Tag: El Salvador

Amid the continuing bull run, El Salvador’s conventional Bitcoin (BTC) usage grows as people swap their US dollar savings for Bitcoin. The president of El Salvador, Nayib Bukele, announced this new development on Twitter based on data collected by El Salvador’s in-house wallet service, Chivo. 2 new Chivo Facts: 1. People are inserting way more […]

The claim by El Salvador President, Nayib Bukele, that about a third of Salvadorans are utilizing the Chivo wallet may be true, but a new report suggests that many people registered on the app were onboarded without their consent. Local media platform, Elsalvador.com highlights that the incidence of identity theft is soaring in the nation, […]

El Salvador president Nayib Bukele, in a bundle of tweets, announced that the country would use a portion of its $4 million BTC profits for building an animal hospital.  Bukele said that he is planning to start the work of the pet hospital by the El Salvador trust soon. He informed that after making BTC […]

Buterin took to a Reddit thread to give his thoughts. Ethereum founder Vitalik Buterin has taken to Reddit to hit out at El Salvador over the country’s adoption of Bitcoin as a legal tender. In what is arguably one of the largest crypto adoption milestones to date, Buterin is all but impressed with the move. […]

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July 25, 2024

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