Bitcoin

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    <p>Nayib Bukele, the self-described dictator of El Salvador, recently revealed the address where the country is storing the lion’s share of its Bitcoin holdings, 32ixEdVJWo3kmvJGMTZq5jAQVZZeuwnqzo.&nbsp;</p>
    <p>This address reveals that <a rel="noopener noreferrer nofollow" title="El Salvador" href="https://thebittimes.com/tag/el-salvador.html">El Salvador</a> has more <a rel="noopener noreferrer nofollow" title="bitcoin" href="https://thebittimes.com/tag/bitcoin.html">bitcoin</a> than they had previously stated, and provides further insight into the relationship between the nation of <a rel="noopener noreferrer nofollow" title="El Salvador" href="https://thebittimes.com/tag/el-salvador.html">El Salvador</a> and the crypto exchange <a rel="noopener noreferrer nofollow" title="Bitfinex" href="https://thebittimes.com/tag/bitfinex.html">Bitfinex</a>. A detailed review of the approximately 5,693 <a rel="noopener noreferrer nofollow" title="bitcoin" href="https://thebittimes.com/tag/bitcoin.html">bitcoin</a>s in the cold wallet showed that 4,560 of these were received from an address believed to be <a rel="noopener noreferrer nofollow" title="Bitfinex" href="https://thebittimes.com/tag/bitfinex.html">Bitfinex</a>.</p>
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       Nayib Bukele reveals El Salvador received 4,560 bitcoins from Bitfinex
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    <p>The address has also continued to receive Bukele’s previously announced <a rel="noopener noreferrer nofollow" title="daily" href="https://thebittimes.com/tag/daily.html">daily</a> <a rel="noopener noreferrer nofollow" title="bitcoin" href="https://thebittimes.com/tag/bitcoin.html">bitcoin</a> purchases, which also appear to be coming from <a rel="noopener noreferrer nofollow" title="Bitfinex" href="https://thebittimes.com/tag/bitfinex.html">Bitfinex</a>.</p>
    <p>Bitfinex clearly plays an important role in the Bitcoin efforts of El Salvador, and El Salvador seems to be important for the broader ambitions of Bitfinex. El Salvador was the second country that Bitfinex Securities launched in.</p>
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       Bitfinex Securities hasn’t seen a single trade in two months
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    <p>Tether is also an investor in the “Volcano Energy” project in El Salvador; an ambitious plan to build a Bitcoin mining center powered by geothermal and wind energy.&nbsp;</p>
    <p>Bitfinex sister firm Tether has other connections to the government of El Salvador, including hiring DMM Consulting, a lobbying firm led by an advisor to Bukele.&nbsp;</p>
    <p>These transactions further illustrate the intimate relationship between the Central American ‘dictator’ and the two globe-spanning cryptocurrency companies.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/el-salvador-leans-on-bitfinex-for-daily-bitcoin-buy-protos-tbt82966.html">https://thebittimes.com/el-salvador-leans-on-bitfinex-for-daily-bitcoin-buy-protos-tbt82966.html</a></p>

El Salvador leans on Bitfinex for daily bitcoin buy | Protos

TheBitTimes

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