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What Are Investment DAOs and How Do They Work?
In the late 19th century, the first investment clubs were founded in Texas, where small communities gathered to discuss and make joint investments. Over 100 years later, this collective investment model has evolved, now finding a new home on the blockchain.Samsung Aims to Overtake TSMC in the Chip Game
South Korean tech behemoth Samsung Electronics is setting its sights on surpassing Taiwanese chip titan TSMC and becoming the first to manufacture chips using 2-nanometer technology in the US. In pursuit of this goal, Samsung is channeling approximately $40 billion into research and the modernization of its Texas facility, projecting to outpace its rival by two years.Texas Crypto Investor Charged for Concealing $4 Million Income
A federal grand jury has confirmed charges against Frank Richard Ahlgren III, a resident of Texas, for filing false tax returns and engaging in deposit manipulation to avoid tax payments. The unreported income is estimated at around $4 million.Compass Mining to sell mining equipment to steer clear of sanctions
The American Texas-based company is set to sell mining equipment worth $30m in Siberia, Russia. As the sanctions imposed by the US and the rest of the world against Russia pile up, cryptocurrency companies seek ways to exit the sanctioned state.ConsenSys Loses Legal Battle Against SEC
A federal judge in Texas dismissed ConsenSys' lawsuit against the U.S. Securities and Exchange Commission (SEC) and its chairman, Gary Gensler. The company sought to legally establish that Ethereum is not a security and to prevent the SEC from interfering with the operation of the MetaMask crypto wallet.Investigation into AI Biden Calls Continues
New Hampshire Attorney General John Formella confirmed that Texas-based companies Life Corporation and Lingo Telecom were involved in fake Biden calls to state voters, urging them to skip the Republican primary election. However, he has refrained from pressing formal charges against them.Scammers Exploit Fame of Musk, CZ and Buterin in Texas Fraud Case
Amid the hype surrounding AI projects, there has been a surge in activity from crypto scammers promoting AI-related coins. The Texas State Securities Board, with the support of several other regulators, is cracking down on one such scheme.1 - 17 of 17 results