USA | ForkLog - Part 12

ForkLog 39 15.08.2025

Corporate Crypto Treasuries Divide the Community

The trend of establishing digital asset treasuries (DAT) has sparked debate among market participants, reports The Block. The concept of corporate reserves in cryptocurrency emerged in 2020 when Michael Saylor decided to transform his company, Strategy, into the largest public holder of Bitcoin. Following the rise of digital gold, its market value soared, attracting the […]

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ForkLog 104 15.08.2025

US Treasury Rules Out Budget-Funded Bitcoin Reserve

The US government has no plans to purchase additional bitcoin to form a strategic reserve (SBR). This was stated by US Treasury Secretary Scott Bessent in an interview with Fox Business. According to him, the Trump administration’s strategy regarding cryptocurrencies is based on three principles: refraining from new bitcoin purchases at the government’s expense; retaining […]

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ForkLog 112 13.08.2025

Do Kwon Admits to Fraud Charges

Co-founder of Terraform Labs, Do Kwon, has admitted guilt to criminal charges of fraud and conspiracy, according to Reuters, citing court documents. During the hearing, Kwon apologized for his actions. “I made false and misleading statements. I did not disclose the trading firm’s role in restoring the peg. What I did was wrong,” he said. […]

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ForkLog 22 12.08.2025

Wisconsin to Impose Restrictions on Crypto ATMs

Wisconsin lawmakers have introduced two bills aimed at regulating crypto ATMs, prompted by a sharp rise in fraud across the United States. The proposed measures would require crypto ATM operators to obtain a money transmitter license. They would also impose a transaction limit of $1,000 per day for individual customers. Fees would be capped at […]

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ForkLog 50 12.08.2025

The science of manipulation

Classical economic theory assumes people act rationally and strive to maximise their gains. Yet a strand of scholarship disputes this, pointing out that people often act irrationally, swayed by emotions, biases and cognitive limits. In this ForkLog article, we examine how behavioural economics has changed the way we think about human action, why it became […]

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ForkLog 144 11.08.2025

Custodia Bank CEO Analyzes Trump’s Executive Order on Crypto Debanking

On August 7, U.S. President Donald Trump signed an executive order imposing penalties on banks for refusing to serve crypto companies. Caitlin Long, founder of Custodia, dissected the key aspects of the document. 1/ DIGGING THRU Trump’s #debanking executive order—it contains some hidden gems!!! The first one is a doozy—shows the @WhiteHouse understands it can’t […]

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ForkLog 30 11.08.2025

Crypto Funds Rebound with $572 Million Inflow

Between August 2 and 8, crypto funds attracted $572 million, bringing the year’s total inflow to over $30 billion, according to a new report by CoinShares. Source: CoinShares. The previous week, digital asset investment products experienced their first outflow in four months. The turning point came after U.S. authorities decided to include cryptocurrencies in 401(k) […]

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ForkLog 39 08.08.2025

A financial reboot—or another crisis?

In recent years the financial system has been hit by ever more frequent and unpredictable shocks that undermine its resilience. Classic support measures no longer deliver, and talk of another global crisis is growing louder. Against this backdrop, the adoption by TradFi of technological novelties—digital currencies, tokenised assets, blockchain platforms and the like—looks logical. On […]

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ForkLog 64 08.08.2025

Bitcoin Surges Past $117,000 Following Trump’s Executive Order on Pension Plans

The price of the leading cryptocurrency has surpassed $117,000. This surge followed the signing of a new executive order on pension savings by U.S. President Donald Trump. The document instructs the Department of Labor to prepare conditions for the inclusion of cryptocurrencies, private equity, and other alternative assets in 401(k) pension plans. The execution of […]

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ForkLog 24 07.08.2025

Greenidge Sells Mississippi Mining Facility Amid Financial Struggles

Greenidge Generation has sold its Bitcoin mining centre in Mississippi for $3.9 million, merely a year after its launch. This was disclosed in a filing with the SEC. The buyer is U.S. Digital Mining Mississippi, an entity linked to the publicly traded mining firm LM Funding America. The deal excludes the equipment and warehouse located […]

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ForkLog 126 07.08.2025

HashFlare Founders Plead for Leniency in $577 Million Fraud Case

Sergey Potapenko and Ivan Turygin, the founders of the cloud mining service HashFlare, have requested the court to consider their already served 16-month sentence. U.S. prosecutors are pushing for a 10-year prison term for orchestrating a $577 million Ponzi scheme, reports Cointelegraph. On August 6, investigators submitted a memorandum to the federal court in Seattle. […]

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ForkLog 12 07.08.2025

OpenAI Offers ChatGPT to US Federal Agencies for $1

Over the next year, OpenAI will provide ChatGPT Enterprise to US federal agencies for $1. This effectively makes the company’s technology “virtually free” for federal executive branch employees. “The efforts are aimed at fulfilling one of the key objectives of the Trump Administration’s AI Action Plan: to make powerful AI tools accessible to the entire […]

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