25% Of Salvadorians Have Downloaded The Bitcoin Wallet Dissolving Fears Of A ...

Despite a three-month restriction on protests, a group of El Salvadorians comprised of leftist unions, student organisations, and others gathered at the Legislative Assembly to denounce the country’s acceptance of Bitcoin as its official currency. El Salvadorians Are Divided On Bitcoin Adoption A group of demonstrators gathered outside El Salvador’s National Assembly to express their […]

The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with other apps have contributed to an increase of digital yuan payments, media reports unveil. Wallet Launch Boosts Digital Yuan Ahead of Lunar New Year and Winter Olympics In the week after it was offered to the public, the digital yuan (e-CNY) wallet has placed among China’s most downloaded apps. On Wednesday, a day after its premiere, its downloads exceeded those of....

El Salvador has now marked its 10th day of bitcoin being legal tender in the country. This is a huge milestone that could not have been predicted to happen this soon. But as with bitcoin, everything is happening on an accelerated timeline. The country had introduced its own government-backed crypto wallet named Chivo in order to enable its citizenry to spend bitcoin in the country. The adoption of this wallet was incentivized by the El Salvadoran government, which said that it was giving away $30 in BTC to every citizen 14 and above who downloaded the Chivo app. This announcement had come....

Nearly half a million e-naira wallets have been downloaded a few weeks after the central bank digital currency (CBDC) was officially launched by Nigerian President Muhammadu Buhari, the central bank has said. E-Naira’s Initial Trade Volumes In addition to the 488,000 wallets that have been downloaded, Osita Nwanisobi, who is the Central Bank of Nigeria (CBN)’s spokesman, is quoted confirming that a total of 78,000 merchants from 160 countries have now enrolled to become a part of the e-naira ecosystem. Despite the CBDC’s seemingly early success, a report by Bloomberg....

The world's most popular Bitcoin wallet with more than 8 mln Blockchain wallet users is down. As at the time of this publication, Blockchain.info has been down for more than four hours. The web server reports a bad gateway error, with a message on the website’s landing page that says: “Looks like our site is down. We're working on it and should be back up soon”. A tweet from the wallet says they are looking into a DNS issue. In another tweet, they say they are making progress with resolving the issue but need several hours to fully restore services. However, as expected, since many users....