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Tether CEO Reveals Open-Source Local Password Manager—Urges “Ditch the Cloud” After $300M Data Leak Threat

2025-07-04 05:08:14

Description

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...

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