AgriFORCE Growing Systems (AGRI) has acquired a 5 trillion-watt bitcoin mining facility in Ohio for $4.50 million. The facility is powered by natural gas, houses more than 900 mining units, and reduces environmental impact through waste heat reuse and carbon capture technology.
The Democratic leader of the U.S. House Financial Services Committee, California Rep. Maxine Waters, echoed the concerns of many cryptocurrency users and lawmakers who have accused Trump of harming legitimate projects in the cryptocurrency industry with the launch of Meme. Waters said in a statement on Jan. 20 that Official Trump (TRUMP) represents "the worst of Crypto" and...
Phillip Chen, a Republican member of the California House of Representatives, will draft a bill to support bitcoin, and Phillip Chen's office has appointed Proof of Workforce to oversee various bitcoin-related initiatives and assist in drafting formal bills for the upcoming legislative session. It is reported that Workforce Proof is a non-profit organization based in Santa Monica, California, that aims to assist workers, unions, pensions, and municipalities with education-based bitcoin adoption.
A California court has ordered five individuals involved in IcomTech's "Ponzi scheme" to pay more than $5 million for fraud and embezzlement of stolen funds through a fake bitcoin trading scheme. The U.S. Commodity Futures Trading Commission (CFTC) said in a statement on Dec. 11 that the default judgment order found David Carmona, Juan Arellano Parra, Moses Valdez, and David Brend liable for all violations of the Commodity Exchange Act and the Commodity Futures Trading Commission (CFTC) as alleg...
National Weather Service: After the earthquake, the expected start time of the tsunami in San Francisco, California is 3:10 PM EST (4:10 AM Beijing time today).
US Tsunami Warning System: Tsunami warning cancelled after earthquake in northern California.
USGS: A magnitude 6 earthquake struck the Scotia area of California.
The National Tsunami Center has issued a tsunami warning following a 7.5-magnitude earthquake in California.
On December 4 local time, Republican Congressman John Duarte of California's 13th District conceded defeat in the election for the last seat in the House of Representatives. The U.S. House of Representatives election is now completely over, with Republicans finally gaining 220 seats in the House of Representatives and Democrats gaining 215 seats. (CCTV News)
On November 19th, the US Federal Court for the Northern District of California ruled that Lido DAO can be considered a general partnership incorporated under state law. The court rejected Lido's claim that it was not a legal entity, classifying it as a general partnership, setting a precedent for the way profit-driven decentralized autonomous organizations (DAOs) are handled. The court also ruled that Lido DAO's identifiable participants are managing the DAO's operations and therefore cannot go ...
8:00-12:00 Keywords: California, Strategic Reserve, McDonald's, Bitcoin 1. A California judge denied Kraken's request for provisional appeal. 2.CZ: Countries will race to include bitcoin in their strategic reserves; 3. McDonald's updated the background of the official push homepage to the Doodles theme; 4. Trump urges senators to confirm Matt Gaetz as attorney general. 5. Wall Street giants are buying a large amount of MicroStrategy stock. The difficulty of bitcoin mining was raised by 0.63% to ...
A California judge rejected Kraken's motion for provisional appeal, saying in Monday's ruling that allowing the appeal would only "delay resolution" of the Securities Exchange Commission's (SEC) ongoing case against the cryptocurrency exchange. Last November, the Securities Exchange Commission sued Kraken, accusing it of operating as an unregistered stock exchange, broker, dealer, and clearing house, and seeking forfeiture of ill-gotten gains, civil penalties, and a permanent injunction against ...
The California Department of Financial Protection and Innovation (DFPI) has announced the permanent revocation of the lending license of bankrupt cryptocurrency lending platform BlockFi. The decision comes two years after BlockFi filed for bankruptcy. The DFPI suspended BlockFi's license in November 2022 and has since conducted a comprehensive review of the company. BlockFi has agreed to accept license revocation and promised to stop illegal and unsafe business practices. The DFPI originally fin...
The Securities Exchange Commission (SEC) has filed a motion in the Northern District of California court seeking to dismiss Kraken's key defense in the ongoing legal dispute between the two parties. According to the motion filed on Tuesday, the regulator argued that Kraken had received prior fair notice when it alleged that it violated securities laws by offering cryptoassets as "investment contracts." The timing of the SEC's filing of the motion on Election Day drew criticism from Kraken's lega...