Cryptocurrencies | ForkLog

ForkLog 38 19.05.2025

Criminals Target Families of Crypto Entrepreneurs

Executives of cryptocurrency firms are increasingly concerned about the rising number of attacks aimed at kidnapping and extorting digital assets, prompting them to hire bodyguards. This is reported by WSJ. On May 13, in the Paris district of Le Marais, the daughter of Paymium crypto exchange founder Pierre Noizat was attacked by three masked individuals. […]

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ForkLog 20 16.05.2025

The Ultimate Swamp Asset: The Economist’s Disillusionment with Cryptocurrencies

Digital assets, initially conceived as an apolitical tool, have become synonymous with bribery and greed, according to an article in The Economist. Cover of the article. Source: The Economist. The article was published under the headline “Cryptocurrency has become the ultimate swamp asset.” The authors noted that over the past few years, this new financial […]

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ForkLog 13 14.05.2025

Former Congressman Reveals Gensler’s Private Support for Cryptocurrencies

Former U.S. Congressman Patrick McHenry stated that ex-SEC Chairman SEC Gary Gensler privately exhibited a more balanced view on cryptocurrencies than in his public statements. He shared this on the Crypto In America podcast. ?SCOOP: @PatrickMcHenry reveals that former SEC chief Gary Gensler was not as anti-crypto in private as he was in public. “I […]

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ForkLog 43 14.05.2025

US Senators Urge Reassessment of Tax on Unrealized Crypto Gains

US Senators Cynthia Lummis and Bernie Moreno have called on the Treasury to exclude unrealized cryptocurrency gains from corporate tax calculations. Our edge in digital finance is at risk if U.S. companies are taxed more than foreign competitors. @berniemoreno & I urged the @USTreasury to lift an unintended tax burden on U.S. digital asset companies. […]

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ForkLog 8 13.05.2025

Arizona Governor Rejects ‘Risky’ Cryptocurrency Bills

Arizona Governor Katie Hobbs vetoed two cryptocurrency-related bills, labeling them as ‘too risky’. The first rejected bill proposed the creation of a reserve fund from confiscated digital assets. Hobbs noted that she had already signed a law allowing the state to use cryptocurrency without risking the main budget. She stated that market volatility makes such […]

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ForkLog 50 12.05.2025

Zelensky Withdraws Cryptocurrency Bill: Reasons Revealed

The Office of the President of Ukraine has blocked the consideration of a bill regulating cryptocurrencies in the country, as reported by MP Yaroslav Zheleznyak on Telegram. According to him, President Volodymyr Zelensky has withdrawn the document from consideration indefinitely. “The bill disappeared from the Verkhovna Rada’s agenda after a meeting at the President’s Office. […]

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ForkLog 20 12.05.2025

US Senators Propose Ban on Cryptocurrency Promotion by Government Officials

Twenty Democratic senators in the United States have introduced a bill prohibiting the president, vice president, members of Congress, and their families from issuing or promoting cryptocurrencies. The initiative, titled the “End Crypto Corruption Act — 2025,” also targets executive branch employees, including Elon Musk, who heads the Department of Government Efficiency (DOGE). The document […]

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ForkLog 134 07.05.2025

Trump’s Crypto Ventures Under Scrutiny for Conflict of Interest

Democrats have accused Republicans of systematically ignoring Donald Trump’s conflict of interest related to his ties in the crypto sphere. Senator Chris Murphy proposed a bill prohibiting federal officials from promoting meme coins for personal gain. Senator Richard Blumenthal initiated an investigation into Trump’s crypto connections, demanding disclosure of financial flows and ownership structure. Democrats […]

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ForkLog 16 06.05.2025

Cryptocurrency Mentions in SEC Filings Reach Record High

In April, the number of mentions of “cryptocurrencies” in reports to the SEC surged to a record 786. This figure rose by 38% month-on-month and 8% year-on-year, according to The Block. From January 2024 to March 2025, the average monthly figure was 457. The publication suggests this spike indicates increased federal agency attention to digital […]

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ForkLog 25 06.05.2025

Bank of Russia Identifies 1,638 Crypto Pyramid Schemes

The Bank of Russia reported a surge in crypto pyramid activity: in the first quarter of 2025, the regulator identified 2,780 illegal projects — a 56% increase compared to the previous year. Nearly 60% of these (1,638 cases) were pseudo-investment platforms where cryptocurrencies became the primary tool for attracting funds. 86% of fraudulent projects demanded […]

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ForkLog 15 06.05.2025

Trump to Host Two Crypto Investor Dinners in May

U.S. President Donald Trump is set to host two cryptocurrency events in May: one for affluent political sponsors and another for TRUMP meme coin holders, according to CNBC. The “Dinner for Innovators in Cryptocurrency and Artificial Intelligence,” priced at $1.5 million per seat, took place on May 5 with the participation of David Sacks, Trump’s […]

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ForkLog 71 05.05.2025

Kidnappers of Crypto Businessman’s Father Arrested in France

French police have freed the father of an entrepreneur allegedly linked to the crypto industry. The perpetrators demanded a ransom ranging from €5 million to €7 million, according to local media. Prosecutors stated that the kidnappers severed the hostage’s finger. Five suspects, including the driver, have been detained. The family did not pay the ransom. […]

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