Quartz Archives

Why is Blackrock betting on Coinbase in a crypto bear market? — Quartz

For years, BlackRock CEO Larry Fink flirted with the idea of widespread adoption of cryptocurrencies, but steered clear of them, saying his firm’s institutional clients were not interested. On Thursday, BlackRock inked a deal with Coinbase that will allow the investment company’s customers to trade bitcoin.The move comes as the cryptocurrency...

A crypto company is the world’s largest buyer of carbon offsets — Quartz

Cryptocurrency platforms, airlines, carmakers, and oil companies were the biggest buyers of carbon offset credits in 2021, according to a new Bloomberg analysis of data from Verra, the largest offset brokerage. At the top of the list by far was Toucan Protocol, a crypto trading platform that snapped up carbon...