Texas lawmaker attacks Trump memecoin during debanking hearing

American lawmakers and regulators continue to compete in their creative efforts to propose anything but comprehensive game rules for the crypto industry. Senators Edward Markey and Richard Blumenthal have penned a letter asking Meta CEO Mark Zuckerberg to deny young adults access to the firm’s metaverse platform. According to the two lawmakers, allowing teenagers between 13…

During a recent AMA, Cardano’s Charles Hoskinson described cryptocurrency as inherently political, urging the crypto community to rally against efforts to stifle the space. 1319 Total views 33 Total shares Charles Hoskinson, the creator of Cardano (ADA), has described participating in cryptocurrency as an inherently political act.Speaking during an impromptu ask-me-anything on YouTube, Hoskinson asserted…

The Lightning Network is a layer-2 solution built on top of the Bitcoin blockchain, and its primary objective is to address the Bitcoin network’s scalability issues. It also allows for faster and cheaper transactions by facilitating off-chain payments through a network of payment channels. The Lightning Network has gained traction since its launch in 2018, hitting a…

Bitcoin (BTC) held steady at just above $20,000 after the June 29 Wall Street open as Europe's chief banker admitted the world would "never" return to low inflation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewLagarde on inflation: "I don't think we're ever going back"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD looking nonvolatile but precarious as…

Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for global regulators. 556 Total views 38 Total shares Central bank governors and finance ministers from the Group of Seven, or G7, are reportedly planning to discuss the regulation of cryptocurrencies.According to a Tuesday…

French commercial court clerks will use a blockchain-based platform to record changes in companies’ legal status within the country. The development was revealed in an official announcement on March 14.The blockchain network was jointly developed by IBM and the National Council of Clerks (NCC) and will reportedly be deployed starting in 2019 by the clerks…

Ethereum's native token Ether (ETH) is poised for a mini bull run above $3,000 primarily due to a classic bullish reversal pattern on its shorter-timeframe chart, and a huge spike in ETH outflows from Coinbase.ETH price forming falling wedgeETH's price has been forming a falling wedge pattern since late March 2022, which raises its prospects of…

The Kava decentralized finance (DeFi) protocol officially launched on Cosmos (ATOM) mainnet, with an initial onboarding of Binance Coin (BNB) as a collateral form.Kava works in a similar way to MakerDAO (MKR), allowing users to deposit crypto assets and borrow Kava’s stablecoin, USDX. The project focuses on providing interoperability to DeFi, and promises to onboard…