In brief Two Texas brothers pleaded guilty Thursday to robbing a Minnesota family of more than $8 million in cryptocurrency during a …
Texas
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Mining
Texas Power Grid Reform Could Boost Bitcoin Miners Turned Data Center Operators
by shayaanby shayaanThe Texas Public Utility Commission approved the unified “Batch Zero” mechanism developed by ERCOT to interconnect large consumers to the power grid. …
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Regulation
SEC Charges Texas Man in $12.3 Million Crypto Fraud Scheme Involving AI Trading Bot
by shayaanby shayaanThe U.S. Securities and Exchange Commission (SEC) has filed charges against Nathan Fuller, a Texas resident, for allegedly orchestrating a $12.3 million …
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Hut 8 has priced $4.25 billion of senior secured notes to finance a large artificial intelligence (AI) data center project in Texas. …
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Mining
Google announces $40 billion Texas data center and energy push with new Meitner Energy Center
by shayaanby shayaanGoogle is planting a massive flag in the Texas Panhandle. The company announced the Meitner Energy Center, a new data center paired …
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Mining
Google and Intersect Power break ground on massive Meitner Energy Center in Texas
by shayaanby shayaanGoogle and Intersect Power have officially started building the Meitner Energy Center, a combined data center and renewable energy complex in the …
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Regulation
Texas man charged over alleged $12.3 million AI crypto arbitrage scam
by shayaanby shayaanThe SEC has charged Texas resident Nathan Fuller over an alleged $12.3 million AI crypto arbitrage scheme that promised triple digit returns …
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Markets
SEC sues Texas man over $12.3 million alleged crypto scheme built on fake AI trading bots
by shayaanby shayaanFuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading. www.coindesk.com
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Markets
Wall Street gets new crypto rival after Texas bank completes regulatory pivot
by shayaanby shayaanBy establishing a national charter under the executive branch, United Texas Bank said it intends to enable AI-driven payment rails to intercept …
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Industry-backed PACs supported Democratic and Republican candidates alike, underscoring digital assets’ growing role as a cross-party electoral force. www.coindesk.com