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SEC Issues Wells Notice to Immutable, Alleging IMX Token Violations

The SEC’s scrutiny of Immutable underscores a larger regulatory question regarding tokens used within decentralized gaming ecosystems. Immutable’s $IMX token functions as an in-game asset for transactions and ownership on the company’s blockchain gaming platform. Immutable asserts that such tokens, designed for a specific purpose within digital economies, should be distinguished from traditional securities. The […]

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Anthropic urges AI regulation to avoid catastrophes

Anthropic has flagged the potential risks of AI systems and calls for well-structured regulation to avoid potential catastrophes. The organisation argues that targeted regulation is essential to harness AI’s benefits while mitigating its dangers. As AI systems evolve in capabilities such as mathematics, reasoning, and coding, their potential misuse in areas like cybersecurity or even […]

Press Release

Bitcoin Hits Yearly Max Pain With $2.2 Billion Options Expiring

The crypto market will witness $2.29 billion in Bitcoin and Ethereum options contracts expire today. This massive expiration could impact short-term price action, especially as both assets have recently declined. With Bitcoin (BTC) options valued at $1.94 billion and Ethereum at $344.92 million, traders are bracing for potential volatility. Crypto Options Expiring Today This Friday’s Bitcoin […]

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What Crypto Whales Are Buying for November 2024

Historically, the fourth quarter often brings notable gains for cryptocurrencies, and with November underway, crypto whales are strategically positioning themselves for potential profits.  These large holders, who heavily influence price trends, are closely eyeing assets with strong growth potential. By analyzing on-chain data, BeInCrypto identifies the altcoins that crypto whales are buying this month, offering […]