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).

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 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.

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.

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).

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.

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.

With New Zealand Exchange Cryptopia in the midst of a liquidation process, hackers seem to consider it an easy victim. Despite it being under the supervision of Grant Thornton liquidators, criminals have stolen over $40,000.

Launched in September 2020, Blender Wallet by Blender.io, a recognized privacy team, represents a new-gen approach to anonymous Bitcoin (BTC) wallets. It merges an unparalleled level of decentralization and an intuitive user interface.