Elon Musk's Epic Name Change Sends Meme Coins Soaring – Here’s What Happened!
🔥 New Episode of Crypto Blog TV! 🔥
Today’s highlights: Indonesia suspends Worldcoin over data concerns, Elon Musk triggers a memecoin frenzy, Trump calls to outpace China in crypto, OKX boosts DEX security, and Democrats block the GENIUS stablecoin bill.
🇮🇩 Indonesia Suspends Worldcoin Operations
The Ministry of Information has temporarily halted Worldcoin and WorldID activity due to suspected data collection violations. Local representatives are under investigation for licensing issues and misuse of personal data.
🧠 Elon Musk Triggers Memecoin Surge with Name Change
Musk changed his X profile name to “Gorklon Rust,” causing GORK tokens to spike 100%. One token hit a $62M market cap, though prices quickly dropped as the memecoin hype cooled off.
🇺🇸 Trump Urges U.S. to Lead Crypto Race Against China
Donald Trump warned that the U.S. risks falling behind if it doesn’t develop its crypto sector. He criticised the Biden administration’s regulatory pressure and launched a task force to shape crypto policy.
🔒 OKX Re-launches DEX Aggregator with Security Upgrades
After a hacking incident linked to North Korea’s Lazarus Group, OKX suspended its DEX. Now it’s back with real-time fraud detection, wallet activity tracking, and third-party audits to restore user trust.
📜 Democrats Reject GENIUS Stablecoin Bill
Nine Senate Democrats refused to support the GENIUS Act, citing weak anti-money laundering measures. Tensions rose over alleged ties to Trump-linked platforms, with calls for a revised bipartisan bill.
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#worldcoin #elonmusk #gork #donaldtrump #cryptonews #okx #dex #geniusbill #stablecoin #cryptoregulation #CryptoBlogTV
⏱ Timestamps:
00:00 – Intro
00:17 – Headlines of the day
00:51 – Indonesia suspends Worldcoin
02:07 – Elon Musk sparks memecoin mania
03:46 – Trump: US must beat China in crypto
05:00 – Internet CashBanx ad break
05:32 – OKX relaunches DEX aggregator
06:55 – Democrats reject GENIUS bill
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