State Texas Financial News
22.02 / 12:33
NFT
Hack
security
Legal
Texas Man Sues OpenSea Over Stolen NFT, Asks for Over USD 1M in Damages
Timothy McKimmy, the US man who says he had lost his non-fungible token (NFT) due to an issue related to OpenSea's user interface (UI) design, has filed a lawsuit against the NFT marketplace, alleging that the platform was aware of the issue but did not "timely put adequate safety measures in place."
22.02 / 03:29
NASDAQ
DOW
Drop
Dow futures drop more than 400 points as tensions between Russia and Ukraine brew
Stock futures fell sharply on Monday night, as traders continue to monitor brewing tensions between Russia and Ukraine.
19.02 / 23:33
business
Government
Ethereum
Bitcoin
Crypto miners
Mining worldwide: Where should crypto miners go in a changing landscape?
One of the main themes among the crypto community in 2021 was China’s aggressive policy toward mining, which led to a complete ban on such activities in September.
19.02 / 01:39
Government
Bitcoin
lawmakers
Crypto miners
Georgia lawmakers consider giving crypto miners tax exemptions in new bill
Five members of the Georgia House of Representatives have introduced a bill that would exempt local crypto miners from paying sales and use tax.
17.02 / 16:01
business
Adoption
Environment
Bitcoin
Bitcoin Miner
Flower powered: Bitcoin miner heats greenhouses in the Netherlands
Bitcoin (BTC) mining generates a lot of “waste” heat. As energy prices spiral out of control in Europe, miners have come up with creative ways of recycling the heat generated by solving valid Bitcoin blocks.
14.02 / 23:27
UPS
Pool
Bitcoin
ATH
A different kind of ATH for Bitcoin and why it might matter
The Bitcoin network made headlines this week after its hash rate managed to reach a new all-time high of 248.11 million terahashes per second. However, a slight drop was noticed on 14 February. Even so, there was strong support for a continued trend towards accelerated security on the network.
13.02 / 03:27
Provident
Software
Exodus
Report: Woes under the Infrastructure Bill to be answered by the Treasury
The U.S Treasury Department might exclude crypto miners and stakers from a crucial rule going forward, reported Bloomberg. It has to do with the rule where brokers of virtual assets are required to provide information on their clients’ transactions to the Internal Revenue Service (IRS) under last year’s infrastructure bill.
11.02 / 20:35
business
Technology
Bitcoin
The world's first and oldest Bitcoin mining pool has mined nearly 1.3 million BTC since inception
All things have their humble beginnings; in 2010, the first Bitcoin (BTC) mining project was created in Prague, Czechia, and was simply called Bitcoin.cz. Soon afterward, founder Mark "Slush" Palatinus decided to move on to other ventures, such as creating the world's first cryptocurrency hard wallet, Trezor. As a result, Braiins, a company doing embedded Linux development and research, took over the mining pool and renamed it accordingly.
07.02 / 15:26
Society
community
Bitcoin
Why Are People Calling Bitcoin a Religion?
Joseph P. Laycock, Assistant Professor of Religious Studies, Texas State University.
06.02 / 22:49
markets
Ethereum
defi
Bitcoin
week
Top 5 cryptocurrencies to watch this week: BTC, ETH, NEAR, MANA, LEO
Bitcoin (BTC) surged above the $40,000 psychological resistance on Feb. 4 and successfully held the level over the weekend. This boosted the total crypto market capitalization from $1.78 trillion on Feb. 3 to about $2 trillion on Feb. 6, according to data from CoinGecko.
05.02 / 04:23
Blockchain
Adoption
Bitcoin
Ted Cruz buys the Bitcoin dip
Rafael ‘Ted’ Cruz, the junior Republican senator from Texas, is putting his money where his mouth is.
04.02 / 22:19
Mining
Bitcoin
Profitability makes crypto mining more expensive in Argentina
China’s crackdown on mining has led miners to search for other countries to continue their operations. Promises of reduced costs led some to Argentina. However, the country’s government has now applied new rates for crypto miners in the province of Tierra del Fuego.
03.02 / 20:47
Ethereum
Binance
Kraken
Bitcoin
USD 150M Bet On 'Extending' Bitcoin, Miners Help Texas, Proof-of-Kraken, NFT Investments + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
03.02 / 19:03
business
Texas
NFT project blankets Texas capital city in pro-crypto billboards
The founder of a website guiding readers through the digital asset market started a campaign in Austin to increase awareness of Bitcoin and other cryptocurrencies.
03.02 / 00:47
business
Mining
Electricity
Texas
Crypto miner in Texas shuts down 99% of operations as winter storm approaches
With Winter Storm Landon expected to hit parts of Texas this week, major crypto mining firms are powering down in anticipation of high demands on the state’s power grid.
30.01 / 18:45
Blockchain
IPO
Texas
Bitcoin
Bitcoin miners believe global hash rate to grow ‘aggressively’
Bitcoin (BTC) seems to be on everyone’s mind lately as the world recently witnessed the price of BTC take a rather unexpected bearish turn this month. On January 21, 2022, Bitcoin reached six-month lows, sinking below $40,000 for the first time in months.
28.01 / 16:33
Blockchain
UPS
CEO
Bitcoin
Support
Here’s the reason behind Texas Governor’s decision support to Bitcoin mining ops
China’s ban on cryptocurrency mining forced Bitcoin entrepreneurs to flee overseas. Many were heading to Texas, which is quickly becoming the next global cryptocurrency capital. Different executives within this region have opened their paths to allow Bitcoin miners to shift and operate here. Having said that, Bitcoin mining criticized for its energy-intensive operations.
27.01 / 14:07
business
SEC
Gemini
Interest rates
SEC reportedly probing crypto lending products by Gemini and Celsius
The United States Securities and Exchange Commission (SEC) is reportedly reviewing some of the high-yield crypto lending products offered by Gemini, Celsius Network and Voyager Digital.
26.01 / 01:10
25.01 / 16:59
business
Adoption
Bitcoin
NOT
Russian finance ministry official calls for crypto regulation, not restriction
In surprising comments made by the Russian director for financial policy, Russia could be softening its stance toward crypto. Ivan Chebeskov, a director within the Ministry of Finance, has come out in support of regulating crypto rather than banning it.
25.01 / 01:21
business
Mining
Electricity
Power
Crypto miners
Fitch Ratings warns of risks crypto miners pose to US power supply
Global credit rating agency Fitch Ratings is warning public power utilities across the United States to mitigate the risk crypto mining could post their production of power.
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