The Philippines SEC has warned that Binance is not registered in the country and operates without necessary licenses.
The Singapore-based firm has proposed to pay creditors 3.35 cents on the dollar in its latest restructuring plan, according to Bloomberg, which cites people familiar with the matter.
The project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the BIS initiative said.
Decentralized exchanges Velodrome and Aerodrome warned users that their websites have been compromised.
Crypto market capitalization rose 2.3% in the past 24 hours.
The deal would see DCG repay $275 million it owes to Genesis by April.
Binance is paying literally billions of dollars and giving the U.S. government unfettered access to its books, while its founder and former CEO Changpeng Zhao is looking at maybe a year and a half in federal prison. But Binance the exchange is still operating, while federal prosecutors are admitting in court filings that CZ still has most of his money.
The hacker responsible for draining $47 million from KyberSwap last week pledged to release a statement on a potential deal with victims.
Go to Source Author: Danny Nelson
The internet was supposed to make us more liberated and healthier. Instead, it stole our data, freedom and mental health, says Project Liberty Founder Frank McCourt, who’s advancing a new digital infrastructure to support a better web and better world.
