Tether CEO Paolo Ardoino has denied recent rumors that the stablecoin issuer is offloading its Bitcoin holdings to buy gold. In a Sunday post on X, Ardoino said the company “didn’t sell any Bitcoin,” and reaffirmed its strategy of allocating profits into assets like “Bitcoin, gold, and land.” The comments came in response to speculation
Christian Catalini, co-creator of Facebook’s Libra project, warned on Friday that Stripe’s Tempo and Circle’s Arc could succeed commercially but at the cost of crypto’s decentralization ideal. Launched in 2019, Libra was Meta’s bold bid to create a global digital currency backed by a basket of stable assets. The project promised to make payments as
Bitcoin’s illiquid supply—the portion of coins held by entities with little history of spending—has climbed to a new record high, surpassing 14.3 million BTC in late August, according to Glassnode. With 19.9 million BTC currently in circulation, around 72% of the total supply is now illiquid, held by entities such as long-term holders and cold
Tether is preparing to merge its artificial intelligence platform, QVAC AI, with its peer-to-peer messaging app Keet, aiming to deliver fully private, device-based operations. The move, announced by Tether CEO Paolo Ardoino on September 6, underscores the company’s push to extend its reach beyond stablecoins and into privacy-focused communications. Tether’s Keet App Combines Crypto Payments
With the entire technology world moving towards sustainable and distributed solutions, the strategy behind Iagon fits the market trends perfectly, providing businesses with an energy-efficient and compliant alternative to centralized cloud computing services, such as AWS. Iagon with its GDPR-sensitive solutions and emphasis on regulated industries like finance and healthcare are addressing one of the
Velo, a pioneering blockchain technology provider, has revealed its planned integration with Lightnet, a FinTech group that provides infrastructure for cross-border money transfers using blockchain-based networks. As per details, Velo is set to be done with this integration by the Q4 of 2025, cementing its role as the FX core for real-time cross-border payments. This
The following is a guest post and opinion of Eneko Knörr, CEO and Co-Founder of Stabolut. Months ago, in an op-ed for CryptoSlate, I warned that the EU’s flagship crypto regulation, MiCA, would achieve the opposite of its goals. I argued it would strangle euro innovation while cementing the US dollar’s dominance for a new
Bitcoin is in no rush to pick a direction. The world’s largest cryptocurrency has been bouncing between support and resistance. Right now, Bitcoin is holding support between $106,700 and $107,600. Every dip into this zone has been met with buying. On the other side, resistance around $113,000 to $113,500 has been tough to break, keeping
Christian Catalini, the co-creator of the Diem project and the chief strategy officer at the crypto firm Lightspark, is outlining how the corporate world should tackle Bitcoin (BTC). In a post for the Harvard Business Review, Catalini says that the financial world is moving toward a “money-as-software” thesis, with the Bitcoin network positioned as the
Stablecoins like USDt have become the de facto currency for millions of people navigating a crumbling financial system in Venezuela as the country’s annual inflation rate surges to 229%. Once limited to crypto-savvy users, Tether’s USDt (USDT), often referred to locally as “Binance dollars,” is now widely used across Venezuela for everything from groceries and