BitMEX Pledges to Take ''Positive Action'' Amid Environmental Concerns Over Crypto
As scrutiny over the energy consumption levels of crypto rises, BITMEX - a popular crypto trading platform - has pledged to offset its carbon footprint. The exchange will attempt to do it by donating $0.0026 for every $1 of blockchain fees its users pay out. This number was taken from calculations published by Sam Bankman-Fried, the CEO of crypto derivatives exchange FTX and Alameda Research. Sam suggested that it should be enough for crypto firms to offset their carbon footprints.