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Breaking News: #Tether Announced Paolo Ardoino as the New CEO!

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Tether's CTO, Paolo Ardoino, is set to take over as CEO in December, succeeding Jean-Louis van der Velde, who will move to an advisory role.

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Tether is shifting its focus towards becoming a "tech-centric organization" and aims to reshape the future of finance by becoming an infrastructure partner in building "resilient" cities.

🔵Paolo Ardoino has been with Bitfinex since 2014 and joined
Tether in 2017, bringing extensive experience to his new leadership role.

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Tether is diversifying its business interests, including energy production and #bitcoin mining while maintaining its commitment to growth.
Breaking News: #Tether Takes Swift Action: Halts 32 Addresses Associated with #Terrorism and Warfare in #Israel and #Ukraine

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Tether, the largest #stablecoin company, is committed to collaborating with global law enforcement agencies to combat #cryptocurrency-funded terrorism and warfare.

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Tether has assisted 31 agencies in 19 jurisdictions, freezing $835 million in assets primarily linked to theft, including blockchain and exchange hacks, as well as other crimes.

🔶 Collaborative efforts with
Tether have extended to numerous countries, such as Brazil, Germany, Australia, China, the United States, and many others.

🔶 Their cooperation demonstrates a global commitment to curbing illicit activities in the cryptocurrency space.
Our 2023 Stablecoin Report explores stability and innovation, highlighting the pivotal role of stablecoins in the digital finance landscape.

Tether (USDT) stands out, leading stablecoins with an $89.674 billion market cap, demonstrating stability in a volatile market. Other stablecoins, including BUSD, USDC, and DAI, contribute to a diverse market alongside Tether.

The report delves into the performance of stablecoins, showcasing their resilience amid cryptocurrency market volatility and their crucial role in connecting digital and fiat currencies.

#cryptocurrency #Stablecoins #Crypto #Tether #USDT

https://coinpedia.org/research-report/stablecoin-performace-research-report/
From 2019 to 2024, the #cryptocurrency landscape has evolved dramatically!

While #Bitcoin and #Ethereum continue to dominate, #Tether, #Binance Coin, and #Solana have risen to the top, showcasing the dynamic shifts in #technology, regulation, and market preferences.

Explore the new era of digital currencies!
Crypto News of the Week

1. #SEC lawyers resigned after a federal judge sanctioned them in a $49M crypto fraud case

2. #BlackRock's IBIT fund hits 70-day inflow streak, tying with JETS. Scammers exit #solanameme projects

3. #ShibaInu raises $12M for blockchain security. Grayscale files for smaller #BitcoinETF with lower fees

4. #NYSE mulls 24/7 stock trading. Railgun denies laundering claims. #Kraken unveils self-custodial mobile wallet

5. Akira ransomware group linked to 250+ breaches. Hong Kong arrests 70 in JPEX crypto scandal

6. Ernst & Young unveils #Ethereum solution for business contracts. "Jay Mazini" sentenced to 7 years

7. #Bitcoin rollups enable limitless smart contracts. Nubank adds Bitcoin withdrawal/deposit feature

8. #Tether freezes wallets amid Venezuela's oil sanctions. #Binance founder faces DOJ's 3-year sentence recommendation

9. SEC demands $5.3B from Terra and Do Kwon over failed Terra #blockchain
Top 10 Cryptocurrencies by Market Cap! 📊

Curious about which cryptocurrencies are leading the market? Here's the latest snapshot of the top 10 cryptocurrencies by market cap:

Bitcoin (BTC): $1,358,499,870,661
Ethereum (ETH): $452,313,477,607
Tether (USDT): $112,242,780,862
BNB: $94,998,103,830
Solana (SOL): $76,068,048,492
USD Coin (USDC): $32,281,201,833
XRP: $29,025,511,305
Dogecoin (DOGE): $22,921,297,318
Toncoin (TON): $16,724,532,950
Cardano (ADA): $16,277,173,342

Bitcoin continues to dominate, but the competition is heating up! 🔥

Stay tuned to CoinPedia for all the latest crypto insights and updates! 📰🚀



#Cryptocurrency #MarketCap #Bitcoin #Ethereum #Tether #BNB #Solana #USDC #XRP #Dogecoin #Toncoin #Cardano #CryptoNews #Blockchain #CoinPedia
Top #CryptoNews This Week

1️⃣ U.S. #CPI May:
Annual CPI rate for May: 3.3%, lower than expected, #interest rates unchanged.(5.25% to5.5%)

2️⃣ #Biden #Cryptocurrency Donations:
Biden's team discussing cryptocurrency donations via #Coinbase Commerce to attract crypto-supporting voters.

3️⃣ Trump on #Bitcoin:
Trump advocates for U.S. Bitcoin mining, criticizes Biden's stance on cryptocurrency.

4️⃣ SEC Spot #ETH #ETF:
SEC Chair expects ETH spot ETF approval by summer's end, clarifies crypto compliance issues.

5️⃣#Vitalik suggests improving crypto use with zk proofs, decentralized networks, and privacy enhancements.

6️⃣ #Binance nance surpasses 200 million users, addresses trading incidents, and focuses on blockchain applications.

7️⃣#Bybit relocating staff to Malaysia, Dubai after opening registration for Chinese users.

8️⃣ #Tether to invest over $1 billion in emerging markets, #AI, and biotechnology.

9️⃣ #MicroStrategy plans to raise $700 million via private placement to buy more Bitcoin.
Top #CryptoNews in Past 12 Hours

1️⃣ June US
#CPI and #PPI released this week; #Powell testifies. 71.1% rate cut chance as per CME Group.

2️⃣
#Tether CEO Ardoino stated OpenAI was hacked. Local AI models protect privacy on new devices

3️⃣
#TeraWulf CSO Kerri Langlais expects to see more merger proposals for bitcoin mining companies. They mined bitcoin with nuclear energy, averaging $32,373 in June.

4️⃣
#Golem, which raised 820,000 ETH in its 2016 ICO, recently transferred 36,000 ETH, valued at $115 million.

5️⃣In Q2 2024, top centralized exchanges by capital inflow were
#Binance, Bitfinex, Bitget, Bybit, Gate, etc. Binance led with $908 million as per CryptoRank statistics

6️⃣
#Arkham reported the German Government transferred 500 BTC to Bitstamp and Coinbase ($27.9 million each)

7️⃣CoinShares reported $441 million inflows into digital asset investment products last week, with $398 million into
#Bitcoin