Phoenix Wallet to Stop Serving US Customers on May 3rd
Phoenix wallet users in the United States are encouraged to close their channels and empty their wallets prior to May 3, 2024.
News
Lightspark Gets Debanked by Bill.com
Lightning infrastructure service provider Lightspark revealed it had issues with its fiat financial services provider.
FBI Issues Warning Against Using 'No-KYC Cryptocurrency Money Transmitting Services'
In a move against what's deemed the best practices in Bitcoin security, the Federal Bureau of Investigations issued a warning to Americans against using 'cryptocurrency' services that are not registered as money services businesses (MSB) or do not perform KYC surveillance on their users.
PayPal Proposes Scheme To Selectively Mine With ESG Compliant Miners
The paper proposes routing transactions to whitelisted 'green miners' using low fees and a 'locked' BTC reward in a multisig payout address.
Five New Editors Added to Oversee Bitcoin Improvement Proposals
After public discussion, Bryan “Kanzure” Bishop, Jon Atack, Mark “Murch” Erhardt, Olaoluwa “Roasbeef” Osuntokun, and Ruben Somsen have been made BIP editors.
EU Parliament Adopts New Financial Surveillance Rules for Service Providers
The EU Parliament approved a new AML package that will come into effect in 3 years. The new rules contain enhanced customer surveillance measures for financial institutions and EU wide limit of 10000 EUR on cash payments for obligated entities.
Samourai Wallet Founders Arrested & Charged with Money Laundering, Unlicensed Money Transmitting Offenses
U.S. Department of Justice (DOJ) Prosecutors are alleging Samourai Wallet laundered over $100 million in criminal proceeds.
El Salvador's Chivo Wallet Source Code & VPN Access Leaked
Hacker group CiberInteligenciaSV leaked snippets of Chivo wallet's source code and VPN access information.
Block Announces 3nm Bitcoin Mining Chip & Development of Full Bitcoin Mining System
Block unveiled plans to offer both a standalone 3nm Bitcoin mining chip, and a comprehensive mining system developed by the company, with contributions from the mining community.
Africa Bitcoin Conference 2024 to Take Place on December 9-11 in Nairobi, Kenya
"We are thrilled to host the third edition of the Africa Bitcoin Conference in Nairobi, Kenya," said Farida Nabourema, convener of the Africa Bitcoin Conference.
OpenSats Receives $1M Donation From The Reynolds Foundation
"We are delighted to announce that the Reynolds Foundation is supporting OpenSats with a very generous donation of $1,000,000," announced OpenSats, a non-profit dedicated to supporting developers working on free and open source freedom tech projects.
Biden Signs Reauthorization of Expanded FISA 702 Warrantless Surveillance Program After It Passes Senate
Section 702 has been reauthorized, not just without any meaningful reforms but also with 'dramatic and terrifying' expansions of the US government surveillance authority.