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CRYPTOCURRENCY

British Columbia Court Upholds Government's Temporary Ban on Cryptocurrency Mining Electricity Supply
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British Columbia Court Upholds Government's Temporary Ban on Cryptocurrency Mining Electricity Supply

British Columbia's Supreme Court upheld a temporary suspension of electricity supply to new cryptocurrency mining operations, emphasizing the government's role in balancing energy demands with sustainability goals.

Virginia Tech Study Reveals Geographic Biases in ChatGPT's Environmental Justice Information
cryptocurrency

Virginia Tech Study Reveals Geographic Biases in ChatGPT's Environmental Justice Information

Virginia Tech study reveals ChatGPT's limitations in providing local-specific info on environmental justice, highlighting geographic biases.

Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition
cryptocurrency

Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition

Hive Digital Technologies acquires a data center in Boden, Sweden, enhancing its Bitcoin production and affirming its commitment to green energy and AI.

Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy
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Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy

Marathon Digital Holdings and Nodal Power are launching a 280 kW Bitcoin mining pilot project in Utah, converting harmful methane emissions into electricity for sustainable mining.

CFTC Whistleblower Program Gains Traction with $16 Million Awarded in 2023
cryptocurrency

CFTC Whistleblower Program Gains Traction with $16 Million Awarded in 2023

The CFTC's Whistleblower Program in 2023 awarded $16 million to whistleblowers, contributing to over $3 billion in enforcement sanctions. Recognizing their role in combating financial fraud, the program now focuses on environmental fraud through a task force.

UN Research Unveils Bitcoin's Environmental Toll Beyond Carbon Emissions
cryptocurrency

UN Research Unveils Bitcoin's Environmental Toll Beyond Carbon Emissions

A UN study reveals Bitcoin mining's significant environmental impact, including carbon emissions, water and land damage, and heavy reliance on fossil fuels. It calls for urgent regulatory and technological interventions to promote a sustainable digital currency ecosystem.

SEC Chair Gensler Faces Congressional Pressure Over EU Coordination and Lack of Transparency
cryptocurrency

SEC Chair Gensler Faces Congressional Pressure Over EU Coordination and Lack of Transparency

The House Committee on Oversight and Accountability has intensified scrutiny on SEC Chair Gary Gensler over the SEC's coordination with the EU on legislative matters and a perceived lack of transparency. The discord, highlighted in a letter dated October 12, 2023, follows a pattern of communication deadlock between the SEC and Congress, with implications on broader legislative and regulatory frameworks. The Committee expects more forthright engagement from the SEC by October 19, 2023, threatening compulsory processes for compliance.

Can Cryptocurrencies Help Solve the Global Environmental Crisis?
cryptocurrency

Can Cryptocurrencies Help Solve the Global Environmental Crisis?

Cryptocurrencies have come a long way since the inception of Bitcoin in 2009. From being viewed as a mere experiment, they have become a mainstream asset class with a market capitalization of over $2 trillion. However, as the popularity of cryptocurrencies continues to grow, so does the scrutiny surrounding their environmental impact.

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds
cryptocurrency

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

A new strategy for Web 4.0 and virtual worlds has been unveiled by the European Commission in an effort to steer the next technological revolution and guarantee a safe, open, and welcoming online environment for individuals, organizations, and government agencies across the EU.

SEB and Credit Agricole launch digital bond platform on blockchain
cryptocurrency

SEB and Credit Agricole launch digital bond platform on blockchain

Skandinaviska Enskilda Banken (SEB) and Credit Agricole have launched a blockchain-based platform called "so|bond," which allows institutional clients to issue, trade and settle bonds digitally. The platform uses a validation protocol called "Proof of Climate awaReness," which minimizes its environmental footprint while incentivizing nodes to improve their environmental impact.

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