Cardano Foundation Completes Funding To Plant 1 Million Trees
Last year, the Cardano Foundation announced that it was partnering with Veritree to plant a million trees. This partnership was part of the project’s commitment towards going carbon green and helping to combat climate change. Over the next few months, the foundation had continued to push this project, raising money in the process for the trees. Now, the foundation is ready to begin planting its million trees as it completes funding for its project. Cardano To Plan 1 Million Trees In Kenya In a recent tweet, Chief Executive Officer of the Cardano Foundation, Frederik Gregaard, confirmed....
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The software platform Cardano has entered the third stage of its roadmap, the Basho era. It promises to improve the network’s performance and scalability. Cardano’s roadmap is “a summary of Cardano development” divided into five eras to deliver improvements in diverse functionalities of the network that are “delivered across multiple code releases”. Now that the platform’s core smart contract capability Plutus has been deployed, the launch of the Basho era focuses on scaling Cardano, promising “Parameter adjustments, improvements,....
Crypto leverage has been high across some particular digital assets in the space. Global open Interest in the space still sits at a reasonable point currently, but some assets boast significantly higher open interest to market cap ratios than others. Thus, this report will be examining the leverage for these assets to see which ones carry elevated leverage. Altcoins Lead In Leverage Bitcoin and ethereum no doubt still command the largest share of the global crypto open interest but when it comes to the percentage of their market cap which their open interest commands, it falls short when....
There is yet another player in the digital currency playground. This time, it is something that might have a broader impact on the world than Bitcoin and its other copycats. Presenting BitSeeds... Currency to protect and restore rainforests. Supported by the Rainforest Foundation, BitSeeds is a cryptocurrency that can be used to do everything that you can do with Bitcoin. Only difference is that BitSeeds generates interest every year, whereas Bitcoin doesn't. BitSeeds is developed to address the issue of disappearing rainforests. It has collaborated with Rainforest Foundation, founded by....
The eco-friendly Yield Farm is taking its first steps into the Carbon Credit business through NFTs backed by real planted trees TreeDefi is a Yield Farming protocol that focuses on eco-friendly activities through ⅓ of the deposit fees on the platform. They plant trees through tree planting organizations and privately held planting projects around the […]
The investment firm filed the application for its Bitcoin ETF with Canadian securities regulators in February. Accelerate Financial Technologies is planning to match each investment in its pending Bitcoin exchange-traded fund with the planting of thousands of trees.According to a Friday report from Bloomberg, the Calgary-based investment services company has pledged to plant 3,450 trees for every $1 million CAD — roughly $792,000 at the time of publication — invested in its Bitcoin (BTC) exchange-traded fund, or ETF. The move is part of Accelerate’s aim to have its Bitcoin ETF be carbon....