Salvador

James and Nicki Malcolm moved to El Salvador from New Zealand to be part of a bitcoin dream sold by President Nayib Bukele in 2021 when he made the Central American nation the first in the world to accept the cryptocurrency as legal tender.Months later Bukele sketched his plans for Bitcoin City, a tax-free crypto haven powered by geothermal energy from a volcano, to a sea of enthusiasts at a beach club presentation that included an avatar of himself on a spaceship. Elevate Your Tech Prowess with High-Value Skill…

Photo: Disney ParksHere’s what’s going on at major tourist destinations in Orlando, Las Vegas, Los Angeles, New York City, and abroad. Disney Parks just opened Zootopia at the Shanghai Disney resort and we have a look at its wild animatronics and cute in-universe food. Las Vegas is lifting spirits with immersive showings of The Nightmare Before Christmas and festive yule magic at Lost Spirits Distillery at AREA15. If you’re wanting something on the even spookier side, Warner Bros.’ Escape It will let you live Halloween…

After experiemtning with Bitcoin as a legal tender, El Salvador is all set to issue a bond that will be backed by bitcoin. The bond will be used to finance a city that will be powered by a volcano, and has been named, Bitcoin City…

Salvador Rodriguez / Wall Street Journal: In 2022, Meta quietly began letting ads say past US elections were “rigged” or “stolen”; sources say execs made the decision based on free speech considerations — Company weighed free-speech considerations in changing its policy last year Salvador Rodriguez / Wall Street Journal: In 2022, Meta quietly began letting ads say past US elections were “rigged” or “stolen”; sources say execs made the decision based…

Tether, a stablecoin issuer, announced that it would partner with El Salvador and invest $1 billion dollars into a renewable energy initiative. The Tradecurve exchange is also nearing the end of the Stage 3 presale, and afterward, the value of TCRV will jump by 20%. Today, we will go over both news to see why investors are hyped. Summary: Tether Investing $1 billion towards building the world’s largest Bitcoin mining site in El Salvador. The Volcano Energy energy park for Bitcoin mining will place the mining site in the…

Users of Apple devices like the iPhone 14 and Apple Watch Ultra can now use Apple Pay in two new countries.Years after Apple Pay went live in the United States and other countries, Guatemala and El Salvador have now both come online thanks to Banco Promerica and BAC Credomatic both supporting the Apple contactless payments system.With Apple Pay enabled owners of VISA and Mastercard credit and debit cards with either of those two banks can now set up Apple Pay on their iPhone, iPad, or Mac. The cards can then also be…

Photo: Handout (Getty Images)El Salvador, which has already lost tens of millions of taxpayer dollars on its authoritarian millennial president’s beleaguered effort to embrace cryptocurrencies, now says it plans to open a “bitcoin embassy” in Texas. The Central American country’s continued commitment to bitcoin comes despite last year’s crypto winter and surveys showing the overwhelming majority of its citizens have simply never used it. Milena Mayorga, the country’s ambassador to the U.S. says she discussed the embassy…

El Salvador passes bill on Bitcoin-backed bonds and it will soon be a Law With 62 votes in favor and 16 votes against it, the Legislative Assembly of El Salvador passed the Volcano Bonds bill on January 11; the bill would become law once President Bukele ratifies it. They would allow El Salvador to raise capital to pay for its sovereign debt and fund the building of the Bitcoin City Note that the term Volcano Bonds is inspired by the location of El Salvador’s Bitcoin City, which is slated to develop into a hub for…

Hong Kong at night. Not ideal for stargazing.Photo: Lam Yik Fei (Getty Images)A team of researchers investigating tens of thousands of citizen science observations of the night sky found that stars in the night sky are rapidly becoming harder to see due to human light pollution.The team pored over 51,351 observations made around the world from 2011 to 2022 as part of the Globe at Night project run by NOIRLab. They found that stars are becoming harder to see, which the researchers suggest is due to the proliferation of…

El Salvador is seeking congressional approval to issue investment bonds in the cryptocurrency El Salvador is doubling down on its bet on cryptocurrencies even in the midst of a bear market. The first country to declare Bitcoin as legal tender is now working on a Digital Asset Issuance Law, which would facilitate operations with any crypto asset. According to a document available on the official website of the National Assembly of El Salvador, the law would regulate the transfer operations of any digital asset, seeking…