Mining Giant Bitmain Reportedly Suspends Mining Operations in Texas
Bitmain, a China-based leading mining and mining ASIC hardware producer, has reportedly suspended its mining operations in Rockdale Go to Source Powered by WPeMatico
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Texas Updates Regulatory Guidance Regarding Cryptocurrency Activities
The 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.” … Read more
Texas Securities Commissioner Issues Cease and Desist Order to Crypto Investment Firm
The Securities Commissioner of the State of Texas has issued an Emergency Cease & Desist Order against crypto investment firm My Crypto Mine and its principal Go to Source Powered by WPeMatico
50% Favor Bitcoin as Long-Term Investment in Former US Rep Ron Paul’s Twitter Surveyм
Former Texas representative Ron Paul has asked Twitter users about which asset they would prefer to keep for ten years, and 50% answered “Bitcoin” Go to Source Powered by WPeMatico
Salt to Offer Crypto-Backed Loans in 7 Global Markets, 15 More US States
Salt, 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 … Read more
Free Crypto Trading App Robinhood Available in Alaska and Oklahoma
“Alaska, thanks for bearing with us,” popular smartphone trading app Robinhood tweeted. “Trade Bitcoin and other cryptocurrencies, commission free.” Mere days after, it announced the same for Oklahoma. Residents of the two states can now trade bitcoin cash, dogecoin, ethereum, ethereum classic, and litecoin on its platform. Also read: Colombia Crypto Exchange Asks New President … Read more
Crypto Lender SALT Now Available in 35 States
SALT, one of the earliest cryptocurrency-backed lending providers in the space, announced this week it was expanding into 20 more states in the US, bringing its total market penetration to 35, including Washington DC, across America. And while that number is impressive on its own, SALT accomplished this during an extended bear market. Also read: … Read more
Bitcoin Mining Giant Bitmain to Invest $500 Million in Texas Data and Mining Facility
Bitmain is planning to open a blockchain data and mining facility in Texas by early 2019 Go to Source Powered by WPeMatico
Bitmain Launches Key Crypto Mining Facility in Texas
Bitmain Technologies Ltd. is launching a crypto mining facility and blockchain data center in the U.S. state of Texas at a former aluminum smelting facility with a recently-retired coal power station. The company is reportedly getting a tax abatement phased in over 10 years. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Mining … Read more
Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners
In recent mining news, it has been alleged that the CEO of Vietnam-based Sky Mining has fled the country with $35 million USD in investor funds in his possession. Meanwhile, in the US, Tmgcore has acquired a 100-megawatt data center in Dallas, Texas, and local media have reported that Bitmain will open a mining facility … Read more
