Month: April 2022

Wildlife conservation efforts turn to NFT-funded initiatives

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Digital twin nonfungible tokens, or NFTs, aren’t just reserved for consumer products anymore. Netherlands-based decentralized carbon credit exchange Coorest and conservation consulting firm PLCnetwork of the Southern Hemisphere teamed up to tokenize individual real-world endangered animals at game reserves and privately owned conservation areas in Africa. These wildlife NFTs enable holders to sponsor an elephant, lion, cheetah or rhino. Profits from the sales will go toward food, shelter and security for the animals they represent. Cointelegraph spoke to William ten Zijthoff, founder and chief executive officer of Coorest, to learn more…

These ‘Utility NFTs’ Look to Gamify Rainforest Protection

“We saw that NFTs could be anything, and became curious as to whether they could be more than one thing,” said Lucia Gallardo, CEO of Emerge, the project behind AEternals NFTs. “As well as being artful and collectible, could NFTs have utility? Can you gamify them and make them more interactive,” she said in an interview with CoinDesk. Source

Bitcoin Rise Loses Steam After Fed Comments

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●Bitcoin (BTC): $41235, +0.23% ●Ether (ETH): $3027, −1.27% ●S&P 500 daily close: $4394, −1.47% ●Gold: $1954 per troy ounce, +0.06% ●Ten-year Treasury yield daily close: 2.92% Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Original

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Bitcoin Holds Steady As US Extends Sanctions Against Russia To Cryptocurrency Mining

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Sanctions are being imposed on cryptocurrency mining companies for the first time in history. The US Treasury Department announced that it is taking action against virtual currency mining companies across Russia. This information came out when IMF issued a statement saying, “the Kremlin may employ these activities to avoid compliance with international economic punishment.” In the wake of recent sanctions, cryptocurrencies have been barely affected. Bitcoin consolidated its gains while ‘altcoins’ also performed in green. Related Reading | Crypto Quick Look: BTC Touches $42,000, ETH Notches10-Day Peak For example, Bitcoin…

US lawmakers sound alarm to EPA over environment concerns of crypto mining

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United States House of Representatives member Jared Huffman and 12 other lawmakers have requested the Environmental Protection Agency, or EPA, assess crypto mining firms potentially violating environmental statutes. In a letter addressed to EPA administrator Michael Regan on Wednesday, Huffman said he and other Democratic House members had “serious concerns” around crypto firms in the United States reportedly contributing to greenhouse gas emissions and not operating in accordance with either the Clean Air Act or the Clean Water Act. The lawmakers identified efforts to “re-open closed gas and coal facilities”…