Phoenix Wallet to Terminate Services to US Clients
Phoenix Wallet, a Bitcoin (BTC) wallet made for Lightning transactions, stated that it will cease to provide services to citizens of the United States on May 3. Phoenix Wallet’s developer, ACINQ, intends to take the app down from American app stores on the specified date, so American users won’t be able to use it after […]
US NIST Allocates $3.6M to Develop Cybersecurity Skill Workforce
The National Institute of Standards and Technology (NIST) of the United States has allocated $3.6M to develop a workforce to protect enterprises against cybersecurity threats. To address the need for qualified cybersecurity workers, the Department of Commerce’s NIST announced on April 3 that 18 education and community-focused groups across 15 states would receive awards totalling […]
Tether Freezes $1.4m USDT Linked to US Tech Fraud
The issuer of the USDT stablecoin Tether helped the FBI and the U.S. Department of Justice seize about $1.4 million worth of USDT. Tether stated in a statement on March 12 that assets will be given back to fraud victims. U.S. officials commended the corporation for their assistance. Tether CEO Paolo Ardoino said: “The seizure […]
Former US President Trump Changes Stance Towards Bitcoin
Donald Trump, the former president of the United States, has changed his opinion about Bitcoin; however, X users quickly pointed out that Trump’s recent change toward Bitcoin could be just an election-related tactic. In reply, Trump stated that the U.S. dollar continues to be his preferred currency, but he also acknowledged Bitcoin’s increasing popularity and […]
Blockchain Could Make Pennies ‘Useful’ – Coinbase Latest Ad
According to a new ad campaign by Coinbase cryptocurrency exchange, the utility of billions of “clunky” pennies in the United States could be restored by moving the U.S. dollar to a “well-designed blockchain.” The campaign occurred on February 12, National Lost Penny Day, an annual observance that began in 1995 to honor the invention of […]