Carl Icahn exited a big bet on Occidental Petroleum Corp. , selling the last of what was once a roughly 10% stake in the oil-and-gas producer as its shares surge. Mr. Icahn, who had been cutting the p...
Tag: Environmental
Permit For A Crypto Mining Plant In New York Has Been Delayed Due To Environmental Concerns
Six more crypto miners were targeted by the senator, who questioned their energy consumption. Greenidge said on January 16 that its bitcoin mining operations in Dresden had been temporarily paused the...
Tesla Was ‘Very Ignorant’ on Bitcoin’s Environmental Impact When It Initially Bought BTC: Elon Musk’s Brother
Kimbal Musk, the younger brother of Tesla CEO and billionaire Elon Musk, says he regrets the electric vehicle company’s decision to buy $1.5 billion worth of Bitcoin (BTC) a year ago. While speaking a...
Elon Musk’s Brother Says Tesla Was ‘Ignorant’ of Environmental Concerns When It Bought Bitcoin
Kimbal Musk, Tesla board member and brother of Elon Musk, admitted that the company was “very ignorant” of Bitcoin’s high carbon footprint when it bought $1.5 billion in Bitcoin last...
Are we misguided about Bitcoin mining’s environmental impacts? Slush Pool’s CMO Kristian Csepcsar explains
It’s a controversial topic in the blockchain community that comes up from time to time — just how much impact Bitcoin (BTC) mining has on the environment. Last year, Tesla’s CEO Elon Musk ...
Uber Will Accept Bitcoin When It “Becomes More Environmental Friendly” – CEO Khosrowshahi ⋆ ZyCrypto
Advertisement     Uber, the largest ride-hailing company globally has confirmed that the firm is open to accepting Bitcoin payments in the future. In a Friday intervie...
Uber Will Accept Bitcoin When It “Becomes More Environmental Friendly” – CEO Khosrowshahi ⋆ ZyCrypto
Advertisement     Uber, the largest ride-hailing company globally has confirmed that the firm is open to accepting Bitcoin payments in the future. In a Friday intervie...
WPUR to warn about crypto mining environmental impact via Superbowl advert
TL;DR Breakdown • The company could announce its crypto project at the SuperBowl.• WPUR explains its hybrid farm to mine Bitcoin in Africa. Recently this company which provides traditional services su...
Uber CEO says rideshare company will accept crypto ‘at some point,’ cites transaction costs and environmental concerns
advertisement The chief executive of rideshare company Uber has said the firm “absolutely” will accept crypto in the future, but prefaced those remarks by saying such a move would only hap...
WWF Drops NFTs Following Environmental Criticism
The World Wildlife Fund (WWF) is halting sales of NFTs after receiving pushback from environmentalists concerned about the industry’s carbon footprint. Earlier this month, the WWF announced the launc...
UK WWF cancels NFTs shortly after launch amid environmental backlash
The UK’s World Wildlife Fund has faced backlash over the sale of non-fungible tokens (NFTs) that led them to closing the NFT sale less than 48 hours after launching. “After extensive research and appr...
Crypto mining won’t survive another round of environmental legislation
It was only a matter of time before China slapped a ban on Bitcoin (BTC) mining, trading and crypto services. To do anything with Bitcoin anywhere in the People’s Republic, one needs a special exempti...
The House Hearing On The Environmental Impacts Of Cryptocurrency Mining ⋆ ZyCrypto
Advertisement     The House is set to take an in-depth look into the environmental impacts of Bitcoin mining. The Memo cites the data provided by Statista and Digicono...
Wikimedia contributors propose dropping crypto donations due to environmental concerns
The environmental concerns surrounding cryptocurrencies have led to several organizations halting their partnerships with this sector. The Wikimedia Foundation has become the latest company to express...
Congress announces hearing on crypto’s energy use and environmental impact
advertisement Congress is officially looking into the environmental impact of blockchain, especially proof-of-work networks like Bitcoin. On January 13, the House Energy and Commerce Oversight Subcom...
Wikimedia Foundation Debates Acceptance of Cryptocurrency Donations Over Environmental Concerns – Bitcoin News
Following Mozilla’s decision to pause crypto donations due to environmental concerns, a number of Wikimedia Foundation community members have submitted a proposal that asks the foundation to stop acce...
Wikimedia Foundation Called to Stop Accepting Crypto Amid Environmental Concerns
Molly White, a longtime editor of Wikipedia who edits under the username GorrilaWarfare, has submitted a proposal that seeks to end the Wikimedia Foundation’s acceptance of crypto donations. The Wiki...
Dogecoin Creator Criticizes Mozilla for Environmental Stance on Crypto
Dogecoin co-creator Billy Markus has slammed Mozilla for pausing cryptocurrency donations amid environmental concerns. Mozilla, the nonprofit behind the Firefox internet browser, has accepted crypto ...
Dogecoin Co-Creator Fires Back at Mozilla’s Environmental Concerns
After deciding to pause digital asset donations last week following backlash from one of its co-founders, Mozilla now faces criticism from crypto insiders. The founder of Dogecoin was among the most v...
Mozilla ‘Pauses the Ability to Donate Crypto’ After Complaints and ‘Environmental Impact’ Considerations – Bitcoin News
On December 31, the software community founded in 1998, Mozilla, announced it was accepting crypto-asset donations via Bitpay. However, shortly after the announcement, a number of people complained ab...
US Congress Set To Have An Oversight Hearing On The Environmental Impact Of Bitcoin Mining ⋆ ZyCrypto
Advertisement     Congress may hold hearings on the environmental effects of Bitcoin mining soon. This happens amid concerns about developments in New York. Energy us...
Congress is preparing an oversight hearing on Bitcoin mining’s environmental impact: sources
advertisement A Congressional subcommittee is preparing a hearing to examine the environmental impact of cryptocurrencies, especially bitcoin mining, three sources with knowledge of the matter have to...
Cardano-Powered Platform Chosen by Samsung for New Environmental Initiative
South Korean electronics giant Samsung says it has chosen a platform built on Cardano (ADA) for a new tree-planting initiative. In a new press release, Samsung details how it will be teaming up with v...
Between COVID and Environmental Issues, Bitcoin Continues to Sink
The price of bitcoin has fallen from around $51,000 to just over $47,000 at the time of writing, and several other forms of crypto are also feeling the heat. Ethereum, for example, has risen about 400...
Oil Producers Have Surged. Here Are 5 Stocks to Drill Into.
The new darling of Wall Street isn’t into robocars, crypto mining, or the metaverse. It’s an Oklahoma City oil driller with a favorable position in West Texas shale. Devon Energy stock has returned 18...