Tether CEO Launches PearPass: Offline Password Manager After Record 16B Credential Leak

Tether CEO Fights Back After 16B Password Leak: Meet PearPass

In response to the largest credential breach in history—reportedly affecting platforms like Google, Meta, and Apple—Tether CEO Paolo Ardoino has introduced PearPass, a fully offline, open-source password manager. Ardoino slammed cloud security, declaring, “The cloud has failed us. Again.”

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PearPass is designed to store all credentials locally on your device, eliminating the risks of centralized storage. The announcement echoes a larger movement toward decentralized, user-first security tools—a trend gaining traction as online identity theft skyrockets.

This isn’t just another password manager—PearPass signals a shift away from vulnerable cloud-based solutions. Expect a public release in the coming months, with its offline nature poised to reshape the cybersecurity space.

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Anmol Khatiwada

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