Texas

Bitcoin mining is a “critical tool” for clean energy and balancing the grid, according to a new working paper penned by Bitcoin advocates and the former president of ERCOT, the operator of Texas’ electrical grid. The Nov. 22 paper titled “Leveraging Bitcoin Min ...

Once branded for a Texas-specific audience, the North American Blockchain Summit (NABS) shook things up in 2023 — changing its location and name as many United States lawmakers prepared for an election season.Hundreds of crypto and blockchain enthusiasts gathered in Fort Worth, Texas ...

The Texas State Securities Board has accused a network of companies under the "GS" brand and operating from Germany of fraudulent activities "tied to digital assets, investments in a staking pool in a proprietary metaverse." The network of companies is controlled by Josip Dortmund Heit.As ...

A Texas county has reached a settlement in a lawsuit involving the wrongful seizure of $15,000 from a Bitcoin ATM operated by Lux Vending, known as Bitcoin Depot. The lawsuit was dismissed after the county acknowledged the funds were unlawfully taken due to a scam targeting an 82-year-old woman in C ...

Bitcoin miner Riot Platforms mined fewer Bitcoin (BTC) in August than July, but received over $31 million in power credits. That is the equivalent of around 1,136 BTC, CEO Jason Les pointed out in a statement.Riot received an estimated $24.2 million in power curtailment credits under its c ...

Bitcoin mining company Marathon Digital has linked the recent slump in its total amount of Bitcoin's (BTC) mined in June to the weather conditions in Texas and a drop in transaction fees.According to a July 5 statement, Marathon Digital experienced a “21%" decline in June for the total amo ...

Crypto lending firm Abra, which once handled more than $116 million in assets, had allegedly committed securities fraud and has been insolvent since March 31, according to Texas regulators.In a June 15 enforcement action — including an emergency cease and desist order —&nb ...

The neural network will approve credit lines And assess customer sentiment and more Payment giant American Express (Amex) plans to implement artificial intelligence for its operations. Neural networks will check transactions, approve credit limits, assess cust ...

According to local media reports citing law enforcement, seven people were arrested in Texas after a failed attempt to steal a crypto machine. Houston police said a group of intruders used a stolen truck, crashing it into a local store. Surveillance cameras showed several ...

Shares of Soluna, a developer of environmentally friendly bitcoin mining data centers, rose 12% after the firm raised $14 million in funding. The funds will be used to complete the development of the Dorothy 1B project in Texas in a new deal with Navitas Global. The deal ...

A bill has been introduced in Texas that would prohibit the use of digital currency in the state by the U.S. Federal Reserve (Fed). The document details why the digital dollar is a bad idea. "Retail CBDCs are issued ...

Texas lawmakers voted to change the state's bill of rights to include the ability to use cryptocurrencies. The bill, introduced by politician Giovanni Capriglione, states that "the right of persons to own and use a mutually agreed-upon medium of exchange, including cash ...

Texas-based CybeCys was forced to pay a $283,000 fine for illegally using more than $1 million in government benefits as a means to buy cryptocurrencies. The U.S. Department of Justice insists that CEO Harish Vajja used the government's Paycheck Protection Program (PPP), ...

MyEListing.com, a new real estate platform that allows buyers and sellers to transact in cryptocurrency, has just launched in the United States. The platform boasts the ability to close trades within a single business day, and is available for users from around the globe. The platform is integ ...

On April 20th, the Texas House of Representatives passed a bill that mandates crypto exchanges to maintain reserves that are enough to fulfill their obligations to clients. This bill would amend the Texas Financial Code, specifically Section 160. Virtual Asset Service Providers (VASPs) operati ...

Republican politicians from Texas, Senator Bryan Hughes and Representative Mark Dorazio, have recently introduced a bill proposing the creation of a state digital currency backed by gold. The proposed stablecoin will not be tied to the US dollar but to a fraction of a troy ounce of gold held in t ...

A committee of the US Senate has recently passed a bill aimed at limiting benefits for cryptocurrency miners in Texas and expanding supervisory authorities' rights. Bill 1752 seeks to remove incentives that aim to attract miners to the region, which the initiators of the bill consider outdated, g ...

According to data from the Coinglass analytical platform, traders lost a staggering $259.8 million in just a single day due to the fluctuation in cryptocurrency rates. On March 22, the value of bitcoin rose to nearly $29,000, but after the US Federal Reserve System (FRS) announced an increase in ...

US House of Representatives member, Cody Harris, has presented a bill that is specifically designed to safeguard the rights of Bitcoin miners and owners in the state of Texas. The bill proposes that the rights of cryptocurrency holders should be protected under the Section 9 of Article I of the T ...

In the US state of Texas, the authorities of El Salvador intend to open a second bitcoin embassy, the country's diplomatic representative in the United States said. The first such bitcoin embassy is located in the Swiss city of Lugano. Unlike conventional virtual BTC communities, the “Bitcoin emb ...