According to Paolo Ardoino (@paoloardoino), a massive leak has exposed 16 billion passwords due to cloud vulnerabilities, highlighting increased security risks for cryptocurrency traders and exchanges. Ardoino announced the upcoming launch of PearPass, a fully local, open-source password manager that eliminates cloud and server dependencies, aiming to prevent future breaches. Crypto users are advised to review their security protocols, as such large-scale leaks can lead to targeted phishing attacks and wallet compromises, directly impacting trading safety and asset protection (Source: Paolo Ardoino on Twitter, June 19, 2025).