The internet is laughing at El Salvador’s ‘quantum-safe’ bitcoin
El Salvador’s Bitcoin Office earned skepticism and laughter with bitcoin (BTC) wallet movements to protect against quantum computing.
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IMF claims El Salvador isn’t buying bitcoin despite Bukele’s boasts
The IMF gave El Salvador another $118 million as part of its deal to wind down the state-issued Chivo bitcoin wallet by July 31.
Bitcoin boom adds billions to these government holdings
The UK, US, and El Salvador have seen their BTC holdings gain millions, if not billions, in value as the currency reached new all-time highs.
Bitcoin dev Jon Atack got arrested in El Salvador this weekend
Bitcoin social media sprung into alarm after senior Bitcoin developer Jon Atack tweeted his arrest by El Salvadoran law enforcement.
Every country that has failed to make bitcoin legal tender
Nation-state BTC adoption efforts have entirely failed to convince countries to adopt the world's foremost crypto as legal tender.
El Salvador gets its bitcoin from Bitfinex, raising control concerns
According to articles by Altamirano Publishing in El Salvador, researchers suspect Bitfinex has incredible control over the state’s bitcoin.
IMF wants to doxx Chivo wallets, BTC balances of El Salvador state users
Before El Salvador shuts down Chivo, the IMF wants the names, wallet addresses, and BTC holdings of all legal persons controlled by the state.
IMF approves El Salvador’s $1.4B loan but imposes bitcoin restrictions
The International Monetary Fund approved the loan on the condition that El Salvador scale down its Bitcoin project.
Bitcoin is no longer legal currency in El Salvador
As El Salvador submits to requests by the IMF, it has modified its laws to diminish bitcoin’s role in the economy.
El Salvador bitcoin remittances hit all-time low
Crypto remittances to El Salvador as a proportion of total remittances have fallen to new lows, despite the country embracing digital assets.