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Paolo Ardoino Releases Demo of Tether’s New Wallet Building Kit, Says Tech Will Power ‘Billions of Wallets’

Tether CEO Paolo Ardoino says the company’s new wallet building kit will soon be available and open to all developers as he releases the product’s demo. In a new thread on X, Ardoino says that the wallet development kit (WDK) will have the ability to store Bitcoin (BTC) and gas-fee abstraction, which removes the need for users to hold specific tokens to pay for blockchain transactions. He expects the wallet development kit to launch in about one month. “Here is a demo of the (Wallet Development Kit) WDK template wallet. Build 100% on WDK by Tether. Well encapsulated reusable UI (user interface) components. Soon open source. Fully non-custodial (supports different seed backup strategies to enable super simple user-experience). Available for any platform/os both mobile and desktop. Implements USDT, USDT0, an extremely comprehensive set of DeFi (decentralized finance) primitives (lending, swapping…). Security audited. Clone, add your custom...

Beware of airdrops: Tether CEO warns of mailing list breach

The crypto community has been advised by Tether CEO Paolo Ardoino to remain vigilant following the reported compromise of a mailing list management platform that works with crypto companies. In a post on X (formerly Twitter), Ardoino claimed to have received two separate reports that “a prominent vendor” had been compromised. The breach was confirmed by CoinGecko’s Bobby Ong, who warned users to be on the lookout for suspicious emails, which may include scams such as “fake token launches.” In an industry plagued by constant scams, a crypto-specific mailing list can be a lucrative resource for parting unsuspecting users with their tokens. Last September, a similar air of paranoia swept the community when data analysis platform Nansen was breached, losing email addresses and some users’ (hashed) passwords and blockchain addresses. PSA: There is an ongoing supply chain email breach attack happening with an email newsletter vendor right now. Several crypto companies may be ...