Texas regulators are investigating crypto exchange FTX Trading, FTX US, and founder and CEO Sam Bankman-Fried over potential securities violations. According to a state filing, regulators are probing whether yield-bearing accounts of the platform should be viewed as unregistered and non-permitted...
This week the air in Texas has warmed up to 40 degrees Celsius. Due to the extreme heat, mining companies were forced to turn off the equipment. According to Bloomberg, the giants Argo and Riot have suspended the work of their miners. According to the head of the Texas Blockchain Association, Lee...
In June, high temperatures in Texas led to record levels of energy consumption and impacted local bitcoin miners. On June 9, electricity demand in the state peaked at 75,437 MW, according to the state's main utility ERCOT. Many Texas-based miners have entered into agreements with the provider to...
Texas Attorney General Ken Paxton has filed a civil lawsuit against Meta for collecting biometric data from millions of Texans without their informed consent. Paxton said Facebook's facial recognition system ignored state laws that prohibit the collection and sharing of Texans' biometric...
More and more financial institutions are not only looking at bitcoin and other digital currencies but are also investing in such innovative tools. One of the Texas pension funds has invested in bitcoin and Ether. The Houston Firefighters Pension Fund acquired $ 25 million worth of cryptocurrencies...
The press center of the Texas Department of Banking said that now local lending institutions can process customer transactions with cryptocurrencies. In particular, they will be able to provide services for storing and accepting bitcoin or other virtual coins. A special order from the department,...
Blockcap, a mining company, has announced plans to open its headquarters in Texas and expand its fleet to 42,000 devices to mine the first cryptocurrency. Blockcap currently generates over six bitcoins a day using approximately 10,000 miners, according to a press release. The current capacity is...
A subsidiary of the Japanese financial giant SBI Holdings has announced a strategic partnership with the German mining company Northern Data AG. Within its framework, SBI Crypto will be one of the first residents of the new Whinstone US data center, potentially the largest in the world. In the...
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