Argo plans to establish a 200-megawatt mining facility on the Texas site within 12 months. Argo Blockchain CEO Peter Wall said the deal "not only gives us greater control over our mining operations but also the ability to meaningfully expand our mining capacity on a large scale. We now have access to some of what we believe is the cheapest renewable energy worldwide, in a location where innovation in new technologies is encouraged and incentivized.”
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Police hunting BitConnect promoter over alleged crypto scam
Indian authorities say Divyesh Darji is wanted for a regalcoin scam
BitConnect promoter Divyesh Darji is being sought by police in India after allegedly getting involved in a trio of cryptocurrency scams.
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From Paris to Texas, more calls to ban anonymous cryptocurrencies
A Texas legislator and French minister have called for laws to make privacy-focused digital currencies illegal to trade
A Texas state legislator and a French National Assembly deputy have both called for legal bans on anonymous cryptocurrencies recently.
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Must-reads for August 6, 2018
Here are the crypto stories you should be watching today
Wells Fargo says hundreds of customers lost homes after computer glitch (CNN) One of the nation’s biggest mortgage lenders is under fire yet again. This time, it acknowledged that 625 people were kicked out of their home because Wells Fargo’s computers allegedly had a “glitch” (Ah, yes, the “dog ate my homework” excuse). Not indirectly related to blockchain, but crypto enthusiasts are collectively tut-tutting and saying “See? I told you so. This never would’ve happened with blockchain tech.” Goldman Sachs Is Considering a Custody Offering for Crypto Funds (Bloomberg) Funds looking for a bank to hold their crypto may one day have Goldman Sachs as a custodian, according to…
