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Tether has launched two major initiatives - investing in the self-custodial wallet Zengo and implementing the Legacy Mesh cross-chain integration system - to improve user access and simplify cross-chain transfers for its USDT stablecoin.
Paolo Ardoino, the Chief Technology Officer of Tether, recently shared his views on the growing conversation around quantum computing and its potential impact on Bitcoin. The Tether executive took to X to assure the crypto community that Bitcoinn's cryptography remains secure and that major developments in quantum computing won't affect Bitcoin's core values.
Can Tether still sleep peacefully? USDC rises to $56.3 billion, wipes out its losses, and makes its way to the table of the big players.
Tether has chosen Arbitrum as the infrastructure provider for its new crosschain stablecoin, USDT0, leveraging Arbitrum's Legacy Mesh technology.
Tether announced on Feb. 11 the Legacy Mesh, a system designed to connect USDT0 and existing USDT deployments across multiple blockchain networks. The integration spans TRON, Ton, Ethereum, Arbitrum, Ink, and Berachain, creating a unified framework for stablecoin interoperability.
The importance of self-custody in cryptocurrencies
Tether has invested in Zengo, a self-custody crypto wallet known for eliminating seed phrase vulnerabilities. The partnership looks to expand stablecoin adoption, enhance security, and offer users more blockchain-based financial tools. Zengo's track record of zero hacks supports Tether's vision of secure digital asset management. The post Tether Invests in Self-Custody Wallet Zengo to Speed up Stablecoin Adoption appeared first on Cryptonews.
The firm behind the biggest US dollar-pegged stablecoin by market cap is throwing its considerable weight behind a new multichain custody wallet. According to a new announcement from USDT-issuer Tether, the stablecoin behemoth is investing in the self-custodial crypto wallet Zengo.
Tether's strategic investment in Zengo wallet boosts stablecoin adoption, enabling seamless transactions and secure self-custody for global users.
Thai and Chinese authorities seized $2.5M in USDT and exposed human trafficking linked to two Chinese scammers operating from Thailand and Cambodia. The post Thailand-China Joint Operation Seizes $2.5M USDT from Chinese Scammers appeared first on Cryptonews.
TON's integration with LayerZero plays a key role in connecting the TON network to the ecosystem of the Tether USDt stablecoin.
TON's integration with LayerZero plays a key role in connecting the TON network to the ecosystem of Tether's USDt stablecoin.
Tether has announced a strategic investment in self-custodial crypto wallet Zengo to enhance the security and accessibility of blockchain tools. In a press release shared to crypto.
Tether has invested in Zengo Wallet to boost self-custody features as USDt faces regulatory pressure in the EU.
Valued at more than $141 billion, Tether's USDt is the world's largest stablecoin by market capitalization and usage.
Thai police freeze $2.5 million in USDT linked to Chinese scam suspects. The investigation uncovers hidden wallets, human trafficking links, and fraudulent operations.
A Tether spokesperson said it demonstrates “every transaction is traceable, every asset can be seized, and every criminal can be caught.”
The chief executive of stablecoin issuer Tether (USDT) says that quantum computing will allow hackers to steal Bitcoin (BTC) from lost wallets.
Bitcoin (BTC) recently plunged to nearly $91,000 amid heightened trade war concerns, triggering significant market reactions. On the same day, centralized exchanges recorded a net inflow of $2.72 billion in tether (USDT), the largest stablecoin by market value, according to blockchain analytics firm IntoTheBlock.
Centralized crypto exchanges saw a record-breaking amount of Tether (USDT), the leading stablecoin pegged to the US dollar last week.
TL;DR Tether CEO highlights the long-term risks quantum computing could pose to Bitcoin's security, emphasizing that future advancements could enable the recovery of Bitcoin from lost or inactive wallets. The potential revival of Satoshi's dormant coins raises concerns about market stability, with analysts warning that reintroducing these coins could disrupt Bitcoin's supply dynamics.
Tether CEO Paolo Ardoino has shown interest in a proposal for a quantum-powered initiative aimed at retrieving lost Bitcoin. The idea, originally put forward by Bitcoin investor Brad Mills, suggests launching a white-hat treasure hunt to locate an estimated 3.7 million BTC that have vanished from circulation.
The risk is distant, but investors should prepare for the quantum revolution.
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week's edition, a Brazilian lawmaker introduces a bill to allow funds to purchase crypto, Tether details its Salvadoran skyscraper move, and crypto remittance volumes remain marginal in El Salvador.
