Coral, a climate tech startup leveraging blockchain and AI, has secured $ 3 million in pre-seed funding to expand its operations and enhance its carbon emissions management platform. The funding will enable Coral to open a new office in Abu Dhabi, hire more experts, and improve its AI-powered platform. ‘Full Lifecycle’ Traceability of Carbon …
Blockchain firm Verofax has teamed up with climate tech startup Netgreen to enhance global reforestation efforts. The partnership aims to create a transparent and efficient way for individuals to support tree-planting initiatives. This collaboration will also help track and measure carbon capture, preventing double counting and ensuring compliance with environmental standards. Linking People to Verified […]
Greenpeace, an environmental defense organization, has criticized the recent approval of several spot bitcoin exchange-traded fund (ETF) products, stating that it constituted a “watershed moment” in the embrace of the financial services industry on Bitcoin-produced pollution. The organization believes that the endorsement of Blackrock, Fidelity, and other financial companies of a Bitcoin ETF should take […]
A recent study led by investigators from Cornell University has outlined how Bitcoin can help finance renewable energy installations by using surplus power even while these facilities are not yet integrated into the U.S. power grid. Texas is said to be one of the states with the most potential. Cornell Study Outlines How Bitcoin Can […]
Environmental advocates are redoubling their efforts to persuade New York officials to decline an air permit renewal for a cryptocurrency mining facility in North Tonawanda. They assert that the operation imperils residents’ quality of life and undermines the state’s climate objectives, as per a report by Mark Scheer for the Niagara Gazette. Battle Brews Over […]