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.
Pi coin price remains in a bear market after falling by over 50% from its November highs. This retreat is likely because of the ongoing altcoin crash, and the ongoing open network launch jitters.
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.
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.
Tron, the outsider no one expected, overshadowed Bitcoin in 2024, riding a tsunami of stablecoins and memecoins, turning the blockchain into a true transaction fair.
Tron is on fire this year, beating even Bitcoin in price performance. Yes, you read that right.
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.
The influence of memecoin on the Tron network
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.
TRON (TRX), currently the 10th-largest cryptocurrency by market capitalization, has been gaining attention for its role in the rapidly growing decentralized finance (DeFi) space. With its price trading at $0.232, it remains 47% below its all-time high of $0.4407.
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.
Tron, the crypto project founded by Justin Sun, remains in a bear market after falling more than 40% from its highest level in 2024. Tron (TRX) price dropped to $0.
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.
The price of TRON (TRX) fell to $0.198 before rebounding on February 3. The cryptocurrency has resumed its uptrend after recovering above the $0.22 support.
The cryptocurrency market continued its volatile trajectory on Friday, with most major coins trading sluggishly. Bitcoin (BTC) remained subdued at the $97K level, while Ethereum (ETH), XRP, and Solana (SOL) experienced sharper declines. The global cryptocurrency market capitalisation stands at $3.15 trillion, reflecting a 1.06% decline over the past 24 hours.
The crypto market on Friday continued keeping investors on their toes, with coins mainly trading sluggishly. Bitcoin (BTC) price showcased a trading session at the $97K level, whereas Ethereum (ETH), XRP, and Solana (SOL) reflected a similar volatile trajectory.
Justin Sun's Tron coin has remained in a deep bear market despite having some of the strongest fundamentals in the crypto industry. Tron price has dropped to $0.2320, down by over 57% from its highest level in December last year. This article explores why the TRX price may bounce back in the coming weeks.
In 2024, Tron reached several important milestones, outpacing both Bitcoin and the broader altcoin market and expanding its user base.
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.
Tron (TRX), the cryptocurrency built around decentralized applications (dApps) and decentralized finance (DeFi), has shown a notable recovery after facing significant price declines in the past week. Despite a 10% drop in value over the past week, TRX saw a 3.7% rebound in the last 24 hours, bringing its price to $0.2253.
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.