Bitcoin Mining Firm Hut 8 Expands Capacity in Texas
Canadian Bitcoin mining company Hut 8 has recently announced a power purchase agreement for a site in West Texas that provides 205 megawatts of available power.
Paxful Co-Founder Pledges Guilty to Operational Negligence
On Monday, Artur Schaback, co-founder of Paxful, pleaded guilty to conspiring to operate a cryptocurrency exchange platform with inadequate anti-money laundering measures.
US House Might Overturn Biden’s SAB 121 Veto
The House of Representatives may vote this week to overturn United States President Joe Biden’s veto of Staff Accounting Bulletin 121.
Silvergate Bank Reaches an Agreement with SEC
The US Securities and Exchange Commission filed a lawsuit against Silvergate Capital Corporation, accusing the bank of false statements about its anti-money laundering protocols and pointing to suspicious transfers involving FTX.
SEC Files Lawsuit Against Consensys
The US Securities and Exchange Commission filed on Friday a lawsuit against Ethereum software provider Consensys, claiming that its MetaMask service was an unregistered broker engaged in selling securities.
T-Rex Group Files for a Leveraged MicroStrategy ETF
The financial services firm T-Rex Group has recently applied to establish a leveraged Exchange-Traded Fund (ETF) based on the stock of MicroStrategy in the US.
Coinbase Files Lawsuits Against SEC and FDIC
Coinbase is taking legal action in order to obtain information from the Securities and Exchange Commission and the Federal Deposit Insurance Corporation regarding their stance on cryptocurrency regulation.
