# Wallet Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Wallet", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Not Just USDT: Tether Wallet Is Attempting to Take Over the Payment System for Ordinary People

Tether, the issuer of the world's largest stablecoin USDT, has launched Tether Wallet, branded as "The People's Wallet," marking a strategic shift from being primarily an asset issuer to directly engaging with end-users. This move aims to capture retail traffic and create a closed-loop ecosystem by offering a simplified payment interface. The wallet eliminates key barriers to crypto adoption: complex hexadecimal addresses are replaced with human-readable usernames (e.g., username@tether), transaction fees (gas) are abstracted and paid directly in the transferred asset, and self-custody is combined with an encrypted cloud backup system for easier recovery. Supported assets include USDT on Ethereum, Polygon, and other networks, as well as Bitcoin and Tether’s gold-backed XAUT. Notably, it does not yet support Tron, where nearly half of all USDT is issued. By drastically reducing friction in cross-border payments—enabling instant, low-cost transfers via email-like addresses—Tether is positioning USDT to dominate small-value international settlements, particularly in emerging markets. This challenges traditional remittance services and competing stablecoins like USDC by leveraging its first-mover advantage and network effects. The piece also highlights underlying tensions: while promoting financial inclusion for the unbanked, Tether’s centralized infrastructure creates potential regulatory vulnerabilities. The wallet’s design also anticipates future use by AI agents for machine-to-machine payments. Ultimately, Tether Wallet represents both an expansion of Tether’s influence and a critical test of balancing efficiency, decentralization, and regulatory compliance in the evolving digital financial landscape.

marsbit2 days ago 09:31

Not Just USDT: Tether Wallet Is Attempting to Take Over the Payment System for Ordinary People

marsbit2 days ago 09:31

A $280 Million Lesson! The 2026 DeFi Security Guide to Avoiding Pitfalls

"DeFi Security Lessons from a $280M Hack: A 2026 Guide to Avoiding Pitfalls" The rapid growth of DeFi has turned it from a niche interest into a mainstream pursuit for high yields. However, this comes with significant risks, highlighted by a major attack on Solana's Drift Protocol in April 2026, resulting in losses between $220-$285 million. This event underscores that in DeFi, users bear full responsibility for their assets. Most losses occur during normal operations through common vulnerabilities: 1. **Excessive Token Approvals**: Granting unlimited contract permissions can lead to complete asset drainage. 2. **Phishing Websites**: Fake sites mimic legitimate projects to steal wallet credentials. 3. **Contract Exploits**: Code vulnerabilities allow hackers to legally drain funds. 4. **Rug Pulls**: Malicious projects withdraw liquidity, causing tokens to crash. The guide outlines five essential pre-interaction checks: 1. **Contract Security**: Verify contracts are open-source and audited by firms like CertiK. Avoid unaudited or newly deployed contracts. 2. **Authorization Management**: Avoid unlimited approvals; use minimal permissions and regularly revoke unused allowances via tools like revoke.cash. 3. **Official Access Points**: Bookmark official sites from trusted sources (e.g., project Twitter/Discord) to avoid phishing scams, which cause over 60% of losses. 4. **Abnormal Yields**: Extreme APYs (e.g., stablecoins >20%) often signal scams. Compare rates to established protocols like Aave. 5. **Asset Segregation**: Use a multi-wallet system (hot, DeFi, cold) to isolate assets and prevent total loss from a single breach. Additional risks include insider threats from developers or employees with privileged access. Psychological biases (e.g., FOMO) and AI-powered phishing make users susceptible. Core principles: never grant unlimited approvals, avoid unknown links, and diversify investments. Security is not optional but a fundamental requirement in DeFi.

marsbit04/08 00:06

A $280 Million Lesson! The 2026 DeFi Security Guide to Avoiding Pitfalls

marsbit04/08 00:06

Native Account Abstraction + Quantum Resistance: Why Hasn't EIP-8141 Become the Headliner of Ethereum's Hegotá?

Brief: EIP-8141, a proposal for native account abstraction on Ethereum, was recently discussed by core developers but only received a "Considered for Inclusion" (CFI) status for the upcoming Hegotá upgrade, rather than being a headline feature. Despite having support from Vitalik Buterin, the proposal is considered too heavy for immediate implementation due to unresolved complexities in client implementation, transaction pool security, and validation. The proposal, named "Frame Transactions," introduces a new transaction type (0x06) that decouples the validation, payment, and execution of transactions into sequential "frames." This allows accounts to have programmable verification logic, enabling features like gas abstraction (e.g., paying fees with stablecoins), multi-operation batching, social recovery, and future-proofing against quantum threats by supporting alternative signature schemes beyond ECDSA. While EIP-8141 is backward compatible and wouldn’t require users to migrate existing wallets, its protocol-level changes are significant. The delay in full adoption reflects Ethereum’s cautious, incremental approach to upgrading its account model. The proposal highlights growing urgency around improving user experience and preparing for long-term security challenges, such as quantum computing, though it is not a finalized solution. The CFI status means it remains under active evaluation for future upgrades.

marsbit04/03 10:35

Native Account Abstraction + Quantum Resistance: Why Hasn't EIP-8141 Become the Headliner of Ethereum's Hegotá?

marsbit04/03 10:35

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