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Nasdaq-listed mining company Bitdeer Technologies Group and Bhutan’s sovereign investment arm Druk Holding and Investments (DHI) have teamed up to create eco-friendly and carbon-free digital asset mining operations in the Kingdom of Bhutan. In an announcement sent to Cryptox, Bitdeer and DHI said they would launch the partnership by creating a
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Ensuring that this gas would otherwise be flared, adding onto greenhouse gases, is key to the methodology. SBP wants to "ensure that using this waste gas is not perpetuating the problem," whilst "recognizing that oil and gas will be used for many years to come," said Brad van Voorhees, co-founder
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Based out of Nairobi, Kenya, Shamba Network uses blockchain, remote sensing technology and statistical sampling to solve specific problems the region and its people face. The explicit goal is to lower the costs of climate insurance by improving the tools for monitoring, reporting and verification (MRV). That’s a term often
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The Celo Foundation has partnered with Google Cloud to support mission-aligned projects in Celo’s blockchain ecosystem and advance the early adoption of Google Cloud services. The collaboration is set to allow founders building on Celo to access credits for Google Cloud and Firebase usage, thereby enhancing Celo’s mobile-first infrastructure and
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Two banks from Sweden and France announced the launch of a new digital bond platform built on blockchain technology. The platform will enable institutional clients to issue, trade, and settle bonds digitally, providing a more efficient and secure process compared to traditional methods.The platform, a joint project of Skandinaviska Enskilda
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In the last bear market, the decentralized finance (DeFi) market encountered challenges sustaining its growth as investors shifted towards conventional financial avenues. The total value locked (TVL) fell by approximately 62% from its peak in 2021. If critical changes are not implemented, analysts predict a grim outlook. Accordingly, to regain
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The SBC was sold "with a discount to the market price because this was the first transaction of its kind. Based on today’s bitcoin energy consumption levels, we estimate that SBC would sell now for approximately $1,150, which is roughly a 5% revenue add to a miner’s bottom line," if
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In January, ApeCoin (APE) had an underwhelming performance compared to metaverse-based tokens like Decentraland (MANA) and The Sandbox (SAND). APE token gained 61% compared to the 90% and 150% respective gains seen in SAND and MANA. The subdued gains can be attributed to the hefty APE staking rewards that is
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Clearly, this technology is nascent, and nobody is saying that blockchain on its own is a panacea for dealing with climate change. Nonetheless, more industries must consider what this technology can offer. Perhaps the most important initial component is accountability for companies claiming to be engaging in sustainable practices. That
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Bitcoin is now back above the $20k mark after observing some sharp uptrend over the past day, but is this pump sustainable?
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