Miami Beach-based cryptocurrency project $Garbage is gaining popularity in the crypto world with its unique garbage-themed meme coin. The project aims to challenge the current state of global affairs and the financial system by embracing the idea of a “cesspool of dysfunction.” $Garbage is a community-driven movement that aims to expose the flaws in the financial system while having fun. The project plans to host various community events and contests, offering a total of $100,000 USDT in prizes. With features like staking, contribute2earn, buybacks, and in-game utility, $Garbage aims to be more than just a meme coin. The project has a large following on TikTok, making it one of the largest crypto meme channels. The presale for $Garbage will go live in October, and interested buyers can find more information on the project’s website and social media platforms. In other news, Tether, the stablecoin issuer, has appointed Paolo Ardoino as its new CEO, effective from December 2023. Ardoino will continue to serve as Bitfinex CTO and Chief Strategy Officer for Holepunch. The management change comes as Tether looks to diversify into new verticals and expand its presence in the artificial intelligence space. Ardoino’s elevation to CEO reflects Tether’s commitment to transparency, security, and the integration of digital assets into the financial system.

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Information	Details
Geography	North America
Countries	🇺🇸
Sentiment	positive
Relevance Score	1
People	Paolo Ardoino, Jean-Louis van der Velde, Oscar Groucho
Companies	Bitfinex, Holepunch, TikTok, Northern Data Group, Tether, Telegram, Twitter, $Garbage, Instagram
Currencies	None
Securities	None