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Just before the 26th United Nations (UN) Climate Change Conference (COP-26), the UK government polled 3,071 adults from Britain to ask them their opinions on cryptocurrencies and the crypto industry’s effects on climate change. According to the survey, 45% of Britons would support banning crypto assets for environmental reasons and 18% would oppose a ban. … Read more
Mercado Bitcoin and Comerc plan to launch two separate tokens incentivizing renewable energy use. Go to Source Powered by WPeMatico
The topics of digital assets, nonfungible tokens, and the metaverse were on full display — even in panels unrelated to the crypto industry. Go to Source Powered by WPeMatico
The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar North Tonawanda Facility.” The letter also calls for the New York government to assess … Read more
With increased concern about the carbon footprint that the crypto industry creates, alternative enterprise solutions emerge that can help cut down on the energy costs involved. Go to Source Powered by WPeMatico
According to the findings of one study, nearly 91% of deaths from natural disasters recorded between 1970 and 2019 occurred in developing countries. This study adds that such a high number of deaths is largely due to a lack of early warning systems and disaster management protocols. Using Blockchain to Store Climate Data It has … Read more
Colossal is aiming to combat climate change by resurrecting extinct species in their natural habitats, with the firm’s landmark de-extinction project focused on woolly mammoths. Go to Source Powered by WPeMatico
The United Nations has previously said it was exploring the uses of blockchain technology in the fight against climate change and to help reach a more sustainable global economy. Go to Source Powered by WPeMatico
Following the recent developments in China and the environmental concerns about bitcoin’s energy consumption, the Bank of Japan Governor Haruhiko Kuroda criticized the leading crypto asset bitcoin in an interview on Thursday. BOJ’s Kuroda Says Bitcoin ‘Volatility Is Extraordinarily High’ Bitcoin prices have slumped again on Friday after a tumultuous week. After tapping a daily … Read more
U.S. bureaucrats, particularly Democrats, are concerned about climate change and have introduced lots of legislation in order to address these concerns. Now a lawmaker from New York wants to establish a moratorium for bitcoin mining facilities located in the state, which means cryptocurrency miners in New York would have to halt operations. Senator Kevin Parker … Read more
