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Tether launches open-source wallet development kit for humans and AI

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Tether, the company behind the world’s largest stablecoin, has launched an open-source Wallet Development Kit (WDK) designed to facilitate the creation of cryptocurrency wallets for both humans and artificial intelligence (AI) systems. The new WDK aims to make it easier for developers to build secure, user-friendly wallets that can be used across a variety of blockchain networks. Tether’s move underscores its broader strategy to enhance accessibility and improve the user experience within the digital asset space, providing a toolset for both individual and AI-driven cryptocurrency applications.

The open-source nature of the WDK allows for greater flexibility and customization, enabling developers to design wallets that cater to a wide range of use cases. This includes supporting transactions involving Tether’s USDT stablecoin, as well as other digital assets. The inclusion of AI as a target audience for the WDK is particularly notable, as it anticipates a growing role for artificial intelligence in managing digital assets and facilitating blockchain interactions. By providing developers with the tools to build wallets that can integrate with AI systems, Tether is positioning itself at the forefront of the evolving crypto ecosystem.

Tether’s launch of the Wallet Development Kit also highlights the company’s ongoing efforts to improve the infrastructure surrounding stablecoins. Stablecoins like USDT are increasingly used for a variety of financial services, including remittances, trading, and decentralized finance (DeFi) applications. The new WDK aims to make the process of integrating stablecoins into digital wallets more efficient, particularly as demand for cryptocurrency solutions grows among both individual users and institutional investors. It could also help facilitate smoother interactions between human users and AI systems within the cryptocurrency space.

As the cryptocurrency industry continues to expand, the demand for secure, easy-to-use wallet solutions has become more pronounced. Tether’s new WDK is part of a broader trend in the industry toward improving infrastructure and developing more robust tools for wallet and payment solutions. With its focus on both human and AI users, the initiative could pave the way for innovative applications in areas like DeFi, digital asset management, and AI-assisted financial services, further integrating blockchain technology into the mainstream financial ecosystem.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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