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Metaverse to place new demands on payment services - BIS

/crypto

Metaverse to place new demands on payment services - BIS

The metaverse could place new demands on payment services that may be better met by central bank digital currencies and retail faster payment systems than by crypto, according to a Bank for International Settlements report.

COP28: Ethereum pre-Merge carbon emissions estimated to be 27.5m metric tonnes

/crypto

COP28: Ethereum pre-Merge carbon emissions estimated to be 27.5m metric tonnes

Research from the Cambridge Centre for Alternative Finance (CCAF) and the Ethereum Climate Platform (ECP) reveals that the Merge – the upgrade that switched the ETH consensus mechanism from a proof-of-work protocol to a proof-of-stake system – ensured that Ethereum now has a much lighter greenhouse gas footprint than other high carbon-emitting blockchains.

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