Tether launches over-collateralized synthetic dollar aUSDT backed by physical gold

Tether has officially launched Alloy, a new platform introducing aUSD₮, a digital asset over-collateralized by Tether Gold (XAU₮). This innovative asset aims to combine the stability and familiarity of the US dollar with the enduring value of gold. The aUSD₮ token is designed to track the value of one US dollar, providing a stable unit The post Tether launches over-collateralized synthetic dollar aUSDT backed by physical gold appeared first on CryptoSlate.

Continue ReadingTether launches over-collateralized synthetic dollar aUSDT backed by physical gold

Ledger points to zero-day phone exploits as evolving risk for crypto security

CryptoSlate caught up with Ledger’s CTO Charles Guillemet at BTC Prague on a range of topics, from what really happened during the Ledget ConnectKit exploit to the intricate challenges of securing such a high percentage of the world’s digital assets. Guillemet’s background, deeply rooted in cryptography and hardware security, provides a strong foundation for his The post Ledger points to zero-day phone exploits as evolving risk for crypto security appeared first on CryptoSlate.

Continue ReadingLedger points to zero-day phone exploits as evolving risk for crypto security

Biden admin, Mark Cuban reportedly set for high-stakes Bitcoin roundtable in DC

Over the weekend, Bitcoin Magazine reported that US Congressman Ro Khanna, representing California’s 17th congressional district, is set to host a Bitcoin and blockchain roundtable in Washington, D.C., in early July, according to a private email sent by Khanna’s office and seen by Bitcoin Magazine. Khanna’s office reportedly described the upcoming meeting as “the most The post Biden admin, Mark Cuban reportedly set for high-stakes Bitcoin roundtable in DC appeared first on CryptoSlate.

Continue ReadingBiden admin, Mark Cuban reportedly set for high-stakes Bitcoin roundtable in DC

Ledger CTO backs introducing new OP codes, layer-2s to realize Bitcoin potential

In a recent interview with CryptoSlate’s Akiba, Ledger’s Chief Technology Officer, Charles Guillemet, shared his transformative journey from initial skepticism to a deep appreciation of Bitcoin’s potential. He shared Akiba’s vision of a future where Bitcoin’s capabilities extend beyond being a digital currency to serving as a robust mechanism for time-stamping and event-sequencing, provided scalability challenges The post Ledger CTO backs introducing new OP codes, layer-2s to realize Bitcoin potential appeared first on CryptoSlate.

Continue ReadingLedger CTO backs introducing new OP codes, layer-2s to realize Bitcoin potential

What’s the difference between Shamir, TSS, MPC, Multisig, and VSS in crypto custody?

Digital asset security is paramount in crypto, and several cryptographic methods are available to ensure the safety of digital assets, each with unique benefits and applications. This article focuses on explaining Shamir’s Secret Sharing (SSS), Threshold Signature Schemes (TSS), Multi-Party Computation (MPC), Multi-Signature (Multisig), and Verifiable Secret Sharing (VSS) as they pertain to crypto wallets The post What’s the difference between Shamir, TSS, MPC, Multisig, and VSS in crypto custody? appeared first on CryptoSlate.

Continue ReadingWhat’s the difference between Shamir, TSS, MPC, Multisig, and VSS in crypto custody?