Despite reported issues with Chivo wallet, the citizens of El Salvador actively embrace bitcoin as their second national currency. About 25% of the population shifted to cryptocurrency including Bitcoin (BTC).
It seems that the introduction of Bitcoin in El Salvador is not going as smoothly as expected. Although President Bukele publicly assured citizens that the problems with the Chivo wallet have been fixed, users are still reporting issues.
The President of the Republic El Salvador is the first president in the world to show such high-level support for cryptocurrencies. He will soon make Bitcoin legal in his country. Even then, crypto users in El Salvador may need to be careful with their personal data.
The story of the gaming industry begins more than 80 years ago. Initially perceived as a curious but strange concept, it lacked interest and was considered to be a one-time sensation that would spark like the flame of a match and then disappear. Today, gaming has become a billion dollar sector. What was the journey that the industry came through to become so successful today?
The world of decentralized finance has gained its popularity for various reasons such as low costs, more transparency, increased reliability and trust, faster transactions, and much more. However, one specific characteristic of DeFi plays the part of the primary driving force behind its popularity: incentives.
Revolut has rolled out cryptocurrency withdrawals to give its users the new option of transferring their digital currency. The feature allows withdrawals to private wallets outside of the Revolut ecosystem in an effective, fast and secure manner.
During the Covid-19 pandemic where congregating is a very big risk to our health, cryptocurrency has become a godsend to gamblers because it provides the unmatched social distancing required in the fight against coronavirus.