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.

Raydium's team lead believes the majority of asset issuance will occur on Solana. "We want Raydium to play a central role in that," he said.

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.

While PumpSwap achieved record $426M volume, Raydium maintained dominance with 46.1% market share in Solana's competitive DEX landscape.

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.

Raydium has maintained Solana dominance, and its token has jumped 12% despite the emergence of a competitor in PumpSwap.

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

PumpSwap introduces zero-fee token migrations and a creator revenue-sharing model, posing a direct threat to Raydium.

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.

It is already active and provides for the automatic and free migration of tokens from the platform.

Pump.fun, the wildest memecoin factory on Solana, has just shut the door on Raydium to launch its own DEX, PumpSwap.

Decentralized exchanges (DEX) like Raydium, Orca, and the newly launched PumpSwap have become the center of the meme coin storm thanks to fast transactions, low fees, and easy accessibility.

Pump.fun has launched its own decentralized exchange (DEX) called PumpSwap, potentially displacing Raydium as the primary trading venue for Solana (SOL) memecoins. Starting on March 20, memecoins that successfully bootstrap liquidity, or “bond,” on Pump.fun will migrate directly to PumpSwap, Pump.fun said in an X post.

Pump.fun launches PumpSwap, its native Solana DEX, offering fee-free migrations and creator revenue sharing amid declining volume. The post Pump.fun rolls out native DEX PumpSwap, ending Raydium migrations appeared first on Crypto Briefing.

RAY's price soared over 28% following speculation about a meme coin launchpad designed to rival Pump.fun and enhance Solana's ecosystem.

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

Raydium has launched LaunchLab, a Pump.fun clone with unique pricing features, sparking divided opinions across the crypto community. Raydium has announced the launch of LaunchLab, a new platform designed for creating and launching tokens—similar to Solana's Pump.

Raydium fights back against Pump.fun with LaunchLab, boosting its token and reshaping Solana's DeFi landscape

Raydium has announced the launch of LaunchLab, a new launchpad for memecoin alternative to pump.fun.

Raydium's native token, RAY, soared during the early hours of the Asian session. The surge comes after the Solana-based decentralized exchange (DEX) and automated market maker (AMM) announced plans for its token launchpad, LaunchLab.

Raydium launches the “LaunchLab” token launchpad to compete with Pump.fun's AMM. Pump.fun contributes over 35% of Raydium's revenue, making it a crucial part of Raydium's business model.

Raydium's RAY token price jumped 28% after announcing LaunchLab, its new token issuance platform designed to compete with Pump.fun.

Raydium, one of the leading decentralized exchanges on the Solana blockchain, has just caused a stir in the world of decentralized finance with the launch of its new token issuance platform, LaunchLab. This bold move, as reported by Blockworks, directly challenges established players like Pump.Fun in the rapidly evolving token launch arena.

LaunchLab will three types of bonding curves that match demand and price for a token and will let third-party UIs set their fees.

Raydium, a Solana-based DEX, is reportedly planning to introduce a meme cryptocurrency factory alternative to Pump.fun. The upcoming Raydium LaunchLab will ensure exponential logarithmic bonding curves matching the asset's price and demand (similar to Pump.fun). The only difference is that it will allow third-party UIs to determine their fees.

Raydium's new launchpad could reshape the meme coin landscape, but user engagement challenges may hinder its competitive advantage. The post RAY jumps 28% after Raydium unveils Pump.fun's meme coin launchpad rival appeared first on Crypto Briefing.

The move comes about a month after Pump.fun was found to be testing a custom-built automated market maker, possibly to replace Raydium.

This is a segment from the Lightspeed 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.