Bitcoin may no longer be legal tender in El Salvador, but Bitcoiners in the country haven't given up on the mission. El Salvador is still Bitcoin country, despite the fact that bitcoin is no longer ...
The IMF yesterday announced they have reached a $1.4 billion loan deal with El Salvador. In return, the Central American country that in 2021 made bitcoin legal tender had to remove some of its ...
Forbes contributors publish independent expert analyses and insights. Javier Bastardo is a Venezuelan covering Bitcoin news since 2017. Bilal Bin Saqib, Minister of Blockcan and Crypto matters of ...
El Salvador's bold foray into Bitcoin (CRYPTO: BTC) has entered a new chapter of profitability. As of May 19, the country's BTC portfolio stands at approximately $644.4 million, with an unrealized ...
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Why El Salvador split $678M in Bitcoin to guard against a quantum threat that isn’t here yet
What exactly did El Salvador do? The government redistributed roughly 6,274 BTC (around $678 million at publication time) from one address into 14 fresh addresses, each capped at 500 BTC, as a ...
This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on Bitcoin City, here. The sun was setting as I rolled into El Zonte, a small surfing village on ...
Forbes contributors publish independent expert analyses and insights. Javier Bastardo is a Venezuelan covering Bitcoin news since 2017. SAN SALVADOR, EL SALVADOR - JUNE 1: In this handout picture ...
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Did El Salvador fake Bitcoin buys to scam the IMF?
In 2021, El Salvador became the first country in the world to make Bitcoin legal tender. President Nayib Bukele said the decision would help the country break free from relying on the US dollar and ...
President Nayib Bukele confirmed the news on X, stating, "Buying 21 bitcoin for Bitcoin Day," as he attached a snippet of the country's official Bitcoin treasury tracker. The latest purchase of 21 BTC ...
This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on El Zonte, here. There was formidable energy at this year’s Plan B conference in El Salvador.
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