El Salvador


Videos

University of Toronto Researcher: El Salvador's Bitcoin Experiment 'Tells Very Concerning Story'

The Citizen Lab at the University of Toronto's Munk School has published a research paper investigating the Pegasus spyware hacking of media and civil society in El Salvador. Senior Researcher John Scott-Railton shares insights into the key findings. "What has been happening in El Salvador on the technical side tells a very concerning story," Scott-Railton said. Plus, what's the appeal of El Salvador President Nayib Bukele?

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Markets

Fidelity: ‘Countries That Secure Some Bitcoin Today Will Be Better Off Than Their Peers’

Even if a country doesn’t agree with the fundamentals of bitcoin, it will be forced to acquire some as a form of insurance, Fidelity wrote in a recent report.

Pedestrians pass a Fidelity Investments office in Boston, Ma

Videos

Is El Salvador President Nayib Bukele Really the Bitcoin Hero We Need?

New reporting has found strong evidence Salvadoran President Nayib Bukele sought to undermine freedom of speech in the Central American nation, contradicting Bitcoin’s core values.

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Opinion

Nayib Bukele Is Not the Bitcoin Hero We Need

Evidence that El Salvador's president has targeted journalists and suppressed free speech contradicts Bitcoin's core values.

El Salvador President Nayib Bukele has reportedly targeted journalists with spyware. (Michael Nagle/Bloomberg via Getty Images)

Videos

CoinDesk Releases Annual Report Highlighting Key Trends in Crypto

CoinDesk Research Associate George Kaloudis joins the “First Mover” panel to discuss the 2021 CoinDesk Annual Report. Topics include the decline of bitcoin dominance, Ethereum gas fees triggering the rise of scaling-focused altcoins like Polygon and Solana, and how El Salvador’s legalization of bitcoin impacted the crypto market. Plus, a look into the future of bitcoin mining as Kazakhstan, the country that became second only to the US in bitcoin mining hashrate, is suffering the worst protests in 30 years and internet blackouts.

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Markets

Salvadoran President Bukele Expects Bitcoin to Reach $100K This Year

El Salvador adopted bitcoin as an official currency last year.

El Salvador (Esaú González, Unsplash)

Policy

El Salvador to Build New Stadium in Collaboration With China, Bukele Says

The president of the only country where bitcoin is legal tender tweeted the news on New Year’s Eve.

El Salvador flag (Getty Images)

Videos

Why Is China Helping ‘Bitcoin Nation’ El Salvador Build a New National Stadium?

El Salvador President Nayib Bukele continues to grab headlines, announcing in a New Year’s Eve tweet that the country will build a new national stadium in collaboration with China. Why is an anti-bitcoin country dealing with the bitcoin nation? “The Hash” team dissects the clashing of narratives.

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Finance

After Identity Theft, Salvadorans Now Report Funds Disappearing From Chivo Wallets

Dozens of Salvadorans say that money has vanished from their wallets. And some report being approached by scammers when they tried to get help.

SAN SALVADOR, EL SALVADOR - SEPTEMBER 14: A man attempts to take cash out from a Chivo ATM at Centro Historico on September 14, 2021 in San Salvador, El Salvador. Bitcoin has been a legal tender in El Salvador since Tuesday when the law that regulates its use in all economic operations came into force, on par with the dollar. (Photo by Camilo Freedman/APHOTOGRAFIA/Getty Images)

Markets

Market Wrap Year-End Review: El Salvador Adopted Bitcoin, Then Bought the Dip

The country’s adoption of BTC as legal tender wasn’t enough to keep the cryptocurrency near $50K in September.

El Salvador (Esaú González, Unsplash)