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Bitcoin is approaching 100,000 USD; how is the progress of El Salvador's Bitcoin City? In the field of cryptocurrency, El Salvador has become a notable country. In 2021, against the backdrop of a turbulent global monetary environment and soaring Bitcoin prices, the country's president, Nayib Bukele, made a bold decision: to adopt Bitcoin as the country's legal tender. This move caused a sensation globally, eliciting mixed reactions from various parties. Initially, the influx of tourists brought new popularity to El Salvador. However, the volatility of cryptocurrency and the technical issues in use quickly sparked public dissatisfaction. In November 2022, despite the heavy blow to the crypto market, El Salvador still adhered to its Bitcoin plan and established a national Bitcoin office. As the market warms up, the global attitude towards Bitcoin is starting to change. Several countries are showing interest in incorporating Bitcoin into their national reserves. El Salvador's decision seems to have shifted from radical to forward-looking.

🇺🇸 🇨🇳 U.S. PLANS LOCATION TRACKING TECH FOR AI CHIPS TO BLOCK CHINA Washington is working with chipmakers on adding advanced location-tracking to AI chips, aiming to stop smuggling and keep U.S. tech from reaching China. A senior official told Bloomberg this is part of a

In the post-pandemic era, the correlation between Bitcoin and gold prices has strengthened, reflecting the potential for transformation in the International Monetary System. The scarcity and decentralization characteristics of Bitcoin make it possible for it to become a new reserve currency, potentially playing an important role alongside gold in the future.

Recently, a crypto assets trading platform suffered a hacker attack amounting to $1.4 billion, highlighting security risks in the industry. Security experts advise users to strengthen transaction verification and emphasize the need for the industry to prioritize security investments and regulation to prevent similar incidents from happening again.