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forklog.media US Proposal for ‘AI Dividends’ to Citizens

US Congressional candidate Alex Bores has proposed an 'AI Dividends' program. The initiative suggests direct payments to citizens if automation leads to mass layoffs. Today, I’m proud to announce the AI Dividend, my plan to prepare for the AI economy with direct payments to Americans funded by tax reform that simultaneously incentivizes hiring humans instead of AI.Read the full plan here: https://t.co/sE1OuM8AlT pic.twitter.com/uoRiyIU9Me— Alex Bores (@AlexBores) April 20, 2026 Bores relies on expert forecasts suggesting that artificial intelligence could replace up to 50% of jobs, with entry-level positions being the most vulnerable.  The program would be triggered automatically upon reaching certain economic indicators: prolonged decline in employment levels;  decrease in wages in specific sectors;  increase in AI productivity without the creation of new jobs. In addition to payments, the project includes funding for retraining courses and increased oversight of technologies. The amounts and frequency of disbursements are not yet specified in the document.  To fund the initiative, Bores proposed several mechanisms:  a tax on the use of AI tokens;  the state's right to purchase shares in AI companies at a discount;  tax reforms. The author of the initiative believes these mechanisms should be implemented before a narrow circle of companies accumulates excessive profits through automation. In his view, it will be much harder to change the system after large-scale displacement of people from the labor market.  Earlier in April, Oracle began laying off thousands of employees amid falling stock prices and significant capital expenditures on AI infrastructure.

blockonomi.com RedotPay Integrates SUI and USDC-Sui to Power Stablecoin Payments Across 100+ Countries

TLDR: RedotPay is among the first crypto card providers to support Native USDC on Sui’s blockchain network. Users in 100+ countries can now spend SUI and USDC-Sui at over 130 million merchants worldwide. RedotPay processes over $10 billion in annualized payment volume as recorded in November 2025. Mysten Labs built Sui’s payment infrastructure to move [...] The post RedotPay Integrates SUI and USDC-Sui to Power Stablecoin Payments Across 100+ Countries appeared first on Blockonomi.

forklog.media New Bitcoin Extortion Scheme for Safe Passage Through the Strait of Hormuz Uncovered

Unknown individuals are impersonating Iranian authorities, offering ships safe passage through the Strait of Hormuz in exchange for payment in Bitcoin or USDT. The Greek maritime risk management company Marksis has warned of this new scheme, reports Reuters.  Experts examined one of the messages sent by the fraudsters to shipping companies. It stated that companies should first provide documents for verification by Iran's security service.  Subsequently, a transit fee must be paid in cryptocurrency. This supposedly allows for an "unimpeded crossing at a pre-agreed time," according to Marksis.  At least one vessel may have fallen victim to the scam. It attempted to leave Hormuz on April 18 but came under fire.  Strait of Hormuz Remains Closed   Earlier this month, journalists from the Financial Times, citing oil exporters, reported that Iran intends to demand payment in cryptocurrency from shipping companies for passage through the strait. No official confirmations followed.  Later, experts described Tehran's plans as "virtually unfeasible." They pointed to the ongoing sanctions against the country and the transparency of the blockchain, which could pose problems for Western-registered firms.  On April 17, Iranian authorities announced the opening of the Strait of Hormuz. However, the situation changed a few days later: U.S. President Donald Trump threatened to destroy all power plants and bridges in Iran if negotiations failed.  In response, the other side indicated it might skip a second round of talks while the United States maintains a naval blockade.  The next meeting between U.S. and Iranian representatives is scheduled for April 22, reports Axios. However, the situation remains unstable due to ongoing threats from both countries.  Experts from Bitwise stated that the conflict in the Middle East has brought Bitcoin closer to becoming a real means of settlement.

blockonomi.com Bitcoin Traders Lost $762M in 72 Hours as Hormuz Headlines Reversed

TLDR Iran opening the Strait of Hormuz sent Bitcoin up 4%, wiping out $593M in short positions Iran then reimposed controls, reversing the move and pushing Bitcoin to $74,335 Total liquidations across 72 hours hit $762M Both long and short traders made correct directional calls but still got liquidated At 25x leverage, a 4% price [...] The post Bitcoin Traders Lost $762M in 72 Hours as Hormuz Headlines Reversed appeared first on Blockonomi.

news.bitcoin.com BitMEX Joins Zodia’s Off-Venue Settlement Network to Ease Counterparty Risk

Zodia Custody has integrated the cryptocurrency exchange BitMEX into its Interchange network, allowing institutional clients to trade derivatives while keeping their assets in secure, third-party cold storage. Key Takeaways: Zodia Custody added BitMEX to its Interchange network in Q1 2026 to secure institutional trading. The move reduces 100% of counterparty risk by keeping assets in […]

news.bitcoin.com Adrian Wall of DSA Advances Stablecoin Policy Discussion at Blockchain and Fintech Conference at Harvard

This sponsored press release was provided by TRON DAO and was not written by Bitcoin.com News. Bitcoin.com News does not necessarily endorse the statements made within this announcement. PRESS RELEASE. Washington, D.C., April 20, 2026 — The Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear and ethical public policy, research and education […]

blockonomi.com XRP Price Forecast After Ripple CEO Targets CLARITY Act by May: Can Pepeto’s Binance-Backed Exchange Deliver Bigger Returns?

The XRP price forecast just got stronger after Ripple CEO Brad Garlinghouse told the Semafor World Economy event on April 13 that the CLARITY Act will pass by the end of May, giving Ripple (XRP) permanent regulatory clarity under federal law. When the biggest legislative barrier in crypto is about to fall, the entire exchange [...] The post XRP Price Forecast After Ripple CEO Targets CLARITY Act by May: Can Pepeto’s Binance-Backed Exchange Deliver Bigger Returns? appeared first on Blockonomi.

bitcoinist.com What To Know About This Week’s CLARITY Act Push—And Why Mid-May Is Now Key

After months of delay, the Senate appears to be approaching a decisive moment for the long-awaited CLARITY Act. This week could finally help determine whether lawmakers can move the bill forward—or whether additional negotiating pressure will push momentum into mid-May.  Banks Pressure Banking Committee Members A Monday report from Crypto In America’s Eleanor Terrett said […]

news.bitcoin.com UK Gas Firm Clarifies Bitcoin Mining Plans at Yorkshire Site

Reabold Resources has clarified it is only exploring small-scale bitcoin mining at its UK gas site, following reports of a broader pivot. The company says its primary focus remains domestic energy supply. Key Takeaways: Reabold said 2026 bitcoin mining at West Newton is small-scale, not a strategic pivot. UK gas site holds eight billion cubic […]

blockmanity.com Crypto’s AI-Driven Agent Economy: The $5 Trillion Growth Engine by 2030

Crypto’s : The $5 Trillion Growth Engine by 2030 Imagine a world where smart AI agents handle your crypto trades, manage investments, and even negotiate deals—all on their own. No human needed. This is not science fiction. It’s the future […] The post Crypto’s AI-Driven Agent Economy: The $5 Trillion Growth Engine by 2030 appeared first on Blockmanity.

news.bitcoin.com KelpDAO Exploiter Moves 75,701 ETH to Mainnet, Begins Routing $175M to Bitcoin

Hours after the Arbitrum Security Council froze 30,766 ether tied to the KelpDAO exploit, the attacker moved all 75,701 ETH, roughly $175 million, to the Ethereum mainnet and began bridging the funds to bitcoin. Key Takeaways: After Arbitrum froze 30,766 ETH ($71M), the KelpDAO exploiter moved 75,701 ETH ($175M) to the Ethereum mainnet. Peckshield confirmed […]

blockonomi.com Starknet v0.14.2 Brings Native Privacy Infrastructure to Mainnet

TLDR: Starknet v0.14.2 introduces SNIP-36, enabling native in-protocol STARK proof verification on mainnet. STRK20 allows any ERC-20 token on Starknet to operate with encrypted balances and shielded transfers. strkBTC lets bitcoin holders access DeFi on Starknet without exposing their full wallet transaction history. SNIP-37 rebalances network economics by raising storage costs while lowering base L2 [...] The post Starknet v0.14.2 Brings Native Privacy Infrastructure to Mainnet appeared first on Blockonomi.

bitcoinist.com Coinbase Launches Crypto-Backed USDC Loans For UK Users In Latest Expansion

Building on its US success, crypto exchange Coinbase has rolled out crypto-backed USDC loans for UK residents, using Bitcoin (BTC) and Ethereum (ETH) as collateral. This expands the exchange’s growing suite of financial services in the region. Related Reading: Ripple CTO Emeritus Warns RLUSD Review Exposed A DeFi Security Red Flag Crypto-Backed Loans Cross The […]

cryptobriefing.com Marius Ciubotariu: Investor appetite is driving demand for higher yields in DeFi, Solana’s architecture supports scalability, and the shift towards stablecoin-based lending is reshaping the landscape | Bell Curve

Solana's scalability and stablecoin lending are reshaping the DeFi landscape amid rising investor demand for yields. The post Marius Ciubotariu: Investor appetite is driving demand for higher yields in DeFi, Solana’s architecture supports scalability, and the shift towards stablecoin-based lending is reshaping the landscape | Bell Curve appeared first on Crypto Briefing.

bitcoinist.com Ripple Unveils Multi-Phase Plan To Make The XRP Ledger Quantum-Ready By 2028

Ripple has unveiled a multi-phase roadmap to prepare the XRP Ledger (XRPL) for a post-quantum future, aiming to achieve full readiness by 2028.  The announcement comes as advances in quantum computing raise concerns that the cryptography used by many blockchains today could eventually be undermined—potentially putting long-term users and high-value accounts at risk. XRPL Faces […]

forklog.media Uzbekistan to Establish Cryptocurrency Mining Zone

Uzbekistan's President Shavkat Mirziyoyev signed a decree to establish the Besqala Mining Valley, a special zone for cryptocurrency mining, in Karakalpakstan. The project encompasses the entire territory of the republic. The initiative aims to develop mining based on "green" energy and attract investment to the region. Participants are permitted to use the general power grid and alternative sources, including hydrogen stations. Excess heat from the farms can be redirected by residents to heat greenhouses. Miners have been granted the right to sell cryptocurrency on local and foreign exchanges or through direct transactions. Revenue can be credited to accounts in Uzbek banks. Until January 1, 2035, the income of Besqala Mining Valley participants is exempt from taxes. Instead, residents will pay a monthly fee of 1% of revenue to the zone's administration. The electricity tariff for miners is set at 1800 soms per kWh (a double coefficient for Group II consumers). Exceptions are provided for projects with investments exceeding $100 million. Only companies registered in Karakalpakstan can become residents. Applicants must have suitable premises and functional electrical networks. Leaders and founders are prohibited from having convictions for economic crimes. To commence operations, a legal entity must obtain resident status and permission from the National Agency for Perspective Projects. Earlier in January, Uzbekistan introduced a special legal regime under which stablecoins became an official means of payment.

forklog.media Coin Center Advocates for Code as a Form of Free Speech

Programming code is a form of free speech that should be protected by the First Amendment to the U.S. Constitution, according to Peter Van Valkenburgh and Lisandro Piper of Coin Center. Big new Coin Center report on the First Amendment.Highly recommend reading if you, for example, happen to work at the SDNY and find yourself up at night wondering if the Supreme Court treats "functional" software as less worthy of strict constitutional protections.Spoiler, it… https://t.co/wxlD7SXTEx— Peter Van Valkenburgh (@valkenburgh) April 20, 2026 "Developers are authors and inventors, not agents, custodians, or fiduciaries. Requiring them to register or obtain licenses in advance ignores the historical logic of financial oversight and imposes a classic prior restraint on activities that are essentially self-expression. This is unconstitutional," they stated. According to the experts, writing and publishing code is no different from writing a book or publishing a recipe. The First Amendment, which guarantees freedom of speech and expression, essentially provides strict constitutional protection for developers who merely publish and maintain software. When a Developer Becomes an Intermediary Van Valkenburgh and Piper stated that their report aims to help courts and regulatory bodies distinguish between the publication of code and the professional activities of a software creator. A developer falls under regulation when they control user assets, conduct transactions on their behalf, or make decisions for them. "Lower courts confuse execution with expression, which undermines the First Amendment protection of code," noted Coin Center specialists. They added that some judges consider code closer to execution than expression because it can be run to achieve real-world results. However, the experts insist that such activity is pure self-expression. They argue that this is confirmed by U.S. Supreme Court practice, despite errors by lower courts. Van Valkenburgh and Piper referred to the 1985 case of Lowe v. SEC. The high court then ruled that a publisher who does not hold client funds or conduct transactions on their behalf is protected by free speech, is not considered a professional market participant, and is not subject to corresponding regulation. Programmers Should Not Be Scapegoats Cryptocurrency protocols have eliminated some traditional intermediaries. With self-custody and P2P transfers, there is no need for a central authority to control transactions. Traditional financial structures acting on behalf of users are subject to state regulation and must obtain licenses. According to Van Valkenburgh and Piper, the complexity of regulating new technologies does not justify attempts to make software developers intermediaries "for convenience." "Blockchain-based projects do not require the invention of new legal doctrines or exceptions. They require the good faith application of established First Amendment principles to a new technological context," they added. In the computer age, where software is the main means of expressing ideas and organizing economic life, "these principles are more important than ever." Writing and publishing code is speech that cannot be silenced by licensing in a free society, Coin Center experts concluded. Context Crypto developers have been seeking legal protection from criminal prosecution for the code they write for several years. In 2025, a court issued guilty verdicts to several programmers based on how third parties used their software. A notable example is the trial of one of the founders of the crypto mixer Tornado Cash, Roman Storm. Authorities found him guilty of conspiracy to operate an unlicensed money transmission business. Many experts disagreed with the decision. Samson Enzer, a partner at the law firm CahillNXT, stated that the government lacks evidence to prove Storm's intentional assistance to criminals. Ethereum co-founder Vitalik Buterin also spoke in his defense. The defense seeks to dismiss the case, citing the Supreme Court's decision in Cox Communications v. Sony Music Entertainment. Lawyers argue that Storm had no intention of participating in the crimes he is accused of. In August, the head of the U.S. Department of Justice's criminal division, Matthew Galeotti, announced that the department would stop prosecuting DeFi application developers under the statute for operating an unlicensed money transmission business. However, Van Valkenburgh noted that the official's words do not carry binding legal force.

blockonomi.com Dragonfly’s Haseeb Qureshi: Aave Has the Capital to Absorb Bad Debt Amid DeFi Risk Concerns

TLDR: Dragonfly Managing Partner Haseeb Qureshi says Aave holds sufficient capital to absorb any bad debt it may face.  DeFi has survived major crises including Terra’s collapse, the 2022 stETH depeg, and 2020 liquidation failures.  Qureshi compares DeFi’s recovery process to how traditional finance evolved through historical banking crises.  Active governance debates within DeFi communities [...] The post Dragonfly’s Haseeb Qureshi: Aave Has the Capital to Absorb Bad Debt Amid DeFi Risk Concerns appeared first on Blockonomi.