India and El Salvador held the third Foreign Office Consultations (FOC) on September 17 and reviewed the whole gamut of bilateral relations in all fields including health, trade and investment, the Ministry of External Affairs (EAM) informed on Saturday. An MEA release stated that the Indian side was led by Riva Ganguly Das, Secretary (East) and […]
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Bitcoin sees flash crash on the day El Salvador adopts it as legal tender
Prices of the world’s biggest digital asset, bitcoin (BTC), cracked more than 10% within an hour on Tuesday evening, while ether slumped over 15%. This flash crash came on the day when El Salvador became the first country in the world to adopt BTC as a legal tender. According to experts, bitcoin was still […]
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El Salvador’s adoption of bitcoin as legal tender is a wake-up call
Many regard the market for bitcoin—the world’s leading cryptocurrency—as a game of winners and losers played out among hedge funds, amateur investors, geeks, and criminals. The huge risk inherent in a highly volatile anonymous digital currency is best left to those who understand the game well, or who don’t really […]