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Crypto Carbon Credits: Slapping Lipstick on a Pig
18.7.2022
ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban
14.7.2022
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoin’s carbon footprint...
First Mover Asia: Speculating on Tokenized Carbon Offsets Won't Help Climate Crisis, Says Consultant; BTC Falls Under $19K Amid Wider Crypto Woes
1.7.2022
ANZ's stablecoin used to buy tokenized carbon credits
27.6.2022
The latest A$DC transaction saw ANZ’s institutional partner Victor Smorgon use A$DC to purchase Australian Carbon Credit Units from blockchain-based carbon trading platform BetaCarbon
IOTA Foundation joins Dell to develop real-time carbon footprint tracking
7.6.2022
The IOTA Foundation joined Dell along with ClimateCHECK and BioE to fight climate change using real-time carbon footprint data
New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature
3.6.2022
The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York...
New York State To Ban Carbon-Powered Bitcoin, Altcoin Mining, While Kenya Fosters Green BTC
3.6.2022
As regulators across the world work to adopt varying stances on crypto mining, the US state of New York and the East African country of Kenya offer two examples of how legislators can thwart or foster crypto innovation through their initiatives....
Read More: New York State To Ban Carbon-Powered...
One River’s Carbon Neutral Bitcoin ETF Rejected by SEC
27.5.2022
One River’s initial application faced a delay in March
First Mover Asia: Crypto Carbon Trading Is Racing to Clean Up Its Act; Cryptos Drop Even as Stocks Rise
27.5.2022
Carbon-based protocols have had a difficult time in recent months but have been working to improve the way they operate; bitcoin outperformed other major cryptocurrencies in Thursday trading
ESG Study Shows Bitcoin Mining’s Potential to Eliminate 0.15% of Global Warming by 2045, Claims No Other Technology Can Do Better
26.5.2022
In recent times, the impact of bitcoin mining on the environment has been a topical discussion as climate change activists believe proof-of-work (PoW) mining is too energy-intensive. However, a recent report written by the ESG analyst Daniel Batten explains that bitcoin mining could eliminate...
Wework Co-Founder Adam Neumann’s Crypto Project Secures $70M, Funding Round Led by A16z
25.5.2022
The co-founder of the company Wework, Adam Neumann, is behind a new crypto project called Flowcarbon and on Tuesday, the blockchain project revealed it raised $70 million from a handful of investors and was led by Andreessen Horowitz (A16z). Flowcarbon’s chief executive Dana Gibber says...
WeWork founder reinvents himself with $70M crypto carbon credit platform
25.5.2022
Coworking space founder and billionaire Adam Neumann is trying his hand in the crypto space, raising $70 million for his blockchain-powered climate tech platform Flowcarbon
Could GameFi and carbon currencies reverse blockchain's climate stigma?
25.5.2022
Toucan Protocol’s Rob Schmitt believes blockchain gaming could have a much better environmental reputation if games integrated carbon offsets
WEF 2022: Trust and clarity are missing in discussions of carbon emissions and crypto
24.5.2022
Panelists at the World Economic Forum session on crypto’s carbon footprint seem to be seeing FUD galore surrounding the environmental consequences of crypto mining
Climate Company Flowcarbon Raises $70M Through A16z-Led Round, Sale of Carbon-Backed Token
24.5.2022
Flowcarbon, a technology company aimed at bringing carbon credits to the blockchain, raised $70 million through a fundraising round and the sale of its Goddess Nature Token (GNT)
Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers
10.5.2022
Bitcoin mining companies must prove carbon neutrality as new regulations come to play, but are carbon offsets enough?
US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts
24.4.2022
Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental...
Green finance needs voluntary carbon markets that work
23.4.2022
Carbon markets turn CO2 emissions into a commodity or tradable asset by giving it a price. Blockchain and smart contracts will improve those markets
Bitso to Offset Carbon Emissions From the Trading Platform’s BTC, ETH, ERC20 Transactions
22.4.2022
On Friday, the Latin American cryptocurrency platform Bitso announced that the company plans to offset carbon emissions from its bitcoin and ERC20 token transactions carried out on the platform. Bitso is partnering with the carbon offset platform Moss.Earth in order to curb the crypto...
Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million
22.4.2022
On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round was led by the climate technology venture capital firm G2 Venture...