USA | ForkLog - Part 35

ForkLog 18 05.02.2025

Hester Peirce Outlines Priorities for SEC’s Crypto Task Force

The priorities for the cryptocurrency task force at the SEC include determining which assets are not securities and establishing a clear procedure for registering new tokens. This was announced by Commissioner Hester Peirce, who leads the group. The group plans to identify areas outside the Commission’s jurisdiction and reassess the approach to token offerings. Experts […]

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ForkLog 48 05.02.2025

David Sacks Prioritizes Bitcoin Reserve Assessment

Assessing the bitcoin reserve is a primary task for the Digital Asset Markets Working Group, according to David Sacks, special advisor to Donald Trump on AI and cryptocurrencies and head of the group. The creation of a national bitcoin reserve was among the campaign promises of the U.S. President. Sacks described the asset as an […]

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ForkLog 11 04.02.2025

Canadian Accused of Stealing $65 Million from KyberSwap and Indexed Finance

U.S. authorities have charged Canadian Andean Medjedovic with fraud, hacking, attempted extortion, and money laundering in connection with the theft of approximately $65 million from DeFi projects KyberSwap and Indexed Finance. In October 2021, the accused allegedly exploited a vulnerability in the rebalancing mechanism of Indexed Finance’s smart contract code, using “hundreds of millions of […]

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ForkLog 13 04.02.2025

Eric Trump urges buying Ethereum

Eric Trump recommended buying ETH after a sharp correction. World Liberty Financial moved $307.41m in assets to Coinbase Prime. Representatives of Movement Network and TRON denied reports of a “deal” with WLFI. Eric Trump, son of the sitting US president, advised buying ETH. A day earlier the Trump family’s firm, World Liberty Financial (WLFI), had […]

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ForkLog 12 03.02.2025

Anthony Scaramucci: Trump’s Crypto Promises May Be Illusory

Donald Trump’s campaign promises to ease regulatory constraints on the U.S. crypto industry may prove deceptive. These insights were shared by SkyBridge Capital founder and former presidential administration member Anthony Scaramucci with Benzinga. “Sometimes in the desert, when you see an oasis, it may turn out to be a mirage,” noted the entrepreneur. He emphasized […]

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ForkLog 42 03.02.2025

Utah Poised to Lead in Establishing First US Bitcoin Reserve Law

Utah may become the first US state to approve a bill establishing a strategic reserve in the leading cryptocurrency (SBR). This prediction was made by Dennis Porter, CEO of Satoshi Action Fund. The expert attributed this assessment to a shorter 45-day window for passing bills. “Other [states] do not have such a ‘fast’ calendar, political […]

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ForkLog 97 03.02.2025

Crypto suffers its biggest liquidation on record

On February 3, after Donald Trump’s remarks about aggressive tariffs on imports into the United States, total crypto market capitalisation fell by 11.7% to $3.16 trillion. American authorities are imposing additional 25% levies on imports from Canada and Mexico, and 10% on goods from China. Trump also said he intends to take similar steps on […]

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ForkLog 54 02.02.2025

Cold Snap in the US Adversely Affects Mining Industry

The rise in electricity prices in the US due to a temperature drop in the southern part of the country has led to the first decrease in Bitcoin mining difficulty in four months and a decline in cryptocurrency miners’ revenues. This is reported by The Block, citing a report by Luxor. Data: The Block. […]

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ForkLog 20 02.02.2025

Trump’s Tariffs Trigger Bitcoin Market Correction

On February 2, the leading cryptocurrency fell below $100,000 following the imposition of import tariffs by U.S. President Donald Trump on goods from China, Canada, and Mexico. 15-minute BTC/USDT chart from Binance. Data: TradingView. The main decline began around 3:00/4:00 (Kyiv/MSK), with Bitcoin recovering by morning, only to later breach the psychological level again. According […]

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ForkLog 15 30.01.2025

US states start a race for bitcoin reserves

John Cabello, the deputy minority leader in the Illinois House of Representatives, has introduced a bill to create a Strategic Bitcoin Reserve (SBR). Dennis Porter, CEO of Satoshi Action Fund, drew attention to this and several similar initiatives. The organisation he leads promotes bitcoin in the country’s political and business circles. MASSIVE NEWS: A bill […]

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ForkLog 76 29.01.2025

Gary Gensler Returns to MIT as Professor After Leaving SEC

The Sloan School of Management at the Massachusetts Institute of Technology (MIT) announced the return of Gary Gensler as a professor. Having resigned on January 20, the former chairman of the SEC will engage in teaching and research in the fields of artificial intelligence, financial technology, and public policy. Gensler will also return to the […]

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ForkLog 24 28.01.2025

KuCoin Fined $300 Million for Unlicensed Operations

The cryptocurrency exchange KuCoin has admitted to conducting unlicensed money transmission business in the United States and has agreed to pay fines and compensations amounting to nearly $300 million. KuCoin pleads guilty to unlicensed money transmission charge and agrees to pay penalties totaling nearly $300 millionhttps://t.co/0Unaqbvro6 — US Attorney SDNY (@SDNYnews) January 27, 2025 In […]

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