Texas

Bitcoin Teeters Around $28K as Fed Raises Rates by 0.25%; Sen. Ted Cruz Proposes Ban on a CBDC
Bitcoin Teeters Around $28K as Fed Raises Rates by 0.25%; Sen. Ted Cruz Proposes Ban on a CBDC
Bitcoin (BTC) is teetering around $28,000, following the Federal Reserve raising rates by a quarter percentage point. Separately, Sen. Ted Cruz (R-Texas) introduced a bill aim...
Bitcoin Teeters Around $28K as Fed Raises Rates by 0.25%; Sen. Ted Cruz Proposes Ban on a CBDC

Texas Regulators Say $1B Voyager-Binance Deal Benefits Halved if Alameda Loan Claim Succeeds
Texas Regulators Say $1B Voyager-Binance Deal Benefits Halved if Alameda Loan Claim Succeeds
The benefits to creditors from Binance US' $1.02 billion offer to buy up bankrupt crypto lender Voyager hinge on a $445 million loan claim by Alameda Research, making the deal...
Texas Regulators Say $1B Voyager-Binance Deal Benefits Halved if Alameda Loan Claim Succeeds

A Sabre56 bitcoin mining facility. (Sabre56)
Bitcoin Mining Consulting Firm Sabre56 Raises $35M to Build 150MW of Hosting Sites
The company is moving into the hosting business and says it already has a "waiting list" of clients.
A Sabre56 bitcoin mining facility. (Sabre56)

Asobitcoin President on El Salvador’s Bitcoin Experiment
Asobitcoin President on El Salvador’s Bitcoin Experiment
El Salvador’s bitcoin experiment continues as President Nayib Bukele paid off the country's $800 million maturing bond issue in late January. Will Hernandez, president of the...
Asobitcoin President on El Salvador’s Bitcoin Experiment

El Salvador Considers Opening 'Bitcoin Embassy' in Texas
El Salvador Considers Opening 'Bitcoin Embassy' in Texas
El Salvador is in discussions to open a "bitcoin embassy" in Texas, El Salvador's Ambassador to the U.S., Milena Mayorga, said on Tuesday. "The Hash" panel discusses the lates...
El Salvador Considers Opening 'Bitcoin Embassy' in Texas

Texas
El Salvador Plans to Open 'Bitcoin Embassy' in Texas
The Central American country wishes to open a bitcoin embassy in "new ally" Texas, Mayorga said on Twitter, to aid "expansion of commercial and economic exchange projects."
Texas

Core Scientific's Marble facility in North Carolina. (Core Scientific)
Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized.
Core Scientific's Marble facility in North Carolina. (Core Scientific)

Prime Trust Consensus Booth (Prime Trust)
Crypto Custodian Prime Trust to Cease Operations in Texas at End of January
The firm withdrew its Texas Money Transmitter License application but says it intends to reapply "swiftly."
Prime Trust Consensus Booth (Prime Trust)

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)
Argo Blockchain's Bitcoin Mining Margin Widens Most in at Least a Year
December production fell 26% as Argo powered off during a Texas storm.
Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)