Texas
Asobitcoin President on El Salvador’s Bitcoin Experiment
El Salvador’s bitcoin experiment continues as President Nayib Bukele paid off the country's $800 million maturing bond issue in late January. Will Hernandez, president of the Bitcoin Association of El Salvador, discusses the current state of bitcoin adoption in the country and the key initiatives at Asobitcoin. Plus, his take on El Salvador's plans to build a Bitcoin Embassy in Texas and his reaction to IMF calling for greater transparency.
El Salvador Considers Opening 'Bitcoin Embassy' in Texas
El Salvador is in discussions to open a "bitcoin embassy" in Texas, El Salvador's Ambassador to the U.S., Milena Mayorga, said on Tuesday. "The Hash" panel discusses the latest in El Salvador's stumbling bitcoin experiment and the possible outcomes.
El Salvador Plans to Open 'Bitcoin Embassy' in Texas
The Central American country wishes to open a bitcoin embassy in "new ally" Texas, Mayorga said on Twitter, to aid "expansion of commercial and economic exchange projects."
Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized.
Crypto Custodian Prime Trust to Cease Operations in Texas at End of January
The firm withdrew its Texas Money Transmitter License application but says it intends to reapply "swiftly."
Argo Blockchain's Bitcoin Mining Margin Widens Most in at Least a Year
December production fell 26% as Argo powered off during a Texas storm.
Bitcoin Miners Powered Off as Winter Storm Battered North America
Computing power on the Bitcoin network dropped about 40% over the weekend.
Inside Core Scientific’s Prearranged Bankruptcy
The world’s biggest publicly traded bitcoin miner filed for Chapter 11 protection Wednesday. Here’s more details on what that means.
Bitcoin Miners Offered Way to Cut Texas Electricity Usage to Help the Grid
The state's interim, voluntary program to lower power consumption during high demand periods, might go live as early as Jan. 1, 2023.
21 Americans Charged for Alleged Crypto Money Laundering Schemes
Federal prosecutors in Texas have slapped 21 U.S. citizens with an assortment of criminal charges for allegedly helping various transnational criminal rings launder their ill-gotten gains using cryptocurrency. "The Hash" panel discusses the latest in the world of crypto crime.
