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Raising funds for climate change with digital assets at COP28

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. UN Climate Change conferences (or COPs) is an annual event that brings world countries together to address the challenges and needs of climate change.  You might also like: Creating a resilient and sustainable blockchain-as-a-service for all COP 28 occurs in Dubai, United Arab Emirates, from 30 November until 12 December 2023. In a stark warning ahead of COP28, the Secretary General of the International Federation of Red Cross and Red Crescent Societies (IFRC), Jagan Chapagain, highlighted that climate change causes almost every humanitarian disaster the world faces: “Whether it’s a hunger crisis and people forced to move because of drought, a health emergency exacerbated by heat, killer flooding caused by exceptional rain, disputes over diminishing tracts of arable land or an uptick in malaria deaths due to warmer tem...

DeFi Exchange dYdX Set To Suspend Services For Canadian Users

Crypto traders in Canada will not be able to trade on dYdX starting next week. The decentralized crypto ex change has announced that it will stop offering its services to Canadian users and exit the country later this month. The move comes amid a shift in Canada’s regulatory landscape toward better compliance and consumer protection.  According to a blog post on dYdX’s official website, the platform has already stopped onboarding new users from Canada. The existing Canadian customers will have until April 14, 2023, to engage in trading activities on the ex change in order to manage and liquidate all open positions.  At 17:00 UTC on April 14, all existing Canadian users on the platform will be moved to close-only mode, which will allow them to withdraw their funds from the protocol at any time. The Deprecation Warning acknowledged the sudden and disruptive nature of dYDx’s decision.  The DeFi ex change cited the regulatory climate in Canada for its decis...