USA | ForkLog - Part 24

ForkLog 40 01.05.2025

World to Launch Eye-Scanning ‘Orbs’ Across the US

Sam Altman’s blockchain project, World, is entering the US market. By the end of the year, it plans to deploy 7,500 eye-scanning “orbs” in various cities across the country, according to CoinDesk. The devices, resembling bowling balls and designed to scan the iris for identification, will initially appear in six “key innovation hubs”: Atlanta, Austin, […]

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ForkLog 133 30.04.2025

Trump Media to Introduce Wallet and Token for Subscriptions on Truth Social

Trump Media & Technology Group (TMTG), the parent company of former U.S. President Donald Trump’s social network Truth Social, is considering launching a token and wallet for payments on the streaming platform Truth+. This was announced by TMTG CEO Devin Nunes in a letter to shareholders. The digital asset is initially planned for use in […]

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ForkLog 50 30.04.2025

US Court Blocks OFAC from Reinstating Sanctions on Tornado Cash

A US federal court has prohibited the Office of Foreign Assets Control (OFAC) of the US Treasury from reinstating or imposing renewed sanctions against the Tornado Cash service. The decision by federal judge Robert Pitman responds to a lawsuit by users of the mixer, led by Joseph Van Loon, who called the restrictions “illegal.” Tornado […]

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ForkLog 18 29.04.2025

Arizona Lawmakers Approve Bitcoin Reserve Initiative

Arizona state legislators have approved a bill to establish a Strategic Bitcoin Reserve (SBR), according to Bloomberg Government. The document has been sent to Governor Katie Hobbs for her signature. It permits the investment of up to 10% of treasury and pension fund assets in digital assets. The bill was co-authored by Senator Wendy Rogers […]

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ForkLog 30 28.04.2025

Celsius Creditors Demand Life Sentence for Alex Mashinsky

Among the more than 200 victims of the Celsius collapse, many have called for a life sentence for the company’s founder, Alex Mashinsky, according to Bloomberg. “[Mashinsky] was aware of his actions and destroyed many lives. […] He should face punishment similar to Bernie Madoff and be sentenced to life imprisonment,” emphasized an investor who […]

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ForkLog 210 27.04.2025

Trump’s Dinner for TRUMP Token Holders Sparks Impeachment Calls

U.S. Senator Jon Ossoff, a Democrat from Georgia, described Donald Trump’s announced dinner for TRUMP whales as “exceeding any previous standards for impeachment.” This was reported by NBC News. “When a sitting President of the United States sells access for what essentially amounts to direct payments to him, there is no doubt that this reaches […]

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ForkLog 15 26.04.2025

Cynthia Lummis Dismisses Fed’s Crypto Guidance Withdrawal as ‘Noise’

The withdrawal of guidance for banks on handling digital assets does not signify genuine regulatory progress, according to U.S. Senator and cryptocurrency advocate Cynthia Lummis. The Fed withdrawing crypto guidance is just noise, not real progress. We are NOT fooled. The Fed assassinated companies within the industry and hurt American interests by stifling innovation and […]

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ForkLog 21 26.04.2025

Nasdaq Proposes Cryptocurrency Categorization to SEC

Experts from the American exchange Nasdaq have sent a letter to the SEC’s cryptocurrency task force with recommendations regarding the regulation and taxonomy of digital assets. “The existing market ecosystem can easily absorb digital assets by establishing proper taxonomy and calibrating certain rules to reflect what is truly innovative in digital assets,” the document states. […]

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ForkLog 122 25.04.2025

Arkansas Residents Succeed in Blocking Bitcoin Mining Facility

The Vilonia City Planning Commission in Arkansas, USA, unanimously rejected a proposal to establish a cryptocurrency mining facility within its jurisdiction. The decision followed several weeks of protests by residents of the town, which has a population of just over 2,000 people. Residents expressed concerns about potential issues with internet and power supply, but the […]

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ForkLog 25 24.04.2025

US Prosecutors Seek Eight-Year Sentence for Mango Markets Attacker

Prosecutors from the Southern District of New York have requested a prison sentence of 78 to 97 months for Avraham Eisenberg, found guilty in the attack on the DeFi project Mango Markets in 2022. The hearing is scheduled for May 1. “This sentence is necessary, among other things, to properly reflect the seriousness of the […]

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ForkLog 44 24.04.2025

Sentencing for Former Celsius CEO Scheduled for May 8

The sentencing of Alex Mashinsky, co-founder and former CEO of the bankrupt crypto firm Celsius, is set for May 8, according to a motion filed by the prosecution. Prosecutors have requested the inclusion of over 200 victim statements related to the project’s collapse. In December 2024, Mashinsky pleaded guilty to two of the seven charges—commodities […]

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ForkLog 10 24.04.2025

Elderly Americans Lose $2.8 Billion to Crypto Scams in 2024

In 2024, Americans over the age of 60 became the primary victims of cryptocurrency scams, with total losses amounting to $2.8 billion. This is according to the annual report by the Internet Crime Complaint Center (IC3) under the FBI. IC3 received 33,369 complaints from individuals in this age group. Reports of crypto crimes by age […]

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