Tether teases the password tool after the leak 16b hits Facebook, Apple Apple

A record of 16 billion passwords linked to platforms such as Google, Facebook, Apple and government services have been disclosed in what cybersecurity experts call a “mass exploitation plan”.

The leak, confirmed by Cybernews safety researchers In a blog article on June 20is the largest of all time, exposing billions of connection references that could be used for identity theft, phishing and scoring.

In response, the CEO of Tether Paolo Ardoino unveiled plans for Pearpass, a fully offline and open-source password manager. “The cloud has failed us. Again,” he wrote in an article on X. “It’s time to abandon the cloud.”

Leak a “plan for mass exploitation”, warns a cybersecurity company

Cybernews, a cybersecurity research team, said that they had discovered 30 “sets of exposed data containing tens of millions to more than 3.5 billion files each.” In total, he said that he had revealed 16 billion violations.

“It is not only a leak – it is a plan for mass exploitation,” said the researchers. “With more than 16 billion connection files exposed, cybercriminals now have unprecedented access to personal identification information which can be used for taking control, identity theft and highly targeted phishing.”

Whenever a new data violation occurs, it looks like already.

But today it was different.
Apple, Google, Facebook and Telegram.
Everything touched in the largest identification leak ever recorded.

Your digital self was again, exposed. pic.twitter.com/bya6htfawu

– fa_yaman (@fa_yamannn) June 19, 2025

Data leak is the largest violation ever confirmed.

Tether announces the upcoming launch of Pearpass

Tether’s Ardoino called for a decentralized alternative to the cloud for the storage and protection of passwords. He revealed in his post that the company “built Pearpass – to come soon”.

The software will be an open-source password manager who will perform locally on user devices.

“No cloud. No servers. No leaks. Never,” said Ardoine in the post.

This product is the last in the company’s offset to focus only on its stablecoin, USDT, which is the largest product of this type with market capitalization of more than $ 155 billion, data Coinmarketcap shows.

It follows an announcement that the company will also launch an Open Source operating operating system towards the end of the year.

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