Above Photo: The latest IPCC report finds we are not on track to limit global warming to 1.5 degrees Celsius. Alain Pitton / NurPhoto / Getty Images. ‘A File Of Shame’. Policies in place to reduce emissions as of December 2020 would lead the planet to 3.2 degrees Celsius of warming, more than double the 1.5 degrees limit that scientists say is essential for avoiding the worst impacts of the climate crisis. That’s the urgent warning from the latest Intergovernmental Panel on Climate Change (IPCC) report released Monday. “The jury has reached the verdict, and it is damning,” UN Secretary-General António Guterres told reporters ahead […]
Celsius
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Ledger suffered a data breach, crypto mining in India comes with questions and a new decentralized finance (DeFi) looks to offer lending and saving opportunities for PoS token holders. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here. Top shelf Anchor AweighLiquidity mining is coming to proof-of-stake (PoS) blockchains. Anchor, the new DeFi platform from Terra, Cosmos, Web3 Foundation and Solana, is designed to launch with a governance-token reward. Version 1 will go live in October, according to a Terra co-founder, offering […]
Standing in a spacious, white living room and sporting a black T-shirt, Alex Mashinsky, CEO and co-founder of cryptocurrency lender Celsius Network, urged his customers to ignore the naysayers. “Don’t listen to the FUD-ers, look at the facts,” Mashinsky said on the YouTube livestream on July 17, using crypto slang for “fear, uncertainty and doubt.” A few minutes later, he reassured the audience of “Celsians,” as the platform’s users are nicknamed, that the company is prudently deploying their crypto deposits. Like a bank, Celsius borrows from one set of clients, lends to other customers and pockets the difference in interest. Unlike […]