El Salvador’s President Bukele tweeted images of an architect’s model of Bitcoin City and the caption that things are ‘coming along beautifully.’ #Bitcoin City is coming along beautifully ❤️ pic.twitter dot com/A6ay8aAREW — Nayib Bukele (@nayibbukele) May 9, 2022 Bitcoin City is a futuristic concept The pictures show a golden disc-shaped model with a hexagonal center and […]
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El Salvador just added another 500 Bitcoin (BTC) — worth roughly $15.5 million — to its reserves after the world’s most popular cryptocurrency fell to almost $30,000 on May 9.
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Luke Taylor / Rest of World:
Survey of 1,800 households in El Salvador shows 61% have abandoned the Chivo bitcoin wallet after withdrawing a free $30 sign-up bonus — Those who stayed are not on the Chivo app for what was intended, using it to keep their dollars safe rather than for crypto. — • BOGOTÁ, COLOMBIA
The Mexican Bitso exchange has been providing its custody and exchange services to Chivo so that the government of El Salvador can buy Bitcoin.