Web3 Diaries- India’s Digital Rupee Transactions Cross Million in 1 Day
India’s central bank digital currency (CBDC), the digital rupee, crossed a million transactions in a day on Dec. 27, 2023 – but with at least a little help from retail banks’ own employees.
As per the CoinDesk report, the Reserve Bank of India (RBI) Governor Shaktikanta Das in a letter to staff said the usage of the e-rupee (CBDC) “exceeded the milestone of 1 million transactions in a day on Dec. 27, 2023.”
A separate letter from one of the banks participating in the e-rupee pilot said it had been encouraged to deposit employee funds and benefits using the CBDC, rather than use the existing fiat currency.
Crypto Investment Products Receive $2.2B in 2023
Investors poured over $2 billion into digital asset investment exchange-traded products (ETPs) in 2023, making it the third largest year for net inflows dating back to 2017, according to data provided by CoinShares.
At $2.2 billion, 2023 inflows were more than double that of 2022. The majority of this money hit in the final quarter, said CoinShares’ James Butterfill, as it became “increasingly clear that the SEC was warming up to the launch of bitcoin spot-based ETFs in the United States.”
The final week of 2023 alone saw $243 million of net inflows into digital asset ETPs.
Marathon Digital Breaks Own Record With 1,853 Bitcoin Mined In December
With more Bitcoin mined in December than any other month, bitcoin miner Marathon Digital Holdings set a new production record.
The Florida-based company reported mining 1,853 Bitcoin in December, up 56% from November and 290% over the same period last year, according to a press announcement dated January 4.
After generating 1,527 BTC in January 2023, Core Scientific had earlier declared that it had mined the most Bitcoin on a monthly basis. The most current numbers from Marathon exceed that by around 300 BTC.
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