Cryptocurrency Analysis and News Portal
In the face of economic turbulence, Latin American countries are increasingly turning to cryptocurrency as a perceived lifeline. South American nations are leading the charge in crypto adoption per capita, leaving behind many larger developed economies like the U.S. and the European Union (EU). Regulatory responses to crypto adoption in the region
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Zilliqa, a layer-1 blockchain, and GMEX Group have launched ZERO13, a carbon offset platform for users to act against climate change and engage with corporate environmental initiatives. ZERO13 will leverage Zilliqa to issue tokens that represent carbon credits. When customers buy goods or services from Zilliqa’s partners, they’ll get tokens to support environmental
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According to a press release published on Feb. 8, blockchain carbon credit transaction network Carbonplace has secured $45 million in an investment round from its nine founder banks with a combined $9 trillion in assets under management. The banks are BBVA, BNP Paribas, CIBC, Itaú Unibanco, National Australia Bank, NatWest,
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2022 was tough for the crypto market. A recent report published by security services platform Immunefi found that the crypto industry lost a total of $3.9 billion in 2022. Detrimental losses such as these are often concerning for crypto investors, yet there may be a silver lining behind decreasing assets for
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On Friday, the Latin American cryptocurrency platform Bitso announced that the company plans to offset carbon emissions from its bitcoin and ERC20 token transactions carried out on the platform. Bitso is partnering with the carbon offset platform Moss.Earth in order to curb the crypto company’s environmental impact. Bitso to Offset Crypto
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Carbon offset protocol KlimaDAO has now accrued over 14 million on-chain carbon offsets and is causing waves in the more traditional carbon offset industry.The aim of KlimaDAO is to acquire as many carbon offsets as it can in order to drive up their value and make offset-generating activities more profitable.The
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Billion-dollar companies across the globe are betting big on Bitcoin (BTC). Recent analysis from European investment manager Nickel Digital Asset Management found that 20 publically listed companies with a market capitalization of over $1 trillion have about $9.6 billion invested in BTC. Individual investors are also taking an increasing interest
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SkyBridge is committed to make Bitcoin mining a green industry through renewable energy.SkyBridge Capital, a global alternative investment firm that specializes in hedge fund products, has announced a strategic partnership with MOSS Earth, a climate technology company focused on environmental services especially global operations. According to the partnership details, SkyBridge
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One of the world’s largest ridesharing companies, Cabify, is moving to offset its carbon emissions with the help of blockchain technology.Announced last week, the Latin American ridesharing business has tapped Valencia, Spain-based blockchain fintech firm ClimateTrade to digitize and track its carbon emissions.ClimateTrade’s chief marketing officer, Ana Karen, told CryptoX
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Publicly traded mining company Hive Blockchain (HVBTF) reported a Q2 profit even as the firm continued its “big spend” on upgrading its mining facilities. Hive took in $13 million in quarterly mining revenue, according to its Q2 earnings report Tuesday, 8% up from the year-ago period’s $12 million.The company posted a
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