Bitcoin (BTC) recently plunged to nearly $91,000 amid heightened trade war concerns, triggering significant market reactions. On the same day, centralized exchanges recorded a net inflow of $2.72 billion in tether (USDT), the largest stablecoin by market value, according to blockchain analytics firm IntoTheBlock.
Centralized crypto exchanges saw a record-breaking amount of Tether (USDT), the leading stablecoin pegged to the US dollar last week.
TL;DR Tether CEO highlights the long-term risks quantum computing could pose to Bitcoin's security, emphasizing that future advancements could enable the recovery of Bitcoin from lost or inactive wallets. The potential revival of Satoshi's dormant coins raises concerns about market stability, with analysts warning that reintroducing these coins could disrupt Bitcoin's supply dynamics.
Tether CEO Paolo Ardoino has shown interest in a proposal for a quantum-powered initiative aimed at retrieving lost Bitcoin. The idea, originally put forward by Bitcoin investor Brad Mills, suggests launching a white-hat treasure hunt to locate an estimated 3.7 million BTC that have vanished from circulation.
The risk is distant, but investors should prepare for the quantum revolution.
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week's edition, a Brazilian lawmaker introduces a bill to allow funds to purchase crypto, Tether details its Salvadoran skyscraper move, and crypto remittance volumes remain marginal in El Salvador.
Tron's evolution from a USDT-dominant network to a budding DeFi hub resulted in a significant increase in its transaction count and network fees.
Paolo Ardoino, Tether's CEO, claims that quantum computing, even when strong enough, won't crash Bitcoin's cryptographic system but instead raid lost wallets and put forgotten Bitcoins back into circulation.
Auantum computing advances could return lost Bitcoin to circulation, including Satoshi Nakamoto's holdings if the creator is dead, Ardoino says.
Tether CEO Paolo Ardoino has warned that quantum computing could eventually pose a threat to inactive Bitcoin wallets. The post Tether CEO Warns Quantum Computing Could Unlock Inactive Bitcoin Wallets appeared first on Cryptonews.
Tether CEO Paolo Ardoino has dismissed concerns that quantum computing poses an immediate risk to Bitcoin's security.
Paolo Ardoino, the chief executive officer at stablecoin giant Tether, has predicted that the Bitcoin holdings of Satoshi Nakamoto might be put back in circulation in the future.
Tether CEO Paolo Ardoino claims quantum computing will hack Bitcoin in "lost wallets" and return it to circulation — a move one trader warns could drag Bitcoin back to the "stone ages."
Tether CEO Paolo Ardoino claims quantum computing will hack Bitcoin in “lost wallets” and return it to circulation — a move one trader warns could drag Bitcoin back to the “stone ages.”
USDT minting on the TRON blockchain has surged dramatically, pushing the total supply of the stablecoin close to a historic peak. However, despite this significant increase in USDT supply, TRON's native token, TRX, has shown only modest growth, and its price remains largely unaffected by the surge in stablecoin minting.
Tether CEO Paolo Ardoino predicts bitcoin users will transition to quantum-resistant addresses long before advanced computers pose a genuine threat to its cryptography, though millions in lost coins — potentially including Satoshi Nakamoto's stash — could face risks.
USDT minting on TRON has surged, but the asset hasn't quite responded very quickly.
With $140 billion in stablecoins under its control and $7 billion in excess reserves, the crypto giant Tether is reportedly splashing cash on everything from AI to right-wing media.
The market cap of USDT reached an all-time high of $141.76 billion. Stablecoin regulation is gaining momentum as global leaders propose a bill.
The remarkable change the TRON blockchain is going through confirms its strong presence in the cryptocurrency scene. Driven mostly by stablecoin transactions and a growing memecoin industry, recent data exposes a solid increase in network activity.
Tether has partnered with Reelly Tech to integrate USDT transactions into the UAE real estate market, allowing 30,000+ agents to leverage stablecoins for streamlined property transactions.
Tether's CEO, Paolo Ardoino took to X (formerly Twitter) to express his bullishness about his company's market position. The CEO's statement came in response to growing competition within the stablecoin market.
Tether CEO Paolo Ardoino has reaffirmed the company's strong market position amid increasing competition in the stablecoin sector. Speaking at the PlanB Forum in El Salvador and later addressing concerns on social media, Ardoino emphasized that Tether has spent the past decade building an extensive global distribution network.
Tether is continuing to expand its stablecoin supply by minting $1 billion batches of USDT on the TRON blockchain. The move is a sign of Tether's commitment to bolstering liquidity across chains, while also highlighting the rapid expansion of TRON's DeFi ecosystem.
The balance of Tether's stablecoin, the largest in the world by market share, has surged to near all-time highs on the Tron network.
Tether CEO Paolo Ardoino dismissed concerns about stablecoin competition. Tether CEO Paolo Ardoino has dismissed concerns about competition in the stablecoin market, emphasizing Tether's (USDT) decade-long growth and extensive distribution network.
Tether is poised to grow in the United States as Paolo Ardoino showed optimism with allies in government.
In a fresh shake-up, Tether (USDT) stablecoin has once again overtaken XRP in the crypto market rankings. With a market capitalization of $141.4 billion, Tether now ranks as the third largest cryptocurrency, pushing XRP to the fourth spot with a current market valuation of $139.72 billion.
With billions in excess reserves, Tether now wants to accelerate its expansion into sectors beyond crypto, a report reveals.
Stablecoin issuer Tether is advancing its AI initiatives with a focus on translating brain signals into speech. In a Feb. 6 post on X, Tether CEO Paolo Ardoino revealed that Tether Data's research and development (R&D) team has built an electrocorticography (ECoG) plugin.
Tether and Reelly Tech join forces to revolutionize UAE's real estate industry by implementing stablecoin payments and launching educational initiatives.
Tether CEO Paolo Ardoino just unveiled some of the artificial intelligence (AI) products that the stablecoin company is currently working on.
Real-estate agents in Dubai will be able to close deals using USDT payments.
In a latest development, Tether Operations Limited, the largest company in the digital asset industry, has signed a major Memorandum of Understanding (MoU) with Reelly Tech, a top real estate B2B platform in the UAE.
Tether CEO Paolo Ardoino has debunked rumors that the stablecoin issuer wants to launch a blockchain network. In a reaction to a post by popular crypto personality Ansem asking whether Tether is launching a blockchain, Ardoino simply responded NO.
Tether and Reelly Tech have entered a strategic partnership to incorporate USDT into real estate transactions across the UAE. The collaboration enables over 30,000 local and international agents on Reelly Tech's platform to utilize the stablecoin for property purchases, improving transaction efficiency and security.
Tether and Reelly Tech are teaming up to integrate USDT into real estate transactions in the UAE. The partnership aims to improve efficiency in real estate deals while educating agents on the practical applications of stablecoins.
Tether and its new partner in the UAE will offer an opportunity to use USDt to purchase real estate at 30,000 local and international property agents.
A few weeks ago, DeepSeek rocked the AI market with a cheaper, perhaps even better Chat GPT alternative. In the aftermath, AI hype took a hit and crypto projects fell, before eventually bouncing back.
Tether CEO Paolo Ardoino has once again refuted claims that the company is developing its blockchain. On Feb. 5, Ardoino took to X to clarify that Tether has no intention of launching a blockchain, calling the speculation baseless.
Tether, the world's largest stablecoin issuer, is expanding its artificial intelligence (AI) initiatives with several new applications in development, according to CEO Paolo Ardoino. The post Tether is Developing New AI Applications, Including AI Bitcoin Wallet Assistant appeared first on Cryptonews.
Stablecoin issuer Tether is developing a number of AI apps such as AI Translate, AI Voice Assistant and AI Bitcoin Wallet Assistant.
Tether is developing AI-powered applications, including a bitcoin wallet assistant, translation tools, and voice assistants, aiming to enhance user experience and privacy. Development of Ai-Powered Tools by Tether Tether, renowned for its USDT stablecoin, is expanding into artificial intelligence (AI) with a suite of innovative applications.
Tether is gearing up to roll out an AI platform with tools for translation, voice assistance, and Bitcoin wallet management.
Tether, the issuer of the world's largest stablecoin, is expanding its artificial intelligence (AI) capabilities. On Feb. 4, Paolo Ardoino, the company's CEO, revealed that the firm is working on several AI-driven applications while preparing to launch an open-source software development kit (SDK) platform.
Tether CTO Paolo Ardoino revealed the company is expanding beyond stablecoins to venture into Artificial Intelligence(AI). According to the CTO, the AI-backed applications will focus on working locally to guarantee full privacy.
TL;DR Tether is launching a new initiative called Tether Data to integrate AI-driven solutions into financial and communication tools. The open-source AI SDK platform, built on Bare, will support development across various hardware and emphasize privacy and decentralization.
Tether CEO Paolo Ardoino recently provided an overview of Tether Data, showcasing three artificial intelligence (AI) applications currently in development. As the issuer of the USDT stablecoin, Tether is expanding its technological portfolio with a focus on AI integration.