Blockchain-Based Infrastructure Forges the Future for Carbon Markets, Crypto and Commodities
The environment is now a global priority, evidenced by the threat of increasing carbon dioxide emissions reaching 414.72 parts per million, a new record high in 2021, as reported by the National Oceanic and Atmospheric Administration's Climate in the United States. With the impact of these emissions on climate change in mind, many countries have publicized their mission to lower their carbon emissions. For example, the United States has openly communicated its plan for environmental commodity measurement through the Bureau of Economic Analysis.
Crypto Advocacy Group Opposes New York’s 2-Year Ban on Bitcoin Mining
The Chamber of Digital Commerce is unhappy with New York’s recently signed Bitcoin mining law.
Chinese VC Loses $42M in Crypto Due to Compromised Mnemonic Seed Phrase
According to a new<a href="https://twitter.com/boshen1011/status/1595265219898789888" target="_blank"> twitter post</a> on Nov. 23, Bo Shen, general partner of the Vitalik Buterin-advised venture capital fund Fenbushi Capital, claime that $42 million worth of funds were drained from his Trust Wallet on Nov. 10. Shen, who grew up in China but now lives in Atlanta, says that the funds were his personal assets and the exploit does not affect Fenbushi-related entities.
3AC Founder Weighs In on Crypto Climate, Hints at Setting Up New Fund
Su Zhu, the man behind Three Arrows Capital, had been silent on social media following the collapse of his crypto hedge fund earlier this year. That was until the crypto industry was jolted by an even bigger and more catastrophic event, the downfall of Bahamas-based FTX.
Swiss Bank Sygnum Receives In-Principle Approval To Offer Crypto Services in UAE
Sygnum, Switzerland’s digital asset bank, has been granted regulatory approval to expand its operations into the United Arab Emirates (UAE). Local news outlet The National Business <a href="https://www.thenationalnews.com/business/cryptocurrencies/2022/11/23/swiss-digital-asset-bank-sygnum-secures-in-principle-approval-to-operate-in-abu-dhabi/" target="_blank">noted in a report</a> today that Sygnum has obtained in-principle approval from the Abu Dhabi Global Markets’ Financial Services Regulatory Authority (FSRA). The approval will allow Sygnum to cater to the growing demand for cryptocurrencies in the region.
Record Quantities of Bitcoin Leave Exchanges in Readiness for Contagion Fallout
Market jitters from the FTX collapse have triggered record quantities of Bitcoin leaving global exchanges.
Latest Version of Mobile Hedera Wallet Goes Live
The HBAR Foundation has announced the launch of its new Mobile Hedera Wallet version for iOS and Android users. The enhanced version of the mobile application is loaded with NFT utilities and staking facilities.
Cardano Launches Plutus DApp Resource Page for Developers
After Input Output Global (IOG) announced the launch of the world’s first blockchain decentralization index, the builder of the cryptocurrency Cardano (ADA) has informed the public about the new resource section for Plutus DApp developers.
Polygon (MATIC) Takes Support From Its 200 EMA Curve!
MATIC cryptocurrency is a positively biased token of the Polygon network that offers higher scalability. Using the Ethereum blockchain as the core object for expansion, Polygon has enabled a new method for scaling and governance by issuing MATIC tokens.
Bankruptcy Filing Reveals China Was FTX’s Largest Client After Island Tax Havens
A bankruptcy filing by the now-collapsed cryptocurrency exchange FTX revealed the platform’s global customer distribution at the peak of its operations.
