Shamba Network Sows the Future of Sustainable Farming in Africa With Blockchain & Climate Solutions – Crypto Projects to Watch 2023

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 used in carbon marketplaces, meaning software and hardware used to measure and verify data points such as carbon dioxide emission. Along the way, Shamba is promoting regenerative practices that will, by implication, also combat climate change. Eventually Shamba aims to…

Regen Network: Environmental Accountability with Crypto and Blockchain Technology – Projects to Watch 2023

Initially, Regen will “steward” the creation of these protocols, bringing together developers and scientists.” First, they are working on carbon sequestration. The Regen Marketplace, where ecological assets are traded, launched in October, and so far has only included carbon credit projects. More types of protocols are proposed in the white paper, involving grassland health, regenerative agriculture and blue carbon, such that more climate-positive behavior is incentivized. Source link

How Bitcoin Beach Transforms El Salvador’s Economy and Empowers Locals – Crypto Projects to Watch 2023

“I was already a bitcoiner, so I was like, ‘Wow, this sounds amazing!’” Peterson recalled. “I mean, who else would entertain some crazy idea like this? And so we came back to them with a proposal and said, ‘Hey, we’ll inject this into our ongoing programs that we have, and we will try to create this bitcoin circular economy.’” Original

NFTs Will Persist for as Long as Communities Are Willing to Use Them — Lostworlds Co-Founder – Interview Bitcoin News

According to Quaison Carter, the co-founder and CMO of the location-based NFT platform Lostworlds, non-fungible tokens (NFTs) are still not widely used due to what he called “user friction.” Carter, however, insists that the value of NFTs will persist for “as long as there are communities willing to use them.” The Role Played by PFP Communities Concerning the process of onboarding users, the Lostworlds co-founder suggested making this simpler and making sure the user does not spend time trying to understand how they can become NFT holders. When asked about…

South Korean Prosecutors Reveals Do Kwon Sent Funds to Local Law Firm before TerraUSD’s Fall

After Kwon was arrested, the prosecutors indicated that he had paid the law firm before the collapse. As the legal battle between Do Kwon and South Korean prosecutors continues, the prosecutors stated that the CEO of Terraform Labs Do Kwon transferred some money to a law firm before TerraUSD and Luna crumbled. There are reports about the crypto entrepreneur sending 9 billion won ($7 million) to local law firm Kim & Chang just before the demise of the tokens he created. Do Kown is the South Korean CEO and co-founder…

China’s state-affiliated banks onboarding crypto companies in Hong Kong

Hong Kong’s push to become a crypto hub has opened an opportunity for not just crypto companies but many state-affiliated banks in China as well. The Chinese banks have shown interest in building partnerships and onboarding regulated crypto companies in Hong Kong, despite a blanket bank on crypto-related activities in mainland China. The Hong Kong arm of the major Chinese state-owned Bank of Communications is collaborating with several cryptocurrency businesses registered in the city. The bank is in talks to open accounts for regulated companies, according to a report published…

Stock Futures Advance Ahead of Big Week for Bank, Corporate Earnings

Stock futures in the US climbed as investors brace for a crucial week of quarterly earnings from several large companies across sectors. Wall Street stock futures moved higher amid anticipation of more big bank earnings this week. On Sunday, stock futures tied to the S&P 500 climbed 0.16%, or 6.5 points, with the Nasdaq 100 futures increasing by 0.06%. In addition, futures tied to the Dow Jones Industrial Average (DJIA) also advanced 0.13% or 43 points. The banking sector got off to a commendable start, with heavyweights Wells Fargo (NYSE: WFC) and JPMorgan Chase (NYSE: JPM) surpassing expectations.…

Space ID Tokens Wow Investors Weeks After Binance Launchpad Sale

The price action in Space ID, which allows users to exchange, register and manage crypto-based domain names, reinforces Binance Launchpad’s position as a lucrative platform for traders looking to get allocations of tokens in new projects. The subscription period for ID ended in March, becoming the latest Binance Launchpad offering. Source