September 28, 2023 - MultiversX, the leading blockchain infrastructure that has introduced one of the most performant and energy-efficient architectures in the industry, has announced that it has amplified its green blockchain efforts by now offsetting 25% more CO2 than its network and operation emissions, leading the way toward a more sustainable Web3.
The European Union is to fork out nearly €1 million (in fiat or crypto?) to assess the environmental impacts of cryptocurrencies and bitcoin mining activities. Does this mean that Brussels prefers strict regulation of these activities to the ban? In any case, crypto-enthusiasts will be sure to follow the progress of this study, especially the publication of the first reports. The fate of bitcoin mining and crypto activities in Europe will in fact depend on it.
While Binance finds itself in the SEC's crosshairs, another crypto, USDC, finds itself caught up in this storm. But what's really going on, and why is Circle concerned?