Tether CEO Explains Why Bitcoin Is the Most Beautiful Currency in the World (Token2049 Dubai Interview)

Ardoino also outlined Tether's primary market and why the firm does not worry about DeFi.
Paolo Ardoino, CEO of Tether, spoke with CryptoPotato at the 2024 Token2049 Dubai Conference on AI, Bitcoin halving, freshly announced ETFs, USDT's market dominance, and other topics.
Ardoino, who is also the CTO of BitFinex, feels that stablecoins like USDT are designed for the unbanked, not developed countries like the United States.

https://cryptopotato.com/tethe....r-ceo-explains-why-b

 

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Tether CEO Explains Why Bitcoin Is the Most Beautiful Currency in the World (Token2049 Dubai Interview)

Ardoino also explained which is Tether's main market and why the company doesn't care about DeFi.

Post-Halving Fee Madness on the Bitcoin Network After the Introduction of Runes

Bitcoin's temporary record-breaking fees were caused by a surge of activity on the new Runes Protocol, which became online on the halving day.
The average Bitcoin transaction cost fell on Sunday, following a record high the day before.
Following the much-anticipated halving, the average fee per Bitcoin transaction reached a record high of $128.45 due to Runes. However, YCharts data show that the value plummeted to $34.8 million on April 21.

https://cryptopotato.com/post-....halving-fee-madness-

 

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Post-Halving Fee Madness on the Bitcoin Network After the Introduction of Runes

Bitcoin's brief record-breaking fees were due to the frenzy of activity on the new Runes Protocol, which went live on the halving day.

Sam Altman’s Worldcoin to Launch L2 Blockchain Prioritizing Human Transactions

Worldcoin's new blockchain will prioritize verified humans over bots, offering faster and cheaper transactions.
Worldcoin, co-founded by Open AI CEO Sam Altman and using iris-scanning technology to validate a user's "humanness," intends to establish an Ethereum layer-2 blockchain that prioritizes verified individuals over bots.
Worldcoin presently has over 10 million users, half of whom have confirmed their human identities using the project's Orb.

https://cryptopotato.com/sam-a....ltmans-worldcoin-to-

 

cryptopotato.com

Sam Altman's Worldcoin to Launch L2 Blockchain Prioritizing Human Transactions

Worldcoin's new blockchain will focus on verified humans over bots while promising faster and cheaper transactions.

Discussions for Spot Ethereum ETFs in Hong Kong Underway Amidst Bitcoin Frenzy

Hong Kong could soon have its own spot Ethereum ETF.
With the continuous excitement over spot Bitcoin ETFs propelling BTC to highs above $70,000, Hong Kong-based organizations are prepared to enter the race with their own offerings. While the demand for ETFs that provide exposure to Bitcoin for the retail market is increasing, a comparable vehicle for Ethereum has garnered substantial traction.
According to recent reports, eight financial institutions are seeking regulatory approval to create spot Bitcoin ETFs in Hong Kong. Interestingly, conversations about spot Ethereum ETFs are also ongoing.

https://cryptopotato.com/discu....ssions-for-spot-ethe

 

cryptopotato.com

Discussions for Spot Ethereum ETFs in Hong Kong Underway Amidst Bitcoin Frenzy

Hong Kong could soon welcome its very own spot Ethereum ETF.

X (Formerly Twitter) Remains a Haven for Scammers as Phishing Incidents Claim $104M

Impersonator profiles on X attract users to phishing sites, culminating in a $47 million cryptocurrency loss, turning the platform into a cybercriminal hotspot.
For more than a decade, X (previously known as Twitter) has served as a popular bait for scammers. However, the strategies used in these schemes are always evolving.
What concerns me is that many people are still falling for frauds due of false remarks made by bogus X accounts, directing them to phishing websites.

https://cryptopotato.com/x-for....merly-twitter-remain

 

cryptopotato.com

X (Formerly Twitter) Remains a Haven for Scammers as Phishing Incidents Claim $104M

Impersonator accounts on X lure users to phishing sites, resulting in a $47M crypto theft, making the platform a cybercriminal hotspot.