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Texas
OpenSea Suspends Trading of Sand Vegas Casino Club NFTs
OpenSea has suspended the trading of "Gambling Apes" non-fungible tokens (NFTs) from the Sand Vegas Casino Club. This comes after regulators in Texas and Alabama ordered trading to halt as the NFTs were categorized as unregistered securities. ”The Hash” group discusses how securities laws relate to NFTs and crypto regulation on a state level.

Binance Asks to Be Removed From Crypto Romance Scam Lawsuit
The Cayman Islands company argued it is not subject to the "personal jurisdiction" of U.S. federal courts.

Texas, Alabama Securities Regulators Block Sales of ‘Metaverse’ Casino NFTs
“What happens in the Metaverse, does not stay in the Metaverse,” says Texas Securities Commissioner.

City of Austin Approves ‘Fact-Finding Study’ for Tax Payments in Bitcoin, Crypto
The Texas city will investigate the feasibility of adopting “bitcoin or other cryptocurrencies” with a study due in mid-June.

Owner of Bitstream Mining to List on Nasdaq
The small miner has bought 5,000 used Canaan mining rigs and has an agreement to host Bitmain s19 Pros in Texas.

Bitcoin Mining Startup Blockmetrix Raises $43M in Series B Round
The company had previously raised $7 million that went into deploying more than 1,000 mining rigs.

Why Texas Winter Storm Had 'Positive Impact' on Bitcoin Mining Operations
Justin Baillard, CEO of Wyoming-based Bitcoin energy solutions provider JAI Energy, discusses the "very positive" impact of Texas' winter storm on the Bitcoin network, and what it reveals about the state's power grid. "[The storm] does show that miners can provide a base load for the grid," Baillard said. "There's really not a better option to do it with, other than bitcoin mining." Plus, why his firm is accumulating BTC "as much as possible."

Exploring the Impact of Texas Winter Storm on Crypto Mining Operations
A number of crypto miners in Texas are already shutting down some or all of their operations as the region awaits an Arctic blast that is likely to test the state’s power grid this week. CoinDesk’s Tech Managing Editor Christie Harkin discusses what this means amid increased focus on the mining community’s energy consumption.

Texas Crypto Miners Shuttering Operations as Winter Storm Approaches
Riot Blockchain is among the companies on storm watch and looking to help protect the state’s power grid.

Could Texas Be a World Leader in Crypto?
Texas Bitcoin Foundation launched last week to lead original research and educate the public about bitcoin’s social and economic impacts. Executive Director Natalie Smolenski shares insights into the 501(c)(3) nonprofit organization and what it’s found about bitcoin so far. Plus, the state of crypto in Texas.
