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COP26 climate agreement strikes some as ‘good deal,’ others as ‘blah, blah, blah’

The compromise reached at the UN climate summit officially points a finger at coal but stops short of a «phase out.»

Nearly 200 countries reached an agreement at the United Nations climate summit Saturday that UN Secretary-General António Guterres said takes important steps but still leaves us «knocking on the door of climate catastrophe.»

«The approved texts are a compromise,» Guterres said in a statement. «They reflect the interests, the conditions, the contradictions and the state of political will in the world today. They take important steps, but unfortunately the collective political will was not enough to overcome some deep contradictions.»

The agreement is the first to come out of a UN climate summit with mention of the role of fossil fuels in the climate crisis, CNN reported. But at the last minute, language to «phase out» coal power was changed to «phase down,» a move some said would make it hard to reach key goals around warming.

The agreement asks governments to strengthen emissions-reduction targets by the end of 2022 to keep alive the goal of the Paris climate accords signed six years ago. That treaty calls for holding the rise in the Earth’s average temperature to well below 2 degrees Celsius above preindustrial levels — and if possible, to 1.5 degrees Celsius above those levels. But the COP26 agreement has no enforcement mechanism, The Wall Street Journal reported, and only urges countries to act. Still, it calls on governments to return next year with their more robust plans to curb emissions, with some negotiators seeing that review as a way to bring about new cuts, the Journal said.

Altered language aside, the agreement includes an explicit call to countries to accelerate their efforts to cut down on coal, the fossil fuel that’s worst when it comes to greenhouse gas emissions, and to speed an end to fossil fuel subsidies. And it promises more money to small and developing countries for mitigation and adaptation.

«It’s a good deal for the world,» US climate envoy John Kerry told The Associated Press. «It’s got a few problems, but it’s all in all a very good deal.»

Others weren’t so sure. In regard to funds for smaller countries, developed nations have already missed the deadline for providing $100 billion annually to these countries by 2020. That means trust is low, and many of these countries are disappointed the agreement doesn’t lay the groundwork for establishing a loss and damage fund. This would’ve provided them with the money they need to pay for immediate damage caused by the climate crisis, which is largely caused by developing countries.

Climate activist Greta Thunberg dismissed the agreement as more of the same old talk without real action.

«The #COP26 is over. Here’s a brief summary: Blah, blah, blah,» Thunberg tweeted. «Unless we achieve immediate, drastic, unprecedented, annual emission cuts at the source then that means we’re failing when it comes to this climate crisis,» she said in another tweet, adding that «small steps in the right direction» and «making some progress» equals losing.

CNET’s Katie Collins contributed to this report.

Technologies

Verum Messenger: Data Protection at Its Finest

Verum Messenger positions itself as a tool for those who value privacy and security above all.

Verum Messenger stands out from other messengers thanks to its approach to security, anonymity, and innovations in communication. 

Here are some key aspects that highlight its uniqueness:

  • Default encryption: Verum Messenger uses end-to-end (E2E) encryption for all chats, meaning messages are encrypted on the sender’s device and decrypted only on the recipient’s device. This makes it impossible for third parties, including app developers, to access the content of the messages.
  • Anonymity: When registering with Verum, there’s no need to provide a phone number or email. Users simply choose a nickname and password, significantly enhancing their level of anonymity. This contrasts with many other messengers, where anonymity can be compromised through linked personal data.
  • Built-in VPN: An additional layer of protection that hides the user’s IP address, making their location and internet activity less trackable.
  • Data control: Users can set messages to be automatically deleted after a specified time, ranging from a few seconds to a week. There’s also a quick deletion feature for all chats, calls, and even contacts, which is useful for maintaining privacy.
  • Large groups: The ability to create chat rooms with up to 10,000 participants makes Verum attractive for organizing large events, discussions, or communities while maintaining a high level of security.
  • Security innovations: Verum actively develops technologies aimed at protecting user data, as seen in their documentation and discussions online. This includes not only technical solutions but also approaches to data minimization, which reduces the risk of leaks.
  • Feedback and discussions: On platform X (formerly Twitter), discussions can be found where users and experts praise Verum for its approach to anonymity and security, although questions are raised about how much anonymity can truly be guaranteed in an age of modern tracking and de-anonymization technologies.

Verum Messenger positions itself as a tool for those who value privacy and security above all. Its innovations in encryption, anonymity, and data control make it an intriguing choice for those seeking alternatives to traditional messaging platforms. However, as with any technology, it’s important to remember that absolute anonymity on the internet remains a complex challenge, and users should be aware of potential risks and limitations.

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Verum Coin Debuts on XT Exchange, Broadening its Reach in the DeFi Space

A Strategic Listing Enhancing Verum Coin’s Visibility

In a significant development for the decentralized finance (DeFi) sector, Verum Coin (VERUM) has been officially listed on XT Exchange. The new trading pair, VERUM/USDT, is now available in the exchange’s Innovative Zone, marking a pivotal expansion for this digital asset into the DeFi ecosystem.

A Strategic Listing Enhancing Verum Coin’s Visibility

The addition of Verum Coin to the XT Exchange is seen as a strategic move to enhance the accessibility and liquidity of VERUM among traders who are keen on exploring innovative digital assets. XT Exchange, known for its robust platform supporting a wide variety of cryptocurrencies, provides an ideal environment for fostering growth and ensuring the broad reach of new tokens.

Albin Varin, CEO of XT Exchange, expressed enthusiasm about the new listing, stating, «We are delighted to welcome Verum Coin to our platform. This listing reflects our ongoing commitment to providing our users access to innovative digital assets that transform the landscape of global finance.» This comments underscore the exchange’s focus on integrating cutting-edge technologies and financial instruments that have the potential to redefine the market.

About XT

Founded in 2018, XT Exchange serves more than 7.8M registered users, over 1M monthly active users, 40+ million users in the ecosystem, and more than 800 tokens with 1000+ trading pairs. XT crypto exchange offers a rich variety of trading categories to provide a secure, trusted, and intuitive trading experience for its large user base. This includes crypto futures trading (USDT-M Futures and coin-M futures perpetual contracts) and copy trading that allows users to replicate top traders in real time with just one click. Additionally, the futures grid allows users to automate the buying and selling of futures contracts for profits.

Future Prospects

With its new position on XT Exchange, Verum Coin is expected to attract a broader audience, enhancing its trading volume and market presence. This could potentially lead to increased stability and recognition as a viable player in the DeFi space. For investors and users of XT Exchange, this addition provides a fresh avenue to diversify portfolios with a cryptocurrency that is positioned at the intersection of innovation and financial evolution.

The listing of Verum Coin on XT Exchange not only highlights the ongoing expansion of cryptocurrency markets into new areas like DeFi but also illustrates a growing recognition of digital assets that offer promising technological advancements and financial opportunities. As the crypto market continues to evolve, partnerships like these are pivotal for fostering growth and offering users access to the next generation of financial tools.

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Technologies

Verum Coin Gains International Spotlight with AP Coverage and Listing on XT Exchange

This listing on XT is expected to further propel Verum Coin into the spotlight

In a noteworthy development for the cryptocurrency community, Verum Coin (VERUM) has been featured in an Associated Press article, highlighting its upcoming listing on the XT Exchange. This significant media coverage underscores the growing interest and potential of Verum Coin in the global financial landscape.

The AP article delves into the details of Verum Coin’s innovative features and its alignment with the latest trends in the cryptocurrency market. This attention comes at an opportune moment as Verum Coin prepares for its new listing on XT Exchange, a platform renowned for its extensive user base and a wide array of trading options.

This listing on XT is expected to further propel Verum Coin into the spotlight, providing both traders and investors with new opportunities to engage with this emerging digital asset. The exchange’s robust infrastructure and diverse trading offerings are ideal for supporting Verum Coin’s growth and enhancing its visibility in the competitive cryptocurrency market.

For more details, you can read the full article on the AP website here.

This milestone is a testament to Verum Coin’s advancing presence in the crypto world and its ongoing efforts to be at the forefront of digital currency innovation and adoption.

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