Cointime

Download App
iOS & Android

Nano Labs Joins GreenBTC.Club, Driving Eco-Evolution with DePIN+ReFi Fusion Narratives

Validated Project

On March 15, 2024, Nano Labs, a company dedicated to providing foundational infrastructure services for the Web3 and Metaverse industries, announced its formal entry into the GreenBTC.Club. This move signifies a significant step towards promoting sustainability within the Bitcoin ecosystem. This philanthropic action reflects Nano Labs' proactive stance in promoting sustainable blockchain development and underscores its long-standing commitment to environmental practices and carbon reduction, aligning with its core values.

Over the past fifteen years, Bitcoin has emerged as a cornerstone of the cryptocurrency industry, albeit accompanied by numerous criticisms, particularly regarding its environmentally taxing mining practices. Despite over 70% of Bitcoin miners utilizing renewable energy sources, and clean energy accounting for over 60% of Bitcoin mining, zero emissions remain elusive.

In response, the GreenBTC.Club was founded to address the historical carbon emissions generated by Bitcoin mining. Leveraging technologies like Web3, DePIN, and ReFi, the GreenBTC.Club seeks to achieve carbon neutrality for Bitcoin's historical energy consumption, encouraging institutions and individuals to hold green Bitcoin assets, thereby enhancing Bitcoin's societal value.

This year, the GreenBTC.Club has further upgraded its application to support the greening of all historical Bitcoin blocks, establishing an inclusive climate action network accessible to all.

Nano Labs will actively participate in the development of the GreenBTC.Club's ecological alliance and industry standards for Web3 carbon neutrality. Plans are underway to establish dedicated Nano Labs brand plots on the GreenBTC.Club map (https://greenbtc.club/blocks?channel=nanolabs), inviting the global Nano Labs community of climate activists to join in innovative practices in the ESG field, harnessing the power of philanthropy and dancing with the green Bitcoin ecosystem.

Comments

All Comments

Recommended for you

  • Crypto trading ecosystem LazyBear completes strategic financing of 4 million USDT

    The cryptocurrency trading ecosystem LazyBear announced the completion of a strategic financing of 4 million USDT, with participation from Gogeko Labs, DWF Labs, Shadow Labs, Salad Labs, Bees Network, REI Network, IBIT, Crypto Bullish, SYNBO Protocol, Bazaars, Sypool, Bitcoin Gbox, GemX Crypto, Wikibit, and others. It is reported that LazyBear is a cryptocurrency trading ecosystem for retail traders, committed to providing users with an industry-leading, low-fee, inclusive, and enjoyable trading experience.

  • Tether Invests $200M in Majority Stake of Brain-Computer Interface Company Blackrock Neurotech

    Tether's venture capital division, Tether Evo, has invested $200 million to acquire a majority stake in Blackrock Neurotech, a company that develops medical devices powered by brain signals to aid those impacted by paralysis and neurological disorders. The investment will fund the roll-out and commercialization of the devices and research and development purposes. Tether, the issuer of stablecoin USDT, has recently established four divisions to expand beyond stablecoin issuance and believes in nurturing emerging technologies with transformative capabilities. Paolo Ardoino, CEO of Tether, stated that Blackrock Neurotech's brain-computer-interfaces have the potential to open new realms of communication, rehabilitation, and cognitive enhancement.

  • Turnkey Raises $15M Series A Funding to Expand Wallet Infrastructure for Crypto Developers

    New York-based Turnkey has secured $15m in Series A funding led by Lightspeed Faction and Galaxy Ventures, with participation from Sequoia, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures. The company, founded by the team behind Coinbase Custody, offers a wallet infrastructure that enables developers to build anything that involves a wallet or cryptographic transaction. Turnkey plans to use the funds to expand operations and development efforts, and has already integrated with companies including Alchemy, Dynamic, Goldfinch, Halliday, Thunder Terminal, and Kinto. The product suite offers embedded and smart wallet services, biometric passkey logins, and seamless onboarding experiences for users.

  • Thai regulator to crack down on deceptive cryptocurrency ads

    Cryptocurrency advertisements that contain false, exaggerated, distorted, concealed, or misleading information violate Thai regulations. Regulatory agencies in major cryptocurrency markets have also taken similar measures to minimize investment losses in cryptocurrencies. For example, the UK Financial Conduct Authority (FCA) issued 450 illegal cryptocurrency advertising alerts in 2023 alone. In addition, in November 2023, the Spanish National Securities Market Commission, the main securities market regulatory agency, condemned fraudulent cryptocurrency asset promotion activities on X and reiterated the company's obligation to comply with local laws. The Thai Securities and Exchange Commission reminded cryptocurrency exchanges to include appropriate warnings about investment risks and to avoid attracting new users through special promotions. He warned that violating the above guidelines would result in "legal punishment".

  • Russia to impose cryptocurrency restrictions, exempting miners and central bank projects

    Russia will implement cryptocurrency restrictions, exempting miners and central bank projects. Starting from September 1st, Russia will impose strict restrictions on the circulation of cryptocurrencies such as Bitcoin, only allowing the issuance of digital financial assets within its jurisdiction. Anatoly Aksakov, Chairman of the Financial Market Committee of the State Duma, led this initiative. This is part of a wider government effort to control the cryptocurrency ecosystem in the face of escalating geopolitical tensions. Aksakov stated that the upcoming legislation aims to restrict non-Russian cryptocurrency transactions to strengthen the dominance of the ruble. Meanwhile, recent reports indicate that Russian entities have used cryptocurrencies, particularly Tether's USDT, to purchase key components for military technology.

  • MIIX Capital: io.net Research & Analysis Report

    io.net is a decentralized GPU network for ML computing, valued at $1 billion, expected to reach over $5 billion in the bull market cycle.

  • NFTScan ·

    NFT 101: What Is NFT Perps Trading?

    NFT Perpetual Futures (NFT Perps) is a new type of derivative that allows investors to trade NFTs with better liquidity.

  • NFTScan ·

    X Space Recap: Web3 Users’ Crypto Asset Security in the New Asset Protocol Boom

    In the new asset protocol trend and the rapid development of the NFT ecosystem, with various new gameplay emerging, how Web3 users can effectively protect their crypto assets has become a new challenge.

  • Ethereum stablecoin transaction volume exceeds $1 trillion so far in April, setting a new record

    On April 29th, The Block data shows that as of April 28th, the trading volume of stablecoins on the Ethereum blockchain reached a record high of $1.08 trillion in April, with DAI trading volume ranking first at $578.07 billion, followed by USDC at $268.15 billion in second place, and USDT at $198.62 billion in third place.

  • Shenyu: Up to one billion users' cloud input methods may have leaked input content. Please take immediate measures to reduce the risk.

    On April 29th, Cobo co-founder and CEO Shen Yu wrote on X platform that the cloud input method used by up to one billion users may have leaked input content. If you have entered mnemonic words or other sensitive information through any of the following cloud input methods, please take immediate measures to reduce the risk.