Texas lawmaker attacks Trump memecoin during debanking hearing
Representative Al Green, who also called for Donald Trump’s impeachment on Feb. 5, said Operation Choke Point 2.0 was a “fake program” that never existed.
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Galaxy Digital Founder Michael Novogratz: BTC Will Consolidate in $7,000-$10,000 Range
Michael Novogratz, founder and CEO of cryptocurrency merchant bank Galaxy Digital, has said that he expects bitcoin (BTC) to consolidate in the $7,000-$10,000 range, Bloomberg reports on May 30.Per the report, during a conference call discussing his company’s quarterly earnings, he noted that “on a go-forward basis, bitcoin probably consolidates somewhere between $7,000 and $10,000.”…

Northern Trust introduces digital carbon credit trading platform
The Northern Trust Carbon Ecosystem will enable carbon credit transactions from issuance to retirement.

US Treasury plans to designate crypto mixers as money-laundering hubs: Report
The department previously targeted individuals connected to Tornado Cash, but its reported actions on mixers followed concerns suggesting Hamas was financed in part by crypto. 238 Total views 1 Total shares The United States Treasury Department is reportedly planning to expand its sanctions to designate cryptocurrency mixers as money-laundering hubs following Hamas’ attack on Israel.According

Huawei CEO: “Why wait for others to issue it?”
The CEO of Chinese tech giant Huawei thinks that China can compete with Facebook for market share by issuing its own digital currency.Huawei CEO: ‘Why wait for others to issue it?’As national news outlet Sina reported quoting a press conference in Italy on July 18, Ren Zhengfei believes China can easily create a digital currency…

Crypto exchange Kraken freezes accounts related to FTX and Alameda
Kraken said it froze account access to certain funds “we suspect to be associated with ‘fraud, negligence or misconduct’ related to FTX.” 351 Total views 3 Total shares United-States-based cryptocurrency exchange Kraken has frozen the accounts associated with “FTX Group, Alameda Research, and their executives,” on its exchange after engaging with authorities. In a Twitter post…

Indian government is rethinking crypto ban: The Economic Times
A new panel will be formed to address "outdated" recommendations on crypto trading. 13169 Total views 37 Total shares Reports are emerging that India’s government may be reconsidering its stance on cryptocurrencies with the formation of a new regulatory panel.A May 19 report in the Economic Times, cited three sources privy to discussion on the…

Polygon ID platform seeks to enhance self-agency and privacy in the Web3 space
Layer-2 Ethereum scaling solution, Polygon (MATIC) has announced the establishment of Polygon ID, an identity platform designed to complement the decentralized finance and decentralized application (DApp) economies by providing users greater privacy and sovereignty within Web3.Professed to be the first identity platform of its kind to adopt cryptographic-based zero-knowledge technology, the platform will utilize Iden3’s…

Bitcoin mining firm Bitdeer could delay public offering to 2023
An SEC filing stated Safari Group shareholders could vote to give the company the option to extend the Bitdeer deadline up to four times until December 2023. 187 Total views 2 Total shares Bitdeer, a crypto mining firm spun off from China-based mining manufacturer Bitmain, may see its public offering on the Nasdaq delayed a…