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Bitcoin firm, Texas university partner for $5M endowment fund
31.5.2024
Bitcoin financial services firm and UATX plan to raise $5 million to invest in BTC for the next five years
Texas Issues Emergency Cease and Desist Against Arkbit’s Crypto Operations
30.5.2024
The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a fraudulent MLM cryptocurrency investment scheme. Promising daily returns...
Texas Regulator Orders Arkbit Crypto Mining To Shut Down
29.5.2024
A phoney Arkbit cryptocurrency cloud mining enterprise has suffered a significant setback at the hands of the Texas State Securities Board. A cease-and-desist order was issued by the SEC on May 28 against Arkbit Capital for allegedly using dishonest tactics to commit an investment fraud.
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Arkbit crypto mining MLM fraud busted by Texas regulators
29.5.2024
Arkbit falsely claimed to operate Arkansas-based data centers for cloud mining various cryptocurrencies
Northern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas
24.5.2024
According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase of a 300-megawatt ERCOT-approved site in Corpus Christi, Texas. The site is adjacent to another location acquired by the firm in December 2023. Peak...
Court Rules Influencer Ian Balina Violated Securities Laws Promoting SPRK Tokens
24.5.2024
A Texas district court has found crypto inflluencer Ian Balina guilty of violating U.S. securities laws by promoting and selling SPRK tokens without proper disclosure.
The post Court Rules Influencer Ian Balina Violated Securities Laws Promoting SPRK Tokens appeared first on Cryptonews
Consensys files lawsuit against SEC and commissioners over Ether
25.4.2024
The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaster” for the network and drive innovation to a halt in the U.S
SEC Sued by Crypto Industry Groups Over Definition of ‘Dealer’ in Securities
23.4.2024
The Blockchain Association and the Crypto Freedom Alliance of Texas (CFAT) have taken legal action against the United States Securities and Exchange Commission (SEC), filing a lawsuit in the Northern District of Texas.
The post SEC Sued by Crypto Industry Groups Over Definition...
Video Game Adaptations Keep Coming As A Hit Indie Shooter Gets A Movie
22.4.2024
El Paso, Elsewhere, an indie third-person neo-noir shooter heavily inspired by Max Payne, is the latest video game getting a Hollywood adaptation. And while it’s surprising to see a smaller, indie game get a movie, El Paso, Elsewhere is a perfect candidate for a film adaptation. Read more
Hut 8 Cuts Mining Costs By 30% At New Salt Creek Facility
16.4.2024
Hut 8 has quickly kickstarted its new Texas facility after relocating its mining machines from other sites.
The post Hut 8 Cuts Mining Costs By 30% At New Salt Creek Facility appeared first on Cryptonews
Core Scientific Set to Boost Texas Mining Facility by 72 MW Ahead of Bitcoin Halving
16.4.2024
With just over three days remaining until the halving, Core Scientific has announced its plans to enhance its Texas mining facility by an additional 72 megawatts. This project is scheduled for completion by the end of the second quarter of 2024. This expansion aims to augment the company’s...
Texas Takedown: Nic Carter and David Hoffman Square Off for Karate Combat at Consensus
3.4.2024
The influencers, representing Bitcoin and Ethereum, will enter the pit at the Consensus festival May 30, 2024. Fyre Festival’s Billy McFarland is also on the fight card
Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina
27.3.2024
Texas-based cryptocurrency mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend.
The post Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina appeared first on Cryptonews
DeFi Education Fund, Apparel Firm Sue SEC Over Unwritten Airdrop Securities Rule
26.3.2024
Crypto advocacy group DeFi Education Fund and Texas-based apparel firm Beba sued the SEC on Monday, aiming to establish that airdrops should not be classified as securities.
The post DeFi Education Fund, Apparel Firm Sue SEC Over Unwritten Airdrop Securities Rule appeared first on Cryptonews
DOJ Charges Texas Man for Orchestrating $10 Million Meta-1 Coin Scam
21.3.2024
Texas resident Robert Dunlap has been arrested on federal mail fraud charges in connection with the “Meta-1 Coin” scam that saw investors drained of over $10 million, the Department of Justice reveals. The alleged fraudster had claimed the token was backed by $44 billion in gold and priceless...
El Paso, Elsewhere Dev Drags Industry’s ‘Sudden Silence’ In Uplifting Black Voices
20.3.2024
El Paso, Elsewhere was a big game for indie studio Strange Scaffold when it launched in September 2023. The Max Payne-like, narrative-driven vampire shooter centered a Black male character in the leading role, something you don’t see too often in the games industry. Well, Strange Scaffold founder...
Marathon Digital Expands Bitcoin Mining Presence with Texas Acquisition
15.3.2024
On March 15, Applied Digital announced that it had concluded the sale of its 200-megawatt (MW) Bitcoin mining facility to Marathon Digital Holdings for $87.3 million. The second quarter of 2024 is the expected date of completion of the deal.
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Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site
15.3.2024
The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3...
Bitcoin Miners Show Muscle Pushing Back Against Warrantless 'Emergency' Order
5.3.2024
In another example of crypto using the courts to fight back against unwarranted regulatory interference, blockchain advocates stopped a U.S. statistics agency from issuing an “emergency” request for mining energy metrics
EIA Agrees to Wipe Out Prior Bitcoin Mining Survey Data, Plans Fresh Study
4.3.2024
The US Energy Information Administration (EIA) has agreed to discard any data it already collected in response to its emergency Bitcoin mining survey, court documents filed Friday showed.
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