Category: Texas

INX Becomes the First SEC-Registered IPO to Accept Crypto

15th September 2020, New York, United States: INX will start accepting bitcoin (BTC), ether (ETH), and USDC stablecoin, starting today. INX said over 3,000 retail and accredited investors registered for the INX token offering during its first three days. Now that the minimum requirement INX has set to raise the first $7.5 million of its […]

The post INX Becomes the First SEC-Registered IPO to Accept Crypto appeared first on Bitcoin News.

Continue Reading

South African Firms Ordered to Cease and Desist in 2 US States for Crypto Debit Card Fraud

Two U.S. states have issued emergency cease and desist orders to South African firms and a South African national promoting a cryptocurrency debit card scheme. The companies claim that the card is like a traditional Mastercard but the states say the scheme is fraudulent. South African Firms Sanctioned by 2 US States The Texas State […]

The post South African Firms Ordered to Cease and Desist in 2 US States for Crypto Debit Card Fraud appeared first on Bitcoin News.

Continue Reading

South African Bitcoin Investment Company Pushes Back Against Texas Scam Allegations

South African Bitcoin Investment Company Pushes Back Against Texas Scam AllegationsMirror Trading International (MTI), a South African bitcoin investment company at the center of a cease and desist order issued by the Texas State Securities Board (TSSB), is pushing back allegations that it is running a Ponzi scheme or a scam. MTI CEO Johann Steynberg issued a statement assuaging MTI members that the organization is […]

The post South African Bitcoin Investment Company Pushes Back Against Texas Scam Allegations appeared first on Bitcoin News.

Continue Reading

4th Amendment Does Not Protect Bitcoin Data, US Fifth Circuit Court Rules

4th Amendment Does Not Protect Bitcoin Data, US Fifth Circuit Court RulesA Fifth Circuit panel of judges recently ruled that Fourth Amendment rights do not apply to cryptocurrency transaction data that stems from an exchange. The U.S. court ruled against the defendant, Richard Gratkowski, who attempted to leverage the Fourth Amendment in an appeal. According to the ruling of a three-judge panel from the Fifth Circuit […]

The post 4th Amendment Does Not Protect Bitcoin Data, US Fifth Circuit Court Rules appeared first on Bitcoin News.

Continue Reading

Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas

The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world. A Frankfurt-based operation called Whinstone Inc., […]

The post Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas appeared first on Bitcoin News.

Continue Reading

Bitmain Aims to Build a 300MW Texas Mining Farm

Bitmain Aims to Build a 300MW Texas Mining FarmThe Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s capacity to more than 300MW. Also read: The Silk Road Investigation: A ‘Pattern […]

The post Bitmain Aims to Build a 300MW Texas Mining Farm appeared first on Bitcoin News.

Continue Reading

From Exxon to Crypto: the Story of Joey King on the Humans of Bitcoin Podcast

From Exxon to Crypto – the Story of Joey King on the Humans of Bitcoin PodcastJoey King, a developer at Bitcoin.com, is the latest character to have shared his story on the Humans of Bitcoin podcast with Matt Aaron. The interview covers how he went from working in the oil industry to being a crypto programmer to how he sees the propaganda efforts of Napoleon reflected in the market today. […]

The post From Exxon to Crypto: the Story of Joey King on the Humans of Bitcoin Podcast appeared first on Bitcoin News.

Continue Reading

Coinstar Machines in Select US States Now Sell BTC Vouchers

U.S.-Based Coinstar Machines in Select States Now Sell BTC VouchersOn Jan. 17, financial services company Coinme announced that people visiting select Safeway and Albertsons stores in California, Texas, and Washington can now purchase bitcoin core (BTC) through Coinstar kiosks. Coinstar devices are fully automated self-service coin-counting machines and now thousands located in the U.S. market could be equipped to handle cryptocurrency transactions. Also Read: Markets […]

The post Coinstar Machines in Select US States Now Sell BTC Vouchers appeared first on Bitcoin News.

Continue Reading

Bitmain Pauses Texas Mining Operations, County Officials Report

According to reports from media outlet Texas Public Radio, the Chinese mining giant Bitmain Technologies has reportedly suspended operations in the town of Rockdale. Bitmain started to build up its new facility at a former aluminum smelting factory last summer, but since the crypto economy downturn, the company’s operations at the Texas factory have allegedly paused. […]

The post Bitmain Pauses Texas Mining Operations, County Officials Report appeared first on Bitcoin News.

Continue Reading

Texas Updates Regulatory Guidance Regarding Cryptocurrency Activities

Texas Updates Regulatory Guidance Regarding Activities Involving CryptocurrencyThe Texas Department of Banking has published new guidance regarding the regulatory treatment of virtual currencies under the Texas Money Services Act. The document states that most transactions involving cryptocurrencies will not be considered a transfer of “monetary value” but the exchange of virtual currencies for fiat will likely be recognized as a “money transmission.” […]

The post Texas Updates Regulatory Guidance Regarding Cryptocurrency Activities appeared first on Bitcoin News.

Continue Reading

The Daily: Belarus Adopts New Regulations, Galaxy Digital Releases Q3 Results

The Daily: Belarus Adopts New Regulations, Galaxy Digital Releases Q3 ResultsIn this edition of The Daily, we look at the latest regulatory development in Europe – Belarus High Technologies Park has adopted new regulations for cryptocurrency companies. We also cover Galaxy Digital’s report into its third quarter financial results and an alert issued in Texas about a new scam promising refunds to Bitconnect investors.   […]

The post The Daily: Belarus Adopts New Regulations, Galaxy Digital Releases Q3 Results appeared first on Bitcoin News.

Continue Reading

Texas Takes Action Against Cryptocurrency Mining Company Promising 200% Profit

Texas Takes Action Against Cryptocurrency Mining Company Promising 200 Percent ProfitThe Texas State Securities Board has issued an emergency cease and desist order to an Australia-based cryptocurrency mining company and its affiliates. According to the order, the company represents that investments in its mining contracts are “guaranteed to 200% profit.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cease and Desist Order The Texas State […]

The post Texas Takes Action Against Cryptocurrency Mining Company Promising 200% Profit appeared first on Bitcoin News.

Continue Reading

Salt to Offer Crypto-Backed Loans in 7 Global Markets, 15 More US States

Crypto-Backed Loans Expand: Salt Moves to 35 StatesSalt, a cryptocurrency-backed loan service, has announced plans to launch operations in seven new jurisdictions throughout the world, while offering its services in 15 more U.S. states. It will also include litecoin (LTC) among its offerings, while providing more competitive interest rates and removing loan caps. Also read: Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic […]

The post Salt to Offer Crypto-Backed Loans in 7 Global Markets, 15 More US States appeared first on Bitcoin News.

Continue Reading

By continuing to use the site, you agree to the use of cookies. more

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close