Tag Archives: paolo ardoino

Two years after filing for bankruptcy, Celsius is trying to recover some funds by suing Tether for an alleged wrong liquidation of more than $800 million worth of BTC (at prices in mid-2022). The stablecoin issuer was quick to respond, calling the lawsuit a “baseless shakedown” and promised to fight for a win. Celsius Goes After Tether The lawsuit, filed on August 9 in the US Bankruptcy Court for the Southern District of New York, alleges, among other things, that Tether...

CoinspeakerTether CEO Takes Shots at Ripple Chief, Addressing FUD Spread by Garlinghouse Ardoino tackled Ripple's Garlinghouse for deliberately spreading FUD and praised Tether's efforts at ensuring USDT safety and compliance. Tether CEO Takes Shots at Ripple Chief, Addressing FUD Spread by Garlinghouse

CoinspeakerBitfinex CTO Confirms Database Breach Claim Was ‘Fake’ Bitfinex CTO Paolo Ardoino emphasized an important point often ignored by crypto users. Unfortunately, many users use the same email or password across many services, including crypto exchanges. Bitfinex CTO Confirms Database Breach Claim Was ‘Fake’

CoinspeakerTether Steps Up Monitoring of Token Usage to Combat Illicit Finance This collaboration with Chainalysis provides Tether with advanced tools to detect transactions involving sanctioned e­ntities and track the activities of major token holde­rs. Tether Steps Up Monitoring of Token Usage to Combat Illicit Finance

CoinspeakerTether Nears Completion of $500M Bitcoin Mining Investment, Pushing for Decentralization Tether has constructed mining facilities and renewable energy stations in Uruguay, Paraguay, and El Salvador. Tether Nears Completion of $500M Bitcoin Mining Investment, Pushing for Decentralization

Coinspeaker10 Richest People in Crypto in 2024 According to Forbes’ 2024 World Billionaires List, crypto has made more billionaires this year than it did in 2023. 10 Richest People in Crypto in 2024

Will Tether go public any time soon? What are the new CEO’s plans for the company? What is keet io? Why is the Bitcoin Lightning network the best BTC payment solution? These and many more questions were answered by Paolo Ardoino, the new chief exec of the company behind the world’s largest stablecoin, in a recent interview with CryptoPotato. Additionally, he spoke about another project of his – keet io, which serves as a peer-to-peer web conferencing tool. Last but not least,...

Besides freezing assets, Tether follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols. Tether, the USDT issuer, has announced the freezing of 225 million in USDT tokens. Globally, USDT has a market cap of $87.7 billion. It also offers dollar exposure to individuals who cannot access the dollar in their own market.  According to Tether, it traced the frozen funds to an international human trafficking ring in Southeast Asia. This move followed a collaboration...

CoinspeakerTether Decides to Discontinue Bitcoin Stablecoin amid Lack of Usage Along with Bitcoin Omni Layer, Tether has also decided to discontinue the stablecoin versions of Bitcoin Cash and Kusama. Tether Decides to Discontinue Bitcoin Stablecoin amid Lack of Usage

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Executives behind the stable currency Tether – which is not only popular, but also somewhat controversial – have announced they just bought more than $200 million worth of bitcoin as a means of backing their digital currency. Tether and Bitcoin… Together Again A stable currency is a digital currency that’s not...