Layer1 mired in legal fight over Texas facility
The co-founders of Layer1 Technologies Inc. are mixing it up in court over ownership rights to one of the company's core assets.
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Layer1 accused of mischaracterizing people’s involvement in fundraising pitch: report
Layer1 is reported to have exaggerated the role Liu Xiangfu plays within the company during the recent version for its Series A fundraising deck.
Layer1 faces lawsuit over alleged Lancium patent infringement
Lancium alleged that Layer1's "demand-response" model enables the firm to shut down mining operations and redirect power to the grid during high demand periods.
Layer1 raises $50M, eyes crypto mining hub in West Texas
Established in 2018, Layer1 is the first U.S.-based, vertically-integrated BTC mining company with a goal of boosting usage of renewable energy.