Despite Utility, Bitcoin Cannot Fix Venezuela

2020-2-26 15:30

Bitcoin Magazine first reported Venezuela’s potential for adoption in 2014. As its economy has grown worse, it’s clear Bitcoin can’t fix everything. The post Despite Utility, Bitcoin Cannot Fix Venezuela appeared first on Bitcoin Magazine.

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Источник: bitcoinmagazine.com

bitcoin fix → Результатов: 92

Bitcoin’s Dirty Secret Desperately Needs a Green Fix

Bitcoin's energy-intensive Proof-of-Work faces increasing scrutiny as eco-conscious investors push for sustainability in the crypto industry. The post Bitcoin’s Dirty Secret Desperately Needs a Green Fix appeared first on BeInCrypto.

2024-9-12 17:57
bitcoin fix needs green dirty secret desperately

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Bitcoin Can’t Fix Venezuela: I Should Know

Diana Aguilar used bitcoin to survive in Venezuela, but cryptocurrency can’t fix the troubled nation's economy, she argues.

2019-5-2 10:10	Venezuela
bitcoin fix venezuela cryptocurrency troubled she argues

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Bitcoin Can’t Fix Venezuela – I Should Know

Diana Aguilar used bitcoin to survive in Venezuela, but cryptocurrency can’t fix the troubled nation's economy, she argues.

2019-5-2 10:10	Venezuela
bitcoin fix venezuela cryptocurrency troubled she argues

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Bank of England Gov: Bitcoin Doesn’t Satisfy the Principles of Currency

By CCN: Dave Ramsden, deputy governor for markets and banking at the Bank of England, said in an interview with CNBC that crypto assets like bitcoin are too volatile to be a store of value and they do not meet the principles of currency.

2019-5-1 03:00	Bitcoin
currency bitcoin volatility bank crypto england principles

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Op Ed: We Just Launched the First Cryptocurrency-to-Tax Payment Partnership

Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.

2019-4-23 17:42	Adoption
government cryptocurrency governments technology money million transaction

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The Number of Crypto Exchanges Offering Margin Has Multiplied

Until recently, Bitmex, Deribit and a handful of established exchanges were the only places where traders could get their leverage fix. This has now changed with the emergence of dozens of exchanges offering leverage and plenty more on their way.

2019-4-21 15:28
exchanges offering leverage crypto margin multiplied number

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Blame Game: NYSE-Backed Bakkt’s Delayed Launch Is Not CFTC’s Fault

By CCN: Bakkt, the moon-shot bitcoin bet of trading behemoth Intercontinental Exchange (ICE), still can’t get approval from the U. S. Commodity Futures Trading Commission (CFTC). Many now believe its hopes depend on getting a much-hated BitLicense from New York.

2019-4-19 00:45	CFTC
bakkt cftc laws fault regulators blame suck

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With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem

Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server).

2019-4-12 22:03	Bitcoin
ledger could wallet custody crypto vault want

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Electrum Servers Remain Under Sustained DoS Attack

Electrum servers are still under a sustained Denial-of-Service (DoS) attack. The wallet developers announced the issue on April 7, 2018. In correspondence with Bitcoin Magazine, Electrum developer Thomas Voegtlin speculated that the attack may be a form of retaliation from a phishing attacker who has been targeting Electrum in recent weeks.

2019-4-11 21:47	Privacy & security
electrum servers attack dos phishing users server

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Terrifying $243 Trillion Global Debt Bomb is a Disaster Only Bitcoin Can Fix

By CCN. com: Global debt now stands at a terrifying $243 trillion according to a report by the Institute of International Finance this week. That’s quarter of a quadrillion. We’re in the realms of the absurd.

2019-4-4 16:25	Bitcoin
debt global trillion 243 bitcoin only terrifying

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Bitcoin developer proposes ways to solve BTC’s price dip; Twitterverse calls it an April Fools’ Day joke

Bitcoin developer Luke Dash Jr has proposed a way to fix Bitcoin’s price decline by setting a global minimum price for Bitcoins. In a recent tweet by the developer, Dash proposed a Bitcoin soft fork for a minimum price of $50k USD/BTC via Bitcoin Improvement Proposal or BIP that can be deployed in the Bitcoin Core v0.

2019-4-2 00:30	News
bitcoin price developer btc proposed dash joke

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Best Zcash Wallets 2019 – Safely Store Your ZEC Coins

Bitcoin always had significant issues with privacy as its public addresses are relatively easy to track, robbing owners of anonymity and their coins of fungibility. Zcash was one of the first projects to attempt to fix this problem by introducing privacy-related elements into the world of cryptocurrency.

2019-3-16 19:04	Wallets
coins zcash wallets best safely 2019 your

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Crypto Users Are Still Scared to Pay With Bitcoin in 2019 — FIO Protocol Aims to Fix That

Over the last few months, a number of cryptocurrency wallet and exchange providers have joined the Foundation for Interwallet Operability (FIO). The foundation aims to improve digital currency operability because it believes the user experience (UX) for cryptocurrencies is poor and the majority of wallets cannot handle payment requests between wallets.

2019-3-14 01:20	Trust Wallet
bitcoin fio aims crypto wallets operability fix

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Bitcoin (BTC) Millionaire Finman Likens Lightning Network To Visa & Mastercard

Lightning Bitcoin Is Centralized Like Visa: Critic Since the Lightning Network has come to life, the scaling solution has been lauded as a way to fix many of Bitcoin’s current problems in terms of transaction.

2019-3-9 08:30	Visa
lightning bitcoin network visa mastercard millionaire btc

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Starbucks Will Laugh if You Still Use Cash in 3 Years: Bitcoin Bull Draper

Bitcoin bull Tim Draper has predicted that by 2022, coffee lovers will be routinely buying their fix at Starbucks using bitcoin and other crypto assets. Draper: Bitcoin Will Dominate Starbucks Transactions In a podcast interview with NBC Bay Area, Draper said that the cryptocurrency is on the verge of making the US dollar redundant: “I think when you go to Starbucks to buy a cup of coffee, and you try to pay with dollars, they will laugh at you because you are not using bitcoin or other cryptocurrency.

2019-3-9 17:52	tim draper
bitcoin draper starbucks laugh cryptocurrency using coffee

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Research: Ethereum’s new economic model not ‘lucrative enough’ to keep it secure

There’s a monumental shift planned for the second largest cryptocurrency by market cap. Ethereum is edging closer to its new consensus algorithm, which promises to fix the platform’s scalability and transaction throughput bottlenecks – but a new industry report claims it might not work.

2019-3-7 18:15	hard fork
ethereum new secure keep network those revamp

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Lightning Network Growing as Bitcoin Rallies

The Lightning Network is lauded by its proponents to be the ultimate fix to any scaling problem Bitcoin will encounter. It is an added layer to the Bitcoin protocol. The added layer is intended to create a faster channel to make payments.

2019-3-7 09:40	Lightning Network
bitcoin lightning network added growing layer rallies

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Will This Vulnerability Finally Compel Bitmain to Open Source Its Firmware?

As if Bitmain’s year hasn’t been rough enough, having posted big losses and laying off entire departments, its flagship product now has a firmware vulnerability. A few weeks ago, Bitcoin Core contributor James Hilliard discovered an exploit in Bitmain’s S15 firmware.

2019-2-21 23:44	Mining
firmware bitmain hilliard vulnerability source bitcoin open

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Coinbase Pays $30k Bounty for a Critical Vulnerability on its Platform

Coinbase, one of the leading cryptocurrency trading exchanges, submitted a $30k bounty on HackerOne for a fix to a critical issue found on its platform. This, according to a report by The Next Web, published February 13, 2019.

2019-2-15 10:00
vulnerability coinbase cryptocurrency submitted web next according

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Bitcoin Price Analysis: BTC Ranging, Blockstream Quick Fix

Bitcoin Prices are steady but could rally above $3,600 in days ahead Blockstream’s Proof of Reserves could solve the exchange’s perennial problems Transaction volumes below average It may be an exit scam or a tragedy, but the bottom line is that QuadrigaCX users stand to lose $190 million.

2019-2-5 22:00	Technical
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Japanese IT Giant Fujitsu Leverages Blockchain, Streamline’s Energy Problems

According to a press release published on January 30, 2019, Fujitsu Limited has successfully trialed a blockchain-powered platform to mitigate inefficiencies pertaining to energy shortages as well as surpluses among consumers and companies.

2019-1-31 02:00
blockchain problems energy fujitsu technology being one

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Chicago’s Seed CX Crypto Exchange Opens Bitcoin Spot Trading Market for Institutional Investors

In a major move, Seed CX has announced on January 23, 2019, that it now offers bitcoin spot trading market. This spot trading option is open to their major investors and they will be able to trade through web API, a graphical user interface or the financial information exchange (FIX) protocol. Seed CX was founded […]

2019-1-23 20:59	News
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NASA Looking to Adopt Blockchain Technology for Air Traffic Management

In a bid to fix the privacy loopholes inherent in the proposed Automatic Dependent Surveillance-Broadcast (ADS-B) system scheduled to get integrated by 2020, the National Aeronautics and Space Administration (NASA) is looking to adopt distributed ledger technology (DLT), according to a paper published on January 7, 2019.

2019-1-14 02:00	security
nasa blockchain technology looking adopt administration according

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Security Researchers Reveal Wallet Vulnerabilities On Stage at 35C3

In a demonstration titled “Wallet. fail,” a team of security researchers hacked into the Trezor One, Ledger Blue and Ledger Nano S. Unfortunately, it appears as if their findings were first put on display at the 35th Chaos Communication Congress (35C3) in Leipzig, Germany, rather than through accepted Responsible Disclosure practices, which would have allowed the manufacturers to patch the vulnerabilities and protect their customers from any potential attack.

2019-1-1 19:15	Privacy & security
ledger vulnerabilities researchers pin access security wallet

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Blockchain Technology Can Solve Africa’s Energy Problems

Despite the abundance of many forms of natural energy in Africa, including solar, wind and hydro, several parts of the vast continent still have no access to 24/7 interrupted electricity. According to a World Economic Forum report on November 29, 2018, blockchain technology can fix the energy issues of Africa if well utilized.

2018-12-2 02:00	Technology
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OKCoin Adds the Argentine Peso as It Eyes Expansion Into Latin America

Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina.

2018-11-15 17:45	Investing
bitcoin okcoin latin argentina america exchange blockchain

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New EOS Referendum System Goes Live in Beta

The EOS Referendum Working Group met on Thursday to decide if the new EOS referendum system will get the green signal to launch in beta for testing by the community. On Friday, the group announced that they had secured a “Go” vote for the system after working to fix a myriad of issues that prevented the […] New EOS Referendum System Goes Live in Beta was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-11-9 20:29	EOS
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What the Upcoming Bitcoin Cash Hard Fork Means for You

Bitcoin Cash was born from the desire to fix the (then) slowed and expensive transactions of the original Bitcoin. On August 1st, 2017, Bitcoin Cash forked from the Bitcoin blockchain… The post What the Upcoming Bitcoin Cash Hard Fork Means for You appeared first on CoinCentral.

2018-11-8 01:22	форк
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Revolutions and Counter Revolutions: Andreas Antonopoulos Reflects on 10 Years of Bitcoin

As Bitcoin approaches its 10th anniversary, its community, old and new, has begun taking stock of how a decade has come to alter or define the cryptocurrency — and what Bitcoin has done to alter or define the decade.

2018-11-7 19:56	Adoption & community
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Coinbase Crypto Company To Utilize Hundreds Of Millions In Funding To ‘Fix Bitcoin’

Bitcoin has been having trouble this year and not just in the form of stagnating in value. Interestingly enough, Coinbase exchange is interested in using its new funding round, which has gathered a whopping $8 billion, to resolve bitcoin’s issues.

2018-10-31 10:00	News
bitcoin coinbase funding value gathered whopping billion

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Op Ed: Why Satoshi Nakamoto Deserves a Nobel Prize

Alfred Nobel died with regrets. After making a fortune off of explosives, he indicated in his will that his fortune should be used to make a prize awarded each year to those who “conferred the greatest benefit to humankind.

2018-10-23 23:22	Op-ed
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Not Everyone Wants to Fix Bitcoin's 'Time Warp Attack' – Here's Why

A bit of a debate has revved up about bitcoin's "time warp attack" and whether it's an exploit or an unintended advantage.

2018-10-13 11:30
time attack bitcoin warp whether advantage revved

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Ethereum Classic (ETC) Is Bitcoin With IOT And Dapps

Chart for ETC/USD (1W) Ethereum Classic (ETC) is currently the only Turing Complete blockchain that will run on Proof of Work (PoW) forever. It has a limited supply of coins, just like Bitcoin (BTC).

2018-10-9 17:00	Ethereum Classic
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SEC Files Multiple Amendments Related to Bitcoin ETFs, Paving The Way for an Approval

The Securities and Exchange Commission (SEC) seems determined to fix its past mistakes and, in a sign of its willingness to rectify, yesterday issued an amendment to the proposed rule change to list and trade shares of the GraniteShares Bitcoin ETFs.

2018-10-6 04:47	SEC
etfs sec bitcoin issued related approval multiple

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Op Ed: There Is a Satoshi of Truth in Every Joke

This rather long meme, which has been circulating lately, makes fun of the views of Bitcoin supporters by listing commonly made statements and contrasting them with contradicting statements or developments.

2018-10-4 22:27	Op-ed
bitcoin network protocol should rules node people

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Bitcoin Core 0.17.0 Is Released: Here’s What’s New

Today marks the official release of Bitcoin Core 0. 17. 0, the 17th generation of Bitcoin’s original software client launched by Satoshi Nakamoto almost 10 years ago and still the dominant Bitcoin implementation on the network today.

2018-10-3 16:28	Technical
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Monero Releases Malware Response Group and Successfully Patches Burn Bug

Monero has officially released its Malware Response Workgroup website yesterday. In an effort to help protect Monero’s community, the website aims to provide resources to educate about the types of malware that may take advantage of users.

2018-9-29 23:18	Digital assets
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Third Generation Blockchain Projects In South Korea Aim to Fix Ethereum’s Shortcomings

Blockchain has come a long way since Satoshi’s 2008 Bitcoin proposal. Since then, we’ve gotten large-scale development platforms like Ethereum and smaller scale privacy tokens such as Verge.

2018-9-28 18:05	Cryptocurrency News
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Bitcoin hard fork nightmare becomes reality after testnet splits

A week ago, Bitcoin developers disclosed a glaring vulnerability in the network that could’ve led to a series of abrupt chainsplits. Well, it appears this scenario has begun to play out. The good thing is that the incident took place on a controlled testnet, not the Bitcoin mainnet.

2018-9-27 18:01	hard fork
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3 Most Common Bitcoin Storage Mistakes & How To Fix Them

A recent report suggests that almost 4 million Bitcoins have been lost due to silly mistakes that could have been so easily avoided. Bitcoin has its advantages over physical traditional cash, but it takes precaution when handling the currency.

2018-9-27 13:59
bitcoin mistakes most currency fix storage common

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Litecoin, Not Bitcoin, Will Drive The Lightning Network

The Lightning Network is supposed to fix Bitcoin’s slow transactions and high fees, but so far it’s caused as many problems as it solved. Luckily, there’s another cryptocurrency waiting to take up the slack.

2018-9-27 18:39	scaling
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Bitcoin Magazine’s Week in Review: The Resilience of Bitcoin

Altcoins may come and go; hacks may challenge exchanges; mainstream financial advisors might not get it — but even in the face of a protocol bug, Bitcoin perseveres and develops.

2018-9-22 19:33
bitcoin bug week miner exchange released magazine

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The Good, the Bad and the Ugly Details of One of Bitcoin’s Nastiest Bugs Yet

For well over a year, versions of Bitcoin Core — Bitcoin’s leading software implementation — contained a severe software bug. The bug was fixed with Bitcoin Core 0.

2018-9-22 21:22	Technical
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Bitcoin Core Developers Averted Network Crash With Latest Fix

A software update to Bitcoin's core software fixed a vulnerability that could have had the entire network brought down to its knees.

2018-9-22 19:31	News
software bitcoin network core had entire brought

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В коде биткоина устранена критическая уязвимость, в течение двух лет угрожавшая сети

Во вторник, 18 сентября, состоялся внеплановый релиз клиента Bitcoin Core под версией 0. 16. 3, благодаря которому была устранена критическая уязвимость, угрожавшая осуществлением DOS-атаки на сеть. Эксплуатация бага была, впрочем, непростой задачей, и к счастью им никто не воспользовался.

2018-9-20 01:24	уязвимости
bitcoin core угрожавшая устранена критическая уязвимость непростой

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Bitcoin Core Developers Move to Fix Denial-of-Service Software Bug

An abnormally severe bug has been discovered in bitcoin's software, with possible ramifications for lightning users.

2018-9-20 23:01
software bug bitcoin discovered possible users lightning

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‘Very Scary’: Bitcoin Core Developers Confirm Duplicate Transaction Bug Fix

Bitcoin developers released a new version of the Bitcoin Core client September 18 after fixing a “very scary” bug which could have seen a malicious party take many nodes offline. Upgrade ‘As Soon As Possible’ In release notes for Bitcoin Core version 0.

2018-9-19 16:00
bitcoin core bug very scary developers client

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Stablecoins Not The Solution For Bitcoins Issues

The launch of stablecoins is viewed as a palliative measure to decrease the impact of the recent crisis with Bitcoin, some have even described it as ETFs replacement for a short time. However, Barry Eichengreen, a professor of Economics UC Berkeley has said that stablecoins are not the way to fix the problem.

2018-9-12 13:30	StableCoin
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Taproot to Enhance Bitcoin Privacy Is Ready for Testing, but Needs Schnorr

Greg Maxwell’s Taproot Privacy Tech Set To Be Released Bitcoin has been pretty unpopular because of its privacy. As a result of this shortcoming, developers have long been trying to find a fix, or at least improve it over time.

2018-8-15 21:42	News
privacy bitcoin maxwell taproot greg proposed least

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Venezuelans cut off from Binance: How is this related to elections?

Venezuelan authorities have also blocked the world’s largest cryptocurrency exchange, Binance. Amid protests following the presidential elections, the Venezuelan government restricted access to Binance and several other online services.

Venezuela restricts access to Binance and X amid election unrest

Venezuelan government blocks Binance, X, Reddit, and Signal amid election unrest. CANTV, Venezuela’s state ISP, enforces the blockade as part of a crypto crackdown. President Maduro accuses Elon Musk of inciting protests and violating laws.

Maduro critics say Venezuelan president will use crypto to evade sanctions

Venezuelan activists have alleged that President Maduro and his government are seeking ways to circumnavigate international sanctions, with crypto transactions.

Venezuela cracks down on crypto mining to tackle energy crisis

Venezuela's Ministry of Electric Power plans to cut off crypto-mining companies drawing power from the national power grid SEN (Sistema Electrico Nacional).

Venezuela Turns To Crypto For Oil Sales To Evade Fresh Round Of U.S. Sanctions

Venezuela's state-owned oil company is using Tether’s USDT — the industry’s largest dollar-backed stablecoin — to skirt new US sanctions.

Venezuela reportedly turns to USDT for oil export as US sanctions bite

Venezuela’s state-run oil company PDVSA is allegedly set to increase crypto usage in its crude and fuel exports as the U.S. strengthens oil sanctions against the country. Venezuela‘s PDVSA, the world’s fifth largest oil exporter, is turning to stablecoin Tether…

Latin America crypto wave helps offset economic instability

A recent report from Chainalysis illuminates this grassroots crypto adoption across Latin America. Brazil, Argentina, and Mexico have emerged as leaders.

2020-2-26 15:30

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