Tether CTO: Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’

“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino.

Tether Has No Plans to Go Public: CTO Paolo Ardoino (Exclusive Interview)

In this interview, Tether's CTO shares his thoughts on algorithmic stablecoins like Terra's UST, growing competition, IPO plans, and how the company handled the entire Bitfinex hack ordeal.

Turkey's second wave of major crypto interest: Bitfinex, Coinbase and KuCoin ramp up

Crypto thought leaders from major exchanges share insights and analysis on Turkey's burgeoning cryptocurrency landscape.

Tether CTO discusses threats to USDT; from rising competition to CBDCs

In a recent interview with Paolo Ardoino, the Chief Technology Officer of Tether and Bitfinex, Paolo revealed amongst other plans, that the company is confident that it will maintain its position as tThe post Tether CTO discusses threats to USDT; from rising competition to CBDCs appeared first on AMBCrypto.

Tether is gaining momentum against competing stablecoins, says Tether CTO

Paolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.

Bitfinex and Tether Donate 25 BTC to Aid El Salvadoran Families Hit by Gang Violence

Tether and Bitfinex decided to donate $1 million in Bitcoin to families in El Salvador affected by the ongoing gang murders.

Bitfinex and Tether Launch Public Fund to Support Salvadoran Families Affected by Gang Violence

Bitfinex, a cryptocurrency exchange, and Tether, issuer of USDT, the largest stablecoin by market cap, have partnered to launch a cryptocurrency fund to support Salvadoran families affected by gang violence.

Bitcoin whales fill their bags despite warnings BTC price could fall below $40K

Bitfinex heavyweights are not the only ones who see current Bitcoin price levels as a buying opportunity. Bitcoin (BTC) headed toward $42,000 on April 9 after bulls failed to spark a late-week turnaround.BTC/USD 1-hour candle chart (Bitstamp).

Light Speed: Kraken, Another Giant Exchange Integrates The Lightning Network

This is huge! Kraken now supports Lightning Network deposits and withdrawals.

Beware the Bitfinex whale: New $45K BTC sell wall appears amid worries Bitcoin could retrace

A whale who bought at $34,000 now looks set to sell near current levels as a large wall of asks appears on Bitfinex. Bitcoin (BTC) was up nearly 5% in 24 hours at the Wall Street open on March 25, but a new warning sign was giving traders cold feet.BTC/USD 1-hour candle chart (Bitstamp).

President Bukele hits out at Bitcoin Bond 'FUD' as CZ jets in to El Salvador

El Salvador’s President Nayib Bukele publicly called out Reuters for spreading “FUD” about delays in the country’s $1 billion 'volcano bond.' El Salvador President Nayib Bukele took to Twitter on Wednesday evening, hitting out at a Reuters report claiming Binance CEO Changpeng Zhao (CZ) was flying in to save El Salvador’s Bitcoin Bond.“Please don’t spread Reuter’s FUD,” Bukele tweeted to his 3.6 million followers, rebuking the claim that CZ was flying in to assist after the $1 billion bond offering, originally scheduled for mid-March, was postponed until September.

Bitcoin Shorts Decline On Bitfinex, Players Brace For Upward Trend?

Bitcoin continues to move sideways as the week progresses.

To ATH or not to ATH; here's what's next for Maker in the weeks ahead

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Massive short positions on Bitcoin were opened on Bitfinex in The post To ATH or not to ATH; here's what's next for Maker in the weeks ahead appeared first on AMBCrypto.

$4,900,000,000 Bitcoin Whale Initiates Massive BTC Transfers As Crypto Market Dips

The world’s richest non-exchange Bitcoin (BTC) whale is accumulating BTC amidst a widespread crypto market pullback.

Bitfinex refuses to freeze crypto belonging to non-sanctioned Russians

The crypto community stands up for the rights of ordinary Russians amid hundreds of businesses leaving the country, but the final decision is up to regulators. Amid global businesses boycotting the Russian residents over military conflict in Ukraine, some companies in the cryptocurrency industry stand up for the rights of non-sanctioned Russian citizens.Bitfinex, an affiliate firm of the world’s largest stablecoin provider, Tether (USDT), will not unilaterally freeze the accounts of ordinary Russian customers as part of the global sanctions unless it's forced to do so, a spokesperson for Bitfinex told Cointelegraph on Thursday.The representative emphasized that Bitfinex has taken appropriate action against the accounts of Russian users who have been sanctioned.

Total exchange BTC inflows have been net negative since July '21

There have been more outflows than inflows to most exchanges except Binance, FTX, Bittrex, and Bitfinex since last July, suggesting sellers may be exhausted according to Glassnode. Bitcoin inflows across all exchanges have been net negative since last July, but four major exchanges have been running contrary to this trend with nearly an equal amount of net positive inflows.There have been total net outflows of 46,000 BTC (worth around $1.8 billion at current prices) from all crypto exchanges since last July.Only Binance, Bittrex, Bitfinex, and FTX have seen net positive inflows of 207,000 Bitcoin (BTC), according to data from blockchain analytics firm Glassnode’s March 7 newsletter.

Crypto Market Tries to Recover With Ukraine Negotiations in Focus; Gold & Commodities Rise

  Bitcoin (BTC) and several other major cryptoassets initially fell on Monday, before buyers showed up later in the trading day to offer relief.

Bitfinex security token platform goes live in Kazakhstan

While the Bitcoin mining trading is fading in Kazakhstan, Bitfinex debuts its STO platform with a BTC mining-related token. Major global cryptocurrency exchange Bitfinex is finally moving forward with its security token platform (STO) in Kazakhstan, opening the first day of tradinGBitfinex Securities, Bitfinex’s blockchain-based investment platform, is officially starting on Tuesday, the company representatives announced to Cointelegraph.Announced in September 2021, the new STO platform is regulated within Kazakhstan’s national financial hub known as the Astana International Financial Center (AIFC).

Alleged Bitfinex Crypto Exchange BTC Launderer Morgan Seeks ‘Plea Deal’

  Half of the husband-and-wife duo that has been charged by American prosecutors with attempting to launder a monster bitcoin (BTC) allegedly raided from the crypto exchange Bitfinex in a 2016 hack is talking to the authorities about a possible “plea deal.” CNBC reported that a federal prosecutor told a court on Monday that he and lawyers for Heather Morgan (aged 31) were “discussing a possible resolution of her criminal case” that would not necessitate a trial....Read More: Alleged Bitfinex Crypto Exchange BTC Launderer Morgan Seeks ‘Plea Deal’

Governments Have Been Seizing Stolen Bitcoin and Ethereum. How?

From Bitfinex to Canada's "Freedom Convoy," governments have been recovering ill-gotten cryptocurrency—usually on a case-by-case basis.

Seizure of Bitfinex funds is a reminder that crypto is no good for money launderers

Law enforcement’s robust capacity to follow the money on the blockchain is good news for the crypto industry. As public understanding of how digital assets work becomes more nuanced along with the mainstreaming of crypto, the language of Bitcoin’s (BTC) “anonymity” gradually becomes a thing of the past.

Making sense of the Bitfinex Bitcoin billions

What happened with the Bitfinex hack? What does it mean now that the US has the Bitcoin? Why is LEO token mooning and why is Netflix involved? It’s the Netflix script that wrote itself.

LEO Token Pumps Post Bitfinex Bitcoin Seizure, But Why?

Bitfinex LEO Token has been rallying in the past week, as US authorities allegedly captured the bad actors that took over 100,000 BTC from the platform back in 2016.

Accused Bitfinex Bitcoin Launderer Heather 'Razzlekhan' Morgan Released on Bail

Heather Morgan, accused of laundering $3.6 billion of Bitcoin tied to the Bitfinex hack in 2016, has been released.

Bitfinex money laundering: Husband faces pre-trial detention, wife gets bail

The judge ordered pre-trial detention for Ilya Lichtenstein claiming he had the motive and the resources to flee and could become a flight risk. The husband-wife duo accused in the infamous $3.6 billion Bitcoin (BTC) money laundering case had quite a contrasting valentine.

Bitfinex Hack: Ilya Lichtenstein Remains in Federal Custody, Heather Morgan Released on Bail

  A judge in Washington D.C., USA, denied bail to Ilya Lichtenstein while releasing his wife, Heather Morgan, from detention on bail.

Heather Morgan, One of the Defendants in The $3.6B Bitfinex Bitcoin Case, Released Pending Trial

The man caught conspiring to launder the $3.6 billion worth of BTC stolen from Bitfinex years ago was detained even ahead of the trial.

USD 100M BlockFine, Indian Central Banker vs. Crypto, BTC & ETH Flows Changed + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Netflix to Release Documentary on 2016 Bitfinex Hack

Netflix Inc has announced it is going to release a documentary about the 2016 Bitfinex hack, a financial crime that can earn the tag as one of the biggest financial thefts in history.

The 120,000 Bitcoin Bitfinex Heist to be Turned into a Netflix Documentary

Netflix intends to turn one of the biggest Bitcoin-related financial crimes in history into a documentary.