Pakistan May Adopt Digital Currency: Finance Minister

In Saudi Arabia, Pakistan’s Finance Minister Muhammad Aurangzeb shared plans about introducing digital currency in the country. He mentioned that this could potentially help underprivileged women in Pakistan who currently face issues with male family members taking away their government-issued cash assistance. By using digital wallets instead, these women could maintain financial independence. Saudi Arabia: … Read more

DOJ Opposes Dismissal of Tornado Cash Founder’s Charges

The U.S. Department of Justice (DOJ) is challenging efforts to dismiss charges against Tornado Cash co-founder Roman Semenov. In their recent court filing, prosecutors argued that Semenov should be held accountable for conspiracy and money laundering due to Tornado Cash’s operations. The U.S. Department of Justice (DOJ) is resisting attempts to drop the accusations against … Read more

SlowMist Reveals Node Hijacking Scheme in Crypto Fraud

Blockchain investigators at SlowMist have uncovered a new crypto scam targeting users making offline USDT payments through physical cash trades. The con artists deceive victims into connecting their imToken wallets to a malicious node controlled by the scammers. As a crypto investor, I’ve come across some troubling news. Blockchain investigators at SlowMist have uncovered a … Read more

Robinhood Wallet Integrates Polygon for Cross-Chain Swaps

Robinhood Wallet just made it easier for users to swap tokens across different blockchain networks, thanks to collaborations with 0x Project and LI.FI protocols. Now, Robinhood users can easily switch between tokens supported by these projects on the Polygon Proof-of-Stake network. This new functionality is a game-changer, providing access to over 23 million Robinhood app … Read more

Phoenix Wallet halts services for US users amid regulatory uncertainty

Phoenix Wallet, a Lightning payment Bitcoin wallet, is no longer available for U.S. residents starting May 3. ACINQ, the company behind Phoenix Wallet, plans to remove it from U.S. app stores, leaving American users without access. The reason for this decision isn’t clear yet, but recent U.S. government statements have raised doubts about the regulatory … Read more