Scammers Use Buterin's Name to Steal Funds

Fraudster claims to be Vitalik Buterin declares that "his laptop, literally, dead," so he needs money until he gets to the cold wallet
23 January 2018   997

Buterin decided to warn his subscribers on Twitter about the scamming scheme, which is gaining popularity, in which cybercriminals under the guise of the creator Ethereum are trying to fraudulently capture the cryptocurrency accumulation of potential victims.

As Buturin explains, the fraudster who claims to be himself declares that "his laptop, literally, was dead," so he needs money until he gets to the cold wallet, which will take about a week.

Users have already compared the hypothetical situation in which Buterin could request Ethereum, with Bill Gates trying to get a serial key from Windows.

Attackers do not cease to invent new schemes to steal cryptocurrency from its owners. Recently, Kaspersky unveiled new Facebook phishin scheme.

Fidelity Investments to Launch BTC & ETH Platform

New platform is designed for institutional investors
16 October 2018   195

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.