Another 1 billion USDT has been “authorized but not issued,” as stated by CEO Paolo Ardoino of Tether, the firm behind the stablecoin. Whale Alert, informed on December 25 via twitter that Tether Treasury has minted one billion USDT ($1 billion). The CEO of Tether, Ardoino, then issued a public
Warsaw, Poland, December 14th, 2023, Chainwire Flipster, the fast-growing crypto trading platform, released its final campaign series for the year. Named ‘The Dragon’s Treasure’, this campaign is Flipster’s first themed event, consisting of an initial nine trading competitions over seven weeks with up to 1 million USDT worth of prizes
A new citizenship-by-investment scheme in El Salvador has been created. It offers a residence permit and a road to citizenship to 1,000 individuals who are ready to shell out $1 million worth of investment in the nation in Bitcoin or USDT. The cost of citizenship in the Bitcoin-friendly nation starts
Stablecoin firm Tether froze over $225 million worth of its USDT token following a U.S. investigation into an international human trafficking operation. The freeze represents the largest ever for a stablecoin and resulted from Tether’s collaboration with law enforcement. The U.S. Department of Justice (DOJ) had been investigating the Southeast
USDT stablecoin issuer Tether has been steadily minting new USDT tokens, producing 4 billion USDT during the previous month. Whale Alert revealed that on November 10, Tether released another billion Tether on the Tron network. According to Whale Alert statistics, the most recent USDT minting occurred only a few days
Georgetown, Cayman Islands, November 2nd, 2023, Chainwire Injective, a Cosmos Layer-1 blockchain designed to power next-generation DeFi applications, has selected the Kava Chain’s Native USDT for their Perps trading. The Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability
USDT stablecoin Issuer Tether’s CTO, Paolo Ardoino, will soon assume the role of Chief Executive Officer in December and lead the firm. The stablecoin issuer’s leadership change comes at a critical moment. Under Ardoino’s leadership, the stablecoin industry leader is making strides towards real-time reserve transparency. Italian software developer Paolo
USDT stablecoin issuer Tether has appointed Paolo Ardoino as its new CEO. Jean-Louis van der Velde, the company’s former CEO, has moved into an advising position to continue his contributions. Ardoino’s growth into emerging fields and investment in Bitcoin have been met with praise from the cryptocurrency community. Paolo Ardoino
On-chain analyst Lookonchain recently tracked two wallets withdrawing a combined 33.9 million USDT stablecoins from Circle and depositing them to major U.S. exchange Kraken. While the entity behind the wallets is unknown, Lookonchain suspects the same institution controls both addresses based on the precise timing of the USDT transfers. The
In a surprising turn of events on October 2, 2023, prominent whale data collector Whale Alert reported two substantial Tether (USDT) transactions worth $50 million each, originating from renowned crypto exchange Bitfinex and directed towards the “Tether Treasury” address. These transfers took place within a span of just two minutes,
