Tether CEO: Abandoning cloud computing, launching PearPass password management solution

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On June 20, Tether CEO Paolo Ardoino commented on the recent incident of "160 billion login credentials being leaked by Apple, Google, etc.", stating, "Cloud computing has disappointed us again. It's time to abandon the cloud, which is why we are building PearPass. PearPass will be launched soon, using a fully localized open-source password manager that requires no cloud, no servers, and will never leak."

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