Search
'Dictator' Bukele 'Buys the Bitcoin Dip' as 1.1M Users Flock to Chivo Wallet
20.9.2021
d “bought the dip.”The government has highly incentivized the use of the Chivo app – although it claims that Chivo use is optional – by giving those who download it in El Salvador USD 30 worth of BTC as a golden hello.Bukele claimed that the Chivo app and his BTC adoption plans were al
Salvadoran Court of Accounts to Investigate Government’s Bitcoin ATM Buys, Chivo Kiosk Construction
17.9.2021
According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the government’s bitcoin automated teller machine (ATM) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption...
Vitalik Buterin Among Time’s 100 Most Influential People of 2021
17.9.2021
Vitalik Buterin, a co-founder of Ethereum, the second-largest cryptocurrency by market cap, has made Time magazine’s list of the 100 most influential people of 2021. The programmer was listed as an innovator, and Time valued his ability to empower other creators with his continued support...
Bukele Says Chivo Bitcoin App Is Running at 100%, but Storms Are Brewing
17.9.2021
number of technical issues that had blighted the September 7 rollout had been “95% addressed,” Bukele
El Salvador's credit rating could take hit amid Bitcoin adoption warns S&P Global
17.9.2021
S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating
Thousands Joined Anti-Bitcoin March in El Salvador, BTC ATM Torched
16.9.2021
ps://apnews.com/article/technology-elections-bitcoin-nayib-bukele-el-salvador-b4ca6f06417074dbd254a205a452b426">reported. The protesters argued that Bukele has too much power concentrated in his hands, and that he has weakened the courts’ independence. These marchers are firmly against his seeki
Protesters burn Bitcoin ATM as part of demonstration against El Salvador president
15.9.2021
The Chivo machine could be seen defaced with anti-BTC logos and a sign saying “democracy is not for sale.”
El Salvador's Bitcoin wallet is '95% fixed,' President Bukele says
14.9.2021
El Salvador’s state Bitcoin wallet has continued facing major issues in a week after the official rollout
Bukele Promises to Fix Chivo Bitcoin App Bugs, Says it Has 0.5m Users
14.9.2021
series of Twitter posts, Bukele claimed variously that a number of technical-related problems had been “95% addressed,” adding that remaining issues would be ironed out “in the next fe
Report Says Western Union Could Lose $400M if El Salvador’s Chivo Bitcoin Wallet Gains Traction, Tim Berners-Lee Weighs In
10.9.2021
The Republic of El Salvador has made many headlines this week as the country adopted bitcoin as legal tender on Tuesday and became the first-known nation-state to purchase the leading crypto asset. A recent report details that remittance providers like Moneygram and Western Union could lose up...
El Salvador's bonds suffer as Bitcoin Law takes effect
10.9.2021
Bond investors appear to be betting against El Salvador’s controversial Bitcoin Law, but other factors need to be taken into account
Salvadoran Government’s Chivo Wallet Experiences Hiccups, Some Residents Can’t Claim $30 BTC Reward
8.9.2021
On the day El Salvador implemented the bitcoin tender law, the official government wallet called the Chivo wallet had some initial issues for five hours on Tuesday. Residents could not leverage the application and had issues accessing the app on Apple’s App Store and Google Play....
First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country’s BTC Stash Grows
8.9.2021
Bitcoin is now legal tender in El Salvador, and the country’s bitcoin stash has grown to 550 coins. The Salvadoran government started buying the cryptocurrency Monday ahead of the Bitcoin Law taking effect. On Tuesday, President Nayib Bukele said El Salvador bought the dip. El Salvador Buys...
Bitcoin’s Legal in El Salvador – But Still Has a Mountain to Climb
7.9.2021
ntroversy is already blighting the move, masterminded by the El Salvador President Nayib Bukele. Some claim that a clause in the new law that forces businesses to accept BTC as a form of payment if requested is an example of “strong-arm tactics.”In a bid to drive up the pace of adoption – and
Bitcoin Becomes Legal Tender With Unfriendly Welcome by Apple & Google
7.9.2021
dnight has passed in El Salvador, where it is now September 7, the day when the law making BTC legal tender promulgates.Yesterday, Bukele took to Twitter to first warn of “incomi
El Salvador purchases first 200 BTC, President Bukele confirms
6.9.2021
El Salvador is the first country in the world to recognize Bitcoin as legal tender. Despite opposition from local groups, the government believes cryptocurrency will be a net positive for the economy and society
El Salvador Starts Mass Buying Bitcoin Ahead of BTC Becoming Legal Tender Tomorrow
6.9.2021
Bitcoin will become legal tender in El Salvador on Tuesday, Sept. 7. The Salvadoran government has started buying bitcoin ahead of the law taking effect. The first 200 coins have been purchased and “a lot more” are coming, said President Nayib Bukele. El Salvador Begins Mass Buying...
’30for30′ Bitcoin Solidarity With El Salvador Trend Tries to Convince People to Buy $30 in BTC Tomorrow
6.9.2021
It’s a big day for El Salvador this Tuesday, as the country’s new legal tender law will be enforced. A great number of bitcoin supporters have plans to purchase $30 worth of bitcoin to show support for the upcoming implementation of the bitcoin tender law. The $30 increment...
70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near
3.9.2021
The majority of El Salvadorans are skeptical of the country’s impending Bitcoin Law, with 90% of locals describing their understanding of crypto as poor or non-existent
Legislative Assembly of El Salvador approves $150M Bitcoin Trust
1.9.2021
El Salvador's government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize use of the state-backed "Chivo" wallet