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2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million
8.11.2022
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loans. Iris Energy’s Form 6-K filing explains to the SEC that the firm “received a notice from...
Aspen Creek Digital and Compass Mining to Host Thousands of Bitcoin Mining Rigs at Texas Solar Farm
26.10.2022
On October 26, the bitcoin mining operator Aspen Creek Digital Corporation (ACDC) announced that the company has commenced operations at its solar farm-powered high performance computing center (HPCC) in Texas. ACDC further detailed that the company inked a deal with the firm Compass Mining...
Sam Bankman-Fried and FTX Exchange Under Investigation by Texas Regulators
18.10.2022
Major crypto trading platform FTX.US and its founder Sam Bankman-Fried are being investigated by the securities regulator in Texas, USA, for selling an investment product that may have violated state law.
The investigation concerns allegations that FTX offers US residents unregistered securities...
Texas investigates FTX for securities violations after objecting to Voyager auction
17.10.2022
The Texas State Securities Board enforcement director downloaded an FTX Trading app – not an FTX US app – in Texas using his own information and was able to earn interest on it
Texas Securities Regulators and Attorney General Object to FTX Purchasing Voyager Digital
17.10.2022
Regulators from the state of Texas and the state’s attorney general are objecting to FTX purchasing Voyager Digital, as the state’s securities commissioner needs to “determine whether FTX US is complying with the law.” Texas State Securities Board, Department of Banking, and Attorney General File...
Crypto Exchange FTX US Under Investigation by Texas Regulator Over Securities Allegations
17.10.2022
The Texas State Securities Board is investigating FTX US over allegations it offers unregistered securities products through its yield-bearing service, according to a recent court filing
Texas authorities object to Voyager's disclosure statement in its current form
15.10.2022
The Texas state authorities, SSB and DOB, argued that Voyager fails to explain the methodology used to calculate the average coin prices, among others
US Lawmakers Send Inquiry to ERCOT CEO Over Texas Crypto Mining and Its Effects on the So-Called Climate Crisis
13.10.2022
A number of Democratic U.S. policymakers have written a letter to the CEO of the Electric Reliability Council of Texas (ERCOT) in order to inquire about the cryptocurrency mining operations in the state. The letter that stems from senator Elizabeth Warren’s office says that the lawmakers...
Senator Warren leads the charge against energy consumption claims on Texas crypto miners
12.10.2022
According to a letter penned by seven U.S. lawmakers, ERCOT was "intimately connected" with the growth of crypto mining in Texas
Senator Warren Leads Congressional Group's Probe Into Bitcoin Mining Energy Use in Texas
12.10.2022
Seven Democrats are asking Texas grid operator how bitcoin mining is impacting the state
State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins
30.9.2022
As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas...
Texas, Vermont regulators object to Celsius stablecoin sale plan
30.9.2022
A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds
Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales
29.9.2022
Texas state agencies are raising an objection to a plan by bankrupt crypto lender Celsius Network to sell off its stablecoin holdings to pay for ongoing operations, according to a new court filing
Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn
29.9.2022
While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium...
Best Universities for Blockchain 2022: University of Texas-Austin
26.9.2022
The No. 35 school has a lively interdisciplinary blockchain initiative with a goal of promoting the state's blockchain industry. This story is part of CoinDesk's Education Week
Bitcoin Miner Marathon Digital’s Shares Downgraded After Compute North Files for Bankruptcy Protection
23.9.2022
Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22, indicates the company looks to stabilize operations in order to repay...
BTC mining firm Compute North files for bankruptcy
23.9.2022
Compute North’s hosting partners Compass Mining have stated that the firm will continue to operate business as usual at this stage
Riot Blockchain Sues Northern Data Over Disclosures Related to Texas Bitcoin Mine Acquisition
21.9.2022
This is the second lawsuit related to the Texas mega mine that Riot acquired last year
The End of the Texas Bitcoin Mining Gold Rush
29.8.2022
The new era for mining in the state might look more like a slog than a boom – but it could also be better for the electric grid
Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement
27.8.2022
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent infringement and poaching customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and...