Worldwide Financial Fund (IMF) economists have warned of the environmental influence of crypto mining and AI information facilities, that are projected to extend world electrical energy consumption to three.5% by 2027, resulting in greater carbon emissions. Proposing a focused electrical energy tax, the authors estimate a possible discount in emissions by 100 million tons yearly, whereas producing […]
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Sam Bankman-Fried Seeks New Trial After FTX Fraud Ruling
After being discovered responsible of fraud and conspiracy in November, former CEO of the now-defunct crypto trade FTX, Sam Bankman-Fried,...