USA | ForkLog - Part 15

ForkLog 98 15.07.2025

Pentagon taps Anthropic, Google, OpenAI and xAI for up to $200m in AI-security work

The US Department of Defense has awarded contracts worth up to $200 million to Anthropic, Google, OpenAI and xAI to develop AI solutions for security. This is stated in a press release. The department’s digital and AI directorate said the funds will accelerate the insertion of frontier capabilities into national-security tools. The companies will develop […]

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ForkLog 28 14.07.2025

Tornado Cash Co-Founder Seeks $1.5 Million for Legal Battle

Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has expressed an urgent need for funds to support his legal defense. He announced a critical fundraising effort to secure an additional $2 million for future expenses. Dear Crypto Community & Privacy Advocates, This is an urgent call: My trial begins July 14, and we’re facing […]

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ForkLog 117 14.07.2025

Nvidia’s chief: China doesn’t need US chips for military use

Nvidia CEO Jensen Huang downplayed US concerns about the use of the company’s chips in China’s military ahead of another visit to the country. He said China’s military would not use American-made technologies because “they simply cannot rely on them.” “Their access can be restricted at any moment, not to mention that China already has […]

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ForkLog 131 10.07.2025

Lacy Hunt on the Fed and America’s outlook

As of 2025, US public debt amounted to 124% of the country’s GDP, roughly $30trn, surpassing the level seen during the second world war. Lacy Hunt, executive vice‑president and chief economist at Hoisington Investment Management, outlined a troubling outlook for the US economy. In an interview with WorthNet the former Federal Reserve official delivered a […]

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ForkLog 19 09.07.2025

Ripple’s Stablecoin Capitalisation Surpasses $500 Million

The stablecoin RLUSD, issued by Ripple, has reached a capitalisation of over $500 million in seven months. Daily capitalisation chart of RLUSD. Data: CoinGecko. According to CoinGecko, the asset ranks among the top twenty dollar-pegged coins with a daily trading volume of $36.6 million. Additionally, Ripple has announced a partnership with Bank of New York […]

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ForkLog 67 06.07.2025

US Secret Service Amasses $400 Million in Seized Cryptocurrency

The Global Investigative Operations Center (GIOC) of the US Secret Service has seized digital assets worth approximately $400 million in recent years, according to Bloomberg sources. The majority of the agency’s assets are stored in a single cold wallet, making it one of the largest in the world. The agency built its crypto fund through […]

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ForkLog 53 04.07.2025

US Lawmakers to Host ‘Crypto Week’

The US House of Representatives announced a ‘Crypto Week’ from July 14 to 18, during which three key digital asset bills will be considered. The initiative was proposed by Speaker Mike Johnson, Chairman of the Financial Services Committee French Hill, and Chairman of the Agriculture Committee Glenn Thompson. This move aims to implement President Donald […]

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ForkLog 73 03.07.2025

Ransom Negotiator Suspected of Colluding with Hackers

The U.S. Department of Justice is investigating a former employee of DigitalMint, a company that assists victims of ransomware attacks, according to Bloomberg. The individual is suspected of colluding with hackers to receive a share of the cryptocurrency paid by victims. DigitalMint President Mark Grens confirmed that a former employee is under investigation. The company […]

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ForkLog 18 03.07.2025

US Lifts Software Export Restrictions for Chip Design in China

The US government has lifted restrictions on the export of chip design software to China, according to reports from Synopsys and Cadence, as noted by CNBC. “Synopsys is working to restore access to products in China that were recently restricted,” stated the California-based software producer. Rival firm Cadence confirmed that the US Bureau of Industry […]

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ForkLog 53 03.07.2025

Ripple Seeks U.S. Banking License

Ripple has applied for a national bank license with the U.S. Office of the Comptroller of the Currency (OCC). This information was confirmed by the company’s CEO, Brad Garlinghouse. True to our long-standing compliance roots, @Ripple is applying for a national bank charter from the OCC. If approved, we would have both state (via NYDFS) […]

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ForkLog 46 02.07.2025

Trump’s Policies May Undermine US Economic Indices

The policies of US President Donald Trump’s administration could undermine the reliability of key economic indicators, including the Consumer Price Index (CPI), reports The Economist. The comprehensive information-gathering system is suffering due to increasing staff cuts at government agencies. By August 2025, data on producer prices in 34 industries will disappear. This could distort the […]

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ForkLog 23 02.07.2025

US Sanctions Imposed on Bulletproof Hosting Provider

OFAC added the Russian company Aeza Group, a provider of global Bulletproof hosting services, to its sanctions list, accusing it of supporting cybercriminal activities. According to the agency, the firm, headquartered in St. Petersburg, sells access to specialized servers and other computer infrastructure used by operators of ransomware, data thieves, and drug traffickers worldwide. Specifically, […]

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