Paolo Ardoino News

09.02 / 15:17

business Stablecoin regulation Tether reserves Tether assets exceed liabilities in new reserves report by BDO

Tether, the issuer of the world’s largest stablecoin by market value, has completed reserves attestation by major global accounting firm BDO.

03.02 / 01:25

business Tether Bitfinex Holdings Only 4 people controlled Tether Holdings as of 2018: Report

A group of four men controlled 86% of stablecoin issuer Tether Holdings Limited as of 2018, according to documents obtained by The Wall Street Journal in connection with United States authorities investigations.

02.02 / 17:01

Stablecoin regulation Altcoin Tether Terra Tether CTO Paolo Ardoino on taking the bull by the horn

Stablecoins have been under much scrutiny after the implosion of the third-largest stablecoin by market cap, TerraUSD (UST), in May 2022. The UST saga led to a lot of skepticism that caused consumers to question the safety of stablecoins.

02.02 / 00:33

markets Tether S&P 500 Bitcoin Bitcoin Price Support Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry

Bitcoin's (BTC) price has been trading above $22,500 for 12 days. Of course, this situation can change even if Federal Reserve chair Jerome Powell issues positive statements about the economy in today’s post-FOMC presser.

01.02 / 14:11

business Stablecoin regulation Tether Celsius Borrowing Tether CTO denies borrowing from bankrupt lender Celsius

Tether (USDT) — the world’s largest stablecoin by market capitalization — has never received any loan from the bankrupt cryptocurrency lender Celsius, according to the chief technology officer.

26.01 / 16:41

business Adoption Tether community United Nations Tether moves to combat child abuse content marketplaces

Tether aims to increase visibility and mitigate controls of cryptocurrency payments used in child abuse content marketplaces through a collaboration with INHOPE.

11.12 / 00:31

business Binance Tether FTX SBF tried to destabilize crypto market to save FTX: Report

Tether executives and Binance CEO Changpeng “CZ” Zhao worried that Sam Bankman-Fried (SBF), former FTX CEO, was attempting to destabilize the crypto market aiming to save the now-bankrupt exchange, according to reports on Dec. 9.

08.12 / 15:09

Tether USDT Chinese yuan Tether Adds Offshore Chinese Yuan to Its Stablecoin Offering – China Crypto Surge Coming?

Tether, the company behind the largest stablecoin USDT, has expanded its offerings to include offshore Chinese Yuan (CNH₮) stablecoin on the Tron blockchain. The move will enable Chinese customers to send and receive payments in the stablecoin with fewer fees compared to the Ethereum blockchain.

23.11 / 15:17

Adoption bonds Bukele Bukele's government introduced a bill to launch the 'Bitcoin bonds'

Amid the crypto market downturn, El Salvador finally makes a decisive step to the realization of its ambitious “Bitcoin bonds” project. The Minister of the Economy Maria Luisa Hayem Brevé introduced a bill confirming the government’s plan to raise $1 billion and invest them into the construction of a “Bitcoin city.”

12.11 / 12:03

business Hackers Tether Tether blacklists $31.4M USDT following FTX's alleged hack, Musk reacts

On the night of Nov. 11, several wallet addresses linked to FTX were found transferring millions of dollars worth of cryptocurrencies without an official notice — sparking speculations ranging from the commencement of FTX’s bankruptcy proceedings to the involvement of hackers. Within hours, FTX confirmed on Telegram that the fund transfers were part of an ongoing hack.

12.11 / 10:23

business Blockchain Investments Bitfinex reserves Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco

The fall of major crypto ecosystems — such as FTX and Terra (LUNA) — this year highlighted the importance of transparency around the true reserves held by crypto exchanges and businesses. Amid the ongoing fear, uncertainty and doubt (FUD) across the crypto space, crypto exchange Bitfinex revealed its proof of reserves to the general public.

11.11 / 16:33

markets Ethereum Tether Traders take a neutral position after Ethereum futures contracts see massive liquidations

Ether (ETH) price shed roughly 33% between Nov. 7 and Nov. 9 after an impressive $260 million in future contracts longs (buyers) were liquidated. Traders using leverage were surprised as the price swing caused the largest impact since Aug. 18 at derivatives exchanges.

11.11 / 15:35

Stablecoin Tether USDT Legal $46.5 Million USDT Owned by FTX Frozen by Tether at Request of Law Enforcement

Major stablecoin issuer Tether froze $46.5 million of USDT held by the collapsing crypto exchange FTX, reportedlyat the request of law enforcement.

11.11 / 08:35

business Tether Funding FTX Rescue Tether CTO confirms no plans to rescue FTX

Cryptocurrency exchange FTX has lost at least one potential rescuer as it battles to fill a reported multi-billion dollar hole in its balance sheet.

10.11 / 23:55

business Stablecoin Tether reserves 82% of Tether reserves held in ‘extremely liquid’ assets, according to attestation

Stablecoin issuer Tether Holdings Limited published its latest quarterly attestation on Nov. 10, highlighting the “extremely liquid” nature of its assets at a time when crypto markets were reeling from news of FTX’s apparent insolvency.

10.11 / 16:13

markets Stablecoin Tether Terra Luna Bitcoin Bitcoin Price analysts Analysts urge calm as Tether depegs from USD, Bitcoin loses $17K rebound

Bitcoin (BTC) and crypto markets saw fresh volatility on Nov. 10 after stablecoin Tether (USDT) unpegged from the U.S. dollar.

09.11 / 12:51

business Tether coinbase Usd Coin Tether, Circle and Coinbase deny having exposure to FTX and Alameda

Amid the liquidity crisis that fell over crypto exchange FTX and trading firm Alameda Research, some of the largest crypto companies face calls for transparency to let users know if there are risks. However, executives assured the community that they do not have exposure to either of the troubled firms.

02.11 / 17:41

Tether Bitcoin Payments Plan B McDonald’s, pizza and coffee paid in Bitcoin: The Plan B for crypto payments

Over the weekend, thousands of Bitcoiners and crypto enthusiasts descended on the small, sleepy Swiss town of Lugano. More specifically, they piled onto a McDonald’s restaurant.

01.11 / 00:36

business Lightning Network Bitcoin Wallet Btc Wallet NOT Bitcoin, not blockchain: Synonym launches mobile BTC wallet

Bitcoin and Lightning Network service provider Synonym has launched a new BTC-focused mobile wallet it says could enhance the user experience for holders of the flagship digital currency — and broaden Web3 adoption without relying on convoluted blockchain applications.

28.10 / 20:27

Adoption regulation Pro-crypto city of Lugano and El Salvador sign economic agreement based on adoption

Switzerland’s southern city of Lugano and El Salvador have signed an economic cooperation agreement based on crypto and blockchain.

21.10 / 14:29

Provident Citizens Tether USDT Tether USDT Tether USDT Available in Over 24,000 ATMS in Brazil

Stablecoin issuer Tether has announced that SmartPay aims to boost the Brazilian population’s access to the popular USDT stablecoin by making it available at more than 24,000 ATMs across the South American country.

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