FTX will repay major creditors on May 30 using $11.4B in cash. Repayments are based on November 2022 asset values, not current prices.

The crypto derivatives platform Hyperliquid is stepping up its risk management after a major liquidation event involving the JELLY token. To prevent losses for affected traders, the platform has confirmed that users who held long JELLY positions at settlement will be compensated $0.037555. However, flagged accounts will not be eligible for this refund.

Hyperliquid has dropped by 1% today, with its fall to $14.43 coming after Bitget CEO Gracy Chen criticized the platform for its delisting of JELLY perpetual futures contracts. The post Is Hyperliquid in Trouble? JELLY Token Controversy Sparks FTX 2.0 Fears appeared first on Cryptonews.

In a thread on X this morning, Synthetix founder Kain Warwick offered a stark look into the inner workings of crypto market makers (MMs) and their evolution over the years.

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 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.

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.

Binance has announced the first batch of “Vote to Delist” tokens, adding top altcoins such as JasmyCoin (JASMY), Zcash (ZEC) and FTX Token (FTT). The exchange said these first tokens in the community co-governance initiative on listing and delisting have monitoring tags.

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Following a $50 million loss in 2023, blockchain game developer Immutable claims its 2024 performance has rebounded, with revenue exceeding $110 million.

The cryptocurrency market finally recovered after losing nearly a trillion in the earlier crash. However, not all crypto tokens are worth holding, and investors should focus on the best one to benefit from amid these changing market sentiments.

The crypto market faced a challenging week, but the new week brings hope for recovery. Whether this rebound stems from broader market trends or individual network developments remains uncertain.

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

SBF defended layoffs as necessary for business efficiency, aligning with Elon Musk's recent federal employee downsizing rhetoric.

FTX's native token, FTT, has seen a significant 44% surge in price following recent comments made by Sam Bankman-Fried, the founder of the now-bankrupt exchange. The rise, however, seems to be driven by sentiment rather than strong investor backing, leading some to question whether the rally is sustainable.

Immutable (IMX) collaborates with Tokyo Beast, marking its third unicorn developer partnership, to bolster Web3 gaming in Japan's $27.4B market.

FTT, the native cryptocurrency for the now-defunct FTX crypto exchange, saw a major surge earlier on Tuesday, skyrocketing around 45% in less than two hours to tap $2.25, following Sam Bankman-Fried's first tweet in two years.

FTXs native token, FTT, saw a sudden surge Monday night after Sam Bankman-Frieds X (formerly Twitter) account posted for the first time in two years. The disgraced FTX founder, currently serving a 25-year prison sentence for fraud and conspiracy, reportedly lacks direct access to social media.

FTX's native token, FTT, has been experiencing a rollercoaster of price action, particularly following recent corrections. Despite FTX beginning payouts to its creditors, the altcoin struggled to regain its footing in the market over the past week.

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After two years of silence, the former CEO of FTX, Sam Bankman, currently imprisoned, has made his return to social media. This unexpected appearance caused a spectacular rise in the price of the FTT cryptocurrency, rekindling investor interest despite the historic collapse of the platform.

FTX Token (FTT) briefly surged following a tweet from imprisoned founder Sam Bankman-Fried, while his parents seek a presidential pardon for him.

Former FTX CEO Sam Bankman-Fried, who is currently serving a 25-year prison sentence, just broke the internet with shocking tweets from prison! The tweets seemed to reference Elon Musk's recent call for federal employees to report their work activities or face resignation.

Sam Bankman-Fried, the disgraced founder of FTX, posted on X for the first time in two years, triggering a 30% spike in the price of FTT, the exchange's native token. In his Feb.

Digital assets continued to underperform amidst global economic uncertainties. The downside escalated over the past 24 hours as Bitcoin plunged to $90K. While altcoins suffered the most, recording double-digit losses on their daily charts, FTX's FTT grabbed attention with wild movements. FTT soared from the lows of $1.5515 to $2.

SBF, who is currently serving a 25-year sentence, has posted a series of threads on X, expressing his thoughts on the recent US federal layoffs. The post Jailed FTX Founder SBF's Tweets Drive Native Token Price, FTT Surges 30% appeared first on Cryptonews.

Former FTX CEO Sam Bankman-Fried said he had not checked his email for the past few hundred days and that being employed is a lot less relaxing than it looks.