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Showing posts with the label el salvador

Hacker leaks source code for El Salvador Chivo ATMs

A hacker has published the source code, including .exe, .txt, .bat, and .reg files, for the software used within El Salvador’s government-maintained Chivo bitcoin ATMs. President Nayib Bukele’s administration paid third-party contractors from various countries to build and maintain its infrastructure. Chivo has ties to Athena Bitcoin Global, a pink sheet stock that trades on the US OTC stock market. Athena rallied from $0.20 to $46.50 during Bukele’s Chivo announcements in 2011, however, today it trades for less than $0.10. Other third-party contractors include ROI Developers (a.k.a. Accruvia) which sued Athena over an alleged failure to pay. Athena eventually stopped working on Chivo, and AlphaPoint, which has ties to various failed crypto exchanges , took over. Hacker doxxes nearly every adult in El Salvador Read more: Bitcoin ATM startup sues former exec over botched El Salvador launch Long history of Chivo wallet and ATM hacker leaks It’s not the first, second, or eve...

Nayib Bukele reveals El Salvador received 4,560 bitcoins from Bitfinex

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President Nayib Bukele of El Salvador announced yesterday that the country is storing over 5,689 bitcoins in a cold wallet in a vault, revealing in the process that 4,560 of these bitcoins were received from Bitfinex. Bukele shared the wallet address on X (formerly Twitter), claiming it was a “big chunk” of El Salvador ’s Bitcoin and suggesting that the country has more Bitcoin stored elsewhere. The vault is dubbed ‘the piggy bank’ and Bukele claimed, “It’s not much, but it’s honest work .” We've decided to transfer a big chunk of our # Bitcoin to a cold wallet, and store that cold wallet in a physical vault within our national territory. You can call it our first # Bitcoin piggy bank It's not much, but it's honest work pic.twitter.com/dqzedykxT1 — Nayib Bukele (@nayibbukele) March 14, 2024 Read more: Did Bukele lie about El Salvador’s bitcoin profits? Bukele claimed he transferred 5,000 bitcoin to the account, which now holds 5,689 ...