Stock market investment veteran and co-founder of $ 70 billion fund Mayo Van Otterloo, Jeremy Grantham, has pledged to spend 98 percent of his net worth – approximately $ 1 billion – on what he sees as a race against the ticking time bomb of humanity’s fragile deal with the environment. Bloomberg reports that through his foundation, Grantham and
Cameron and Tyler Winklevoss, early bitcoin investors and founders of the Gemini crypto exchange, don’t seem to be deterred by the current market slump. In fact, speaking to Bloomberg recently, Tyler Winklevoss said, “We’re totally at home in winter.” The twins confirmed they are pushing ahead with their firm’s plans, including a new mobile application,
The post Crypto Winter? Winklevoss Twins Say They’re ‘Totally at Home’ in this Market Climate appeared first on CCN
Steam, the digital distribution platform developed by Valve Corporation for purchasing and playing video games, is set to officially launch in China through a partnership with Perfect World, a developer and publisher of MMORPGs. Valve, in collaboration with Perfect World, officially signed today an agreement with Shanghai’s government to launch Steam China pic.twitter.com/KvwtMyaEDd — Nors3 (@Nors3) […]
The majority of bitcoin miners — about 78 percent — use renewable energy to power their mining operations, while preventing surplus electricity from going to waste in countries such as China, a new study by Coinshares has revealed. The U.K.-based digital asset management company argues that “bitcoin mining may in fact be acting as an electricity buyer of last resort,” contrary to the mainstream media construct of it being an environmental menace.
‘Buyer of Last Resort’
Earlier this month, the SEC charged Zachary Coburn, the founder of decentralized exchange (DEX) EtherDelta, with operating an unregistered exchange. According to the Commission, more than 3.6 million orders for ERC-20 tokens have been executed on EtherDelta, including tokens that are securities under the federal securities laws. Based on this language, the SEC is now pinning EtherDelta to […]
Crypto investor Mike Novogratz has expressed dissatisfaction with the level of difficulty involved in trying to build a cryptocurrency business amidst a persistent bear market, even as he remains bullish on the prospects of his company and the wider crypto space in the long term. Speaking to the Financial Times, the former Goldman Sachs partner and
The post Novogratz: Trying to Start a Bitcoin Business in This Market Climate ‘Sucks’ appeared first on CCN
Bitcoin Core developer Peter Todd joined the backlash against a “fake news” report about Bitcoin’s impact on global warming October 29. This occurred after multiple appearances in mainstream media publications.
Nature‘s ‘Naive Assumptions’
Originally published by Nature, the brief report claims that Bitcoin (BTC) 00 mining could help increase temperatures by over 2 degrees Celsius within just “11 years” depending on Bitcoin’s rate of adoption.
“Bitcoin is a power-hungry cryptocurrency that is increasingly used as an investment and payment system,” an excerpt of the paper reads.
In a message on GEAR Token’s website, iconic political talk show host Larry King says that global climate change is threatening humanity’s existence and is “a potentially catastrophic issue from the combustion of fossil fuels … putting immense pressure on the environment and on our health.”
King says that “this is simply not sustainable” and “the pace of innovations and investment in green energy and renewables is not enough to help counteract the use of dirty fuels.”
A newly released study asserts a large amount of electricity is eaten up as Bitcoin00 is exchanged and mined. The author suggests these consumption habits could be churning out enough carbon emissions to affect global climate change.
The relationship between Bitcoin00 and energy has always been somewhat complicated.
Many people have come to odds with miners who set up operations in smaller towns and communities and promise big opportunities, but instead throw power grids into disarray by consuming large amounts of electricity.
The Liverpool City Council is looking to become the world’s first climate positive city by the end of 2020 after agreeing to a partnership with an eco-digital company to integrate its blockchain-powered platform into daily operations.
The city of Liverpool has been working steadily to become more environmentally conscious. From 2012-2016, the city saw a 550 percent increase in renewable energy installations and produced 558,000 fewer tonnes of CO2. Additionally, Liverpool stated in February that it would be replacing more than 15,000 street lights with LED bulbs to save energy.
We’re all aware of the versatility and usability of blockchain technology, and not just in the virtual currency industry. It can be used in nearly any industry relying on recording transactions and data, including the UN.
The UN will soon be taking advantage of the power of blockchain in the fight against climate change. According to the EconoTimes, the group’s Climate Change secretariat has launched the Climate Chain Coalition (CCC), whose main aim will be to research how the technology can help in the fight against this global problem.