CEO of Tether, the exporter of the stablecoin giant USDT Paolo Ardoinoyesterday after the gigantic data leakage of the passwords in the cloud announced the end of the period. Ardoino, in his statement on the social media platform X, is a completely local employee and open -source password manager. Pearpassthey will soon be released announced. “The cloud left us again, Ard Ardoino said that 16 billion passwords belonging to Apple, Facebook, Google, State Services and other social media platforms have been leaked, and called for” time to give up the cloud “. According to Forbes, the data leakage pointed out by Tether CEO was the biggest data leakage recorded so far.
Pearpass solution from Tether after giant data leakage
The leak on Thursday affected billions of users worldwide. CyberNews‘s transfer according to Cyber security experts see this leak as a “guide for mass exploitation”. Stolen data is warned that malicious actors can be used to start hack attacks or identity hunting campaigns.
This large -scale cloud vulnerability stands out as Tether’s rationale for developing Pearpass. Ardoino describes Pearpass as a “completely local, open source” password manager. This means that all data (including passwords and encryption switches) will only be stored in their devices (s), and will not be dependent on cloud storage. “No cloud. No server. No leakage. Never emphasizing Ardoino, the product will be available soon, he said.
Ardoino: We are building great technologies that prioritize people
The world’s largest stablecoinTether, who is the exporter of USDT, has previously signed the decentralized technology projects. The company in 2022 Holepunch And Synonym from spouse to spouse (P2P) in cooperation with Pear CreditHe launched it. It is not yet known whether Pearpass is connected to this P2P platform in any way.
Tether CEO technology approach Anthony Pompliiano He also announced in a last podcast interview with him. Ardoino’s vision is to develop technologies that can work even in the worst scenarios (eg a third world war). “If we live in a disaster scenario, we should be able to have locally working technology, Ard Ardoino said,“ My mission is to prove that great technologies that prioritize people can be built.
An open -source artificial intelligence working tool that could work on Tether’s equipment last month and integrated with crypto money payments through Tether’s wallet development kit (WDK) Tether AI It was also announced that he was working on it.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
