Texas ‘crypto-rush’ causing concern in Washington
Studies show Texas could see its global 'crypto' mining power mount to 20% next year, sending worries about skyrocketing electric costs and its impact on the state's grid and the environment.
Latest Texas News
Texas probing FTX for offering securities without authorization, fraud
The Texas State Securities Board calls for the delay of FTX's winning bid on Voyager's remaining assets as a probe into its alleged illegal offering of unregistered securities continues.
Embattled Compass Mining shuts down Georgia facilities after 50% energy price hike
Compass, which recently laid off 15% of its staff and slashed executives’ salaries by 50%, will relocate its mining rigs to Texas, where it has faced energy issues too.
Blockchain for artists at SXSW 2023: Here’s why you should vote for ‘Democratise Music’ panel
The 'Democratise Music' panel at the SXSW 2023 will explore how artists can use blockchain-built solutions to capitalize on their creations in ways that aren't possible on streaming platforms.
Texas BTC miners shut down operations due to record-breaking heat wave
The heat wave in Texas is setting new records, leading to a spike in electricity demand by the residents, and BTC miners have to take a back seat.
Swiss miner White Rock launches Texas operation in first US venture
White Rock says that the new facility will rely on by-product natural gas from active oil wells located onsite, recycling 82m cubic feet of gas per megawatt.
Celsius Network being pursued by regulators in 5 US states over withdrawal freeze
Celsius Network claimed that the freeze was in the interest of its customers, but regulators in Texas, Kentucky, New Jersey, and even the Securities and Exchange Commission are not taking their word.
US states crack down on metaverse project with links to Russia
The Flamingo Casino Club has claimed to be linked to a Vegas casino falsely, lied about donating to Ukraine victims, and hid its previous ties to Russia, authorities said.
Argo borrows $70M from NYDIG to buy mining rigs for its Texas facility
In its filing with the U.S. securities regulator, Argo confirmed that its wholly-owned subsidiary Argo Helios had entered into additional loans under the company’s equipment financing agreement.
Binance wants out of $8M romance scam, denies any responsibility
Binance argued in a Texas court that it should not be held responsible for the loss of the funds even though the scammers cashed out through its platform.
Texas and Alabama halt sale of metaverse casino NFTs
The states’ securities regulators served cease and desist orders to the sellers of the 12,000 Gambler NFTs who violated securities regulation.
6 US regulators crackdown on Voyager Digital over interest-bearing accounts
The regulators filed a mix of show cause and cease and desist orders against Voyager, which replied by saying that its products haven’t violated securities laws.