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Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy
8.9.2024
According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co. (TEPCO) has taken an innovative step into the world of bitcoin mining. Agile Energy X, the subsidiary in question, has cleverly placed its bitcoin mining units right...
US Court Imposes $209 Million Penalty in Crypto Ponzi Scheme
5.9.2024
The U.S. District Court for the Northern District of Illinois has ordered an Oregon resident and his entities to pay over $209 million in penalties for running Ponzi schemes disguised as crypto and carbon investment programs. This includes restitution, disgorgement of illegal profits, and a civil...
IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact
17.8.2024
International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing a targeted electricity tax, the authors estimate...
IMF execs float raising crypto mining electricity prices by 85%
16.8.2024
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives
The Best Way To Get Carbon Fiber In Palworld
22.7.2024
Palworld can feel a little overwhelming. You’re thrust into an expansive world full of unique creatures, humans with rifles, and countless resources to source, harvest, and manage. And that’s on top of the survival mechanics! It’s a lot.Read more
Big Tech produced more carbon since 2019 than all Bitcoin mining ever
3.7.2024
U.S. tech firms made huge commitments to “net zero” carbon emissions, but that was before ChatGPT hit the scene
Australian Bank Halts Development of ETH-Based Stablecoin
20.6.2024
The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups are better positioned to innovate or adapt than...
Major Chinese Bank Offer Digital Yuan Users Carbon Credit Rewards
28.5.2024
A major Chinese Bank, Industrial Bank, will reward digital yuan-using customers with carbon points as it targets CBDC adoption.
The post Major Chinese Bank Offer Digital Yuan Users Carbon Credit Rewards appeared first on Cryptonews
KlimaDAO Japan to launch carbon credit marketplace with Progmat
21.5.2024
KlimaDAO and the Japanese stablecoin issuer may eventually trade carbon credits internationally
Mastercard, Standard Chartered test tokenized deposit transaction
15.5.2024
Mastercard’s Multi-Token Network enabled an atomic swap of a tokenized carbon credit for cash in a bank account
PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon Energy
23.4.2024
On April 22, PayPal announced a new initiative to support Bitcoin mining that uses less energy. The multinational payment company intends to use Bitcoin to compensate cryptocurrency miners that use renewable energy.
The post PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon...
Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper
23.4.2024
Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon energy sources by offering financial incentives. Paypal...
Pennsylvania State, Crypto Miner Sued for Polluting Environment
27.3.2024
Pennsylvania environmental NGO – Save Carbon County – filed a lawsuit in a state court, accusing Stronghold Digital Mining for environmental contamination through Bitcoin mining.
The post Pennsylvania State, Crypto Miner Sued for Polluting Environment appeared first on Cryptonews
Floki joins Carbon Browser to reach over 7 million DeFi users
21.3.2024
A partnership between Floki and Carbon Browser has increased the company’s Web3 visibility, in addition to its overall usability and other significant factors. These consist of increased liquidity and availability, which attract more users. It is worth noting that the increase in visibility...
NYSE Signals US SEC to List Crypto Firm 7RCC’s Eco-Conscious Spot Bitcoin ETFs
14.3.2024
7RCC's spot Bitcoin ETF comprises of 80% of Bitcoin and the remaining 20% holding carbon credits futures.
The post NYSE Signals US SEC to List Crypto Firm 7RCC’s Eco-Conscious Spot Bitcoin ETFs appeared first on Cryptonews
Nigerian Microfinance Bank Carbon Acquires Fintech Startup Vella Finance
18.2.2024
Vella Finance, a Nigerian fintech startup, was recently bought by the microfinance bank Carbon. The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses. New Business to Leverage Artificial Intelligence The Nigerian microfinance bank...
Beijing Targets Cryptocurrency Mining Operations in New Energy Conservation Plan
7.2.2024
Beijing is prepared to apply a new policy to strengthen the actions to foster energy conservation in several aspects of the city’s operations, promoting carbon and pollution reduction. The plan proposes to increase the oversight level on Bitcoin mining activities, thwarting its remnants....
German Regulator BaFin Approves Crypto Carbon Credits Exchange Developed by Neutral and DLT Finance
6.2.2024
In collaboration with DLT Finance, Neutral, a German brokerage firm, has unveiled a blockchain-backed exchange for carbon credits. These financial instruments represent forests and renewable energy products, enabling businesses to offset their carbon footprint. While other initiatives have ventured...
A Crypto Carbon Credits Exchange Is Created in Germany
6.2.2024
Neutral and DLT Finance are betting on regulation as the pathway to institutional investor adoption
Crypto Carbon Credits Exchange Secures Approval From Germany’s BaFin
6.2.2024
Neutral and DLT Finance are betting on regulation as the pathway to institutional investor adoption