State Texas Financial News

24.11 / 17:39

business Bitcoin Bitcoin miners look to software to help balance the Texas grid

Although Bitcoin (BTC) mining remains a controversial topic, it’s becoming more common to hear how Bitcoin mining can help balance grid demand. This is being demonstrated in the state of Texas, as Bitcoin miners are able to participate in demand response programs, which incentivize miners to turn off their operations during peak demand.

23.11 / 08:41

Dogecoin Dogecoin price prediction DOGEUSD Dogecoin Price Prediction as DOGE Sees $900 Million Trading Volume Come In

Dogecoin price prediction is positive, as it has risen above $0.0720 and is now trading at $0.0810.

23.11 / 01:11

ETF Investments SEC Power Approving a spot crypto ETF is 'all about political power' — Perianne Boring

Perianne Boring, founder and CEO of blockchain advocacy group Chamber of Digital Commerce, placed the lack of approval of a Bitcoin exchange-traded fund in the United States squarely on Securities and Exchange Commission chair Gary Gensler, suggesting politics played more of a role than economics.

22.11 / 09:11

business Bitcoin Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs

NFL quarterback Tom Brady and NBA point guard Stephen Curry are reportedly among the celebrities facing a probe from the Texas financial regulator over their promotion of the now-bankrupt crypto exchange, FTX.

22.11 / 01:43

business Conference High sentiment in FTX's shadow: event recap for Texas Blockchain Summit

Apparently, not everything is bigger in Texas. At least not in the days following a major crypto exchange declaring bankruptcy.

19.11 / 19:43

Dogecoin business Twitter Is DOGE really worth the hype even after Musk’s Twitter buyout?

2022 continues to be a year of surprises, with one of the biggest so far being Elon Musk’s decision to acquire social media juggernaut Twitter for a whopping $44 billion. While the takeover has set into motion a whole host of debates — particularly those pertaining to Big Tech censorship — it has also called into question the future of Dogecoin (DOGE), a digital currency of which the billionaire has been a big proponent over the last couple of years.

19.11 / 13:05

business cryptocurrency FTX Crash Warren Buffett's Berkshire warns about crypto website using its name

Berkshire Hathaway Inc (BRKa.N), run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a purported cryptocurrency brokerage website using the Berkshire Hathaway name.

19.11 / 00:33

regulation FTX FTX collapse could trigger ‘appetite' for harsher regulation, says Andrew Yang

Calls for harsher regulations around cryptocurrencies and digital assets will likely grow louder in the aftermath of FTX’s collapse — something former United States presidential candidate Andrew Yang said isn’t conducive to making America a hotbed for blockchain innovation.

18.11 / 23:53

CFTC regulation SEC Time CFTC Commissioner Mersinger says the time has come for action on crypto regulation

United States Commodity Futures Trading Commission (CFTC) commissioner Summer Mersinger suggested that the time to act on cryptocurrency regulation may have arrived. Speaking at the Texas Blockchain Summit on Nov. 18, Mersinger considered what it may take for effective crypto regulation in the United States.

18.11 / 04:37

business Conference FTX Crypto industry was ‘judge, jury and executioner’ for FTX: Pompliano

Prolific podcaster and cryptocurrency investor Anthony Pompliano has not lost faith in people or the crypto industry despite the disappointing conduct of former FTX CEO Sam Bankman-Fried.

12.11 / 14:31

exits Hogan Lovells UK M&A co-head exits for US law firm

Hogan Lovells UK M&A co-head Ben Higson has quit to join US energy law firm Vinson & Elkins in London.

11.11 / 10:11

exits Hogan Lovells UK M&A co-head exits for US law firm

Hogan Lovells UK M&A co-head Ben Higson has quit to join US energy law firm Vinson & Elkins in London.

28.10 / 19:49

Adoption interview Bitcoin Crypto Talk Cowboy hats, boots, guns and crypto talk with Dan Held

Bitcoiner Dan Held gave journalist Nicole Behnam a true Texan welcome to Austin while the pair discussed their individual paths into the world of crypto.

26.10 / 17:39

business Government Bitcoin strategies Bitcoin miners rethink business strategies to survive long-term

The Bitcoin mining industry continues to face a challenging year as the price of Bitcoin (BTC) hovers below $20,000, coupled with rising energy costs in North America and Europe. Regulators have also recently started clamping down on crypto mining, as a recent report from the Bitcoin Mining Council (BMC) found that Bitcoin has seen a 41% increase in energy consumption year-on-year (YoY). As a result, a number of crypto mining companies have been forced to sell off equipment, while others have filed for bankruptcy.

24.10 / 08:43

Ethereum Bitcoin Fidelity to beef up crypto unit by another 25% with 100 new hires

$4.5 trillion asset management firm Fidelity Investments is reportedly set to hire another 100 people to bolster the firm's growing digital assets division — a stark contrast to the recent squeezing out of crypto-talent.

21.10 / 06:47

regulation Gambling casino Metaverse casino served emergency cease and desist to halt NFT sales

A metaverse casino has been hit with simultaneous cease and desist orders from four state enforcement bodies across the United States, who have deemed the firm’s nonfungible tokens (NFTs) to be unregistered securities.

19.10 / 17:57

BLOCK CEO Action network Celsius Network attracts Federal investigation- Details you need to know

Crippled crypto lender Celsius Network is reportedly facing a federal investigation in the United States.

18.10 / 22:59

Blockchain ETH CEO Platform Investigations 50,000 ETH transferred from FTX to Voyager amid investigations, details inside

Cryptocurrency exchange FTX on 18 October transferred 50K ETH to crypto lender Voyager Digital’s main wallet. The transaction took place as the acquisition worth $1.4 billion is being executed.

18.10 / 15:19

Legal FTX Fried Sam Sam Bankman-Fried and FTX Exchange Under Investigation by Texas Regulators

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.

18.10 / 00:43

regulation security Texas investigates FTX for securities violations after objecting to Voyager auction

The Texas State Securities Board (SSB) and the Texas Department of Banking (DOB) filed a supplemental declaration Oct. 14 in the Voyager Digital case in which it stated that the SSB is investigating FTX Trading, FTX US and their principals, including co-founder and CEO Sam Bankman-Fried, for allegedly offering unregistered securities in the United States. FTX US won the auction for the remaining Voyager Digital assets on Sept. 26.

15.10 / 14:41

Digital Southern Voyager Digital’s journey till its refuge may be delayed by this roadblock

Defunct crypto lender Voyager Digital managed to add to its list of problems as the exchange has run into trouble again. This time around, Voyager Digital caught the eye of the Texas Department of Banking (DOB) and the Texas State Securities Board (SSB).

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