ForkLog — digital economy, AI, singularity, future is now

The total volume of Bitcoin reserves accumulated by companies reached a record 840,000 BTC in August, yet the size of purchases and transactions fell to annual lows, according to CryptoQuant.

News and Analysis56

Trump Media Acquires 684 Million CRO TokensTrump Media acquired 684 million CRO tokens in a deal with Crypto.com.

Trump Media & Technology Group (TMTG), the parent company of former U.S. President Donald Trump's social network Truth Social, acquired 684.4 million Cronos (CRO) tokens as part of an agreement with the cryptocurrency exchange Crypto.com.

News and Analysis101

A ‘free’ TradingView Premium hides a stealer, a record DDoS hits Cloudflare, and other cybersecurity newsThis week’s key cybersecurity stories, from fake TradingView to a record Cloudflare DDoS.

We round up the week’s most important cybersecurity news.

Longreads

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Digital sandsHow Gulf monarchies are buying up the Web3 future

How the UAE and Saudi Arabia plan to outpace global technology leaders.

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Bitcoin and ether: levels of decentralisationA comparison of the two ecosystems in their current state

Vladimir Menaskop on why the first cryptocurrency lags Vitalik Buterin’s project on many counts.

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When ‘clean’ is not enoughWhy exchanges freeze accounts not tainted by crime

When exchanges freeze wallets that never received “dirty” funds—and how to reduce the risk.

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Qubic versus Monero: threat or theatre?Why a useful-work blockchain focused on decentralised AI would seize other networks

What may lie behind Qubic’s motives and the fallout from the attack on Monero.

News and Analysis58

Tether’s Gold Investment Plans Unveiled by JournalistsTether discusses gold mining investments, surprising the sector.

Tether, the issuer of the USDT stablecoin, has engaged in discussions regarding investments in gold mining, according to Financial Times, citing its own sources.

News and Analysis36

Kazakhstan Permits Regulatory Fee Payments in StablecoinsKazakhstan allows regulatory fee payments in stablecoins.

The Astana Financial Services Authority has launched an initiative allowing organisations registered with the AIFC to pay regulatory fees in stablecoins pegged to the US dollar.

News and Analysis64

SEC Loses Gary Gensler’s Correspondence Due to IT Department ErrorSome dialogues concerned enforcement in the crypto industry.

SEC lost the correspondence of former chairman Gary Gensler from October 2022 to September 2023, which also pertained to crypto regulation.

News and Analysis23

Ethereum ICO Participant Stakes $665 Million in CoinsEthereum ICO whale stakes 150,000 ETH after four years of inactivity.

On September 5, a whale who participated in the Ethereum ICO staked 150,000 ETH (approximately $665 million) after four years of inactivity.

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What is OP_RETURN—and how does it enable data storage on the Bitcoin network?

The main pros and cons of adding non-financial data to Bitcoin’s blockchain.

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What is a Token Generation Event (TGE)?

How digital assets are “born” on a blockchain.

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What is the Nakamoto coefficient—and how to calculate it?

A primer on a metric that gauges a network’s decentralisation.

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BitOK’s AML service: what it is and how it works

Users can deploy AML tools from firms like BitOK to minimise risks when dealing with high-risk services and suspicious transactions.

News and Analysis74

South Africa Tightens Tax Oversight on Crypto InvestorsSouth Africa intensifies crypto tax oversight; Ripple introduces stablecoins to Africa.

As South African authorities prepare to intensify oversight of cryptocurrency market participants, major companies like Ripple are introducing their stablecoins to the African continent.

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

News and Analysis76

Bitcoin Trader Warns of a ‘2024-Style’ Bear TrapBitcoin is poised for a "serious short squeeze," says trader Luca.

The leading cryptocurrency is poised for a "serious short squeeze" as market makers prepare a large-scale bear trap, according to a trader known as Luca.

News and Analysis43

South Korea Implements New Rules for Crypto LoansSouth Korea's FSC released guidelines for crypto lending on September 5.

On September 5, South Korea's Financial Services Commission released guidelines for lending services on centralised cryptocurrency exchanges.

News and Analysis65

Exploiting Grok: Chatbot Used to Spread Scam LinksMalefactors exploit Grok for posting prohibited links on X.

Malefactors have found a way to exploit Grok for posting prohibited links on X.

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Justin Sun Blacklisted by WLFIWLFI blacklists Justin Sun after token transfer to HTX.

The Trump family's World Liberty Financial project has blacklisted TRON founder Justin Sun's address following the transfer of 50 million WLFI tokens to the HTX exchange.

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Russia’s Finance Ministry wants to tokenise gold. Experts explain whyRussia eyes gold tokenisation for cross-border payments, but hurdles remain.

Tokenising gold is “a very promising solution” for Russia that could be implemented soon, said Alexei Yakovlev of the finance ministry.

News and Analysis76

Apple to Launch AI-Powered Web Search Engine, Reports SayApple plans to launch an AI-powered web search engine integrated with Siri.

Apple is reportedly planning to launch its own AI-powered web search engine, integrating it into Siri.

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Bloomberg Analyst Foresees a ‘Corporate’ Altcoin SeasonAltcoin season is here for coins in corporate reserves, says Bloomberg's Seyffart.

The current market is experiencing an altcoin season, but only for coins that major companies have added to their reserves, according to Bloomberg analyst James Seyffart.

News and Analysis57

Tristero Research Warns of Potential 2008-Like Crisis in RWA SectorRWA sector's rapid growth may trigger a 2008-like crisis at blockchain speed.

The rapidly growing RWA sector is creating a "liquidity paradox" that could trigger a crisis akin to the 2008 mortgage collapse, but at "blockchain speed."

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Quantum Computer Cracks ‘Tiny’ Cryptographic KeyExperts say the situation does not threaten Bitcoin and Ethereum security.

Engineer Steve Tippeconnic has cracked a six-bit cryptographic key on ECC using IBM's quantum computer.

News and Analysis72

Bitwise Analyst Predicts Boom in Tokenized Pokémon CardsIn August, trading turnover of these assets on four marketplaces exceeded $124 million.

Tokenized Pokémon cards are poised to replicate the success of Polymarket, according to Bitwise analyst Danny Wilson.

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Trader Identifies Bullish Pattern on DOGE Chart Targeting $1.4Analyst sees bullish pattern on Dogecoin chart, suggesting a potential rally.

According to an analyst known as Bitcoinsensus, a bullish pattern is forming on the weekly chart of Dogecoin, indicating a potential strong rally.