The climate dilemma haunting crypto: Securing a sustainable future for decentralised finance
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City AM
City AM
By Darren Parkin Crypto may be in the midst of a cold winter, but the rest of the world is sweltering. Record-breaking temperatures have wreaked havoc across Europe and the US, causing serious infrastructural and humanitarian damage. A year after the UN dubbed global warming a “code red†emergency, scenes of wildfires, evacuations and destroyed homes have provided a sobering reality to these warnings. Companies are subsequently under mounting pressure to find more environmentally friendly ways of doing business. Crypto is not immune to this pressure, and as an industry with a notoriously large…