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.
Bitcoin Mining and the Politicization of a Once Reputable Federal Agency
The Department of Energy’s statistics wing is feigning an “emergency” to attack legitimate U.S. businesses and score political points, Texas Blockchain Council President Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring write.
Abra to Open Withdrawals After Settling with Texas Regulators
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Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper
A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet.
Political donations aplenty: Event recap for North American Blockchain Summit
Republican presidential candidate Vivek Ramaswamy, Independent presidential candidate Robert F. Kennedy, Jr. and many U.S. lawmakers were in attendance at NABS 2023.
Failed ‘$175M’ real estate token raise draws ire of Texas regulators
“GS Partners promoted the products through a multilevel marketing scheme paying lavish commissions,” regulators say.
Texas is home to nearly 30% of all Bitcoin hash rate — Foundry
According to Foundry’s data pool, Texas accounts for 28.5% of all Bitcoin hash rate in the United States.
Bitcoin miners seek alternative energy sources to cut costs
The next generation of crypto mining will focus on alternative energy sources for efficiency.
Celsius and Core Scientific propose $14M settlement for litigation
Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million.
Crypto companies form Texas blockchain group to advocate for clear regulations
a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm joined to advocate for clear regulations.
Bitcoin Mining Has a Superpower
It’s the blockchain’s electricity consumption patterns, Texas Blockchain Council President Lee Bratcher writes.
Texas Blockchain Council director announces run for State House
The director of Bitcoin mining analytics at the TBC said he was opposed to the Fed’s exploration of a central bank digital currency and planned to push for “digital freedom.”
Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining’s Texas Site
Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site.
Bitcoin Miners Gain Support From Texas With Two Bills Passed, One Halted
Two bills that will seem to embrace mining have been sent to the governor, whereas one that would adversely affect miners was stopped at committee.
Texas Bill That Would Limit Miners’ Participation in Cost-Saving Grid Programs Stopped in House Committee
The legislation would have capped the industry’s participation in demand response programs.
What the ‘anti-mining bill’ means for the crypto industry in Texas
The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation.
Texas legislative session winds down with crypto bills still in limbo
State lawmakers passed a proof-of-reserves bill and legislation covering crypto firms’ usage of flare gas, both awaiting Texas Gov. Greg Abbott’s approval or veto as of May 29.
Binance off the hook from $8M Tinder ‘pig butchering’ lawsuit
The plaintiff, a Texan woman, initially blamed Binance for losing $8 million in a pig butchering scam that began on Tinder.
G7 discusses crypto, supports CBDC — Law Decoded, May 15–22
The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets.
Texas proof-of-reserve bill passes through the Senate
The legislation would oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers.”