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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Texas State Securities Board (TSSB) has taken legal action against Abra and its CEO, William John “Bill” Barhydt. Investors participating in Abra Earn and Abra Boost accuse the defendants of securities fraud and deceptive practices. The
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Crypto lending firm Abra, which once handled more than $116 million in assets, had allegedly committed securities fraud and has been insolvent since March 31, according to Texas regulators.In a June 15 enforcement action — including an emergency cease and desist order — the Texas State Securities Board accused Abra and its
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The 88th session of the Texas Legislature has passed a series of bills set to influence the state’s bitcoin mining industry. In the recent 88th legislative session, Texas lawmakers have made strides in legislation impacting local bitcoin
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Cathedra said the agreement makes it the first publicly listed miner utilizing both on- and off-grid energy. Off-grid energy can allow bitcoin miners to escape some criticism of destabilizing the electricity grid due to the power consumption involved while also providing the option of selling power to the grid should
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"More miners in the [demand-response] program means more load can be reliably called on to help balance the grid," said Dennis Porter, who leads another industry advocacy group, Satoshi Action Fund. "We are increasing communication with the PUC and ERCOT which will improve transparency and publicly available data on mining
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In late April, over a hundred people gathered near the Texas Capitol building to protest. Peaceful protests in the United States are not uncommon, but what made this one unique was that its participants were gathered to advocate for the right to own and use cryptocurrencies.The location is also puzzling, as
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The 88th legislative session for the government of the state of Texas will end on May 29 without any resolution to certain bills affecting aspects of the digital asset space.According to Texas legislative records, lawmakers moved Senate Bill 1751 to the Committee on State Affairs on April 24 after passage
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Musk noted that Tesla will conduct a third-party audit of its cobalt supply chain to ensure there is no child labour in the supply chain. During this year’s Tesla Inc (NASDAQ: TSLA) annual shareholders meeting – held on Tuesday in Austin, Texas – tech billionaire Elon Musk charged the crowd with
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Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the round. Source
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