El Salvador: The $300 Million Bitcoin "Revolution" Is Crashing In The World's First Bitcoin-Legalizing Country
Summary by NewsWall Apr 19 23
- Despite criticism, backlash, and warnings from many countries and financial institutions, the country moved ahead with the historic decision, giving birth to what is now its $300 million "bitcoin revolution."
- El Salvador's President Bukele announced on the day the Bitcoin Law went into effect last year that the country has begun to deposit bitcoin to government coffers.
- El Salvador President Nayib Bukele revealed intentions to build the world's first 'BITCOIN CITY' during a speech at the Latin Bitcoin conference in November 2021.
- Bitcoin City is coming together nicely. pic.twitter.com/A6ay8aAREW
Story Details
| Last Updated | Nov 15 22 |
| Total Articles | 32 |
Main Topics
News on this topic
Echoes of history in the FTX crypto collapse: The 21st century has been one financial scandal after another
theweek.com/briefing/1018416/in-the-ftx-crypto-collapse-echoes-of-recent-history
Sam Bankman-Fried’s $40m Bahamas penthouse reportedly up for sale: Entrepreneur at center of FTX scandal put luxury residence up for sale the same day crypto ...
theguardian.com/technology/2022/nov/14/sam-bankman-fried-bahamas-penthouse-ftx-crypto
Sam Bankman-Fried 'lied to his users, his shareholders, regulators': Binance CEO: "I think Sam lied to his employees, his users, his shareholders ...
markets.businessinsider.com/news/currencies/ftx-crash-sam-bankman-fried-lied-regulators-binance-changpeng-zhao-2022-11
More news on this subject
Previous
Echoes of history in the FTX crypto collapse: The 21st century has been one financial scandal after another
theweek.com/briefing/1018416/in-the-ftx-crypto-collapse-echoes-of-recent-history
Sam Bankman-Fried’s $40m Bahamas penthouse reportedly up for sale: Entrepreneur at center of FTX scandal put luxury residence up for sale the same day crypto ...
theguardian.com/technology/2022/nov/14/sam-bankman-fried-bahamas-penthouse-ftx-crypto
Sam Bankman-Fried 'lied to his users, his shareholders, regulators': Binance CEO: "I think Sam lied to his employees, his users, his shareholders ...
markets.businessinsider.com/news/currencies/ftx-crash-sam-bankman-fried-lied-regulators-binance-changpeng-zhao-2022-11
Cathie Wood's ARK Invest keeps buying more crypto assets despite FTX bankruptcy: One of the Ark Invest funds added to its holdings of the Grayscale Bitcoin Trust ...
cnbc.com/2022/11/15/cathie-woods-ark-invest-keeps-buying-more-crypto-assets-despite-ftx-bankruptcy.html
Paid articlePaid
Fallen FTX Founder Bankman-Fried Posts Erratic, Disturbing Messages: Sam Bankman-Friend and FTX are under investigation after the abrupt bankruptcy of the ...
thestreet.com/investing/cryptocurrency/fallen-ftx-founder-bankman-fried-posts-erratic-disturbing-messages
The fall — and arrest — of FTX CEO Sam Bankman-Fried: After quickly amassing political and philanthropic influence, the former billionaire has been arrested for ...
vox.com/the-goods/23458837/sam-bankman-fried-ftx-sbf-downfall-explained
FTX's new CEO helped bolster Enron victims' recovery: FTX Trading's new CEO John J. Ray III, a lawyer tapped to lead the collapsed crypto exchange's ...
reuters.com/technology/ftxs-new-ceo-helped-bolster-enron-victims-recovery-2022-11-15/
Biggest crypto exchange Binance urges new industry rules: The boss of Binance tells the G20 the collapse of a rival exchange shows crypto needs regulations.
bbc.com/news/technology-63624890
Ontario Teachers' Pension Plan invested US$95M into failing crypto platform FTX: The Ontario Teachers' Pension Plan says it invested US$95 million into failing ...
torontosun.com/news/provincial/ontario-teachers-pension-plan-invested-us95m-into-failing-crypto-platform-ftx
Cryptoverse: So long, Solana? Ether rival clobbered by FTX crash: Solana, a poster coin of the crypto future, is in trouble.
reuters.com/technology/cryptoverse-so-long-solana-ether-rival-clobbered-by-ftx-crash-2022-11-15/
The risky business of Sam Bankman-Fried | Mint: The FTX founder’s approach to risk fueled his rise to the top of the crypto world. Then came the catastrophic ...
wsj.com/articles/ftx-crypto-sam-bankman-fried-11668446621
After FTX collapse, cryptocurrency sector fights back: The failure of the FTX platform has undermined investor confidence and threatened the young cryptocurrency ...
news.yahoo.com/ftx-collapse-cryptocurrency-sector-fights-201504567.html
Rhino Jumps In Joy After Seeing Caretaker, Video Will Melt Your Heart : Rhino's are usually taken as a rather rigid, hard-to-move kind of animals ...
indiatimes.com/worth/news/el-salvador-300-million-dollar-bitcoin-revolution-crashing-584792.html
Who is Sam Bankman-Fried? A look at the 30-year-old crypto prince who lost billions
iol.co.za/business-report/entrepreneurs/who-is-sam-bankman-fried-a-look-at-the-30-year-old-crypto-prince-who-lost-billions-13010ce3-22bb-41de-bb92-52744c11e414
Changpeng Zhao: The Man Who Killed FTX: Behind the collapse of the major crypto exchange is also the rivalry between two billionaires: Sam Bankman-Fried and ...
sueddeutsche.de/wirtschaft/krypto-changpeng-zhao-ftx-binance-bitcoin-1.5695787
Paid articlePaid
Ethereum Co-Founder Vitalik Buterin Is Planning This Cryptocurrency Safeguard, Changpeng Zhao Tells Benzi
benzinga.com/markets/cryptocurrency/22/11/29705046/ethereum-co-founder-vitalik-buterin-is-planning-proof-of-reserves-protocol-changpeng-zhao-
The "King of Crypto" reigns: calming down on the crypto market: The new “crypto king”, Binance boss CZ, is stabilizing the market with statesmanlike ...
faz.net/aktuell/finanzen/nach-ftx-pleite-binance-chef-cz-beruhigt-kryptomarkt-18459894.html
FTX implosion could affect 'more than one million' investors: Bankruptcy documents filed by FTX indicate that it currently faces more than 100,000 creditors ...
engadget.com/ftx-collapse-could-affect-more-than-one-million-investors-111742474.html
Sam Bankman-Fried said he's about to explain what happened at FTX: Sam Bankman-Fried, the cofounder and until recently CEO of FTX, posted a series of tweets ...
businessinsider.com/sam-bankman-fried-ftx-collapse-improvising-cryptic-tweets-crypto-finance-2022-11
FTX collapse could see crypto sector layoffs accelerate: It is yet to be known what the consequences of FTX’s collapse will have on the crypto job market.
cointelegraph.com/news/ftx-collapse-could-see-crypto-sector-layoffs-accelerate
Collapse of Crypto Exchange FTX Sees Long-Term Bitcoin Holders Shift to Distribution
coindesk.com/markets/2022/11/15/ftxs-collapse-sees-long-term-bitcoin-holders-shift-to-distribution/
Binance CEO urges crypto buyers to ‘hold’ amid ‘unpredictableness’: With the FTX fallout shaking the cryptocurrency market, Binance CEO Changpeng Zhao strongly ...
cointelegraph.com/news/binance-ceo-urges-crypto-buyers-to-hold-amid-unpredictableness
SBF said fight with Binance CEO CZ wasn't good 'strategic move': Bankman-Fried regrets the rift that helped spark FTX's collapse. Bankman-Fried reportedly ...
businessinsider.com/sam-bankman-fried-ftx-binance-changpeng-zhao-cz-crypto-report-2022-11
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics