Energy Web Launches Free Green Certification For Bitcoin Miners
Energy Web has launched a free sustainability registry for bitcoin miners that measures their use of renewable energy and grid impact. Energy Web , a nonprofit organization that builds open-source Web3 technologies for the energy sector, has announced a new sustainability registry for Bitcoin miners that measures their use of clean energy and grid impact. […]
Crypto Fuels Fentanyl Ingredient Trade In China
An Elliptic report revealed that Chinese chemical manufacturers accept cryptocurrencies for fentanyl precursors and have received over $27 million in crypto payments. Doctors legally prescribe fentanyl for severe pain, but illegal producers and sellers also offer it as a recreational drug. Fentanyl is highly addictive and can cause fatal overdoses. Most of the fentanyl trafficked […]
Trust Stamp Secures New Patent for Biometric Hashing
Trust Stamp announced that it has received a Notice of Allowance for a patent related to its AI-powered, tokenized-identity products that use biometric hashing for identity verification. Why Biometric Hashing? Biometric hashing is a process that employs neural network processing and pseudorandom matrix multiplication to generate anonymized vector representations of biometrics, such as face, palm […]
Binance Refutes Claims Of Misusing Customer Funds
The crypto exchange denies violating U.S. banking rules by combining customer deposits and company revenue, as alleged by a Reuters report. According to a Reuters report, citing three former insiders in 2020 and 2021, Binance commingled customer funds with company revenue in violation of U.S. financial rules that require customer funds to be kept separate. […]
Pakistan Denies FATF’s Role In Crypto Ban
Contrary to what Pakistan’s finance minister stated, the Financial Action Task Force (FATF) has clarified that it does not require Pakistan to ban crypto trading or services. Local media reports say Finance Minister Aisha Pasha told the Senate committee that Pakistan must ban crypto trading to stay off the FATF’s “grey list” of jurisdictions. State […]