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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...

While the interest in crypto investments was on the rise last year among the home offices, 2023 saw a massive decline in such investors' certainty about the digital assets market. While the interest in crypto investments has been on the rise last year among the home offices, 2023 saw a massive decline in such investors' certainty about the digital assets market.  According to a Goldman Sachs report on May 8, named “Family Office Investment Insides,” 32% of family offices currently hold investments in digital assets. This category includes not only cryptocurrencies but also nonfungible tokens (NFTs), decentralized finance (DeFi) and blockchain-focused funds. Primary motivations of family offices to invest in digital assets. Source: Goldman Sachs  Explaining their motivations for invest ing in digital assets , the majority (19%) named the belief in the power of blockchain technology, whereas only 8% and 9% cited speculation and portfolio diversification, respectively. Related:...

The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community. The Biden administration has renewed its push for a 30% Digital Asset Mining Energy (DAME) tax on cryptocurrency miners, part of efforts to minimize the industry’s alleged impact on climate change.  The proposed crypto-mining tax was first announced on March 9 as part of President Biden's FY2024 budget and seeks to impose a phased-in 30% excise tax on electricity used by crypto-miners. Today the CEA released a blog highlighting a new tax in the President’s budget, the Digital Asset Mining Excise Tax (“DAME Tax”), a tax equal to 30 percent of the cost of the electricity cryptominers use once fully phased in. 1/ https://t.co/944x0wVVB5 — Council of Economic Advisers (@WhiteHouseCEA) May 2, 2023 “An excise tax on electricity usage by digital asset miners could reduce mining activity along with its associated environmental impacts and other harms,”...

The Avalanche Foundation has launched a new mentoring initiative for digital artists, and Ticketmaster has introduced a new feature allowing artists to reward NFT holders. In a March 30 blog post, The Avalanche Foundation announced the launch of Avaissance, an initiative designed to support digital artists and boost the growth of the Avalanche nonfungible token (NFT) ecosystem. Avaissance has two main components, an Artist in Resident program (AIR) for over 50 artists and the Mona Lisa Initiative (MLI) to curate digital art and expand the collections of art-focused decentralized autonomous organizations (DAOs). Avaissance begins! The Avalanche Foundation is launching the Avaissance initiative to grow the #AVAX NFT ecosystem and support its budding artists. The program aims to usher in a rebirth of creative activity on Avalanche. So, what’s the plan?️ pic.twitter.com/mNhDoQqDhD — Art on Avalanche (@ArtOnAvax) March 29, 2023 AIR will provide artists “of any skill level” with ...