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KAL’s cartoon

The world this weekJul 3rd 2021 edition Jul 1st 2021 This article appeared in the The world this week section of the print edition under the headline «KAL’s cartoon» The Economist Today Hand-picked stories, in your inbox A daily email with the best of our journalism

La prohibición de China despierta temores de prácticas mineras sucias de Bitcoin

La represión de China contra la minería de Bitcoin ha hecho que la tasa de hash caiga en picado y ha servido además para resaltar los aspectos ambientales perjudiciales de la criptomoneda más popular del mundo. Pero las consecuencias no se han abordado adecuadamente, según un académico británico de alto nivel. Pete Howson, profesor titular …

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Elon Musk Taught Investors About Bitcoin’s Carbon Footprint: Survey

Investors are worried about the environmental impact of Bitcoin—and it’s partly down to Twitter loudmouth and tech billionaire Elon Musk.  That’s according to a new report from financial news website Investing.com. The site surveyed 1,103 investors in early June, and about a third said they only learned about the effects of Bitcoin mining on the …

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Not So Safe: SafeDollar Stablecoin Falls to $0 After Exploit

The price of SafeDollar, a DeFi stablecoin built on the Polygon blockchain, plummeted to $0 today after an attacker exploited a vulnerability in its liquidity pool. The team is yet to conclude its post-mortem of the attack. SushiSwap core developer Mudit Gupta said that the attackers looted about $250,000 worth of stablecoins from the platform’s …

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Crypto Exchange Gemini Pledges $4M to Offset Bitcoin Carbon Emissions

Amid growing concerns about the damaging environmental impact of Bitcoin mining, crypto exchange Gemini has launched “Gemini Green,” a new long-term initiative to offset the carbon emissions created by the cryptocurrency in the exchange’s custody.  To accomplish the goal, Gemini has partnered with Climate Vault, a non-profit organization run by the University of Chicago. In …

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