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☆ Stablecoin Tether promotes tech chief to CEO, taking over from mysterious crypto leader
▼ + stars: | 2023-10-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Paolo Ardoino, the chief technology officer for Tether, has been promoted to CEO of the stablecoin company, in a surprise move. In a press release Friday, Tether said that Ardoino will lead Tether from December 2023, succeeding van der Velde. Ardoino will still serve as Tether's chief technology officer while taking on his additional duties as CEO, Tether said. He joined Tether as chief technology officer in 2017. The departure of van der Velde, an executive who has barely ever appeared in public, comes as Tether has faced scrutiny over transparency.

Persons: Paolo Ardoino, Ardoino, Jean, Louis van der Velde, van der Velde, Van der Velde, Bitfinex, Tether's van der Velde Organizations: U.S . Locations: Hong Kong

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Oct 13 (Reuters) - Crypto firm Tether's Chief Technology Officer Paolo Ardoino will also become its CEO from December 2023, the company said on Friday, in a surprise management shake-up for one of the crypto world's top tokens. Current CEO, Jean-Louis van der Velde, will "transition to an advisory role for Tether", the company said in a statement. Tether issues a stablecoin, also called Tether, which is designed to maintain a 1:1 dollar peg and is widely used in crypto-to-crypto trading. Little is known about van der Velde, who keeps a low public profile. Ardoino became chief technology officer of Tether in 2017, the company said.

Persons: Dado Ruvic, Paolo Ardoino, Jean, Louis van der Velde, van der Velde, Ardoino, Elizabeth Howcroft, Louise Heavens Organizations: REUTERS, Tether's, Twitter, Thomson

☆ Namibia chase elusive first World Cup win against Uruguay
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +3 min

Rugby Union - Rugby World Cup 2023 - Pool A - France v Namibia - Orange Velodrome, Marseille, France - September 21, 2023 Namibia's Johan Deysel looks on after being sent off REUTERS/Peter Cziborra/File Photo Acquire Licensing RightsSept 25 (Reuters) - Namibia have made seven changes to their starting line-up for their final Rugby World Cup Pool A match against Uruguay in Lyon on Wednesday, one of which has been forced through the absence of captain Johan Deysel. Coach Allister Coetzee has long targeted this fixture as the one to break his team’s unwanted record run of 25 consecutive losses in the World Cup since they made their debut in 1999. "The players know what a win means for the country, it can change a lot. Prop Johan Coetzee and wing Gerswin Mouton are therefore the only players to have started all four matches in France. Namibia lost 26-18 to Uruguay in Montevideo last month and Coetzee believes that elusive World Cup win is there for the taking.

Persons: Namibia's Johan Deysel, Peter Cziborra, Johan Deysel, Coach Allister Coetzee, Coetzee, Antoine Dupont, I’ve, He’s, Johan Coetzee, Gerswin Mouton, Alcino Izaacs, Danco Burger, Andre van den Berg, Tiaan Swanepoel, Damian Stevens, Richard Hardwick, Prince Gaoseb, Uanivi, They’ve, it’s, Jason Benade, Torsten Van Jaarsveld, Adriaan Ludick, Tiaan De Klerk, JC Greyling, Burger, Cliven, Louis van der, Desiderius Sethie, Haitembu Shifuka, PJ Van Lill, Max Katjijeko, Adriaan Booysen, Jacques Theron, Andre van der, Nick Said, Pritha Sarkar Organizations: Rugby Union, Rugby, REUTERS, Uruguay, Gerswin, Former Australia, Thomson Locations: France, Namibia, Orange, Marseille, Lyon, Deysel, flyhalf, scrumhalf, Uruguay, Montevideo, Andre van der Bergh

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