Experts had raised concerns about making the digital token an official currency and the rapid execution of new technology on a national scale.
Tag: Bitcoin (Currency)
In Global First, El Salvador Adopts Bitcoin as Currency
President Nayib Bukele has promoted the cryptocurrency as a path to financial freedom, but economic experts and many Salvadorans worry the move brings great risks.
In Global First, El Salvador Adopts Bitcoin as Currency
President Nayib Bukele has promoted the cryptocurrency as a path to financial freedom, but economic experts and many Salvadorans worry the move brings great risks.
El Salvador Becomes First Nation to Make Bitcoin Legal Tender
The digital currency can be used in any transaction and most businesses will have to accept payment in Bitcoin. The U.S. dollar will continue to be El Salvador’s main currency.
Secret Chats Show How Cybergang Became a Ransomware Powerhouse
As the ransomware industry exploded, a Russian-speaking outfit called DarkSide offered would-be computer crooks not just the tools, but also customer support. We got an inside look.
NFT Artwork by Sophia the Robot Sells for Nearly $700,000
An artwork that sold for nearly $700,000 was the latest in the frenzied market for digital art — and possibly the first created in part by a non-human.
China Charges Ahead With a National Digital Currency
The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency.
The Coder and the Dictator
Gabriel Jiménez hated the Venezuelan strongman Nicolás Maduro. But he loved cryptocurrency. When he built the regime a digital coin, he nearly paid with his life.
How Libra, Facebook’s Cryptocurrency, Would Work for You
We break down the new cryptocurrency and what the company hopes you will be able to do with it, even though it hasn’t quite arrived.
Dark Web Drug Sellers Dodge Police Crackdowns
The notorious Silk Road site was shut down in 2013. Others have followed. But the online trafficking of illegal narcotics hasn’t abated.