Wallet

El Salvadoran Migrants Send Money Home Using Bitcoin: $3 Million Worth of Remittances Received in One Day
Oct 18, 2021 at 10:31
News
El Salvadoran Migrants Send Money Home Using Bitcoin: $3 Million Worth of Remittances Received in One Day
El Salvadorans seem to confirm that Bitcoin is the best solution for remittances between countries. According to President Nayib Bukele, the national Chivo wallet registered over $3 million worth of transactions in Bitcoins, most of which were sent from abroad.
Danger into Profit: El Salvador is Going to Use a Volcano for Bitcoin Mining
Oct 01, 2021 at 11:35
News
Danger into Profit: El Salvador is Going to Use a Volcano for Bitcoin Mining
Volcanoes are known for their catastrophic destructive potential. The citizens of Pompei knew this full well. However, with the advancement of mankind, even this mighty force of nature does not seem so scary anymore. Some crazies have found a way to harness it for profit. For bitcoin mining, for example.
El Salvadorans Embrace Bitcoin Despite Problems with the National Wallet
Sep 23, 2021 at 13:10
News
El Salvadorans Embrace Bitcoin Despite Problems with the National Wallet
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).
Chivo Users Continue to Experience Difficulties Despite the President Saying Everything is Fixed
Sep 18, 2021 at 11:40
News
Chivo Users Continue to Experience Difficulties Despite the President Saying Everything is Fixed
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.
El Salvador Makes Bitcoin Official Currency, Sending Price to about $52,000 and Then Crashing Below $45,000
Sep 08, 2021 at 13:33
News
El Salvador Makes Bitcoin Official Currency, Sending Price to about $52,000 and Then Crashing Below $45,000
The Central American Republic El Salvador is the first country in the world to make Bitcoin the official national currency. The Bitcoin exchange rate reached a high of $52,445 in the last 24 hours, but then crashed and traded below $45,000.
Custodial and Non-Custodial Exchanges: Choosing the Right Type for Your Strategy
Aug 23, 2021 at 13:50
News
Custodial and Non-Custodial Exchanges: Choosing the Right Type for Your Strategy
One of the most exciting innovations brought to financial ecosystems by blockchain is the capability to execute digital transactions between two parties without the need for an intermediary.
Extraordinary Act on LEC Charity Community! An Act by a VC?
Aug 13, 2021 at 10:15
News
Extraordinary Act on LEC Charity Community! An Act by a VC?
There was an extraordinary proposal being raised by a tycoon on the voting page of the world’s 1st decentralized charity project, LEC (Love Earth Coin).
Digital Wallets for Fiat vs Cryptocurrency Wallets: Which is Better?
Jun 21, 2021 at 08:20
News
Digital Wallets for Fiat vs Cryptocurrency Wallets: Which is Better?
General digitization has brought most of the world's population online. Most operations from virtually all walks of life, including payments, are going digital. Therefore, wallets have also gone digital. Storing money in a pocket is a relic of the past.
Digitization Trends: Mobile Wallet Use Sees a 70% Growth
Mar 25, 2021 at 14:30
News
Digitization Trends: Mobile Wallet Use Sees a 70% Growth
Digital wallets have been here for decades but its adoption and use has grown by about 70% during the Coronavirus plague era and expected to double this figure by 2025.
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