Core Scientific Mined Almost 2,800 Bitcoins in 2 Months
Mining firm Core Scientific mined 1,356 BTC and 1,435 BTC in November and December 2022, respectively.
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Mexico Puts Off Launch of its National Digital Currency
The Central bank of Mexico, Banxico, has said that the development of the country’s CBDC is still in the initial phase and unlikely to meet its 2024 launch date.
Court Filings: FTX Spent About $40M on Hotels and Food
Crypto derivatives exchange FTX, which filed for bankruptcy in November 2022, spent around $40M on luxury hotels and accommodation, among other things.
Mastercard Teams Up with Blockchain Project Polygon to Launch a Web3 Program for Artists
Payments company Mastercard has entered into a partnership with blockchain project Polygon.
Crypto Lender Genesis Trading Cuts Workforce by 30%
Cryptocurrency lending platform Genesis Trading has announced it will lay off 35% of its staff.
Derivatives Marketplace CME Group Plans to Launch Reference Rates Focused on the Metaverse
CME Group has recently announced that it plans to launch reference rates for three metaverse crypto assets.
Investments in Crypto-based Funds Fall to Lowest Level Since 2018
The influx of funds into crypto-based funds over the past 12 months has hit its lowest level since 2018.