fees to the program, with active governance discussions on an increase to 100%.
Decentralized finance (DeFi) trading platform dYdX announced its first-ever token buyback program on March 24, aiming to reinvest in its ecosystem to enhance security and governance.According to the announcement, 25% of the protocol's net fees will be dedicated to monthly buybacks of its native dYdY (DYDX) token on the open market. Following the announcement, DYDX surged over 10% and was trading at approximately $0.731 at the time of writing, according to CoinGecko.
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.
Aptos now ranks as the fourth-largest blockchain by daily active users, with surging stablecoin trading volume and growing DEX sector.
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Bitwise's CIO says DeFi is “substantially undervalued” as utility tokens are poised to grow amid the U.S.'s crypto-friendly pivot.
The crypto market remained relatively flat over the past 24 hours, with the market cap registering a marginal decline and falling to $2.71 trillion. Markets were mixed, with some cryptocurrencies registering marginal increases while others registered marginal declines.
The Michael Saylor-led company now holds 499,226 BTC purchased for an average price of $66,360 per token.
Following a $50 million loss in 2023, blockchain game developer Immutable claims its 2024 performance has rebounded, with revenue exceeding $110 million.
A widely followed crypto analyst is warning that Bitcoin (BTC) may plummet in value if one key support level breaks down. In a new post, pseudonymous crypto trader Altcoin Sherpa tells his 244,000 followers on the social media platform X that Bitcoin may revisit the $60,000 range if BTC loses $78,000 as support.
TL;DR Starknet users can now pay at merchants accepting Bitcoin Lightning payments using only STRK, thanks to Braavos wallet and the Atomiq bridge. No need to set up a Lightning wallet or pre-fund with BTC, making Bitcoin payments simpler and increasing adoption.
STRK has rising 3% since its February launch, while MSTR has dropped over 20%.