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Tether Didn't Sell Bitcoin, CEO Paolo Ardoino Says: Will Keep Investing Profits In Safe Assets As 'World Continues To Get Darker'

Tether Didn't Sell Bitcoin, CEO Paolo Ardoino Says: Will Keep Investing Profits In Safe Assets As 'World Continues To Get Darker'

Paolo Ardoino, CEO of Tether (CRYPTO: USDT), refuted claims Sunday that the stablecoin issuing company is selling Bitcoin (CRYPTO: BTC), while asserting its commitment to investing in “safe” assets. Tether Bullish On Bitcoin, Says Ardoino In an X post, Ardoino clarified that Tether “didn’t sell…See the Story

Kinto Plunges 81% as ETH L2 Set to Wind Down Months After Hack

Blockchain · Turkey

Kinto Plunges 81% as ETH L2 Set to Wind Down Months After Hack

The team behind the Ethereum layer-2 project Kinto announced it would shut down at the end of September, causing the Kinto token’s price to drop nearly 80%.See the Story

South Korea caps crypto lending rates at 20%, bans leveraged loans

OECD · South Korea

South Korea caps crypto lending rates at 20%, bans leveraged loans

The FSC in South Korea unveiled stricter crypto lending guidelines, prohibiting leverage, setting a 20% interest ceiling, and restricting offerings to leading coins.See the Story

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