Paolo Ardoino

Bitfinex Reveals Proof-of-Reserves To Avoid Being Affected By FTX Crisis

Major cryptocurrency exchanges, including Binance, OKX, Kucoin, and Crypto.com, have recently made a commitment to publish their proof of reserve…

2 years ago

Tether CTO Affirms There Are No Plans To Save FTX

On November 10, Tether's CTO, Paolo Ardoino, confirmed the company has "no plans to invest or lend money to FTX/Alameda."…

2 years ago

U.S. Treasury Bills Account For 58.1% Of Tether’s Reserves

According to Tether's CTO Paolo Ardoino, US Treasury bills account for 58.1% of the firm's reserves. Ardoino tweeted that as…

2 years ago

Tether Announced The Launch Of USDT On Polkadot

Tether, the business behind the blockchain-enabled platform Tether.to, which powers the world's largest stablecoin by market value and the third…

2 years ago

El Salvador Offers To Buy Government Bonds In Advance

El Salvador offers to buy back a portion of its government bonds maturing in 2023 and 2025, the Central American…

2 years ago

Tether Launches USDT On Near Blockchain

Tether's USDT stablecoin has been launched on Near, a Layer 1 proof-of-stake blockchain that promotes usability and scalability. After Ethereum,…

2 years ago

Tether Is In Danger Of Facing Default

According to a Wall Street Journal (WSJ) article, Tether's (USDT) balance sheet is in such bad shape that merely a…

2 years ago

Bitfinex Confirms There Are 2 ETH Tokens After The Merge

The two newly minted chain split tokens that will allow users to trade on the fork event are ETHW and…

2 years ago

Tether Slashes Commercial Paper Holdings

Tether (USDT), the leading stablecoin issuer, has begun to reduce its commercial paper holdings, as promised earlier this year. Tether…

2 years ago

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