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Texas Man Charged for Using COVID-19 Small Business Relief Funds to Buy Crypto
Texas resident Joshua Thomas Argires has been charged for investing COVID-19 relief funds in cryptocurrencies
Crypto CEO Arrested in New York for Wire Fraud Offences
Eddy Alexandre, the founder and CEO of EminiFx has been arrested by law enforcement agents as he faces charges bothering on one count each of commodities and wire fraud respectively.
BitMEX Lays Off 25% Staff after Failing to Acquire German Bank
BitMEX Derivatives Exchange has reportedly cut off 25% of its staff following information shared with employees last week.
Cronos (CRO) Welcomes Exaion, EDF Subsidiary, as New Validator
Cronos (CRO) partners with Exaion, a subsidiary of Europe's largest electricity group EDF, to enhance network stability and security as a new validator.
Texas Bitcoin Mining Operations Undergo Intensive Due Diligence
CoinShares' research team evaluates major Bitcoin mining facilities in Texas, highlighting innovations and industry growth.
Canaan Inc. Expands Bitcoin Mining Operations in North America
Canaan Inc. strengthens its North American presence with expanded Bitcoin mining operations in Texas and Pennsylvania, aiming for a 10 EH/s capacity by mid-2025.
Nexa AI Enhances DeepSeek R1 Distill Performance with NexaQuant on AMD Platforms
Nexa AI introduces NexaQuant technology for DeepSeek R1 Distills, optimizing performance on AMD platforms with improved inference capabilities and reduced memory footprint.
Exaion Bolsters Tezos' Etherlink as Validator, Signaling Institutional Interest
Exaion, backed by EDF Group, joins Etherlink as a validator, signaling broader institutional interest in Tezos and enhancing network stability.
Hexagon Utilizes NVIDIA AI to Launch AEON Humanoid for Industrial Applications
Hexagon partners with NVIDIA to develop AEON, a humanoid robot designed for industrial applications, leveraging advanced AI and robotics technology to enhance efficiency in manufacturing and logistics.
Exa Innovates with Multi-Agent Web Research System Using LangGraph
Exa has launched a cutting-edge multi-agent web research system leveraging LangGraph and LangSmith. The system processes complex queries with impressive speed and reliability.
Texas City Fort Worth Becomes First Government to Mine Bitcoin in the US
Fort Worth, a City in Texas State, announced Tuesday to become the first city government to mine Bitcoin in the United States.
Texas Objects to Binance.US and Voyager Digital Deal
Texas’ State Securities Board and Department of Banking object to Binance.US's proposed $1.022 billion deal to buy Voyager Digital's assets, citing "inadequate" disclosures.
Kakao Affiliates Face Probe Over Crypto Misappropriation Allegations
Prosecution delves into allegations of cryptocurrency embezzlement & breach of trust against ex-Kakao chairman & affiliate executives, marking the start of a formal inquiry with the examination of the complainant on Oct 11.
Argo Blockchain Announces 1st Quarter Financial Results
Argo Blockchain has released its financial report for the first quarter of 2022. It showed total quarterly revenue of $19.52 million, up from $17.84 million in the same period last year, attributed to an increase in hash rate over the past year.
Exclusive: Will Everipedia Replace Wikipedia in the Future?
Following Part 1 of our interview, Larry took a deeper dive in Everipedia in terms of governance model, staking mechanism and public awareness. He also addressed the question that have drawn widespread curiosity of public: Will Everipedia replace Wikipedia in future?
Russian Alexander Vinnik Remained To Jail Five Years For Money-laundering
The Paris Court remained upheld of five-year imprisonment for BTC-e operator Alexander Vinnik. Still, it exempted him from a fine of 100,000 euros to consider that Vinnik was unable to pay the fine.
Texas Passes Bipartisan House Bill 1666 Regulating Digital Asset Service Providers
Aiming to reinforce regulation in the digital asset industry, the Texas legislature has enacted bipartisan House Bill 1666. Set to take effect on September 1, 2023, the legislation imposes rigorous requirements on digital asset service providers in terms of handling customer funds.
UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility
London-based Argo Blockchain has joined an increasing number of firms seeking to construct crypto mining facilities in Texas, US.
Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas
Samsung Electronics has secured $6.4 billion in US government grants to expand its Texas chip manufacturing operations, aiming to boost production for automotive, aerospace, and defense industries, including two production facilities and a research center.
Cryptocurrencies Added to the List of Top Threats to Investors by Texas Security Board
According to the latest Texas Investors Guide, Texas regulators have added cryptocurrencies to the list of top threats to investors. In an edition of the states Securities Board's “Texas Investor Guide: Strategies for Investing Wisely and Avoiding Financial Fraud,” the regulatory body included cryptocurrencies to the list of investments with potential red flags. The report described cryptocurrencies as extraordinarily volatile and challenging to grasp for people who are not professional traders.
Sberbank Executive Touts Blockchain for Russia
Sberbank executive Alexander Vedyakhin believes blockchain technology could help Russia solve current settlement issues, offering new capabilities for payment systems.
Texas lawmakers propose gold-backed state digital currency
Two Texas lawmakers have introduced bills proposing a state-based digital currency backed by gold, with each unit of the currency representing a fraction of a troy ounce of gold held in trust. The bills are set to take effect in September 2023, but have yet to be passed or presented for a vote. This move comes despite objections from several U.S. lawmakers who are against the introduction of a central bank digital currency (CBDC).
Texas Bitcoin Miners Agree to Reduce Power Usage
The crypto miners made the move after ERCOT suggested the need to reduce power consumption.
Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt
The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts.
Russian National Extradited to the U.S. to Face Crypto Money Laundering Charges
Alexander Vinnik, a Russian national accused of running an illegal crypto exchange BTC-e was extradited to the United States to face fraud charges.
Apple Demands that Telegram Block Channels Officiated by Belarus Protestors
Apple tech giant has told cloud-based messaging service Telegram to shut down three channels related to the Belarus political protests.
FTX.US, Founder Sam Bankman-Fried Are Under Probe by Texas Regulators
Texas Regulators are investigating FTX.US over its high-yield, interest-bearing accounts.
Core Scientific and Celsius Mining Settle Litigation with Texas Data Center Purchase Agreement
Core Scientific has agreed to sell its Cedarvale Bitcoin mining site in Texas to Celsius Mining LLC for $14 million. The deal will settle ongoing litigation and allow Celsius to expand its Texas data centers. The Cedarvale site, valued at $45 million, will be overseen by US Bitcoin Corp. The transaction is not impacting Core Scientific's mining fleet.
Crypto Miners in Texas Halted Due to Extreme Heat
Many crypto miners have shut down operations due to a heatwave in Texas.
EminiFX CEO Sentenced to Nine Years for $240 Million Crypto Fraud Scheme
EminiFX CEO, Eddy Alexandre, sentenced to nine years for defrauding investors of $240M through fabricated returns and false AI trading claims.
GPT-4 AI Chatbot Scores High on Tests
The latest version of AI chatbot GPT-4 has achieved high scores on high school and law school tests, including the LSAT and Uniform Bar Exam. GPT-4 also scored well on SAT and AP exams in various subjects.
Students at Texas-based University Accorded with Blockchain-Powered GreenLight Credentials
The University of North Texas (UNT) in Dallas has unveiled GreenLight Credentials, a blockchain-enabled academic records verification platform, for its students, giving them more control of their transcripts.
Belarus President Signs Free Flow Crypto Decree, Wallets to Come Under Central Register
Belarusian President Alexander Lukashenko has signed a decree that will allow the free circulation of cryptocurrencies.
Green Lights to Texas State Chartered Banks to Provide Virtual Currency Custody Services
Texas state-chartered banks get the green light from the regulator in Texas of the United States for providing customer custody virtual currencies services.
ChatGPT-4.0 Showcases Potential in Neurology with Impressive Exam Results
OpenAI's ChatGPT-4.0 passed a clinical neurology exam with 85% correct answers, showing promise for future applications in the field after further refinements.
Mining company Argo Blockchain to Launch Flagship Mining Facility in Texas
The London-listed Bitcoin mining company Argo Blockchain will officially launch its flagship mining facility Helios in Texas next week.
BitMEX CEO Alexander Hoptner Resigns From the Trading Platform
Alexander Hoptner tendered his resignation today as BitMEX CEO, expanding the exodus of executives from crypto
Riot Blockchain's Texas Mining Operations Disrupted by Winter Storms
Riot Platforms' 2023 hash rate ambitions were slowed by Texas winter weather.
El Salvador is Opening a Bitcoin Embassy in the United States
El Salvador, the first nation to legalize Bitcoin, is opening a Texas Bitcoin Embassy to promote BTC.
Houston Texans Partnered with BitWallet, Becoming First NFL Team to Sell Game Suite with Crypto
Houston Texans of the National Football League (NFL) have selected cryptocurrency platform bitWallet as their exclusive official crypto wallet provider and said the partnership will go into effect.
Belarus President Alexandra Lukashenko Urges His Citizens to Embrace Bitcoin Mining
The president of Belarus, Alexandra Lukashenko, is urging his citizens to take advantage of cheap electricity in the country to do crypto mining instead of seeking jobs abroad.
Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund
Bangladesh has expressed its intentions to send 100 new graduates for Blockchain training in Japan and India according to reports by Bangladesh’s English-language newspaper The Daily Star on Aug 4.