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US Lifts Software Export Restrictions for Chip Design in China

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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How crypto is saving freelancers—and entire regions — opinion

How crypto is saving freelancers—and entire regions — opinion

The real growth of Web3 is not in developed financial centres like San Francisco or Singapore but in regions grappling with economic pressure and the shortcomings of the traditional system, Ray Youssef, CEO of the P2P platform NoOnes, told ForkLog. According to him, the driver is not technological hype but a matter of necessity. He […]

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OpenAI Denounces Robinhood’s Stock Tokens as Fraudulent

The AI startup OpenAI has refuted claims regarding the launch of tokenized shares of the firm, which were purportedly offered by Robinhood. These “OpenAI tokens” are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not […]

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Ripple Seeks U.S. Banking License

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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Corporations Outpace ETFs in Bitcoin Purchases for Third Consecutive Quarter

Corporations Outpace ETFs in Bitcoin Purchases for Third Consecutive Quarter

The price of the leading cryptocurrency remains stable due to demand from public companies. Simultaneously, the SEC is accelerating the approval of crypto-based exchange-traded funds. This was reported by analysts at QCP Capital. For the third consecutive quarter, public companies have surpassed ETFs in the volume of bitcoin purchases. Firms such as ProCap BTC LLC, […]

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Cautious Optimism: 96.7% of Bitcoin Supply in Profit

Cautious Optimism: 96.7% of Bitcoin Supply in Profit

As of late June, 96.7% of the supply of the leading cryptocurrency was in profit, indicating a high risk of volatility, according to a report by Glassnode. Percentage of Bitcoin supply in profit. Data: Glassnode. Historically, such high levels lead to selling pressure as the potential for profit-taking increases, researchers noted. The current situation reflects […]

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Amazon Deploys Its Millionth AI-Powered Robot

Amazon Deploys Its Millionth AI-Powered Robot

Amazon has deployed its millionth robot and announced a new generative AI model for its mechanical assistants, designed to enhance their intelligence and efficiency, according to a press release. “This landmark bot was recently delivered to a fulfillment center in Japan. It has joined our global network, which now spans over 300 facilities worldwide,” the […]

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The Srinivasan–Buterin Democratic Republic

The Srinivasan–Buterin Democratic Republic

In 2022 entrepreneur Balaji Srinivasan unveiled the Network State, a concept that fuses an alternative vision of statehood with blockchain technology. In just three years, the idea has moved off the page and into the physical world. In this ForkLog piece, we explore the historical roots of the Network State, the launch of the Network […]

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Bitcoin ETFs Experience First Outflow in 15 Days

Bitcoin ETFs Experience First Outflow in 15 Days

On July 1, U.S. spot exchange-traded funds based on the leading cryptocurrency recorded an outflow of $342.2 million, breaking a 15-day streak that totaled $4.7 billion. Data: SoSoValue. The most popular instrument, IBIT from BlackRock, showed zero flow after 15 days of positive dynamics totaling $3.8 billion. The leader in outflows was FBTC from Fidelity […]

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Trump's Policies May Undermine US Economic Indices

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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Standard Chartered: Bitcoin Halving No Longer Influences Price

Standard Chartered: Bitcoin Halving No Longer Influences Price

Analysts at Standard Chartered forecast a rise in the leading cryptocurrency to $200,000 by the end of 2025, with an interim target of $135,000 in the third quarter. The primary drivers of this growth, according to experts, are inflows into spot ETFs and corporate purchases of Bitcoin. Jeff Kendrick, head of digital asset research, noted […]

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China Introduces Digital IDs for Online Use

China Introduces Digital IDs for Online Use

On July 15th, the Chinese government will launch digital identity cards for online use, shifting the responsibility for citizens’ online identification from private companies to the state. This development is reported by The Economist. The move could impact the distribution of profits from the internet economy and alter the development of artificial intelligence in the […]

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