Recently, it projected images onto prominent buildings in New York City, drawing attention to the significant climate impact of Bitcoin investments by major financial institutions, specifically JPMorgan Chase & Co. and BlackRock.
The projections, which premiered on July 18, showed the CEOs of Blackrock and Chase, Larry Fink and Jamie Dimon, respectively, with red laser eyes, a characteristic of Bitcoin maximalist profile images. These bold visuals served as a stark reminder of the urgent environmental crisis at hand, directly attributing the peril to the Bitcoin investments and practices of these financial giants.The environmental advocacy group notably labeled Bitcoin as a"climate bomb," criticizing its hefty energy consumption predominantly derived from fossil fuels such as coal and gas.
The Bitcoin community swiftly hit back, with prominent members of the community criticizing Greenpeace's stance on Twitter and other social media platforms.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Securities Regulator Accepts Valkyrie’s Spot Bitcoin ETF Application – Bitcoin NewsThe U.S. Securities and Exchange Commission (SEC) has formally accepted the spot bitcoin ETF application filed by asset manager Valkyrie.
Source: BTCTN - 🏆 531. / 51 Read more »
Blackrock Bitcoin ETF Filing Announcement Propelled BTC in Q2 — Study – Bitcoin NewsIn the same period, the total staked ethereum (ETH) increased by 5.6 million to end the quarter at 23.6 million. ethstaking bitcoinordinals
Source: BTCTN - 🏆 531. / 51 Read more »
Bitcoin․me Launches $150,000 in Liquidity Pool Rewards – Press release Bitcoin NewsPRESS RELEASE. In its pursuit to revolutionize the cryptocurrency trading landscape, Bitcoin.me is pleased to announce the launch of three remarkable
Source: BTCTN - 🏆 531. / 51 Read more »
Samsung's 3nm GAA Chip Discovered in Microbt’s Next-Gen Bitcoin Mining Rig – Bitcoin NewsTechinsights found Samsung's 3nm chip in the Whatsminer M56S++ bitcoin mining rig from the Chinese manufacturer Microbt.
Source: BTCTN - 🏆 531. / 51 Read more »
Elon Musk's Tesla Sold Bitcoin One Year Ago, Community Wonders If Repurchase Coming.elonmusk The cryptocommunity hopes Tesla will start repurchasing Bitcoin soon. $BTC $DOGE $SHIB
Source: Utoday_en - 🏆 295. / 63 Read more »
Biggest Movers: SOL Snaps Losing Streak as XRP Climbs 5% Higher – Market Updates Bitcoin NewsSolana ended a three-day losing streak on Wednesday, as the token moved back above the $26.00 mark. XRP also rebounded today.
Source: BTCTN - 🏆 531. / 51 Read more »