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Attack on Bitfinex Exchange Involving $15 Billion XRP Transaction Failed: Paolo Ardoino
15.1.2024
A transaction involving nearly $15 billion worth of XRP from an unknown wallet to the Bitfinex exchange as part of a “partial payments exploit” has failed. The transaction was first brought to the public’s attention by the blockchain tracking account known as Whale Alert, which...
Tether CEO Paolo Ardoino Celebrates USDT’s $91.5B Market Cap: ‘Tether Evolved’
29.12.2023
Tether CEO Paolo Ardoino made a retrospective about the company’s growth since its beginnings. In a post in X, Ardoino celebrated the current standing of the company, with its USDT stablecoin reaching a $91.5 billion market cap on several blockchains, $4 billion in excess reserves, and...
Tether Mints $1 Billion USDT for “Inventory Replenish” on Ethereum Network
26.12.2023
Source: Pixabay Tether has minted $1 billion USDT for an “inventory replenish,” according to CEO Paolo Ardoino. In an X post on Monday, blockchain tracking platform Whale Alert reported that the Tether Treasury had minted $1 billion of its eponymous stablecoin, USDT. Tether CEO Ardoino responded...
Tether CEO Details Partnership with FBI and Secret Service in Letter to Legislators
17.12.2023
Source: Unsplash Tether, the company responsible for the USDT stablecoin, has made public letters it sent to the U.S. Senate Committee on Banking, Housing, and Urban Affairs and the U.S. House Financial Services Committee, underscoring its dedication to security and close cooperation with...
Adam Back Says ‘Suck That Truthoors’ as Cantor Fitzgerald CEO Reveals Company Holds Tether’s Treasuries
15.12.2023
Howard Lutnick, CEO of Cantor Fitzgerald, a Wall Street private financial services company, has recently confirmed that they lent their services to Tether, the issuer of the biggest stablecoin in the cryptocurrency market. On CNBC’s Money Movers, Lutnick stated that he was a fan of Tether...
Is Polygon Price Going to Zero? MATIC Drops 15% as This Novel Mining Project Secures $4.3 Million in Funding
23.11.2023
Leading layer-2 solution Polygon has tumbled in recent days, with MATIC price dropping -15%, and with some panicked bag-holders asking ‘Is Polygon price going to zero?’ – lets dig in. This comes following the breaking news that the emerging Swiss crypto city of Lugano (led...
Tether Charts Strategic Course in Bitcoin Mining, Plans $500 Million Infusion
16.11.2023
Tether Holdings Ltd., the issuer of the leading stablecoin in terms of market value and trade volume, is poised to become a formidable player in the mining industry, as revealed by its CEO, Paolo Ardoino. On Thursday, Ardoino announced the company’s intention to channel approximately $500...
Tether Aims to Invest Half a Billion Dollar in Mining Ventures Over Next Six Months to Become a Top Miner
16.11.2023
Source: Adobe/Jim Tether, the company behind the world’s largest stablecoin USDT, aims to invest half a billion dollars to become one of the world’s leading Bitcoin miners. Paolo Ardoino, the company’s incoming CEO, said in a recent interview that Tether plans to invest...
Tether's Paolo Ardoino Reveals Plans for Real-Time Reserve Data Reporting – Will Transparency Lead to a New Bull Market?
23.10.2023
Tether Holdings, the issuer of the world's largest stablecoin Tether (USDT), has announced plans to provide real-time updates of its reserve data.
Paolo Ardoino, Tether's chief technical officer and upcoming CEO, revealed that the company intends to start publishing reserve data in real time...
Bitfinex's CTO Paolo Ardoino Endorses RGB Protocol for Bitcoin Stablecoins
20.10.2023
Paolo Ardoino, the chief technology officer (CTO) at crypto exchange Bitfinex, has expressed his support for the RGB protocol as the "best opportunity" for issuing stablecoins on the Bitcoin network.
In an interview with crypto news outlet The Block, Ardoino said he sees RGB as the “rightful...
Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin
19.10.2023
Taproot Assets is “how we bitcoinize the dollar and the world’s financial assets,” says Ryan Gentry, director of business development at Lightning Labs
USDT Issuer Tether Appoints Paolo Ardoino As New CEO - What’s Going On?
13.10.2023
Tether, the company behind the largest stablecoin by market capitalization, has appointed Paolo Ardoino to serve at the helm as the company plans new operations.
Ardoino, the former Chief Technical Officer of the company, a position he held since 2017 will replace Jean-Louis van der Velde as...
Tether Promotes Paolo Ardoino to CEO
13.10.2023
Paolo Ardoino appointed new CEO at Tether
Tether stablecoin firm appoints CTO Paolo Ardoino as CEO
13.10.2023
The change in leadership at Tether reflects its commitment to actively exploring new business operations, the company said
Tether Denies Links With Alleged Spokeswoman Alex Welch; Blasts ‘Tabloid’ News Outlets
26.9.2023
A controversy surrounding Alex Welch, an alleged spokeswoman of Tether, the company behind USDT, erupted last week as an article in the Wall Street Journal (WSJ) quoted her as a source for information on the company’s loans. However, Tether CTO Paolo Ardoino denied any involvement of Welch...
Tether CTO stays silent on Bitcoin mining locations
27.8.2023
Tether’s chief technology officer, Paolo Ardoino dropped a hint that the operations are based in Latin America, but hesitated to reveal any more details beyond that
Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools
17.8.2023
Stablecoin operator Tether is building specialized Bitcoin mining software aimed at using data analytics to optimize mining operations and boost production, CTO Paolo Ardoino says
Paolo Ardoino, CTO of Tether, on $USDT Fud and Tether’s Diversification into Energy | Ep. 255
11.8.2023
In an exclusive interview with cryptonews.com, Paolo Ardoino, CTO of Bitfinex and Tether, talks about Tether ($USDT) FUD, Tether’s Diversification into Energy, and Tether fostering the use of P2P technology....
Read More: Paolo Ardoino, CTO of Tether, on $USDT Fud and Tether’s Diversification into...
Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion
1.8.2023
Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its reserves by $850 million during this period, with...
AI would pick Bitcoin over centralized crypto - Tether CTO
5.7.2023
Tether’s CTO Paolo Ardoino believes that artificial intelligence would choose to use Bitcoin over more centralized cryptocurrencies like stablecoins