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   957

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.

SEC to Accuse Veritaseum ICO of Fraud

SEC believes that project's tokensale, thru which it raised $14.8M back in 2017-2018 had a signs of scam and company misled the investors
14 August 2019   182

The U.S. Securities and Exchange Commission (SEC) has sued New Yorker  and Veritaseum-related companies that have been caught by the agency in conducting an unregistered ICO with signs of fraud. It is reported by Cointelegraph.

According to documents published on the network, the SEC intends to hold Reggie Middleton accountable and immediately freeze the assets of Veritaseum Inc. and Veritaseum LLC.

The Commission claims that the defendants raised about $ 14.8 million through an initial coin offering (ICO) in 2017 - early 2018. At the same time, many investors were misled, as the company distorted information about the conditions of the token sale and deliberately hid some significant details.

The American regulator claims that the project still has about $ 8 million of illegally raised funds. According to the SEC, these assets must be frozen immediately.

Amid this news, the Veritaseum (VERI) rate has fallen by 70%. Now the coin is trading near the $ 5 mark, although at the beginning of 2018 its rate was approaching $ 500.

Veritaseum was created as a financial p2p platform, involving the movement of capital without traditional intermediaries. Also, VERI was positioned as a utility token for use in consulting services and access to various research works.

In 2017, Veritaseum blockchain startup fell victim to hackers, having lost $ 8.4 million from ICO investors.