Marathon Digital breaks own record with 1,853 Bitcoin mined in December
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Marathon Digital breaks own record with 1,853 Bitcoin mined in December

Bitcoin miner Marathon Digital Holdings has notched itself a new production record, mining more Bitcoin (BTC) in December 2023 than any month before. According to a Jan. 4 press release, the Florida-based firm reported mining 1,853 Bitcoin in December, a 56% increase from November and a 290% increase from December 2022, claiming: “We believe this to be the highest monthly…

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Crypto traders gamble $1.5M on Bitcoin ETF approval results
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Crypto traders gamble $1.5M on Bitcoin ETF approval results

As the crypto community eagerly awaits the United States Securities and Exchange Commission’s (SEC) decision on spot Bitcoin (BTC) exchange-traded fund (ETF) applications, some traders are using this time of suspense to gamble on whether they get approved by Jan. 15. At the Polygon-based gambling site Polymarket, traders have placed their “Yes” or “No” bets on whether the Bitcoin ETF…

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Nigeria’s central bank greenlights cNGN stablecoin to launch in February
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Nigeria’s central bank greenlights cNGN stablecoin to launch in February

The Central Bank of Nigeria (CBN) has approved the Africa Stablecoin Consortium (ASC) to pilot the cNGN stablecoin in its regulatory sandbox. The new stablecoin is to be launched on Feb. 27, 2024.  In a blog post, the ASC — a collaboration of Nigerian banks and fintech operators — said the cNGN stablecoin complies with the regulatory requirements and standards…

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Italy to tackle AI regulation as one of main priorities during G7 presidency
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Italy to tackle AI regulation as one of main priorities during G7 presidency

Italy, one of the first European countries to effectively ban OpenAI’s popular chatbot ChatGPT, will address the topic of artificial intelligence (AI) as one of the priorities of its Group of Seven (G7) presidency, which runs from January to December. On Dec. 4, 2023, Italian Prime Minister Giorgia Meloni held a press conference in which she outlined the key priorities for…

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Ready Player One author, producer to bring IP to metaverse
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Ready Player One author, producer to bring IP to metaverse

Ernest Cline, the author of Ready Player One, and Dan Farah, the producer of Steven Spielberg’s film adaptation of the story, have partnered with artificial intelligence (AI) and metaverse company Futureverse to develop a digital universe for Ready Player One. Together with Futureverse’s Shara Senderoff and Aaron McDonald, Cline and Farah will co-found Readyverse Studios, a firm that will launch a…

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Bank of Spain selects partners for CBDC testing
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Bank of Spain selects partners for CBDC testing

Spain’s central bank, Banco de España, has chosen its collaborators a year after publishing an open call for partners to participate in central bank digital currency (CBDC) tests. On Jan. 3, the central bank published a resolution announcing its partnership with Cecabank, Abanca, and Adhara Blockchain. The pilot of the wholesale CBDC will take place in the next six months…

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