Tether is probably the single most impressive company of our lifetimes well fucking done @paoloardoino
The Daily: Tether CEO blasts cloud security after massive password leak, Kraken launches bitcoin 'staking,' and more https://t.co/X9HtfHVDyS
TETHER CEO: “I love Bitcoin. I think that Bitcoin’s completely different than crypto.” 🙌 “Bitcoin is the new gold.” https://t.co/0978JNpIJz
Tether Chief Executive Officer Paolo Ardoino on 20 June announced PearPass, an open-source password manager that stores data only on users’ devices rather than in the cloud. The project was developed after a breach that exposed an estimated 16 billion passwords, the largest known leak of credentials to date. Ardoino said the incident underscored that “the cloud has failed us,” adding that PearPass is intended to eliminate the server-side vulnerabilities that have plagued existing password managers. While no launch date was disclosed, Tether plans to release the software “soon” under a licence that allows public code audits. The initiative marks the stablecoin issuer’s latest move beyond payments into wider consumer security infrastructure.
