Home Bitcoin Tether and Bitfinex Announce Public Grant to Help Qubes OS

Tether and Bitfinex Announce Public Grant to Help Qubes OS

Tether and Bitfinex Announce Public Grant to Help Qubes OS


Tether and Bitfinex Announce Public Grant to Help Qubes OS

June 20, 2023 – Tether Operations Restricted (Tether), the corporate working the blockchain-enabled platform tether.to that powers the primary and most generally used stablecoin and Bitfinex,  a state-of-the-art digital asset buying and selling platform, have joined forces to supply a public grant to help the open-source improvement of Qubes OS, an working system broadly acknowledged because the epitome of information safety and privateness.   

Tether and Bitfinex’s grant of 100,000 USD₮ underscores a continued dedication to help tasks that drive the event of safe and decentralized applied sciences. By means of their contribution to Qubes OS, each firms try to foster innovation and empower people in safeguarding their digital belongings and private info.

“We acknowledge the paramount significance of privateness and safety within the digital age,” mentioned Paolo Ardoino, CTO of Tether and Bitfinex. “Subsequently, we’re happy to help the event of Qubes OS, which is a cutting-edge working system famend for its iron clad safety. This grant represents our dedication to fostering open-source initiatives that drive innovation and empower people to take management of their digital lives.”

Qubes OS is an open-source undertaking that has garnered vital recognition from famend bitcoiners and freedom activists for its strong safety structure and progressive method to defending person privateness. By leveraging Xen-based virtualization, the OS is ready to isolate totally different duties and functions inside separate digital machines known as ‘qubes’, and supply a stage of safety that surpasses conventional working methods. This method supplies a extremely safe setting for conducting delicate duties corresponding to monetary transactions, accessing delicate info, or speaking securely.

“We enormously welcome the grant that has been gifted by Tether and Bitfinex. Their help of our open supply software program improvement is vital to the continued development of our working system, and making certain it stays the best-in-class safe platform for all customers,” mentioned the Qubes OS crew.

About Tether (USD

Tether is a pioneer within the area of stablecoin know-how, pushed by an purpose to revolutionize the worldwide monetary panorama. With a mission to supply accessible, safe, and environment friendly monetary, communication, and power infrastructure. Tether allows larger monetary inclusion, communication resilience, fosters financial development, and empowers people and companies alike. 

Because the creator of the biggest, most clear, and liquid stablecoin within the trade, Tether is devoted to constructing sustainable and resilient infrastructure for the good thing about underserved communities. Recognizing the transformative potential of free open-source software program, Tether constantly nurtures initiatives to drive the event of safe and decentralized applied sciences. Tether’s deep-rooted dedication to open-source software program is a core a part of its mission to revolutionize the worldwide monetary panorama. By leveraging cutting-edge blockchain and peer-to-peer know-how, it’s dedicated to bridging the hole between conventional monetary methods and the potential of decentralized finance.

About Bitfinex

Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art providers for merchants and international liquidity suppliers. Along with a collection of superior buying and selling options and charting instruments, Bitfinex supplies entry to peer-to-peer financing, an OTC market and margin buying and selling for a wide array of digital tokens. Bitfinex’s technique focuses on offering unparalleled help, instruments, and innovation for skilled merchants and liquidity suppliers world wide. Go to www.bitfinex.com to study extra.

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