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SpaceX: Falcon 9 rocket launches 24 Starlink satellites from California.Russian State Atomic Energy Corporation: Ukrainian drones attacked the Zaporizhia nuclear power plant on Saturday.On May 30th, the Guangdong Provincial Development and Reform Commission publicly solicited opinions on the "Guangdong Provincial Regulations on the Development of Low-Altitude Economy (Draft for Solicitation of Opinions)." The regulations focus on the prominent bottlenecks hindering the development of Guangdongs low-altitude economy, offering targeted and precise measures and making specific institutional arrangements. For example, regarding insufficient airspace access, the regulations establish a collaborative operation mechanism for low-altitude airspace to improve airspace utilization efficiency; regarding inadequate infrastructure, they emphasize key aspects such as infrastructure construction planning, operation management, and renovation; regarding insufficient safety supervision, they strengthen the supervision and management of flight activities and implement low-altitude safety responsibilities; and regarding limited application scenarios, they expand low-altitude economic application scenarios according to relevant classifications and systematically explore and promote new low-altitude economic application scenarios.On May 30th, GalaxyVS, an AI-powered virtual screening platform for large-scale drug discovery, was officially launched. Based on the next-generation Tianhe supercomputing system, the platform targets a space of nearly 100 billion synthetic compounds and constructs an end-to-end technology system covering molecular characterization, vector retrieval, diversity control, affinity reordering, and large-scale task scheduling. This provides a highly efficient, high-precision, and scalable new foundational platform for innovative drug development. The platform was jointly developed by an AI biomedical team led by Meng Xiangfei, Party Secretary and Chief Scientist of the National Supercomputing Center in Tianjin, and Professor Lan Yanyan of the Institute for Intelligent Industry at Tsinghua University.On May 30th, the State Administration for Market Regulation announced that, in order to adapt to the needs of combating and rectifying pyramid schemes under the new circumstances, protect the legitimate rights and interests of natural persons, legal persons, and unincorporated organizations, and maintain market order and social stability, it has organized the revision of the "Regulations on Prohibiting Pyramid Schemes," resulting in the "Draft Regulations on Prohibiting Pyramid Schemes (Revised Draft for Public Comment)," which is now open for public comment. The public comment period is from May 29th to June 28th, 2026. The draft revisions focus on the following aspects: adding specific content on combating online pyramid schemes; strengthening the working mechanisms and measures for preventing and combating pyramid schemes; and increasing the legal liabilities for pyramid schemes.

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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