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$1 Million in USDT Refunded After DeFi Mistake
paolo ardoino

$1 Million in USDT Refunded After DeFi Mistake

Tether CTO Paolo Ardoino announced last Friday, that a group of Chinese traders had mistakenly sent their funds to Swerve, a clone of Curve Finance.

Bitcoin Price Not Everything Says Bitfinex CTO, as BTC moves Sideways
paolo ardoino

Bitcoin Price Not Everything Says Bitfinex CTO, as BTC moves Sideways

The Bitcoin price has stagnated, trending sideways between $32,000 and $34,000—but recognizing BTC’s true value is not all about price says Bitfinex CTO Paolo Ardoino.

Tether CTO: Moving DeFi forward in Asia
paolo ardoino

Tether CTO: Moving DeFi forward in Asia

Paolo Ardoino, CTO of Tether gives his take on the Decentralized Finance DEFI Ecosystem in Asia standing on the cusp of a global digital banking revolution.

Bitfinex CTO: Keeping Crypto Safe with State-of-the-Art Cyber Security
paolo ardoino

Bitfinex CTO: Keeping Crypto Safe with State-of-the-Art Cyber Security

Paolo Ardoino, the CTO of Bitfinex and Tether tells us why safety and security should always be a top priority for crypto exchanges.

Tether's Bitcoin Mining Site in Latin America Plans to Start Operations in a Few Weeks
paolo ardoino

Tether's Bitcoin Mining Site in Latin America Plans to Start Operations in a Few Weeks

Paolo Ardoino, CTO of Tether and Bitfinex, confirmed the authenticity of a photo of a container bearing the "Tether Energy" logo, confirming it was a depiction of a control room at a Latin American site nearing completion. Ardoino also shared a 3D design of the site.

Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control
paolo ardoino

Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control

Tether is testing its new Bitcoin mining platform, Moria, which has undergone significant software enhancements, including software-driven PDU management and multisig approval. Moria is designed to integrate with IoT devices, potentially revolutionizing mining operations. Tether's diversification into Bitcoin mining is still in its testing phase.

Paolo Ardoino: Tether Ranks 22nd in US Treasury Holdings, Surpassing Mexico, Australia, and Spain
paolo ardoino

Paolo Ardoino: Tether Ranks 22nd in US Treasury Holdings, Surpassing Mexico, Australia, and Spain

Tether, the world's leading stablecoin, now holds $72.5 billion in U.S. Treasury bills, despite China's divestment from U.S. debt. Mixed reactions arise, questioning long-term stability in emerging markets.

Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses
paolo ardoino

Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses

Tether has frozen 32 cryptocurrency addresses tied to terrorism funding in Israel and Ukraine, manifesting the growing partnership between crypto firms and global law enforcement to combat digital-financed crime.

Tether Ventures into Sustainable Energy Production and Bitcoin Mining in Renewable-Rich Uruguay
paolo ardoino

Tether Ventures into Sustainable Energy Production and Bitcoin Mining in Renewable-Rich Uruguay

Tether, the company renowned for powering the world's foremost stablecoin, announced today its ambitious venture into energy production and sustainable Bitcoin mining in Uruguay.

Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth
paolo ardoino

Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth

Tether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health.

Tether Implements Wallet-Freezing Policy Aligned with US Regulations
paolo ardoino

Tether Implements Wallet-Freezing Policy Aligned with US Regulations

Tether's wallet-freezing policy, in line with US OFAC regulations, is a proactive approach to cybercrime, setting a new standard in the crypto industry.

Tether USD₮ Sets New Record Cementing Its Status as the Top Stablecoin for Global Financial Freedom
paolo ardoino

Tether USD₮ Sets New Record Cementing Its Status as the Top Stablecoin for Global Financial Freedom

Tether, the leading blockchain-enabled platform behind the widely used stablecoin, USD₮, has achieved a significant milestone by surpassing its previous all-time high market cap of $83.2 billion, which was set in May 2022.

Tether CTO Asserts $XAUT as the Digital Resurgence of the Gold Standard
paolo ardoino

Tether CTO Asserts $XAUT as the Digital Resurgence of the Gold Standard

Paolo Ardoino, Tether's CTO, recently discussed the role of Tether Gold ($XAUT), Bitcoin, and gold in the evolving economic landscape.

Tether's $1 Billion USDT Minting Stirs Debate: Inventory Replenishment or Market Manipulation?
paolo ardoino

Tether's $1 Billion USDT Minting Stirs Debate: Inventory Replenishment or Market Manipulation?

Tether's recent billion-dollar minting for inventory replenishment has sparked debates on transparency, impact, and potential market influences, despite significant growth.

Tether CTO Paolo Ardoino Dispels USDT Market Fear Amidst Rising Deposits in Curve 3Pool
paolo ardoino

Tether CTO Paolo Ardoino Dispels USDT Market Fear Amidst Rising Deposits in Curve 3Pool

Paolo Ardoino, CTO of Tether and Bitfinex, has responded to growing fears in the crypto market with an assertive tweet stating, "Markets are edgy in these days, so it's easy for attackers to capitalize on this general sentiment. But at Tether we're ready as always. Let them come. We're ready to redeem any amount."

Tether's Development Team Nears Completion of Advanced Mining Libraries
paolo ardoino

Tether's Development Team Nears Completion of Advanced Mining Libraries

Tether's dev team is nearing completion of JavaScript libraries for mining, utilizing Holepunch.to technology. CTO Paolo Ardoino announced the development on Aug 5, 2023.

Tether Says Will Not Block Tornado Cash until it is Directed by Authorities
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Tether Says Will Not Block Tornado Cash until it is Directed by Authorities

Tether has affirmed it will not be blockchain addresses linked to Tornado Cash unless explicitly asked to do so by the government.

Bitfinex Launches $400 Million Bounty Hunt for 2016 Hackers Who Stole $1.3 Billion in BTC
paolo ardoino

Bitfinex Launches $400 Million Bounty Hunt for 2016 Hackers Who Stole $1.3 Billion in BTC

Bitfinex has launched a 400 million dollar bounty hunt in search of the hackers responsible for the theft of nearly 120,000 Bitcoins from the global exchange in 2016.

CBDCs Will Not Change the Role of Stablecoins, Says Tether CTO
paolo ardoino

CBDCs Will Not Change the Role of Stablecoins, Says Tether CTO

The subject of CBDCs has garnered a lot of thoughts from experts in the cryptocurrency ecosystem; one of them is Tether CTO Paolo Ardoino.

Ether Price Keeps Rising to ATH, What’s Fueling the Ethereum Surge?
paolo ardoino

Ether Price Keeps Rising to ATH, What’s Fueling the Ethereum Surge?

Ethereum keeps rising higher hitting a new all-time high of $1,689 according to CoinMarketCap. Where will Ether go from here and what’s fueling the surge?

Tether Tokens (USDt) Community and Utility Pushes Market Cap Over $20 Billion
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Tether Tokens (USDt) Community and Utility Pushes Market Cap Over $20 Billion

Tether.to, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has surpassed US$20 billion, driven purely by community and utility.

Bitfinex Partners with ODEM to Revitalize Crypto Education
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Bitfinex Partners with ODEM to Revitalize Crypto Education

Bitfinex has joined hands with ODEM, an on-demand education and employment marketplace, in creating a new education model on the importance of digital tokens in the blockchain and crypto space.

Bitcoin Price Plummets After Bitmex Starts BTC Double Spend Rumor, Grayscale Buys the Dip
paolo ardoino

Bitcoin Price Plummets After Bitmex Starts BTC Double Spend Rumor, Grayscale Buys the Dip

BitMex Research incorrectly identified a double spend of around $21 in Bitcoin. The BTC price fell to a low of $28,953.37 and Grayscale Investment bought up $1.2 billion worth.

$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain
paolo ardoino

$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain

$100 million worth of Tether (USDT) has been transferred from the Tron network, a blockchain-based decentralized operating system, to the Ethereum blockchain.

Tether’s Market Cap Surges By $1 Billion in Just 9 Days to Hit $19 Billion
paolo ardoino

Tether’s Market Cap Surges By $1 Billion in Just 9 Days to Hit $19 Billion

The market capitalization of leading stablecoin Tether (USDT) has been on a roller coaster ride after surging by $1 billion in a record 9 days to hit $19 billion.

Token Metrics CEO: Bitcoin Price Increase to $26k likely, $32k Possible, and $40k Outlandish
paolo ardoino

Token Metrics CEO: Bitcoin Price Increase to $26k likely, $32k Possible, and $40k Outlandish

Bitcoin's market rise today is historic, with the price currently sitting at over $21,770 we are officially in uncharted territory - At what price level will the BTC bulls rest?

Tether Brings into Play Anti-Money Laundering Solutions with Chainalysis Tool
paolo ardoino

Tether Brings into Play Anti-Money Laundering Solutions with Chainalysis Tool

Tether, the most leveraged stablecoin provider based on market capitalization, has deployed a tool provided by Chainalysis, a blockchain analytical company, in its quest to have anti-money laundering (AML) compliance solutions

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