Press Release
The importance of sustainability: Why eco-friendly blockchains are the future

As more and more decentralized applications (DApps), such as GameFi, DeFi, NFTs, and more, are being developed, heated discussions about the environmental impact of blockchain and cryptocurrency have reignited once more. Especially after China’s crackdown on cryptocurrency mining activities, public debates about blockchain and crypto-related energy consumption rates have reached a climax.
Proof of Work’s environmental impact
Since the birth of Bitcoin, the Proof of Work (PoW) consensus mechanism has always been fundamental to the security of blockchain networks. This consensus is reached through computing power, commonly referred to as hash rate.
Over time as blockchain technology is being adopted by the world, the energy consumption rate of the entire blockchain network has skyrocketed, leading to significant environmental costs. The University of Cambridge estimates that Bitcoin mining consumes about 130 TWh per year, accounting for about 0.1% of the world’s total primary energy consumption.
As far as DApp development is concerned, energy consumption-related environmental issues are mostly derived from Ethereum mining, since Ethereum is a PoW blockchain with the largest ecosystem full of projects in varying sizes. With the recent London hard fork, the transition to Ethereum 2.0-a complete Proof of Stake (PoS) blockchain, will be completed as early as 2022. As a result, the current energy consumption per transaction on Ethereum is about 35 kWh, which is equivalent to the energy consumption of a single person in developing countries for 3 days.
The true cost of DApp transactions
While mass crypto adoption is happening around the world, DApps and their applicability will eventually catch up. New projects such as wealth management applications, lending platforms, decentralized exchanges (DEX), NFT-inspired metaverses, and more, that are gradually taking over social media and our lives are the ultimate proof. If you have been paying attention to what’s happening around you, the crypto community’s passion and loyalty towards decentralized, immutable technology are clearly reflected in the real world.
That is certainly good news for crypto enthusiasts, but for the environment, it’s an entirely different story. Take NFTs for example. Memo Atken, a digital artist and engineer, estimates that the true cost of an NFT is much higher than a typical energy consumption of a transaction on Ethereum (35 kWh). He believes that NFT-related transactions will cost much more because all NFTs have to be minted and exchanged multiple times on the blockchain.
He is certainly correct. In fact, an NFT’s creation and distribution do not only consist of a simple mint and sale process. There will be many subsequent transactions made by collectors and traders, which makes the average carbon footprint of each NFT close to 340kWh (an average of 211 kg of CO2), equivalent to a single person’s energy consumption in a developed country for more than a month.
Why eco-friendly blockchains are favored by developers
In early 2021, several public blockchains underwent considerable ecosystem expansion, such as ThunderCore, Solana, Polkadot, and Binance Smart Chain. These blockchains’ ecosystems are in full bloom, as decentralized projects like DAOs, Oracles, Token Bridges, DeFi protocols, NFT marketplaces, blockchain games, and more, are being deployed consistently. There are many reasons for the expansion of these networks, but one thing they all have in common is that none of them utilize a PoW consensus mechanism (meaning zero physical mining facilities are used). Instead, novel mechanisms, such as PoS, that allow on-chain staking and other models to replace PoW are applied.
Among them, the ThunderCore blockchain uses the state-of-the-art PoS consensus mechanism, PaLa, which not only solves the “scalability trilemma”, but also supports the chain’s entire ecosystem with cheap renewable energy. ThunderCore is an eco-friendly public blockchain, and its CO2 emissions, resulting from on-chain transactions, are reduced by more than 10,000x. For example, its block creation does not require the support of large amounts of energy resources like Bitcoin and Ethereum do. ThunderCore is also EVM compatible, which allows the rapid migration and deployment of Ethereum projects. With low gas fees (<$0.00001), sub-second confirmations, and 4,000+ TPS, ThunderCore has become a platform favored by developers from the world over.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Bloger.fm Organises Daily AI Announcements by Company and Product
Bloger.fm, an independent daily AI briefing, files public AI announcements under the organisations and products they concern, so readers can follow one company or scan the whole field in minutes through daily briefings and entity pages.
United States, 5th Oct 2026, Grand Newswire – SAN FRANCISCO, October 4, 2026 — Bloger.fm is a daily AI briefing that groups each day’s announcements by the companies and products behind them. The independent publication reads a monitored feed of public AI announcements, including model releases, product launches and research, and files each item under the organisation and product it concerns. A day’s news reads as a set of company briefings rather than one long timeline, so readers can find what changed at the companies they follow in minutes.
“AI news arrives as a stream, but readers think in companies,” said Andy, founder of Bloger.fm. “We file every day by organisation and product, so you can follow one company closely or scan the whole field in a single sitting.”
One Match, Two Ways to Read
Bloger.fm matches each item against a hand-maintained dictionary of organisations, products and standards. The same match builds both of its views. A daily briefing groups one day’s items into company sections, and an entity page for every tracked organisation, product or standard collects everything recorded about it across a rolling coverage window.
A reader who follows a single company, such as OpenAI or Google, can start from its entity page. A reader who wants the whole field can open a day’s briefing. Entity pages link to official channels, and an RSS feed is available for those who prefer to read in their own reader.
Items keep their original wording, and the briefing is organised by the site’s published editorial policy, which covers how items are matched, ordered and corrected.
Independent by Design
Bloger.fm carries no advertising and takes no sponsorship. It has no commercial relationship with any company it covers, and no company can influence what appears in a briefing or how it is ordered. Briefings are published under the Bloger.fm Editorial Desk.
About Bloger.fm
Bloger.fm is an independent daily briefing on artificial intelligence. It reads a monitored feed of public AI announcements and files each item under the organisation and product it concerns, so a day’s news reads as a set of company briefings rather than a chronological feed. Every entity it tracks has its own page. It carries no advertising and takes no sponsorship. Read more at Bloger.fm.
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Organization: bloger AI
Contact
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https://bloger.fm/
Email:
editor@bloger.fm
Country:United States
The post Bloger.fm Organises Daily AI Announcements by Company and Product
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
MFN Partners Management Expands Partner Team and Broadens Global Business Development
MFN Partners Management is expanding its team as part of its broader research and development plans. The Boston-based investment manager continues to strengthen its investment research framework, quantitative capabilities and professional education activities while maintaining an emphasis on independent judgment and disciplined risk management.
United States, 5th Oct 2026 – Investment managers are increasingly examining how fundamental research, quantitative methods and professional knowledge can work together as financial markets become more interconnected and data-intensive.

Against this backdrop, MFN Partners Management is expanding its team to support the continued development of its research and quantitative capabilities. The expansion forms part of the firm’s longer-term business plans and is intended to provide additional support across investment research, quantitative research and professional education activities.
As the volume and complexity of market information continue to increase, investment organizations are placing greater emphasis on how data, analytical tools and professional expertise can complement established research processes. MFN’s development approach reflects this broader environment while continuing to emphasize independent judgment and disciplined risk management.
The firm is also working to strengthen the relationship between quantitative research and traditional investment analysis. Rather than positioning quantitative methods as a replacement for investment judgment, MFN aims to develop a broader research framework in which different analytical perspectives can be considered together.
The expansion of the team is also expected to support the firm’s professional education and knowledge-exchange activities. These initiatives are focused on investment research, quantitative methods and market analysis for professional and research-oriented audiences.
These developments form part of a gradual growth strategy rather than a change in the firm’s underlying investment philosophy. MFN continues to emphasize in-depth research, independent judgment and risk discipline as foundations of its investment approach.
As its research and development plans evolve, the firm expects to continue strengthening its internal capabilities and related professional activities. Any investment services and related activities remain subject to applicable jurisdictional requirements, client eligibility criteria, contractual terms and relevant legal requirements.
Further information regarding MFN’s research activities, team development and related business initiatives will be communicated through the firm’s official channels as appropriate.
About MFN Partners Management
MFN Partners Management, L.P. is an investment management firm headquartered in Boston, United States. Its investment approach emphasizes in-depth research, independent judgment and risk discipline. The firm is also developing activities related to investment education, quantitative research and professional knowledge exchange. Investment services and related activities are conducted subject to applicable jurisdictions, client eligibility requirements, contractual terms and relevant legal requirements. Current information regarding the firm and its services should be referenced through its official website and applicable regulatory disclosures.
Media Contact
Organization: MFN Partners Management
Contact Person: Henry Johnny
Website: https://www.mfnext.com
Email: Send Email
Country: United States
Release id: 49528
The post MFN Partners Management Expands Partner Team and Broadens Global Business Development appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
STARCARES Equips Seven Foster Homes for Children and Young People in Tanzania
Moshi, Tanzania, October 5th, 2026, FinanceWire
The initiative with Kijana Kwanza furnishes seven family-style homes for up to 250 beneficiaries in Tanzania.
STARCARES, the CSR initiative of STARTRADER, has partnered with Kijana Kwanza in Tanzania to equip seven new foster homes for up to 250 beneficiaries. By turning newly built housing into safe, functional homes, the initiative supports the stability children need to continue their education and move towards greater independence.
STARCARES has provided beds, mattresses, bedding, wardrobes, cooking stoves, dining tables and chairs, enabling the homes to function from day one. The support forms part of its Where Tomorrow STARs Begin programme, focused on education, youth development and long-term opportunity.
Kijana Kwanza, meaning “Young People First,” is a Moshi-based NGO providing holistic care for 250 beneficiaries aged 5–22 through education, vocational training, life skills, shelter and community programmes, with its wider programme of services reaching over 23,000 people
“STARCARES is helping us turn these new houses into real homes. Their support provides the everyday essentials our children need to live with dignity, stability and care from the moment they move in.” — Mujibu Idrisa Abeid, CEO, Kijana Kwanza
For many of the children supported by Kijana Kwanza, a secure home is the foundation for staying in education, building practical skills, growing in confidence and progressing towards independence.
“What matters most is giving young people the stability to feel safe today and the confidence to imagine a different tomorrow. That is the value we want STARCARES to create: support that strengthens lives and opens opportunities for the future.”— Muhammed Padhani, CCO of STARTRADER
The Tanzania initiative builds on STARCARES’ work in Nigeria, Vietnam, Thailand and the Philippines, reaching more communities where young people need safer spaces, greater care and stronger opportunities.
Guided by its principle, “Bringing STAR, Delivering CARE,” STARCARES continues expanding its reach where support is needed most, turning essential needs into stronger foundations for young people to live, learn and move forward with confidence.


About STARTRADER
STARTRADER is a global multi-asset broker empowering retail and institutional partners to access global markets through a range of platforms, including MetaTrader, STARTRADER APP, and STAR Copy.
STARTRADER operates through entities licensed and regulated by authorities including CMA, ASIC, FSCA, FSA and FSC, combining strong governance with a client-first approach, serving both retail clients and partners with a commitment to transparency, reliability, and long-term growth.
Contact
Janna.magabilen
Janna.magabilen@startrader.com
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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