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Tether Chief Technology Officer Paolo Ardoino tweeted: AI may improve the ability of malicious hackers, reduce the size of the brute force dictionary, learn and deduce your personal preferences. When choosing a password, don't make too obvious a combination.
https://twitter.com/paoloardoino/status/1670707098676523008
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Tether and Bitfinex Give Qubes OS 100,000 USDT Grant to Support Its Open Source Development
Tether and Bitfinex jointly announced a public grant to fund the open-source development of Qubes OS, widely considered the epitome of data security and privacy.
Tether and Bitfinex are jointly offering a grant of 100,000 USD₮ and underline their continued commitment to supporting projects that advance the development of secure and decentralized technologies. Through contributions to Qubes OS, both companies are committed to fostering innovation and helping individuals protect their digital assets and personal privacy.
“We recognize the importance of privacy and security in the digital age,” said Paolo Ardoino, CTO of Tether and Bitfinex. “We are therefore pleased to support the development of Qubes OS, a cutting-edge operating system. This grant represents our commitment to advancing open source initiatives, driving innovation and empowering individuals to take control of their digital lives."
“We very much welcome the funding from Tether and Bitfinex. Their support of our open source software development is critical to the continued growth of our operating system and ensuring it remains a first-class secure platform for all users,” said the Qubes OS team.
https://tether.to/en/tether-and-bitfinex-announce-public-grant-to-support-qubes-os
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Tether issued an additional 250 million USDT on the Ethereum network
Paolo Ardoino, chief technology officer of Tether, said that the Ethereum network has replenished the inventory of 250 million USDT. This is an authorized but unissued transaction, meaning the amount will be used as inventory for the next issuance request and chain swap.
https://twitter.com/paoloardoino/status/1671183574504988675
Tether to Launch Native USDT on Kava Network
Tether has announced that it will launch native USDT on the Kava network, a Layer 1 blockchain designed for scalability and speed.
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Founded in 2018, the Kava network is unique in that it is built with a common chain design, combining the flexibility of the Ethereum virtual machine with the speed, low transaction fees and interoperability of the Cosmos software development kit, and is the largest organic network in Cosmos and one of the crypto ecosystems. This unique architecture allows users to take advantage of Cosmos' "zone" functionality within the Kava protocol. Last month, Kava announced the successful launch of the "Kava 13" mainnet update, upgrading its infrastructure to provide users with increased security, scalability, functionality, and speed.
The announcement further cements Tether’s status as the most widely adopted stablecoin and pioneered the concept of stablecoins in the crypto-token space. The stablecoin is now live on several networks, including Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, and Tron.
https://tether.to/en/tether-token-usdt-to-launch-on-kava
Tether Treasury Burns 3.1 Billion USDT on Tron Chain
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Whale Alert data shows that Tether Treasury destroyed 3.1 billion USDT on the Tron chain.
Previously, Tether’s official tweet reminded that Tether was about to destroy the 3.1 billion USDT on the Tron chain accumulated in the Treasury wallet as part of the chain swap operation in the past period of time. During this process, the total supply of USDT will not change.
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