Paolo Ardoino News

12.05 / 16:29

business Blockchain Stablecoin Tether Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins

The crypto winter could be claiming more casualties among the stablecoin camp. The depegging of TerraUSD (UST) on May 10 triggered market selloffs, and now Tether (USDT) appears to be losing its footing. It has slipped against the U.S. dollar.

12.05 / 14:03

Blockchain Ethereum Tether avalanche Tether to move over 1B USDT from Tron to Ethereum and Avalanche

Following recent developments in the sphere of stablecoins, Tether (USDT) has announced that it’s coordinating a chain swap to transfer USDT assets from Tron’s TRC20 to Ethereum and Avalanche’s blockchain.

12.05 / 13:37

Lowe's Tether Luno The world's biggest stablecoin has dropped below its $1 peg

Tether, the world's largest stablecoin, broke below its $1 peg Thursday amid panic in the crypto market.

12.05 / 13:05

Stablecoin MARKET Tether USDT Market Panic Puts Tether Peg Under Pressure

A panic across the crypto market early Thursday morning in Europe put the stablecoin tether (USDT)’s US dollar peg under pressure, with the token trading as low as USD 0.91 on some exchanges. The crash has led some to wonder why arbitrage traders don’t seem to want “free money.”

12.05 / 09:59

markets Stablecoin Tether Bitcoin 2020 Bitcoin falls below $27K to December 2020 lows as Tether stablecoin peg slips under 99 cents

Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels.

11.05 / 12:25

markets Stablecoin Bitcoin Bitcoin Price Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to '$138K' in UST

Panic appeared to set in on crypto markets overnight on May 11 as Blockchain protocol Terra failed to steady its bleeding cryptoassets.

29.04 / 16:09

Binance Bitfinex coinbase Bitcoin Turkey's second wave of major crypto interest: Bitfinex, Coinbase and KuCoin ramp up

Turkey is experiencing a resurgence in cryptocurrency interest as major crypto exchanges set foot in the transcontinental country. From demographics to offline marketing to currency depreciation, there is plenty of motivation for the 84 million Turkish people to sign up to the new exchanges.

20.04 / 15:11

stablecoins crypto news Bitcoin Cryptoverse: Gold coins glimmer amid the global gloom

crypto that feasts on risk is outshining a wider market paralyzed by war and inflation. Coins backed by gold are newer variants of "stablecoins", which are typically pegged to the dollar to tame volatility. The largest, Pax Gold or PAXG, has jumped 7.4% in 2022, while main rival Tether Gold has leapt 8.5%. By contrast, bitcoin has lost over 13% and ether is down 20%.

19.04 / 10:55

UPS cryptocurrency Tether cryptocurrency news Variant Stablecoins' Variant "Gold Coins" Emerging As First Choice For Crypto Trading

Gold coins, a new variant of stablecoins are emerging as first choice for crypto trading

17.04 / 13:19

Citi Tether Bitfinex USDT Tether CTO discusses threats to USDT; from rising competition to CBDCs

In a recent interview with Paolo Ardoino, the Chief Technology Officer of Tether and Bitfinex, Paolo revealed amongst other plans, that the company is confident that it will maintain its position as the most used stablecoin despite the increasing competition in the stablecoin market.

15.04 / 22:21

Blockchain Stablecoin Tether Usd Coin Bitcoin Tether is gaining momentum against competing stablecoins, says Tether CTO

Paolo Ardoino, the chief technology officer of Tether and Bitfinex, is confident that Tether will preserve its status as the most used stablecoin, despite the rapid growth of competitors such as USD Coin (USDC).

14.04 / 11:09

Blockchain Bitcoin Updates week Paris Blockchain Week, April 14: Latest updates from the Cointelegraph team on the ground

Disclaimer: This article is updated all day long. All time codes are in the UTC time zone, updates in reverse order (the latest update is placed at the top).

13.04 / 15:31

Blockchain Tether Bitfinex Bitcoin Stablecoins are the perfect trojan horse for Bitcoin, says Tether CTO

As one of a number of Cointelegraph representatives attending the Paris Blockchain Week Summit (PBWS) at the historic Palais Brongniart — a neoclassical building previously serving as the headquarters for the Parisian stock exchange from 1826 to 1987 — European news reporter, Joe Hall sat down for an in-depth interview with the Chief technology officer of Bitfinex and Tether, Paolo Ardoino.

12.04 / 22:07

Crime Tether Bitfinex Bitfinex, Tether Launch Bitcoin, USDT Donation Funds for Victims of El Salvador Gang Crime

The crypto exchange Bitfinex and the USDT issuer Tether have set up a crypto relief fund to aid the families of the people affected by the gang-related violence in El Salvador – although the government’s controversial crackdown on gang crime continues to intensify in the country.

30.03 / 16:47

Adoption Bitfinex Bitcoin Customers Bitfinex Says Customers Ready to Splurge USD 0.5B on El Salvador’s Bitcoin Bonds

The crypto exchange Bitfinex, which will host the issuance of El Salvador’s much-talked-about bitcoin (BTC) bonds, says that it has already received “half a billion dollars” worth of interest in the offering from its customers.

25.03 / 05:43

Binance Bitfinex Blockstream Bitcoin Bukele President Bukele hits out at Bitcoin Bond 'FUD' as CZ jets in to El Salvador

El Salvador President Nayib Bukele took to Twitter on Wednesday evening, hitting out at a Reuters report claiming Binance CEO Changpeng Zhao (CZ) was flying in to save El Salvador’s Bitcoin Bond.

14.03 / 16:07

Ethereum cryptocurrency prices today avalanche Shiba Inu Bitcoin Drop Top cryptocurrency prices today: Avalanche, Bitcoin, Ethereum, Shiba Inu drop up to 6%

Barring the dollar pegged stablecoins and Terra, all of the top digital tokens were trading lower on Monday. Avalanche tumbled 6 per cent, followed by a 4 per cent fall in Dogecoin, Shiba Inu and XRP each. The global cryptocurrency market cap today dropped lower to $1.72 trillion, down about 3 per cent in the last 24 hours. Total cryptocurrency trading volume jumped as much as 16 per cent to $62.45 billion.

10.03 / 12:31

Blockchain Stablecoin regulation Tether NOT CBDCs will not impact private stablecoin market, says Tether CTO

Paolo Ardoino, the chief technology officer at Tether, believes that the growing developments around central bank digital currencies (CBDCs) globally wouldn’t really impact the role of private stablecoins.

08.03 / 21:15

Stablecoin Tether Bitcoin Discounts Crypto Trading in Russia Rises Again as Price Discounts Emerge

Trading in bitcoin (BTC) and the stablecoin tether (USDT) is once again rising in Russia, with trading volume on both coins on Monday breaking their highs from the start of the war in Ukraine. Meanwhile, price discounts have emerged on Russian ruble (RUB) trading pairs, while Ukrainians are forced to pay a premium to move their money into crypto.

04.03 / 01:03

regulation Tether Bitcoin The city of Lugano will accept Bitcoin, Tether and LVGA token as 'de facto' legal tender

Switzerland’s southern city of Lugano plans for many local businesses to accept some cryptocurrencies as ‘de facto’ legal tender as part of a partnership with Tether.

03.03 / 21:01

Stablecoin Adoption Tether Bitcoin Swiss Swiss City of Lugano Makes Bitcoin, Tether ‘De Facto Legal Tender’

Bitcoin (BTC) and tether (USDT) will become “de facto legal tender” in the southern Swiss city of Lugano, as the city partners with Tether to become the “Bitcoin Capital of Europe,” Tether’s Chief Technology Officer (CTO) Paolo Ardoino said during an event hosted with Lugano city officials on Thursday.

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