Welcome to the US Crypto News Morning Briefing — a summary of the most important news on the crypto market for you today.
Savor your morning coffee while Tether, the issuer of the USDT stablecoin, is pushing to change the way we protect our digital lives. A new direction promises to give users control, bypassing cloud storage and rendering traditional password methods increasingly obsolete.
Crypto news today: Tether has just launched a 'secret weapon' against cloud intrusions.
Tether has made a bold move in the realm of digital security with the launch of PearPass, the first peer-to-peer password management application aimed at eliminating reliance on cloud storage. This application:
Store all login information directly on the user's device.
Completely eliminate central servers and intermediaries.
Give users absolute control over their online security.
The launch of PearPass comes at a time when billions of login credentials have been leaked in major attacks, putting users at risk of personal information exposure, financial loss, and other cyber threats.
Cloud-based password managers, while convenient, are also becoming attractive targets for hackers due to centralized storage architecture.
PearPass addresses this concern by storing all data directly on the user's device and allowing encrypted peer-to-peer synchronization between devices chosen by the owner.
"Every major leak proves one thing: if your secrets are in the cloud, they don’t truly belong to you... PearPass eliminates centralized risk. No servers, no intermediaries, no backdoors. Recovery and synchronization between devices are entirely under your control. This is security that no one can turn off, take away, or violate, because it never left your hands," quoted Tether CEO Paolo Ardoino.
PearPass combines simplicity with advanced security features. This application integrates a password generator, employs end-to-end encryption based on open source, along with a peer-to-peer architecture ensuring your data does not leak to third parties.
Account recovery is entirely user-controlled through personal private keys, without relying on any external systems.
PearPass sets a new standard for decentralized, open-source security.
Additionally, PearPass is built entirely as open-source and audited by the community, making it easy for security professionals and users to evaluate, verify, and contribute to the software.
This platform has also passed an independent security assessment by Secfault Security, a company specializing in real-world security and cryptographic analysis. This helps to further solidify PearPass against real-world cyber attack threats.
The new product continues to reflect Tether's broader strategy: developing technologies capable of resisting the pressures of centralization. In a context where governments, corporations, and intermediaries increasingly seek access to personal data, PearPass serves as an example of systems that maintain privacy, independence, and perform well even under high risk.
However, while the peer-to-peer solution helps avoid risks from the cloud:
It may be inconvenient for users who frequently change devices.
Recovery relies entirely on each individual's ability to manage their keys, which may be a barrier for those who are not technically savvy.
Some experts may question whether the average user will accept a decentralized password manager.
This occurs against a backdrop of traditional cloud platforms becoming increasingly user-friendly and built into browsers and phones.
Users still need to protect their devices at the operating system level.
Although PearPass helps avoid the risk of leaks from the cloud, it cannot protect you from attacks on personal devices, malware, or physical theft.
Encrypted peer-to-peer synchronization opens up new avenues, but peer networks may also experience delays, synchronization errors, or exploitation if not secured properly.
Although PearPass has undergone open-source code audits and checks by Secfault Security, no system is entirely risk-free. Skeptics may argue that this new peer-to-peer model still carries unmeasured risks until it is widely tested in real-world environments.
Quick information about Alpha
Here is a summary of some crypto news in the US you should follow today:
Bitcoin is trading at the 'price of trust': Why is the $81,500 mark significant right now?
Solana begins security upgrades against quantum threats as the blockchain industry accelerates safety measures.
Predicting Cantor Fitzgerald's $200 billion Hyperliquid just reshaped the HYPE speculation wave.
Six consecutive weeks of inflows into the spot ETF have not helped XRP's price rise — on-chain data reveals the reasons.
Top 3 price forecasts for Bitcoin, gold, silver: Will the rise of these metals signal pressure for the market?
Binance offers a $5 million reward for anyone who reports fake listing agents as the scrutiny process tightens.
How can the UK make stablecoins a core part of payments by 2026?
Ethereum's price drops below $3,000 as investor confidence wanes.
Overview of the cryptocurrency market before opening.
CompanyClose of trading on 12/16Overview before tradingStrategy (MSTR)167.50 USD167.40 USD (-0.060%)Coinbase (COIN)252.61 USD254.00 USD (+0.51%)Galaxy Digital Holdings (GLXY)24.31 USD24.51 USD (+0.82%)MARA Holdings (MARA)10.69 USD10.75 USD (+0.56%)Riot Platforms (RIOT)13.47 USD13.65 USD (+1.34%)Core Scientific (CORZ)14.73 USD15.11 USD (+2.58%)
The race to open the crypto market stocks: Google Finance
