Tag: Chivo
El Salvador’s Bitcoin wallet Chivo scores $52M in remittances in 2022
Salvadorans living abroad have sent over $50 million in remittances from January to May this year, according to the El Salvador Central Reserve Bank.D [...]
Six of 10 Salvadorans Quit Using the Chivo Wallet After Getting the Bitcoin Incentive, Study Shows
According to the report, “Chivo is not being widely used to receive remittances from abroad”. Its figures align with recent reports from the Salvadora [...]
Cash App and Chivo help drive Lightning payment volume up 400%
A new report highlights how the Lightning Network has grown in popularity as a way of transferring digital assets quickly and efficiently around the g [...]
El Salvador Using Crypto Software Firm AlphaPoint to Fix Chivo Wallet Problems
AlphaPoint is now providing the technology behind Chivo’s mobile application, mobile point-of-sale processing, merchant website portal, call-center su [...]
El Salvador relaunches Chivo wallet, plans to deploy 1,500 Bitcoin ATMs
El Salvador, the first country to adopt Bitcoin (BTC) as a legal tender, has relaunched its in-house Chivo wallet to address the existing challenges o [...]
El Salvador Using Crypto Software Firm AlphaPoint to Fix Chivo Wallet Problems
AlphaPoint is now providing the technology behind Chivo’s mobile application, mobile point-of-sale processing, merchant website portal, call-center su [...]
Some Salvadorans claim funds are missing from their Chivo wallets
Some of the money from El Salvador’s state-issued Chivo wallets is reportedly missing, according to many Salvadorans posting on social media.In a D [...]
Hackers roban identidades con el sistema de verificación de la Chivo Wallet en El Salvador
Cristosal no fue la única ONG que abordó el problema. Acción Ciudadana, una organización sin ánimo de lucro especializada en auditoría social, pres [...]
Identity Thieves Exploit El Salvador’s Chivo Bitcoin Wallet’s Setup Process
He tried, then, to open his account but a notification said his DUI had already been registered. Like Sosa, Santacruz approached a Chivo help cente [...]
El Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpers
The Salvadoran government has moved to prevent users of its Chivo digital wallet from gaming the app’s price freeze feature to glean risk-free prof [...]
A third of Salvadorans ‘actively’ using Chivo wallet, President Bukele claims
Salvadoran President Nayib Bukele claims that 2.1 million of his fellow citizens are using the government-backed Chivo cryptocurrency wallet, offer [...]
A third of Salvadorans ‘actively’ using Chivo wallet, President Bukele claims
Salvadoran President Nayib Bukele claims that 2.1 million of his fellow citizens are using the government-backed Chivo cryptocurrency wallet, offer [...]
Bitso to help the launch of El Salvador’s official Bitcoin pockets Chivo
Bitso, a serious cryptocurrency change in Latin America, would be the core crypto service supplier for El Salvador’s official Bitcoin (BTC) pockets [...]
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