USA | ForkLog - Part 42

ForkLog 17 20.12.2024

American Football Player to Receive Part of Salary in Bitcoin

Promising college football player Matai Tagovailoa has agreed to receive payments in Bitcoin under a contract with the University of Southern California (USC). The athlete has allowed USC to use his “name, image, and likeness” in exchange for undisclosed compensation. Part of the payment will be made in the leading cryptocurrency via the Strike app. […]

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ForkLog 31 19.12.2024

Binance.US Plans to Reinstate US Dollar Trading in 2025 Revamp

In early 2025, Binance.US plans to resume cryptocurrency trading paired with the US dollar, according to a statement from the platform cited by Decrypt. In June 2023, the exchange halted dollar deposits and advised clients to withdraw fiat funds. The changes were attributed to the stance of banking partners, who intended to block USD withdrawal […]

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ForkLog 14 18.12.2024

Arthur Hayes Predicts Imminent Bitcoin Correction by January 2025

Cryptocurrencies are expected to undergo a “painful crash” around the time of Donald Trump’s inauguration on January 20, 2025, before reaching the peak of the current bull market. This view was expressed by former BitMEX CEO Arthur Hayes. Trump Truth https://t.co/RtuPQn524T — Arthur Hayes (@CryptoHayes) December 18, 2024 In an essay titled Trump Truth, the […]

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ForkLog 9 18.12.2024

Ohio Proposes Bitcoin Reserve Legislation

On December 17, a bill titled HB 703 was introduced to the Ohio House of Representatives, aiming to establish a Bitcoin reserve. The proposal was announced by its author, Republican Derek Merrin. ?Today, I filed HB 703 to create the Ohio Bitcoin Reserve within the state treasury! Provides state treasurer authority & flexibility to invest […]

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ForkLog 24 18.12.2024

Survey Reveals 19% of Americans Engage with Cryptocurrencies

One in five voters in the United States has used, traded, or shown interest in cryptocurrencies, according to a national survey conducted by Emerson College in December 2024. The popularity of digital assets is higher among younger age groups: 32% of voters under 40 are cryptocurrency users. Among respondents aged 40–49, the figure is 28%, […]

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ForkLog 49 16.12.2024

Trump Considers $200 Billion Fund for Bitcoin Acquisition

U.S. President-elect Donald Trump is contemplating an executive order to establish a Strategic Bitcoin Reserve (SBR), according to Dennis Porter, CEO of Satoshi Action Fund. I can confirm that Trump is exploring an Executive Order creating a ‘Strategic Bitcoin Reserve.’ The Treasury, through the Exchange Stabilization Fund, has the authority to stabilize the dollar by […]

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ForkLog 13 16.12.2024

Fake Uber Driver in Arizona Allegedly Steals $300,000 in Cryptocurrency

Police in Scottsdale, Arizona, have arrested a man suspected of stealing $300,000 in cryptocurrency while posing as an Uber driver. This was reported by local media. According to the investigation, in March and October, the accused, Nuruhussein Hussein, targeted two victims outside the W Scottsdale hotel. He approached them by name, pretending to be the […]

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ForkLog 40 13.12.2024

US Crypto Trader Sentenced to Prison for Tax Evasion

On December 12, a court in the Western District of Texas sentenced local resident Frank Algren III to two years in prison for submitting false income data from bitcoin sales. “Frank Algren III made millions buying and selling bitcoins. But instead of paying the taxes he knew were due, he lied to his accountant about […]

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ForkLog 11 13.12.2024

US Groups Oppose SEC ‘Purge’ of Democrats

Over 40 organizations and associations in the United States have urged the Senate to confirm Democratic Party representative Caroline Crenshaw for another term as a commissioner of the SEC. “The reality of a bipartisan Commission is at stake. The incoming [Donald] Trump administration has indicated it is considering abandoning the tradition whereby the opposition party […]

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ForkLog 32 13.12.2024

Texas Proposes Bitcoin Reserve, Sparking Interest in Other States

On December 12, a bill was introduced to the Texas House of Representatives proposing the creation of a strategic bitcoin reserve under the state government. Other American states are developing their own versions. #txlege #letsgo https://t.co/aupHskf1Qr — Giovanni Capriglione (@VoteGiovanni) December 13, 2024 “Arguably, the biggest enemy of our investments is inflation. A strategic bitcoin […]

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ForkLog 24 12.12.2024

Brian Quintenz Emerges as Leading Candidate for CFTC Chair

Brian Quintenz, the Director of Policy at a16z Crypto, has emerged as the leading candidate for the position of Chairman of the U.S. Commodity Futures Trading Commission (CFTC), according to Bloomberg. The candidate has already undergone an interview, the agency noted, citing informed sources. Quintenz joined the cryptocurrency division of Andreessen Horowitz (a16z) in 2021 […]

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ForkLog 36 12.12.2024

Hackers Breach Data of 58,000 Bitcoin ATM Users

Hackers have accessed the personal data of 58,000 users of Byte Federal’s bitcoin ATMs, reports TechCrunch, citing documents filed by the firm with the Maine Attorney General’s office. The compromised data includes names, addresses, phone numbers, government IDs, social security numbers, transaction details, and user photographs. The breach occurred on September 18. Byte Federal’s team […]

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