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Tether and Bitfinex pledge $100K grant for private operating system

Published 06/20/2023, 02:30 PM
Updated 06/20/2023, 04:00 PM

On June 20, Tether Operations Limited, the firm behind United States dollar stablecoin Tether (USDT), along with cryptocurrency exchange Bitfinex announced the allocation of a 100,000 USDT grant to support open-source privacy operating system Qubes OS. Paolo Ardoino, chief technology officer of Tether and Bitfinex, commented:

As told by developers, Qubes OS has garnered significant recognition from Bitcoin (BTC) enthusiasts and libertarians for its security architecture and approach to protecting user privacy. The OS uses Xen-based virtualization to isolate different tasks and applications within separate virtual machines, dubbed “qubes," to provide additional security for applications in financial transactions, accessing sensitive information or secure communications.

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