Bitcoin’s Sudden Drop and Market Reactions: A Recap
On the night of August 17, the price of the first cryptocurrency fell about 8% in just ten minutes, dropping to $25,409. Now the bitcoin exchange rate has risen slightly to $26,493. According to Coinglass data, more than 175,000 market participants have liquidated positions worth more than $1 bil ...
Tether’s CTO Ensures Monitoring of Customers for Sanctions Violations
Tether Chief Technology Officer Paolo Ardoino said the company is monitoring all customers for sanctions violations. "We automatically monitor all customers for potential sanctions violations on an ongoing basis using World-Check," Paolo Ardoino wrote ...
Crypto Expert Craig Wright Dismisses USDT Stablecoin as a “Walking Dead Coin”
The entrepreneur from Australia, who has made a name for himself in the crypto community as "the self-proclaimed Satoshi Nakamoto," recently expressed criticism towards the USDT stablecoin on social media. This reaction came in response to comments made by Mr. Whale, a prominent crypto expert, wh ...
Tether’s CTO Believes Bitcoin Could Beat Its Previous Record Amid Banking Crisis and Economic Uncertainty
According to Tether's CTO, amidst the current banking crisis and global economic uncertainty, Bitcoin's exchange rate may exceed its previous record of $68,000. Speaking at a conference in Paris, Paolo Ardoino noted that many traditional investors are now afraid of large banks collapsing. He a ...