Texas
Bitqyck Founders Plead Guilty to Tax Evasion
Bruce Bise, 60, and Samuel Mendez, 65, face up to five years in federal prison after evading a combined $1.6 million in taxes.
Bitcoin Mining Is Reshaping the Energy Sector and No One Is Talking About It
In other news: Ted Cruz understands bitcoin mining’s potential role in a greener energy system.
Core Scientific to Build 300MW Blockchain Data Center in Texas
The new data center will increase Core’s total power capacity to more than 800MW.
Texas Securities Regulator Adds Celsius to Its Crypto Lending Crosshairs
Texas has already issued a similar warning to BlockFi.
Riot Blockchain Forecasts 7.7 EH/s by Q4 2022 as Texas Facility Starts Production
Riot acquired the 190,000 square-foot site in April.
Dallas Symphony Orchestra Releases Classical Music NFTs on Rarible
The opening bid for an NFT featuring the video of an emotional musical concert held in May will be $50,000.
Why Are US Regulators Cracking Down on BlockFi?
Texas joins Alabama and New Jersey in alleging that BlockFi’s interest-bearing product (BIA) might violate state securities laws. “The Hash” panel discusses the potential factors driving national enforcement actions against the crypto lending platform and whether the federal government is likely to step in.
Texas Cracks Down on BlockFi, Joining Alabama, New Jersey
Texas is the latest state after Alabama and New Jersey to join the list of jurisdictions filing a cease-and-desist order against BlockFi, with its regulators alleging on Thursday the crypto lender's Interest Account (BIA) product is a security under state rules. CoinDesk's Nikhilesh De discusses the latest developments swirling around BlockFi and its regulatory implications.
BlockFi Faces Crackdown by a Third US State, Texas
The Lone Star state’s proposed cease-and-desist order would bar BlockFi from offering interest accounts without registering with the state’s securities regulator.
Will Chinese Bitcoin Miners Come to Texas?
Argo Blockchain CEO Peter Wall discusses the great migration of bitcoin miners amid China's crypto ban and why some may be headed to Texas. Plus, how his firm is lowering carbon emissions in response to rising concerns over bitcoin's energy consumption.
