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El Salvador buys a smokin' hot 420 more Bitcoin
28.10.2021
The recent purchase brings the Latin American nation’s stash to about 1,120BTC
Buoyant Bitcoin Prices Met with Silence by El Salvador’s Anti-BTC Critics
27.10.2021
As bitcoin (BTC) prices continue to hover around the USD 60,000 mark, a kind of hush has fallen over much of the El Salvador mainstream media – most of which is vehemently opposed to both President Nayib Bukele and his bitcoin adoption drive....
Read More: Buoyant Bitcoin Prices Met with Silence...
Latin America stands to benefit most from crypto, says Uphold exec
27.10.2021
Uphold CEO JP Thieriot said that the nature of life in Latin America begs for use cases based on Bitcoin
Cryptocurrency ATM Boom Comes to Colombia
24.10.2021
While Colombia is not a country that has embraced cryptocurrencies compared to Venezuela or some African countries, it is the country with the second most cryptocurrency ATMs in the Latam region. The reason behind this could be that Colombia has a high percentage of cash usage. This makes...
Airline Volaris to Accept Bitcoin in El Salvador
20.10.2021
Volaris, the El Salvador-based airline, has started accepting Bitcoin as a payment method. Nayib Bukele, the Salvadoran President, released the news on 19th October. Bitcoin has been on a roll for the past few weeks, crossing the 60,000 dollar mark comfortably. The latest announcement boosted...
Subsidiary of Mexican airline Volaris accepts Bitcoin payments
20.10.2021
El Salvador's Bitcoin adoption agenda continues apace, this time extending to a local airline
Bitcoin adoption won’t affect IMF talks, says El Salvador’s top central banker
19.10.2021
The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan
El Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpers
19.10.2021
Users of the Salvadoran government’s Chivo wallet will not be able to see frozen price quotes until the feature has been removed to deter arbitrage scalpers
Microstrategy CEO Advises Nigeria and Zimbabwe to Adopt Bitcoin Standard, Says BTC Is ‘Kingmaker’
19.10.2021
Microstrategy CEO Michael Saylor has suggested Nigeria and Zimbabwe issue currencies that are backed by bitcoin if they want to fix their economies. He surmised that using the bitcoin standard will end starvation and allow citizens of both countries to have a decent life. National Currencies Backed...
El Salvador Bitcoin ‘Scalpers’ Force App Turnaround as Chivo Criticism Continues
19.10.2021
The government of El Salvador has come under scrutiny again for its Chivo bitcoin (BTC) app and wallet – after its operators temporarily froze price viewing on Chivo to stave off “scalpers.”
In a series of tweets on Monday, the official Chivo Twitter account explained:
“We had to temporarily...
Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets
17.10.2021
On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces...
Corporations & Countries Watch and Learn From El Salvador's Bitcoin Experiment
17.10.2021
It has now been more than a month since El Salvador officially began enforcing a law making bitcoin (BTC) legal tender within the Central American country. Much has been of the rapidity with which this law was proposed and then passed, with protests suggesting that at least some of the local...
Salvadoreans are now selling ‘way more’ US Dollars to buy Bitcoin
16.10.2021
President Bukele confirms that Chivo has reported 24,076 remittance requests, which has added up to $3,069,761.05 in one day
Bank of Spain Criticizes El Salvador’s Foray Into Bitcoin
13.10.2021
The Bank of Spain, the central bank of the country, criticized the adoption process El Salvador chose when declaring Bitcoin legal tender last month. In a report titled “The role of crypto assets as legal tender: the example of El Salvador,” the bank examines several pain points...
BitMEX CEO predicts Bitcoin will be legal tender in five countries by 2022
11.10.2021
Developing economies are more affected by issues related to remittances and inflation, BitMEX's CEO said
Salvadoran President Nayib Bukele Announces Construction of Vet Hospital With Bitcoin Trust Funds
11.10.2021
Nayib Bukele, president of El Salvador, announced yesterday he will start using surplus funds from the country’s bitcoin trust. Part of the $4 million excedent will be invested in a vet hospital that will offer different services for the pets of Salvadoran citizens. Bukele explained this...
‘Identity Theft’ Criminals Plundering El Salvador Bitcoin Wallet Funds
11.10.2021
een stealing others’ identities to register the app in other people’s names, using stolen ID documents to complete the process – allowing them to accrue larger quantities of BTC.The newspaper El Diario de Hoy’s website
El Salvador to build $4M veterinary hospital using profits from Bitcoin trust
11.10.2021
Salvadoran president Nayib Bukele said no Bitcoin will be sold to fund the investment, with the state instead drawing USD from its Bitcoin trust
B2BinPay: How to Find a Reliable Provider of Bitcoin Payments
10.10.2021
PRESS RELEASE. Bitcoin is not just the first cryptocurrency to have come onto the scene – the role of this asset has substantially increased in recent years. Giant corporations like Tesla and Xiaomi have added BTC to the list of payment options, while El Salvador has made Bitcoin a legal...
Arcane Research predicts 700 million Lightning Network users by 2030
8.10.2021
Arcane Research says that Lightning Network usage has been on a steep upwards trajectory since late last year, but in September growth went parabolic off the back of El Salvador's Bitcoin adoption