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The National Highway Traffic Safety Administration (NHTSA) has completed its engineering analysis (EA) of steering loss issues in approximately 376,241 Tesla Model 3 and Model Y vehicles in the United States.June 27 - According to the website of the China Maritime Safety Administration, the Yancheng Maritime Safety Administration issued a navigation warning that live-fire exercises will be conducted in parts of the southern Yellow Sea from 00:00 on June 28 to 24:00 on July 8, and entry is prohibited.Market news: The lockdown on Norways oil services industry has officially taken effect, impacting offshore drilling.On June 27th, the National Pipeline Group held a hydrogen energy storage and transportation technology exchange meeting in Beijing on June 26th. The meeting officially released technical solutions and complete sets of standards for hydrogen pipeline transportation projects, establishing a complete technical specification and standard system for the connection, storage, transportation, and delivery of hydrogen pipelines. This fills the gap in my countrys long-distance, large-scale hydrogen pipeline transportation technology and standards, marking a key leap from single-point technical breakthroughs to systematic application of hydrogen long-distance pipelines in my country.On June 27th, following two strong earthquakes in Venezuela, Oil and Gas Minister Paula Enau stated on June 26th that oil production was unaffected. In a media interview, Enau said that Venezuelas current daily crude oil production is 1.2 million barrels, and the government has assessed domestic inventory levels, ensuring a secure supply of natural gas and fuels. "We are operating normally; all oil wells are operational and producing." Reportedly, Venezuelan oil company management and oilfield workers indicated that oil and gas facilities were not severely affected. Earlier reports suggested that preliminary assessments indicated limited damage to Venezuelas large oil and gas facilities due to their distance from earthquake-affected cities; however, power shortages could impact oil production capacity.

Carbon Neutral Bitcoin and Ethereum ETPs Listed on Swiss Exchange

Cory Russell

Apr 12, 2022 10:43

The two new ETPs on SIX are Bitcoin Zero (BTCO2) and Ether Zero (ETH2O).


The ETPs are the product of a campaign known as "Crypto becomes carbon neutral."


The debut took place at a time when the stock market was in free collapse.


While the crypto market and the stock market are two distinct things, investors can't seem to get enough of both. As a consequence, we are seeing the emergence of Exchange Traded Products (ETPs) (ETPs).


People desire something more sustainable even inside these ETPs, and carbon-neutral ETPs have been designed to meet that need.

Crypto Becomes Carbon Neutral

The influence of crypto on the environment has been a long-debated matter, with no clear answer in sight.


To put a stop to this, the European Union nearly outright outlawed proof of work, but the majority of members voted against it, saving Bitcoin, Ethereum, and other (PoW) cryptocurrencies.


Other businesses, on the other hand, are still attempting to become carbon-neutral, as did an ETP provider for the stock market.


In collaboration with the Swiss FinTech Innovation Lab of the Institute for Banking and Finance at the University of Zurich, Helveteq, a Swiss issuer of ESG-transparent investment products, launched the research-based project "Crypto becomes carbon neutral."


The two ETPs, Bitcoin Zero (BTCO2) and Ether Zero (ETHZ), were born from it (ETH2O).


"It is time to give investors the first carbon neutral crypto ETPs from a Swiss issuer," Dr. Christian Katz, the CEO of Helveteq, said. The relationship between the environment and the blockchain economy is becoming more widely recognized, and we must all work together to create long-term solutions."


These ETPs will be added to SIX's pool of 240 other investment products.

Perhaps Now Isn't the Best Time?

The introduction of the ETPs, which was announced today, was not the best timing given the current state of the crypto market. The market has lost more than $122 billion in total, forming a 6.25 percent long red candle.


However, even before today, the overall market capitalization had fallen below $2 trillion, and is at $1.841 trillion. As a result, there's a significant likelihood that this will have a detrimental impact on the launch of these ETPs.

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