The Texas Public Utility Commission approved the unified “Batch Zero” mechanism developed by ERCOT to interconnect large consumers to the power grid. …
Texas
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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
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SpaceX plans an initial $55 billion Terafab chip and AI megafactory in Grimes County, Texas, as part of Elon Musk’s broader Austin-centered …