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El Salvador
Jack Mallers’ Crypto Payment Firm Strike Raises $80M
Jack Mallers, CEO and founder of Chicago-based bitcoin payment provider Strike, discusses bitcoin as a store of value, use cases of the Bitcoin payments system, and the Lightning Network. Plus, Mallers’ take on El Salvador’s bitcoin experiment and how Strike plans to use its latest $80 million raise.
Jack Mallers on El Salvador’s Bitcoin Experiment
September marks the one-year anniversary of El Salvador adopting bitcoin (BTC) as legal tender. Jack Mallers, the Chicago-based company executive known for helping El Salvador adopt bitcoin, reflects on the milestone.
Bitcoin Lake Project Founder on Sustainable Crypto Mining Through Used Cooking Oil
Some residents in Guatemala are taking a cue from El Salvador's Bitcoin Beach, aiming to use cooking oil remnants that could otherwise make its way into a local lake in Panajachel (Pana), for bitcoin (BTC) mining. Bitcoin Lake Founder Patrick Melder shares insights into the project. "It's the first time in the world that cooking oil is being used to create energy to mine bitcoin," Melder said.
El Salvador Debt Downgraded to CC Rating as President Bukele Seeks Re-Election
El Salvador is likely to default on a January debt repayment because it has limited market access to raise the funds needed, in part because of its bitcoin adoption, according to rating agency Fitch. Meanwhile, President Bukele announced that he will seek re-election, according to a Reuters report. "The Hash" panel discusses the outcome of President Bukele's bitcoin initiatives and the chances for him to be re-elected after his term ends in 2024.
El Salvador lanza dos ofertas de recompra de deuda en medio de la incertidumbre sobre su bono bitcoin
Las propuestas fueron consideradas un intento de contrarrestar las especulaciones sobre un potencial default por parte del país centroamericano.
BTG Pactual Exec on El Salvador’s First Year of Bitcoin Adoption
BTG Pactual's Head of Digital Assets Andre Portilho joins "First Mover" to discuss crypto market growth in South America, citing El Salvador's one-year anniversary of adopting bitcoin as legal tender. Given the "technology challenges," we have yet to know whether President Bukele succeeded or not, he said.
El Salvador retrasa la emisión de los bonos bitcoin, según Paolo Ardoino, CTO de Bitfinex
Ardoino, también CTO de Tether, espera que el bono aún pueda implementarse este año.
El Salvador Defends Bitcoin Bet Despite 50% Loss on its Investment
El Salvador’s finance minister is doubling down on the country’s strategy to adopt bitcoin as a national currency, despite a 50% loss in its crypto investment, according to Bloomberg. London School of Economics Public Policy Fellow Frank Muci reacts to President Nayib Bukele's sovereign debt repurchase plan and shares his outlook on El Salvador's bitcoin bet.
El Salvador compra 80 bitcoins adicionales a $19K cada uno, según el presidente Bukele
La última compra del país centroamericano había sido en mayo.
Con la caída del mercado, El Salvador registra pérdidas por $52 millones en tenencias de bitcoin
El país ha invertido $104 millones en bitcoin desde que esa criptomoneda se convirtió en moneda de curso legal, en septiembre.
