Study: in January 2022, 62.4% of bitcoin mining electricity came from fossil fuels, contradicting the Bitcoin Mining Council’s estimate that ~59% is sustainable (Jamie Crawley/CoinDesk)

Jane Lanhee Lee / Reuters:
Reach Power, which is developing products to wirelessly transmit electricity to power IoT and other devices, raised a $30M Series B led by DCVC  —  Reach Power Inc, a Silicon Valley startup that beams electricity wirelessly, said on Friday it had raised $30 million in a funding round that will help it commercialize its products.

Coco Liu / Bloomberg:
Study: Chinese netizens are permitted to air environmental concerns and criticize polluters on social media, resulting in lower emissions from some factories  —  In spite of China’s intensifying crackdown on political dissent, residents still have plenty of leeway to air their environmental concerns …

Sam Reynolds / CoinDesk:
Binance’s mining service Binance Pool launches a $500M fund to provide 18-to-24-month loans for private and publicly listed Bitcoin miners  —  The entity is the latest to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.

New York Times:
NY Governor Kathy Hochul signs a bill imposing a two-year moratorium on new crypto-mining permits at fossil fuel plants, becoming the first US state to do so  —  National cryptocurrency industry groups had lobbied Gov. Kathy Hochul to veto the environmental ban, fearful that other states could follow New York’s lead.

Bloomberg:
Despite climate pledges by US tech giants, Greenpeace finds key supplies for Amazon, Microsoft, Google, HP, and others remain deeply reliant on fossil fuels  —  Amazon.com Inc., Microsoft Corp. and Alphabet Inc. have pledged to run their own operations on 100% clean power.

Eliza Gkritsi / CoinDesk:
Poolin, one of the world’s biggest bitcoin mining pools, suspends withdrawals from its wallet service, citing liquidity issues  —  Yesterday, the mining pool admitted to liquidity issues.  —  PoolinWallet, the wallet service of one of the world’s biggest bitcoin mining pools …