Tether CEO Reveals Open-Source Local Password Manager—Urges “Ditch
0Data Breach
Tether
As massive credential leaks expose the fragility of cloud-based security, Tether is betting on a privacy-first future with PearPass.
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Hassan Shittu
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Hassan Shittu
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Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
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Stablecoin issuer Tether’s CEO, Paolo Ardoino announced that plan to launch a new password manager that stores all user data locally, with no reliance on cloud infrastructure.
The announcement comes just after researchers uncovered a major data breach exposing over 16 billion login credentials.
Tether Enters Privacy Tech Race With PearPass, Aiming to Secure Crypto Users Password Post-Leak.
Tether CEO Paolo Ardoino shared the news on X, revealing that the company is preparing to launch PearPass, a fully open-source password manager built to run without servers or remote storage.
“The cloud has failed us. Again,” Ardoino wrote. “16 billion passwords just leaked. It’s time to ditch the cloud. That’s why we’ve been building PearPass.”
The data breach, uncovered by the Cybernews research team, includes stolen credentials from major online platforms such as Apple, Google, Facebook, Telegram, and GitHub.
Many of the datasets were compiled using info-stealer malware and other techniques, some containing over 3 billion...
https://cryptonews.com/news/tether-ceo-reveals-open-source-local-password-manager-urges-ditch-the-cloud-after-300m-data-leak-threat/
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