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Saniya

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Sec Drops Lawsuit Against Dragonchain

SEC to drop lawsuit against Dragonchain

Key Takeaways The U.S. Securities and Exchange Commission has officially dismissed its lawsuit against blockchain firm Dragonchain two years after accusing it of unregistered offering of crypto asset securities. The SEC and Dragonchain filed a joint stipulation on April 24…

Kucoin Enters Thai Crypto Market

KuCoin Enters Thai Crypto Market with SEC-Licensed Exchange

Key Takeaways Laeding crypto exchange KuCoin has formally launched its operations in Thailand, expanding its footprint in Southeast Asia by partnering with ERX Company Limited—a platform licensed by Thailand’s Securities and Exchange Commission (SEC). ERX, now rebranded as KuCoin Thailand,…

Kiloex To Compensate Users After $7 Million Exploit

KiloEx to Compensate Users After $7 Million Exploit

Key Takeaways KiloEx, a decentralized exchange (DEX), has announced a compensation plan following a security breach earlier this month that led to $7 million in losses. The platform suspended operations on April 14 after containing the exploit, which was attributed…

Snx Deposits Suspended By Upbit, Bithumb

SNX Deposits Suspended by Upbit, Bithumb Amid sUSD Instability

Key Takeaways Two of South Korea’s leading digital asset exchanges, Upbit and Bithumb, have halted deposits of Synthetix’s token, SNX, following the asset’s designation as a trade warning commodity by the Digital Asset eXchange Alliance (DAXA). The suspension stems from…