An Oct. 14 court filing has revealed that Texas State Securities Board (TSSB) is investigating FTX.US and Sam Bankman-Fried over the offering of unregistered securities. Barrons first reported the filing. The filing was made by Joseph Rotunda, the Director of Enforcement at TSSB. He claimed the crypto exchange violated state law by offering yield-bearing products…
Riot Blockchain produced over $7.1M worth of BTC in September
Riot Blockchain, a Bitcoin mining company based in Texas, produced 355 BTC in September this year. The news is part of Riot’s unaudited production and operations updates for last month, in which the company disclosed its BTC holdings, sales, and profits. According to the announcement, Riot’s 355 BTC production represents a 13% decrease as compared…
Bitcoin hashrate plummets as Texas-based miners suspend operations
Bitcoin (BTC) hashrate dropped to as low as 159.41 exahashes per second (EH/s) on July 13, its lowest in five months, as Texas-based miners were forced to go offline. According to data from BTC.com, the 27% drop in hashrate is the largest since February 2022. Bitcoin hashrate, which signifies the network’s computing power, has been…
Texas to launch investigation into Twitter 5% bots claim
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Texas Attorney General Ken Paxton has revealed that his office is launching an inquiry into Twitter’s bot reporting as it might violate the Texas Deceptive Trade Practices Act. The social media company claims that the bot accounts on its platform are…