Blockchain
Lake Michigan Hills Partners With DigiKerma To Become The First Carbon Neutral Golf Club In The United States
Lake Michigan Hills Golf Club has become the first carbon neutral golf club in the United States after purchasing CCUS offset credits from DigiKerma. The course has offset all CO2 emissions associated with every round played in 2022.
Lake Michigan Hills chose to offset its emissions using DigiKerma’s Carbon Capture, Utilization, and Storage (CCUS)-derived carbon offset credits, which trade on the company’s CarbonKerma marketplace.
“We think sport can play an important role in a low carbon future. We explored a lot of options to offset our course’s footprint,” a spokesperson said, “But we found the quality of most offset credits to be difficult to ascertain. CarbonKerma credits carry a price premium, but we wanted to offset each golf round played. The ability to break down each tonne of emissions into fractions in a traceable manner allows us to spread the cost of offsetting. The price was worth it, knowing that all their credits, based on Carbon Capture and Storage, are precisely measured and overseen by strict EPA regulations.”
The groundbreaking transaction is set to create a pathway for sporting and entertainment events around the world to help accelerate the deployment of CCUS, a technology that is vital for achieving the Paris Climate Accord targets.
Ahead of his company’s presentation at the ADIPEC 2023 conference in Abu Dhabi, DigiKerma Founder and CEO Irfan Ali noted:
“CarbonKerma’s unique CCUS-based offset marketplace brings an unprecedented level of measurability and transparency to voluntary carbon offsets, which we hope will restore confidence in markets that have been plagued by low quality and a lack of trust.”
He added that, “This decision by Lake Michigan Hills demonstrates their confidence in the integrity of our credits and they are to be applauded for their pioneering spirit. Hopefully, this sets an example for other sporting clubs and events that offsetting properly–through high-quality credits–can play a significant role in achieving our Paris targets.”
The club joins Singapore’s Sentosa Golf Club as only the second golf club in the world to offer carbon neutral golfing. The move represents a significant milestone for DigiKerma, a blockchain-based carbon offset marketplace that is gaining a strong reputation for carbon offset integrity among a number of sectors with hard-to-abate emissions.
About Lake Michigan Hills Golf Club: Established over 40 years ago, Lake Michigan Hills Golf Club is the top-rated public golf course in southwest Michigan. Located in the Benton Harbor/St. Joseph area, golfing greats to have played the course include Payne Stewart, Kenny Perry, and Adam Scott.
About DigiKerma: DigiKerma Inc. is a Virginia-based company that operates the carbon credit trading platform CarbonKerma. DigiKerma is committed to providing scalable offsetting solutions to sectors with hard-to-abate emissions, and helping fund the cost of implementing Carbon Capture, Utilization, and Storage facilities to contribute to the rapid decarbonization of industry.
SOURCE DigiKerma
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
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Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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