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President of El Salvador Announces Volcano-Powered Crypto Mining Operation Has Generated $269 in Bitcoin

GizModo VR

Weeks ago, El Salvador 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.

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El Salvador Buys 400 Bitcoin as Crypto Officially Becomes Currency on Tuesday

GizModo VR

The government of El Salvador 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.

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Salvadorans Protest Against Government's Bitcoin Gamble as Official Wallet Suffers Glitches

GizModo VR

More than 1,000 people took to the streets of San Salvador, El Salvador 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.

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Virtualware Celebrates 20 Years of Operation

XR Today - Virtual Reality

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 El Salvador, and EAN University.

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Bitcoin continues to plummet, dropping below $20K

Mashable VR

So what happens when a decentralized currency requires government-issued currency to determine its value and is bought and sold with said government-issued currency? SEE ALSO: El Salvador loses half its investment in Bitcoin as crypto plunges. Well, you get Bitcoin (BTC) falling to its lowest level in 18 months.

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The Internet Of The Future: Here Are Best Examples Of Web3 In Practice

Bernard Marr

Today, 36% of small businesses in the US are said to accept Bitcoin payments, and it is even recognized as legal tender in one country - El Salvador. Decentraland is governed by a DAO comprised of users and owners of land within the platform, which implements rules and regulations via a democratic process.