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WEF Launches Crypto Sustainability Coalition to Leverage Web3 Technologies in Climate Change Battle – Blockchain Bitcoin News

The World Economic Forum (WEF) has launched the Crypto Sustainability Coalition, an initiative dedicated to assessing the role of Web3 technologies in the fight against climate change. The organization, which is composed of 30 companies, educative groups, and other institutions, will research the impact of the energy consumption of these

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Environmental Groups to Spend Another $1M on Ads for Bitcoin Code Change After the Merge

Earlier on Thursday, the Ethereum blockchain – which underpins the world's second largest cryptocurrency – changed its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS), doing away with the need for energy-intensive computing power. Bitcoin, a PoW network, has been facing mounting criticism over its energy use, which is on

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Brazilian SEC seeks to change its role in cryptocurrency regulation

The Brazilian Securities and Exchange Commission is reportedly pursuing changes in the country's legal framework with regard to its regulation of cryptocurrencies. According to local media, one major concern is that the bill in question does not appear to consider tokens as digital assets or securities — and they therefore wouldn't

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ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid Inflation – Economics Bitcoin News

According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During her interview with Madame Figaro, Lagarde stressed that people need to take into account that “climate disasters” affect price stability a

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