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Tether and Bitfinex Announce Public Grant to Help Qubes OS

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Tether and Bitfinex Announce Public Grant to Help Qubes OS

June 20, 2023 – Tether Operations Restricted (Tether), the corporate working the blockchain-enabled platform 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 offer 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 their contribution to Qubes OS, each firms try to foster innovation and empower people in safeguarding their digital belongings and private data.

“We acknowledge the paramount significance of privateness and safety within the digital age,” stated Paolo Ardoino, CTO of Tether and Bitfinex. “Due to this fact, 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 important recognition from famend bitcoiners and freedom activists for its strong safety structure and revolutionary method to defending consumer privateness. By leveraging Xen-based virtualization, the OS is ready to isolate completely different duties and functions inside separate digital machines known as ‘qubes’, and supply a degree of safety that surpasses conventional working techniques. This method offers a extremely safe atmosphere for conducting delicate duties reminiscent of monetary transactions, accessing delicate data, or speaking securely.

“We drastically welcome the grant that has been gifted by Tether and Bitfinex. Their help of our open supply software program improvement is crucial to the continued progress of our working system, and guaranteeing it stays the best-in-class safe platform for all customers,” stated the Qubes OS group.

About Tether (USD

Tether is a pioneer within the discipline of stablecoin know-how, pushed by an intention to revolutionize the worldwide monetary panorama. With a mission to offer accessible, safe, and environment friendly monetary, communication, and power infrastructure. Tether permits higher monetary inclusion, communication resilience, fosters financial progress, and empowers people and companies alike. 

Because the creator of the biggest, most clear, and liquid stablecoin within the business, 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 persistently 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 techniques 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 companies for merchants and world liquidity suppliers. Along with a set of superior buying and selling options and charting instruments, Bitfinex offers 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 knowledgeable merchants and liquidity suppliers around the globe. Go to to study extra.

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