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Indian Commerce Giant Flipkart Will Allow Customers to Purchase Items in the Metaverse
18.10.2022
Flipkart, the Walmart-backed Indian e-commerce giant, has launched a pilot to allow its customers to experience making purchases in a metaverse environment. The company announced the launch of its own metaverse, called Flipverse, in which several brands will be able to offer their own shopping...
Europe moves toward regulatory action on crypto’s environmental impact, energy use
18.10.2022
After rejecting a proposal to ban crypto mining, the EU is looking at disclosure and mitigation measures to make crypto assets more sustainable in the coming years
This Halo Infinite Map of Zelda’s Kokiri Forest Is Absurdly Detailed
14.10.2022
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Samsung to Debut Knox Matrix Blockchain-Based Security System for Smart Devices
13.10.2022
Samsung, the consumer electronics giant, has announced the introduction of a blockchain-like security system for its smart devices. Named Knox Matrix, the objective of the system is to increase the security of a multi-device environment, with each smart device monitoring others and sharing access...
Crypto's downturn is about more than the macro environment
11.10.2022
The global economic downturn should not have a long-term negative effect on cryptocurrency prices, even if it is influencing crypto in the short term
Researchers allege Bitcoin's climate impact closer to 'digital crude' than gold
30.9.2022
Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers
Web3 and How It Helps the Environment – Dave Uhryniak of TRON DAO Explains
28.9.2022
TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects. Dave Uhryniak is the Director of Ecosystem Development...
'Green ETH' narrative to drive investment and adoption, says pundits
16.9.2022
Post-Merge Ethereum has now detached itself from the “crypto mining is bad for the environment” narrative, following its transition to proof-of-stake
Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin
16.9.2022
The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting...
Environmental groups want Bitcoin to follow Ethereum’s example in moving to proof-of-stake
15.9.2022
Critics have suggested Bitcoin could not operate as the same decentralized currency without a consensus mechanism like proof-of-work
Central Bank of China Calls for Increasing Use of Digital Yuan
12.9.2022
The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional e-payment platforms will make the digital yuan more convenient for consumers....
White House science office looks at crypto’s effect on climate, despite scarce data
8.9.2022
The White House Office of Science and Technology Policy reaches mixed conclusions about crypto and the climate, against a background of rapid technological change
Nigerian Presidential Candidate Says Fixed Exchange Rate Regime ‘Has to End’ — Touts Success of Fintech Unicorn Flutterwave
6.9.2022
A Nigerian presidential election candidate, Peter Obi, has said the local currency’s exchange rate against the dollar must not be fixed but must be determined “by the forces of demand and supply.” Pointing to the success of the Nigerian fintech Flutterwave, the candidate said...
Bitcoin could become a zero-emission network: Report
30.8.2022
Bitcoin mining with flared gas and animal waste gases could help the world's largest cryptocurrency on a path to becoming a zero-emission money
Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say
25.8.2022
The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers, these factors...
Ghana Central Bank Announces Launch of Regulatory Sandbox
24.8.2022
Ghana’s recently launched regulatory and innovation sandbox is the latest proof of the central bank’s commitment to a regulatory environment that promotes “innovation, financial inclusion and financial stability,” a statement released by the Bank of Ghana has said....
US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption
18.8.2022
Four members of the U.S. House Committee on Energy and Commerce said they were "deeply concerned" that Proof-of-Work mining could increase demand for fossil fuels
President of Central Bank of Brazil Disagrees With ‘Heavy Hand’ Regulations for Cryptocurrencies
15.8.2022
The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necessary, it has to be done in a way that doesn’t stop innovation. He also explained his goal...
Crypto needs ‘enabling environment,’ Philippines central bank says
15.8.2022
The Philippine central bank sees the potential of crypto to improve domestic and cross-border payments, but the authority is still negative to crypto as a legal tender
Carbon credit NFTs are only effective if burned, experts say
11.8.2022
Environmental concerns plague both the crypto industry and the world at large. However, if used right, blockchain-based assets could offer some relief