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Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030

Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030

Jack Dorsey’s payment company Square Inc. has laid out plans to go carbon neutral bordering on all Bitcoin and operational aspects by 2030.

Ripple is Determined to be Carbon Neutral by 2030

Ripple is Determined to be Carbon Neutral by 2030

Ripple Labs Inc, the blockchain company behind the Ripple (XRP) coin has declared its intentions to eliminate all of its carbon footprint by 2030.

7RCC Spearheads a Carbon-Neutral Bitcoin ETF for ESG-Focused Investing

7RCC Spearheads a Carbon-Neutral Bitcoin ETF for ESG-Focused Investing

7RCC has submitted a spot Bitcoin ETF with a composition of 80% Bitcoin and 20% carbon credit futures, providing a unique, carbon-neutral investment option in the crypto market.

Mercedes Partners with Blockchain Company to Track Carbon Emission in Cobalt Supply Chain

Mercedes Partners with Blockchain Company to Track Carbon Emission in Cobalt Supply Chain

A collaboration between the major car manufacturers, Mercedes Benz and Circular, a Blockchain Startup to carry out a combined program which would be for the purpose of tracing the emissions of carbon in the cobalt supply chain.

Singaporean Company Launches World’s First Blockchain-Enabled Carbon Trading Exchange

Singaporean Company Launches World’s First Blockchain-Enabled Carbon Trading Exchange

AirCarbon Pte, a Singaporean exempt private company, has established the first-ever blockchain-powered carbon trading exchange (CTX) that will permit corporate buyers and airlines to sell and purchase tokens subsidized by carbon offset credits.

Spanish Renewable Energy Firm Partners with Climate Blockchain Initiatives to Boost Carbon Offset Sales on Blockchain

Spanish Renewable Energy Firm Partners with Climate Blockchain Initiatives to Boost Carbon Offset Sales on Blockchain

Acciona, a leading Spanish renewable energy company, has joined hands with Climate Blockchain Initiatives (CBI), a Valencia-based startup, to boost the sale of its carbon offsets using the latter’s blockchain-powered trading platform.

Mercedes Benz To Launch A Blockchain-Based Carbon Emission Tracker

Mercedes Benz To Launch A Blockchain-Based Carbon Emission Tracker

German automobile manufacturing company, Mercedes-Benz reported that they are working on an automobile blockchain gas emission tracker.

WEF: Blockchain Can Drive Sustainable Digital Finance for a Low-Carbon Economy

WEF: Blockchain Can Drive Sustainable Digital Finance for a Low-Carbon Economy

The World Economic Forum (WEF) has highlighted Blockchain as a driver of sustainable digital finance for a low-carbon economy

Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals

Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals

With blockchain, industries like the financial services are finding alternative modes of cash transfers, with a gradual switching to cryptocurrencies. The use cases of blockchain technology are steadily transcending digital asset opportunities, as key EU partners now believe the technology could help meet the Paris Agreement Carbon Goals.

Bitcoin Buying Power Remains Strong as BTC Holds Strong Support Despite Slight Retracement

Bitcoin Buying Power Remains Strong as BTC Holds Strong Support Despite Slight Retracement

BitMEX’s perpetual contract funding rates has returned to a neutral territory after longs were paying shorts significantly.

Volvo Cars Invests in London-based Blockchain Firm to Reduce Carbon Dioxide Footprint

Volvo Cars Invests in London-based Blockchain Firm to Reduce Carbon Dioxide Footprint

Volvo Cars, a leading Swedish car manufacturer, has invested in Circulor, a London-based blockchain company majoring in industrial supply chains. It sealed the deal through its venture capital investment arm called the Volvo Cars Tech Fund.

Swiss Regulator Issues Banking Licenses to Two Blockchain Firms

Swiss Regulator Issues Banking Licenses to Two Blockchain Firms

The Financial Market Supervisory Authority (FINMA) in Switzerland has issued banking and securities dealers’ licenses to two new blockchain companies.

Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash

Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash

According to the Block, hedge funds were inordinately short CME bitcoin futures compared to their peers the past week. So much so that net short positions among the hedge funds trading the product were at an all-time high the past two weeks.

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