The Texas State Securities Board is one of the most active regulators in the U.S. in terms of the crypto industry. The authority is known as the first state securities regulator in the U.S. to enter an enforcement action against a crypto-related firm. In July 2020, the TSSB shut down Mirror Trading International, a multi-level crypto scam scheme operating from South Africa. Bitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash rate. Layer1, which raised $50 million in November from Thiel, Shasta Ventures and Digital Currency Group, said it has now brought multiple 2.5-megawatt liquid-cooled mining containers online.... Being the subsequent step within the evolution of human civilization, blockchain know-how nonetheless hasn’t been mass-adopted. The largest impediment here’s a restricted transaction processing capability. Present blockchains like Bitcoin and Ethereum are solely in a position to do about 7-10 transactions per second. This technological limitation has been known as the blockchain ... The Lightning Network (LN), Bitcoin’s most significant off chain scaling protocol is now available to the Bitstamp community. The European cryptocurrency exchange has announced the set up of a Lightning Network node. In the July 8 announcement, the crypto exchange said: “Bitstamp has been supporting the Bitcoin industry since its early days. A cryptocurrency investor has sold his luxury Miami home for 455 Bitcoin making it the most expensive Bitcoin to Bitcoin real estate transaction to date. Miami Mansion sold for Bitcoin Michael Komaransky initially listed his seven-bedroom home in Miami’s wealthy Ponce Davis neighborhood for 6.5 million dollars payable in either cash or Bitcoin in August 2017.
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