USA | ForkLog - Part 33

ForkLog 26 07.04.2025

US Court Blocks AI Avatar from Speaking

In a New York appellate court, a man attempted to replace himself with an AI avatar. Jerome Dewald, 74, sent an AI-created avatar instead of presenting his own oral arguments during a hearing on a labor dispute. The video was played during the session, but Judge Sallie Manzanet-Daniels immediately demanded it be turned off. She […]

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ForkLog 40 06.04.2025

Georgia Proposes Blockchain Education for Kindergarten to 12th Grade

The House of Representatives in the U.S. state of Georgia has introduced a resolution urging the education of K-12 students (from kindergarten to 12th grade) on blockchain technology, cryptocurrencies, and Web3. NEW: Georgia House Resolution asking the Dept. of Education to implement K-12 education on “blockchain, cryptocurrency, and Web3” The Democrat-sponsored bill says “Bitcoin is […]

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ForkLog 26 06.04.2025

SEC to Reevaluate Previous Cryptocurrency Statements

Acting Chairman of the U.S. Securities and Exchange Commission (SEC), Mark Uyeda, has instructed agency staff to review several statements regarding cryptocurrencies. Statement from Acting Chairman Mark Uyeda: Pursuant to Executive Order 14192, Unleashing Prosperity Through Deregulation, together with recommendations from DOGE, I have requested Securities and Exchange Commission staff promptly to review the following […]

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ForkLog 18 05.04.2025

SEC Clarifies Legal Status of Stablecoins

The Corporate Finance Division of the U.S. Securities and Exchange Commission (SEC) outlined the characteristics of stablecoins that are not classified as securities. Crypto assets “designed and sold for use as a means of payment, money transfer, or value storage,” but not for investment purposes, are not considered securities. “The Division believes that the offer […]

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ForkLog 75 05.04.2025

Tether Unfazed by Potential USDT Ban in the United States

Should USDT fail to meet US stablecoin regulations, Tether plans to issue a new asset specifically for the American market. This was revealed by the company’s chief, Paolo Ardoino, to Decrypt. “We believe [USDT] is perfectly suited for emerging markets, but we can create a payment stablecoin that will operate in the US,” he noted. […]

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ForkLog 62 04.04.2025

US Court Fines CLS Global $428,059 for Wash Trading

A federal court in Boston has fined the UAE-based market maker CLS Global $428,059 and banned it from operating in the United States for three years. The sentence was handed down on criminal charges related to fraudulent manipulation of cryptocurrency trading volumes. On January 21, CLS Global pleaded guilty to wash trading. The charges were […]

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ForkLog 119 03.04.2025

Fear and Greed Index Plummets Amid Global Recession Fears

Amid widespread market panic due to President Donald Trump’s “liberation” tariffs, the cryptocurrency fear and greed index has plunged to 25 points. Data: alternative.me. Within a day, the index dropped to 20, indicating “extreme fear.” The corresponding index for the stock market also signals panic. Data: Fear & Greed. On April 3, the American stock […]

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ForkLog 43 03.04.2025

Trump’s Tariffs Deal a Blow to Bitcoin Mining

Bitcoin miners in the United States are set to be directly impacted by the tariffs announced on April 2 by President Donald Trump, according to industry experts. A significant portion of cryptocurrency mining equipment is currently imported from Malaysia (new tariff rate — 24%), Thailand (36%), and Indonesia (32%), noted Mason Jappa, founder and CEO […]

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ForkLog 40 03.04.2025

Quiet ties: how crypto lobbyists gained entry to the White House

After the FTX collapse, many American crypto projects lost faith in the Democratic Party and redirected money and effort into lobbying their interests around Donald Trump. The market appears to be entering a new era, as many swap earlier ideals for cooperation with the state within the traditional economy. Oleg Cash Coin has unpicked the […]

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ForkLog 41 03.04.2025

Arthur Hayes identifies a critical support level for bitcoin

After “Liberation Day,” it is important for bitcoin to hold above $76,500 through 15 April, says Arthur Hayes. Anticipation of retaliatory steps against US trade tariffs is injecting uncertainty into markets. The new tariffs will hit the US bitcoin-mining industry. If bitcoin holds $76,500 through US tax day on 15 April, the market will shed […]

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ForkLog 39 03.04.2025

OnlyFans Founder’s Startup Bids for TikTok Acquisition

Zoop, a startup founded by OnlyFans creator Tim Stokely, along with HBAR Foundation, the developer of Hedera, have submitted a joint bid to acquire TikTok from the Chinese company ByteDance, according to Reuters. Zoop co-founder R. J. Phillips told the agency that a consortium of investors was involved in crafting the proposal. He declined to […]

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ForkLog 30 03.04.2025

Trump Declares ‘Liberation Day’ with New Tariffs

U.S. President Donald Trump announced new tariffs for trading partners. Bitcoin fell below $85,000. A minimum of 10% is set for all countries, effective from April 5. For some partners, “reciprocal tariffs” are introduced at about half the rate those countries impose on American goods. These measures will be implemented from April 9. Retaliatory tariffs […]

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