Texas State Capitol building as Lt. Gov. Dan Patrick orders study of crypto and prediction market regulations.
Bitcoin News

Texas Crypto Crackdown: Lt. Gov. Dan Patrick Targets Prediction Markets in New Legislative Charges

Texas Lieutenant Governor Dan Patrick has launched a direct examination of cryptocurrency operations and prediction market platforms, framing them as potential threats to the state’s strict gambling prohibitions. In a move announced on March 31, 2026, Patrick issued formal interim charges to Texas Senate committees, mandating a study of “the sudden inundation of prediction market […]

Aerial view of a large semiconductor construction site in rural Texas labeled Terafab.
AI News

SpaceX eyes up to $119 billion ‘Terafab’ chip factory in Texas, filing shows

SpaceX, Elon Musk’s space exploration company that now also houses his artificial intelligence venture xAI, is evaluating plans to build a massive semiconductor manufacturing facility in Grimes County, Texas, according to a proposal filed on the county’s website. The initial investment could reach $55 billion, with total spending over multiple phases potentially hitting $119 billion. […]

Bitcoin mining facility during a severe winter storm, highlighting energy grid strain and production cuts.
Bitcoin News

Bitcoin Mining Giants Slash Output as Brutal Winter Storm Grips US Power Grids

United States, February 2025: A brutal winter storm paralyzed major Bitcoin mining operations across the United States in mid-January, forcing industry giants to dramatically curtail production to prevent regional power grid collapses. This event exposed a critical vulnerability in the world’s largest cryptocurrency network, which now relies heavily on American energy infrastructure and weather patterns. […]