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Chivo

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Coverage Timeline

2022-05-05
Rest of World

Survey of 1,800 households in El Salvador shows 61% have abandoned the Chivo bitcoin wallet after withdrawing a free $30 sign-up bonus

Those who stayed are not on the Chivo app for what was intended, using it to keep their dollars safe rather than for crypto.  —  • BOGOTÁ, COLOMBIA Tweets: @antoniocasilli , @cengizyar , @mikebutcher ...

2021-10-25
Bloomberg

El Salvador's Chivo wallet removes a feature that let users make rapid profits on trades by freezing bitcoin's price for a minute before an order

Michael D McDonald / Bloomberg :

2021-09-08
Reuters 11 related

Bitcoin fell 17%+ to ~$43K before rising to $47K as El Salvador adopts it as legal tender, where high demand led to the Chivo wallet being temporarily unplugged

The price of cryptocurrencies plunged and crypto trading was delayed on Tuesday, a day in which El Salvador ran into snags …

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