Five years after making Bitcoin legal tender, El Salvador has rolled back the mandate requiring merchants to accept it, following pressure from the IMF tied to a $1.4 billion loan. While Bitcoin remains accepted, its use in remittances and financial inclusion has been minimal. The government still holds a significant Bitcoin reserve worth around $500 million and continues to buy more. The experiment boosted El Salvador's global profile but showed limited practical benefits, signaling challenges for other countries considering similar moves.
Zefiro Methane Corp. has released a 25-minute educational documentary titled "The Hazard Below," focusing on the environmental crisis caused by orphan oil and gas wells in the US. The film features interviews with environmental experts and Zefiro exe...
Solana is set to launch the Alpenglow upgrade, which targets reducing transaction finality from about 12.8 seconds to just 150 milliseconds. This upgrade will make transactions effectively irreversible much faster, benefiting payments and decentraliz...
Bitcoin and XRP are under selling pressure due to regulatory delays, weak ETF demand, and rising U.S. Treasury yields. Bitcoin trades near $62,800, while XRP hovers around $1, a critical support level. The U.S. SEC has postponed key regulatory meetin...
Bitcoin's 365-day running return on investment (ROI) has dropped to about 0.514, meaning holders who kept Bitcoin for a year have lost roughly 49% of their investment value. This negative ROI signals a tough market phase, similar to past bear markets...
South Korean crypto exchanges Upbit and Bithumb will delist Storj (STORJ), JasmyCoin (JASMY), and ThunderCore (TT) on September 14 after concluding that the issues behind earlier warning designations remain unresolved. Storj Labs filed for Chapter 11...
