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IMX surges 15% after Immutable says SEC ended probe


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...

Immutable Cleared as SEC Drops Crypto Token Investigation 


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...

Abracadabra.Money’s GMX pools hacked, $13M lost


About $13 million worth of cryptocurrency has been drained from decentralized lending protocol Abracadabra.Finance following an exploit targeting pools using GMX tokens.In a March 25 X post, crypto cybersecurity firm PeckShield reported that contracts related to GMX and Abracadabra.Money had been...

Abracadabra.Money’s GMX pools hacked, $13M lost


About $13 million worth of cryptocurrency has been drained from decentralized lending protocol Abracadabra.Money following an exploit targeting pools using GMX tokens.In a March 25 X post, crypto cybersecurity firm PeckShield reported that contracts related to GMX and Abracadabra.Money had been...

Friday’s US inflation report may catalyze a Bitcoin April rally


Traditional and cryptocurrency investors eagerly await Friday’s Personal Consumption Expenditures (PCE) release in the US, which may provide some relief to inflation-related concerns and increase investor appetite for risk assets including Bitcoin.The US Bureau of Economic Analysis (BEA) will...

Tokenized real estate trading platform launches on Polygon


Real-world asset (RWA) tokenization platform DigitShares is bringing tokenized real estate trading to Polygon with the launch of RealEstate.Exchange, also known as REX.According to a March 25 announcement, REX is designed to offer retail investors a compliant venue for fractional property...

Pump.fun’s new DEX reaches $1B volume a week after launch


Memecoin launchpad Pump.fun’s new decentralized exchange (DEX), PumpSwap, surpassed a cumulative trading volume of $1 billion a week after its launch, according to blockchain analytics platform Dune.On March 19, Pump.fun launched its Solana DEX to create a “frictionless...

Onchain sleuth ZachXBT accuses Crypto.com of CRO supply manipulation


Crypto.com is facing criticism from the crypto community after reissuing 70 billion Cronos tokens burned in 2021. Critics said the move undermines the principles of decentralization and transparency in the cryptocurrency space.The controversy erupted on March 25 after onchain investigator ZachXBT...

Onchain sleuth ZachXBT accuses Crypto.com of CRO supply manipulation


Crypto.com is facing criticism from the crypto community after reissuing 70 billion Cronos tokens burned in 2021. Critics said the move undermines the principles of decentralization and transparency in the cryptocurrency space.The controversy erupted on March 25 after onchain investigator ZachXBT...

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