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” US lawmakers urge EPA to consider the potential benefits of crypto mining “ A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits of crypto mining. In a Thursday letter, many U.S. lawmakers including pro-Bitcoin Senator Cynthia Lummis…
” ‘Buy Bitcoin, plant a tree, lower your time preference’: a Sequoia story “ When the market falls faster than a tree in the forest, the phrases “zoom out,” and “lower your time preference,” take root. “Zoom out” refers to taking a break from the omnipresent price charts that populate news feeds and Twitter threads….
” Bitcoin and banking’s differing energy narratives are a matter of perspective “ The Carbon Bankroll Report was released on May 17 as a collaboration among the Climate Safe Lending Network, The Outdoor Policy Outfit and Bank FWD. The collaboration made it possible to calculate the emissions generated due to a company’s cash and investments,…
” IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments “ An International Monetary Fund (IMF) study on energy consumption revealed the importance of design choices within the crypto ecosystem to build an environmentally friendly mainstream payment system. In the study entitled “Digital Currencies and Energy Consumption,” the IMF examined the energy consumption of crypto assets based on…
“Biden’s inflator in chief Brian Deese is an awful pick” There might be worse choices to lead President Joe Biden’s fight against inflation — Vice President Kamala Harris immediately comes to mind. But the role of Brian Deese in Biden’s new and belated “laser focus” on inflation is more proof that Sleepy Joe either doesn’t…
“Artist Judy Chicago brings the smoke to Toronto Biennial of Art” On Saturday June 4th, Toronto’s Sugar Beach is going up in smoke. As part of Canada’s leading contemporary visual arts event, the Toronto Biennial of Art, acclaimed artist Judy Chicago is presenting her famous “smoke sculptures” north of the border for the first time. …
” US energy company opens crypto mining facility in Middle East to use stranded natural gas “ As the heated up discussion around the ethical aspects of using fossil fuels in crypto mining remains one of the key topics for the industry, an unexpected partnership between a Denver-based mining company and the government of a…
“Deutsche Bank, DWS unit raided over ‘greenwashing’ claims” German prosecutors raided asset manager DWS and the headquarters of its majority owner Deutsche Bank on Tuesday over allegations of misleading investors about “green” investments, the prosecutors said. DWS and Deutsche Bank said the asset manager had cooperated with regulators and authorities in the past and would continue to do so. DWS has repeatedly denied allegations it misled investors. The…
” Brad Garlinghouse says NFTs ‘underhyped,’ sees new use cases | Cointelegraph interview “ Ripple (XRP) has announced a $100 million investment in the carbon trading segment, CEO Brad Garlinghouse told Cointelegraph’s Joseph Hall in an interview on the sidelines of the World Economic Forum (WEF) Annual Meeting, which concluded on Thursday. Garlinghouse noted the…
” WeWork founder reinvents himself with $70M crypto carbon credit platform “ Three years after being ousted as CEO of WeWork, Adam Neumann has jumped on the crypto bandwagon, raising $70 million in the first major funding round for his climate tech venture Flowcarbon. The project aims to make carbon trading more accessible by putting…