Hackers to Steal Atlas Quantum Users' Data

The names of 261k customers, their phone numbers, mail addresses and balances became available to the hackers
27 August 2018   395

The Atlas Quantum crypto investment platform was hacked and all users' data was stolen. As reported by Have I Been Pwned, the leak affected 261 000 users. The names of customers, their phone numbers, mail addresses and balances became available to the hackers.

Atlas Quantum had officially confirmed the hacking and reported the investigation of the incident. Representatives of the company stressed that funds from user accounts were not stolen.

The platform provides users with the opportunity to trade crypto-currencies at various sites and profit from price differences.

It is also reported that the company has disabled some of its platform capabilities for the duration of the investigation, after which they will be reactivated, and users will be notified accordingly.

According to the report of the international company Group-IB, specializing in the prevention of cyberattacks, in January 2018, the number of compromised user accounts of cryptoexchange increased by 689% compared to the average monthly indicator of 2017.

Fidelity Investments to Launch BTC & ETH Platform

New platform is designed for institutional investors
16 October 2018   137

One of the world's largest asset managers, Fidelity Investments, announced the launch of a unit focused on providing institutional investors with Bitcoin and Ethereum services. The Forbes reports.

The new division received the name Fidelity Digital Assets and, possessing a staff of 100 employees, will provide a platform for trading cryptocurrencies and consulting services 24/7.

The platform already has first customers, but its launch for a wider range of investors is scheduled for the beginning of 2019.

This is a recognition that there is institutional demand for these assets as a class. Family offices, hedge funds, other sophisticated investors are starting to think seriously about this space.

Tom Jessop

Founding head, Fidelity Digital Assets

In particular, Fidelity Digital Assets will offer a transaction service that, using internal cross-connect and order routers, will trade through third-party liquidity providers.

One of the most popular offers by the company can also be a service for storing Bitcoin and other cryptocurrencies. It is physical storage, distributed in different geographical locations and offering the so-called "cold" storage of digital assets. This way of storing cryptocurrencies without access to the Internet and with a multi-level control system is considered to be one of the safest and most resistant to hacking today.

As the CEO of Fidelity Investments, Abigail Johnson, said, the goal of the new platform is to make digital assets like Bitcoin more accessible to investors.

Fidelity Investments is considered the fifth largest asset manager in the world, offering investment and custody services to 13,000 consulting firms and brokers. In total, the company manages assets worth $ 7.2 trillion.