Immutable has received a Wells Notice from the SEC, raising concerns about the classification of its IMX token as a security following a 2021 listing and private sales.

Pudgy Party will bring Pudgy Penguins into mobile gaming with a fun, teamwork-focused experience available globally in 2025. Built on the Mythos blockchain, it blends digital gameplay with real-world items and community engagement, making it accessible and customisable for players of all ages.

Alameda Research is suing KuCoin to recover over $50 million in frozen assets linked to the FTX collapse, claiming KuCoin has unjustly refused to release the funds. KuCoin has stated the assets were frozen due to suspicious activities and is following legal orders regarding the situation.

U.S. spot Bitcoin ETFs are nearing a milestone of one million BTC in holdings, driven by strong inflows and growing institutional demand. As Bitcoin's price rises, analysts warn that supply constraints could push prices even higher.

El Salvador's President Nayib Bukele donated two Bitcoins, worth about $134,000, to help build 1,000 schools in Honduras, a country facing poverty and educational challenges. The donation was received by philanthropist Shin Fujiyama, who co-founded Students Helping Honduras and is currently running a charity run in El Salvador to raise funds for the initiative.

A man from China, Jiangsu, accumulated significant debt after losing money in cryptocurrency and gambling. To cover his losses, he committed fraud by borrowing against luxury cars he didn't own, which led to his arrest and a three-year prison sentence for contract fraud.

Anthropic has launched two new AI models, Claude 3.5 Sonnet and Claude 3.5 Haiku, featuring improved coding abilities and performance. The Sonnet model can now interact with computer interfaces directly, allowing it to automate tasks, while the Haiku model aims to deliver high efficiency and low latency for user-facing applications.

A former CEO lost nearly all his savings after connecting to a close friend's WiFi, which allowed the friend to take control of his device and steal $450,000 from his cryptocurrency wallet. After an investigation, he recovered some of the funds but learned a hard lesson about trust and the risks of using public networks.

Meta is using facial recognition technology to block scam ads that misuse celebrity images and help users recover their accounts faster. The system compares faces in ads with real profile pictures to detect and stop fraud in real time.

Taiwan is reconsidering its nuclear energy policy to meet the rising electricity demand driven by the booming semiconductor industry and AI applications. With projected electricity needs soaring from 240,000 kilowatts in 2023 to 2.24 million kilowatts by 2028, the government is exploring all viable energy sources, including nuclear power. to soar significantly in the coming years.