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You could be ElSalvador. ElSalvador's president, Nayib Bukele, is a big crypto bro and he's invested big into Bitcoin. And when I say he invested in Bitcoin, I mean the El Salvadorian taxpayers have invested in Bitcoin because that's whose money he's used to buy Bitcoin. But time is not on ElSalvador's side.
Weeks ago, ElSalvador became the first country in the world to declare Bitcoin a form of legal tender, spending $225 million and increasing its government stockpile to 550 Bitcoins as part of a rollout designed to cement the country as a world leader in cryptocurrency. On Friday, president and right-wing populist… Read more.
ElSalvador may soon become the first sovereign nation in the world to adopt bitcoin as a legal tender, Salvadorian President Nayib Bukele announced Saturday. Read more.
The government of ElSalvador purchased at least 200 bitcoin recently, ahead of the country officially recognizing bitcoin as a form of legal currency on Tuesday. The purchase brings the government’s total holdings to at least 400, the equivalent of roughly $20.5 million in crypto based on this morning’s price. Read more.
ElSalvador has become the first country in the world to recognize the cryptocurrency bitcoin as legal currency, according to President Nayib Bukele in a tweet on Wednesday. Citizens will be able to pay taxes in bitcoin and, perhaps most importantly for bitcoin diehards, bitcoin won’t be subject to capital gains taxes… Read more.
ElSalvador will give every adult citizen $30 in bitcoin, provided they download and register the government’s cryptocurrency app, known as Chivo, according to President Nayib Bukele. Read more.
At the time of the announcement, Unai Extremo, Chief Executive and Founder, Virtualware , explained that he was “thrilled” the University of ElSalvador could “improve the way people teach and learn” with VIROO.
Since its inception in 2004, Virtualware has secured significant partnerships to drive XR in the enterprise space, working with firms such as GE Hitachi Nuclear Energy, Ontario Power Generation, Gestamp, ADIF, the Spanish Ministry of Defense, Invest WindsorEssex, McMaster University, University of ElSalvador, and EAN University.
The 40-year-old right-wing president of ElSalvador, Nayib Bukele, is once again betting on bitcoin to propel the country forward. His dubious plan is, essentially, to build a “Bitcoin City” powered by geothermal energy from a volcano to help raise the cryptocurrency’s profile and encourage its widespread use. Read more.
Using a combination of archaeological and geological evidence, scientists have finally pinpointed the date of the infamous Tierra Blanca Joven eruption, which likely devastated Maya communities in what is now ElSalvador. Read more.
For instance, the University of ElSalvador (UES) , the only public higher education institution in the country, has installed 7 virtual reality laboratories in 2022 and 2023 to enhance students’ learning in health, engineering, and architecture.
More than 1,000 people took to the streets of San Salvador, ElSalvador on Tuesday to protest against the country’s new Bitcoin Law , championed by 40-year-old President Nayib Bukele. The law recognizes bitcoin as legal tender, and is considered a huge gamble for one of the poorest countries in Latin America. Read more.
ElSalvador's president Nayib Bukele announced on Twitter that the country purchased 500 Bitcoin while the market was tanking. However, ElSalvador had prior investments in the crypto, bringing its total holdings to 2,301 Bitcoin. As of publishing, ElSalvador was down $35 million on its Bitcoin investment.
” So far, the Family Reunions Project has helped bring together 15 families in Mexico, Peru, Guatemala, ElSalvador and Brazil, thanks to grants from organizations such as Culture Strike , FUSE and the Tribeca Film Institute.
Around 1,500 years ago, a powerful volcanic eruption laid waste to what is now ElSalvador, sending the Maya civilization into a temporary period of decline. New research suggests a monumental pyramid located near the volcano was built by the Maya shortly afterward, as a response to the natural disaster. Read more.
It also works with over 40 institutions, businesses, and organisations, including GE Hitachi Nuclear Energy, the Spanish Ministry of Defense, the University of ElSalvador, the Spanish Administrador de Infraestructuras Ferroviarias (ADIF), and many more.
SEE ALSO: ElSalvador loses half its investment in Bitcoin as crypto plunges. According to Techcrunch, another popular cryptocurrency, Ethereum (ETH), is down 80% since its record high back in November. ETH is trading at half of what it was a month ago, with it now being exchanged below $1,000.
Bitcoin has officially been recognized as a legal currency in the Central African Republic Agence France-Presse reports, making it the second country in the world to officially adopt it as an official tender. Read more.
Notorious Israeli surveillance company’s NSO Group’s Pegasus software appears to have been used once again in an authoritarian spying campaign despite recent reports the company itself is hemorrhaging cash over rising debt and growing international scrutiny. This time, Pegasus was reportedly used to infect the devices… Read more.
With the agreement, the client will use VIROO at the University of ElSalvador to prepare future workforces. For over 20 years, the ElSalvador-based company has forged partnerships across academic, public, and private sector organisations. million deal will lock in VIROO subscription plans over three years’ time.
IRVINE, CA February 12, 2025 EON Reality, the world leader in AI-assisted Virtual Reality and Augmented Reality-based knowledge transfer for industry and education, announces its strategic partnership with Escuela Superior de Economa y Negocios (ESEN), a well-known and respected higher education institution in ElSalvador.
Revolutionizing Learning Landscapes: EON Reality Introduces Groundbreaking XR Education in ElSalvador Irvine-CA, ElSalvador – March 15, 2023 – EON Reality, a global leader in virtual and augmented reality educational solutions powered by artificial intelligence, is delighted to announce the launch of its innovative EON-XR platform in ElSalvador.
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