Shanghai Man: ‘Green-light’ for miners? CZ not responsible for BSC, Uniswap frauds on TV

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.

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As Environmentalists Boycott Bitcoin, the Crypto Community Takes Action

Despite recent moves by bitcoin into mainstream media, concerns continue to mount over bitcoin’s impact on the environment.
This year has seen a significant rise in celebrities, investors, and major organizations speaking out against bitcoin.

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Chile Deploys Blockchain to Track Renewable Energy Usage – BeInCrypto

Chile will use blockchain technology to track the use and flow of energy that is created through renewable mechanisms.
The new technology is called Renova, which was developed by Chile’s electricity coordinator CEN.

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Audits Could Rectify Crypto Energy Debate, Says Musk – BeInCrypto

Tesla CEO Elon Musk has said energy audits of large bitcoin (BTC) miners could help solve the debate around cryptocurrency’s environmental impact.
The comment came as a caveat to Musk’s reply to a post by ARK Invest analysts.

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Crypto Could Spark Creative Solutions, Says Billionaire Chris Sacca – BeInCrypto

Billionaire investor Chris Sacca believes cryptocurrencies’ environmental problems could spark creative solutions.
The founder of Lowercase Capital admitted to holding a variety of cryptocurrencies, including bitcoin (BTC) and ethereum (ETH).

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Company Reports Close to Zero Carbon Emissions From Its BTC Mining Operations – BeInCrypto

Digihost Technology has reported that over 90% of the energy consumed by its bitcoin (BTC) mining operations is from sources with zero carbon emissions.
The company also reported that renewable resources provided more than 50% of the energy it consumed in 2020.

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Cardano Expands Further Into Africa to Streamline Vital Services – BeInCrypto

Cardano (ADA) parent company Input Output has partnered with World Mobile Group, to provide vital services to Tanzania and Ethiopia.
First, the companies aim to bring sustainable internet connectivity to Tanzania, via renewable, solar-powered energy.

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ARK Invest, Square: Bitcoin Mining Could Incentivize Renewable Energy Development – BeInCrypto

According to a study by Cathie Wood’s ARK Investment Management LLC, and Jack Dorsey’s Square Inc., bitcoin (BTC) mining could incentivize renewable energy development.
The study purports that cryptocurrency mining could drive investment in renewable energy, while making more available to the grid.

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