Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Bitcoin

SFOX and Universal Protocol Alliance Partner to Make Universal Carbon (UPCO2) Globally Accessible

Published

on

  • Climate change is one of humankind’s most pressing challenges
  • Universal Carbon [UPCO2] is the world’s first retail-accessible carbon credit token
  • SFOX and UPA are working to make UPCO2 globally accessible

SAN FRANCISCO — January 6th, 2021 Today SFOX, the leading independent crypto prime broker and one of the world’s top 50 Blockchain companies according to CB Insights, and Universal Protocol Alliance (UPA), a coalition of leading blockchain companies announce a collaboration to work together to combat global climate change: beginning by taking steps to make Universal Carbon (UPCO2) globally accessible to any digital wallet or exchange that wants to offer its clients the opportunity to buy the world’s first retail-accessible carbon credit token.

“We know that the vast majority of crypto enthusiasts, digital natives and future leaning people are concerned about climate change but up to now it has been hard to make a personal difference,” said Akbar Thobhani, CEO of SFOX. “At SFOX we want to help solve this problem and this is a step in that direction.”

In 2020 UPA launched Universal Carbon (UPCO2), the world’s first tradable REDD+ carbon credit token. Each UPCO2 Token represents one tonne of CO2 pollution averted by a certified REDD+ project preventing rainforest loss or degradation. Every Token is backed by a Verified Carbon Unit [VCU], a digital certificate issued by Verra and other international standards agencies, which allows certified projects to turn their greenhouse gas (GHG) reductions into tradable carbon credits.

With demand for carbon credits outstripping supply by a factor of 4 to 1 in 2020, according to the World Bank, the UPCO2 Token is set to democratize an important new asset class, which could lead to the establishment of a global clearing price for carbon (as today exists for such commodities as oil and gold) and more resources going directly into environmental projects.

“From the world’s leading governments and international organizations, to financial institutions and large corporations, there is an understanding that we must make effective markets for carbon credits,” said Matthew Le Merle, Chairman of UPA and Vice Chairman of SFOX. “However, for most of the world’s 8 billion people, there is no easy and efficient way for them to demonstrate their own personal commitment to make their carbon footprints neutral. This is what we are partnering to solve now.”

As with all UPA stablecoin and crypto-commodity tokens (Bitcoin Zero, Universal Gold, UPUSD, UPBTC, UPEUR), Universal Carbon is available to any digital wallet, digital exchange or indeed any entity that would like to make these powerful digital solutions available to its customers. List any Universal Protocol token on your digital wallet or exchange by clicking here: [email protected]

About Universal Carbon
UPCO2 Tokens are tokenized voluntary carbon credits built on the Ethereum blockchain. Each UPCO2 Token represents one-year-tonne of CO2 emissions averted, substantiated by Verified Carbon Units in the registries of Verra and other leading standards agencies, with real-time transparency ensured by ‘wrapper’ ERC-20 tokens built by the Universal Protocol Alliance.

About SFOX
Founded in 2014, SFOX, San Francisco Open Exchange, is the first and leading U.S. cryptocurrency prime broker that provides reliable and secure global trading and custody solutions to traders, investors and institutions such as exchanges, money managers, funds, banks and payment companies. The platform offers a simple, reliable, and secure way to access global crypto currency markets within milliseconds, global market data and analysis, and blockchain infrastructure and to generate better returns with its best price execution and smart order routing when trading top tier digital tokens such as Bitcoin, Ethereum. SFOX has become a trusted partner for over 200,000 traders, funds and businesses. Learn more at www.sfox.com

About Universal Protocol Alliance
Universal Protocol Alliance’s vision is that every asset class will be digitized and tokenized. We are an alliance of like-minded cryptocurrency companies and blockchain pioneers including Bittrex Global, CertiK, Fifth Era, Hard Yaka, Infinigold, Ledger, and Uphold. We know how to tokenize and transparently substantiate any asset. Our mission is to build out the world’s leading tokenization platform, ushering in a new era in finance. Learn more at www.universalprotocol.io.

Press Contacts
SFOX
Contact: [email protected]

UPS
Contact: [email protected]

Source: RealWire

RealWire is an award-winning online press release distribution service with over 15 years of experience, and is first choice for many of the UK’s top agency, freelance and in-house PR professionals. RealWire’s service can increase your story’s coverage and improve your online visibility. The UK’s leading innovator in press release distribution, RealWire introduced the Social Media News Release in 2007 and relevance targeting system PRFilter in 2010.

Bitcoin

LQWD Technologies To Attend Pacific Bitcoin Conference 2023

Published

on

Photo Source: pacificbitcoin.com

LQWD Technologies (TSXV: LQWD) (OTC: LQWDF) a front-runner in Bitcoin Lightning Network solutions, is pleased to announce its participation in the Pacific Bitcoin Conference 2023. This premier event is scheduled to take place in Santa Monica, CA, on October 5-6.

Representing LQWD Technologies at the conference will be CEO Shone Anstey, who will be hosting a dedicated booth.

The Pacific Bitcoin Conference serves as a nexus for knowledge exchange and networking in the realm of Bitcoin and blockchain technologies.

Those interested in attending can find more information and purchase tickets on the official event website. To arrange a meeting with the LQWD Technologies team, please reach out to [email protected].

Website: www.lqwdtech.com
Twitter: @LQWDTech

Forward-Looking Statements

This press release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company’s business plans and the outlook of the Company’s industry. Although the Company believes, considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this press release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws. 

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

 

 

 

SOURCE LQWD Technologies Corp.

 

Continue Reading

Bitcoin

GoMining Reveals Cutting-Edge North NFT Collection

Published

on

 

Leveraging its vast experience since 2017, GoMining is leading the way in bitcoin mining, providing users with an effortless and user-friendly service. Now the company has introduced the so-called North Collection.

The company’s NFT collections provide daily bitcoin rewards to holders, with their substantial fleet of real equipment installed across the globe. Continuing their successful streak after the highly acclaimed East NFT Collection, this latest release marks the next installment in a series of crypto art devoted to various regions. GoMining’s fresh North NFT Collection draws inspiration from three key references: the critical role of low temperatures in mining device operations, the restraint and resilience found in northern regions, and the empowering force driving their endeavors. These references served as the foundation for the collection’s captivating images, reflecting the core principles behind GoMining’s innovative approach to bitcoin mining.

GoMining’s new NFT series is issued on the Binance Smart Chain, utilizing the BEP-20 standard for seamless integration and accessibility. With an impressive energy efficiency rating of 35 W/TH, these NFTs ensure the quickest payback period for holders. Moreover, the NFTs offer a diverse range of computing power options, spanning from 1 to 128 TH/s, accommodating various mining requirements and preferences.

In just over two years, GoMining has achieved remarkable growth. The platform has distributed more than 2,000 BTC to holders, issued 20,000 NFTs, and elevated its overall hash power from 100,000 TH/s to an astounding 2,359,877 TH/s. This exponential progress showcases the project’s resounding success and commitment to innovation in the cryptocurrency and NFT space.

As per GoMining’s CEO Mark Zalan, the company is doing everything to offer a broad variety of options to its holders, proving its sustainability and transparent approach. “We’ve been in operation for over two years providing consistent rewards for our holders daily. All of our efforts are aimed at showing tangible infrastructure behind the product – in this case real equipment with data centers in different regions like Norway.”

GoMining remains dedicated to introducing updated versions of its NFTs, originally crafted to provide easier access to bitcoin mining. All NFT collections, such as the renowned collaboration with MMA star Khabib Nurmagomedov, combine visually stunning designs with real equipment-generated computing power, offering continuous mining rewards to their owners.

The new North collection is available here.

Continue Reading

Bitcoin

New study reveals the cryptocoins that the US wants to sell the most

Published

on

 

A new study has revealed the cryptocoins Americans want to sell the most, with Bitcoin taking the top spot.

The research was conducted by crypto gambling experts at cryptogambling.tv, who analyzed Google Trends data to establish the cryptocurrencies the US wants to sell the most out of the 24 largest cryptocurrencies by market cap, giving an average weekly search volume for the interest in selling each cryptocoin.

The study revealed that Bitcoin has the highest number of searches from Americans looking to sell this cryptocurrency. Searches to ‘sell bitcoin’ were the highest at the end of July in the United States and worldwide.

Many factors might sway someone to sell their Bitcoin, with the main reason being the current financial and economic strain many countries in the world are facing, prompting people to tap out and cut their losses. Last year the price of the cryptocoin dropped below $16,000, which highlights its downfall tremendously, and with Bitcoin’s value being based purely on speculation, it can be challenging for those who don’t know whether or not to stick with it. 

Ethereum is the second cryptocoin Americans want to sell the most, with searches for ‘sell Ethereum’ being the highest in September worldwide. Although the currency is known for owning around 20% of the global crypto market, those wanting to invest tend to agree that it is one of the safest long-term coins. The current price of Ethereum is $1,458, and with the cryptocoin shifting its process from PoW to PoS, it’s predicted its supply may reduce.

XRP is the third cryptocoin Americans want to sell the most, as it is predicted that its price will be near $0.198 by the end of this year. XRP runs by RippleNet and is a low-cost coin which is excellent for those who want to begin investing; however, due to the current lawsuit proceedings with the SEC, there is a significant decrease in interest for the currency, which has undoubtedly urged investors to act fast and sell.

The fourth cryptocoin Americans want to sell the most is Dogecoin, which, although it has remained one of the top cryptocurrencies in the industry, is still not a solid investment for many investors. The coin rose over 15,000% over 2021, and for a cryptocoin which was created as a joke when it first began, it has truly exceeded expectations. Many avoid investing in Dogecoin due to its price volatility, no supply limit, and not being as widely accepted as other competing coins; these are reasons why many also want to sell.

Shiba Inu is the fifth cryptocoin that Americans are looking to sell, and while the coin is top-rated, it is advised that those looking to invest should not use it as a long-term investment. The coin is down almost 92% since 2021, but many investors hope it will still go up in time as it is currently at over 589 trillion.

An expert at cryptogambling.tv commented: “The cryptocurrency market is forever fluctuating, and with the increase in economic stress worldwide, it can be an uncertain and nerve-racking time for those hoping to make sound investments in the crypto world.

“This study offers an interesting insight into which cryptocoins Americans currently want to sell, with Bitcoin being the most popular to sell.” 

Continue Reading
Advertisement
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE